Alliant EnergyFRA:AY1 +0.68%78 ROA % is 3.62% as of Mar. 2026, which is 4% above its 10-year median of 3.47. GuruFocus rates FRA:AY1 with a GF Score™ of 78/100 and a GF Value™ of €56.34 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 511 Utilities - Regulated companies, Alliant Energy ranks better than 56.16% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Alliant Energy's annualizedNet Income for the quarter that ended in Mar. 2026 was €775 Mil.
Alliant Energy's average Total Assets over the quarter that ended in Mar. 2026 was €21,403 Mil. Therefore, Alliant Energy's annualized ROA % for the quarter that ended in Mar. 2026 was 3.62%.
The historical rank and industry rank for Alliant Energy's ROA % or its related term are showing as below:
FRA:AY1'
s ROA % Range Over the Past 10 Years
Min: 2.95 Med: 3.47 Max: 3.72
Current: 3.39
During the past 13 years, Alliant Energy's highest ROA % was 3.72%. The lowest was 2.95%. And the median was 3.47%.
FRA:AY1's ROA % is ranked better than 56.16% of 511
companies
in the Utilities - Regulated industry
Industry Median: 3.02
vs FRA:AY1: 3.39
Alliant Energy (FRA:AY1) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Alliant Energy ROA % Related Terms
Alliant Energy ROA % Historical Data
* Premium members only.
The historical data trend for Alliant Energy's ROA % 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.
For the Utilities - Regulated Electric subindustry, Alliant Energy's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Alliant Energy's ROA % distribution charts can be found below:
* The bar in red indicates where Alliant Energy's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
Alliant Energy (FRA:AY1) has a ROA % of 3.62% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Alliant Energy and its competitors. This is near median its historical median of 3.47. Over the past decade, Alliant Energy's ROA % has ranged from 2.95 to 3.72. According to the industry distribution chart, Alliant Energy ranks #224 out of 511 companies in the Utilities - Regulated industry, placing it in the top 43.8%.
Is Alliant Energy's ROA % too high?
Alliant Energy's current ROA % of 3.62% is near median its 10-year median of 3.47. Over the past 10 years, this metric has ranged from a low of 2.95 to a high of 3.72. The Utilities - Regulated industry median ROA % is 3.02. Alliant Energy's value of 3.62% is 19.9% above this industry median. Based on the distribution chart, Alliant Energy ranks #224 out of 511 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Alliant Energy has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alliant Energy's ROA % compare to EVRG and CMS?
According to the Utilities - Regulated industry distribution chart, Alliant Energy ranks #224 out of 511 companies for ROA %. This puts Alliant Energy in the upper half of its industry. The industry median ROA % is 3.02. Alliant Energy's value of 3.62% is 19.9% above this benchmark. Historically, Alliant Energy's own ROA % has ranged from 2.95 to 3.72 over the past decade. While the company's 10-year median is 3.47 vs. the industry median of 3.02, 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 ROA % for an Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.02, based on 511 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alliant Energy's current ROA % of 3.62% is 19.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Alliant Energy and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliant Energy's current ROA % is 3.62%, which is near median its own 10-year median of 3.47. 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?
Based on GuruFocus' analysis, Alliant Energy (FRA:AY1) is currently considered Modestly Overvalued. The stock's GF Value™ is €56.34, compared to a current price of €66.31 — trading 17.7% above its estimated fair value. The current ROA % is 3.62%, which is near median its 10-year median of 3.47 and 19.9% above the Utilities - Regulated industry median of 3.02. Alliant Energy's overall GF Score™ is 78/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Alliant Energy (FRA:AY1), the current ROA % is 3.62% 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 €66.31 is trading 17.7% above its estimated GF Value™ of €56.34.
GuruFocus considers Alliant Energy to be Modestly Overvalued.
Key valuation signals for FRA:AY1:
ROA %: 3.62% (near median its 10-year median of 3.47)
GF Value™: €56.34 vs. price of €66.31 (17.7% above fair value)
Industry Position: 19.9% above the Utilities - Regulated median (#224 of 511)
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.
78GF Score
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