ALE
Allete, Inc.
Halal Rating :
Last Price
$65.71
Last updated:
Market Cap
$3.8b
7D Change
0.83%
1 Year Change
10.73%
Company Overview
Industries
Exchange
NYSE
Next Earnings Date
ALLETE, Inc. is a multi-services company that operates primarily through three business segments: Regulated Operations (Minnesota Power and Superior Water, Light and Power), ALLETE Clean Energy, and Corporate and Other. The company's primary business is providing regulated electricity through Minnesota Power in northeastern Minnesota and Superior Water, Light and Power in northwestern Wisconsin. They also develop, own and operate clean and renewable energy projects.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $407.2m | $382.2m | - | $20.3m | 0.00% | 5.31% |
| June 30, 2024 | $354.5m | $345.2m | - | $20.1m | 0.00% | 5.82% |
| March 31, 2024 | $403.3m | $376.4m | - | $20.4m | 0.00% | 5.42% |
Company Impact
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