ALLETE Stock

ALLETE Employees 2025

ALLETE Employees

1,339

Ticker

ALE

ISIN

US0185223007

WKN

A0DJ2T

In 2025, ALLETE employed 1,339 people, a 0% change from the 1,339 number of employees in the previous year.

ALLETE Aktienanalyse

What does ALLETE do?

ALLETE Inc. is an American company specializing in the energy industry, headquartered in Duluth, Minnesota. The company was founded in 1906 and has since undergone impressive development. Today, it is a big player in the energy industry and supplies electricity and gas to around half a million customers. Business model ALLETE Inc.'s business model focuses on the distribution of energy products and services. The company operates various business areas, including energy generation and transmission, as well as supply of electricity and gas, alternative energy sources, and technology and engineering services. History ALLETE Inc. was originally founded as "Minnesota Power Company" and initially only provided electricity to customers in Duluth and surrounding communities. Over the years, the company expanded and acquired other utility companies in the Upper Midwest, particularly in Minnesota and Wisconsin. Today, ALLETE Inc. also owns hydrogen and wind energy facilities that promote alternative energy generation. Segments The company has four main business segments, including the energy market, specialty services, renewable energy, and real estate. These business segments are organized to focus on the core business and ensure that the company continues to grow and follow current trends. Each segment has its own objectives. Products and services ALLETE Inc. offers a range of energy products and services, including: Energy - ALLETE Inc. produces and distributes various types of energy, including electricity and gas, and supplies around 50,000 customers in Minnesota and Wisconsin. The company utilizes a portfolio of different energy generation methods. Alternative Energies - ALLETE Inc. invests in alternative energy projects, including hydrogen and wind energy. Hydrogen has the potential to become a key element of clean energy supply, and ALLETE Inc. has already put a hydrogen production facility into operation. The company has also established numerous wind farms, which play a significant role in large corporations. Technology Services - ALLETE Inc. leverages its expertise to develop and offer technological innovations and services for the energy industry. With the growing market and increasing demand for sustainable energy and technology solutions, we see ALLETE Inc. as a key partner in the energy industry in the future. Real Estate - The company is also involved in the real estate business and owns a variety of industrial buildings and properties, mostly in regions that provide strategic value for energy supply. These properties are typically focused on long-term lease agreements, contributing to the maintenance of stable revenue growth. Conclusion: In the energy industry, ALLETE Inc. has not only gained decades of experience but also played a significant role in the clean energy transition and the development of digital technologies. With its various business segments and products, the company achieves solid revenues and is thus one of the key players in the industry in the United States. ALLETE ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Employees Details

Examining ALLETE's Employee Base

ALLETE's employees are a pivotal aspect of its operations, driving innovation, productivity, and growth. The size and composition of the workforce offer insights into the company's scale, diversity, and investment in human capital. Analyzing employee trends and data is essential for understanding ALLETE's operational capacity and future potential.

Year-to-Year Comparison

Assessing ALLETE's employee numbers year-over-year helps in identifying growth patterns, expansions, or contractions. An increasing employee count can indicate scaling operations and investment in talent, while a decrease may signal efficiency improvements, automation, or business challenges.

Impact on Investments

ALLETE's employee data impacts investment decisions by shedding light on the company’s operational efficiency, innovation capability, and sustainability. Investors assess workforce data to gauge the firm's potential to execute strategies, innovate, and adapt to market changes effectively.

Interpreting Employee Trends

Fluctuations in ALLETE’s employee numbers indicate changes in business strategy, operational demands, and market dynamics. Investors and analysts scrutinize these trends to evaluate the company’s strategic positioning, adaptability, and potential for sustainable growth.

Frequently Asked Questions about ALLETE stock

How many employees does ALLETE have this year?

ALLETE has 1,339 undefined employees this year.

How many employees did ALLETE have compared to the previous year?

Compared to the previous year, ALLETE had 0% more employees.

What impact did the number of employees have on the company ALLETE?

The number of employees has a direct impact on the efficiency and productivity of ALLETE. A higher number of employees can indicate that the company is growing and has more resources to achieve its goals, while a lower number of employees may suggest that the company is saving costs or facing difficulties in recruiting new employees.

What impact did the number of employees have on investors of ALLETE?

The number of employees can also have an impact on investors of ALLETE, as it can be an indicator of the company's growth and financial health. A higher number of employees can promise investors, while a lower number of employees may raise concerns.

How does an increase in equity capital of ALLETE affect the company?

An increase in equity of ALLETE can improve the financial strength of the company and increase its ability to make future investments and fulfill obligations.

How does a reduction in ALLETE's equity affect the company?

A reduction in equity of ALLETE can impair its financial stability and decrease its ability to fulfill future investments and obligations.

What are some factors that influence the equity of ALLETE?

Some factors that can influence the equity of ALLETE include, among others, revenue development, profit and loss statement, dividend payments, and investments.

Why is the equity of ALLETE so important for investors?

The equity of ALLETE is important for investors as it is an indicator of the company's financial stability and provides investors with information on the amount of financial backing the company has in terms of obligations and future investments.

How does the number of employees at ALLETE influence the company?

The number of employees at ALLETE can directly impact the growth and performance of the company. A higher number of employees can lead to increased capacity and productivity, while a lower number of employees may result in reduced efficiency and limitations.

How has the number of employees at ALLETE evolved in recent years?

In recent years, the number of employees at ALLETE has changed by 0.

How many employees does ALLETE currently have?

ALLETE currently has 1,339 undefined employees.

Why is the number of employees important for investors of ALLETE?

The number of employees is important for investors of ALLETE as it is an indicator of the growth potential and performance of the company. It also provides information on how the company is able to manage and recruit its workforce.

What strategic measures can ALLETE take to change the number of employees?

To change the number of employees, ALLETE can take various measures such as adjusting compensation packages, improving working conditions, conducting recruitment campaigns, and promoting a positive corporate culture. It is important for the company to conduct a thorough assessment of its situation to determine the best strategic actions to change its number of employees.

How much dividend does ALLETE pay?

Over the past 12 months, ALLETE paid a dividend of 2.82 USD . This corresponds to a dividend yield of about 4.4 %. For the coming 12 months, ALLETE is expected to pay a dividend of 3.12 USD.

What is the dividend yield of ALLETE?

The current dividend yield of ALLETE is 4.4 %.

When does ALLETE pay dividends?

ALLETE pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of ALLETE?

ALLETE paid dividends every year for the past 25 years.

What is the dividend of ALLETE?

For the upcoming 12 months, dividends amounting to 3.12 USD are expected. This corresponds to a dividend yield of 4.87 %.

In which sector is ALLETE located?

ALLETE is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von ALLETE kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of ALLETE from 9/1/2025 amounting to 0.73 USD, you needed to have the stock in your portfolio before the ex-date on 8/15/2025.

When did ALLETE pay the last dividend?

The last dividend was paid out on 9/1/2025.

What was the dividend of ALLETE in the year 2024?

In the year 2024, ALLETE distributed 2.71 USD as dividends.

In which currency does ALLETE pay out the dividend?

The dividends of ALLETE are distributed in USD.

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Andere Kennzahlen von ALLETE

Our stock analysis for ALLETE Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ALLETE Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.