Published on 31 Oct 2023 on Simply Wall St. via Yahoo Finance
Should You Be Impressed By Alliant Energy Corporation's (NASDAQ:LNT) ROE?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. We'll use ROE to examine Alliant Energy Corporation (NASDAQ:LNT), by way of a worked example.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
See our latest analysis for Alliant Energy