Alliant Energy Corp (LNT)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 690,000 | 703,000 | 686,000 | 674,000 | 624,000 |
Revenue | US$ in thousands | 3,981,000 | 4,027,000 | 4,205,000 | 3,669,000 | 3,416,000 |
Net profit margin | 17.33% | 17.46% | 16.31% | 18.37% | 18.27% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $690,000K ÷ $3,981,000K
= 17.33%
The net profit margin of Alliant Energy Corp has shown a stable trend over the past five years. Starting at 18.27% on December 31, 2020, it increased slightly to 18.37% by the end of 2021. However, in 2022, there was a slight decline to 16.31%. The net profit margin then improved in 2023 to 17.46% and remained relatively steady at 17.33% by the end of 2024.
Overall, the company has maintained a healthy net profit margin, indicating efficient cost management and solid profitability levels. The slight fluctuations in the net profit margin may be influenced by various factors such as changes in operating expenses, revenue growth, and economic conditions. It will be important for Alliant Energy Corp to continue monitoring and managing its profitability to sustain its financial performance in the future.
Peer comparison
Dec 31, 2024