Alliant Energy Corporation (LNT) vs PPL Corporation (PPL)

Alliant Energy Corporation and PPL Corporation are both Utilities Regulated Electric companies. PPL Corporation is the larger, with a market value of $24.1B against $16.4B — 1.5× the size. PPL Corporation trades at the lower P/E: 18.8× against 20.1×. Alliant Energy Corporation grew revenue faster over the last twelve months: 6.83% against 6.72%. Alliant Energy Corporation has the higher net margin (18.5% vs 13.5%) and the lower return on invested capital (3.12% vs 4.04%). Both pay a dividend; Alliant Energy Corporation yields more (3.81% vs 3.74%). Across the 22 metrics below, PPL Corporation leads on 14 and Alliant Energy Corporation on 8.

Valuation

Metric LNT PPL Utilities Regulated Electric median
P/E 20.06 18.84 18.84
P/S 3.71 2.56 2.52
P/B 2.18 1.60 1.63
Price to free cash flow n/m n/m 36.22
EV/EBITDA 15.45 11.71 11.82
EV/Sales 6.44 4.69 4.58
Earnings yield 4.98% 5.31% 5.30%
Free cash flow yield (7.80%) (8.37%) (5.06%)

Profitability

Metric LNT PPL Utilities Regulated Electric median
Gross margin 76.90% 68.62% 66.28%
Operating margin 22.11% 24.10% 21.79%
Net margin 18.45% 13.45% 12.94%
Free cash flow margin (28.95%) (21.20%) (11.51%)
Return on equity 11.14% 8.62% 9.75%
Return on assets 3.33% 2.85% 2.75%
Return on invested capital 3.12% 4.04% 3.87%

Growth

Metric LNT PPL Utilities Regulated Electric median
Revenue growth (TTM) 6.83% 6.72% 7.43%
EPS growth (last fiscal year) 16.73% 32.50% —
Revenue growth, 5-year CAGR 5.01% 10.56% 6.75%
Net income growth, 5-year CAGR 5.70% (4.30%) 6.44%

Health

Metric LNT PPL Utilities Regulated Electric median
Debt to equity 1.61 1.35 1.53
Current ratio 0.47 0.91 0.81
Net debt to EBITDA 6.18 5.16 5.25

Dividend

Metric LNT PPL Utilities Regulated Electric median
Dividend yield 3.81% 3.74% 4.33%
Payout ratio 0.67 0.96 0.66

Size

Metric LNT PPL Utilities Regulated Electric median
Market cap 16.42b 24.06b 22.90b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack