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ALLETE, Inc.

Head Quarters

30 West Superior Street US

Website

http://www.allete.com

Industry

ElectricUtilities

Employees

1963

Exchange

New York Stock Exchange, Inc.

ALLETE, Inc. engages in the provision of electric and natural gas utility services. It operates through the following business segments: Regulated Operations, ALLETE Clean Energy, and U.S. Water Services. The Regulated Operations segment includes regulated utilities; Minnesota Power; SWL&P; and investment in ATC, which regulates utilities that owns and maintains electric transmission assets. The ALLETE Clean Energy segment develops, acquires, and operates clean and renewable energy projects. The U.S. Water Services segment provides integrated water management for industry by combining chemical, equipment, engineering, and service for customized solutions to reduce water and energy usage and improve efficiency. The company was founded in 1906 and is headquartered in Duluth, MN.

Key statistics

Margins Stock
Revenue per Employee $0.00
Current Ratio 0
Gross Margin (%) 0.20%
Net Margin (%) 0.04%
Returns Stock
Sales $1.37B
Sales Growth (% qtr vs. yr ago) 0.00%
Net Income $98.00M
NI Growth (% qtr vs. yr ago) 0.00%
Price/Sales 8.60
EPS $3.00