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Alliant EnergyLNT

Electric Utilities · Madison, Wisconsin · In the S&P 500
Solid businessPricier than peers
$71.65+2.15%After hours: $71.58 (−0.10%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 5.7% over 1 year
Alliant Energy over 1 yearDaily close, $, to 30 Oct 2026
$65$70$75Nov2026MarMayJulSep$71.65$70NovMarJul$71.65
Source: Nasdaq daily closes
Market value$18.58B
Price to earnings19.9x
Forward P/E20.3x
Dividend yield2.99%
Year to date+10.2%
One year+5.7%
Next earningsNot scheduled
SectorUtilities
52-week range (closes)
$63.21$78.03

Quality and valuation

How Alliant Energy compares with other utilities stocks. A description, not a recommendation.

Alliant Energy and 7 electric utilities peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among utilities companies, priced above most of them.

Alliant Energy trades at 20.3 times the next 12 months of expected earnings, against a median of 18.6x for the 33 utilities stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +8.3% vs +8.3%
  • Keeps more of each sale (gross margin): 85.8% vs 75.8%
  • Less profitable (operating margin): 23.0% vs 23.0%
LNT trades at 20.3x forward earnings, above the sector medianForward p/e, Electric Utilities peers
VST15.1xEXC15.7xDUK18.8xAEP19.6xSO20.1xLNT20.3xCEG21.4xETR23.4xSector median 18.6xVST15.1xEXC15.7xDUK18.8xAEP19.6xSO20.1xLNT20.3xCEG21.4xETR23.4xSector median 18.6x
Source: CNBC quotes; Mostly Markets
At 22.5x earnings, LNT is pricier than its average since May 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
18x20x24xAverage 21.9x2025202622.5x20x25xAverage 21.9x2025202622.5x
Source: Nasdaq prices; SEC filings

Financials

From Alliant Energy's SEC filings, through the quarter ending 31 Mar 2026. Hover or tap a bar for its value.

Revenue grew 5.0% from a year earlierQuarterly revenue, $bn, latest Q1 ’26
$0.0bn$0.5bn$1.0bnQ2 ’24Q4 ’24Q2 ’25$1.2bnQ1 ’26$0.0bn$0.5bn$1.0bnQ2 ’24Q4 ’24Q2 ’25$1.2bnQ1 ’26
Source: SEC filings
Growth slowed to +5.0% last quarterRevenue growth, year on year, %
0%5%10%Q2 ’24Q4 ’24Q2 ’255.0%Q1 ’260%5%10%Q2 ’24Q4 ’24Q2 ’255.0%Q1 ’26
Source: SEC filings
Operating margin was 21.0% last quarterOperating income as a share of revenue, %
0%10%20%Q2 ’24Q4 ’24Q2 ’2521.0%Q1 ’260%10%20%Q2 ’24Q4 ’24Q2 ’2521.0%Q1 ’26
Source: SEC filings
Free cash flow by quarterQuarterly free cash flow (operating cash flow minus capex), $m
−$300m−$200m−$100m$0mQ2 ’24Q2 ’25$26mQ1 ’26−$200m$0mQ2 ’24Q2 ’25$26mQ1 ’26
Source: SEC filings
Last 12 monthsLNTSector median
Revenue growth+8.3%+8.3%
Gross margin85.8%75.8%
Operating margin23.0%23.0%
Price to earnings19.9x21.1x

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Similar companies

Electric Utilities, by market value.

CompanyPriceTodayYTDValue
SOSouthern$93.71+0.77%+7.5%$108B
DUKDuke Energy$127.39+1.18%+8.7%$99.33B
CEGConstellation Energy$262.38−0.83%−25.7%$92.96B
AEPAmerican Electric Power$130.21+0.67%+12.9%$70.90B
ETREntergy$110.11+0.13%+19.1%$52.61B
EXCExelon$46.16+0.54%+5.9%$47.65B
VSTVistra$138.37−1.83%−14.2%$46.44B
WECWEC Energy Group$116.07+1.26%+10.1%$37.82B