Allete (ALE) - Market capitalization

Market cap: NZ$6.59 Billion

As of December 2024 Allete has a market cap of NZ$6.59 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	NZ$6.59 B	18.63%
2023	NZ$5.55 B	-4.29%
2022	NZ$5.80 B	13.73%
2021	NZ$5.10 B	14.46%
2020	NZ$4.46 B	-28.37%
2019	NZ$6.22 B	6.44%
2018	NZ$5.85 B	9.51%
2017	NZ$5.34 B	16.59%
2016	NZ$4.58 B	25.7%
2015	NZ$3.64 B	12.89%
2014	NZ$3.23 B	28.54%
2013	NZ$2.51 B	28.03%
2012	NZ$1.96 B	-0.87%
2011	NZ$1.97 B	14.51%
2010	NZ$1.72 B	9.17%
2009	NZ$1.58 B	-9.96%
2008	NZ$1.75 B	10.52%
2007	NZ$1.59 B	-20.75%
2006	NZ$2.00 B	3.64%
2005	NZ$1.93 B	26.68%
2004	NZ$1.52 B	-62.78%
2003	NZ$4.10 B	10.78%
2002	NZ$3.70 B	-27.14%
2001	NZ$5.09 B	21.74%
2000	NZ$4.18 B	75.67%
1999	NZ$2.38 B	-21.22%
1998	NZ$3.02 B

End of Day market cap according to different sources

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

NZ$6.59 Billion

by Nasdaq

NZ$6.59 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Alliant Energy LNT	NZ$26.74 B	305.61%	🇺🇸 USA
Xcel Energy XEL	NZ$68.43 B	937.83%	🇺🇸 USA
WEC Energy Group WEC	NZ$52.86 B	701.63%	🇺🇸 USA
Duke Energy DUK	NZ$147.89 B	2,142.88%	🇺🇸 USA
Exelon Corporation EXC	NZ$65.77 B	897.47%	🇺🇸 USA
Ameren AEE	NZ$42.14 B	539.10%	🇺🇸 USA
Atlantic Power Corporation AT	NZ$0.47 B	-92.76%	🇺🇸 USA
Nextera Energy NEE	NZ$260.60 B	3,851.98%	🇺🇸 USA
NorthWestern Corporation NWE	NZ$5.70 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: NZ$6.59 Billion