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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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ROE
Return on Equity

ROE is a metric of how well the company utilizes its equity and measures how many dollars of profit are generated for each dollar of shareholder's equity.

ROE
=
Net Income
/
Equity
Current ROE
ALE
7.7%
Average ROE
ALE
7.9%
Industry ROE
Utilities
8.5%

ROE History

Statistics
Return on Equity

1 Year 3 Years 5 Years
Average 7.2% 7.9% 8.1%
Median 7.2% 7.7% 8.2%
Min 6.7% 6.7% 6.7%
Max 7.7% 9.1% 9.1%

History Chart
Return on Equity

ROE Across Competitors

ROE Comparison
ALLETE Inc Competitors

Country Company Market Cap ROE
US
ALLETE Inc
NYSE:ALE
3.1B USD
8%
US
Nextera Energy Inc
NYSE:NEE
153B USD
4%
US
Duke Energy Corp
NYSE:DUK
81B USD
8%
US
Southern Co
NYSE:SO
74.8B USD
8%
ES
Iberdrola SA
OTC:IBDSF
68.1B USD
9%
IT
Enel SpA
OTC:ENLAY
58.8B USD
17%
Country US
Market Cap 3.1B USD
ROE
8%
Country US
Market Cap 153B USD
ROE
4%
Country US
Market Cap 81B USD
ROE
8%
Country US
Market Cap 74.8B USD
ROE
8%
Country ES
Market Cap 68.1B USD
ROE
9%
Country IT
Market Cap 58.8B USD
ROE
17%

Profitability Report

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

See Also

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