ALLETE, Inc. (ALE) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | 103.4M | 39.4M | 110.2M | 89.8M | 190.8M | 116.4M | 60.1M | 65.3M | 188.4M | 239.2M | 92.4M | 140.1M | 89.1M | -3.1M | -4.8M | 54.3M | 103.5M | 17.2M | 88.5M | 55.9M |
| Operating CF Growth % | -45.81% | -66.15% | 83.36% | 37.52% | 1.27% | -51.34% | -34.96% | -53.39% | 111.45% | 7816.13% | 2025% | 158.01% | -13.91% | -118.02% | -105.42% | -2.86% | 4.12% | -69.12% | -0.34% | -23.53% |
| Operating CF / Revenue % | 27.57% | 10.94% | 27.54% | 24.62% | 46.86% | 32.83% | 14.9% | 16.22% | 49.74% | 44.84% | 16.36% | 32.9% | 22.95% | -0.83% | -1.25% | 13.61% | 29.97% | 5.13% | 26.09% | 17.45% |
| Net Income | -12M | 31.9M | 56.1M | 50.6M | 5.7M | 33M | 50.7M | 51.5M | 69.6M | 40.7M | 37.6M | 37.2M | 26.8M | 20.8M | 46.5M | 48.6M | 24.1M | 21.7M | 43.4M | 41.4M |
| Depreciation & Amortization | 74M | 74.9M | 71.4M | 71.3M | 70.8M | 67.6M | 65M | 63.6M | 65M | 64.3M | 64.2M | 62.7M | 60.6M | 63.2M | 63.8M | 60.7M | 59.9M | 60.4M | 60.5M | 58.3M |
| Deferred Taxes | 600K | -3.2M | -300K | -8.6M | 800K | -5.1M | -2.9M | 16.3M | 14.2M | -6.6M | -6.3M | -18.8M | -7.4M | -8.3M | -4M | -7.5M | -5M | -4M | -10.4M | -11.8M |
| Other Non-Cash Items | 22.1M | -61.4M | -14.3M | -22.5M | 63.7M | 12.3M | -7.8M | -74.1M | 10.1M | 28.9M | 12M | 38.7M | 15M | -24.8M | -3.2M | -2.1M | -1.4M | -2.3M | -11.6M | -9.1M |
| Working Capital Changes | 16.5M | -5.1M | -4.4M | -2.1M | 48M | 6.6M | -46.6M | 5M | 27.6M | 110.3M | -15.9M | 19.6M | -7.4M | -55.4M | -109.2M | -46.7M | 24.4M | -60M | 4.9M | -24.3M |
| Capital Expenditures | -277.6M | -108.3M | -154.4M | -124.6M | -96.3M | -73.4M | -60.6M | -87.1M | -63.6M | -50.5M | -70M | -68.5M | -62.5M | -187.1M | -57.3M | -89M | -90.9M | -159M | -134.4M | -177M |
| CapEx / Revenue % | 74.03% | 30.06% | 38.58% | 34.16% | 23.65% | 20.71% | 15.03% | 21.63% | 16.79% | 9.47% | 12.39% | 16.09% | 16.1% | 50.15% | 14.94% | 22.31% | 26.32% | 47.38% | 39.62% | 55.24% |
| CapEx / D&A | 3.75x | 1.45x | 2.16x | 1.75x | 1.36x | 1.09x | 0.93x | 1.37x | 0.98x | 0.79x | 1.09x | 1.09x | 1.03x | 2.96x | 0.90x | 1.47x | 1.52x | 2.63x | 2.22x | 3.04x |
| CapEx Coverage (OCF/CapEx) | 0.37x | 0.36x | 0.71x | 0.72x | 1.98x | 1.59x | 0.99x | 0.75x | 2.96x | 4.74x | 1.32x | 2.05x | 1.43x | -0.02x | -0.08x | 0.61x | 1.14x | 0.11x | 0.66x | 0.32x |
| Cash from Investing | -290.5M | -105.6M | -160.2M | -120.8M | -83.1M | -74.6M | -58.1M | -83M | -69.3M | -56.6M | -74.7M | -72.9M | -63.9M | -187.1M | -60.1M | -88.1M | -91.4M | -174.8M | -130.9M | -179.6M |
| Acquisitions | -7.9M | 7.9M | 0 | 0 | -1.9M | 1.4M | 2.7M | 7.9M | -2.3M | -3.5M | -800K | -800K | -1.2M | -156.2M | -2.7M | -200K | -300K | -16.1M | -1M | -8.1M |
| Purchase of Investments | 4.5M | -5.9M | -1.3M | -500K | 3.6M | -2.4M | -3.1M | -2M | -400K | -400K | -800K | -700K | -500K | -800K | -400K | -600K | -1M | -1.4M | -600K | -1.5M |
