About ALLETE, Inc.
https://www.allete.comALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar.

CEO
Bethany M. Owen
Compensation Summary
(Year 2017)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2004-09-21 | Reverse | 1:3 |
| 1999-03-03 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 55
Price Target
Institutional Ownership

BLACKROCK, INC.
Shares:7.81M
Value:$530M

BLACKROCK INC.
Shares:7.51M
Value:$509.62M

VANGUARD GROUP INC
Shares:6.29M
Value:$426.82M
Summary
Showing Top 3 of 466
About ALLETE, Inc.
https://www.allete.comALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $375M ▲ | $16.6M ▼ | $27.1M ▼ | 7.23% ▼ | $0.47 ▼ | $114.6M ▲ |
| Q2-2025 | $360.3M ▼ | $88.8M ▲ | $31.9M ▼ | 8.85% ▼ | $0.55 ▼ | $104M ▼ |
| Q1-2025 | $400.2M ▲ | $87.3M ▲ | $56.1M ▲ | 14.02% ▲ | $0.97 ▲ | $135M ▲ |
| Q4-2024 | $364.8M ▼ | $84.8M ▼ | $50.6M ▲ | 13.87% ▲ | $0.88 ▲ | $120.9M ▼ |
| Q3-2024 | $407.2M | $86.1M | $45M | 11.05% | $0.78 | $126.7M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $78.7M ▲ | $7.15B ▲ | $3.81B ▲ | $2.85B ▼ |
| Q2-2025 | $55.4M ▼ | $6.91B ▲ | $3.55B ▲ | $2.86B ▼ |
| Q1-2025 | $92M ▲ | $6.87B ▼ | $3.48B ▼ | $2.87B ▲ |
| Q4-2024 | $52.7M ▼ | $7.39B ▲ | $4B ▲ | $2.85B ▲ |
| Q3-2024 | $108.5M | $6.74B | $3.34B | $2.83B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-12M ▼ | $103.4M ▲ | $-290.5M ▼ | $210.4M ▲ | $25.8M ▲ | $-174.2M ▼ |
| Q2-2025 | $31.9M ▼ | $39.4M ▼ | $-105.6M ▲ | $29.7M ▼ | $-36.6M ▼ | $-68.9M ▼ |
| Q1-2025 | $56.1M ▲ | $110.2M ▲ | $-160.2M ▼ | $89.2M ▲ | $39.2M ▲ | $-44.2M ▼ |
| Q4-2024 | $50.6M ▲ | $89.8M ▼ | $-120.8M ▼ | $-24.8M ▲ | $-55.8M ▼ | $-34.8M ▼ |
| Q3-2024 | $5.7M | $190.8M | $-83.1M | $-40.4M | $67.3M | $94.5M |
Revenue by Products
| Product | Q4-2024 | Q3-2025 | Q2-2025 | Q1-2025 |
|---|---|---|---|---|
ALLETE Clean Energy | $20.00M ▲ | $10.00M ▼ | $20.00M ▲ | $20.00M ▲ |
New Energy | $0 ▲ | $20.00M ▲ | $10.00M ▼ | $20.00M ▲ |
Regulated Operations | $310.00M ▲ | $320.00M ▲ | $310.00M ▼ | $330.00M ▲ |

CEO
Bethany M. Owen
Compensation Summary
(Year 2017)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2004-09-21 | Reverse | 1:3 |
| 1999-03-03 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 55
Price Target
Institutional Ownership

BLACKROCK, INC.
Shares:7.81M
Value:$530M

BLACKROCK INC.
Shares:7.51M
Value:$509.62M

VANGUARD GROUP INC
Shares:6.29M
Value:$426.82M
Summary
Showing Top 3 of 466




