Symbols / LNT Stock $72.63 +2.35% Alliant Energy Corporation

Utilities • Utilities - Regulated Electric • United States • NMS
LNT (Stock) Chart
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About

Alliant Energy Corporation operates as a utility holding company that provides regulated electric and natural gas services in the United States. It operates through IPL and WPL segments. The company's IPL segment engages primarily in the generation and distribution of electricity and the distribution and transportation of natural gas to retail customers in select markets in Iowa. This segment also sells electricity to wholesale customers in Minnesota, Illinois and Iowa; and generates and distributes steam for two customers in Cedar Rapids, Iowa. Its WPL segment generates and distributes electricity, and distributes and transports natural gas to retail customers in select markets 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 is headquartered in Madison, Wisconsin.

Stock Fundamentals
Scroll to Statements
Market Cap 18.76B Enterprise Value 30.45B Income 810.00M Sales 4.36B Book/sh 28.52 Cash/sh 2.16
Dividend Yield 2.87% Payout 64.65% Employees 2948 IPO — P/E 23.13 Forward P/E 19.74
PEG 2.40 P/S 4.30 P/B 2.55 P/C — EV/EBITDA 16.44 EV/Sales 6.98
Quick Ratio 0.49 Current Ratio 0.80 Debt/Eq 168.08 LT Debt/Eq — EPS (ttm) 3.14 EPS next Y 3.68
EPS Growth -5.80% Revenue Growth 9.00% Earnings 2026-04-30 ROA 2.64% ROE 11.30% ROIC —
Gross Margin 45.67% Oper. Margin 16.73% Profit Margin 18.57% Shs Outstand 258.28M Shs Float 256.35M Short Float 9.18%
Short Ratio 9.94 Short Interest — 52W High 74.40 52W Low 58.98 Beta 0.60 Avg Volume 2.53M
Volume 2.10M Target Price $77.09 Recom Buy Prev Close $70.96 Price $72.63 Change 2.35%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$77.09
Mean price target
2. Current target
$72.63
Latest analyst target
3. DCF / Fair value
$-95.43
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$72.63
Low
$71.00
High
$84.00
Mean
$77.09

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-17 main BMO Capital Outperform → Outperform $79
2026-04-15 main Barclays Equal-Weight → Equal-Weight $74
2026-03-16 main Mizuho Neutral → Neutral $74
2026-03-11 init RBC Capital — → Outperform $82
2026-02-23 main BMO Capital Outperform → Outperform $78
2026-01-21 up Barclays Underweight → Equal-Weight $67
2026-01-20 init Wells Fargo — → Overweight $71
2026-01-13 up BMO Capital Market Perform → Outperform $71
2026-01-09 down Argus Research Buy → Hold —
2025-12-17 main UBS Buy → Buy $75
2025-10-24 up UBS Neutral → Buy $79
2025-10-17 main BMO Capital Market Perform → Market Perform $71
2025-10-17 main B of A Securities Buy → Buy $74
2025-10-14 main Barclays Underweight → Underweight $65
2025-10-10 main UBS Neutral → Neutral $74
2025-08-14 main B of A Securities Buy → Buy $70
2025-08-11 main BMO Capital Market Perform → Market Perform $68
2025-07-11 main UBS Neutral → Neutral $67
2025-07-11 main Jefferies Buy → Buy $69
2025-07-07 up Wolfe Research Peer Perform → Outperform $68
News
RSS: Latest LNT news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-19 DURIAN ROBERT J. Chief Financial Officer — 33,832 $0.00 $0
2026-02-19 BARTON LISA M. J.D. Chief Executive Officer — 77,060 $0.00 $0
