Alliant Energy Corp (LNT)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 943,000 | 928,000 | 795,000 | 740,000 | 778,000 |
| Total assets | US$ in thousands | 21,237,000 | 20,163,000 | 18,553,000 | 17,710,000 | 16,701,000 |
| Operating ROA | 4.44% | 4.60% | 4.29% | 4.18% | 4.66% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $943,000K ÷ $21,237,000K
= 4.44%
Alliant Energy Corp.'s operating return on assets (operating ROA) has shown some fluctuation over the past five years. The company's operating ROA was 4.44% at the end of 2023, showing a slight decrease from 4.60% in 2022. However, when compared to the previous years, the operating ROA of Alliant Energy Corp. has generally remained within a relatively narrow range between 4.18% and 4.66%.
This indicates that the company has been able to generate operating income relative to its total assets at a fairly consistent level over the recent years. The slight decrease in operating ROA in 2023 compared to 2022 suggests that the company may have faced some challenges in maintaining profitability while utilizing its assets efficiently.
Overall, the trend in Alliant Energy Corp.'s operating ROA reflects a stable performance in terms of generating operating income from its assets, with the company being able to effectively utilize its assets to generate returns for its operations. However, continuous monitoring of operating ROA is important to ensure ongoing efficiency in asset utilization and profitability.
Peer comparison
Dec 31, 2023