ALLETE, Inc.

NYSE ALE

ALLETE, Inc. EBITDA Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 29.80%

ALLETE, Inc. EBITDA Margin is 29.80% for the Trailing 12 Months (TTM) ending September 30, 2024, a 8.33% change year over year. EBITDA Ratio is the proportion of Earnings Before Interest, Taxes, Depreciation, and Amortization to total revenue, assessing a company's operational profitability before non-operating expenses and non-cash charges.

ALLETE, Inc. EBITDA Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 27.51%, a -1.29% change year over year.
ALLETE, Inc. EBITDA Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 27.87%, a -6.36% change year over year.
ALLETE, Inc. EBITDA Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 29.76%, a -18.31% change year over year.
ALLETE, Inc. EBITDA Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 36.43%, a 10.87% change year over year.

Key data

Date	EBITDA Margin	EBIT Margin	Depreciation and Amortization	EBIT

NYSE: ALE

ALLETE, Inc.

CEO	Ms. Bethany M. Owen
IPO Date	May 3, 1973
Location	United States
Headquarters	30 West Superior Street
Employees	1,564
Sector	Utilities
Industries Utility Renewables

Description

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, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water 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 1,000 megawatts of wind energy generation facility. 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 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

Key trends

Past 5 years