2026-02-19 DE LEON DAVID A. Officer — 10,922 $0.00 $0
2026-02-19 SUNDARARAJAN RAJA Officer — 27,552 $0.00 $0
2026-02-19 SMYTH ANTONIO P Officer — 18,354 $0.00 $0
2026-02-19 FARLINGER MAYURI Officer — 4,124 $0.00 $0
2026-02-19 SYSE DYLAN Officer — 1,813 $0.00 $0
2026-02-19 VALCQ REBECCA C Officer — 1,004 $0.00 $0
2025-04-15 SMYTH ANTONIO P Officer — 9,727 $0.00 $0
2025-02-20 LARSEN JOHN O Director — 32,198 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
4,362.00
+9.57%
3,981.00
-1.14%
4,027.00
-4.23%
4,205.00
Operating Revenue
4,273.00
+9.82%
3,891.00
-1.17%
3,937.00
-4.26%
4,112.00
Cost Of Revenue
2,370.00
+7.68%
2,201.00
-4.01%
2,293.00
-8.13%
2,496.00
Reconciled Cost Of Revenue
2,370.00
+7.68%
2,201.00
-4.01%
2,293.00
-8.13%
2,496.00
Gross Profit
1,992.00
+11.91%
1,780.00
+2.65%
1,734.00
+1.46%
1,709.00
Operating Expense
967.00
+8.17%
894.00
+13.02%
791.00
+1.28%
781.00
Total Expenses
3,337.00
+7.82%
3,095.00
+0.36%
3,084.00
-5.89%
3,277.00
Operating Income
1,025.00
+15.69%
886.00
-6.04%
943.00
+1.62%
928.00
Total Operating Income As Reported
1,025.00
+15.69%
886.00
-6.04%
943.00
+1.62%
928.00
EBITDA
1,993.00
+12.22%
1,776.00
+1.43%
1,751.00
+2.76%
1,704.00
Normalized EBITDA
1,930.00
+12.08%
1,722.00
+2.68%
1,677.00
+1.02%
1,660.00
Reconciled Depreciation
846.00
+9.59%
772.00
+14.20%
676.00
+0.75%
671.00
EBIT
1,147.00
+14.24%
1,004.00
-6.60%
1,075.00
+4.07%
1,033.00
Total Unusual Items
63.00
+16.67%
54.00
-27.03%
74.00
+68.18%
44.00
Total Unusual Items Excluding Goodwill
63.00
+16.67%
54.00
-27.03%
74.00
+68.18%
44.00
Special Income Charges
63.00
+16.67%
54.00
-27.03%
74.00
+68.18%
44.00
Other Special Charges
-63.00
-16.67%
-54.00
+27.03%
-74.00
-68.18%
-44.00
Net Income
810.00
+17.39%
690.00
-1.85%
703.00
+2.48%
686.00
Pretax Income
661.00
+14.76%
576.00
-18.53%
707.00
-0.14%
708.00
Net Non Operating Interest Income Expense
-486.00
-13.55%
-428.00
-16.30%
-368.00
-19.09%
-309.00
Interest Expense Non Operating
486.00
+13.55%
428.00
+16.30%
368.00
+13.23%
325.00
Net Interest Income
-486.00
-13.55%
-428.00
-16.30%
-368.00
-19.09%
-309.00
Interest Expense
486.00
+13.55%
428.00
+16.30%
368.00
+13.23%
325.00
Interest Income Non Operating
—
21.00
-19.23%
26.00
+62.50%
16.00
Interest Income
—
21.00
-19.23%
26.00
+62.50%
16.00
Other Income Expense
122.00
+3.39%
118.00
-10.61%
132.00
+48.31%
89.00
Other Non Operating Income Expenses
-1.00
-133.33%
3.00
+200.00%
-3.00
+50.00%
-6.00
Tax Provision
-149.00
-30.70%
-114.00
-2950.00%
4.00
-81.82%
22.00
Tax Rate For Calcs
0.00
+0.00%
0.00
+2000.00%
0.00
-66.67%
0.00
Tax Effect Of Unusual Items
13.23
+16.67%
11.34
+1432.43%
0.74
-43.94%
1.32
Net Income Including Noncontrolling Interests
810.00
+17.39%
690.00
-1.85%
703.00
+2.48%
686.00
Net Income From Continuing Operation Net Minority Interest
810.00
+17.39%
690.00
-1.85%
703.00
+2.48%
686.00
Net Income From Continuing And Discontinued Operation
810.00
+17.39%
690.00
-1.85%
703.00
+2.48%
686.00
Net Income Continuous Operations
810.00
+17.39%
690.00
-1.85%
703.00
+2.48%
686.00
Normalized Income
760.23
+17.44%
647.34
+2.79%
629.74
-2.11%
643.32
Net Income Common Stockholders
810.00
+17.39%
690.00
-1.85%
703.00
+2.48%
686.00
Diluted EPS
3.14
+16.73%
2.69
-3.24%
2.78
