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 ALE capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
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. See Allete Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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 | — |