Allete
ALE
#3144
Rank
โ‚ฌ3.48 B
Marketcap
60,21ย โ‚ฌ
Share price
-0.06%
Change (1 day)
12.92%
Change (1 year)

Operating Margin for Allete (ALE)

Operating Margin as of March 2025 (TTM): 8.26%

According to Allete's latest financial reports and stock price the company's current Operating Margin is 8.26%. At the end of 2024 the company had an Operating Margin of 8.26%.

Operating Margin history for Allete from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20248.26%-24.89%
202311.00%72.62%
20226.37%-18.44%
20217.81%-25.18%
202010.44%-27.58%
201914.42%36.27%
201810.58%-19.63%
201713.17%0.47%
201613.11%16.8%
201511.22%-21.35%
201414.27%8.93%
201313.10%-6.8%
201214.06%0.98%
201113.92%6%
201013.13%8.94%
200912.05%-23.62%
200815.78%-1.83%
200716.07%-0.24%
200616.11%594.82%
20052.32%-70.26%
20047.80%9.66%
20037.11%23.57%
20025.75%-57.07%
200113.40%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.46% 75.06%๐Ÿ‡บ๐Ÿ‡ธ USA
11.41% 38.14%๐Ÿ‡บ๐Ÿ‡ธ USA
29.78% 260.53%๐Ÿ‡บ๐Ÿ‡ธ USA
17.10% 107.02%๐Ÿ‡บ๐Ÿ‡ธ USA
11.58% 40.19%๐Ÿ‡บ๐Ÿ‡ธ USA
16.66% 101.69%๐Ÿ‡บ๐Ÿ‡ธ USA
29.02% 251.32%๐Ÿ‡บ๐Ÿ‡ธ USA
24.38% 195.16%๐Ÿ‡บ๐Ÿ‡ธ USA
14.18% 71.67%๐Ÿ‡บ๐Ÿ‡ธ 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.