Global Rank
#4001
Country Rank
#1157
Market Cap
$3.75 B
Price
$64.76
Change (%)
0.63%
Volume
846,404
ALLETE's latest marketcap:
$3.75 B
As of 06/16/2025, ALLETE's market capitalization has reached $3.75 B. According to our data, ALLETE is the 4001th most valuable company globally by market capitalization. Market capitalization, commonly referred to as market cap, represents the total market value of all outstanding shares of a publicly traded company and is often used as a measure of company value.
| Market Cap | $3.75 B |
| Revenue (ttm) | $1.53 B |
| Net Income (ttm) | $184.7 M |
| Shares Out | 57.96 M |
| EPS (ttm) | $3.19 |
| Forward PE | 16.65 |
| Ex-Dividend Date | 05/15/2025 |
| Earnings Date | 07/31/2025 |
Market Cap Chart
Data Updated: 06/16/2025
ALLETE's yearly market capitalization.
ALLETE has seen its market value grow from $528.9 M to $3.75 B since 1998, representing a total increase of 609.73% and an annual compound growth rate (CAGR) of 7.69%.
| Date | Market Cap | Change (%) | Global Rank |
|---|---|---|---|
| 06/16/2025 | $3.75 B | 0.19% | 4001 |
| 12/31/2024 | $3.75 B | 6.58% | 3701 |
| 12/29/2023 | $3.52 B | -4.67% | 3790 |
| 12/30/2022 | $3.69 B | 5.71% | 3464 |
| 12/31/2021 | $3.49 B | 8.35% | 4281 |
| 12/31/2020 | $3.22 B | -23.24% | 3944 |
| 12/31/2019 | $4.19 B | 7% | 957 |
| 12/31/2018 | $3.92 B | 3.28% | 894 |
| 12/29/2017 | $3.8 B | 19.54% | 962 |
| 12/30/2016 | $3.18 B | 27.57% | 959 |
Company Profile
About ALLETE, Inc.
ALLETE, Inc. is a diversified energy company focused on regulated utility services and clean energy solutions. Headquartered in Duluth, Minnesota, the company has been a key player in the energy sector since its incorporation in 1906.
Business Segments
- Regulated Operations: Provides electric, natural gas, and water utility services to retail and municipal customers in Minnesota and Wisconsin.
- ALLETE Clean Energy: Develops and operates renewable energy projects, including wind and solar generation facilities.
Key Operations
- Generates electricity from coal, biomass, natural gas, hydro, wind, and solar sources.
- Owns and maintains electric transmission assets across Wisconsin, Michigan, Minnesota, and Illinois.
- Operates approximately 1,600 megawatts of wind energy generation capacity.
- Manages 154 substations with a total capacity of 10,647 megavolt-amperes.
Customer Base
ALLETE serves a diverse range of customers, including:
- 150,000+ retail electric customers in northeastern Minnesota.
- 14 non-affiliated municipal customers in Minnesota.
- 15,000 electric, 13,000 natural gas, and 10,000 water customers in northwestern Wisconsin.
- Industries such as taconite mining, paper, pulp, pipeline, and secondary wood products.
Additional Ventures
- Engages in coal mining operations in North Dakota.
- Participates in real estate investment activities in Florida.
Formerly known as Minnesota Power, Inc., the company rebranded to ALLETE, Inc. in May 2001.
Frequently Asked Questions
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What is ALLETE's (ALE) current market cap?As of 06/16/2025, ALLETE (including the parent company, if applicable) has an estimated market capitalization of $3.75 B USD. This figure represents the total market value of its outstanding shares, including different share classes. Please note that market capitalization fluctuates based on market conditions, and the actual valuation may differ from the latest estimate.
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Where does ALLETE (ALE) rank globally by market cap?ALLETE global market capitalization ranking is approximately 4001 as of 06/16/2025. This ranking is relative to all publicly traded companies worldwide and can fluctuate based on market dynamics and the performance of other companies. You can refer to our Global companies market cap ranking for the most up-to-date ranking.