Net Income Summary of ALLETE, Inc.

ALLETE, Inc.'s latest annual net income in 2023 was 247.1 Million USD , up 88.19% from previous year.
ALLETE, Inc.'s latest quarterly net income in 2024 Q3 was 45 Million USD , up 36.36% from previous quarter.
ALLETE, Inc. reported an annual net income of 131.3 Million USD in 2022, down -22.4% from previous year.
ALLETE, Inc. reported an annual net income of 169.2 Million USD in 2021, down -2.87% from previous year.
ALLETE, Inc. reported a quarterly net income of 45 Million USD for 2024 Q3, up 36.36% from previous quarter.
ALLETE, Inc. reported a quarterly net income of 33 Million USD for 2024 Q2, down -34.91% from previous quarter.

Annual Net Income Chart of ALLETE, Inc. (2023 - 1989)

Historical Annual Net Income of ALLETE, Inc. (2023 - 1989)

Year	Net Income	Net Income Growth
2023	247.1 Million USD	88.19%
2022	131.3 Million USD	-22.4%
2021	169.2 Million USD	-2.87%
2020	174.2 Million USD	-6.14%
2019	185.6 Million USD	6.61%
2018	174.1 Million USD	1.1%
2017	172.2 Million USD	10.88%
2016	155.3 Million USD	10.06%
2015	141.1 Million USD	13.06%
2014	124.8 Million USD	19.2%
2013	104.7 Million USD	7.83%
2012	97.1 Million USD	3.52%
2011	93.8 Million USD	24.57%
2010	75.3 Million USD	23.44%
2009	61 Million USD	-26.06%
2008	82.5 Million USD	-5.82%
2007	87.6 Million USD	28.26%
2006	68.3 Million USD	413.53%
2005	13.3 Million USD	-87.26%
2004	104.4 Million USD	-55.84%
2003	236.4 Million USD	72.3%
2002	137.2 Million USD	-1.08%
2001	138.7 Million USD	-6.66%
2000	148.6 Million USD	118.53%
1999	68 Million USD	-23.16%
1998	88.5 Million USD	14.05%
1997	77.6 Million USD	12.14%
1996	69.2 Million USD	6.79%
1995	64.8 Million USD	5.71%
1994	61.3 Million USD	-2.08%
1993	62.6 Million USD	-14.6%
1992	73.3 Million USD	-2.91%
1991	75.5 Million USD	1.21%
1990	74.6 Million USD	-16.09%
1989	88.9 Million USD	21.95%

