Alliant Energy Corp (LNT)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 707,000 | 708,000 | 600,000 | 567,000 | 636,000 |
| Revenue | US$ in thousands | 4,027,000 | 4,205,000 | 3,669,000 | 3,416,000 | 3,648,000 |
| Pretax margin | 17.56% | 16.84% | 16.35% | 16.60% | 17.43% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $707,000K ÷ $4,027,000K
= 17.56%
The pretax margin of Alliant Energy Corp. has shown a consistent performance over the past five years, ranging from 16.35% in 2021 to 17.56% in 2023. This indicates that the company has been able to effectively manage its operating expenses and generate solid earnings before taxes relative to its total revenue. The slight fluctuations in the pretax margin suggest that the company has maintained stability in its operations and profitability despite potential economic challenges or changes in the business environment. Overall, Alliant Energy Corp. has demonstrated a relatively strong ability to generate profits before tax expenses in recent years.
Peer comparison
Dec 31, 2023