Enterprise Value Summary (Quarterly)
According to ALLETE's latest quarterly financial reports:
- The enterprise value (EV) is 5.51B, which includes the market capitalization, debt, and subtracts cash and cash equivalents. EV provides a more comprehensive measure of a company's total value.
- The market capitalization is 3.74B, which is calculated by multiplying the current share price by the total number of outstanding shares.
- The stock price is $64.8, with 57.70M shares outstanding.
- The company has 32.80M in cash and cash equivalents and 1.80B in total debt.
Enterprise Value (EV) Formula:
EV = Market Cap + Total Debt - Cash and Cash Equivalents
Enterprise value is often used instead of market cap because it provides a more accurate valuation of a company by including debt and subtracting cash, giving a fuller picture of the company's total value.
Enterprise Value
$5.51B
Market Cap
$3.74B
Total Debt
$1.80B
Cash and Equivalents
$32.80M
Historical Enterprise Value
ALLETE Historical Enterprise Values
The table below shows various enterprise value metrics for each quarter, with the latest data available for 2024-12-31.
| Date | Enterprise Value | EV Change (%) | Stock Price | Number of Shares | Market Cap | Cash & Equivalents | Total Debt |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | $5.51B | 1.83% | $64.8 | 57.70M | $3.74B | $32.80M | $1.80B |
| September 30, 2024 | $5.41B | 1.14% | $64.19 | 57.80M | $3.71B | $101.90M | $1.80B |
| June 30, 2024 | $5.35B | 2.81% | $62.14 | 57.70M | $3.59B | $41.30M | $1.80B |
| March 31, 2024 | $5.20B | -0.80% | $59.63 | 57.60M | $3.43B | $37.90M | $1.80B |
| December 31, 2023 | $5.24B | 11.15% | $61.16 | 57.50M | $3.52B | $77.00M | $1.80B |
| September 30, 2023 | $4.72B | -7.12% | $52.8 | 57.40M | $3.03B | $125.50M | $1.81B |
| June 30, 2023 | $5.08B | -9.37% | $57.97 | 57.30M | $3.32B | $47.90M | $1.80B |
| March 31, 2023 | $5.60B | 0.27% | $64.37 | 57.30M | $3.69B | $29.90M | $1.94B |
| December 31, 2022 | $5.59B | 16.61% | $64.51 | 57.20M | $3.69B | $36.40M | $1.93B |
| September 30, 2022 | $4.79B | -8.29% | $50.05 | 57.10M | $2.86B | $42.10M | $1.98B |
| June 30, 2022 | $5.22B | -4.54% | $58.78 | 56.10M | $3.30B | $74.60M | $2.00B |
| March 31, 2022 | $5.47B | 0.87% | $66.98 | 53.30M | $3.57B | $60.10M | $1.96B |
| December 31, 2021 | $5.43B | 6.29% | $66.35 | 52.40M | $3.48B | $45.10M | $1.99B |
| September 30, 2021 | $5.10B | -9.44% | $59.52 | 52.40M | $3.12B | $59.00M | $2.04B |
| June 30, 2021 | $5.64B | 6.10% | $69.98 | 52.20M | $3.65B | $62.50M | $2.05B |
| March 31, 2021 | $5.31B | 6.21% | $67.19 | 52.10M | $3.50B | $159.00M | $1.97B |
| December 31, 2020 | $5.00B | 7.74% | $61.94 | 52.10M | $3.23B | $44.30M | $1.82B |
