Pretax income is the income that a company earns before paying income taxes. ALLETE's pretax income for the
three
months ended in Dec. 2023 was $39 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $207 Mil.
ALLETE's pretax margin was 9.56%.
During the past 13 years, ALLETE's highest Pretax Margin was 14.42%. The lowest was 6.37%. And the median was 11.11%.
ALLETE Pre-Tax Income Historical Data
The historical data trend for ALLETE's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Diversified subindustry, ALLETE's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ALLETE's Pre-Tax Income Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, ALLETE's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where ALLETE's Pre-Tax Income falls into.
ALLETE Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
ALLETE's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $207 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ALLETE (NYSE:ALE) Pre-Tax Income Explanation
ALLETE's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, ALLETE's highest Pretax Margin was 14.42%. The lowest was 6.37%. And the median was 11.11%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ALLETE Pre-Tax Income Related Terms
Thank you for viewing the detailed overview of ALLETE's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.
ALLETE Inc is a provider of competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company's two reportable segments are 1) Regulated Operations includes the company's regulated utilities, Minnesota Power and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. 2) ALLETE Clean Energy focuses on developing, acquiring, and operating clean and renewable energy projects.
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