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Alliant Energy Corp Financials

LNT
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Alliant Energy Corp (LNT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 48 / 100
Financial Profile 48/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
74

Alliant Energy Corp has an operating margin of 23.5%, meaning the company retains $24 of operating profit per $100 of revenue. This strong profitability earns a score of 74/100, reflecting efficient cost management and pricing power. This is up from 22.3% the prior year.

Growth
49

Alliant Energy Corp's revenue grew 9.6% year-over-year to $4.4B, a solid pace of expansion. This earns a growth score of 49/100.

Leverage
72

Alliant Energy Corp carries a low D/E ratio of 1.49, meaning only $1.49 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 72/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
11

Alliant Energy Corp's current ratio of 0.80 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 11/100, which could limit financial flexibility.

Returns
36

Alliant Energy Corp's ROE of 11.0% shows moderate profitability relative to equity, earning a score of 36/100. This is up from 9.8% the prior year.

Altman Z-Score Distress
1.16

Alliant Energy Corp scores 1.16, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($18.5B) relative to total liabilities ($17.7B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral
6/9

Alliant Energy Corp passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
1.44x

For every $1 of reported earnings, Alliant Energy Corp generates $1.44 in operating cash flow ($1.2B OCF vs $810.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate
2.0x

Alliant Energy Corp earns $2.0 in operating income for every $1 of interest expense ($1.0B vs $512.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue
$4.4B
YoY+9.6%
5Y CAGR+5.0%
10Y CAGR+3.0%

Alliant Energy Corp generated $4.4B in revenue in fiscal year 2025. This represents an increase of 9.6% from the prior year.

EBITDA
$1.9B
YoY+12.8%
5Y CAGR+6.7%
10Y CAGR+6.7%

Alliant Energy Corp's EBITDA was $1.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 12.8% from the prior year.

Net Income
$810.0M
YoY+17.4%
5Y CAGR+5.4%
10Y CAGR+7.6%

Alliant Energy Corp reported $810.0M in net income in fiscal year 2025. This represents an increase of 17.4% from the prior year.

EPS (Diluted)
$3.14
YoY+16.7%
5Y CAGR+4.9%

Alliant Energy Corp earned $3.14 per diluted share (EPS) in fiscal year 2025. This represents an increase of 16.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$556.0M
YoY+586.4%
5Y CAGR+59.4%
10Y CAGR+57.8%

Alliant Energy Corp held $556.0M in cash against $11.0B in long-term debt as of fiscal year 2025.

Dividends Per Share
$2.03
YoY+5.7%
5Y CAGR+6.0%
10Y CAGR+6.3%

Alliant Energy Corp paid $2.03 per share in dividends in fiscal year 2025. This represents an increase of 5.7% from the prior year.

Shares Outstanding
257M
YoY+0.2%
5Y CAGR+0.6%
10Y CAGR+8.5%

Alliant Energy Corp had 257M shares outstanding in fiscal year 2025. This represents an increase of 0.2% from the prior year.

Margins & Returns

Gross Margin
85.7%
YoY+1.1pp
5Y CAGR-1.2pp

Alliant Energy Corp's gross margin was 85.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.1 percentage points from the prior year.

Operating Margin
23.5%
YoY+1.2pp
5Y CAGR+1.8pp
10Y CAGR+5.8pp

Alliant Energy Corp's operating margin was 23.5% in fiscal year 2025, reflecting core business profitability. This is up 1.2 percentage points from the prior year.

Net Margin
18.6%
YoY+1.2pp
5Y CAGR+0.3pp
10Y CAGR+6.6pp

Alliant Energy Corp's net profit margin was 18.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.2 percentage points from the prior year.

