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Allete, Inc. Company Snapshot
Allete, Inc. operates in the Electric and other services combined sector. In addition to historical fundamental analyses, the complete report available to purchase compares Allete with three other companies in this sector in the United States: Avista Corporation (2018 sales of $1.40 billion of which 95% was Avista Utilities), Wisconsin Public Service Corporation ($1.50 billion ), and Northwestern Corporation ($1.19 billion of which 77% was Electric Utility).

Sales Analysis. Allete reported sales of $1.50 billion for the year ending December of 2018. This represents an increase of 5.6% versus 2017, when the company's sales were $1.42 billion. Sales of Allete Clean Energy saw an increase that was more than double the company's growth rate: sales were up 98.6% in 2018, from $80.50 million to $159.90 million. Allete also saw significant increases in sales in U.S. Water Services (up 13.4% to $172.10 million) . Not all segments of Allete experienced an increase in sales in 2018: sales of Corporate and Other fell 13.1% to $107.10 million. Allete also experienced decreases in sales in Regulated Utility (down 0.4% to $1.06 billion) .
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Allete, Inc.
  Stock Performance Chart for Allete, Inc.
  Stock Data: Recent Stock Performance:
  Current Price (1/17/2020): 83.57
(Figures in U.S. Dollars)
1 Week 3.4%   13 Weeks 2.1%  
4 Weeks -4.0%   52 Weeks 11.0%  
Allete, Inc. Key Data:
  Ticker: ALE Country: United States
  Exchanges: NYSE BSE MSE PBW PCS Major Industry: Utilities
    Sub Industry: Electric & Other Services Combined
  2018 Sales 1,500,600,000
(Year Ending Jan 2019).
Employees: 1,926
  Currency: U.S. Dollars Market Cap: 4,317,898,688
  Fiscal Yr Ends: December Shares Outstanding: 51,668,047
  Share Type: Common Closely Held Shares: 291,664
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