Profit Metrics Summary (Annual)
According to ALLETE's latest annual financial reports:
- The company has reported a gross profit of 1.17B, indicating the amount earned after deducting the cost of goods sold (COGS) from revenue. The gross profit margin is 76.38%, with a year-over-year growth of 138.50%.
- ALLETE's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 486.30M. The EBITDA margin stands at 31.79%, showing a growth of -9.84% compared to the previous year.
- The operating income, representing the profit from business operations before taxes and interest, stands at 160.10M. The operating margin is 10.47%, with a year-over-year growth of -11.50%.
- The net income, which shows the company's total earnings or profit after all expenses, is 179.30M. The net profit margin is 11.72%, demonstrating a growth of -27.44% from the previous year.
These metrics provide a comprehensive overview of ALLETE's profitability and operational efficiency over the past year.
Gross Profit
$1.17B
Gross Profit Margin (2023)
76.38%
EBITDA
$486.30M
EBITDA Margin
31.79%
Operating Income (2023)
$160.10M
Operating Margin
10.47%
Net Income
$179.30M
Net Profit Margin
11.72%
Historical Gross Profit
Historical Gross Profit Margin
Historical Gross Profit Growth
Historical EBITDA
Historical EBITDA Margin
Historical EBITDA Growth
Historical Operating Income
Historical Operating Profit Margin
Historical Operating Income Growth
Historical Net Income
Historical Net Profit Margin
Historical Net Income Growth
ALLETE Historical Profit Metrics
ALLETE Historical Profits
The table below shows various profit metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Gross Profit | Gross Profit Growth | Operating Income | Operating Income Growth | Net Income | Net Income Growth | EBITDA | EBITDA Growth |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1.17B | 138.50% | $160.10M | -11.50% | $179.30M | -27.44% | $486.30M | -9.84% |
| 2023 | $489.90M | 9.65% | $180.90M | 34.80% | $247.10M | 88.19% | $539.40M | 29.20% |
| 2022 | $446.80M | -1.48% | $134.20M | -11.30% | $131.30M | -22.40% | $417.50M | 1.41% |
| 2021 | $453.50M | 6.76% | $151.30M | 0.27% | $169.20M | -2.87% | $411.70M | 1.53% |
| 2020 | $424.80M | -2.37% | $150.90M | -16.07% | $174.20M | -6.14% | $405.50M | -9.04% |
| 2019 | $435.10M | -5.96% | $179.80M | -10.64% | $185.60M | 6.61% | $445.80M | 3.17% |
| 2018 | $462.70M | -0.17% | $201.20M | -12.45% | $174.10M | 1.10% | $432.10M | 0.16% |
| 2017 | $463.50M | 0.15% | $229.80M | 2.82% | $172.20M | 10.88% | $431.40M | -2.33% |
| 2016 | $462.80M | -1.20% | $223.50M | 6.07% | $155.30M | 10.06% | $441.70M | 9.96% |
| 2015 | $468.40M | 44.35% | $210.70M | 11.60% | $141.10M | 13.06% | $401.70M | 13.89% |
| 2014 | $324.50M | 19.87% | $188.80M | 22.52% | $124.80M | 19.20% | $352.70M | 30.29% |
| 2013 | $270.70M | 5.99% | $154.10M | -0.71% | $104.70M | 7.83% | $270.70M | -3.60% |
| 2012 | $255.40M | -58.91% | $155.20M | 3.47% | $97.10M | 3.52% | $280.80M | 6.69% |
| 2011 | $621.60M | 6.82% | $150.00M | 10.46% | $93.80M | 24.57% | $263.20M | 10.22% |
| 2010 | $581.90M | 21.33% | $135.80M | 28.11% | $75.30M | 23.44% | $238.80M | 25.68% |
| 2009 | $479.60M | -3.19% | $106.00M | -12.97% | $61.00M | -26.06% | $190.00M | 29.78% |
| 2008 | $495.40M | 0.26% | $121.80M | -8.90% | $82.50M | -5.82% | $146.40M | -5.00% |
| 2007 | $494.10M | 1.79% | $133.70M | -4.98% | $87.60M | 28.26% | $154.10M | -18.64% |
| 2006 | $485.40M | 4.54% | $140.70M | 211.97% | $68.30M | 413.53% | $189.40M | 103.88% |
| 2005 | $464.30M | 0.17% | $45.10M | -54.81% | $13.30M | -87.26% | $92.90M | -42.51% |
Related Metrics
Explore detailed financial metrics and analysis for ALE.