ALLETE, Inc. (ALE) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Revenue | 375M | 360.3M | 400.2M | 364.8M | 407.2M | 354.5M | 403.3M | 402.7M | 378.8M | 533.4M | 564.9M | 425.8M | 388.3M | 373.1M | 383.5M | 399M | 345.4M | 335.6M | 339.2M | 320.4M |
| Revenue Growth % | -7.91% | 1.64% | -0.77% | -9.41% | 7.5% | -33.54% | -28.61% | -5.43% | -2.45% | 42.96% | 47.3% | 6.72% | 12.42% | 11.17% | 13.06% | 24.53% | 17.52% | 37.99% | 8.86% | 5.19% |
| Cost of Revenue | 328.8M | 253.5M | 259.9M | 241.9M | 275.8M | 242.8M | 272.3M | 281.9M | 264.2M | 408.9M | 434.9M | 314M | 277.7M | 282.6M | 249.6M | 272.3M | 241.2M | 231M | 221.2M | 212.3M |
| Gross Profit | 46.2M | 106.8M | 140.3M | 122.9M | 131.4M | 111.7M | 131M | 120.8M | 114.6M | 124.5M | 130M | 111.8M | 110.6M | 90.5M | 133.9M | 126.7M | 104.2M | 104.6M | 118M | 108.1M |
| Gross Margin % | 12.32% | 29.64% | 35.06% | 33.69% | 32.27% | 31.51% | 32.48% | 30% | 30.25% | 23.34% | 23.01% | 26.26% | 28.48% | 24.26% | 34.92% | 31.75% | 30.17% | 31.17% | 34.79% | 33.74% |
| Gross Profit Growth % | -64.84% | -4.39% | 7.1% | 1.74% | 14.66% | -10.28% | 0.77% | 8.05% | 3.62% | 37.57% | -2.91% | -11.76% | 6.14% | -13.48% | 13.47% | 17.21% | -3.79% | 27.25% | -6.5% | -4.93% |
| Operating Expenses | 16.6M | 88.8M | 87.3M | 84.8M | 86.1M | 82.3M | 83.7M | 77.7M | 78.6M | 71M | 81.7M | 78.1M | 77.2M | 76.8M | 80.5M | 76.7M | 73.1M | 76.4M | 76M | 71.7M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 103.7M | 92.9M | 124.4M | 109.4M | 116.1M | 95.4M | 112.3M | 106.7M | 99.1M | 116.3M | 110.6M | 94.5M | 92.1M | 74.7M | 115.1M | 108.3M | 88.6M | 86.1M | 100M | 92.9M |
| EBITDA Margin % | 27.65% | 25.78% | 31.08% | 29.99% | 28.51% | 26.91% | 27.85% | 26.5% | 26.16% | 21.8% | 19.58% | 22.19% | 23.72% | 20.02% | 30.01% | 27.14% | 25.65% | 25.66% | 29.48% | 29% |
| EBITDA Growth % | -10.68% | -2.62% | 10.77% | 2.53% | 17.15% | -17.97% | 1.54% | 12.91% | 7.6% | 55.69% | -3.91% | -12.74% | 3.95% | -13.24% | 15.1% | 16.58% | -6.74% | 28.13% | -11.97% | -7.29% |
| Depreciation & Amortization | 74.1M | 74.9M | 71.4M | 71.3M | 70.8M | 66M | 65M | 63.6M | 63.1M | 62.8M | 62.3M | 60.8M | 58.7M | 61M | 61.7M | 58.3M | 57.5M | 57.9M | 58M | 56.5M |
| D&A / Revenue % | 19.76% | 20.79% | 17.84% | 19.54% | 17.39% | 18.62% | 16.12% | 15.79% | 16.66% | 11.77% | 11.03% | 14.28% | 15.12% | 16.35% | 16.09% | 14.61% | 16.65% | 17.25% | 17.1% | 17.63% |
| Operating Income (EBIT) | 29.6M | 18M | 53M | 38.1M | 45.3M | 29.4M | 47.3M | 43.1M | 36M | 53.5M | 48.3M | 33.7M | 33.4M | 13.7M | 53.4M | 50M | 31.1M | 28.2M | 42M | 36.4M |
| Operating Margin % | 7.89% | 5% | 13.24% | 10.44% | 11.12% | 8.29% | 11.73% | 10.7% | 9.5% | 10.03% | 8.55% | 7.91% | 8.6% | 3.67% | 13.92% | 12.53% | 9% | 8.4% | 12.38% | 11.36% |
