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ALLETE Inc (NYSE:ALE)

59.04 USD +1.29 USD ( +2.23% )
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ALLETE Inc
NYSE:ALE
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ROA
Return on Assets

ROA is an indicator of how well a company utilizes its assets in terms of profitability.

This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control.

ROA
=
Net Income
/
Total Assets
Current ROA
ALE
2.9%
Average ROA
ALE
3.2%
Industry ROA
Utilities
2.4%

ROA History

Statistics
Return on Assets

1 Year 3 Years 5 Years
Average 2.7% 3.2% 3.2%
Median 2.7% 3.1% 3.4%
Min 2.5% 2.5% 2.5%
Max 2.9% 3.8% 3.8%

History Chart
Return on Assets

ROA Across Competitors

ROA Comparison
ALLETE Inc Competitors

Country Company Market Cap ROA
US
ALLETE Inc
NYSE:ALE
3.1B USD
3%
US
Nextera Energy Inc
NYSE:NEE
153B USD
1%
US
Duke Energy Corp
NYSE:DUK
81.1B USD
2%
US
Southern Co
NYSE:SO
74.8B USD
2%
ES
Iberdrola SA
OTC:IBDSF
68.1B USD
3%
IT
Enel SpA
OTC:ENLAY
57.7B USD
3%
Country US
Market Cap 3.1B USD
ROA
3%
Country US
Market Cap 153B USD
ROA
1%
Country US
Market Cap 81.1B USD
ROA
2%
Country US
Market Cap 74.8B USD
ROA
2%
Country ES
Market Cap 68.1B USD
ROA
3%
Country IT
Market Cap 57.7B USD
ROA
3%

Profitability Report

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

See Also

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