Alliant Energy Corp (LNT)
Total 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 |
| Total assets | US$ in thousands | 22,714,000 | 21,237,000 | 20,163,000 | 18,553,000 | 17,710,000 |
| Total asset turnover | 0.18 | 0.19 | 0.21 | 0.20 | 0.19 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,981,000K ÷ $22,714,000K
= 0.18
Total asset turnover measures how efficiently a company is utilizing its assets to generate revenue. For Alliant Energy Corp, the trend in total asset turnover shows a slight increase from 0.19 in December 2020 to 0.20 in December 2021, further increasing to 0.21 in December 2022. However, there was a slight decline to 0.19 in December 2023, followed by a decrease to 0.18 in December 2024.
Overall, the total asset turnover ratio of Alliant Energy Corp has shown some volatility over the years, with a general upward trend initially followed by a slight decline. This indicates that while the company was able to generate more revenue from its assets in the recent past, there may have been challenges in maintaining or improving asset efficiency in the most recent period.
Further analysis would be needed to understand the specific factors driving these changes in total asset turnover and to assess the company's asset management strategies and operational performance.
Peer comparison
Dec 31, 2024