| Operating Income Growth % | -34.66% | -38.78% | 12.05% | -11.6% | 25.83% | -45.05% | -2.07% | 27.89% | 7.78% | 290.51% | -9.55% | -32.6% | 7.4% | -51.42% | 27.14% | 37.36% | -25.24% | 122.05% | -30.23% | -26.91% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 1.58x | 1.26x | 2.97x | 2.37x | 2.75x | 2.05x | 3.01x | 2.93x | 5.34x | 2.91x | 3.03x | 2.28x | 2.07x | 1.67x | 3.33x | 3.37x | 2.11x | 2.02x | 2.93x | 2.68x |
| Interest / Revenue % | 0.27% | 0.28% | 0.25% | 0.27% | 0.25% | 0.28% | 0.25% | 0.25% | 0.26% | 0.19% | 0.18% | 0.23% | 0.26% | 0.27% | 0.26% | 0.25% | 0.29% | 0.3% | 0.29% | 0.31% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 14.9M | 6M | 42.2M | 28.7M | 35.6M | 21.1M | 41M | 38.5M | 88.9M | 40.3M | 39.1M | 25.4M | 19.6M | 12.5M | 42.6M | 41M | 19.2M | 17.7M | 33M | 29.7M |
| Pretax Margin % | 3.97% | 1.67% | 10.54% | 7.87% | 8.74% | 5.95% | 10.17% | 9.56% | 23.47% | 7.56% | 6.92% | 5.97% | 5.05% | 3.35% | 11.11% | 10.28% | 5.56% | 5.27% | 9.73% | 9.27% |
| Income Tax | 1.6M | -600K | 7.5M | -3.6M | 2.9M | 1.4M | 4M | 7.5M | 19.3M | -400K | 1.5M | -11.8M | -7.2M | -8.3M | -3.9M | -7.6M | -4.9M | -4M | -10.4M | -11.7M |
| Effective Tax Rate % | 10.74% | -10% | 17.77% | -12.54% | 8.15% | 6.64% | 9.76% | 19.48% | 21.71% | -0.99% | 3.84% | -46.46% | -36.73% | -66.4% | -9.15% | -18.54% | -25.52% | -22.6% | -31.52% | -39.39% |
| Net Income | 27.1M | 31.9M | 56.1M | 50.6M | 45M | 33M | 50.7M | 51.5M | 85.9M | 51.5M | 58.2M | 51.7M | 33.7M | 37.6M | 66.3M | 61.9M | 27.6M | 27.9M | 51.8M | 47.1M |
| Net Margin % | 7.23% | 8.85% | 14.02% | 13.87% | 11.05% | 9.31% | 12.57% | 12.79% | 22.68% | 9.66% | 10.3% | 12.14% | 8.68% | 10.08% | 17.29% | 15.51% | 7.99% | 8.31% | 15.27% | 14.7% |
| Net Income Growth % | -39.78% | -3.33% | 10.65% | -1.75% | -47.61% | -35.92% | -12.89% | -0.39% | 154.9% | 36.97% | -12.22% | -16.48% | 22.1% | 34.77% | 27.99% | 31.42% | -32.19% | 38.81% | -21.87% | -5.23% |
| EPS (Diluted) | 0.47 | 0.55 | 0.97 | 0.87 | 0.78 | 0.57 | 0.88 | 0.89 | 1.49 | 0.90 | 1.02 | 0.90 | 0.59 | 0.67 | 1.24 | 1.17 | 0.53 | 0.53 | 0.99 | 0.90 |
| EPS Growth % | -39.53% | -3.84% | 10.07% | -2.43% | -47.98% | -36.37% | -13.49% | -1.07% | 153.55% | 33.87% | -18.35% | -22.91% | 12.08% | 25.62% | 25.36% | 29.69% | -32.84% | 37.75% | -22.47% | -5.78% |
| EPS (Basic) | 0.47 | 0.55 | 0.97 | 0.88 | 0.78 | 0.57 | 0.88 | 0.90 | 1.50 | 0.90 | 1.02 | 0.90 | 0.59 | 0.67 | 1.24 | 1.17 | 0.53 | 0.53 | 0.99 | 0.91 |
| Diluted Shares Outstanding | 58.2M | 58.1M | 58M | 58M | 57.9M | 57.8M | 57.7M | 57.6M | 57.5M | 57.4M | 57.3M | 57.2M | 57.2M | 56.1M | 53.3M | 52.5M | 52.5M | 52.3M | 52.2M | 52.2M |