Allete (ALE) - Market capitalization

Market cap: ₹318.03 Billion

As of December 2024 Allete has a market cap of ₹318.03 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	₹318.03 B	8.68%
2023	₹292.64 B	-4.1%
2022	₹305.14 B	17.53%
2021	₹259.62 B	10.27%
2020	₹235.44 B	-21.29%
2019	₹299.13 B	8.99%
2018	₹274.46 B	13.26%
2017	₹242.33 B	12.32%
2016	₹215.75 B	30.09%
2015	₹165.85 B	3.4%
2014	₹160.40 B	25.73%
2013	₹127.57 B	44.31%
2012	₹88.40 B	8.15%
2011	₹81.74 B	36.76%
2010	₹59.77 B	11.98%
2009	₹53.37 B	8.8%
2008	₹49.06 B	2.55%
2007	₹47.84 B	-23.65%
2006	₹62.66 B	5.14%
2005	₹59.59 B	26.08%
2004	₹47.26 B	-61.14%
2003	₹121.64 B	30.64%
2002	₹93.10 B	-8.74%
2001	₹102.02 B	17.94%
2000	₹86.50 B	59.93%
1999	₹54.09 B	-20.13%
1998	₹67.72 B

End of Day market cap according to different sources

On Dec 21st, 2024 the market cap of Allete was reported to be:

₹318.03 Billion

by Nasdaq

₹318.03 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Alliant Energy LNT	₹1.289 T	305.61%	🇺🇸 USA
Xcel Energy XEL	₹3.300 T	937.83%	🇺🇸 USA
WEC Energy Group WEC	₹2.549 T	701.63%	🇺🇸 USA
Duke Energy DUK	₹7.133 T	2,142.88%	🇺🇸 USA
Exelon Corporation EXC	₹3.172 T	897.47%	🇺🇸 USA
Ameren AEE	₹2.032 T	539.10%	🇺🇸 USA
Atlantic Power Corporation AT	₹23.02 B	-92.76%	🇺🇸 USA
Nextera Energy NEE	₹12.568 T	3,851.98%	🇺🇸 USA
NorthWestern Corporation NWE	₹275.03 B	-13.52%	🇺🇸 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: ₹318.03 Billion