Allete Inc (ALE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Allete Inc (ALE) has a cash flow conversion efficiency ratio of 0.031x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($103.40 Million) by net assets ($3.34 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Allete Inc - Cash Flow Conversion Efficiency Trend (1994–2024)
This chart illustrates how Allete Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Allete Inc total liabilities for a breakdown of total debt and financial obligations.
Allete Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Allete Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Asbury Automotive Group Inc
NYSE:ABG
|
0.079x |
|
H&R Block Inc
NYSE:HRB
|
0.648x |
|
Caesars Entertainment Corporation
NASDAQ:CZR
|
0.080x |
|
Shake Shack Inc
NYSE:SHAK
|
0.114x |
|
Oscar Health Inc
NYSE:OSCR
|
0.685x |
|
Scorpio Tankers Inc
NYSE:STNG
|
0.052x |
|
Aris Mining Corporation
NYSE MKT:ARMN
|
0.070x |
|
Bath & Body Works Inc.
NYSE:BBWI
|
-0.050x |
Annual Cash Flow Conversion Efficiency for Allete Inc (1994–2024)
The table below shows the annual cash flow conversion efficiency of Allete Inc from 1994 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Allete Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $3.39 Billion | $457.10 Million | 0.135x | -21.52% |
| 2023-12-31 | $3.41 Billion | $585.30 Million | 0.172x | +159.92% |
| 2022-12-31 | $3.35 Billion | $221.30 Million | 0.066x | -26.32% |
| 2021-12-31 | $2.94 Billion | $263.50 Million | 0.090x | -16.22% |
| 2020-12-31 | $2.80 Billion | $299.80 Million | 0.107x | +0.22% |
| 2019-12-31 | $2.34 Billion | $249.50 Million | 0.107x | -46.83% |
| 2018-12-31 | $2.16 Billion | $433.10 Million | 0.201x | +3.13% |
| 2017-12-31 | $2.07 Billion | $402.90 Million | 0.195x | +11.08% |
| 2016-12-31 | $1.89 Billion | $332.00 Million | 0.175x | -6.02% |
| 2015-12-31 | $1.82 Billion | $340.10 Million | 0.187x | +11.45% |
| 2014-12-31 | $1.61 Billion | $269.80 Million | 0.167x | -6.07% |
| 2013-12-31 | $1.34 Billion | $239.40 Million | 0.178x | -10.64% |
| 2012-12-31 | $1.20 Billion | $239.60 Million | 0.200x | -10.91% |
| 2011-12-31 | $1.08 Billion | $241.70 Million | 0.224x | -3.55% |
| 2010-12-31 | $985.00 Million | $228.70 Million | 0.232x | +58.68% |
| 2009-12-31 | $939.00 Million | $137.40 Million | 0.146x | -19.49% |
| 2008-12-31 | $836.90 Million | $152.10 Million | 0.182x | +11.01% |
| 2007-12-31 | $751.90 Million | $123.10 Million | 0.164x | -22.66% |
| 2006-12-31 | $673.20 Million | $142.50 Million | 0.212x | +140.87% |
| 2005-12-31 | $608.80 Million | $53.50 Million | 0.088x | -67.12% |
| 2004-12-31 | $630.50 Million | $168.50 Million | 0.267x | +58.76% |
| 2003-12-31 | $1.46 Billion | $245.80 Million | 0.168x | -54.20% |
| 2002-12-31 | $1.23 Billion | $453.00 Million | 0.368x | +305.82% |
| 2001-12-31 | $1.14 Billion | $103.60 Million | 0.091x | -70.38% |
| 2000-12-31 | $900.80 Million | $275.50 Million | 0.306x | +47.34% |
| 1999-12-31 | $837.30 Million | $173.80 Million | 0.208x | +15.93% |
| 1998-12-31 | $817.10 Million | $146.30 Million | 0.179x | +4.16% |
| 1997-12-31 | $682.40 Million | $117.30 Million | 0.172x | +43.39% |
| 1996-12-31 | $642.30 Million | $77.00 Million | 0.120x | -38.84% |
| 1995-12-31 | $632.60 Million | $124.00 Million | 0.196x | +2.67% |
| 1994-12-31 | $610.20 Million | $116.50 Million | 0.191x | -- |
About Allete Inc
ALLETE, Inc. operates as an energy company. The company operates in two segments, Regulated Operations and ALLETE Clean Energy. It generates electricity from coal-fired, biomass co-fired/natural gas, hydro, wind, and solar. The company also provides regulated utility electric services in northeastern Minnesota to approximately 150,000 retail customers and 14 non-affiliated municipal customers in … Read more