ALLETE (ALE) Earnings

In its last earnings report on February 13, 2025, ALLETE reported earnings per share (EPS) of $0.87, compared to an estimated EPS of $1.12. The company reported revenue of $364.80M, compared to an estimated revenue of $413.54M.

ALLETE's current Price-to-Earnings (P/E) ratio is 20.85. The trailing twelve months (TTM) P/E ratio is 21.06. The P/E ratio is a valuation metric that compares a company's current share price to its earnings per share (EPS). A higher P/E ratio suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E ratio.

For the fiscal year ending December 31, 2024, ALLETE reported total revenue of $1.53B and net income of $179.30M. This represents a net profit margin of 0.1172048634.

ALLETE's earnings yield is 4.80%. The earnings yield is the inverse of the P/E ratio and represents the percentage of each dollar invested in the stock that was earned by the company.

ALLETE's return on equity (ROE) is 6.30%. ROE is a measure of financial performance calculated by dividing net income by shareholders' equity. It measures how effectively management is using a company's assets to create profits.

ALLETE's gross profit margin is 76.38%. This indicates that for every dollar of revenue, the company retains $0.76 as gross profit after accounting for the cost of goods sold.