Founding Date | Founding Date 1997 | Founding Date 1906 |
Type | Type Public | Type Public |
Tags | ||
Locations | Locations Akron, US HQ | Locations Duluth, US HQ Annapolis, US Bismarck, US Salem, US |
Employees | Employees 11,1869% decrease | Employees 1,316 |
Valuation ($) | Valuation ($) 24.7 b | Valuation ($) 3.7 b |
Financial | ||
Revenue (est.) | Revenue (est.) $15.1b (FY, 2025) | Revenue (est.) $1.5b (FY, 2024) |
Cost of goods | Cost of goods $5.2b (FY, 2025) | Cost of goods $129.2m (FY, 2024) |
Gross profit | Gross profit $9.9b (FY, 2025) | Gross profit $1.4b (FY, 2024) |
Net income | Net income $1.3b (FY, 2025) | Net income $121.7m (FY, 2024) |

ALLETE is a provider of competitively-priced energy in the upper Midwest.
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