Allete Inc (ALE)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 160,100 | 165,100 | 155,800 | 179,900 | 180,900 | 171,500 | 168,900 | 129,100 | 134,200 | 150,500 | 148,200 | 162,700 | 151,300 | 125,000 | 135,500 | 120,000 | 138,200 | 164,300 | 159,700 | 183,200 |
| Revenue (ttm) | US$ in thousands | 1,529,800 | 1,567,700 | 1,539,300 | 1,718,200 | 1,879,800 | 1,902,900 | 1,912,400 | 1,752,100 | 1,570,700 | 1,543,900 | 1,501,000 | 1,463,500 | 1,419,200 | 1,340,600 | 1,289,100 | 1,196,700 | 1,169,100 | 1,153,300 | 1,147,700 | 1,194,900 |
| Operating profit margin | 10.47% | 10.53% | 10.12% | 10.47% | 9.62% | 9.01% | 8.83% | 7.37% | 8.54% | 9.75% | 9.87% | 11.12% | 10.66% | 9.32% | 10.51% | 10.03% | 11.82% | 14.25% | 13.91% | 15.33% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $160,100K ÷ $1,529,800K
= 10.47%
The operating profit margin of Allete Inc has fluctuated over the periods provided in the data. It started at 15.33% in March 31, 2020, and gradually decreased to 7.37% by March 31, 2023, showcasing a declining trend. However, there was a slight increase to 10.47% by June 30, 2024.
Overall, the operating profit margin experienced volatility, potentially indicating changes in the company's operating efficiency and cost structure. Further analysis and comparison with industry benchmarks would be beneficial to gain a deeper understanding of Allete Inc's performance in generating profits from its core business operations.
Peer comparison
Dec 31, 2024