Allete Inc (ALE) — Capital Reinvestment Ratio
Latest as of September 2025:
2.68x
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). See Allete Inc (ALE) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
2.68x
Capex / Operating Cash Flow
Operating Cash Flow
$103.40 Million
USD
Capital Expenditures
$277.60 Million
USD
Data as of
Sep 2025
Most recent filing
Allete Inc Capital Reinvestment Ratio (1994–2024)
This chart tracks Allete Inc's Capital Reinvestment Ratio across 31 annual periods.
Annual Capital Reinvestment Ratio for Allete Inc (1994–2024)
Year-by-year Capital Reinvestment Ratio for Allete Inc from 1994 to 2024. For live market cap and broader valuation context, see ALE stock market capitalisation.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow