Allete Inc (ALE) — Cash Flow Quality Index

Latest as of June 2025: 1.24x

Allete Inc (ALE) has a Cash Flow Quality Index of 1.24x as of June 2025. Operating cash flow of $39.40 Million exceeds net income of $31.90 Million, indicating high earnings quality where cash backs reported profits. Explore Allete Inc operating cash flow efficiency to assess how effectively this company generates cash.

Cash Flow Quality Index

1.24x
Operating CF / Net Income

Operating Cash Flow

$39.40 Million
USD

Net Income

$31.90 Million
USD

Data as of

Jun 2025
Most recent filing

Allete Inc Cash Flow Quality Index (1994–2024)

Historical Cash Flow Quality Index for Allete Inc across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Allete Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Allete Inc (1994–2024)

Year-by-year earnings quality comparison for Allete Inc. For live market cap and the full company financial profile, see ALE market cap overview.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 3.76x $457.10 Million $121.70 Million ▲ +58.6%
2023 2.37x $585.30 Million $247.10 Million ▲ +40.5%
2022 1.69x $221.30 Million $131.30 Million ▼ -11.9%
2021 1.91x $263.50 Million $137.80 Million ▲ +3.1%
2020 1.86x $299.80 Million $161.60 Million ▲ +37.9%
2019 1.35x $249.50 Million $185.50 Million ▼ -45.9%
2018 2.49x $433.10 Million $174.10 Million ▲ +6.3%
2017 2.34x $402.90 Million $172.20 Million ▲ +9.8%
2016 2.13x $332.00 Million $155.80 Million ▼ -11.3%
2015 2.40x $340.10 Million $141.50 Million ▲ +11.8%
2014 2.15x $269.80 Million $125.50 Million ▼ -6.0%
2013 2.29x $239.40 Million $104.70 Million ▼ -7.3%
2012 2.47x $239.60 Million $97.10 Million ▼ -4.4%
2011 2.58x $241.70 Million $93.60 Million ▼ -15.5%
2010 3.06x $228.70 Million $74.80 Million ▲ +35.1%
2009 2.26x $137.40 Million $60.70 Million ▲ +22.8%
2008 1.84x $152.10 Million $82.50 Million ▲ +31.2%
2007 1.41x $123.10 Million $87.60 Million ▼ -24.7%
2006 1.87x $142.50 Million $76.40 Million ▼ -38.6%
2005 3.04x $53.50 Million $17.60 Million ▼ -43.5%
2004 5.38x $168.50 Million $31.30 Million ▲ +417.8%
2003 1.04x $245.80 Million $236.40 Million ▼ -68.5%
2002 3.30x $453.00 Million $137.20 Million ▲ +342.0%
2001 0.75x $103.60 Million $138.70 Million ▼ -59.7%
2000 1.85x $275.50 Million $148.60 Million ▼ -27.5%
1999 2.56x $173.80 Million $68.00 Million ▲ +54.6%
1998 1.65x $146.30 Million $88.50 Million ▲ +9.4%
1997 1.51x $117.30 Million $77.60 Million ▲ +35.8%
1996 1.11x $77.00 Million $69.20 Million ▼ -41.9%
1995 1.91x $124.00 Million $64.80 Million ▲ +0.7%
1994 1.90x $116.50 Million $61.30 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.