Alliant Energy Corporation (LNT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$0.8	$0.82	+2.5%	—	—	—
Q3 26	$0.58	$0.6	+3.4%	—	—	—
Q2 26	$1.19	$1.12	-5.9%	—	—	—
Q1 26	$0.64	$0.68	+6.3%	—	—	—
Q4 25	$0.71	$0.83	+16.9%	—	—	—
Q3 25	$0.68	$0.7	+2.9%	—	—	—
Q2 25	$1.1	$1.15	+4.5%	—	—	—
Q1 25	$0.64	$0.57	-10.9%	—	—	—
Q4 24	$0.62	$0.62	0.0%	—	—	—
Q3 24	$0.55	$0.48	-12.7%	—	—	—
Q2 24	$0.93	$1.02	+9.7%	—	—	—
Q1 24	$0.57	$0.64	+12.3%	—	—	—
Q4 23	$0.73	$0.65	-11.0%	—	—	—
Q3 23	$0.47	$0.43	-8.5%	—	—	—
Q2 23	$1.01	$0.93	-7.9%	—	—	—
Q1 23	$0.58	$0.63	+8.6%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$3.15	—	—	$4.4B	—
FY24	—	$2.69	—	—	$4B	—
FY23	—	$2.78	—	—	$4B	—
FY22	—	$2.73	—	—	$4.2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$3.3B	$3.4B	$3.5B	$3.6B	$3.4B	$3.7B	$4.2B	$4B	$4B	$4.4B
YoY change	+2.04%	+1.87%	+4.49%	+3.23%	-6.36%	+7.41%	+14.6%	-4.23%	-1.14%	+9.57%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	3.3B	3.4B	3.5B	3.6B	3.4B	3.7B	4.2B	4B	4B	4.4B
Cost of revenue	2.2B	2.1B	2.2B	2.2B	2B	2.1B	2.5B	2.3B	2.2B	2.4B
Gross profit	1.1B	1.2B	1.3B	1.5B	1.5B	1.6B	1.7B	1.7B	1.8B	2B
Gross margin	34.3%	36.6%	36.9%	39.9%	42.8%	42.4%	40.6%	43.1%	44.7%	45.7%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	—	—
Operating expenses	—	—	—	—	—	—	—	—	—	—
Operating income	623.9M	671.2M	694M	778M	740M	795M	928M	943M	886M	1B
Operating margin	18.8%	19.8%	19.6%	21.3%	21.7%	21.7%	22.1%	23.4%	22.3%	23.5%
Non-operating income, net	-89.1M	-6.1M	-4M	-28M	8M	39M	1M	-16M	118M	122M
Pretax income	443.4M	532.8M	570M	636M	567M	600M	708M	707M	576M	661M
Income tax	59.4M	66.7M	48M	69M	-57M	-74M	22M	4M	-114M	-149M
Net income	381.7M	467.5M	522M	567M	624M	674M	686M	703M	690M	810M
Net margin	11.5%	13.8%	14.8%	15.5%	18.3%	18.4%	16.3%	17.5%	17.3%	18.6%
EBITDA	1.2B	1.3B	1.4B	1.6B	1.5B	1.6B	1.8B	1.9B	1.7B	1.9B
EPS	1.64	1.99	2.19	2.34	2.47	2.63	2.73	2.78	2.69	3.15
Diluted EPS	1.64	1.99	2.19	2.33	2.47	2.63	2.73	2.78	2.69	3.14

