ALLETE, Inc. (ALE) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Total Assets | 7.15B | 6.91B | 6.87B | 7.39B | 6.74B | 6.66B | 6.6B | 7.37B | 6.64B | 6.57B | 6.7B | 7.61B | 6.86B | 6.84B | 6.56B | 7.17B | 6.33B | 6.29B | 6.27B | 6.81B |
| Asset Growth % | 6.17% | 3.78% | 3.96% | 0.36% | 1.39% | 1.42% | -1.49% | -3.21% | -3.11% | -3.96% | 2.27% | 6.2% | 8.3% | 8.67% | 4.49% | 5.21% | 7.72% | 9.25% | 11.66% | 10.52% |
| PP&E (Net) | 5.53B | 5.32B | 5.26B | 5.19B | 5.13B | 5.09B | 5.02B | 5.02B | 5.01B | 4.99B | 4.99B | 5.02B | 5.02B | 5.04B | 5.09B | 5.1B | 5.07B | 5.04B | 4.95B | 4.86B |
| PP&E / Total Assets % | 77.29% | 77.01% | 76.54% | 70.22% | 76.08% | 76.46% | 76.04% | 68.22% | 75.37% | 75.9% | 74.44% | 65.93% | 73.27% | 73.73% | 77.7% | 71.23% | 80.08% | 80.09% | 78.9% | 71.41% |
| Total Current Assets | 485M | 452.9M | 477.9M | 435.2M | 483.4M | 432.2M | 433.2M | 468.1M | 503.2M | 446.2M | 569.7M | 718M | 722.2M | 660M | 480.5M | 291.3M | 278.7M | 279.3M | 378.4M | 254.9M |
| Cash & Equivalents | 78.7M | 55.4M | 92M | 52.7M | 108.5M | 41.3M | 37.9M | 77M | 128.8M | 48.7M | 37.3M | 37.9M | 46.3M | 75.4M | 67.2M | 45.4M | 63.1M | 64.1M | 166.1M | 45.1M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 184.9M | 178.2M | 171.1M | 154.6M | 166.6M | 184.3M | 182.7M | 175.4M | 180.3M | 194.3M | 346.9M | 455.9M | 472.2M | 355.8M | 196.6M | 97.7M | 89.6M | 88.1M | 74M | 74.2M |
| Other Current Assets | 75.3M | 89.6M | 71.6M | 79.8M | 71.5M | 73.6M | 70.4M | 78.5M | 74.5M | 80M | 65.2M | 86.3M | 83.2M | 112.6M | 98.3M | 24.5M | 15.8M | 21.9M | 24.8M | 23.7M |
| Long-Term Investments | 389.1M | 381.9M | 375.5M | 377.4M | 376.6M | 374.9M | 372.7M | 371.6M | 378.7M | 377.4M | 374.3M | 372.8M | 368.6M | 376.1M | 379.4M | 371.9M | 370.3M | 372.5M | 363.2M | 372.2M |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 155.2M | 155.3M | 155.3M | 155.3M | 155.3M | 155.4M | 155.4M | 155.4M | 155.5M | 155.5M | 155.5M | 155.6M | 155.8M | 151.1M | 0 | 800K | 0 | 0 | 0 | 0 |
| Other Assets | 594.8M | 599.1M | 602.1M | 595.8M | 596.3M | 605.7M | 620.9M | 637.2M | 599M | 603.8M | 613.9M | 582.5M | 586.5M | 609.6M | 602.4M | 654.4M | 612.4M | 601M | 582.1M | 594.3M |
| Total Liabilities | 3.81B | 3.55B | 3.48B | 4B | 3.34B | 3.27B | 3.2B | 3.96B | 3.25B | 3.2B | 3.35B | 4.26B | 3.5B | 3.48B | 3.41B | 4.23B | 3.48B | 3.45B | 3.43B | 4.01B |
| Total Debt | 2.24B | 2B | 1.93B | 1.81B | 1.8B | 1.8B | 1.8B | 1.8B | 1.81B | 1.8B | 1.94B | 1.93B | 1.98B | 2B | 1.96B | 1.99B | 2.04B | 2.05B | 1.97B | 1.82B |
| Net Debt | 2.16B | 1.94B | 1.83B | 1.76B | 1.69B | 1.76B | 1.76B | 1.73B | 1.68B | 1.75B | 1.91B | 1.9B | 1.93B | 1.93B | 1.9B | 1.95B | 1.98B | 1.98B | 1.8B | 1.77B |
| Long-Term Debt | 2.1B | 1.93B | 1.83B | 1.7B | 1.74B | 1.75B | 1.77B | 1.68B | 1.69B | 1.69B | 1.76B | 1.65B | 1.65B | 1.6B | 1.67B | 1.76B | 1.65B | 1.66B | 1.65B | 1.59B |
| Short-Term Borrowings | 138.1M | 63.6M | 94.2M | 98.3M | 45.6M | 45.9M | 20.7M | 114.4M | 114M | 109.7M | 179.4M | 275.8M | 312.3M | 394.8M | 282.5M | 219M | 382.4M | 368.2M | 304.2M | 209.6M |
| Capital Lease Obligations | 0 | 0 | 0 | 7.3M | 8.9M | 9.7M | 9.8M | 7.7M | 8.5M | 8.1M | 8.8M | 9.3M | 10M | 10.7M | 10.9M | 11.6M | 12.7M | 13.4M | 14.5M | 16.5M |
| Total Current Liabilities | 413.2M | 337.9M | 380.6M | 404.2M | 334.4M | 297.6M | 260.8M | 377.6M | 413.5M | 380.3M | 464.4M | 716.2M | 706M | 709M | 556.6M | 543.4M | 646M | 595.5M | 574.9M | 459.6M |
