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Alliant Energy Corporation

Alliant Energy Corporation

NASDAQ•LNT
CEO: Ms. Lisa M. Barton
Sector: Utilities
Industry: Regulated Electric
Listing Date: 1988-01-05
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the United States. It operates in three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, packaging, and food industries, as well as wholesale customers comprising municipalities and rural electric cooperatives. In addition, the company owns and operates a short-line rail freight service in Iowa; a Mississippi River barge, rail, and truck freight terminal in Illinois; freight brokerage services; wind turbine blade recycling services; and a rail-served warehouse in Iowa. Further, it holds interests in a natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a wind farm located in Oklahoma. The company was formerly known as Interstate Energy Corp. and changed its name to Alliant Energy Corporation in May 1999. Alliant Energy Corporation was incorporated in 1981 and is headquartered in Madison, Wisconsin.
Contact Information
4902 North Biltmore Lane, Madison, WI, 53718-2148, United States
608-458-3311
www.alliantenergy.com
Market Cap
$16.61B
P/E (TTM)
20.8
18.2
Dividend Yield
3.1%
52W High
$69.75
52W Low
$56.30
52W Range
62%
Rank44Top 40.4%
4.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$1.21B+11.93%
4-Quarter Trend

EPS

$1.09-5.22%
4-Quarter Trend

FCF

$1.47B-1297.56%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Income and EPS Growth Consolidated net income $668M, up 23.7% for nine months 2025. Basic EPS grew to $2.60 from $2.11.
Revenue Growth Strong Total revenues $3,298M, increasing $293M for nine months 2025. Electric utility revenue led growth at $2,828M.
High Investment Cash Use Investing cash used totaled ($1,605M) for nine months 2025, reflecting increased construction expenditures of $1,487M.
Operating Cash Flow Stable Operating cash flow remained strong at $900M for nine months 2025, supporting significant capital deployment activities.

Risk Factors

Rate Recovery Uncertainty IPL retail electric rate moratorium continues impacting recovery. WPL solar cost overrun recovery awaits final PSCW written order.
Rising Financing Costs Interest expense rose to $372M for nine months 2025. Future financing costs expected to increase due to 2025 debt issuances.
Environmental Liability Exposure Whiting Petroleum guarantee exposure estimated at $54M maximum. Ongoing assessment of environmental rules impacts future operations.
Capital Project Execution Risks Large capital expenditure plans through 2029 face risks from inflation, supply shortages, and regulatory approval timing.

Outlook

Major Generation Investment Plans Planning significant capital investments through 2029, focusing on 2,000 MW gas, 1,300 MW storage, and 1,100 MW renewables.
Future Financing Strategy Expects issuing up to $2.4B common stock through 2029 via ATM program. Long-term debt issuance planned for 2026.
Targeted Dividend Increase Announced 5% targeted annual dividend increase for 2026 to $2.14 per share, subject to board approval requirements.
Data Center Load Growth Expecting retail electric sales increase in 2026 driven by load growth from new data center customers totaling 3 GW.

Peer Comparison

Revenue (TTM)

Korea Electric Power CorporationKEP
$69.54B
+5.8%
Edison InternationalEIX
$18.09B
+4.4%
CMS Energy CorporationCMS
$8.30B
+11.0%

Gross Margin (Latest Quarter)

NiSource Inc.NI
53.3%
+1.9pp
Edison InternationalEIX
50.0%
+13.3pp
Centrais Elétricas Brasileiras S.A. - EletrobrásEBR
47.9%
+3.4pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
EBR$25.67B21.55.5%26.7%
EIX$23.13B7.319.3%43.6%
KEP$21.71B5.015.6%0.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
7.4%
Steady Growth
4Q Net Income CAGR
23.3%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 19, 2026
|
EPS:$0.57
|
Revenue:$673.11M
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 7, 2025|
    Revenue: $1.21B+11.9%
    |
    EPS: $1.09-5.2%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 8, 2025|
    Revenue: $961.00M+7.5%
    |
    EPS: $0.68+100.0%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 9, 2025|
    Revenue: $1.13B+9.4%
    |
    EPS: $0.83+33.9%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 21, 2025|
    Revenue: $3.98B-1.1%
    |
    EPS: $2.69-3.2%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 1, 2024|
    Revenue: $1.08B+0.4%
    |
    EPS: $1.15+12.7%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 2, 2024|
    Revenue: $894.00M-2.0%
    |
    EPS: $0.34-46.9%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 3, 2024|
    Revenue: $1.03B-4.3%
    |
    EPS: $0.62-4.6%
    Meet
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 16, 2024|
    Revenue: $4.03B-4.2%
    |
    EPS: $2.78+1.8%
    Miss