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ALLETE, Inc. logo

ALLETE, Inc.

ALE
NYSE: ALE Delayed
67.99USD 0.1%
As of 6 June 2026, ALLETE, Inc. has a market cap of $3.95B USD, ranking #4493 globally and #1266 in the United States. It ranks #228 in the Utilities sector, and #3 in the Utilities - Diversified industry.
Global Rank
4493
Country Rank
1266
Sector Rank
228
Industry Rank
3
Key Stats
Market Cap
$3.95BUSD
Enterprise Value
$6.1BUSD
Revenue (TTM)
$1.5BUSD
EBITDA (TTM)
$432.3MUSD
Net Income (TTM)
$165.7MUSD
EBITDA Margin
29%
Profit Margin
11%
PE Ratio
23.9
Forward PE
17.8
PS Ratio
2.6
PB Ratio
1.4
EV/EBITDA
14.1
Company Profile
Country (HQ)
Sector
Utilities
Industry
Utilities - Diversified
CEO
Bethany Owen open_in_new
Employees
1,616
Founded
1906
Website
allete.com open_in_new
warningChart data may be delayed
1d 1w 1m 3m 6m 1y
0.1% 0.6% 0.7% 7.1% 4.4% 4.9%

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Markets

Exchange Ticker Price
NYSE
MIC: XNYS
PRIMARY
ALE
ALLETE Inc
ISIN: US0185223007
Shares Out.:
58.098M1 Shares Float: 57.812M2
TV:
SA:
YF:
ALE
GF:
NQ:
ALE
BA:
ALE
MS:
67.99 USD
Frankfurt Stock Exchange
MIC: XFRA
AEBA
ALLETE Inc
ISIN: US0185223007
Shares Out.:
58.035M1 Shares Float: 57.726M2
TV:
SA:
YF:
GF:
BA:
MS:
57.50 EUR
1Market cap is calculated using shares outstanding.
2Float shares are publicly tradable shares, excluding insider-held stock.

About ALLETE, Inc.

ALLETE, Inc. operates as an energy company. The company operates in two segments, Regulated Operations and ALLETE Clean Energy. It generates electricity from coal-fired, biomass co-fired/natural gas, hydro, wind, and solar. The company also provides regulated utility electric services in northeastern Minnesota to approximately 150,000 retail customers and 14 non-affiliated municipal customers in Minnesota; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. In addition, it owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. Further, the company focuses on acquiring, developing, and operating clean and renewable energy projects; and owns, develops, and operates approximately 1,600 megawatts of wind energy generation facility, as well as involved in the coal mining operations in North Dakota and real estate investment activities in Florida. It owns and operates 154 substations with a total capacity of 10,647 megavolt-amperes. The company serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

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