Alliant Energy Corp (LNT)

Return on assets (ROA)

		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
Net income (ttm)	US$ in thousands	703,000	689,000	657,000	656,000	685,000	673,000	705,000	692,000	674,000	645,000	635,000	625,000	624,000	671,000	651,000	612,100	566,800	541,300	520,400	526,200
Total assets	US$ in thousands	21,237,000	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	16,701,000	16,533,400	16,121,600	15,713,400
ROA		3.31%	3.30%	3.22%	3.24%	3.40%	3.33%	3.64%	3.67%	3.63%	3.52%	3.54%	3.55%	3.52%	3.83%	3.77%	3.63%	3.39%	3.27%	3.23%	3.35%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $703,000K ÷ $21,237,000K
= 3.31%

Alliant Energy Corp.'s return on assets (ROA) has been relatively stable over the past eight quarters, ranging from 3.23% to 3.61%. The ROA peaked at 3.61% in Q1 2022 and reached its lowest point at 3.23% in Q2 2023. Despite some fluctuations, the company has generally maintained a ROA above 3% during this period, indicating its ability to generate profits relative to its total assets. Overall, the consistency of Alliant Energy Corp.'s ROA suggests efficient asset utilization and a solid financial performance.