Alliant Energy Corp (LNT)

Return on total capital

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before interest and tax (EBIT) US$ in thousands 1,025,000 1,075,000 901,000 786,000 716,000
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 200,000 6,777,000 6,276,000 5,990,000 5,688,000
Return on total capital 512.50% 15.86% 14.36% 13.12% 12.59%

December 31, 2024 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,025,000K ÷ ($—K + $200,000K)
= 512.50%

Alliant Energy Corp's return on total capital has shown a steady increase over the years, starting at 12.59% as of December 31, 2020, and rising to 13.12% by December 31, 2021. The trend continued with further improvements, reaching 14.36% by December 31, 2022, and 15.86% by December 31, 2023. However, there was a significant spike in return on total capital to 512.50% as of December 31, 2024. Such a substantial increase in the final year suggests a possible anomaly or outlier in the data that may require further investigation to ensure the accuracy and reliability of the reported figures. Overall, the general uptrend in return on total capital reflects a positive performance in utilizing the company's total capital to generate returns for its stakeholders.