ALLETE Future Growth
Future criteria checks 1/6
ALLETE is forecast to grow earnings and revenue by 6.5% and 0.5% per annum respectively. EPS is expected to grow by 3.6% per annum. Return on equity is forecast to be 8% in 3 years.
Key information
6.5%
Earnings growth rate
3.6%
EPS growth rate
Electric Utilities earnings growth | 7.1% |
Revenue growth rate | 0.5% |
Future return on equity | 8.0% |
Analyst coverage | Low |
Last updated | 23 Apr 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 1,835 | 263 | N/A | 462 | 3 |
12/31/2025 | 1,767 | 241 | N/A | 530 | 5 |
12/31/2024 | 1,738 | 223 | N/A | 468 | 4 |
12/31/2023 | 1,880 | 247 | 314 | 585 | N/A |
9/30/2023 | 1,903 | 247 | 409 | 660 | N/A |
6/30/2023 | 1,912 | 195 | 310 | 561 | N/A |
3/31/2023 | 1,752 | 181 | 86 | 319 | N/A |
12/31/2022 | 1,571 | 189 | 1 | 221 | N/A |
9/30/2022 | 1,544 | 200 | -113 | 136 | N/A |
6/30/2022 | 1,501 | 193 | -126 | 150 | N/A |
3/31/2022 | 1,464 | 184 | -233 | 170 | N/A |
12/31/2021 | 1,419 | 169 | -216 | 264 | N/A |
9/30/2021 | 1,341 | 154 | -294 | 267 | N/A |
6/30/2021 | 1,289 | 168 | -329 | 262 | N/A |
3/31/2021 | 1,197 | 160 | -398 | 300 | N/A |
12/31/2020 | 1,169 | 165 | -425 | 300 | N/A |
9/30/2020 | 1,153 | 177 | -404 | 312 | N/A |
6/30/2020 | 1,148 | 167 | -486 | 295 | N/A |
3/31/2020 | 1,195 | 181 | -406 | 256 | N/A |
12/31/2019 | 1,241 | 186 | -350 | 247 | N/A |
9/30/2019 | 1,384 | 197 | -221 | 311 | N/A |
6/30/2019 | 1,444 | 197 | -81 | 334 | N/A |
3/31/2019 | 1,498 | 194 | 77 | 391 | N/A |
12/31/2018 | 1,499 | 174 | 119 | 431 | N/A |
9/30/2018 | 1,388 | 154 | 115 | 394 | N/A |
6/30/2018 | 1,403 | 169 | 152 | 413 | N/A |
3/31/2018 | 1,412 | 174 | 166 | 426 | N/A |
12/31/2017 | 1,419 | 172 | 194 | 403 | N/A |
9/30/2017 | 1,423 | 175 | N/A | 401 | N/A |
6/30/2017 | 1,410 | 171 | N/A | 370 | N/A |
3/31/2017 | 1,372 | 158 | N/A | 338 | N/A |
12/31/2016 | 1,340 | 155 | N/A | 335 | N/A |
9/30/2016 | 1,379 | 129 | N/A | 323 | N/A |
6/30/2016 | 1,492 | 149 | N/A | 304 | N/A |
3/31/2016 | 1,500 | 147 | N/A | 362 | N/A |
12/31/2015 | 1,486 | 141 | N/A | 340 | N/A |
9/30/2015 | 1,397 | 156 | N/A | 312 | N/A |
6/30/2015 | 1,223 | 137 | N/A | 326 | N/A |
3/31/2015 | 1,160 | 131 | N/A | 267 | N/A |
12/31/2014 | 1,137 | 125 | N/A | 270 | N/A |
9/30/2014 | 1,114 | 125 | N/A | 263 | N/A |
6/30/2014 | 1,076 | 109 | N/A | 254 | N/A |
3/31/2014 | 1,051 | 106 | N/A | 256 | N/A |
12/31/2013 | 1,018 | 105 | N/A | 239 | N/A |
9/30/2013 | 1,006 | 101 | N/A | 233 | N/A |
6/30/2013 | 1,004 | 105 | N/A | 223 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AEBA's forecast earnings growth (6.5% per year) is above the savings rate (0.7%).
Earnings vs Market: AEBA's earnings (6.5% per year) are forecast to grow slower than the German market (15.6% per year).
High Growth Earnings: AEBA's earnings are forecast to grow, but not significantly.
Revenue vs Market: AEBA's revenue (0.5% per year) is forecast to grow slower than the German market (5.5% per year).
High Growth Revenue: AEBA's revenue (0.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AEBA's Return on Equity is forecast to be low in 3 years time (8%).