Last quarter (Q4 2023), Allete's total revenue was $402.70M, a decrease of -5.43% from the same quarter last year. In Q4, Allete's net income was $51.50M. See Allete’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 1.88B	$ 1.88B	$ 1.57B	$ 1.42B	$ 1.17B	$ 1.24B
Cost of Revenue	$ 473.50M	$ 473.50M	$ 182.80M	$ -68.80M	$ 744.30M	$ 805.40M
Gross Profit	$ 1.81B	$ 1.41B	$ 1.39B	$ 1.42B	$ 424.80M	$ 435.10M
Operating Expense	$ 654.30M	$ 654.30M	$ 631.50M	$ 561.40M	$ 273.90M	$ 255.30M
Operating Income	$ 1.02B	$ 180.90M	$ 134.20M	$ 857.80M	$ 150.90M	$ 179.80M
Net Non Operating Interest Income Expense	$ -80.80M	$ -80.80M	$ -75.20M	$ -69.10M	$ -64.00M	$ -60.50M
Other Income Expense	$ -106.70M	$ -106.70M	$ -41.10M	$ -28.70M	$ 35.20M	$ 59.60M
Pretax Income	$ 206.80M	$ 206.80M	$ 100.10M	$ 110.90M	$ 122.10M	$ 178.90M
Tax Provision	$ 27.90M	$ 27.90M	$ -31.20M	$ -26.90M	$ -39.50M	$ -6.60M
Earnings From Equity Interest Net Of Tax	$ 21.70M	$ 21.70M	$ 18.70M	$ 20.00M	-	-
Net Income Common Stockholders	$ 946.20M	$ 247.10M	$ 994.30M	$ 875.70M	$ 174.20M	$ 185.60M
Basic EPS	$ 4.32	$ 4.31	$ 3.38	$ 3.23	$ 3.36	$ 3.59
Diluted EPS	$ 4.31	$ 4.30	$ 3.38	$ 3.23	$ 3.35	$ 3.59
Basic Average Shares	$ 229.20M	$ 57.30M	$ 55.90M	$ 52.40M	$ 51.90M	$ 51.60M
Diluted Average Shares	$ 229.60M	$ 57.40M	$ 56.00M	$ 52.50M	$ 51.90M	$ 51.70M
Dividend Per Share	$ 2.71	$ 2.71	$ 2.60	-	$ 2.47	$ 2.35
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 1.13B	$ 1.13B	$ 448.70M	$ 492.60M	$ 1.02B	$ 1.06B
Interest Expense	-	-	-	-	$ 65.60M	$ 64.90M
Net Income From Continuing And Discontinued Operation	$ 247.10M	$ 247.10M	$ 189.30M	$ 875.70M	$ 174.20M	$ 185.60M
Normalized Income	$ 110.13M	-	-	-	$ 172.52M	$ 165.16M
EBIT	$ 287.60M	$ 287.60M	$ 175.30M	$ 180.00M	$ 187.70M	$ 243.80M
EBITDA	$ 546.40M	$ 546.40M	$ 425.60M	$ 421.50M	$ 415.80M	$ 456.10M

Currency in USD

Allete Earnings and Revenue History

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