Allete (ALE) - Market capitalization

Market cap: C$5.35 Billion

As of December 2024 Allete has a market cap of C$5.35 Billion. This makes Allete the world's 3185th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Allete from 1998 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	C$5.35 B	14.93%
2023	C$4.66 B	-6.82%
2022	C$5.00 B	12.56%
2021	C$4.44 B	8.3%
2020	C$4.10 B	-25.08%
2019	C$5.47 B	2.46%
2018	C$5.34 B	12.06%
2017	C$4.77 B	11.83%
2016	C$4.26 B	23.24%
2015	C$3.46 B	17.88%
2014	C$2.93 B	33.61%
2013	C$2.19 B	36.91%
2012	C$1.60 B	2.15%
2011	C$1.57 B	17.88%
2010	C$1.33 B	10.16%
2009	C$1.21 B	-2.47%
2008	C$1.24 B	2.05%
2007	C$1.21 B	-26.17%
2006	C$1.64 B	6.83%
2005	C$1.54 B	17.62%
2004	C$1.31 B	-62.17%
2003	C$3.46 B	13.01%
2002	C$3.06 B	-8.96%
2001	C$3.36 B	21.3%
2000	C$2.77 B	54.74%
1999	C$1.79 B	-26.72%
1998	C$2.44 B

End of Day market cap according to different sources

On Dec 30th, 2024 the market cap of Allete was reported to be:

C$5.35 Billion

by Nasdaq

C$5.35 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Alliant Energy LNT	C$21.83 B	307.40%	🇺🇸 USA
Xcel Energy XEL	C$55.66 B	938.66%	🇺🇸 USA
WEC Energy Group WEC	C$42.74 B	697.56%	🇺🇸 USA
Duke Energy DUK	C$119.31 B	2,126.59%	🇺🇸 USA
Exelon Corporation EXC	C$54.22 B	911.86%	🇺🇸 USA
Ameren AEE	C$34.30 B	540.17%	🇺🇸 USA
Atlantic Power Corporation AT	C$0.38 B	-92.78%	🇺🇸 USA
Nextera Energy NEE	C$211.62 B	3,848.98%	🇺🇸 USA
NorthWestern Corporation NWE	C$4.70 B	-12.14%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Allete (ALE)

Market cap: C$5.35 Billion