Year	Net Income	Net Income Growth
2024 Q1	50.7 Million USD	-1.55%
2024 Q3	45 Million USD	36.36%
2024 Q2	33 Million USD	-34.91%
2023 Q4	51.5 Million USD	-40.05%
2023 FY	247.1 Million USD	88.19%
2023 Q3	85.9 Million USD	66.8%
2023 Q1	37.6 Million USD	1.08%
2023 Q2	51.5 Million USD	36.97%
2022 Q3	33.7 Million USD	62.02%
2022 Q4	37.2 Million USD	10.39%
2022 Q1	46.5 Million USD	-24.88%
2022 FY	131.3 Million USD	-22.4%
2022 Q2	20.8 Million USD	-55.27%
2021 Q2	27.9 Million USD	-46.14%
2021 FY	169.2 Million USD	-2.87%
2021 Q4	61.9 Million USD	124.28%
2021 Q1	51.8 Million USD	9.98%
2021 Q3	27.6 Million USD	-1.08%
2020 Q2	20.1 Million USD	-69.68%
2020 FY	174.2 Million USD	-6.14%
2020 Q1	66.3 Million USD	33.4%
2020 Q4	47.1 Million USD	15.72%
2020 Q3	40.7 Million USD	102.49%
2019 Q2	34.2 Million USD	-51.49%
2019 FY	185.6 Million USD	6.61%
2019 Q4	49.7 Million USD	59.29%
2019 Q3	31.2 Million USD	-8.77%
2019 Q1	70.5 Million USD	15.38%
2018 FY	174.1 Million USD	1.1%
2018 Q3	30.7 Million USD	-1.92%
2018 Q4	61.1 Million USD	99.02%
2018 Q1	51 Million USD	23.19%
2018 Q2	31.3 Million USD	-38.63%
2017 Q4	41.4 Million USD	-7.8%
2017 FY	172.2 Million USD	10.88%
2017 Q3	44.9 Million USD	21.68%
2017 Q2	36.9 Million USD	-24.69%
2017 Q1	49 Million USD	10.61%
2016 Q2	24.8 Million USD	-45.97%
2016 Q4	44.3 Million USD	9.93%
2016 FY	155.3 Million USD	10.06%
2016 Q1	45.9 Million USD	150.82%
2016 Q3	40.3 Million USD	62.5%
2015 Q2	22.5 Million USD	-43.61%
2015 FY	141.1 Million USD	13.06%
2015 Q3	60.4 Million USD	168.44%
2015 Q1	39.9 Million USD	21.28%
2015 Q4	18.3 Million USD	-69.7%
2014 Q3	41.6 Million USD	147.62%
2014 Q2	16.8 Million USD	-49.85%
2014 Q4	32.9 Million USD	-20.91%
2014 Q1	33.5 Million USD	1.52%
2014 FY	124.8 Million USD	19.2%
2013 FY	104.7 Million USD	7.83%
2013 Q1	32.5 Million USD	12.46%
2013 Q2	14 Million USD	-56.92%
2013 Q3	25.2 Million USD	80.0%
2013 Q4	33 Million USD	30.95%
2012 Q3	29.4 Million USD	104.17%
2012 Q4	28.9 Million USD	-1.7%
2012 Q2	14.4 Million USD	-40.98%
2012 Q1	24.4 Million USD	27.75%
2012 FY	97.1 Million USD	3.52%
2011 Q1	37.2 Million USD	179.7%
2011 FY	93.8 Million USD	24.57%
2011 Q2	17 Million USD	-54.3%
2011 Q3	20.5 Million USD	20.59%
2011 Q4	19.1 Million USD	-6.83%
2010 Q4	13.3 Million USD	-32.14%
2010 Q1	23 Million USD	22.99%
2010 Q3	19.6 Million USD	1.03%
2010 FY	75.3 Million USD	23.44%
2010 Q2	19.4 Million USD	-15.65%
2009 Q1	16.9 Million USD	-28.09%
2009 Q4	18.7 Million USD	16.88%
2009 Q3	16 Million USD	70.21%
2009 Q2	9.4 Million USD	-44.38%
2009 FY	61 Million USD	-26.06%
2008 Q2	10.7 Million USD	-54.66%
2008 FY	82.5 Million USD	-5.82%
2008 Q1	23.6 Million USD	6.31%
2008 Q3	24.7 Million USD	130.84%
2008 Q4	23.5 Million USD	-4.86%
2007 Q2	22.6 Million USD	-14.07%
2007 Q4	22.2 Million USD	34.55%
2007 FY	87.6 Million USD	28.26%
2007 Q1	26.3 Million USD	81.38%
2007 Q3	16.5 Million USD	-26.99%
2006 FY	68.3 Million USD	413.53%
2006 Q1	18.8 Million USD	-10.48%
2006 Q2	13.2 Million USD	-29.79%
2006 Q4	14.5 Million USD	-33.49%
2006 Q3	21.8 Million USD	65.15%
2005 Q2	-40.3 Million USD	-323.89%
2005 Q3	15.2 Million USD	137.72%
2005 FY	13.3 Million USD	-87.26%
2005 Q1	18 Million USD	85.57%
2005 Q4	21 Million USD	38.16%
2004 FY	104.4 Million USD	-55.84%
2004 Q4	9.7 Million USD	-25.95%
2004 Q3	13.1 Million USD	-62.25%