| September 30, 2020 | $4.64B | -1.62% | $51.74 | 51.90M | $2.69B | $79.00M | $2.04B |
| June 30, 2020 | $4.72B | -2.09% | $54.61 | 51.80M | $2.83B | $25.70M | $1.92B |
| March 31, 2020 | $4.82B | -16.46% | $60.68 | 51.70M | $3.14B | $67.00M | $1.75B |
| December 31, 2019 | $5.77B | -4.90% | $81.17 | 51.70M | $4.20B | $69.30M | $1.64B |
| September 30, 2019 | $6.07B | 7.49% | $87.41 | 51.70M | $4.52B | $100.30M | $1.65B |
| June 30, 2019 | $5.64B | 3.71% | $82.99 | 51.60M | $4.28B | $203.10M | $1.56B |
| March 31, 2019 | $5.44B | 1.72% | $81.82 | 51.60M | $4.22B | $353.30M | $1.57B |
| December 31, 2018 | $5.35B | 2.88% | $76.22 | 51.60M | $3.93B | $69.10M | $1.49B |
| September 30, 2018 | $5.20B | -3.13% | $74.12 | 51.40M | $3.81B | $128.00M | $1.52B |
| June 30, 2018 | $5.37B | 5.19% | $77.41 | 51.30M | $3.97B | $121.90M | $1.52B |
| March 31, 2018 | $5.10B | -2.08% | $72.25 | 51.20M | $3.70B | $98.50M | $1.50B |
| December 31, 2017 | $5.21B | -2.52% | $74.36 | 51.20M | $3.81B | $98.90M | $1.50B |
| September 30, 2017 | $5.35B | 5.17% | $77.29 | 51.00M | $3.94B | $104.40M | $1.51B |
| June 30, 2017 | $5.08B | 4.78% | $71.68 | 50.90M | $3.65B | $84.20M | $1.52B |
| March 31, 2017 | $4.85B | 2.07% | $67.71 | 50.20M | $3.40B | $81.80M | $1.53B |
| December 31, 2016 | $4.75B | 8.43% | $64.19 | 50.20M | $3.22B | $27.50M | $1.56B |
| September 30, 2016 | $4.38B | -5.91% | $59.62 | 49.40M | $2.95B | $107.20M | $1.55B |
| June 30, 2016 | $4.66B | 10.17% | $64.63 | 49.30M | $3.19B | $91.90M | $1.56B |
| March 31, 2016 | $4.23B | 6.72% | $56.07 | 49.20M | $2.76B | $97.00M | $1.57B |
| December 31, 2015 | $3.96B | 0.08% | $50.83 | 49.00M | $2.49B | $97.00M | $1.57B |
| September 30, 2015 | $3.96B | 10.45% | $50.49 | 48.80M | $2.46B | $103.00M | $1.60B |
| June 30, 2015 | $3.58B | -5.14% | $46.39 | 48.60M | $2.25B | $60.60M | $1.39B |
| March 31, 2015 | $3.78B | -1.01% | $52.76 | 46.90M | $2.47B | $72.10M | $1.38B |
| December 31, 2014 | $3.82B | 21.92% | $55.14 | 46.90M | $2.59B | $145.80M | $1.38B |
| September 30, 2014 | $3.13B | -8.07% | $44.39 | 42.90M | $1.90B | $150.50M | $1.38B |
| June 30, 2014 | $3.41B | 2.00% | $51.35 | 42.10M | $2.16B | $83.60M | $1.33B |
| March 31, 2014 | $3.34B | 8.49% | $52.42 | 41.40M | $2.17B | $44.60M | $1.21B |
| December 31, 2013 | $3.08B | 7.58% | $49.88 | 41.40M | $2.07B | $97.30M | $1.11B |
| September 30, 2013 | $2.86B | -1.40% | $48.3 | 39.80M | $1.92B | $164.50M | $1.10B |
| June 30, 2013 | $2.90B | 2.04% | $49.34 | 39.40M | $1.94B | $145.00M | $1.10B |
| March 31, 2013 | $2.84B | 12.33% | $48.96 | 38.90M | $1.90B | $77.30M | $1.02B |
| December 31, 2012 | $2.53B | 2.21% | $40.98 | 38.90M | $1.59B | $80.80M | $1.02B |
