ALE - ALLETE, Inc.
NYSE
->
Utilities
->
Utilities—Diversified
Duluth,
United States
Type: Equity
ALE price evolution
ALE
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $37.5 | $32 | $71.9 | |
| Short term investments | ||||
| Net receivables | $136.8 | $133 | $142.2 | $137.2 |
| Inventory | $166.6 | $184.3 | $182.7 | $175.4 |
| Total current assets | $483.4 | $432.2 | $433.2 | $468.1 |
| Long term investments | $336 | $333.1 | $331.2 | |
| Property, plant & equipment | $5136 | $5079.5 | $5009.1 | $5013.4 |
| Goodwill & intangible assets | $155.4 | $155.4 | $155.4 | |
| Total noncurrent assets | $6229.1 | $6171.4 | $6188.3 | |
| Total investments | $336 | $333.1 | $331.2 | |
| Total assets | $6737.2 | $6661.3 | $6604.6 | $6656.4 |
| Current liabilities | ||||
| Accounts payable | $110.8 | $94.1 | $84.2 | $102.2 |
| Deferred revenue | ||||
| Short long term debt | $42.1 | $17.2 | $111.4 | |
| Total current liabilities | $334.4 | $297.6 | $260.8 | $377.6 |
| Long term debt | $1745.1 | $1746 | $1772.4 | $1679.9 |
| Total noncurrent liabilities | $2968.1 | $2934.8 | $2871.7 | |
| Total debt | $1788.1 | $1789.6 | $1791.3 | |
| Total liabilities | $3906 | $3265.7 | $3195.6 | $3249.3 |
| Shareholders' equity | ||||
| Retained earnings | $1033.1 | $1028.8 | $1036.5 | $1026.4 |
| Other shareholder equity | -$21 | -$20.9 | -$20.9 | -$20.5 |
| Total shareholder equity | $2821.7 | $2823 | $2809.6 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $71.9 | $36.4 | $45.1 | $44.3 |
| Short term investments | ||||
| Net receivables | $137.2 | $137.9 | $123.7 | $111.9 |
| Inventory | $175.4 | $455.9 | $97.7 | $74.2 |
| Total current assets | $468.1 | $718 | $291.3 | $254.9 |
| Long term investments | $331.2 | $322.7 | $318 | $301.2 |
| Property, plant & equipment | $5013.4 | $5035.8 | $5100.2 | $4840.8 |
| Goodwill & intangible assets | $155.4 | $155.6 | ||
| Total noncurrent assets | $6188.3 | $6127.6 | $6143.7 | $5829.7 |
| Total investments | $331.2 | $322.7 | $318 | $301.2 |
| Total assets | $6656.4 | $6845.6 | $6435 | $6084.6 |
| Current liabilities | ||||
| Accounts payable | $102.2 | $103 | $111 | $110 |
| Deferred revenue | ||||
| Short long term debt | $111.4 | $272.6 | $214.2 | $203.7 |
| Total current liabilities | $377.6 | $716.2 | $543.4 | $459.6 |
| Long term debt | $1679.9 | $1648.2 | $1763.2 | $1593.2 |
| Total noncurrent liabilities | $2871.7 | $2781.1 | $2945.3 | $2824.8 |
| Total debt | $1791.3 | $1920.8 | $1977.4 | $1796.9 |
| Total liabilities | $3249.3 | $4153.7 | $3488.7 | $3284.4 |
| Shareholders' equity | ||||
| Retained earnings | $1026.4 | $934.8 | $900.2 | $864.8 |
| Other shareholder equity | -$20.5 | -$24.4 | -$23.8 | -$31.1 |
| Total shareholder equity | $2809.6 | $2691.9 | $2413.1 | $2294.6 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $407.2 | $354.5 | $403.3 | $402.7 |
| Cost of revenue | $259.1 | $291 | $296 | |
| Gross Profit | $360.2 | $95.4 | $112.3 | $106.7 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | ||||
| Total operating expenses | $314.9 | $66 | $65 | $63.6 |
| Operating income | $29.4 | $47.3 | $43.1 | |
| Income from continuing operations | ||||
| EBIT | $54.5 | $75.1 | $78.9 | |
