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 :
sales of $1.35 billion
of which 96%
was Avista Utilities),
of which 78%
was Electric Utility), and
Public Service Company of New Mexico
Allete reported sales of $1.24 billion
December of 2019.
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)
Allete Clean Energy (down 62.7% to $59.60 million)
Corporate and Other (down 1.9% to $105.10 million)