Allete (ALE) - Market capitalization

Market cap: A$5.96 Billion

As of December 2024 Allete has a market cap of A$5.96 Billion. This makes Allete the world's 3195th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Allete from 1998 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	A$5.96 B	15.6%
2023	A$5.15 B	-4.78%
2022	A$5.41 B	12.62%
2021	A$4.81 B	14.92%
2020	A$4.18 B	-30.12%
2019	A$5.99 B	7.53%
2018	A$5.57 B	14.62%
2017	A$4.86 B	10.37%
2016	A$4.40 B	28.57%
2015	A$3.42 B	10.78%
2014	A$3.09 B	33.58%
2013	A$2.31 B	49.01%
2012	A$1.55 B	3.09%
2011	A$1.50 B	14.76%
2010	A$1.31 B	2.55%
2009	A$1.28 B	-11.49%
2008	A$1.44 B	3.76%
2007	A$1.39 B	-22.31%
2006	A$1.79 B	-0.84%
2005	A$1.81 B	28.33%
2004	A$1.41 B	-60.76%
2003	A$3.59 B	4.3%
2002	A$3.44 B	-16.82%
2001	A$4.14 B	24.98%
2000	A$3.31 B	75.08%
1999	A$1.89 B	-27.21%
1998	A$2.60 B

End of Day market cap according to different sources

On Dec 21st, 2024 the market cap of Allete was reported to be:

A$5.96 Billion

by Nasdaq

A$5.96 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Alliant Energy LNT	A$24.19 B	305.61%	🇺🇸 USA
Xcel Energy XEL	A$61.90 B	937.83%	🇺🇸 USA
WEC Energy Group WEC	A$47.81 B	701.63%	🇺🇸 USA
Duke Energy DUK	A$133.78 B	2,142.88%	🇺🇸 USA
Exelon Corporation EXC	A$59.49 B	897.47%	🇺🇸 USA
Ameren AEE	A$38.12 B	539.10%	🇺🇸 USA
Atlantic Power Corporation AT	A$0.43 B	-92.76%	🇺🇸 USA
Nextera Energy NEE	A$235.72 B	3,851.98%	🇺🇸 USA
NorthWestern Corporation NWE	A$5.15 B	-13.52%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Allete (ALE)

Market cap: A$5.96 Billion