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26
Revenue	912M	1.1B	961M	1B	894M	1.1B	976M	1.1B	961M	1.2B	1.1B	1.2B
Cost of revenue	500M	557M	577M	589M	547M	544M	522M	630M	499M	621M	622M	680M
Gross profit	412M	520M	384M	442M	347M	537M	454M	498M	462M	589M	442M	504M
Gross margin	45.2%	48.3%	40%	42.9%	38.8%	49.7%	46.5%	44.1%	48.1%	48.7%	41.5%	42.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	—	—	—	—
Operating expenses	—	—	—	—	60M	—	—	—	—	—	—	—
Operating income	217M	322M	183M	222M	130M	313M	221M	257M	223M	349M	197M	249M
Operating margin	23.8%	29.9%	19%	21.5%	14.5%	29%	22.6%	22.8%	23.2%	28.8%	18.5%	21%
Non-operating income, net	39M	41M	-130M	33M	32M	34M	18M	28M	32M	42M	19M	56M
Pretax income	160M	264M	122M	148M	54M	233M	140M	166M	131M	263M	102M	163M
Income tax	0	5M	1M	-10M	-33M	-62M	-10M	-47M	-43M	-18M	-40M	-61M
Net income	160M	259M	121M	158M	87M	295M	150M	213M	174M	281M	142M	224M
Net margin	17.5%	24%	12.6%	15.3%	9.73%	27.3%	15.4%	18.9%	18.1%	23.2%	13.3%	18.9%
EBITDA	399M	505M	571M	425M	331M	522M	465M	478M	441M	578M	433M	498M
EPS	0.64	1.02	0.47	0.62	0.34	1.15	0.58	0.83	0.68	1.09	0.55	0.87
Diluted EPS	0.64	1.02	0.47	0.62	0.34	1.15	0.58	0.83	0.68	1.09	0.55	0.87

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	8.6B	9.8B	9.9B	13.1B	12.8B	15.4B	13.9B	13B	15.2B	16.7B	16.4B
Enterprise value	13.2B	15B	15.8B	19.6B	19.9B	23.2B	22.6B	22.4B	25.5B	28.3B	28.6B
Shares outstanding	227.1M	229.7M	233.6M	238.5M	248.4M	250.2M	250.9M	253M	256.5M	257M	257M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	22.5	20.9	18.9	23	20.5	22.8	20.2	18.5	22	20.6	20
P/S	2.59	2.89	2.79	3.58	3.75	4.19	3.29	3.22	3.81	3.83	3.7
P/B	2.12	2.23	2.06	2.41	2.17	2.57	2.21	1.92	2.17	2.28	2.18
EV/EBITDA	11	11.9	11.3	12.5	13.2	14.9	12.8	11.9	14.6	14.6	15.6
EV/Sales	3.96	4.45	4.47	5.36	5.83	6.33	5.36	5.57	6.4	6.48	6.45
Earnings yield	4.44%	4.78%	5.29%	4.34%	4.87%	4.38%	4.95%	5.42%	4.55%	4.85%	5%
FCF yield	4.56%	5.33%	5.35%	5.06%	3.91%	3.78%	3.51%	6.68%	7.69%	7%	-6.95%
PEG	—	—	—	—	—	—	—	—	—	—	4.15

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	34.3%	36.6%	36.9%	39.9%	42.8%	42.4%	40.6%	43.1%	44.7%	45.7%	42.6%
Operating margin	18.8%	19.8%	19.6%	21.3%	21.7%	21.7%	22.1%	23.4%	22.3%	23.5%	19.1%
Net margin	11.5%	13.8%	14.8%	15.5%	18.3%	18.4%	16.3%	17.5%	17.3%	18.6%	18.4%
ROE	9.4%	10.7%	10.9%	10.5%	10.6%	11.3%	10.9%	10.4%	9.85%	11%	11.1%
ROA	2.85%	3.3%	3.38%	3.4%	3.52%	3.63%	3.4%	3.31%	3.04%	3.24%	2.45%
ROIC	6.27%	6.09%	5.93%	5.82%	5.69%	5.75%	6%	5.78%	5.11%	5.43%	5.32%
Return on tangible assets	2.85%	3.3%	3.38%	3.4%	3.52%	3.63%	3.4%	3.31%	3.04%	3.24%	3.31%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.75	0.42	0.48	0.43	0.68	0.52	0.53	0.55	0.44	0.8	0.47
Quick ratio	0.56	0.32	0.35	0.32	0.52	0.4	0.39	0.4	0.33	0.66	0.53
Debt / equity	1.12	1.21	1.24	1.21	1.22	1.32	1.39	1.4	1.49	1.65	1.61
Debt / assets	0.34	0.37	0.39	0.39	0.4	0.42	0.43	0.45	0.46	0.48	0.48
Net debt / EBITDA	3.8	4.17	4.23	4.15	4.7	5.03	4.93	5.03	5.92	5.99	6.01
Interest coverage	3.05	3.3	3.1	3.12	2.95	3.11	3.08	2.68	2.28	2.36	2.3
Effective tax rate	13.4%	12.5%	8.42%	10.8%	0%	0%	3.11%	0.57%	0%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	14.6	14.7	15.1	15.3	13.8	14.7	16.8	15.9	15.5	17	17.2
EPS (basic)	1.64	1.99	2.19	2.34	2.47	2.63	2.73	2.78	2.69	3.15	3.15
EPS (diluted)	1.64	1.99	2.19	2.33	2.47	2.63	2.73	2.78	2.69	3.14	3.16
Book value per share	17.9	19.1	20.5	22.7	23.7	23.9	25	26.8	27.3	28.5	29
FCF per share	1.73	2.27	2.26	2.77	2.02	2.33	1.94	3.43	4.55	4.55	4.98
Cash per share	0.04	0.12	0.09	0.07	0.22	0.16	0.08	0.25	0.32	2.16	0.1
Capex per share	0	0	—	—	—	—	—	—	4.77	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0%	0%	—	—	—	—	—	—	30.7%	—	—
Capex / operating cash flow	0%	0%	—	—	—	—	—	—	104.9%	—	—
Payout ratio	69.8%	61.7%	59.8%	59.4%	60.4%	59.8%	62.4%	64.9%	71.3%	64.3%	66%
Dividend yield	3.1%	2.95%	3.16%	2.58%	2.95%	2.62%	3.09%	3.51%	3.24%	3.12%	3.39%

