Allete Inc (ALE) — Cash Flow Reinvestment Rate

Latest as of September 2025: 5.42x

Allete Inc (ALE) has a Cash Flow Reinvestment Rate of 5.42x as of September 2025, reinvesting $560.20 Million (capex $277.60 Million plus investments $-282.60 Million) from operating cash flow of $103.40 Million. See cash generation quality of Allete Inc to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

5.42x
(Capex + Investments) / Operating CF

Total Reinvested

$560.20 Million
Capex + Investments

Operating Cash Flow

$103.40 Million
USD

Capital Expenditures

$277.60 Million
USD

Allete Inc Cash Flow Reinvestment Rate (1994–2024)

Historical reinvestment intensity for Allete Inc across 31 annual periods. For the full cash flow conversion analysis, see Allete Inc (ALE) cash flow conversion.

Annual Cash Flow Reinvestment Rate for Allete Inc (1994–2024)

Year-by-year capital reinvestment analysis for Allete Inc. See ALE financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 1.52x $695.60 Million $457.10 Million $354.90 Million ▲ +63.5%
2023 0.93x $544.70 Million $585.30 Million $271.20 Million ▼ -9.1%
2022 1.02x $226.60 Million $221.30 Million $220.50 Million ▼ -44.7%
2021 1.85x $488.10 Million $263.50 Million $473.30 Million ▼ -31.7%
2020 2.71x $812.80 Million $299.80 Million $717.80 Million ▲ +7.9%
2019 2.51x $626.80 Million $249.50 Million $597.10 Million ▲ +206.8%
2018 0.82x $354.70 Million $433.10 Million $312.40 Million ▲ +53.6%
2017 0.53x $214.80 Million $402.90 Million $208.50 Million ▼ -34.8%
2016 0.82x $271.40 Million $332.00 Million $265.60 Million ▼ -3.8%
2015 0.85x $289.00 Million $340.10 Million $286.80 Million ▼ -62.0%
2014 2.24x $603.80 Million $269.80 Million $598.50 Million ▲ +59.1%
2013 1.41x $336.80 Million $239.40 Million $328.50 Million ▼ -17.9%
2012 1.71x $410.80 Million $239.60 Million $405.80 Million ▲ +69.4%
2011 1.01x $244.70 Million $241.70 Million $239.20 Million ▼ -7.6%
2010 1.10x $250.60 Million $228.70 Million $248.90 Million ▼ -52.7%
2009 2.32x $318.50 Million $137.40 Million $318.50 Million ▲ +17.1%
2008 1.98x $301.10 Million $152.10 Million $301.10 Million ▲ +15.9%
2007 1.71x $210.20 Million $123.10 Million $210.20 Million ▲ +137.9%
2006 0.72x $102.30 Million $142.50 Million $102.30 Million ▼ -34.5%
2005 1.10x $58.60 Million $53.50 Million $58.60 Million ▲ +193.0%
2004 0.37x $63.00 Million $168.50 Million $63.00 Million ▼ -49.3%
2003 0.74x $181.30 Million $245.80 Million $181.30 Million ▲ +62.4%
2002 0.45x $205.80 Million $453.00 Million $205.80 Million ▼ -69.2%
2001 1.48x $153.00 Million $103.60 Million $153.00 Million ▲ +141.2%
2000 0.61x $168.70 Million $275.50 Million $168.70 Million ▲ +6.7%
1999 0.57x $99.70 Million $173.80 Million $99.70 Million ▲ +3.9%
1998 0.55x $80.80 Million $146.30 Million $80.80 Million ▲ +21.5%
1997 0.45x $53.30 Million $117.30 Million $53.30 Million ▼ -62.8%
1996 1.22x $94.10 Million $77.00 Million $94.10 Million ▲ +28.7%
1995 0.95x $117.70 Million $124.00 Million $117.70 Million ▲ +37.9%
1994 0.69x $80.20 Million $116.50 Million $80.20 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow