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ALLETE Inc
NYSE:ALE

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ALLETE Inc
NYSE:ALE
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Price: 58.2 USD 0.57% Market Closed
Updated: Apr 18, 2024

Gross Margin
ALLETE Inc

74.8%
Current
88%
Average
33.6%
Industry
Positive for the last year
74.8%
Positive average
88%
Worse than average
Better than industry value

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
74.8%
=
Gross Profit
1.4B
/
Revenue
1.9B

Gross Margin Across Competitors

Gross Margin Comparison
ALLETE Inc Competitors

Country Company Market Cap Gross
Margin
US
ALLETE Inc
NYSE:ALE
3.4B USD
75%
US
Nextera Energy Inc
NYSE:NEE
131.1B USD
0%
US
Southern Co
NYSE:SO
76.7B USD
88%
ES
Iberdrola SA
MAD:IBE
71.1B EUR
41%
US
Duke Energy Corp
NYSE:DUK
72.9B USD
67%
IT
Enel SpA
MIL:ENEL
59.6B EUR
54%
US
Constellation Energy Corp
NASDAQ:CEG
59B USD
36%
FR
Electricite de France SA
PAR:EDF
46.6B EUR
36%
DK
Oersted A/S
SWB:D2G
45B EUR
32%
US
PG&E Corp
NYSE:PCG
43B USD
83%
US
American Electric Power Company Inc
NASDAQ:AEP
42.9B USD
65%
ALLETE Inc
NYSE:ALE
Country US
Market Cap 3.4B USD
Gross Margin
75%
Nextera Energy Inc
NYSE:NEE
Country US
Market Cap 131.1B USD
Gross Margin
0%
Southern Co
NYSE:SO
Country US
Market Cap 76.7B USD
Gross Margin
88%
Iberdrola SA
MAD:IBE
Country ES
Market Cap 71.1B EUR
Gross Margin
41%
Duke Energy Corp
NYSE:DUK
Country US
Market Cap 72.9B USD
Gross Margin
67%
Enel SpA
MIL:ENEL
Country IT
Market Cap 59.6B EUR
Gross Margin
54%
Constellation Energy Corp
NASDAQ:CEG
Country US
Market Cap 59B USD
Gross Margin
36%
Electricite de France SA
PAR:EDF
Country FR
Market Cap 46.6B EUR
Gross Margin
36%
O
Oersted A/S
SWB:D2G
Country DK
Market Cap 45B EUR
Gross Margin
32%
PG&E Corp
NYSE:PCG
Country US
Market Cap 43B USD
Gross Margin
83%
American Electric Power Company Inc
NASDAQ:AEP
Country US
Market Cap 42.9B USD
Gross Margin
65%

Profitability Report

View the profitability report to see the full profitability analysis for ALLETE Inc.

Full Profitability Report

See Also

Summary
ALE intrinsic value, competitors valuation, and company profile.
DCF Valuation
ALE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ALE stock valuation using valuation multiples.
Wall Street Estimates
ALE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ALE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
74.8%
=
Gross Profit
1.4B
/
Revenue
1.9B
What is the Gross Margin of ALLETE Inc?

Based on ALLETE Inc's most recent financial statements, the company has Gross Margin of 74.8%.

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