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ALLETE Inc
NYSE:ALE

Watchlist Manager
ALLETE Inc Logo
ALLETE Inc
NYSE:ALE
Watchlist
Price: 59.96 USD 0.27% Market Closed
Updated: Apr 25, 2024

Income Statement

Earnings Waterfall
ALLETE Inc

Revenue
1.9B USD
Cost of Revenue
-473.5m USD
Gross Profit
1.4B USD
Operating Expenses
-1.2B USD
Operating Income
180.9m USD
Other Expenses
66.2m USD
Net Income
247.1m USD

Income Statement
ALLETE Inc

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Income Statement
Currency: USD
Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023
Revenue
Revenue
1 018
N/A
1 051
+3%
1 076
+2%
1 114
+4%
1 137
+2%
1 160
+2%
1 223
+5%
1 397
+14%
1 486
+6%
1 500
+1%
1 492
-1%
1 379
-8%
1 340
-3%
1 372
+2%
1 410
+3%
1 423
+1%
1 419
0%
1 414
0%
1 405
-1%
1 390
-1%
1 499
+8%
1 498
0%
1 444
-4%
1 384
-4%
1 241
-10%
1 195
-4%
1 148
-4%
1 153
+0%
1 169
+1%
1 197
+2%
1 289
+8%
1 341
+4%
1 419
+6%
1 464
+3%
1 501
+3%
1 544
+3%
1 571
+2%
1 752
+12%
1 912
+9%
1 903
0%
1 880
-1%
Gross Profit
Cost of Revenue
0
(24)
(42)
0
0
(50)
(84)
(233)
(302)
(304)
(286)
(182)
(145)
(147)
(152)
(141)
(148)
(149)
(148)
(150)
(218)
(216)
(195)
(171)
(81)
(67)
(67)
(67)
(67)
(67)
(66)
(66)
(69)
(69)
(95)
(118)
(183)
(376)
(528)
(523)
(474)
Gross Profit
0
N/A
1 028
N/A
1 034
+1%
0
N/A
0
N/A
1 110
N/A
1 139
+3%
1 163
+2%
1 184
+2%
1 196
+1%
1 206
+1%
1 197
-1%
1 195
0%
1 225
+3%
1 258
+3%
1 282
+2%
1 272
-1%
1 265
-1%
1 257
-1%
1 240
-1%
1 281
+3%
1 282
+0%
1 249
-3%
1 213
-3%
1 160
-4%
1 128
-3%
1 081
-4%
1 086
+0%
1 102
+2%
1 130
+3%
1 223
+8%
1 275
+4%
1 350
+6%
1 395
+3%
1 406
+1%
1 426
+1%
1 388
-3%
1 376
-1%
1 384
+1%
1 380
0%
1 406
+2%
Operating Income
Operating Expenses
(864)
(870)
(872)
(930)
(948)
(913)
(931)
(931)
(937)
(975)
(982)
(1 005)
(972)
(996)
(1 016)
(1 024)
(1 046)
(1 050)
(1 061)
(1 070)
(1 079)
(1 081)
(1 048)
(1 019)
(980)
(945)
(921)
(922)
(952)
(1 010)
(1 088)
(1 150)
(1 199)
(1 232)
(1 255)
(1 273)
(1 251)
(1 247)
(1 216)
(1 209)
(1 225)
Depreciation & Amortization
(117)
(121)
(126)
(130)
(136)
(143)
(150)
(160)
(170)
(179)
(187)
(192)
(196)
(198)
(200)
(202)
(178)
(173)
(179)
(179)
(206)
(212)
(206)
(204)
(202)
(204)
(208)
(212)
(218)
(222)
(226)
(230)
(232)
(235)
(239)
(240)
(242)
(243)
(245)
(249)
(252)
Operations Maintenance
(413)
(393)
(374)
(377)
(456)
(401)
(413)
(402)
(388)
(388)
(389)
(392)
(399)
(404)
(409)
(410)
(415)
(416)
(417)
(417)
(410)
(400)
(382)
(361)
(334)
(319)
(309)
(309)
(319)
(324)
(334)
(344)
(335)
(346)
(354)
(371)
(393)
(404)
(417)
(420)
(434)
Purchased Fuel Power Gas
(335)
(345)
(349)
(358)
(356)
(346)
(342)
(330)
(328)
(319)
(317)
(331)
(333)
(349)
(364)
(367)
(397)
(401)
(405)
(414)
(408)
(416)
(408)
(403)
(391)
(370)
(351)
(347)
(359)
(390)
(450)
(496)
(562)
(579)
(594)
(590)
(546)
(527)
