Alliant Energy Corp (LNT)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 22,714,000 | 21,237,000 | 20,163,000 | 18,553,000 | 17,710,000 |
| ROA | 3.04% | 3.31% | 3.40% | 3.63% | 3.52% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $690,000K ÷ $22,714,000K
= 3.04%
The return on assets (ROA) for Alliant Energy Corp has been relatively stable over the past five years. ROA indicates the company's efficiency in generating profits from its assets.
In December 31, 2020, Alliant Energy Corp's ROA was 3.52%, showing a reasonable ability to generate earnings relative to its total assets. The slight increase to 3.63% by December 31, 2021, was a positive sign of improved efficiency in asset utilization.
However, the ROA declined to 3.40% by December 31, 2022, suggesting a minor decrease in profitability relative to total assets. This trend continued with a further decrease to 3.31% by December 31, 2023, indicating potential challenges in maintaining profitability levels.
By December 31, 2024, Alliant Energy Corp's ROA decreased to 3.04%, signaling a noteworthy decline in asset efficiency and profitability. It is essential for the company to closely monitor and improve its asset management strategies to enhance ROA and sustain long-term profitability.
Peer comparison
Dec 31, 2024