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:
sales of $1.40 billion
of which 95%
was Avista Utilities),
Wisconsin Public Service Corporation
of which 77%
was Electric Utility).
Allete reported sales of $1.50 billion
December of 2018.
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)