Alliant EnergyFRA:AY1 +0.48%76 Return-on-Tangible-Equity is 12.22% as of Mar. 2026, which is 7% above its 10-year median of 11.38. GuruFocus rates FRA:AY1 with a GF Score™ of 76/100 and a GF Value™ of €57.28. The stock has 10 warning signs investors should review. Among 496 Utilities - Regulated companies, Alliant Energy ranks better than 52.02% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Alliant Energy's annualized net income for the quarter that ended in Mar. 2026 was €775 Mil. Alliant Energy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €6,342 Mil. Therefore, Alliant Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.22%.
The historical rank and industry rank for Alliant Energy's Return-on-Tangible-Equity or its related term are showing as below:
FRA:AY1'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.01 Med: 11.38 Max: 11.91
Current: 11.31
During the past 13 years, Alliant Energy's highest Return-on-Tangible-Equity was 11.91%. The lowest was 10.01%. And the median was 11.38%.
FRA:AY1's Return-on-Tangible-Equity is ranked better than 52.02% of 496
companies
in the Utilities - Regulated industry
Industry Median: 10.935
vs FRA:AY1: 11.31
Alliant Energy (FRA:AY1) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Alliant Energy Return-on-Tangible-Equity Related Terms
Alliant Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Alliant Energy's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:AY1 vs EVRG, CMS, PNW: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Alliant Energy's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alliant Energy Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Alliant Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Alliant Energy's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 12.22% mean?
Alliant Energy (FRA:AY1) has a Return-on-Tangible-Equity of 12.22% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Alliant Energy and its competitors. This is near median its historical median of 11.38. Over the past decade, Alliant Energy's Return-on-Tangible-Equity has ranged from 10.01 to 11.91. According to the industry distribution chart, Alliant Energy ranks #238 out of 496 companies in the Utilities - Regulated industry, placing it in the top 48%.
Is Alliant Energy's Return-on-Tangible-Equity too high?
Alliant Energy's current Return-on-Tangible-Equity of 12.22% is near median its 10-year median of 11.38. Over the past 10 years, this metric has ranged from a low of 10.01 to a high of 11.91. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.94. Alliant Energy's value of 12.22% is 11.8% above this industry median. Based on the distribution chart, Alliant Energy ranks #238 out of 496 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Alliant Energy has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Alliant Energy's Return-on-Tangible-Equity compare to EVRG and CMS?
According to the Utilities - Regulated industry distribution chart, Alliant Energy ranks #238 out of 496 companies for Return-on-Tangible-Equity. This puts Alliant Energy in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.94. Alliant Energy's value of 12.22% is 11.8% above this benchmark. Historically, Alliant Energy's own Return-on-Tangible-Equity has ranged from 10.01 to 11.91 over the past decade. While the company's 10-year median is 11.38 vs. the industry median of 10.94, Alliant Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.94, based on 496 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alliant Energy's current Return-on-Tangible-Equity of 12.22% is 11.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Alliant Energy and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliant Energy's current Return-on-Tangible-Equity is 12.22%, which is near median its own 10-year median of 11.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliant Energy stock overvalued right now?
Alliant Energy (FRA:AY1) has a current Return-on-Tangible-Equity of 12.22%. The stock's GF Value™ is €57.28, compared to a current price of €66.50 — trading 16.1% above its estimated fair value. The current Return-on-Tangible-Equity is 12.22%, which is near median its 10-year median of 11.38 and 11.8% above the Utilities - Regulated industry median of 10.94. Alliant Energy's overall GF Score™ is 76/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Alliant Energy (FRA:AY1), the current Return-on-Tangible-Equity is 12.22% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Alliant Energy (FRA:AY1) Overvalued in 2026?
Based on GuruFocus' analysis, Alliant Energy stock appears to be overvalued.
The current stock price of €66.50 is trading 16.1% above its estimated GF Value™ of €57.28.
Key valuation signals for FRA:AY1:
Return-on-Tangible-Equity: 12.22% (near median its 10-year median of 11.38)
GF Value™: €57.28 vs. price of €66.50 (16.1% above fair value)
Industry Position: 11.8% above the Utilities - Regulated median (#238 of 496)
No single metric tells the full story. See the FRA:AY1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light. Together, IPL and WPL serve nearly 1 million electric customers and 425,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission.
76GF Score
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