First Time Loading...

ALLETE Inc
NYSE:ALE

Watchlist Manager
ALLETE Inc Logo
ALLETE Inc
NYSE:ALE
Watchlist
Price: 59.075 USD 1% Market Closed
Updated: Apr 19, 2024

Net Margin
ALLETE Inc

13.2%
Current
12%
Average
7.9%
Industry
Positive for the last year
13.2%
Positive average
12%
Better than average
Better than industry value

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
13.2%
=
Net Income
247.1m
/
Revenue
1.9B

Net Margin Across Competitors

Net Margin Comparison
ALLETE Inc Competitors

Country US
Market Cap 3.4B USD
Net Margin
13%
Country US
Market Cap 132.6B USD
Net Margin
26%
Country US
Market Cap 79B USD
Net Margin
16%
Country ES
Market Cap 71.3B EUR
Net Margin
10%
Country US
Market Cap 75.1B USD
Net Margin
9%
Country IT
Market Cap 60.4B EUR
Net Margin
4%
Country US
Market Cap 56.6B USD
Net Margin
7%
Country FR
Market Cap 46.6B EUR
Net Margin
-13%
Country DK
Market Cap 46.2B EUR
Net Margin
-27%
Country US
Market Cap 44.4B USD
Net Margin
12%
Country US
Market Cap 43.7B USD
Net Margin
9%

Profitability Report

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

See Also

Discover More
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
13.2%
=
Net Income
247.1m
/
Revenue
1.9B
What is the Net Margin of ALLETE Inc?

Based on ALLETE Inc's most recent financial statements, the company has Net Margin of 13.2%.