ALE Allete Inc

  1. Stocks
  2. Utilities
  3. NYSE: ALE

Price (delayed)

$64.56

Market cap

$3.72B

P/E Ratio

15.44

Dividend/share

$2.77

EPS

$4.18

Enterprise value

$5.48B

Highlights
ALE's quick ratio has surged by 109% year-on-year and by 22% since the previous quarter
ALE's gross margin is up by 19% year-on-year and by 10% since the previous quarter
Allete's net income has increased by 32% YoY but it has decreased by 3% QoQ
ALE's EPS is up by 31% year-on-year but it is down by 3% since the previous quarter
ALE's revenue is down by 9% since the previous quarter
Sector: Utilities
Industry: Utilities - Diversified
Website: https://www.allete.com/
Peers: LNT XEL WEC DUK

Key stats

What are the main financial stats of ALE
Market
Shares outstanding
57.67M
Market cap
$3.72B
Enterprise value
$5.48B
Valuations
Price to earnings (P/E)
15.44
Price to book (P/B)
1.32
Price to sales (P/S)
2.16
EV/EBIT
15.57
EV/EBITDA
9.04
EV/Sales
3.19
Earnings
Revenue
$1.72B
EBIT
$351.9M
EBITDA
$606.3M
Free cash flow
$291.2M
Per share
EPS
$4.18
Free cash flow per share
$5.06
Book value per share
$49.03
Revenue per share
$29.83
TBVPS
$111.97
Balance sheet
Total assets
$6.6B
Total liabilities
$3.2B
Debt
$1.79B
Equity
$2.82B
Working capital
$172.4M
Liquidity
Debt to equity
0.63
Current ratio
1.66
Quick ratio
0.67
Net debt/EBITDA
2.9
Margins
EBITDA margin
35.3%
Gross margin
25.3%
Net margin
13.9%
Operating margin
10.5%
Efficiency
Return on assets
3.6%
Return on equity
8.6%
Return on invested capital
4.5%
Return on capital employed
5.5%
Return on sales
20.5%
Dividend
Dividend yield
4.28%
DPS
$2.77
Payout ratio
66.1%

ALE stock price

How has the Allete stock price performed over time
Intraday
0.14%
1 week
1.35%
1 month
3.11%
1 year
10.51%
YTD
5.56%
QTD
3.54%

Financial performance

How have Allete's revenue and profit performed over time
Revenue
$1.72B
Gross profit
$434.4M
Operating income
$179.9M
Net income
$239.6M
Gross margin
25.3%
Net margin
13.9%
The company's operating margin rose by 42% YoY and by 9% QoQ
The operating income is up by 39% year-on-year
The net margin has grown by 35% YoY and by 6% from the previous quarter
Allete's net income has increased by 32% YoY but it has decreased by 3% QoQ

Growth

What is Allete's growth rate over time

Valuation

What is Allete stock price valuation
ALE P/E details
P/E
15.44
P/B
1.32
P/S
2.16
EV/EBIT
15.57
EV/EBITDA
9.04
EV/Sales
3.19
ALE's EPS is up by 31% year-on-year but it is down by 3% since the previous quarter
The stock's price to earnings (P/E) is 16% less than its 5-year quarterly average of 18.4 but 7% more than its last 4 quarters average of 14.4
ALE's P/B is 9% above its last 4 quarters average of 1.2 but 6% below its 5-year quarterly average of 1.4
ALE's equity is up by 4% year-on-year
The P/S is 20% more than the last 4 quarters average of 1.8 but 10% less than the 5-year quarterly average of 2.4
ALE's revenue is down by 9% since the previous quarter

Efficiency

How efficient is Allete business performance
ALE's return on invested capital has surged by 55% year-on-year
ALE's return on sales has surged by 55% year-on-year and by 8% since the previous quarter
The ROA has grown by 33% YoY but it has contracted by 2.7% from the previous quarter
The return on equity has grown by 28% year-on-year but it has declined by 3.4% since the previous quarter

Dividends

What is ALE's dividend history
Dividend details
DPS
$2.77
Dividend yield
4.28%
Payout ratio
66.1%
Recent dividends

Financial health

How did Allete financials performed over time
The total assets is 107% more than the total liabilities
ALE's quick ratio has surged by 109% year-on-year and by 22% since the previous quarter
Allete's current ratio has increased by 35% YoY and by 34% from the previous quarter
The debt is 37% less than the equity
Allete's debt to equity has decreased by 11% YoY
The debt has contracted by 7% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.