Correlation
The correlation between ALE and PEG is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
ALE vs. PEG
Compare and contrast key facts about ALLETE, Inc. (ALE) and Public Service Enterprise Group Incorporated (PEG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALE or PEG.
Performance
ALE vs. PEG - Performance Comparison
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Key characteristics
ALE:
1.50
PEG:
0.58
ALE:
2.43
PEG:
0.83
ALE:
1.30
PEG:
1.11
ALE:
0.61
PEG:
0.70
ALE:
12.13
PEG:
1.42
ALE:
0.74%
PEG:
8.50%
ALE:
5.68%
PEG:
22.66%
ALE:
-74.12%
PEG:
-54.32%
ALE:
-5.92%
PEG:
-12.98%
Fundamentals
ALE:
$3.77B
PEG:
$39.70B
ALE:
$3.19
PEG:
$3.73
ALE:
20.35
PEG:
21.33
ALE:
2.75
PEG:
2.40
ALE:
2.47
PEG:
3.69
ALE:
1.31
PEG:
2.38
ALE:
$1.53B
PEG:
$10.75B
ALE:
$440.30M
PEG:
$4.86B
ALE:
$466.70M
PEG:
$4.13B
Returns By Period
In the year-to-date period, ALE achieves a 2.63% return, which is significantly higher than PEG's -3.33% return. Over the past 10 years, ALE has underperformed PEG with an annualized return of 6.70%, while PEG has yielded a comparatively higher 10.53% annualized return.
ALE
2.63%
0.43%
2.51%
8.38%
6.31%
6.58%
6.70%
PEG
-3.33%
1.38%
-12.79%
13.03%
9.41%
13.51%
10.53%
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Risk-Adjusted Performance
ALE vs. PEG — Risk-Adjusted Performance Rank
ALE
PEG
ALE vs. PEG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALLETE, Inc. (ALE) and Public Service Enterprise Group Incorporated (PEG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
ALE vs. PEG - Dividend Comparison
ALE's dividend yield for the trailing twelve months is around 4.41%, more than PEG's 3.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALE ALLETE, Inc. | 4.41% | 4.35% | 4.43% | 4.03% | 3.80% | 3.99% | 2.90% | 2.94% | 2.88% | 3.24% | 3.97% | 3.55% |
PEG Public Service Enterprise Group Incorporated | 3.00% | 2.84% | 3.73% | 3.53% | 3.06% | 3.36% | 3.18% | 3.46% | 3.34% | 3.74% | 4.03% | 3.57% |
Drawdowns
ALE vs. PEG - Drawdown Comparison
The maximum ALE drawdown since its inception was -74.12%, which is greater than PEG's maximum drawdown of -54.32%. Use the drawdown chart below to compare losses from any high point for ALE and PEG.
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Volatility
ALE vs. PEG - Volatility Comparison
The current volatility for ALLETE, Inc. (ALE) is 1.08%, while Public Service Enterprise Group Incorporated (PEG) has a volatility of 6.13%. This indicates that ALE experiences smaller price fluctuations and is considered to be less risky than PEG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ALE vs. PEG - Financials Comparison
This section allows you to compare key financial metrics between ALLETE, Inc. and Public Service Enterprise Group Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ALE vs. PEG - Profitability Comparison
ALE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, ALLETE, Inc. reported a gross profit of 140.30M and revenue of 400.20M. Therefore, the gross margin over that period was 35.1%.
PEG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Public Service Enterprise Group Incorporated reported a gross profit of 2.30B and revenue of 3.22B. Therefore, the gross margin over that period was 71.5%.
ALE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, ALLETE, Inc. reported an operating income of 53.00M and revenue of 400.20M, resulting in an operating margin of 13.2%.
PEG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Public Service Enterprise Group Incorporated reported an operating income of 797.00M and revenue of 3.22B, resulting in an operating margin of 24.7%.
ALE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, ALLETE, Inc. reported a net income of 56.10M and revenue of 400.20M, resulting in a net margin of 14.0%.
PEG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Public Service Enterprise Group Incorporated reported a net income of 589.00M and revenue of 3.22B, resulting in a net margin of 18.3%.