Alliant Energy Corp (LNT)
Return on assets (ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 690,000 | 661,000 | 625,000 | 698,000 | 703,000 | 689,000 | 657,000 | 656,000 | 685,000 | 666,000 | 695,000 | 680,000 | 659,000 | 635,000 | 625,000 | 615,000 | 614,000 | 661,500 | 641,500 | 602,100 |
Total assets | US$ in thousands | 22,714,000 | 22,829,000 | 21,836,000 | 21,248,000 | 21,988,000 | 20,904,000 | 20,383,000 | 20,240,000 | 20,163,000 | 20,205,000 | 19,391,000 | 18,839,000 | 18,553,000 | 18,329,000 | 17,939,000 | 17,594,000 | 17,710,000 | 17,540,000 | 17,269,700 | 16,879,000 |
ROA | 3.04% | 2.90% | 2.86% | 3.29% | 3.20% | 3.30% | 3.22% | 3.24% | 3.40% | 3.30% | 3.58% | 3.61% | 3.55% | 3.46% | 3.48% | 3.50% | 3.47% | 3.77% | 3.71% | 3.57% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $690,000K ÷ $22,714,000K
= 3.04%
The return on assets (ROA) for Alliant Energy Corp has shown some fluctuations over the reporting periods provided in the data. The ROA ranged from a low of 2.86% on June 30, 2024, to a high of 3.77% on September 30, 2020. Overall, the trend in ROA appears to be relatively stable, hovering around the 3.5% mark for most quarters.
During the latter part of the data series, there was a slight decline in ROA, dropping to 3.04% on December 31, 2024, from 3.29% on March 31, 2024. This dip in ROA may indicate a decrease in profitability relative to the assets employed by the company during that period.
It is important for stakeholders to monitor these changes in ROA to assess the company's efficiency in generating profits from its assets. Further analysis may be required to understand the factors driving these fluctuations and to determine the company's overall financial performance and asset utilization efficiency.
Peer comparison
Dec 31, 2024