Financials in USD. Standardized financial statements.
A compact view of how ALLETE, Inc. turns revenue into operating income and net income.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.53B | $1.88B | $1.57B | $1.42B | $1.17B | $1.24B | $1.50B | $1.42B | $1.34B | $1.49B |
| Revenue Growth? | -18.6% | +19.7% | +10.7% | +21.4% | -5.8% | -17.2% | +5.6% | +5.9% | -9.9% | 0.0% |
| Cost of Revenue? | $1.03B | $1.39B | $1.12B | $965.70M | $744.30M | $805.40M | $1.04B | $959.70M | $883.40M | $1.02B |
| Gross Profit? | $497.00M | $489.90M | $446.80M | $453.50M | $424.80M | $435.10M | $462.70M | $459.60M | $456.30M | $468.40M |
| Gross Margin? | +32.5% | +26.1% | +28.4% | +32.0% | +36.3% | +35.1% | +30.9% | +32.4% | +34.1% | +31.5% |
| Operating Expenses? | $336.90M | $309.00M | $312.60M | $302.20M | $273.90M | $255.30M | $261.50M | $233.70M | $239.30M | $257.70M |
| Operating Income? | $160.10M | $180.90M | $134.20M | $151.30M | $150.90M | $179.80M | $199.20M | $229.10M | $213.20M | $251.80M |
| EBITDA? | $486.30M | $539.40M | $417.50M | $411.70M | $405.50M | $445.80M | $432.10M | $431.40M | $441.70M | $401.70M |
| Income Before Tax | $126.40M | $206.80M | $100.10M | $110.90M | $122.10M | $178.90M | $158.60M | $186.90M | $175.60M | $166.80M |
| Income Tax Expense | $4.70M | $27.90M | -$31.20M | -$26.90M | -$39.50M | -$6.60M | -$15.50M | $14.70M | $19.80M | $25.30M |
| Net Income? | $179.30M | $247.10M | $189.30M | $169.20M | $174.20M | $185.60M | $174.10M | $172.20M | $155.30M | $141.10M |
| EPS? | $3.11 | $4.31 | $3.39 | $3.23 | $3.36 | $3.60 | $3.39 | $3.39 | $3.15 | $2.92 |
| Diluted EPS? | $3.10 | $4.30 | $3.38 | $3.22 | $3.36 | $3.59 | $3.38 | $3.38 | $3.14 | $2.92 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality