ALE NYSE
ALLETE, Inc.
1W: +0.4%
1M: +0.6%
3M: +7.9%
1Y: +8.3%
3Y: +19.0%
5Y: +41.9%
$67.90
Last traded 2025-12-12 — delisted
Overview
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Chart
Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Dividends
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Balance Sheet Trends
Total Assets
$7.4B
+1.5% ▲
5Y CAGR: +3.7%
Total Liabilities
$4.0B
+3.5% ▲
5Y CAGR: +0.9%
Shareholders Equity
$2.8B
+1.4% ▲
5Y CAGR: +5.0%
Cash & Investments
$53M
-54.4% ▼
5Y CAGR: -6.1%
Total Debt
$1.8B
+0.5% ▲
5Y CAGR: +2.0%
Net Debt
$1.8B
+2.7% ▲
Assets vs Liabilities & Equity
Year-over-Year Growth
View Full Balance Sheet
| Line Item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|
| — Assets — | |||||
| Cash | $45M | $45M | $38M | $77M | $53M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Cash & ST Investments | $45M | $45M | $38M | $77M | $53M |
| Net Receivables | $112M | $124M | $138M | $137M | $148M |
| Inventory | $74M | $98M | $456M | $175M | $155M |
| Other Current Assets | $24M | $24M | $86M | $78M | $80M |
| Total Current Assets | $255M | $291M | $718M | $468M | $435M |
| Property, Plant & Equip. | $4.9B | $5.1B | $5.0B | $5.0B | $5.2B |
| Goodwill & Intangibles | $0 | $800K | $156M | $155M | $155M |
| Long-Term Investments | $372M | $372M | $373M | $372M | $377M |
| Other Non-Current Assets | $594M | $654M | $582M | $637M | $596M |
| Total Non-Current Assets | $6.6B | $6.9B | $6.9B | $6.9B | $7.0B |
| Total Assets | $6.8B | $7.2B | $7.6B | $7.4B | $7.4B |
| — Liabilities — | |||||
| Accounts Payable | $110M | $111M | $103M | $102M | $114M |
| Short-Term Debt | $210M | $219M | $276M | $114M | $98M |
| Deferred Revenue | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $81M | $148M | $268M | $110M | $138M |
| Total Current Liabilities | $460M | $543M | $716M | $378M | $404M |
| Long-Term Debt | $1.6B | $1.8B | $1.6B | $1.7B | $1.7B |
| Other Non-Current Liab. | $1.0B | $985M | $966M | $991M | $994M |
| Total Non-Current Liabilities | $3.6B | $3.7B | $3.5B | $3.6B | $3.6B |
| Total Liabilities | $4.0B | $4.2B | $4.3B | $4.0B | $4.0B |
| — Equity — | |||||
| Common Stock | $1.5B | $1.5B | $1.8B | $1.8B | $1.8B |
| Retained Earnings | $865M | $900M | $935M | $1.0B | $1.0B |
| Accumulated OCI | -$31M | -$24M | -$24M | -$20M | -$18M |
| Total Stockholders Equity | $2.3B | $2.4B | $2.7B | $2.8B | $2.8B |
| Total Liabilities & Equity | $6.8B | $7.2B | $7.6B | $7.4B | $7.4B |
| — Key Metrics — | |||||
| Total Debt | $1.8B | $2.0B | $1.9B | $1.8B | $1.8B |
| Net Debt | $1.8B | $1.9B | $1.9B | $1.7B | $1.8B |
| Total Investments | $372M | $372M | $373M | $372M | $377M |