(491)
(479)
(483)
Other Operating Expenses
0
(11)
(23)
(65)
0
(24)
(26)
(39)
(51)
(89)
(90)
(90)
(44)
(44)
(44)
(46)
(56)
(60)
(60)
(59)
(56)
(53)
(53)
(52)
(53)
(52)
(54)
(54)
(56)
(74)
(78)
(80)
(71)
(71)
(69)
(72)
(70)
(74)
(63)
(60)
(57)
Operating Income
154
N/A
158
+3%
162
+2%
184
+14%
189
+2%
197
+4%
208
+6%
233
+12%
247
+6%
221
-10%
224
+1%
192
-14%
224
+16%
229
+3%
242
+6%
258
+6%
226
-12%
215
-5%
196
-9%
170
-13%
201
+18%
201
0%
200
0%
194
-3%
180
-7%
183
+2%
160
-13%
164
+3%
151
-8%
120
-20%
136
+13%
125
-8%
151
+21%
163
+8%
151
-7%
153
+1%
137
-11%
129
-6%
169
+31%
172
+2%
181
+5%
Pre-Tax Income
Interest Income Expense
(25)
(27)
(28)
(31)
(34)
(38)
(41)
(45)
(47)
(48)
(50)
(51)
(52)
(51)
(49)
(47)
(45)
(46)
(48)
(51)
(50)
(49)
(48)
(45)
(43)
(45)
(41)
(40)
(42)
(40)
(44)
(47)
(47)
(48)
(51)
(55)
(57)
(56)
(56)
(49)
(49)
Non-Reccuring Items
0
0
0
0
0
0
0
0
(36)
0
0
0
0
0
0
0
0
0
0
0
0
20
21
21
24
4
3
3
(13)
0
0
0
0
0
(3)
(3)
(3)
0
0
58
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
5
5
6
7
8
7
6
5
3
3
2
3
4
4
4
3
6
4
6
6
8
13
15
17
19
15
13
12
13
11
9
9
6
6
18
20
22
24
12
13
75
Pre-Tax Income
133
N/A
136
+2%
140
+3%
161
+15%
162
+1%
166
+2%
173
+4%
193
+11%
167
-13%
176
+6%
177
+0%
144
-18%
176
+22%
182
+4%
197
+8%
214
+9%
187
-13%
172
-8%
154
-11%
126
-18%
159
+26%
185
+16%
188
+2%
186
-1%
179
-4%
156
-13%
135
-13%
140
+3%
109
-22%
92
-16%
101
+10%
87
-14%
111
+28%
121
+9%
115
-4%
116
+0%
100
-13%
97
-3%
124
+29%
194
+56%
207
+7%
Net Income
Tax Provision
(29)
(30)
(31)
(36)
(37)
(34)
(36)
(37)
(25)
(28)
(27)
(14)
(20)
(24)
(26)
(39)
(28)
(18)
(12)
(1)
16
16
23
28
7
23
27
30
43
40
36
35
27
20
25
27
31
26
18
(9)
(28)
Income from Continuing Operations
105
106
109
125
126
132
137
156
142
148
150
130
156
158
171
175
159
154
141
125
174
200
211
213
186
180
162
170
153
132
137
122
138
141
140
143
131
122
142
185
179
Income to Minority Interest
0
(0)
(0)
(0)
(1)
(1)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
2
5
7
13
19
22
24
31
43
53
57
58
59
53
62
68
Net Income (Common)
105
N/A
106
+1%
109
+3%
125
+15%
125
0%
131
+5%
137
+4%
156
+14%
141
-9%
147
+4%
149
+2%
129
-13%
155
+20%
158
+2%
171
+8%
175
+3%
172
-2%
174
+1%
169
-3%
154
-8%
174
+13%
194
+11%
197
+1%
197
+0%
186
-6%
181
-2%
167
-8%
177
+6%
165
-6%
151
-9%
159
+5%
146
-8%
169
+16%
184
+9%
193
+5%
200
+3%
189
-5%
181
-4%
195
+8%
247
+27%
247
0%
EPS (Diluted)
2.57
N/A
2.54
-1%
2.56
+1%
2.91
+14%
2.9
0%
2.78
-4%
2.81
+1%
3.18
+13%
2.92
-8%
3
+3%
3.01
+0%
2.61
-13%
3.14
+20%
3.14
N/A
3.33
+6%
3.41
+2%
3.37
-1%
3.38
+0%
3.27
-3%
2.99
-9%
3.38
+13%
3.74
+11%
3.8
+2%
3.8
N/A
3.59
-6%
3.5
-3%
3.23
-8%
3.41
+6%
3.19
-6%
2.89
-9%
3.03
+5%
2.78
-8%
3.22
+16%
3.44
+7%
3.44
N/A
3.48
+1%
3.38
-3%
3.18
-6%
3.41
+7%
4.31
+26%
4.3
0%

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