Alliant Energy Corp (LNT)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 3,981,000 | 1,734,000 | 1,709,000 | 1,556,000 | 1,463,000 |
| Revenue | US$ in thousands | 3,981,000 | 4,027,000 | 4,205,000 | 3,669,000 | 3,416,000 |
| Gross profit margin | 100.00% | 43.06% | 40.64% | 42.41% | 42.83% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $3,981,000K ÷ $3,981,000K
= 100.00%
Based on the provided data, Alliant Energy Corp's gross profit margin has shown fluctuation over the years. The gross profit margin was 42.83% as of December 31, 2020, slightly decreasing to 42.41% by the end of 2021. There was a more significant decline in the margin to 40.64% as of December 31, 2022, indicating potential cost pressures or pricing challenges.
However, there was a notable improvement in the gross profit margin to 43.06% by the end of 2023, suggesting that the company may have implemented strategies to enhance profitability or efficiency during that period. The data point for December 31, 2024, showing a gross profit margin of 100.00%, seems unusual and may be an anomaly or error in the data provided.
Overall, it is crucial for stakeholders to monitor the trend in Alliant Energy Corp's gross profit margin over time to assess the company's ability to generate profits from its core operations efficiently and effectively.
Peer comparison
Dec 31, 2024