ALLETE, Inc.

ALLETE, Inc.verified

ALE

Price:

$64.5

Market Cap:

$3.73B

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illino...[Read more]

Industry

Diversified Utilities

IPO Date

1973-05-03

Stock Exchange

NYSE

Ticker

ALE

The Enterprise Value as of December 2024 (TTM) for ALLETE, Inc. (ALE) is 5.43B

According to ALLETE, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 5.43B. This represents a change of 2.40% compared to the average of 5.30B of the last 4 quarters.

ALLETE, Inc. (ALE) Historical Enterprise Value (quarterly & annually)

How has ALE Enterprise Value performed in the past?

The mean historical Enterprise Value of ALLETE, Inc. over the last ten years is 4.96B. The current 5.43B Enterprise Value has changed 10.83% with respect to the historical average. Over the past ten years (40 quarters), ALE's Enterprise Value was at its highest in in the September 2019 quarter at 6.07B. The Enterprise Value was at its lowest in in the June 2015 quarter at 3.58B.

Quarterly (TTM)
Annual

Average

4.96B

Median

5.20B

Minimum

3.60B

Maximum

5.76B

ALLETE, Inc. (ALE) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of ALLETE, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 20.17%

Maximum Annual Enterprise Value = 5.76B

Minimum Annual Increase = -13.40%

Minimum Annual Enterprise Value = 3.60B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20235.22B-5.07%
20225.50B1.43%
20215.43B8.73%
20204.99B-13.40%
20195.76B8.16%
20185.33B2.80%
20175.18B10.37%
20164.70B19.57%
20153.93B9.17%
20143.60B20.17%

ALLETE, Inc. (ALE) Average Enterprise Value

How has ALE Enterprise Value performed in the past?

The current Enterprise Value of ALLETE, Inc. (ALE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

5.38B

5-year avg

5.38B

10-year avg

4.96B

ALLETE, Inc. (ALE) Enterprise Value vs. Peers

How is ALE’s Enterprise Value compared to its peers?

ALLETE, Inc.’s Enterprise Value is less than Avista Corporation (5.47B), less than Black Hills Corporation (8.40B), greater than Montauk Renewables, Inc. (544.68M), less than Companhia Paranaense de Energia - COPEL (35.59B), less than NorthWestern Corporation (6.20B), less than The AES Corporation (36.78B), greater than Otter Tail Corporation (3.88B), less than The AES Corporation (36.78B), less than Brookfield Infrastructure Partners L.P. (65.65B), greater than Unitil Corporation (1.57B), less than Companhia Energética de Minas Gerais (47.17B), less than E.ON SE (24.41B),

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Frequently asked questions❓

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How does the current Enterprise Value for ALLETE, Inc. (ALE) compare to its historical average?