Alliant Energy Corp (LNT)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 65.38% | 67.30% | 64.05% | 65.02% | 67.31% |
| Operating profit margin | 23.42% | 22.07% | 21.67% | 21.66% | 21.33% |
| Pretax margin | 17.56% | 16.84% | 16.35% | 16.60% | 17.43% |
| Net profit margin | 17.46% | 16.31% | 18.37% | 18.27% | 15.54% |
Alliant Energy Corp.'s profitability ratios have demonstrated fluctuating trends over the past five years.
- Gross profit margin has ranged from 57.38% to 62.44%, with a slight dip in 2022 followed by an increase in 2023, indicating the company's ability to efficiently manage its production costs.
- Operating profit margin has shown a gradual improvement, moving from 21.32% in 2019 to 23.42% in 2023, reflecting effective cost control and operational efficiency.
- Pretax margin has varied within a narrower range, with a slight decline in 2023 compared to 2021 and 2022, suggesting stable performance in generating profits before tax expenses.
- Net profit margin has also displayed fluctuations, reaching a peak in 2021 at 17.96% before decreasing slightly in 2022 and increasing again in 2023 to 17.46%. This indicates the company's ability to maintain reasonable profitability levels after accounting for all expenses.
Overall, Alliant Energy Corp.'s profitability ratios show a mixed performance, with some ratios improving over time while others fluctuate. It is essential for the company to continue monitoring and managing its operational and cost efficiency to sustain and enhance its profitability in the future.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.44% | 4.60% | 4.29% | 4.18% | 4.66% |
| Return on assets (ROA) | 3.31% | 3.40% | 3.63% | 3.52% | 3.40% |
| Return on total capital | 7.34% | 7.41% | 6.89% | 6.76% | 8.47% |
| Return on equity (ROE) | 10.37% | 10.93% | 11.25% | 10.97% | 10.89% |
Alliant Energy Corp. has shown mixed performance in terms of profitability ratios over the past five years.
Operating return on assets (Operating ROA) has fluctuated between 4.29% to 4.66%, with the highest value being 4.66% in 2019 and the lowest in 2021. This indicates that the company's operating income generated from its assets has varied over the years.
Return on assets (ROA) has ranged from 3.31% to 3.55%, with the highest value recorded in 2021. This ratio measures the overall efficiency of the company in utilizing its assets to generate profits.
Return on total capital has shown a declining trend from 7.08% in 2019 to 6.16% in 2023. This ratio indicates the company's ability to generate profits from all its sources of capital.
Return on equity (ROE) has also experienced fluctuations, ranging from 10.37% to 11.00%. This ratio reflects the return generated for the company's shareholders based on the equity invested in the business.
Overall, Alliant Energy Corp. has demonstrated a decent performance in terms of profitability, as indicated by positive ratios across the board. However, the company may need to focus on improving its return on total capital to ensure sustainable profitability in the future.