+1.83%
2.73
Basic EPS
3.15
+17.10%
2.69
-3.24%
2.78
+1.83%
2.73
Basic Average Shares
257.00
+0.19%
256.50
+1.38%
253.00
+0.84%
250.90
Diluted Average Shares
257.80
+0.39%
256.80
+1.38%
253.30
+0.84%
251.20
Diluted NI Availto Com Stockholders
810.00
+17.39%
690.00
-1.85%
703.00
+2.48%
686.00
Depreciation Amortization Depletion Income Statement
846.00
+9.59%
772.00
+14.20%
676.00
+0.75%
671.00
Depreciation And Amortization In Income Statement
846.00
+9.59%
772.00
+14.20%
676.00
+0.75%
671.00
Earnings From Equity Interest
60.00
-1.64%
61.00
+0.00%
61.00
+19.61%
51.00
Other Taxes
121.00
-0.82%
122.00
+6.09%
115.00
+4.55%
110.00
Preferred Stock Dividends
—
—
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
24,991.00
+10.02%
22,714.00
+6.95%
21,237.00
+5.33%
20,163.00
Current Assets
1,697.00
+43.33%
1,184.00
-6.92%
1,272.00
+1.76%
1,250.00
Cash Cash Equivalents And Short Term Investments
556.00
+586.42%
81.00
+30.65%
62.00
+210.00%
20.00
Cash And Cash Equivalents
556.00
+586.42%
81.00
+30.65%
62.00
+210.00%
20.00
Receivables
350.00
+32.58%
264.00
+1.93%
259.00
-21.75%
331.00
Accounts Receivable
129.00
+22.86%
105.00
-7.08%
113.00
+5.61%
107.00
Gross Accounts Receivable
139.00
+23.01%
113.00
-6.61%
121.00
+6.14%
114.00
Allowance For Doubtful Accounts Receivable
-10.00
-25.00%
-8.00
+0.00%
-8.00
-14.29%
-7.00
Receivables Adjustments Allowances
—
—
—
-7.00
Other Receivables
104.00
+79.31%
58.00
+9.43%
53.00
-51.38%
109.00
Inventory
288.00
-2.37%
295.00
-13.99%
343.00
+5.54%
325.00
Current Deferred Assets
126.00
-22.70%
163.00
-24.54%
216.00
+16.76%
185.00
Other Current Assets
377.00
-1.05%
381.00
-2.81%
392.00
+0.77%
389.00
Total Non Current Assets
23,294.00
+8.19%
21,530.00
+7.84%
19,965.00
+5.56%
18,913.00
Net PPE
20,344.00
+8.79%
18,701.00
+9.00%
17,157.00
+5.60%
16,247.00
Gross PPE
27,420.00
+8.39%
25,297.00
+7.96%
23,431.00
+5.18%
22,277.00
Accumulated Depreciation
-7,076.00
-7.28%
-6,596.00
-5.13%
-6,274.00
-4.05%
-6,030.00
Construction In Progress
1,742.00
+43.37%
1,215.00
-2.41%
1,245.00
-8.25%
1,357.00
Other Properties
1,231.00
+8.55%
1,134.00
+8.52%
1,045.00
+8.07%
967.00
Investments And Advances
694.00
+8.61%
639.00
+6.15%
602.00
+7.69%
559.00
Long Term Equity Investment
463.00
+11.57%
415.00
+7.51%
386.00
+7.82%
358.00
Other Investments
231.00
+3.13%
224.00
+3.70%
216.00
+7.46%
201.00
Non Current Deferred Assets
—
—
—
227.00
Other Non Current Assets
137.00
+8.73%
126.00
-28.81%
177.00
-22.03%
227.00
Total Liabilities Net Minority Interest
17,657.00
+12.39%
15,710.00
+8.64%
14,460.00
+4.13%
13,887.00
Current Liabilities
2,123.00
-21.80%
2,715.00
+17.84%
2,304.00
-2.50%
2,363.00
Payables And Accrued Expenses
622.00
-3.42%
644.00
+5.40%
611.00
-19.18%
756.00
Payables
498.00
-6.39%
532.00
-12.93%
611.00
-19.18%
756.00
Accounts Payable
498.00
-6.39%
532.00
-12.93%
611.00
-19.18%
756.00
Current Accrued Expenses
124.00
+10.71%
112.00
—
—
Employee Benefits
173.00
-22.77%
224.00
-10.04%
249.00
-10.11%
277.00
Total Tax Payable
—
—
—
—
Current Debt And Capital Lease Obligation
1,162.00
-32.79%
1,729.00
+34.66%
1,284.00
+22.29%
1,050.00
Current Debt
1,162.00
-32.79%
1,729.00
+34.66%
1,284.00
+22.29%
1,050.00
Other Current Borrowings
1,074.00
-8.28%
1,171.00
+44.75%
809.00
+98.28%
