Alliant Energy Corp (LNT)
Return on total capital
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,019,000 | 986,000 | 1,002,000 | 1,029,000 | 1,062,000 | 1,028,000 | 989,000 | 1,013,000 | 1,032,000 | 997,000 | 979,000 | 936,000 | 877,000 | 843,000 | 834,000 | 834,300 | 842,400 | 920,800 | 913,800 | 893,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 7,004,000 | 6,968,000 | 6,791,000 | 6,817,000 | 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 |
| Return on total capital | 14.55% | 14.15% | 14.75% | 15.09% | 15.67% | 15.28% | 15.33% | 16.01% | 16.44% | 15.91% | 15.95% | 15.40% | 14.64% | 14.09% | 14.33% | 14.47% | 14.81% | 16.13% | 16.47% | 16.23% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,019,000K ÷ ($—K + $7,004,000K)
= 14.55%
The return on total capital for Alliant Energy Corp has shown some fluctuations over the analyzed period. The ratio was relatively stable around the mid-15% range during the first half of the observed period, peaking at 16.47% in June 2020. However, there was a slight decline in the ratio towards the end of 2020, reaching 14.81% by December.
In the following quarters, the return on total capital continued to hover around the mid-14% range, with slight fluctuations, hitting a low of 14.09% in September 2021. There was a modest recovery in the ratio during the first half of 2022, with an increase to 15.95% in June.
As of December 2024, the return on total capital stood at 14.55%, representing a decline from the peak seen in mid-2022. Overall, the company's return on total capital has displayed variability over the analyzed period, reflecting fluctuations in the company's profitability and capital utilization efficiency.
Peer comparison
Dec 31, 2024