| Accounts Payable | 116.7M | 124M | 106M | 113.6M | 110.8M | 94.1M | 84.2M | 102.2M | 112.3M | 89.3M | 84.9M | 103M | 124.3M | 134.8M | 75.9M | 111M | 101.9M | 100M | 107M | 110M |
| Accrued Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 101.5M | 107M | 115.5M | 137.7M | 117.8M | 110.4M | 93M | 110M | 123.7M | 130.9M | 118.7M | 268.3M | 199.9M | 126.7M | 119.7M | 148.3M | 94.3M | 74.3M | 88.5M | 80.6M |
| Deferred Taxes | 291.7M | 278.9M | 269.5M | 890.5M | 255.5M | 215.6M | 195M | 901.3M | 171.2M | 153.6M | 156.3M | 922M | 177M | 181.8M | 188.3M | 924.7M | 187.1M | 188.7M | 190.2M | 921.4M |
| Other Liabilities | 1.01B | 997.5M | 994.6M | 994.2M | 1B | 996.8M | 957.6M | 991.4M | 968.8M | 971.5M | 961.8M | 965.5M | 958.1M | 983M | 987.3M | 984.8M | 982.5M | 989.2M | 996.1M | 1.02B |
| Total Equity | 3.34B | 3.37B | 3.39B | 3.39B | 3.39B | 3.4B | 3.41B | 3.41B | 3.4B | 3.37B | 3.36B | 3.35B | 3.35B | 3.36B | 3.14B | 2.95B | 2.85B | 2.84B | 2.85B | 2.8B |
| Equity Growth % | -1.46% | -0.84% | -0.59% | -0.49% | -0.12% | 0.8% | 1.53% | 1.76% | 1.28% | 0.29% | 6.81% | 13.64% | 17.5% | 18.19% | 10.44% | 5.22% | 16.72% | 16.84% | 19.95% | 19.89% |
| Shareholders Equity | 2.85B | 2.86B | 2.87B | 2.85B | 2.83B | 2.82B | 2.82B | 2.81B | 2.79B | 2.73B | 2.72B | 2.69B | 2.68B | 2.68B | 2.45B | 2.41B | 2.34B | 2.32B | 2.32B | 2.29B |
| Minority Interest | 492M | 505.2M | 522.8M | 542.5M | 561.4M | 573.9M | 586M | 597.5M | 610.1M | 634.4M | 642.2M | 656.4M | 671.3M | 678.5M | 694.2M | 533.2M | 514.5M | 519.3M | 525.7M | 505.6M |
| Common Stock | 1.84B | 1.83B | 1.83B | 1.82B | 1.82B | 1.81B | 1.81B | 1.8B | 1.8B | 1.79B | 1.79B | 1.78B | 1.78B | 1.77B | 1.54B | 1.54B | 1.5B | 1.47B | 1.47B | 1.46B |
| Additional Paid-in Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 1.03B | 1.05B | 1.06B | 1.04B | 1.03B | 1.03B | 1.04B | 1.03B | 1.01B | 966.9M | 954.2M | 934.8M | 929.2M | 932.6M | 932M | 900.2M | 873.4M | 878.8M | 883.8M | 864.8M |
| Accumulated OCI | -18.1M | -18.1M | -18.1M | -18.1M | -21M | -20.9M | -20.9M | -20.5M | -24.5M | -24.4M | -24.3M | -24.4M | -23.8M | -23.9M | -24M | -23.8M | -29.9M | -30.3M | -30.7M | -31.1M |
| Return on Assets (ROA) | 0.39% | 0.46% | 0.79% | 0.72% | 0.67% | 0.5% | 0.73% | 0.74% | 1.3% | 0.78% | 0.81% | 0.71% | 0.49% | 0.56% | 0.97% | 0.92% | 0.44% | 0.44% | 0.79% | 0.74% |
| Return on Equity (ROE) | 0.81% | 0.94% | 1.65% | 1.49% | 1.33% | 0.97% | 1.49% | 1.51% | 2.54% | 1.53% | 1.74% | 1.54% | 1% | 1.16% | 2.18% | 2.13% | 0.97% | 0.98% | 1.83% | 1.8% |
| Debt / Equity | 0.67x | 0.59x | 0.57x | 0.53x | 0.53x | 0.53x | 0.53x | 0.53x | 0.53x | 0.54x | 0.58x | 0.58x | 0.59x | 0.60x | 0.62x | 0.68x | 0.72x | 0.72x | 0.69x | 0.65x |
| Debt / Assets | 31.27% | 28.86% | 28.06% | 24.49% | 26.69% | 27.05% | 27.3% | 24.47% | 27.22% | 27.46% | 28.99% | 25.41% | 28.8% | 29.26% | 29.94% | 27.83% | 32.29% | 32.51% | 31.41% | 26.71% |
| Net Debt / EBITDA | 20.81x | 20.88x | 14.75x | 16.07x | 14.55x | 18.45x | 15.72x | 16.17x | 16.95x | 15.09x | 17.24x | 20.06x | 20.94x | 25.78x | 16.47x | 17.99x | 22.36x | 23.02x | 18.05x | 19.10x |
| Book Value per Share | 57.44 | 57.95 | 58.43 | 58.46 | 58.59 | 58.75 | 59.08 | 59.15 | 59.07 | 58.68 | 58.6 | 58.54 | 58.63 | 59.87 | 58.98 | 56.12 | 54.37 | 54.34 | 54.53 | 53.64 |