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ALLETE INC

Delisted

CIK 66756fmd_1Z18BX3S9JSG1W10CKFRZ0CNG7Transportation, Communications, Electric, Gas and Sanitary Services · Electric & Other Services CombinedTemplate: Utilities

Coverage: Jan 01, 2008 to Sep 30, 2025, 67 periods

Latest annual · FY2024

Millions
Total revenues
1,530
Gross profit
1,401
Operating income
160
Net income
179
Free cash flow
102

Latest quarter · Q3 FY2025

Millions
Total revenues
375
Gross profit
349
Operating income
30
Net income
27
Free cash flow
(174)
Open Financials

Key stats

Open Analysis

Compound annual growth

Revenue, 3 yearsFY2021 to FY2024
+2.5%
Revenue, 5 yearsFY2019 to FY2024
+4.3%
Net income, 5 yearsFY2019 to FY2024
-0.7%

ALLETE INC financials: quick answers

Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.

MetricFY2024FY2023ChangeSource
Revenue$1.5 billion$1.9 billion-18.6%10-K 2025-02-13 · proof
Gross profit$1.4 billion$1.4 billion-0.4%10-K 2025-02-13 · proof
Operating income$160.1 million$180.9 million-11.5%10-K 2025-02-13 · proof
Net income$179.3 million$247.1 million-27.4%10-K 2025-02-13 · proof
Cash from operating activities$457.1 million$585.3 million-21.9%10-K 2025-02-13 · proof
Free cash flow$102.2 million$314.1 million-67.5%10-K 2025-02-13 · proof
Total assets$6.8 billion$6.7 billion+1.5%10-K 2025-02-13 · proof
Total liabilities$3.4 billion$3.2 billion+3.5%10-K 2025-02-13 · proof
Cash and cash equivalents$32.8 million$71.9 million-54.4%10-K 2025-02-13 · proof
Total debt$1.8 billion$1.8 billion+0.5%10-K 2025-02-13 · proof
What was ALLETE INC's revenue in fiscal 2024?
ALLETE INC reported revenue of $1.5 billion for fiscal 2024 (the year ended Dec 31, 2024), against $1.9 billion the year before (-18.6%). Source: the 10-K filed with the SEC on Feb 13, 2025. SEC
What was ALLETE INC's gross profit in fiscal 2024?
ALLETE INC reported gross profit of $1.4 billion for fiscal 2024 (the year ended Dec 31, 2024), against $1.4 billion the year before (-0.4%). Source: the 10-K filed with the SEC on Feb 13, 2025. SEC
What was ALLETE INC's operating income in fiscal 2024?
ALLETE INC reported operating income of $160.1 million for fiscal 2024 (the year ended Dec 31, 2024), against $180.9 million the year before (-11.5%). Source: the 10-K filed with the SEC on Feb 13, 2025. SEC
What was ALLETE INC's net income in fiscal 2024?
ALLETE INC reported net income of $179.3 million for fiscal 2024 (the year ended Dec 31, 2024), against $247.1 million the year before (-27.4%). Source: the 10-K filed with the SEC on Feb 13, 2025. SEC
What was ALLETE INC's cash from operating activities in fiscal 2024?
ALLETE INC reported cash from operating activities of $457.1 million for fiscal 2024 (the year ended Dec 31, 2024), against $585.3 million the year before (-21.9%). Source: the 10-K filed with the SEC on Feb 13, 2025. SEC
What was ALLETE INC's free cash flow in fiscal 2024?
ALLETE INC reported free cash flow of $102.2 million for fiscal 2024 (the year ended Dec 31, 2024), against $314.1 million the year before (-67.5%). Source: the 10-K filed with the SEC on Feb 13, 2025. SEC
What are ALLETE INC's total assets?
As of Dec 31, 2024, ALLETE INC reported total assets of $6.8 billion, against $6.7 billion a year earlier (+1.5%). Source: the 10-K filed with the SEC on Feb 13, 2025. SEC
What are ALLETE INC's total liabilities?
As of Dec 31, 2024, ALLETE INC reported total liabilities of $3.4 billion, against $3.2 billion a year earlier (+3.5%). Source: the 10-K filed with the SEC on Feb 13, 2025. SEC
What are ALLETE INC's cash and cash equivalents?
As of Dec 31, 2024, ALLETE INC reported cash and cash equivalents of $32.8 million, against $71.9 million a year earlier (-54.4%). Source: the 10-K filed with the SEC on Feb 13, 2025. SEC
What is ALLETE INC's total debt?
As of Dec 31, 2024, ALLETE INC reported total debt of $1.8 billion, against $1.8 billion a year earlier (+0.5%). Source: the 10-K filed with the SEC on Feb 13, 2025. SEC

Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.

The same numbers for an agent, with proof on every value:

curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=cik:66756&period_type=annual&limit=5"

Information only, not investment advice.