ALLETE
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. ALLETE's past years’ income statements indicate that its last revenue has increased compared to the previous period by 20% to $1,879,800,000. The net income raised on $247,100,000 and profit margin reached 13%. Total operating expenses were $309,000,000.
Profit Margin
| 2014 | 1.13B | 124.8M | 10.98% |
|---|---|---|---|
| 2015 | 1.48B | 141.1M | 9.49% |
| 2016 | 1.33B | 155.3M | 11.59% |
| 2017 | 1.41B | 172.2M | 12.13% |
| 2018 | 1.49B | 174.1M | 11.62% |
| 2019 | 1.24B | 185.6M | 14.96% |
| 2020 | 1.16B | 174.2M | 14.9% |
| 2021 | 1.41B | 169.2M | 11.92% |
| 2022 | 1.57B | 131.3M | 8.36% |
| 2023 | 1.87B | 247.1M | 13.15% |
ALE Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.87B | 1.57B | 1.41B | 1.16B | 1.24B | 1.49B | 1.41B | 1.33B | 1.48B | 1.13B |
Cost of revenue | 1.38B | 1.12B | 965.7M | 744.3M | 805.4M | 1.03B | 955.8M | 876.9M | 1.01B | 812.3M |
Gross profit | 489.9M | 446.8M | 453.5M | 424.8M | 435.1M | 462.7M | 463.5M | 462.8M | 468.4M | 324.5M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 309M | 312.6M | 302.2M | 273.9M | 255.3M | 263.5M | 234.4M | 249.6M | 221.4M | 135.7M |
Operating income | 180.9M | 134.2M | 151.3M | 150.9M | 179.8M | 201.2M | 229.8M | 223.5M | 210.7M | 188.8M |
Other income (expenses), net | 25.9M | -34.1M | -40.4M | -28.8M | -900K | 27.3M | -39M | 32.7M | -43.9M | -26.6M |
Income before tax | 206.8M | 100.1M | 110.9M | 122.1M | 178.9M | 158.6M | 186.9M | 175.6M | 166.8M | 162.2M |
Income tax expense | 27.9M | -31.2M | -26.9M | -39.5M | -6.6M | -15.5M | 14.7M | 19.8M | 25.3M | 36.7M |
Net income | 247.1M | 131.3M | 169.2M | 174.2M | 185.6M | 174.1M | 172.2M | 155.3M | 141.1M | 124.8M |
Earnings per share | ||||||||||
Basic EPS | 4.31 | 2.35 | 3.23 | 3.36 | 3.6 | 3.39 | 3.39 | 3.15 | 2.92 | 2.91 |
Diluted EPS | 4.3 | 2.34 | 3.22 | 3.36 | 3.59 | 3.38 | 3.38 | 3.14 | 0.73 | 2.9 |
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