Yield

3.39%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.535

ex-dividend Jul 31, 2026

Payout ratio

66%

of earnings

Dividend growth

21 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 31, 2026	$0.535
Apr 30, 2026	$0.535
Jan 30, 2026	$0.535

Period	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26
Revenue	$912M	$1.1B	$961M	$1B	$894M	$1.1B	$976M	$1.1B	$961M	$1.2B	$1.1B	$1.2B
YoY change	-3.29%	-5.11%	-9.17%	-4.27%	-1.97%	+0.37%	+1.56%	+9.41%	+7.49%	+11.9%	+9.02%	+4.96%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	8.2M	27.9M	20.9M	16M	54M	39M	20M	62M	81M	556M
Receivables	103M	91.3M	80.5M	85M	83M	82M	107M	113M	105M	129M
Inventory	222.3M	222.4M	211.8M	227M	217M	246M	325M	343M	295M	288M
Total current assets	877.1M	905.1M	785.1M	876M	887M	1.1B	1.3B	1.3B	1.2B	1.7B
Property, plant & equipment	-2.4B	-2.9B	-2.1B	-2.3B	-4B	-4B	-3.7B	-4B	-4.2B	-4.1B
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	13.4B	14.2B	15.4B	16.7B	17.7B	18.6B	20.2B	21.2B	22.7B	25B
Accounts payable	445.3M	477.3M	543.3M	422M	377M	436M	756M	611M	532M	498M
Short-term debt	248.7M	1.3B	697.7M	994M	397M	1.1B	1.1B	1.3B	1.7B	1.2B
Total current liabilities	1.2B	2.1B	1.6B	2.1B	1.3B	2.1B	2.4B	2.3B	2.7B	2.1B
Long-term debt	4.3B	4B	5.2B	5.5B	6.8B	6.7B	7.7B	8.2B	8.7B	11B
Total liabilities	9.3B	9.8B	10.6B	11.3B	11.8B	12.6B	13.9B	14.5B	15.7B	17.7B
Shareholders' equity	4.1B	4.4B	4.8B	5.4B	5.9B	6B	6.3B	6.8B	7B	7.3B
Total debt	4.6B	5.3B	5.9B	6.5B	7.2B	7.9B	8.7B	9.5B	10.4B	12.1B
Net debt	4.6B	5.3B	5.9B	6.5B	7.1B	7.8B	8.7B	9.4B	10.3B	11.6B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26
Cash & short-term investments	13M	206M	62M	32M	92M	827M	81M	25M	329M	753M	556M	115M
Receivables	428M	486M	113M	426M	409M	463M	105M	361M	518M	485M	129M	497M
Inventory	305M	327M	343M	320M	323M	320M	295M	265M	278M	281M	288M	274M
Total current assets	1.1B	1.4B	1.3B	1.1B	1.2B	2B	1.2B	969M	1.5B	1.8B	1.7B	1.2B
Property, plant & equipment	—	—	-4B	—	—	—	-4.2B	—	—	—	-4.1B	—
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	20.4B	20.9B	21.2B	21.2B	21.8B	22.8B	22.7B	22.9B	23.8B	24.6B	25B	24.8B
Accounts payable	585M	604M	611M	438M	581M	473M	532M	405M	497M	550M	498M	459M
Short-term debt	850M	910M	1.3B	1.1B	856M	1.4B	1.7B	2B	1.7B	1.3B	1.2B	833M