| Sale of Investments | 500K | 1.1M | 1.4M | 300K | 300K | 0 | 1.4M | 500K | 300K | 200K | 800K | 500K | 500K | 700K | 500K | 3.1M | 700K | 1.4M | 1.2M | 6M |
| Other Investing | -10M | -400K | -5.9M | 4M | 11.2M | -200K | 1.5M | -2.3M | -3.3M | -2.4M | -3.9M | -3.4M | -200K | 1.4M | -200K | -1.4M | 100K | 300K | 3.9M | 1M |
| Cash from Financing | 210.4M | 29.7M | 89.2M | -24.8M | -40.4M | -38.4M | -41.1M | -34.1M | -39M | -171.1M | -18.3M | -75.6M | -58.3M | 196.9M | 92.2M | 16.1M | -14M | 47.9M | 154.2M | 103.8M |
| Dividends Paid | -42.4M | -42.3M | -42.3M | -40.8M | -40.7M | -40.7M | -40.6M | -39M | -38.9M | -38.8M | -38.8M | -37.3M | -37.1M | -37M | -34.5M | -33.2M | -33M | -32.9M | -32.8M | -32.2M |
| Dividend Payout Ratio % | 156.46% | 132.6% | 75.4% | 80.63% | 90.44% | 123.33% | 80.08% | 75.73% | 45.29% | 75.34% | 66.67% | 72.15% | 110.09% | 98.4% | 52.04% | 53.63% | 119.57% | 117.92% | 63.32% | 68.37% |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 0 | 1000K | 1000K | -1000K |
| Stock Issued | 3.1M | 4M | 2.5M | 3M | 3.5M | 4.4M | 2M | 3.5M | 3.7M | 4.4M | 3.3M | 3.6M | 4M | 237.1M | 3.3M | 38.9M | 20.9M | 5.1M | 5M | 5.3M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 6.4M | -100K | 800K | -600K | -1.2M | -1.1M | -500K | 7.5M | -8M | 1.8M | 6.5M | 7.3M | -1M | -7.2M | 153.7M | 60M | -1.9M | -500K | 28.5M | 346.9M |
| Net Change in Cash | 25.8M | -36.6M | 39.2M | -55.8M | 67.3M | 3.4M | -39.1M | -51.8M | 80.1M | 11.5M | -600K | -8.4M | -33.1M | 6.7M | 27.3M | -17.7M | -1.9M | -109.7M | 111.8M | -19.9M |
| Exchange Rate Effect | 2.5M | -100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 55.4M | 92M | 55.2M | 111M | 43.7M | 37.9M | 77M | 128.8M | 51.1M | 39.6M | 40.2M | 48.6M | 81.7M | 75M | 47.7M | 65.4M | 67.3M | 177M | 65.2M | 85.1M |
| Cash at End | 81.2M | 55.4M | 94.4M | 55.2M | 111M | 41.3M | 37.9M | 77M | 131.2M | 51.1M | 39.6M | 40.2M | 48.6M | 81.7M | 75M | 47.7M | 65.4M | 67.3M | 177M | 65.2M |
| Free Cash Flow | -174.2M | -68.9M | -44.2M | -34.8M | 94.5M | 43M | -500K | -21.8M | 124.8M | 188.7M | 22.4M | 71.6M | 26.6M | -190.2M | -62.1M | -34.7M | 12.6M | -141.8M | -45.9M | -121.1M |
| FCF Growth % | -284.34% | -260.23% | -8740% | -59.63% | -24.28% | -77.21% | -102.23% | -130.45% | 369.17% | 199.21% | 136.07% | 306.34% | 111.11% | -34.13% | -35.29% | 71.35% | 158.6% | 32.44% | 29.92% | -17.92% |
| FCF Margin % | -46.45% | -19.12% | -11.04% | -9.54% | 23.21% | 12.13% | -0.12% | -5.41% | 32.95% | 35.38% | 3.97% | 16.82% | 6.85% | -50.98% | -16.19% | -8.7% | 3.65% | -42.25% | -13.53% | -37.8% |
| FCF / Net Income % | -642.8% | -215.99% | -78.79% | -68.77% | 210% | 130.3% | -0.99% | -42.33% | 145.29% | 366.41% | 38.49% | 138.49% | 78.93% | -505.85% | -93.67% | -56.06% | 45.65% | -508.24% | -88.61% | -257.11% |