408.00
Current Deferred Liabilities
—
—
—
—
Other Current Liabilities
339.00
-0.88%
342.00
-16.38%
409.00
-26.57%
557.00
Total Non Current Liabilities Net Minority Interest
15,534.00
+19.54%
12,995.00
+6.90%
12,156.00
+5.48%
11,524.00
Long Term Debt And Capital Lease Obligation
10,954.00
+26.24%
8,677.00
+5.50%
8,225.00
+7.26%
7,668.00
Long Term Debt
10,954.00
+26.24%
8,677.00
+5.50%
8,225.00
+7.26%
7,668.00
Non Current Pension And Other Postretirement Benefit Plans
173.00
-22.77%
224.00
-10.04%
249.00
-10.11%
277.00
Non Current Deferred Liabilities
2,310.00
+5.58%
2,188.00
+7.15%
2,042.00
+5.10%
1,943.00
Non Current Deferred Taxes Liabilities
2,310.00
+5.58%
2,188.00
+7.15%
2,042.00
+5.10%
1,943.00
Other Non Current Liabilities
984.00
+3.91%
947.00
+53.48%
617.00
+19.11%
518.00
Stockholders Equity
7,334.00
+4.71%
7,004.00
+3.35%
6,777.00
+7.98%
6,276.00
Common Stock Equity
7,334.00
+4.71%
7,004.00
+3.35%
6,777.00
+7.98%
6,276.00
Capital Stock
3.00
+0.00%
3.00
+0.00%
3.00
+0.00%
3.00
Common Stock
3.00
+0.00%
3.00
+0.00%
3.00
+0.00%
3.00
Share Issued
257.50
+0.17%
257.06
+0.23%
256.48
+1.96%
251.54
Ordinary Shares Number
257.14
+0.17%
256.69
+0.23%
256.10
+1.98%
251.13
Treasury Shares Number
0.37
-1.28%
0.37
-1.82%
0.38
-5.75%
0.40
Additional Paid In Capital
3,101.00
+1.34%
3,060.00
+0.99%
3,030.00
+9.11%
2,777.00
Retained Earnings
4,243.00
+7.31%
3,954.00
+5.27%
3,756.00
+7.04%
3,509.00
Gains Losses Not Affecting Retained Earnings
1.00
+0.00%
1.00
+0.00%
1.00
0.00
Treasury Stock
—
—
—
—
Minority Interest
—
—
0.00
0.00
Other Equity Adjustments
1.00
+0.00%
1.00
+0.00%
1.00
—
Total Equity Gross Minority Interest
7,334.00
+4.71%
7,004.00
+3.35%
6,777.00
+7.98%
6,276.00
Total Capitalization
18,288.00
+16.63%
15,681.00
+4.53%
15,002.00
+7.59%
13,944.00
Working Capital
-426.00
+72.18%
-1,531.00
-48.35%
-1,032.00
+7.28%
-1,113.00
Invested Capital
19,450.00
+11.72%
17,410.00
+6.90%
16,286.00
+8.62%
14,994.00
Total Debt
12,116.00
+16.43%
10,406.00
+9.43%
9,509.00
+9.07%
8,718.00
Net Debt
11,560.00
+11.96%
10,325.00
+9.29%
9,447.00
+8.61%
8,698.00
Net Tangible Assets
7,334.00
+4.71%
7,004.00
+3.35%
6,777.00
+7.98%
6,276.00
Tangible Book Value
7,334.00
+4.71%
7,004.00
+3.35%
6,777.00
+7.98%
6,276.00
Commercial Paper
88.00
-84.23%
558.00
+17.47%
475.00
-26.01%
642.00
Current Deferred Taxes Liabilities
—
—
—
—
Interest Payable
124.00
+10.71%
112.00
—
—
Other Equity Interest
-14.00
+0.00%
-14.00
-7.69%
-13.00
+0.00%
-13.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
1,169.00
+0.17%
1,167.00
+34.60%
867.00
+78.40%
486.00
Cash Flow From Continuing Operating Activities
1,169.00
+0.17%
1,167.00
+34.60%
867.00
+78.40%
486.00
Net Income From Continuing Operations
810.00
+17.39%
690.00
-1.85%
703.00
+2.48%
686.00
Depreciation Amortization Depletion
846.00
+9.59%
772.00
+14.20%
676.00
+0.75%
671.00
Depreciation And Amortization
846.00
+9.59%
772.00
+14.20%
676.00
+0.75%
671.00
Other Non Cash Items
27.00
-28.95%
38.00
+197.44%
-39.00
-129.41%
-17.00
Deferred Tax
-158.00
-35.04%
-117.00
-935.71%
14.00
+7.69%
13.00
Deferred Income Tax
-158.00
-35.04%
-117.00
-935.71%
14.00
+7.69%
13.00
Change In Working Capital
-356.00
-64.81%
-216.00
+55.65%
-487.00
+43.83%
-867.00
Change In Receivables
-652.00