| September 30, 2012 | $2.48B | 2.07% | $41.53 | 37.70M | $1.57B | $104.30M | $1.02B |
| June 30, 2012 | $2.43B | 6.78% | $41.8 | 37.30M | $1.56B | $8.60M | $875.80M |
| March 31, 2012 | $2.27B | -1.56% | $41.49 | 36.80M | $1.53B | $118.20M | $863.60M |
| December 31, 2011 | $2.31B | 13.61% | $41.98 | 36.80M | $1.54B | $101.10M | $864.40M |
| September 30, 2011 | $2.03B | -4.51% | $36.63 | 35.60M | $1.30B | $135.10M | $862.80M |
| June 30, 2011 | $2.13B | 2.29% | $41.04 | 35.00M | $1.44B | $79.40M | $770.70M |
| March 31, 2011 | $2.08B | 2.46% | $38.97 | 34.60M | $1.35B | $52.70M | $784.50M |
| December 31, 2010 | $2.03B | 4.24% | $37.26 | 34.60M | $1.29B | $44.90M | $786.00M |
| September 30, 2010 | $1.95B | 6.15% | $36.43 | 34.40M | $1.25B | $92.30M | $786.80M |
| June 30, 2010 | $1.83B | 1.23% | $34.24 | 34.10M | $1.17B | $45.30M | $712.60M |
| March 31, 2010 | $1.81B | 2.48% | $33.48 | 33.80M | $1.13B | $32.50M | $713.40M |
| December 31, 2009 | $1.77B | 5.58% | $32.68 | 33.40M | $1.09B | $25.70M | $702.90M |
| September 30, 2009 | $1.68B | 12.58% | $33.57 | 32.80M | $1.10B | $54.30M | $628.40M |
| June 30, 2009 | $1.49B | 8.31% | $28.75 | 31.80M | $914.25M | $72.40M | $646.20M |
| March 31, 2009 | $1.37B | -8.40% | $26.69 | 30.90M | $824.72M | $98.00M | $647.10M |
| December 31, 2008 | $1.50B | -15.61% | $32.27 | 30.90M | $997.14M | $102.00M | $604.70M |
| September 30, 2008 | $1.78B | 6.82% | $44.5 | 29.10M | $1.29B | $78.10M | $560.40M |
| June 30, 2008 | $1.66B | 9.80% | $42 | 28.80M | $1.21B | $99.10M | $553.30M |
| March 31, 2008 | $1.52B | -1.05% | $38.62 | 28.70M | $1.11B | $76.20M | $483.10M |
| December 31, 2007 | $1.53B | -8.88% | $39.58 | 28.60M | $1.13B | $23.30M | $422.70M |
| September 30, 2007 | $1.68B | -2.77% | $45.74 | 28.50M | $1.30B | $61.40M | $438.40M |
| June 30, 2007 | $1.73B | 4.42% | $47.05 | 28.20M | $1.33B | $37.10M | $438.70M |
| March 31, 2007 | $1.66B | 0.17% | $46.62 | 28.10M | $1.31B | $46.40M | $391.60M |
| December 31, 2006 | $1.65B | 7.07% | $46.54 | 28.10M | $1.31B | $44.80M | $389.50M |
| September 30, 2006 | $1.54B | -5.73% | $43.45 | 27.80M | $1.21B | $51.40M | $386.90M |
| June 30, 2006 | $1.64B | 2.31% | $47.35 | 27.70M | $1.31B | $62.80M | $388.50M |
| March 31, 2006 | $1.60B | 5.61% | $46.6 | 27.60M | $1.29B | $75.00M | $389.10M |
| December 31, 2005 | $1.52B | -2.52% | $44 | 27.60M | $1.21B | $89.60M | $390.50M |
| September 30, 2005 | $1.55B | -6.88% | $45.81 | 27.40M | $1.26B | $91.40M | $390.60M |
| June 30, 2005 | $1.67B | 26.78% | $49.9 | 27.20M | $1.36B | $79.10M | $391.00M |
| March 31, 2005 | $1.32B | - | $41.85 | 27.20M | $1.14B | $213.20M | $391.50M |
Related Metrics
Explore detailed financial metrics and analysis for ALE.