Alliant Energy Corp (LNT)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,981,000 | 4,027,000 | 4,205,000 | 3,669,000 | 3,416,000 |
| Property, plant and equipment | US$ in thousands | — | — | 16,247,000 | 14,987,000 | 14,336,000 |
| Fixed asset turnover | — | — | 0.26 | 0.24 | 0.24 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,981,000K ÷ $—K
= —
Alliant Energy Corp's fixed asset turnover ratio has been relatively stable over the past few years, with values of 0.24 in both December 31, 2020 and December 31, 2021. The ratio slightly improved to 0.26 as of December 31, 2022. However, data for December 31, 2023 and December 31, 2024 is unavailable.
The fixed asset turnover ratio measures the efficiency of a company in generating revenue from its fixed assets. A higher ratio indicates that the company is utilizing its fixed assets more effectively to generate sales. In Alliant Energy Corp's case, the gradual increase in the ratio suggests a slightly improved efficiency in utilizing fixed assets for revenue generation. However, the ratio remaining at the same level for two consecutive years could imply a persistence of operational challenges or a stable level of asset utilization.
It would be beneficial to monitor the company's fixed asset turnover ratio in the upcoming periods to assess if the trend observed in 2022 continues or fluctuates. Additionally, further analysis and context would be needed to fully understand the factors driving the changes in the fixed asset turnover ratio for Alliant Energy Corp.
Peer comparison
Dec 31, 2024