Alliant Energy Corp (LNT)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 6,777,000 | 6,726,000 | 6,452,000 | 6,328,000 | 6,276,000 | 6,265,000 | 6,137,000 | 6,077,000 | 5,990,000 | 5,985,000 | 5,819,000 | 5,766,000 | 5,688,000 | 5,709,000 | 5,548,300 | 5,502,400 | 5,205,000 | 4,969,200 | 4,699,600 | 4,682,400 |
| ROE | 10.37% | 10.24% | 10.18% | 10.37% | 10.91% | 10.74% | 11.49% | 11.39% | 11.25% | 10.78% | 10.91% | 10.84% | 10.97% | 11.75% | 11.73% | 11.12% | 10.89% | 10.89% | 11.07% | 11.24% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $703,000K ÷ $6,777,000K
= 10.37%
The return on equity (ROE) of Alliant Energy Corp. has shown relatively consistent performance over the past eight quarters, ranging from 10.20% to 11.32%. The ROE values have generally been above 10%, indicating that the company has been generating positive returns for its shareholders relative to the equity invested in the business.
The slight fluctuations in ROE over the quarters suggest that Alliant Energy Corp. has maintained a stable financial performance and management of its assets to generate profits. The decreasing trend from 11.32% in Q2 2022 to 10.37% in Q4 2023 may indicate a slight decline in the company's ability to generate higher returns on the shareholders' equity during the most recent quarter.
Overall, the consistent performance above 10% suggests that Alliant Energy Corp. has been effectively utilizing its equity to generate profits, albeit with a slight downward trend in more recent quarters. Further analysis and comparison with industry peers may provide additional insights into the company's financial health and efficiency in generating returns for shareholders.
Peer comparison
Dec 31, 2023