ALE vs KAI
Comparison between ALLETE, Inc. (ALE, Company) and Kadant Inc (KAI, Company).
ALE is from the Utilities sector, while KAI is from the Industrials sector.
5-Year PerformanceKAI has outperformed ALE, delivering a return of +10.8% compared to +2.6%
ALE vs KAI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ALE vs KAI - Historical Returns
Returns include dividend reinvestment.
ALE vs KAI - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ALE | KAI |
|---|---|---|
| 2026 | +0.00% | +15.97% |
| 2025 | +8.18% | -17.52% |
| 2024 | +8.85% | +26.25% |
| 2023 | -1.62% | +57.05% |
| 2022 | +1.27% | -21.58% |
| 2021 | +11.92% | +68.00% |
| 2020 | -19.81% | +33.06% |
| 2019 | +13.71% | +29.78% |
| 2018 | +6.41% | -16.67% |
| 2017 | +20.35% | +63.80% |
| 2016 | +33.87% | +62.92% |
| 2015 | -4.59% | -2.77% |
| 2014 | +16.73% | +6.20% |
| 2013 | +22.93% | +49.22% |
| 2012 | +4.37% | +17.56% |
| 2011 | +16.34% | -5.79% |
| 2010 | +18.89% | +49.75% |
| 2009 | +6.66% | +17.53% |
| 2008 | -12.20% | -54.10% |
| 2007 | -12.13% | +21.80% |
| 2006 | +5.41% | +26.39% |
| 2005 | +24.22% | -8.19% |
| 2004 | +24.41% | -1.68% |
| 2003 | +38.15% | +37.99% |
| 2002 | -7.76% | +2.74% |
| 2001 | +11.58% | -20.11% |
| 2000 | +61.13% | -52.16% |
| 1999 | -7.48% | +1.86% |
ALE vs KAI Drawdown Comparison
The maximum drawdown for ALE was -48.82%, occurring on Mar 5, 2009. Recovery took 1056 trading sessions.
The maximum drawdown for KAI was -83.79%, occurring on Mar 9, 2009. Recovery took 3472 trading sessions.
The current ALE drawdown is -0.82%. The current KAI drawdown is -21.14%.
| Rank | ALE | KAI |
|---|---|---|
| #1 | -48.82% Apr 25, 2007 - Jul 1, 2011 | -83.79% Feb 8, 2000 - Nov 26, 2013 |
| #2 | -42.20% Sep 25, 2019 - May 15, 2020 | -51.98% Feb 5, 2020 - Jun 8, 2020 |
| #3 | -37.23% May 2, 2002 - Oct 24, 2003 | -41.24% Nov 26, 2024 - Nov 18, 2025 |
| #4 | -26.84% Jun 10, 2004 - Nov 12, 2004 | -36.57% Apr 15, 2015 - Jul 15, 2016 |
| #5 | -21.32% Jan 27, 2015 - Mar 10, 2016 | -33.92% Nov 23, 2021 - Nov 2, 2023 |
| #6 | -20.22% Sep 4, 2001 - Jan 30, 2002 | -31.42% Oct 31, 2017 - Jan 17, 2020 |
| #7 | -19.20% Nov 5, 1999 - Apr 25, 2000 | -23.14% Feb 15, 2024 - Jul 16, 2024 |
| #8 | -18.63% Dec 28, 2000 - Mar 30, 2001 | -18.60% Jul 30, 2024 - Nov 5, 2024 |
| #9 | -18.57% Jul 11, 2005 - Feb 6, 2007 | -18.36% Dec 24, 2013 - Oct 28, 2014 |
| #10 | -15.85% Nov 30, 2017 - Jul 5, 2018 | -17.47% Jun 8, 2020 - Jul 15, 2020 |
| #11 | -14.65% Sep 11, 2000 - Dec 8, 2000 | -15.69% Sep 2, 2020 - Nov 3, 2020 |
| #12 | -13.60% Mar 31, 2014 - Oct 30, 2014 | -12.15% Apr 6, 2021 - Aug 4, 2021 |
| #13 | -13.49% Jul 21, 2011 - Dec 22, 2011 | -11.23% Dec 9, 2016 - May 2, 2017 |
| #14 | -13.45% Jun 28, 2000 - Jul 10, 2000 | -11.22% Aug 4, 2016 - Nov 9, 2016 |
| #15 | -13.40% Jul 30, 2013 - Mar 25, 2014 | -11.17% Nov 16, 1999 - Jan 26, 2000 |
Correlation
Correlation between ALE and KAI is 0.79 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2000 - 2026)
ALE vs KAI dividend yield comparison.
| Year | ALE | KAI |
|---|---|---|
| 2026 | 0.00% | 0.32% |
| 2025 | 3.23% | 0.47% |
| 2024 | 4.35% | 0.36% |
| 2023 | 4.43% | 0.40% |
| 2022 | 4.03% | 0.58% |
| 2021 | 3.80% | 0.43% |
| 2020 | 3.99% | 0.67% |
| 2019 | 2.90% | 0.86% |
| 2018 | 2.94% | 1.07% |
| 2017 | 2.88% | 0.82% |
| 2016 | 3.24% | 1.21% |
| 2015 | 3.97% | 1.63% |
| 2014 | 3.55% | 1.35% |
| 2013 | 3.81% | 0.93% |
| 2012 | 4.49% | 0.00% |
| 2011 | 4.24% | 0.00% |
| 2010 | 4.72% | 0.00% |
| 2009 | 5.39% | 0.00% |
| 2008 | 5.33% | 0.00% |
| 2007 | 4.14% | 0.00% |
| 2006 | 3.12% | 0.00% |
| 2005 | 2.83% | 0.00% |
| 2004 | 3.12% | 0.00% |
| 2003 | 3.69% | 0.00% |
| 2002 | 4.85% | 0.00% |
| 2001 | 4.25% | 0.00% |
| 2000 | 4.32% | 0.00% |
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