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. See ALE net asset quality score to measure how much of total assets are equity-financed.
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. Check earnings quality score of Allete Inc to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Trex Company Inc
NYSE:TREX
|
-0.119x |
|
Tsingtao Brewery Company Limited
F:TSI
|
0.091x |
|
Caesars Entertainment Corporation
NASDAQ:CZR
|
0.080x |
|
Crinetics Pharmaceuticals Inc
NASDAQ:CRNX
|
-0.097x |
|
Worley Ltd
AU:WOR
|
0.028x |
|
Veradermics, Incorporated
NYSE:MANE
|
-0.054x |
|
CVB Financial Corporation
NASDAQ:CVBF
|
0.027x |
|
PennyMac Finl Svcs Inc
NYSE:PFSI
|
-0.288x |
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 Allete Inc market cap and net 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