Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenue | $3,416 | $3,669 | $4,205 | $4,027 | $3,981 |
Gross Profit | $2,967 | $3,132 | $3,632 | $3,444 | $3,368 |
Operating Income | $740 | $795 | $928 | $943 | $886 |
Net Income | $624 | $674 | $686 | $703 | $690 |
Edwyn
Over the five-year period, ALLIANT ENERGY CORP’s revenue increased from USD 3,416 million in 2020 to a peak of USD 4,205 million in 2022 before declining to USD 3,981 million in 2024. Gross profit followed a similar trend, rising from USD 2,967 million in 2020 to USD 3,632 million in 2022 and then tapering off to USD 3,368 million by 2024. Operating income improved steadily from USD 740 million in 2020, reaching a high of USD 943 million in 2023, although it dipped to USD 886 million in 2024. Net income showed moderate growth over the period, increasing from USD 624 million in 2020 to a maximum of USD 703 million in 2023 before a slight fall to USD 690 million in 2024. Notably, while year-over-year changes have been relatively subdued with no swings exceeding 20%, the declining revenue and gross profit figures after 2022 might signal emerging headwinds, even as operating and net income remained relatively resilient. Within the context of the regulated utility industry, where stability and reliable cash flows are key, ALLIANT ENERGY’s performance suggests a balance between modest revenue fluctuations and steady profitability margins. The consistent operating income, despite minor revenue declines in the later years, may indicate effective cost management and operational efficiencies. Overall, the financial metrics point to a company with stable earnings and sustainable performance, although the recent downturn in top-line revenue warrants attention from management and investors to ensure continued growth and alignment with industry trends.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.