Allete Operating Income from 2010 to 2025

ALE Stock  USD 65.46  0.26  0.40%   
Allete's Operating Income is decreasing over the years with slightly volatile fluctuation. Overall, Operating Income is expected to go to about 189.1 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Allete Inc generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-09-30
Previous Quarter
45.3 M
Current Value
38.1 M
Quarterly Volatility
34.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Allete financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allete's main balance sheet or income statement drivers, such as Interest Expense of 85.8 M, Total Revenue of 1.1 B or Gross Profit of 1.2 B, as well as many indicators such as Price To Sales Ratio of 2.57, Dividend Yield of 0.0605 or PTB Ratio of 0.95. Allete financial statements analysis is a perfect complement when working with Allete Valuation or Volatility modules.
  
Check out the analysis of Allete Correlation against competitors.

Latest Allete's Operating Income Growth Pattern

Below is the plot of the Operating Income of Allete Inc over the last few years. Operating Income is the amount of profit realized from Allete Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Allete Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Allete's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allete's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Allete Operating Income Regression Statistics

Arithmetic Mean192,034,125
Geometric Mean184,720,725
Coefficient Of Variation34.07
Mean Deviation39,741,172
Median180,900,000
Standard Deviation65,422,446
Sample Variance4280.1T
Range278.7M
R-Value(0.41)
Mean Square Error3810.3T
R-Squared0.17
Significance0.11
Slope(5,650,897)
Total Sum of Squares64201.4T

Allete Operating Income History

2025189.1 M
2024160.1 M
2023180.9 M
2022134.2 M
2021151.3 M
2020150.9 M
2019179.8 M

Other Fundumenentals of Allete Inc

Allete Operating Income component correlations

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About Allete Financial Statements

Allete stakeholders use historical fundamental indicators, such as Allete's Operating Income, to determine how well the company is positioned to perform in the future. Although Allete investors may analyze each financial statement separately, they are all interrelated. For example, changes in Allete's assets and liabilities are reflected in the revenues and expenses on Allete's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Allete Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income160.1 M189.1 M
Non Operating Income Net Other47.3 M33.2 M

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When determining whether Allete Inc is a strong investment it is important to analyze Allete's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allete's future performance. For an informed investment choice regarding Allete Stock, refer to the following important reports:
Check out the analysis of Allete Correlation against competitors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allete. If investors know Allete will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allete listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
2.845
Earnings Share
3.1
Revenue Per Share
26.513
Quarterly Revenue Growth
(0.09)
The market value of Allete Inc is measured differently than its book value, which is the value of Allete that is recorded on the company's balance sheet. Investors also form their own opinion of Allete's value that differs from its market value or its book value, called intrinsic value, which is Allete's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allete's market value can be influenced by many factors that don't directly affect Allete's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allete's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allete is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allete's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.