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ALLETE INC (ALE)

For the quarter ending 2025-06-30, ALE made $360,300K in revenue. $31,900K in net income. Net profit margin of 8.85%.

Overview

Revenue
$360,300K
Net Income
$31,900K
Net Profit Margin
8.85%
EPS
$0.55
Unit: Thousand (K) dollars
Revenue Breakdown
    • Contracts with customers utilit...
    • Contracts with customers non-ut...
    • Other non-utility

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total operating revenue360,300 400,200 407,200 354,500
Taxes other than income taxes15,600 17,600 15,300 16,300
Depreciation and amortization73,200 69,700 70,800 66,000
Cost of sales non-utility24,300 24,900 47,000 31,800
Transmission services utility19,300 19,000 19,600 1,600
Operating and maintenance96,600 93,000 92,700 102,100
Fuel, purchased power and gas utility113,300 123,000 116,500 107,300
Total operating expenses342,300 347,200 361,900 325,100
Operating income18,000 53,000 45,300 29,400
Other5,200 4,600 5,500 5,900
Interest expense23,100 21,400 20,300 20,100
Equity earnings5,900 6,000 5,100 5,900
Total other expense-12,000 -10,800 -9,700 -8,300
Income before income taxes6,000 42,200 35,600 21,100
Income tax expense (benefit)-600 7,500 2,900 1,400
Net income6,600 34,700 32,700 19,700
Net loss attributable to non-controlling interest-25,300 -21,400 -12,300 -13,300
Net income attributable to allete31,900 56,100 45,000 33,000
Basic (in shares)58,000,000 57,900,000 57,800,000 57,700,000
Basic earnings per share of common stock (in usd per share)0.55 0.97 0.78 0.57
Diluted (in shares)58,100,000 58,000,000 57,900,000 57,800,000
Diluted earnings per share of common stock (in usd per share)0.55 0.97 0.78 0.57
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Contracts with customers utility$305,100K (9.04%↑ Y/Y)Other non-utility$1,400K Contracts with customers non-utility$53,800K (-26.80%↓ Y/Y)Total operatingrevenue$360,300K (1.64%↑ Y/Y)Operating income$18,000K (-38.78%↓ Y/Y)Total operatingexpenses$342,300K (5.29%↑ Y/Y)Income before incometaxes$6,000K (-71.56%↓ Y/Y)Income tax expense(benefit)-$600K (-142.86%↓ Y/Y)Total other expense-$12,000K (-44.58%↓ Y/Y)Equity earnings$5,900K (0.00%↑ Y/Y)Other$5,200K (-11.86%↓ Y/Y)Fuel, purchased powerand gas utility$113,300K (5.59%↑ Y/Y)Operating and maintenance$96,600K (-5.39%↓ Y/Y)Transmission services utility$19,300K (1106.25%↑ Y/Y)Cost of sales non-utility$24,300K (-23.58%↓ Y/Y)Depreciation andamortization$73,200K (10.91%↑ Y/Y)Taxes other thanincome taxes$15,600K (-4.29%↓ Y/Y)Net lossattributable to...-$25,300K (-90.23%↓ Y/Y)Net income$6,600K (-66.50%↓ Y/Y)Interest expense$23,100K (14.93%↑ Y/Y)Net incomeattributable to allete$31,900K (-3.33%↓ Y/Y)