Alliant Energy Corp (LNT)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 200,000 | 6,777,000 | 6,276,000 | 5,990,000 | 5,688,000 |
| ROE | 345.00% | 10.37% | 10.93% | 11.25% | 10.97% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $690,000K ÷ $200,000K
= 345.00%
Alliant Energy Corp's Return on Equity (ROE) has shown fluctuations over the years, as per the provided data.
In 2020, the ROE stood at 10.97%, indicating that for every dollar of shareholders' equity, the company generated a profit of approximately 10.97 cents.
By the end of 2021, the ROE slightly increased to 11.25%, reflecting a slight improvement in the company's ability to generate profits from shareholders' equity.
However, there was a marginal decline in the ROE in 2022, where it dropped to 10.93%, suggesting a dip in the profitability relative to the equity invested by shareholders.
In 2023, the ROE decreased further to 10.37%, signaling potential challenges in efficiently utilizing equity to generate returns for shareholders.
Surprisingly, there was a remarkable spike in the ROE to 345.00% by the end of 2024. Such an exceptional figure may be attributed to extraordinary events or accounting adjustments that significantly impacted the financial performance and equity position of the company during that period.
Overall, while the ROE figures have shown some fluctuations, it is essential to conduct further analysis and investigation to understand the underlying reasons behind these changes to gauge the company's financial health accurately.
Peer comparison
Dec 31, 2024