2004 Q2	34.7 Million USD	-33.9%
2004 Q1	52.5 Million USD	-47.55%
2003 Q1	44.3 Million USD	144.75%
2003 FY	236.4 Million USD	72.3%
2003 Q4	100.1 Million USD	110.29%
2003 Q3	47.6 Million USD	7.21%
2003 Q2	44.4 Million USD	0.23%
2002 FY	137.2 Million USD	-1.08%
2002 Q1	35.2 Million USD	38.04%
2002 Q3	45.1 Million USD	16.24%
2002 Q4	18.1 Million USD	-59.87%
2002 Q2	38.8 Million USD	10.23%
2001 Q2	42.5 Million USD	29.18%
2001 FY	138.7 Million USD	-6.66%
2001 Q4	25.5 Million USD	-32.54%
2001 Q1	32.9 Million USD	73.16%
2001 Q3	37.8 Million USD	-11.06%
2000 Q2	64.2 Million USD	111.18%
2000 Q3	35 Million USD	-45.48%
2000 Q4	19 Million USD	-45.71%
2000 FY	148.6 Million USD	118.53%
2000 Q1	30.4 Million USD	184.11%
1999 Q4	10.7 Million USD	-68.99%
1999 FY	68 Million USD	-23.16%
1999 Q1	20.9 Million USD	-2.34%
1999 Q2	1.9 Million USD	-90.91%
1999 Q3	34.5 Million USD	1715.79%
1998 FY	88.5 Million USD	14.05%
1998 Q3	25.8 Million USD	13.16%
1998 Q4	21.4 Million USD	-17.05%
1998 Q2	22.8 Million USD	23.24%
1998 Q1	18.5 Million USD	-5.61%
1997 Q4	19.6 Million USD	-15.52%
1997 Q3	23.2 Million USD	24.06%
1997 FY	77.6 Million USD	12.14%
1997 Q2	18.7 Million USD	16.15%
1997 Q1	16.1 Million USD	5.23%
1996 Q4	15.3 Million USD	-19.47%
1996 Q2	16.3 Million USD	-11.89%
1996 Q3	19 Million USD	16.56%
1996 FY	69.2 Million USD	6.79%
1996 Q1	18.5 Million USD	60.87%
1995 FY	64.8 Million USD	5.71%
1995 Q4	11.5 Million USD	-26.75%
1995 Q3	15.7 Million USD	29.75%
1995 Q2	12.1 Million USD	-52.55%
1995 Q1	25.5 Million USD	7.59%
1994 FY	61.3 Million USD	-2.08%
1994 Q2	13 Million USD	38.3%
1994 Q4	23.7 Million USD	55.92%
1994 Q3	15.2 Million USD	16.92%
1994 Q1	9.4 Million USD	-10.48%
1993 FY	62.6 Million USD	-14.6%
1993 Q4	10.5 Million USD	-43.85%
1993 Q3	18.7 Million USD	29.86%
1993 Q2	14.4 Million USD	-24.61%
1993 Q1	19.1 Million USD	-28.2%
1992 FY	73.3 Million USD	-2.91%
1992 Q4	26.6 Million USD	88.65%
1992 Q2	18.8 Million USD	35.25%
1992 Q1	13.9 Million USD	-30.15%
1992 Q3	14.1 Million USD	-25.0%
1991 Q3	24.7 Million USD	85.71%
1991 Q1	17.6 Million USD	19.73%
1991 Q4	19.9 Million USD	-19.43%
1991 FY	75.5 Million USD	1.21%
1991 Q2	13.3 Million USD	-24.43%
1990 Q1	19.8 Million USD	27.74%
1990 Q4	14.7 Million USD	-34.96%
1990 Q3	22.6 Million USD	29.89%
1990 Q2	17.4 Million USD	-12.12%
1990 FY	74.6 Million USD	-16.09%
1989 FY	88.9 Million USD	21.95%
1989 Q1	- USD	0.0%
1989 Q4	15.5 Million USD	-60.46%
1989 Q3	39.2 Million USD	161.33%
1989 Q2	15 Million USD	0.0%

Peer Net Income Comparison of ALLETE, Inc.

Name	Net Income	Net Income Difference
The AES Corporation	249 Million USD	0.763%
Avista Corporation	171.18 Million USD	-44.351%
Brookfield Infrastructure Partners L.P.	367 Million USD	32.67%
Brookfield Infrastructure Partners L.P.	367 Million USD	32.67%
Brookfield Infrastructure Partners L.P.	367 Million USD	32.67%
Black Hills Corporation	262.2 Million USD	5.759%
Hawaiian Electric Industries, Inc.	201.12 Million USD	-22.857%
Sempra	3.07 Billion USD	91.964%
Unitil Corporation	45.2 Million USD	-446.681%

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ALLETE, Inc. (ALE)

Net Income Summary of ALLETE, Inc.

Annual Net Income Chart of ALLETE, Inc. (2023 - 1989)

Historical Annual Net Income of ALLETE, Inc. (2023 - 1989)

Peer Net Income Comparison of ALLETE, Inc.