ALLETE Inc (ALE)
59.62
-0.34
(-0.57%)
USD |
NYSE |
Apr 25, 16:00
59.62
0.00 (0.00%)
After-Hours: 20:00
ALLETE Gross Profit Margin (Quarterly): 30.00% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 30.00% |
| September 30, 2023 | 30.25% |
| June 30, 2023 | 23.34% |
| March 31, 2023 | 23.01% |
| December 31, 2022 | 26.26% |
| September 30, 2022 | 28.48% |
| June 30, 2022 | 24.26% |
| March 31, 2022 | 34.92% |
| December 31, 2021 | 31.75% |
| September 30, 2021 | 30.17% |
| June 30, 2021 | 31.17% |
| March 31, 2021 | 34.79% |
| December 31, 2020 | 33.74% |
| September 30, 2020 | 36.85% |
| June 30, 2020 | 33.80% |
| March 31, 2020 | 40.50% |
| December 31, 2019 | 37.33% |
| September 30, 2019 | 34.34% |
| June 30, 2019 | 34.47% |
| March 31, 2019 | 34.24% |
| December 31, 2018 | 28.62% |
| September 30, 2018 | 31.01% |
| June 30, 2018 | 31.10% |
| March 31, 2018 | 33.36% |
| December 31, 2017 | 21.25% |
| Date | Value |
|---|---|
| September 30, 2017 | 36.69% |
| June 30, 2017 | 33.48% |
| March 31, 2017 | 37.34% |
| December 31, 2016 | 31.51% |
| September 30, 2016 | 32.84% |
| June 30, 2016 | 33.42% |
| March 31, 2016 | 38.56% |
| December 31, 2015 | 32.92% |
| September 30, 2015 | 30.42% |
| June 30, 2015 | 29.14% |
| March 31, 2015 | 33.81% |
| December 31, 2014 | 34.19% |
| September 30, 2014 | 36.55% |
| June 30, 2014 | 28.16% |
| March 31, 2014 | 30.93% |
| December 31, 2013 | 44.37% |
| September 30, 2013 | 27.01% |
| June 30, 2013 | 22.54% |
| March 31, 2013 | 27.52% |
| December 31, 2012 | 28.79% |
| September 30, 2012 | 28.38% |
| June 30, 2012 | 22.23% |
| March 31, 2012 | 26.25% |
| December 31, 2011 | -91.47% |
| September 30, 2011 | 67.03% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
23.01%
Minimum
Mar 2023
40.50%
Maximum
Mar 2020
31.55%
Average
31.75%
Median
Dec 2021
Gross Profit Margin (Quarterly) Benchmarks
| Alliant Energy Corp | 39.96% |
| NiSource Inc | 48.80% |
| Otter Tail Corp | 38.21% |
| Advent Technologies Holdings Inc | -94.30% |
| Verde Clean Fuels Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 7.32% |
| Return on Assets | 3.70% |
| Return on Invested Capital | 4.73% |
| Profit Margin (Quarterly) | 12.79% |
| Operating Margin (Quarterly) | 10.70% |
| Return on Net Operating Assets | 4.45% |