Allete Inc (ALE)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 89.86% | 90.11% | 90.82% | 82.85% | 74.37% | 74.69% | 74.37% | 80.25% | 90.32% | 90.15% | 91.61% | 92.96% | 92.78% | 92.36% | 92.22% | 91.87% | 92.12% | 92.01% | 92.11% | 92.51% |
| 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% |
| Pretax margin | 12.03% | 12.50% | 16.46% | 15.71% | 14.63% | 13.45% | 9.27% | 8.87% | 10.07% | 11.17% | 11.24% | 11.16% | 10.03% | 8.26% | 9.56% | 9.27% | 10.44% | 12.72% | 12.22% | 13.23% |
| Net profit margin | 11.72% | 11.49% | 14.36% | 13.94% | 13.15% | 13.00% | 10.20% | 10.34% | 12.05% | 12.92% | 12.88% | 12.55% | 11.92% | 10.86% | 12.31% | 12.61% | 14.15% | 15.33% | 14.58% | 15.18% |
The profitability ratios of Allete Inc indicate the company's ability to generate profits relative to its revenue.
1. Gross Profit Margin: Allete Inc's gross profit margin remained consistently high above 90% from March 2020 to June 2022, indicating strong efficiency in controlling production costs. However, there was a noticeable decline from March 2023 to December 2024, possibly due to an increase in the cost of goods sold.
2. Operating Profit Margin: The operating profit margin of Allete Inc fluctuated during the period, with a general trend of decrease from March 2020 to December 2022, before showing slight improvement in the following quarters. This suggests varying levels of operational efficiency and cost management.
3. Pretax Margin: Allete Inc's pretax margin experienced fluctuations, with a significant increase from September 2023 to June 2024. This indicates the company's ability to manage operating expenses and generate earnings before taxes.
4. Net Profit Margin: The net profit margin of Allete Inc also showed fluctuations, with a general downward trend from September 2022 to September 2024. Despite the variations, the company maintained a relatively stable level of profitability, reflecting effective management of expenses and financial performance.
Overall, while Allete Inc has demonstrated strong profitability margins historically, there have been fluctuations in recent periods, highlighting the importance of continuous monitoring and strategic decision-making to sustain and improve profitability levels.
Return on investment
| 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 return on assets (Operating ROA) | 2.37% | 2.45% | 2.34% | 2.72% | 2.72% | 2.58% | 2.57% | 1.93% | 1.96% | 2.19% | 2.17% | 2.48% | 2.36% | 1.97% | 2.15% | 1.91% | 2.27% | 2.79% | 2.77% | 3.26% |
| Return on assets (ROA) | 2.65% | 2.67% | 3.32% | 3.63% | 3.71% | 3.72% | 2.97% | 2.70% | 2.77% | 2.91% | 2.83% | 2.80% | 2.63% | 2.30% | 2.52% | 2.40% | 2.72% | 3.01% | 2.90% | 3.23% |
| Return on total capital | 4.13% | 5.00% | 6.77% | 7.66% | 7.93% | 7.53% | 5.79% | 5.18% | 5.38% | 5.65% | 5.62% | 5.67% | 5.07% | 4.52% | 4.81% | 4.48% | 4.83% | 5.42% | 5.59% | 6.05% |
| Return on equity (ROE) | 6.30% | 6.36% | 7.84% | 8.49% | 8.79% | 8.87% | 7.14% | 6.67% | 7.03% | 7.44% | 7.22% | 7.50% | 7.04% | 6.22% | 6.83% | 6.50% | 7.21% | 7.75% | 7.38% | 7.99% |
Allete Inc's profitability ratios have shown fluctuations over the timeframe provided.
- Operating return on assets (Operating ROA) ranged from 1.91% to 3.26% during the period, indicating the company generated between 1.91% and 3.26% in operating income for every dollar of assets.
- Return on assets (ROA) varied from 2.40% to 3.72%, suggesting that Allete Inc generated between 2.40% and 3.72% in net income for every dollar of assets.
- Return on total capital ranged from 4.13% to 7.93%, highlighting the company's ability to generate between 4.13% and 7.93% in income for every dollar of total capital employed.
- Return on equity (ROE) fluctuated between 6.30% and 8.87%, indicating the company generated between 6.30% and 8.87% in net income for every dollar of shareholder equity.
Overall, the profitability ratios of Allete Inc show varying performance levels over the period, suggesting fluctuations in efficiency and profitability.