ALE Allete Inc

  1. Stocks
  2. Utilities
  3. NYSE: ALE

Price (delayed)

$59.02

Market cap

$3.4B

P/E Ratio

13.69

Dividend/share

$2.74

EPS

$4.31

Enterprise value

$5.12B

Highlights
Allete's net income has increased by 31% YoY
ALE's EPS is up by 28% year-on-year
ALE's quick ratio has surged by 129% year-on-year but it is down by 7% since the previous quarter
ALE's gross margin is down by 4.2% year-on-year but it is up by 4.1% 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
57.58M
Market cap
$3.4B
Enterprise value
$5.12B
Valuations
Price to earnings (P/E)
13.69
Price to book (P/B)
1.21
Price to sales (P/S)
1.8
EV/EBIT
14.38
EV/EBITDA
8.42
EV/Sales
2.72
Earnings
Revenue
$1.88B
EBIT
$355.8M
EBITDA
$607.5M
Free cash flow
$314.1M
Per share
EPS
$4.31
Free cash flow per share
$5.48
Book value per share
$48.88
Revenue per share
$32.81
TBVPS
$113.46
Balance sheet
Total assets
$6.66B
Total liabilities
$3.25B
Debt
$1.79B
Equity
$2.81B
Working capital
$90.5M
Liquidity
Debt to equity
0.64
Current ratio
1.24
Quick ratio
0.55
Net debt/EBITDA
2.83
Margins
EBITDA margin
32.3%
Gross margin
23%
Net margin
13.1%
Operating margin
9.6%
Efficiency
Return on assets
3.7%
Return on equity
8.9%
Return on invested capital
4.5%
Return on capital employed
5.7%
Return on sales
18.9%
Dividend
Dividend yield
4.64%
DPS
$2.74
Payout ratio
63.5%

ALE stock price

How has the Allete stock price performed over time
Intraday
-0.92%
1 week
-1.16%
1 month
2.5%
1 year
-5.26%
YTD
-3.5%
QTD
-1.04%

Financial performance

How have Allete's revenue and profit performed over time
Revenue
$1.88B
Gross profit
$432.7M
Operating income
$180.9M
Net income
$247.1M
Gross margin
23%
Net margin
13.1%
The operating income is up by 35% year-on-year and by 5% since the previous quarter
Allete's net income has increased by 31% YoY
ALE's revenue is up by 20% year-on-year
The gross profit has increased by 15% YoY and by 2.9% QoQ

Growth

What is Allete's growth rate over time

Valuation

What is Allete stock price valuation
ALE P/E details
P/E
13.69
P/B
1.21
P/S
1.8
EV/EBIT
14.38
EV/EBITDA
8.42
EV/Sales
2.72
ALE's EPS is up by 28% year-on-year
The stock's price to earnings (P/E) is 27% less than its 5-year quarterly average of 18.8 and 14% less than its last 4 quarters average of 15.9
ALE's P/B is 14% below its 5-year quarterly average of 1.4
ALE's equity is up by 4.4% year-on-year
The P/S is 25% less than the 5-year quarterly average of 2.4
ALE's revenue is up by 20% year-on-year

Efficiency

How efficient is Allete business performance
ALE's return on invested capital has surged by 50% year-on-year and by 4.7% since the previous quarter
The ROA has grown by 32% YoY
ALE's return on sales is up by 27% year-on-year and by 7% since the previous quarter
The return on equity has grown by 24% year-on-year but it has declined by 2.2% since the previous quarter

Dividends

What is ALE's dividend history
Dividend details
DPS
$2.74
Dividend yield
4.64%
Payout ratio
63.5%
Recent dividends

Financial health

How did Allete financials performed over time
The total assets is 105% more than the total liabilities
ALE's quick ratio has surged by 129% year-on-year but it is down by 7% since the previous quarter
Allete's current ratio has increased by 24% YoY
The debt is 36% less than the equity
Allete's debt to equity has decreased by 10% YoY
The debt has contracted by 7% YoY

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