Allete Inc Cash Flow Conversion Efficiency
Allete Inc 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.
Cash Flow Conversion Efficiency of Allete Inc (1994–2024)
Cash flow conversion efficiency of Allete Inc from 1994 to 2024. This chart illustrates how Allete Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Allete Inc for real-time trading data and today's change.
Allete Inc Cash Flow Conversion Ratio Explained
Allete Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Allete Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Allete Inc ranked by their cash flow conversion efficiency. Also see ALE company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PTC INDUSTRIES LTD
NSE:PTCIL
|
-0.027x |
|
Trex Company Inc
NYSE:TREX
|
-0.119x |
|
Hubei Jumpcan Pharmaceutical Co Ltd
SHG:600566
|
-0.018x |
|
Shandong Xinchao Energy Co Ltd
SHG:600777
|
0.063x |
|
Sezzle Inc.
NASDAQ:SEZL
|
0.224x |
|
Veradermics, Incorporated
NYSE:MANE
|
-0.054x |
|
Soitec SA
PA:SOI
|
0.017x |
|
Oscar Health Inc
NYSE:OSCR
|
0.685x |
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. Review ALE cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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