Saturday 17 October 2026 Export LNT’s income statement to Excel — free account

Alliant Energy Corporation

LNT Utilities Utilities Regulated Electric

Alliant Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, up 9.57% from fiscal 2024. In the quarter to June 2026, revenue grew 1.04%, EPS fell 2.94%, free cash flow fell 106.3% and total debt rose 7.17%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, operating cash flow growth for three.

68.32 1.22 +1.82%

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Market cap: $17.4B
P/E: 21.6×
Fwd P/E: 21.2×
Dividend yield: 3.09%
F-score: 6/9
Altman Z: 1.09
Beneish M: −2.46
Dividend safety: 38/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 0.00

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	1	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 17,400.00

Revenue 4,428.00

Net Income 817.00

Free Cash Flow (1,282.00)

Net Debt 12,093.00

Current Ratio 0.47

Debt/Equity 1.61

P/E ratio 21.55

Fwd P/E 21.20

P/S ratio 3.99

P/B ratio 2.35

Past 5Y EPS Growth 4.92%

This Y EPS Growth 6.44%

Next Y EPS Growth 7.33%

Next Y revenue growth 4.65%

Next 5Y EPS Growth 7.79%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 51.49%

10-year low 10-year high

P/S against its own 10 years 80.65%

10-year low 10-year high

P/B against its own 10 years 61.08%

10-year low 10-year high

EV/Sales against its own 10 years 94.10%

10-year low 10-year high

Dividends

Payout Ratio 0.67

Annual Dividend Rate 2.11

Annual Dividend Yield 3.09%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.15	0.54 0.54 0.54
2025	2.03	0.51 0.51 0.51 0.51
2024	1.92	0.48 0.48 0.48 0.48
2023	1.81	0.45 0.45 0.45 0.45
2022	1.71	0.43 0.43 0.43 0.43
2021	1.61	0.40 0.40 0.40 0.40
2020	1.52	0.38 0.38 0.38 0.38
2019	1.42	0.36 0.36 0.36 0.36
2018	1.34	0.34 0.34 0.34 0.34
2017	1.26	0.32 0.32 0.32 0.32
2016	1.18	0.29 0.29 0.29 0.29

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	62	81	556	25
Receivables	475	427	476	421
Inventory	343	295	288	298
Other	392	381	377	456
	1,272	1,184	1,697	1,200

	2023	2024	2025	Q'26
Payables	611	532	498	628
ST’ Debt	1,284	1,729	1,162	1,482
Other	409	342	339	348
	2,304	2,715	2,123	2,574

Compound Annual Growth %

	10y	5y	3y
Sales	2.98%	5.01%	1.23%
Cash Flow	2.98%	18.47%	33.99%
Earnings	7.91%	5.70%	5.69%
Book Value	6.45%	4.49%	5.33%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,184	971	—	—	—
’25	1,128	961	1,210	1,063	4,362
’24	1,031	894	1,081	975	3,981
’23	1,077	912	1,077	961	4,027
’22	1,068	943	1,135	1,059	4,205
’21	901	817	1,024	927	3,669
’20	916	763	920	817	3,416

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	368	113	—	—	—
’25	249	243	408	269	1,169
’24	307	255	351	254	1,167
’23	188	123	311	245	867
’22	251	49	185	1	486
’21	145	62	270	105	582
’20	160	159	117	65	501

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(46)	(495)	—	—	—
’25	(333)	(240)	(175)	(566)	(1,314)
’24	(203)	(195)	(123)	(561)	(1,082)
’23	(263)	(246)	(162)	(316)	(987)
’22	(79)	(214)	(164)	(541)	(998)
’21	(86)	(165)	(104)	(232)	(587)
’20	(129)	(160)	(249)	(327)	(865)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.87	0.65	—	—	—
’25	0.83	0.68	1.09	0.55	3.14
’24	0.62	0.34	1.15	0.58	2.69
’23	0.65	0.64	1.02	0.47	2.78
’22	0.77	0.63	0.90	0.43	2.73
’21	0.68	0.57	1.02	0.35	2.63
’20	0.70	0.54	0.98	0.26	2.47

