Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity
Allete, Inc. (ALE) had Return on Tangible Equity of 0.61% for the most recently reported fiscal quarter, ending 2024-06-30.
Income Statement Financials | |
$354.50M |
|
$33.00M |
|
$139.10M |
|
$215.40M |
|
$325.10M |
|
$29.40M |
|
$-8.30M |
|
$21.10M |
|
$21.10M |
|
$19.70M |
|
$19.70M |
|
$19.70M |
|
$19.70M |
|
$29.40M |
|
$95.80M |
|
57.70M |
|
57.80M |
|
$0.57 |
|
$0.57 |
|
Balance Sheet Financials | |
$432.20M |
|
$5.08B |
|
$6.23B |
|
$6.66B |
|
$297.60M |
|
$1.75B |
|
$2.97B |
|
$3.27B |
|
$3.39B |
|
$3.24B |
|
$3.39B |
|
57.80M |
|
Cash Flow Statement Financials | |
$176.50M |
|
$-136.80M |
|
$-75.40M |
|
$79.40M |
|
$43.70M |
|
$-35.70M |
|
$3.70M |
|
$-81.30M |
|
-- |
|
Fundamental Metrics & Ratios | |
1.45 |
|
-- |
|
-- |
|
0.34 |
|
0.53 |
|
60.76% |
|
8.29% |
|
8.29% |
|
-- |
|
5.95% |
|
9.31% |
|
$42.50M |
|
-- |
|
-- |
|
-- |
|
0.05 |
|
0.75 |
|
2.67 |
|
33.77 |
|
0.58% |
|
Return on Tangible Equity |
0.61% |
0.30% |
|
0.38% |
|
$58.73 |
|
$0.74 |
|
$3.05 |