Allete (ALE) - Market capitalization

Market cap: $3.92 Billion USD

As of December 2025 Allete has a market cap of $3.92 Billion USD. This makes Allete the world's 3468th 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 2025

End of year Market Cap

Year	Marketcap	Change
2025	$3.92 B	5.44%
2024	$3.72 B	5.97%
2023	$3.51 B	-4.67%
2022	$3.68 B	5.71%
2021	$3.48 B	8.35%
2020	$3.21 B	-23.25%
2019	$4.19 B	6.86%
2018	$3.92 B	3.43%
2017	$3.79 B	19.54%
2016	$3.17 B	27.22%
2015	$2.49 B	-1.39%
2014	$2.53 B	22.56%
2013	$2.06 B	27.9%
2012	$1.61 B	4.49%
2011	$1.54 B	15.84%
2010	$1.33 B	15.96%
2009	$1.15 B	12.7%
2008	$1.02 B	-16.27%
2007	$1.21 B	-13.84%
2006	$1.41 B	6.83%
2005	$1.32 B	21.34%
2004	$1.09 B	-59.15%
2003	$2.67 B	37.6%
2002	$1.94 B	-8.18%
2001	$2.11 B	14.08%
2000	$1.85 B	48.97%
1999	$1.24 B	-21.88%
1998	$1.59 B

End of Day market cap according to different sources

On Dec 6th, 2025 the market cap of Allete was reported to be:

$3.92 Billion USD

by Nasdaq

$3.92 Billion USD

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Alliant Energy LNT	$16.83 B	328.64%	🇺🇸 USA
Xcel Energy XEL	$45.65 B	1,062.29%	🇺🇸 USA
WEC Energy Group WEC	$34.38 B	775.42%	🇺🇸 USA
Duke Energy DUK	$90.61 B	2,206.83%	🇺🇸 USA
Exelon Corporation EXC	$44.24 B	1,026.46%	🇺🇸 USA
Ameren AEE	$27.01 B	587.66%	🇺🇸 USA
Atlantic Power Corporation AT	$0.26 B	-93.13%	🇺🇸 USA
Nextera Energy NEE	$173.12 B	4,307.48%	🇺🇸 USA
NorthWestern Corporation NWE	$4.02 B	2.51%	🇺🇸 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: $3.92 Billion USD