Allete
ALE
$59.80
Share price
-0.27%
Change (1 day)
-6.25%
Change (1 year)
Categories
Operating Margin for Allete (ALE)
Operating Margin as of April 2024 (TTM): 6.37%
According to Allete's latest financial reports and stock price the company's current Operating Margin is 6.37%. At the end of 2022 the company had an Operating Margin of 6.37%.
Operating Margin history for Allete from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 6.37% | -18.44% |
| 2021 | 7.81% | -25.18% |
| 2020 | 10.44% | -27.58% |
| 2019 | 14.42% | 36.27% |
| 2018 | 10.58% | -19.63% |
| 2017 | 13.17% | 0.47% |
| 2016 | 13.11% | 16.8% |
| 2015 | 11.22% | -21.35% |
| 2014 | 14.27% | 8.93% |
| 2013 | 13.10% | -6.8% |
| 2012 | 14.06% | 0.98% |
| 2011 | 13.92% | 6% |
| 2010 | 13.13% | 8.94% |
| 2009 | 12.05% | -23.31% |
| 2008 | 15.72% | -2.22% |
| 2007 | 16.07% | -0.24% |
| 2006 | 16.11% | 594.82% |
| 2005 | 2.32% | -68.83% |
| 2004 | 7.44% | -48.75% |
| 2003 | 14.52% | 14.17% |
| 2002 | 12.71% | -3.74% |
| 2001 | 13.21% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Alliant Energy LNT | 16.83% | 164.21% | 🇺🇸 USA |
 Ameren
AEE | 15.77% | 147.57% | 🇺🇸 USA |
 Exelon Corporation EXC | 12.59% | 97.65% | 🇺🇸 USA |
 WEC Energy Group WEC | 17.31% | 171.74% | 🇺🇸 USA |
 Nextera Energy NEE | 18.28% | 186.97% | 🇺🇸 USA |
 Duke Energy DUK | 14.78% | 132.03% | 🇺🇸 USA |
 Xcel Energy XEL | 10.45% | 64.05% | 🇺🇸 USA |
 NorthWestern Corporation
NWE | 12.28% | 92.78% | 🇺🇸 USA |
 Atlantic Power Corporation
AT | 29.02% | 355.56% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.