ALLETE INCALE
Market cap
$3.9B
P/E ratio
| Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Regulated Operating Revenue | - | - | - | - | - | - | - | 1,064 | 1,060 | 1,042 | 987 | 1,228 | 1,259 | 1,238 | 1,243 |
| Unregulated Operating Revenue | - | - | - | - | - | - | - | 356 | 416 | 187 | 171 | 180 | 304 | 636 | 282 |
| Other – Non-utility | - | - | - | - | - | - | - | - | - | - | 11 | 11 | 8 | 5 | 5 |
| Total Operating Revenue | - | - | - | - | - | - | 1,340 | 1,419 | 1,499 | 1,241 | 1,169 | 1,419 | 1,571 | 1,880 | 1,530 |
| Fuel, Purchased Power and Gas – Utility | - | - | - | - | - | - | - | - | 408 | 391 | 359 | 562 | 546 | 483 | 478 |
| Transmission Services – Utility | - | - | - | - | - | - | - | - | 70 | 70 | 67 | 75 | 77 | 88 | 65 |
| Cost of Sales – Non-utility | - | - | - | - | - | - | 145 | 148 | 218 | 81 | 67 | 69 | 183 | 474 | 129 |
| Operating and Maintenance | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 361 |
| Depreciation and Amortization | - | - | - | - | - | - | 196 | 178 | 206 | 202 | 218 | 232 | 242 | 252 | 272 |
| Taxes, Other | - | - | - | - | - | - | 54 | 57 | 58 | 53 | 56 | 71 | 70 | 57 | 65 |
| Total Operating Expenses | - | - | - | - | - | - | 1,116 | 1,190 | 1,297 | 1,061 | 1,018 | 1,268 | 1,437 | 1,699 | 1,370 |
| Operating Income | - | - | - | - | - | - | 224 | 230 | 201 | 180 | 151 | 151 | 134 | 181 | 160 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 82 |
| Equity Earnings | - | - | - | - | - | - | 19 | 23 | 18 | 22 | 22 | 20 | 19 | 22 | 25 |
| Other | - | - | - | - | - | - | 4 | 2 | 8 | 19 | 15 | 9 | 22 | 85 | 23 |
| Total Other Income (Expense) | - | - | - | - | - | - | -48 | -43 | -43 | -1 | -29 | -40 | -34 | 26 | -34 |
| Income Before Non-Controlling Interest and Income Taxes | - | - | - | - | - | - | 176 | 187 | 159 | 179 | 122 | 111 | 100 | 207 | 126 |
| Income Tax Expense (Benefit) | - | - | - | - | - | - | 20 | 15 | -15 | -7 | -39 | -27 | -31 | 28 | 5 |
| Net Income | 75 | 94 | 97 | 105 | 126 | 142 | 156 | 172 | 174 | 186 | 162 | 138 | 131 | 179 | 122 |
| Net Loss Attributable to Non-Controlling Interest | - | - | - | - | - | - | 1 | - | - | -0 | -13 | -31 | -58 | -68 | -58 |
| Net Income Attributable to ALLETE | 75 | 94 | 97 | 105 | 126 | 142 | 156 | 172 | 174 | 186 | 174 | 169 | 189 | 247 | 179 |
| Earnings Per Share, Basic | - | - | - | - | - | - | 3.15 | 3.39 | 3.39 | 3.59 | 3.36 | 3.23 | 3.38 | 4.31 | 3.11 |
| Earnings Per Share, Diluted | - | - | - | - | - | - | 3.14 | 3.38 | 3.38 | 3.59 | 3.35 | 3.23 | 3.38 | 4.3 | 3.1 |