Allete Inc (ALE) — Capital Reinvestment Ratio
Allete Inc (ALE) has a Capital Reinvestment Ratio of 2.68x as of September 2025, meaning it reinvests 3% of its operating cash flow ($103.40 Million) in capital expenditures ($277.60 Million). Check ALE tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Allete Inc Capital Reinvestment Ratio (1994–2024)
This chart tracks Allete Inc's Capital Reinvestment Ratio across 31 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Allete Inc.
Annual Capital Reinvestment Ratio for Allete Inc (1994–2024)
Year-by-year Capital Reinvestment Ratio for Allete Inc from 1994 to 2024. See how much free cash does Allete Inc generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.78x | $457.10 Million | $354.90 Million | ▲ +67.6% |
| 2023 | 0.46x | $585.30 Million | $271.20 Million | ▼ -53.5% |
| 2022 | 1.00x | $221.30 Million | $220.50 Million | ▼ -44.5% |
| 2021 | 1.80x | $263.50 Million | $473.30 Million | ▼ -25.0% |
| 2020 | 2.39x | $299.80 Million | $717.80 Million | ▲ +0.0% |
| 2019 | 2.39x | $249.50 Million | $597.10 Million | ▲ +231.8% |
| 2018 | 0.72x | $433.10 Million | $312.40 Million | ▲ +39.4% |
| 2017 | 0.52x | $402.90 Million | $208.50 Million | ▼ -35.3% |
| 2016 | 0.80x | $332.00 Million | $265.60 Million | ▼ -5.1% |
| 2015 | 0.84x | $340.10 Million | $286.80 Million | ▼ -62.0% |
| 2014 | 2.22x | $269.80 Million | $598.50 Million | ▲ +61.7% |
| 2013 | 1.37x | $239.40 Million | $328.50 Million | ▼ -19.0% |
| 2012 | 1.69x | $239.60 Million | $405.80 Million | ▲ +71.1% |
| 2011 | 0.99x | $241.70 Million | $239.20 Million | ▼ -9.1% |
| 2010 | 1.09x | $228.70 Million | $248.90 Million | ▼ -53.0% |
| 2009 | 2.32x | $137.40 Million | $318.50 Million | ▲ +17.1% |
| 2008 | 1.98x | $152.10 Million | $301.10 Million | ▲ +15.9% |
| 2007 | 1.71x | $123.10 Million | $210.20 Million | ▲ +137.9% |
| 2006 | 0.72x | $142.50 Million | $102.30 Million | ▼ -34.5% |
| 2005 | 1.10x | $53.50 Million | $58.60 Million | ▲ +193.0% |
| 2004 | 0.37x | $168.50 Million | $63.00 Million | ▼ -49.3% |
| 2003 | 0.74x | $245.80 Million | $181.30 Million | ▲ +62.4% |
| 2002 | 0.45x | $453.00 Million | $205.80 Million | ▼ -69.2% |
| 2001 | 1.48x | $103.60 Million | $153.00 Million | ▲ +141.2% |
| 2000 | 0.61x | $275.50 Million | $168.70 Million | ▲ +6.7% |
| 1999 | 0.57x | $173.80 Million | $99.70 Million | ▲ +3.9% |
| 1998 | 0.55x | $146.30 Million | $80.80 Million | ▲ +21.5% |
| 1997 | 0.45x | $117.30 Million | $53.30 Million | ▼ -62.8% |
| 1996 | 1.22x | $77.00 Million | $94.10 Million | ▲ +28.7% |
| 1995 | 0.95x | $124.00 Million | $117.70 Million | ▲ +37.9% |
| 1994 | 0.69x | $116.50 Million | $80.20 Million | — |