-19.20%
-547.00
-32.13%
-414.00
+38.39%
-672.00
Changes In Account Receivables
-652.00
-19.20%
-547.00
-32.13%
-414.00
+38.39%
-672.00
Change In Inventory
—
—
-62.00
-129.63%
-27.00
Change In Payables And Accrued Expense
14.00
-85.42%
96.00
+178.69%
-122.00
-256.41%
78.00
Change In Payable
14.00
-85.42%
96.00
+178.69%
-122.00
-256.41%
78.00
Change In Account Payable
14.00
-85.42%
96.00
+178.69%
-122.00
-256.41%
78.00
Change In Other Working Capital
136.00
-58.15%
325.00
+563.27%
49.00
+138.89%
-126.00
Change In Other Current Assets
6.00
-53.85%
13.00
-91.28%
149.00
+188.17%
-169.00
Change In Other Current Liabilities
140.00
+235.92%
-103.00
+30.87%
-149.00
-777.27%
22.00
Investing Cash Flow
-1,896.00
-22.56%
-1,547.00
-10.42%
-1,401.00
-50.16%
-933.00
Cash Flow From Continuing Investing Activities
-1,896.00
-22.56%
-1,547.00
-10.42%
-1,401.00
-50.16%
-933.00
Net PPE Purchase And Sale
—
-1,224.00
-71.91%
-712.00
-91.40%
-372.00
Purchase Of PPE
—
-1,224.00
-71.91%
-712.00
-91.40%
-372.00
Capital Expenditure
—
-1,224.00
-71.91%
-712.00
-91.40%
-372.00
Net Business Purchase And Sale
-2,483.00
-16.79%
-2,126.00
-22.61%
-1,734.00
-16.85%
-1,484.00
Purchase Of Business
-2,483.00
-10.40%
-2,249.00
-21.31%
-1,854.00
-24.93%
-1,484.00
Net Other Investing Changes
587.00
+1.38%
579.00
+73.87%
333.00
-39.56%
551.00
Financing Cash Flow
1,202.00
+202.01%
398.00
-30.54%
573.00
+32.95%
431.00
Cash Flow From Continuing Financing Activities
1,202.00
+202.01%
398.00
-30.54%
573.00
+32.95%
431.00
Net Issuance Payments Of Debt
1,700.00
+91.66%
887.00
+13.72%
780.00
-6.25%
832.00
Issuance Of Debt
2,470.00
+53.13%
1,613.00
+10.86%
1,455.00
+8.74%
1,338.00
Repayment Of Debt
-300.00
+62.92%
-809.00
-59.25%
-508.00
+19.75%
-633.00
Long Term Debt Issuance
2,470.00
+53.13%
1,613.00
+10.86%
1,455.00
+8.74%
1,338.00
Long Term Debt Payments
-300.00
+62.92%
-809.00
-59.25%
-508.00
+19.75%
-633.00
Net Long Term Debt Issuance
2,170.00
+169.90%
804.00
-15.10%
947.00
+34.33%
705.00
Net Short Term Debt Issuance
-470.00
-666.27%
83.00
+149.70%
-167.00
-231.50%
127.00
Net Common Stock Issuance
23.00
+0.00%
23.00
-90.65%
246.00
+884.00%
25.00
Common Stock Dividend Paid
-521.00
-5.89%
-492.00
-7.89%
-456.00
-6.54%
-428.00
Cash Dividends Paid
-521.00
-5.89%
-492.00
-7.89%
-456.00
-6.54%
-428.00
Repurchase Of Capital Stock
—
—
0.00
0.00
Net Other Financing Charges
—
-20.00
-766.67%
3.00
+50.00%
2.00
Changes In Cash
475.00
+2538.89%
18.00
-53.85%
39.00
+343.75%
-16.00
Beginning Cash Position
81.00
+28.57%
63.00
+162.50%
24.00
-40.00%
40.00
End Cash Position
556.00
+586.42%
81.00
+28.57%
63.00
+162.50%
24.00
Free Cash Flow
1,169.00
+0.17%
1,167.00
+34.60%
867.00
+78.40%
486.00
Interest Paid Supplemental Data
500.00
+15.21%
434.00
+14.81%
378.00
+21.54%
311.00
Income Tax Paid Supplemental Data
266.00
+35.03%
197.00
+123.86%
88.00
+1366.67%
6.00
Common Stock Issuance
23.00
+0.00%
23.00
-90.65%
246.00
+884.00%
25.00
Issuance Of Capital Stock
23.00
+0.00%
23.00
-90.65%
246.00
+884.00%
25.00
Net Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Payments
—
—
0.00
0.00
Sale Of Business
0.00
-100.00%
123.00
+2.50%
120.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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