ALLETE, Inc
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, hydroelectric, natural gas-fired, biomass co-fired, and solar. The company provides regulated utility electric and natural gas in northwestern Wisconsin to approximately 15,000 electric customers and 13,000 natural gas customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 660 megawatt of wind energy generation. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 8,875 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. ALLETE, Inc. was founded in 1906 and is headquartered in Duluth, Minnesota. Show More...
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Website http://www.allete.com
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Sector Utilities
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Industry Utilities-Diversified
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Last Quote 65.04 USD
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share USD 2.19 2.65 2.58 2.63 2.9 2.92 3.14 3.38 3.38 3.59 3.5 Dividends USD 1.76 1.78 1.84 1.9 1.96 2.02 2.08 2.14 2.24 2.35 2.38 Payout Ratio % * 80.4 71.0 71.3 73.6 65.0 61.1 79.1 61.4 73.8 60.8 68.0 Shares Mil 34.0 35.0 38.0 39.0 43.0 48.0 50.0 51.0 52.0 52.0 52.0 Book Value Per Share * USD 27.26 28.04 30.48 31.1 33.32 37.1 37.76 39.97 41.09 42.72 43.85 Free Cash Flow Per Share * USD -0.59 -0.21 -4.42 -0.92 -8.08 -0.56 2.54 2.47 2.23 -4.28 Return on Assets % 3.01 3.42 3.17 3.11 3.18 3.04 3.17 3.45 3.4 3.49 3.35 Financial Leverage (Average) 2.67 2.66 2.71 2.58 2.71 2.7 2.59 2.46 2.4 2.46 2.47 Return on Equity % 7.9 9.13 8.52 8.23 8.45 8.23 8.36 8.69 8.24 8.46 8.12 Return on Invested Capital % 5.89 6.77 6.24 6.17 6.15 6.12 6.33 6.68 6.2 6.49 5.91 Interest Coverage 4.04 3.96 3.97 3.65 3.96 3.57 3.5 3.76 3.34 3.76 3.34 Current Ratio 1.51 1.7 0.96 1.33 1.01 1.35 0.74 1.05 0.83 0.53 0.44 Quick Ratio 0.95 1.11 0.6 0.84 0.6 0.79 0.38 0.67 0.53 0.33 0.27 Debt/Equity 0.79 0.79 0.78 0.81 0.79 0.86 0.72 0.7 0.66 0.64 0.63