Alliant Energy Corp (LNT)
Return on equity (ROE)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 703,000 | 686,000 | 674,000 | 624,000 | 567,000 |
Total stockholders’ equity | US$ in thousands | 6,777,000 | 6,276,000 | 5,990,000 | 5,688,000 | 5,205,000 |
ROE | 10.37% | 10.93% | 11.25% | 10.97% | 10.89% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $703,000K ÷ $6,777,000K
= 10.37%
Alliant Energy Corp.'s return on equity (ROE) has shown a relatively stable performance over the past five years, ranging from 10.37% to 11.00%. This consistency indicates the company's ability to generate profits from its shareholders' equity. The slight fluctuations in ROE suggest that the company has been effectively managing its assets and liabilities to generate returns for its equity holders. Overall, Alliant Energy Corp.'s ROE trend reflects a solid and consistent financial performance over the analyzed period.
Peer comparison
Dec 31, 2023
Company name
Symbol
ROE
Alliant Energy Corp
LNT
10.37%
Allete Inc
ALE
8.79%
Ameren Corp
AEE
10.15%
Avista Corporation
AVA
6.89%
CMS Energy Corporation
CMS
11.76%
Consolidated Edison Inc
ED
11.91%
Duke Energy Corporation
DUK
5.78%
Evergy Inc. Common Stock
EVRG
7.57%
Exelon Corporation
EXC
9.04%
NiSource Inc
NI
8.64%
NorthWestern Corporation
NWE
6.97%