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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 UNITED STATES : Avista Corporation (2019 sales of $1.35 billion of which 96% was Avista Utilities), Northwestern Corporation ($1.26 billion of which 78% was Electric Utility), and Public Service Company of New Mexico ($1.09 billion ).

Sales Analysis. Allete reported sales of $1.24 billion for the year ending December of 2019. This represents a decrease of 17.3% versus 2018, when the company's sales were $1.50 billion. The sales level in 2019 was fairly close to the level five years ago: in 2014, Allete had sales of $1.14 billion. Contributing to the drop in overall sales was the 80.6% decline in U.S. Water Services, from $172.10 million to $33.40 million. There were also decreases in sales in Regulated Utility (down 1.6% to $1.04 billion) and Allete Clean Energy (down 62.7% to $59.60 million) and Corporate and Other (down 1.9% to $105.10 million) .
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Allete, Inc.
  Stock Performance Chart for Allete, Inc.
  Stock Data: Recent Stock Performance:
  Current Price (11/20/2020): 56.18
(Figures in U.S. Dollars)
1 Week 0.8%   13 Weeks 0.4%  
4 Weeks 3.5%   52 Weeks -29.5%  
Allete, Inc. Key Data:
  Ticker: ALE Country: United States
  Exchanges: NYSE BSE MSE PBW PCS Major Industry: Utilities
    Sub Industry: Electric & Other Services Combined
  2019 Sales 1,240,500,000
(Year Ending Jan 2020).
Employees: 1,362
  Currency: U.S. Dollars Market Cap: 2,921,360,000
  Fiscal Yr Ends: December Shares Outstanding: 52,000,000
  Share Type: Common Closely Held Shares: 238,857
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