YouTube · Q2 2026 · 2026-08-09
LNT · NasdaqGS
Alliant Energy
Utilities - Regulated Electric · United States
USD 64.650.6% daily changeQuote 2026-10-06 · USD
- Market cap (USD)
- US$16.76B
- Trailing P/E
- 20.27x
- Forward P/E
- 17.53x
- Quarterly revenue growth
- 1.0%
- Trailing net margin
- 18.4%
- Indicated dividend yield
- 3.3%
Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-11-05 (provider estimate, not issuer-confirmed).
Company background
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.
Company websiteQ1 2026
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Comparable businesses
LNT peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | LNTAlliant Energy CorporationSnapshot 2026-10-06Financial period: 2026-06-30 | EVRGEvergy, Inc.Snapshot 2026-10-06Financial period: 2026-06-30 | EMAEmera IncorporatedSnapshot 2026-10-06Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$16.76B | US$18.28B | US$14.43B | US$16.35Bn=2 |
| Forward P/EProvider forward earnings estimate | 17.53x | 17.36x | 17.98x | 17.67xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | 15.73x | 12.24x | — | — |
| Revenue growthLatest quarter vs prior-year quarter | 1.0% | 4.4% | 1.2% | 2.8%n=2 |
| Operating marginLatest reported quarter | 19.1% | 25.2% | 17.9% | 21.5%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | -6.8% | -7.9% | — | — |
| Net debt / EBITDANet debt / trailing EBITDA | 6.61x | 5.80x | 6.38x | 6.09xn=2 |
| Debt / equityTotal debt / positive book equity | 1.61x | 1.61x | 1.54x | 1.57xn=2 |
| Trailing P/ETrailing twelve-month earnings | 20.27x | 20.17x | 20.51x | 20.34xn=2 |
| Price / bookPrice / positive book equity per share | 2.23x | 1.79x | 1.59x | 1.69xn=2 |
| EV / salesEnterprise value / trailing revenue | 6.49x | 5.71x | — | — |
| Earnings growthLatest quarter vs prior-year quarter | -4.0% | 23.0% | -24.4% | -0.7%n=2 |
| Gross marginTrailing twelve months | 44.5% | 52.7% | 43.8% | 48.2%n=2 |
| Net marginTrailing twelve months | 18.4% | 15.2% | 11.6% | 13.4%n=2 |
| Return on equityProvider trailing return; positive equity only | 11.1% | 9.3% | 7.6% | 8.4%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | -25.7% | -23.7% | -16.1% | -19.9%n=2 |
| Dividend yieldIndicated annual dividend / price | 3.3% | 3.5% | 4.5% | 4.0%n=2 |
| Earnings payoutProvider trailing dividend payout | 66.0% | 70.0% | 92.5% | 81.3%n=2 |
| Current ratioCurrent assets / current liabilities | 0.47x | 0.36x | 0.73x | 0.54xn=2 |
| BetaProvider historical market sensitivity | 0.52 | 0.48 | 0.42 | 0.45n=2 |
YouTube · Q2 2026 · 2026-08-09
YouTube · Q1 2026 · 2026-05-11
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
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Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
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Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for LNT
Q1 20262026-05-04
LNT Stock: Revenue Beats, EPS Misses — Q1 2026
Presentation · 2026-05-04 · YouTube