Allete
ALE
₹5,646
Share price
-0.06%
Change (1 day)
15.41%
Change (1 year)
Categories
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 |
|---|---|---|
| 2024 | 8.26% | -24.89% |
| 2023 | 11.00% | 72.62% |
| 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% | -23.62% |
| 2008 | 15.78% | -1.83% |
| 2007 | 16.07% | -0.24% |
| 2006 | 16.11% | 594.82% |
| 2005 | 2.32% | -70.26% |
| 2004 | 7.80% | 9.66% |
| 2003 | 7.11% | 23.57% |
| 2002 | 5.75% | -57.07% |
| 2001 | 13.40% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 | 14.46% | 75.06% | 🇺🇸 USA |
 | 11.41% | 38.14% | 🇺🇸 USA |
 | 20.30% | 145.76% | 🇺🇸 USA |
 | 17.10% | 107.02% | 🇺🇸 USA |
 | 11.58% | 40.19% | 🇺🇸 USA |
 | 16.66% | 101.69% | 🇺🇸 USA |
 | 29.02% | 251.32% | 🇺🇸 USA |
 | 24.38% | 195.16% | 🇺🇸 USA |
 | 14.18% | 71.67% | 🇺🇸 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.