Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light. Together, IPL and WPL serve nearly 1 million electric customers and 425,000 natural gas-only customers.
It is a $17.1B utility company. Revenue grew 6.9% over the last year, it keeps 18¢ of every dollar of sales as profit, and it carries $10.5B of net debt. It trades at 20.9× earnings — around the middle of its own history.
- Website
- alliantenergy.com
- Location
- Madison, WI
- Employees
- 2 948
- Sector
- Utilities
- Founded
- 1925
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Valuation, Growth and Health lag behind.
Valuation44
- P/E vs own history44th pct · 12/25
- FCF yield-6.2% · 0/25
- P/S4.0x · 20/25
- EV/EBITDA15.8x · 12/25
Growth38
- Revenue CAGR4.4% · 6/25
- Net income CAGR4.7% · 6/25
- EPS CAGR ~5Y4.6% · 6/25
- Fwd implied growth16.8% · 20/25
Profitability57
- ROIC4.5% · 5/25
- ROE11.0% · 12/25
- Net margin18.4% · 20/25
- Operating margin22.8% · 20/25
Health18
- Altman Z0.90 · 3/25
- Current ratio0.47 · 0/25
- Interest coverage2.8x · 10/25
- Net cash / debtD/A 42% · 5/25
Quality67
- Piotroski F7/9 · 22/25
- Beneish M-2.23 · 20/25
- FCF conversion-129% · 0/25
- Margin stabilityσ 2.4% · 25/25
Moat50
- ROIC >12% years0/10 yrs · 0/25
- Median gross margin85.4% · 25/25
- FCF-positive years0/7 yrs · 0/25
- Worst-year net marginworst 11.5% · 25/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialBest year on record$810M net income
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$3.32B in first reported year
- 2007AcquisitionIt acquired 200 MW Buffalo Creek Wind Farm at Hampton, Iowa from Wind Capital Group
- 2000AcquisitionThe utility purchased the naming rights to the campus of the Dane County Expo Center just southwest of…
- 1925FoundedThe other part of IPL — IES Utilities — incorporated in Iowa in 1925 as the Iowa Railway and Light Corporation and…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
- Negative free cash flow (-$1.1B)
- Altman Z-Score 0.90 — elevated financial-distress risk
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+6.9% YoY
- Profitable — makes more than it spends$817M TTM
- Profit growing — earnings are higher than last year+4.8% YoY
- Generates cash — cash left after running and investing-$1.06B TTM
- Debt under control — could handle its obligationscurrent ratio 0.47
- Established company — not a micro-cap — lower blow-up risk$17.1B market cap
- Not printing shares — share count not ballooning — you keep your slice+3.7% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 0.9 — distress
- Pays a dividend — returns cash to shareholdersyield 3.13%
- Valuation not extreme — price not wildly above earningsP/E 20.9
Peer comparisonAlliant Energy Corporation vs 6 largest utilities peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| LNT this company | $17.1B | 20.9 | +6.9% | 18.4% | Strained |
| NEE NextEra Energy, Inc. | $161.3B | 17.4 | +10.8% | 32.4% | Strained |
| CEG Constellation Energy Corporation | $105.8B | 30.5 | +26.0% | 11.1% | Strained |
| SO The Southern Company | $99.1B | 21.3 | +6.4% | 15.4% | Strained |
| DUK Duke Energy Corporation | $90.9B | 17.3 | +6.3% | 15.8% | Strained |
| WMB Williams Companies Inc. | $89.2B | 29.0 | +8.7% | 25.2% | Strained |
| KMI Kinder Morgan, Inc. | $72.4B | 20.9 | +12.5% | 19.3% | Strained |
Head-to-head: LNT vs NEE · LNT vs CEG · LNT vs SO
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/LNT
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of LNT on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $65.85 · market cap $17.1B.