Allete Inc (ALE) — Financial Flexibility Index
Allete Inc (ALE) has a Financial Flexibility Index of 0.10x as of September 2025. Free cash flow of $381.00 Million (operating CF $103.40 Million minus capex $277.60 Million) represents 0% of total liabilities ($3.81 Billion). Also explore net asset momentum of Allete Inc to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Allete Inc Financial Flexibility Index (1994–2024)
Historical Financial Flexibility Index trend for Allete Inc across 31 annual periods. Check ALE PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Allete Inc (1994–2024)
Year-by-year free cash flow to debt coverage for Allete Inc. For the full company profile including market capitalisation, see Allete Inc market cap and net worth.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.20x | $812.00 Million | $457.10 Million | $4.00 Billion | ▼ -6.2% |
| 2023 | 0.22x | $856.50 Million | $585.30 Million | $3.96 Billion | ▲ +108.7% |
| 2022 | 0.10x | $441.80 Million | $221.30 Million | $4.26 Billion | ▼ -40.5% |
| 2021 | 0.17x | $736.80 Million | $263.50 Million | $4.23 Billion | ▼ -31.3% |
| 2020 | 0.25x | $1.02 Billion | $299.80 Million | $4.01 Billion | ▲ +14.7% |
| 2019 | 0.22x | $846.60 Million | $249.50 Million | $3.83 Billion | ▲ +9.9% |
| 2018 | 0.20x | $745.50 Million | $433.10 Million | $3.70 Billion | ▲ +21.9% |
| 2017 | 0.17x | $611.40 Million | $402.90 Million | $3.70 Billion | ▲ +1.8% |
| 2016 | 0.16x | $597.60 Million | $332.00 Million | $3.68 Billion | ▼ -20.1% |
| 2015 | 0.20x | $626.90 Million | $340.10 Million | $3.08 Billion | ▼ -35.6% |
| 2014 | 0.32x | $868.30 Million | $269.80 Million | $2.75 Billion | ▲ +18.7% |
| 2013 | 0.27x | $567.90 Million | $239.40 Million | $2.13 Billion | ▼ -15.4% |
| 2012 | 0.31x | $645.40 Million | $239.60 Million | $2.05 Billion | ▲ +17.5% |
| 2011 | 0.27x | $480.90 Million | $241.70 Million | $1.80 Billion | ▼ -9.0% |
| 2010 | 0.29x | $477.60 Million | $228.70 Million | $1.62 Billion | ▼ -6.2% |
| 2009 | 0.31x | $455.90 Million | $137.40 Million | $1.45 Billion | ▼ -10.2% |
| 2008 | 0.35x | $453.20 Million | $152.10 Million | $1.30 Billion | ▼ -6.5% |
| 2007 | 0.37x | $333.30 Million | $123.10 Million | $892.30 Million | ▲ +31.3% |
| 2006 | 0.28x | $244.80 Million | $142.50 Million | $860.20 Million | ▲ +92.5% |
| 2005 | 0.15x | $112.10 Million | $53.50 Million | $758.20 Million | ▼ -48.8% |
| 2004 | 0.29x | $231.50 Million | $168.50 Million | $800.90 Million | ▲ +11.1% |
| 2003 | 0.26x | $427.10 Million | $245.80 Million | $1.64 Billion | ▼ -24.4% |
| 2002 | 0.34x | $658.80 Million | $453.00 Million | $1.91 Billion | ▲ +186.8% |
| 2001 | 0.12x | $256.60 Million | $103.60 Million | $2.14 Billion | ▼ -45.6% |
| 2000 | 0.22x | $444.20 Million | $275.50 Million | $2.01 Billion | ▲ +19.0% |
| 1999 | 0.19x | $273.50 Million | $173.80 Million | $1.48 Billion | ▲ +22.4% |
| 1998 | 0.15x | $227.10 Million | $146.30 Million | $1.50 Billion | ▲ +32.2% |
| 1997 | 0.11x | $170.60 Million | $117.30 Million | $1.49 Billion | ▲ +0.6% |
| 1996 | 0.11x | $171.10 Million | $77.00 Million | $1.50 Billion | ▼ -38.1% |
| 1995 | 0.18x | $241.70 Million | $124.00 Million | $1.31 Billion | ▲ +11.9% |
| 1994 | 0.16x | $196.70 Million | $116.50 Million | $1.20 Billion | — |