Alliant Energy Corp (LNT)
Pretax margin
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 707,000 | 688,000 | 665,000 | 668,000 | 707,000 | 691,000 | 688,000 | 654,000 | 600,000 | 569,000 | 560,000 | 559,000 | 567,000 | 644,000 | 667,000 | 647,300 | 636,100 | 596,500 | 564,300 | 572,500 |
Revenue (ttm) | US$ in thousands | 4,027,000 | 4,070,000 | 4,144,000 | 4,193,000 | 4,204,000 | 4,044,000 | 3,948,000 | 3,831,000 | 3,669,000 | 3,560,000 | 3,456,000 | 3,401,500 | 3,416,300 | 3,272,400 | 3,410,600 | 3,507,300 | 3,647,700 | 3,641,100 | 3,579,500 | 3,605,400 |
Pretax margin | 17.56% | 16.90% | 16.05% | 15.93% | 16.82% | 17.09% | 17.43% | 17.07% | 16.35% | 15.98% | 16.20% | 16.43% | 16.60% | 19.68% | 19.56% | 18.46% | 17.44% | 16.38% | 15.76% | 15.88% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $707,000K ÷ $4,027,000K
= 17.56%
Alliant Energy Corp.'s pretax margin has shown consistency over the past eight quarters, ranging between 15.88% and 17.56%. The company appears to have maintained a stable level of profitability before accounting for taxes. The highest pretax margin was recorded in Q4 2023 at 17.56%, while the lowest was in Q1 2023 at 15.88%. This indicates that the company has been effectively managing its expenses and generating profits relative to its revenue. Overall, Alliant Energy Corp.'s pretax margin demonstrates a solid performance in maintaining profitability in its operations.
Peer comparison
Dec 31, 2023
Company name
Symbol
Pretax margin
Alliant Energy Corp
LNT
17.56%
Allete Inc
ALE
14.63%
Ameren Corp
AEE
17.80%
Avista Corporation
AVA
7.85%
CMS Energy Corporation
CMS
13.86%
Consolidated Edison Inc
ED
20.50%
Duke Energy Corporation
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12.59%
Evergy Inc. Common Stock
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13.56%
Exelon Corporation
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12.44%
NiSource Inc
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17.72%