Allete (ALE) - Market capitalization

Market cap: £2.94 Billion

As of November 2024 Allete has a market cap of £2.94 Billion. This makes Allete the world's 3195th 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	£2.94 B	6.86%
2023	£2.75 B	-9.47%
2022	£3.04 B	17.95%
2021	£2.58 B	9.41%
2020	£2.36 B	-26.17%
2019	£3.19 B	3.45%
2018	£3.09 B	10.12%
2017	£2.80 B	9.14%
2016	£2.57 B	52.79%
2015	£1.68 B	3.6%
2014	£1.62 B	29.85%
2013	£1.25 B	25.32%
2012	£0.99 B	0.48%
2011	£0.99 B	15.06%
2010	£0.86 B	21.55%
2009	£0.71 B	2.07%
2008	£0.69 B	13.49%
2007	£0.61 B	-15.04%
2006	£0.72 B	-5.95%
2005	£0.76 B	35.09%
2004	£0.56 B	-61.93%
2003	£1.49 B	23.34%
2002	£1.21 B	-16.97%
2001	£1.45 B	17.43%
2000	£1.24 B	61.27%
1999	£0.77 B	-19.61%
1998	£0.95 B

End of Day market cap according to different sources

On Nov 16th, 2024 the market cap of Allete was reported to be:

£2.94 Billion

by Nasdaq

£2.94 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Alliant Energy LNT	£12.39 B	320.49%	🇺🇸 USA
Xcel Energy XEL	£31.60 B	971.87%	🇺🇸 USA
WEC Energy Group WEC	£24.56 B	732.96%	🇺🇸 USA
Duke Energy DUK	£68.65 B	2,228.51%	🇺🇸 USA
Exelon Corporation EXC	£31.13 B	956.07%	🇺🇸 USA
Ameren AEE	£19.29 B	554.33%	🇺🇸 USA
Atlantic Power Corporation AT	£0.21 B	-92.74%	🇺🇸 USA
Nextera Energy NEE	£124.40 B	4,119.20%	🇺🇸 USA
NorthWestern Corporation NWE	£2.68 B	-9.06%	🇺🇸 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: £2.94 Billion