Total current liabilities	1.9B	1.9B	2.3B	2B	1.9B	2.3B	2.7B	2.9B	2.6B	2.2B	2.1B	1.8B
Long-term debt	8.2B	8.4B	8.2B	8.5B	8.9B	9.2B	8.7B	8.6B	9.6B	10.7B	11B	11B
Total liabilities	13.9B	14.2B	14.5B	14.4B	15B	15.9B	15.7B	15.8B	16.6B	17.3B	17.7B	17.4B
Shareholders' equity	6.5B	6.7B	6.8B	6.8B	6.8B	7B	7B	7.1B	7.1B	7.3B	7.3B	7.4B
Total debt	9B	9.3B	9.5B	9.7B	9.8B	10.7B	10.4B	10.6B	11.3B	11.9B	12.1B	11.8B
Net debt	9B	9.1B	9.4B	9.6B	9.7B	9.9B	10.3B	10.6B	11B	11.4B	11.6B	11.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	381.7M	467.5M	522M	567M	624M	674M	686M	703M	690M	810M
Depreciation & amortization	406.8M	461.8M	507M	567M	615M	657M	671M	676M	772M	846M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	-513.9M	-535.4M	-525M	-484M	-560M	-688M	-867M	-487M	-216M	-356M
Operating cash flow	317.7M	521.6M	528M	660M	501M	582M	486M	867M	1.2B	1.2B
Capital expenditure	0	0	—	—	—	—	—	—	-1.2B	—
Investing cash flow	-720.2M	-1B	-1.1B	-1.3B	-951M	-728M	-933M	-1.4B	-2.8B	-1.9B
Dividends paid	-266.5M	-288.3M	-312M	-337M	-377M	-403M	-428M	-456M	-492M	-521M
Share repurchases	—	—	—	0	0	-200M	0	0	—	—
Financing cash flow	329.3M	532.6M	531M	619M	488M	130M	431M	573M	398M	1.2B
Net change in cash	-73.2M	20.8M	-8M	-8M	38M	-16M	-16M	39M	-1.2B	475M
Free cash flow	392.8M	521.6M	528M	660M	501M	582M	486M	867M	1.2B	1.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26
Net income	160M	259M	121M	158M	87M	295M	150M	213M	174M	281M	142M	224M
Depreciation & amortization	167M	170M	173M	189M	187M	195M	201M	211M	209M	211M	215M	223M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-192M	-98M	-62M	-22M	-46M	-122M	-70M	-125M	-62M	-91M	-100M	-7M
Operating cash flow	123M	311M	231M	307M	195M	307M	254M	249M	243M	408M	269M	368M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	-219M	-470M	-449M	-353M	-180M	-407M	-607M	-404M	-490M	-461M	-541M	-393M
Dividends paid	-113M	-115M	-115M	-123M	-123M	-123M	-123M	-130M	-131M	-130M	-130M	-137M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-127M	354M	58M	18M	-29M	781M	-396M	99M	273M	755M	62M	-416M
Net change in cash	-223M	195M	-160M	-28M	-14M	681M	-749M	-56M	26M	702M	-210M	-441M
Free cash flow	123M	311M	245M	307M	255M	351M	254M	249M	243M	408M	269M	368M

Date	Ratio
May 20, 2016	2:1
Sep 26, 1988	2:1

Alliant Energy Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history