ALLETE Inc (ALE)
59.68
-0.28
(-0.46%)
USD |
NYSE |
Apr 25, 13:16
ALLETE Profit Margin (Quarterly): 12.79% for Dec. 31, 2023
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 12.79% |
| September 30, 2023 | 22.68% |
| June 30, 2023 | 9.66% |
| March 31, 2023 | 10.30% |
| December 31, 2022 | 12.14% |
| September 30, 2022 | 8.68% |
| June 30, 2022 | 10.08% |
| March 31, 2022 | 17.29% |
| December 31, 2021 | 15.51% |
| September 30, 2021 | 7.99% |
| June 30, 2021 | 8.31% |
| March 31, 2021 | 15.27% |
| December 31, 2020 | 14.70% |
| September 30, 2020 | 13.85% |
| June 30, 2020 | 8.26% |
| March 31, 2020 | 21.28% |
| December 31, 2019 | 16.32% |
| September 30, 2019 | 10.82% |
| June 30, 2019 | 11.78% |
| March 31, 2019 | 19.74% |
| December 31, 2018 | 13.63% |
| September 30, 2018 | 8.82% |
| June 30, 2018 | 9.10% |
| March 31, 2018 | 14.24% |
| December 31, 2017 | 12.25% |
| Date | Value |
|---|---|
| September 30, 2017 | 12.39% |
| June 30, 2017 | 10.44% |
| March 31, 2017 | 13.40% |
| December 31, 2016 | 12.97% |
| September 30, 2016 | 11.53% |
| June 30, 2016 | 7.88% |
| March 31, 2016 | 13.75% |
| December 31, 2015 | 4.81% |
| September 30, 2015 | 13.06% |
| June 30, 2015 | 6.96% |
| March 31, 2015 | 12.47% |
| December 31, 2014 | 11.32% |
| September 30, 2014 | 14.40% |
| June 30, 2014 | 6.44% |
| March 31, 2014 | 11.30% |
| December 31, 2013 | 12.31% |
| September 30, 2013 | 10.04% |
| June 30, 2013 | 5.94% |
| March 31, 2013 | 12.32% |
| December 31, 2012 | 11.29% |
| September 30, 2012 | 11.82% |
| June 30, 2012 | 6.65% |
| March 31, 2012 | 10.17% |
| December 31, 2011 | 7.98% |
| September 30, 2011 | 9.03% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
7.99%
Minimum
Sep 2021
22.68%
Maximum
Sep 2023
13.04%
Average
12.14%
Median
Dec 2022
Profit Margin (Quarterly) Benchmarks
| Alliant Energy Corp | 12.59% |
| NiSource Inc | 16.69% |
| Otter Tail Corp | 18.38% |
| Advent Technologies Holdings Inc | -937.2% |
| Verde Clean Fuels Inc | -- |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 7.32% |
| Return on Assets | 3.70% |
| Return on Invested Capital | 4.73% |
| Gross Profit Margin (Quarterly) | 30.00% |
| Operating Margin (Quarterly) | 10.70% |
| Return on Net Operating Assets | 4.45% |