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ALLETE Inc
NYSE:ALE

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ALLETE Inc Logo
ALLETE Inc
NYSE:ALE
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Price: 59.71 USD 2.09% Market Closed
Updated: Apr 20, 2024

Operating Margin
ALLETE Inc

9.6%
Current
10%
Average
14.3%
Industry
Positive for the last year
9.6%
Positive average
10%
Worse than average
Worse than industry value

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
9.6%
=
Operating Profit
180.9m
/
Revenue
1.9B

Operating Margin Across Competitors

Operating Margin Comparison
ALLETE Inc Competitors

Country US
Market Cap 3.4B USD
Operating Margin
10%
Country US
Market Cap 131.9B USD
Operating Margin
35%
Country US
Market Cap 79.3B USD
Operating Margin
23%
Country ES
Market Cap 71.3B EUR
Operating Margin
18%
Country US
Market Cap 75.7B USD
Operating Margin
24%
Country IT
Market Cap 60.5B EUR
Operating Margin
15%
Country US
Market Cap 57.3B USD
Operating Margin
6%
Country FR
Market Cap 46.6B EUR
Operating Margin
-12%
Country DK
Market Cap 45.6B EUR
Operating Margin
17%
Country US
Market Cap 44.3B USD
Operating Margin
20%
Country US
Market Cap 44B USD
Operating Margin
14%

Profitability Report

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

See Also

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What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
9.6%
=
Operating Profit
180.9m
/
Revenue
1.9B
What is the Operating Margin of ALLETE Inc?

Based on ALLETE Inc's most recent financial statements, the company has Operating Margin of 9.6%.