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). Check Allete Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see ALE cash flow metrics.
Annual Financial Flexibility Index for Allete Inc (1994–2024)
Year-by-year free cash flow to debt coverage for Allete Inc. Explore Allete Inc (ALE) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| 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 | — |