ALE · As filed with the SEC
Allete income statement, by quarter
The statement as Allete presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENT OF INCOME Unaudited · USD, except per-share amounts
| USD, except per-share amounts | Q3 2025 3 months ended Sep 30, 2025 | Q2 2025 3 months ended Jun 30, 2025 | Q1 2025 3 months ended Mar 31, 2025 | Q4 2024† 3 months ended Dec 31, 2024 |
|---|---|---|---|---|
| Operating Revenue | ||||
| Contracts with Customers – Utility | 320,200,000 | 305,100,000 | 332,800,000 | 314,100,000† |
| Contracts with Customers – Non-utility | 53,300,000 | 53,800,000 | 65,900,000 | 49,500,000† |
| Other – Non-utility | 1,500,000 | 1,400,000 | 1,500,000 | 1,200,000† |
| Total Operating Revenue | 375,000,000 | 360,300,000 | 400,200,000 | 364,800,000† |
| Operating Expenses | ||||
| Fuel, Purchased Power and Gas – Utility | 120,400,000 | 113,300,000 | 123,000,000 | — |
| Transmission Services – Utility | 19,200,000 | 19,300,000 | 19,000,000 | 20,700,000† |
| Cost of Sales – Non-utility | 26,000,000 | 24,300,000 | 24,900,000 | 26,000,000† |
| Operating and Maintenance | 90,700,000 | 96,600,000 | 93,000,000 | 74,900,000† |
| Depreciation and Amortization | 72,500,000 | 73,200,000 | 69,700,000 | 69,700,000† |
| Taxes Other than Income Taxes | 16,600,000 | 15,600,000 | 17,600,000 | 15,100,000† |
| Total Operating Expenses | 345,400,000 | 342,300,000 | 347,200,000 | 326,700,000† |
| Operating Income | 29,600,000 | 18,000,000 | 53,000,000 | 38,100,000† |
| Other Income (Expense) | ||||
| Interest Expense | (25,600,000) | (23,100,000) | (21,400,000) | (20,900,000)† |
| Equity Earnings | 5,600,000 | 5,900,000 | 6,000,000 | 8,500,000† |
| Other | 5,300,000 | 5,200,000 | 4,600,000 | 3,000,000† |
| Total Other Expense | (14,700,000) | (12,000,000) | (10,800,000) | (9,400,000)† |
| Income Before Income Taxes | 14,900,000 | 6,000,000 | 42,200,000 | 28,700,000† |
| Income Tax Expense (Benefit) | 1,600,000 | (600,000) | 7,500,000 | (3,600,000)† |
| Net Income | 13,300,000 | 6,600,000 | 34,700,000 | 32,300,000† |
| Net Loss Attributable to Non-Controlling Interest | (13,800,000) | (25,300,000) | (21,400,000) | (18,300,000)† |
| Net Income Attributable to ALLETE | 27,100,000 | 31,900,000 | 56,100,000 | 50,600,000† |
| Average Shares of Common Stock | ||||
| Basic (in shares) | 58,100,000 | 58,000,000 | 57,900,000 | — |
| Diluted (in shares) | 58,200,000 | 58,100,000 | 58,000,000 | — |
| Basic Earnings Per Share of Common Stock (in usd per share) | 0.47 | 0.55 | 0.97 | — |
| Diluted Earnings Per Share of Common Stock (in usd per share) | 0.46 | 0.55 | 0.97 | — |
† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.