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	30.38	36.56	36.84	40.75	37.66	45.99	47.19	45.15	46.80	56.30	Analyst estimates 2026–2028 Powerpack
	High	40.99	45.55	46.58	55.40	60.28	62.35	65.37	56.26	64.19	69.75
People
People	Employees	3,978	3,989	3,885	3,597	3,375	3,313	3,129	3,281	2,998	2,948
	Revenue/emp, $m	0.83	0.85	0.91	1.01	1.01	1.11	1.34	1.23	1.33	1.48
Income, $m
Income, $m	Revenue	3,320	3,382	3,534	3,648	3,416	3,669	4,205	4,027	3,981	4,362
	Gross margin, %	68.42	69.56	69.24	72.62	75.59	75.47	71.01	74.30	78.60	76.96
	EBT	443	533	570	636	567	600	708	707	576	661
	EBT margin, %	13.36	15.75	16.13	17.43	16.60	16.35	16.84	17.56	14.47	15.15
	Net income	382	468	522	567	624	674	686	703	690	810
	Depreciation	407	462	507	567	615	657	671	676	772	846
Per share, $
Per share, $	Revenue	14.62	14.72	15.13	15.30	13.75	14.66	16.76	15.92	15.52	16.97
	Earnings	1.64	1.99	2.19	2.34	2.47	2.63	2.73	2.78	2.69	3.15
	Cash flow	1.73	2.27	2.26	2.77	2.02	2.33	1.94	3.43	4.55	4.55
	Capex	(5.27)	(6.39)	(6.99)	(6.88)	(5.50)	(4.67)	(5.91)	(7.33)	(8.77)	(9.66)
	Free cash flow	(3.54)	(4.12)	(4.73)	(4.11)	(3.48)	(2.35)	(3.98)	(3.90)	(4.22)	(5.11)
	Book value	17.89	19.08	20.49	22.66	23.70	23.94	25.01	26.79	27.31	28.54
	Shares, m	227	230	234	239	248	250	251	253	257	257
Valuation, ×
Valuation, ×	P/E	23.06	21.16	19.38	23.38	20.69	23.37	20.28	18.66	21.99	20.64
	P/S	2.59	2.86	2.79	3.58	3.75	4.19	3.30	3.26	3.81	3.83
	P/B	2.23	2.31	2.15	2.51	2.25	2.57	2.21	1.94	2.17	2.28
	EV/Sales	3.97	4.41	4.47	5.36	5.83	6.33	5.37	5.61	6.40	6.48
	EV/FCF	(16.38)	(15.79)	(14.28)	(19.96)	(23.02)	(39.56)	(22.64)	(22.87)	(23.56)	(21.51)
Cash, $m
Cash, $m	Operating cash flow	393	522	528	660	501	582	486	867	1,167	1,169
	Capex	(1,197)	(1,467)	(1,634)	(1,640)	(1,366)	(1,169)	(1,484)	(1,854)	(2,249)	(2,483)
	Free cash flow	(804)	(945)	(1,106)	(980)	(865)	(587)	(998)	(987)	(1,082)	(1,314)
Balance, $m
Balance, $m	Working capital	(285)	(1,244)	(859)	(1,178)	(410)	(985)	(1,113)	(1,032)	(1,531)	(426)
	Total debt	4,564	5,282	5,944	6,527	7,166	7,883	8,718	9,509	10,406	12,116
	Net debt	4,556	5,254	5,923	6,511	7,112	7,844	8,698	9,447	10,325	11,560
	Shareholders’ equity	4,062	4,382	4,786	5,405	5,888	5,990	6,276	6,777	7,004	7,334
Returns, %
Returns, %	ROA	2.87	3.32	3.46	3.47	3.57	3.63	3.54	3.40	3.14	3.40
	ROIC	4.02	4.35	4.05	4.08	3.56	3.59	3.87	3.63	3.20	3.39
	ROE	9.79	11.37	11.68	11.38	11.27	11.29	11.19	10.77	10.01	11.30

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CNP CenterPoint Energy, Inc.	$26.2B	23.9×	22.8×	+10.70% (above 0%: growing)	+23.33% (above 0%: growing)	−4.04% (below 0%: shrinking)	86.94%	24.81%	Compare
PPL PPL Corporation	$26.0B	20.7×	18.6×	+4.25% (above 0%: growing)	+24.00% (above 0%: growing)	−112.80% (below 0%: shrinking)	71.67%	22.50%	Compare
ES Eversource Energy	$24.9B	17.3×	15.4×	+2.29% (above 0%: growing)	−85.42% (below 0%: shrinking)	+398.93% (above 0%: growing)	67.64%	18.63%	Compare
EIX Edison International	$21.4B	5.7×	12.2×	−4.09% (below 0%: shrinking)	+56.18% (above 0%: growing)	+30.60% (above 0%: growing)	73.90%	25.06%	Compare
CMS CMS Energy Corporation	$21.0B	20.7×	18.6×	−0.49% (below 0%: shrinking)	−43.94% (below 0%: shrinking)	+26.60% (above 0%: growing)	63.09%	14.43%	Compare
EVRG Evergy Inc.	$18.8B	20.7×	19.6×	+4.39% (above 0%: growing)	+25.68% (above 0%: growing)	−101.48% (below 0%: shrinking)	70.18%	25.37%	Compare
LNT Alliant Energy Corporation	$17.4B	21.6×	21.2×	+1.04% (above 0%: growing)	−2.94% (below 0%: shrinking)	−106.25% (below 0%: shrinking)	82.60%	19.05%
KEP Korea Electric Power Corporation	$13.7B	2.5×	3.8×	−0.14% (below 0%: shrinking)	−77.78% (below 0%: shrinking)	−689.05% (below 0%: shrinking)	8.72%	5.15%	Compare
PNW Pinnacle West Capital Corporation	$12.3B	19.5×	21.9×	+7.14% (above 0%: growing)	−8.70% (below 0%: shrinking)	+36.77% (above 0%: growing)	61.64%	21.00%	Compare
Median of peers	$21.2B	20.1×	18.6×	+3.27%	+7.32%	+11.28%	68.91%	21.75%

All 40 Utilities Regulated Electric stocks →

Alliant Energy Corporation (LNT) key facts

Strength: Alliant Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, up 9.57% from fiscal 2024.
Strength: Net income was $810.0 million, or $3.15 per share (basic), a net margin of 18.6%.
Alliant Energy Corporation (LNT) is an Utilities Regulated Electric company in the Utilities sector, listed on Nasdaq.
As of October 16, 2026, LNT traded at $68.32, a market capitalization of $17.4 billion.
At that price the stock trades at 21.6× trailing-twelve-month earnings and 4.0× sales; its P/E is higher than 51% of its own readings over the past ten years.
Alliant Energy Corporation pays an annual dividend of $2.11 per share, a yield of 3.09%, with a payout ratio of 66.9%.
Return on equity was 11.3% and debt-to-equity 1.61.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.09 (distress zone) for fiscal 2025.