Financial insights of ALE

MyFinsight

For the quarter ending 2025-09-30, ALE made $375,000K in revenue. $27,100K in net income. Net profit margin of 7.23%.

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total operating revenue	375,000	360,300	400,200	407,200
Fuel, purchased power and gas utility	120,400	113,300	123,000	116,500
Transmission services utility	19,200	19,300	19,000	19,600
Cost of sales non-utility	26,000	24,300	24,900	47,000
Operating and maintenance	90,700	96,600	93,000	92,700
Depreciation and amortization	72,500	73,200	69,700	70,800
Taxes other than income taxes	16,600	15,600	17,600	15,300
Total operating expenses	345,400	342,300	347,200	361,900
Operating income	29,600	18,000	53,000	45,300
Interest expense	25,600	23,100	21,400	20,300
Equity earnings	5,600	5,900	6,000	5,100
Other	5,300	5,200	4,600	5,500
Total other expense	-14,700	-12,000	-10,800	-9,700
Income before income taxes	14,900	6,000	42,200	35,600
Income tax expense (benefit)	1,600	-600	7,500	2,900
Net income	13,300	6,600	34,700	32,700
Net loss attributable to non-controlling interest	-13,800	-25,300	-21,400	-12,300
Net income attributable to allete	27,100	31,900	56,100	45,000

Basic EPS	0.47	0.55	0.97	0.78
Diluted EPS	0.46	0.55	0.97	0.78
Basic Average Shares	58,100,000	58,000,000	57,900,000	57,800,000
Diluted Average Shares	58,200,000	58,100,000	58,000,000	57,900,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.