| Income tax expense | $2.9 | $1.4 | $4 | $7.5 |
| Interest expense | -$14 | $20.1 | $20.4 | $19.9 |
| Net income | ||||
| Net income | $45 | $33 | $50.7 | $51.5 |
| Income (for common shares) | $33 | $50.7 | $51.5 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1879.8 | $1570.7 | $1419.2 | $1169.1 |
| Cost of revenue | $1447.1 | $1194.3 | $1036.2 | $800.4 |
| Gross Profit | $432.7 | $376.4 | $383 | $368.7 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | ||||
| Total operating expenses | $251.8 | $242.2 | $231.7 | $217.8 |
| Operating income | $180.9 | $134.2 | $151.3 | $150.9 |
| Income from continuing operations | ||||
| EBIT | $355.8 | $233.3 | $211.4 | $200.3 |
| Income tax expense | $27.9 | -$31.2 | -$26.9 | -$39.5 |
| Interest expense | $80.8 | $75.2 | $69.1 | $65.6 |
| Net income | ||||
| Net income | $247.1 | $189.3 | $169.2 | $174.2 |
| Income (for common shares) | $247.1 | $189.3 | $169.2 | $174.2 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $33 | $50.7 | $51.5 | |
| Operating activities | ||||
| Depreciation | $65.9 | $65 | $63.5 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $2 | $1.7 | $3 | |
| Total cash flows from operations | $116.4 | $60.1 | $65.3 | |
| Investing activities | ||||
| Capital expenditures | -$73.4 | -$60.6 | -$87.1 | |
| Investments | -$2.4 | -$1.7 | -$1.5 | |
| Total cash flows from investing | -$219.9 | -$76 | -$60.8 | -$83 |
| Financing activities | ||||
| Dividends paid | -$122 | -$40.7 | -$40.6 | -$39 |
| Sale and purchase of stock | $4.4 | $2 | $3.5 | |
| Net borrowings | -$1 | -$2 | -$6.1 | |
| Total cash flows from financing | -$115.8 | -$37 | -$38.4 | -$34.1 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $31.6 | $3.4 | -$39.1 | -$51.8 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $247.1 | $189.3 | $169.2 | $174.2 |
| Operating activities | ||||
| Depreciation | $251.7 | $242 | $231.6 | $217.7 |
| Business acquisitions & disposals | -$155 | |||
| Stock-based compensation | $7.3 | $4.9 | $5.9 | $6.1 |
| Total cash flows from operations | $585.3 | $221.3 | $263.5 | $299.8 |
| Investing activities | ||||
| Capital expenditures | -$271.2 | -$220.5 | -$473.3 | -$717.8 |
| Investments | -$8.4 | -$6.1 | -$14.8 | -$95 |
| Total cash flows from investing | -$283.6 | -$384 | -$485.2 | -$812.8 |
| Financing activities | ||||
| Dividends paid | -$155.5 | -$145.9 | -$131.9 | -$128.2 |
| Sale and purchase of stock | $14.9 | $248 | $69.9 | $18.1 |
| Net borrowings | -$129.7 | -$91.6 | $180.1 | $183.8 |
| Total cash flows from financing | -$262.5 | $155.2 | $204.2 | $485.7 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $39.2 | -$7.5 | -$17.5 | -$27.3 |
News
Fundamentals
| Market cap | $3.89B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 57.80M |
| Revenue | $1.57B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $180.20M |
| Revenue Q/Q | 7.50% |
| Revenue Y/Y | -17.62% |
| P/E ratio | 21.61 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 2.48 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $3.12 |
|---|---|
| ROA | 2.70% |
| ROE | N/A |
| Debt/Equity | 1.16 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.45 |
| Quick ratio | 0.95 |