Return on Equity
11.0%
YoY+1.2pp
5Y CAGR+0.1pp
10Y CAGR+0.6pp

Alliant Energy Corp's ROE was 11.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.2 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

LNT Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $1.1B-12.1% $1.2B+25.9% $961.0M-14.8% $1.1B+15.7% $975.0M-9.8% $1.1B+20.9% $894.0M-13.3% $1.0B
Cost of Revenue $150.0M-9.6% $166.0M+9.9% $151.0M-4.4% $158.0M+6.0% $149.0M-9.7% $165.0M+12.2% $147.0M-3.3% $152.0M
Gross Profit $913.0M-12.5% $1.0B+28.9% $810.0M-16.5% $970.0M+17.4% $826.0M-9.8% $916.0M+22.6% $747.0M-15.0% $879.0M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A N/A N/A N/A
Operating Income $196.0M-43.8% $349.0M+56.5% $223.0M-13.2% $257.0M+16.3% $221.0M-29.4% $313.0M+140.8% $130.0M-41.4% $222.0M
Interest Expense $141.0M+10.2% $128.0M+3.2% $124.0M+4.2% $119.0M-0.8% $120.0M+5.3% $114.0M+5.6% $108.0M+0.9% $107.0M
Income Tax -$41.0M-127.8% -$18.0M+58.1% -$43.0M+8.5% -$47.0M-422.2% -$9.0M+85.5% -$62.0M-87.9% -$33.0M-230.0% -$10.0M
Net Income $142.0M-49.5% $281.0M+61.5% $174.0M-18.3% $213.0M+42.0% $150.0M-49.2% $295.0M+239.1% $87.0M-44.9% $158.0M
EPS (Diluted) N/A $1.09+60.3% $0.68-18.1% $0.83 N/A $1.15+238.2% $0.34-45.2% $0.62

LNT Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $25.0B+1.5% $24.6B+3.7% $23.8B+3.9% $22.9B+0.6% $22.7B-0.5% $22.8B+4.5% $21.8B+2.8% $21.2B
Current Assets $1.7B-8.0% $1.8B+25.1% $1.5B+52.1% $969.0M-18.2% $1.2B-39.8% $2.0B+62.1% $1.2B+9.6% $1.1B
Cash & Equivalents $556.0M+10.5% $503.0M+52.9% $329.0M+1216.0% $25.0M-69.1% $81.0M-90.2% $827.0M+798.9% $92.0M+187.5% $32.0M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $476.0M-1.9% $485.0M-6.4% $518.0M+43.5% $361.0M-15.5% $427.0M-7.8% $463.0M+13.2% $409.0M-4.0% $426.0M
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $17.7B+1.9% $17.3B+4.3% $16.6B+5.4% $15.8B+0.3% $15.7B-1.0% $15.9B+5.4% $15.0B+4.3% $14.4B
Current Liabilities $2.1B-5.0% $2.2B-13.4% $2.6B-10.7% $2.9B+6.4% $2.7B+18.7% $2.3B+23.4% $1.9B-6.6% $2.0B
Long-Term Debt $11.0B+2.8% $10.7B+10.5% $9.6B+12.4% $8.6B-1.1% $8.7B-6.1% $9.2B+3.9% $8.9B+4.4% $8.5B
Total Equity $7.3B+0.4% $7.3B+2.3% $7.1B+0.7% $7.1B+1.3% $7.0B+0.5% $7.0B+2.6% $6.8B-0.4% $6.8B
Retained Earnings $4.2B+0.3% $4.2B+3.7% $4.1B+1.1% $4.0B+2.1% $4.0B+0.7% $3.9B+4.6% $3.8B-0.9% $3.8B

LNT Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $269.0M-34.1% $408.0M+67.9% $243.0M-2.4% $249.0M-2.0% $254.0M-27.6% $351.0M+37.6% $255.0M-16.9% $307.0M
Capital Expenditures N/A $511.0M+21.1% $422.0M-23.8% $554.0M N/A $410.0M+4.6% $392.0M-18.0% $478.0M
Free Cash Flow N/A -$103.0M+42.5% -$179.0M+41.3% -$305.0M N/A -$59.0M+56.9% -$137.0M+19.9% -$171.0M
Investing Cash Flow -$291.0M+59.1% -$711.0M-45.1% -$490.0M-21.3% -$404.0M+33.4% -$607.0M-49.1% -$407.0M-126.1% -$180.0M+49.0% -$353.0M
Financing Cash Flow $75.0M-84.3% $477.0M-13.4% $551.0M+456.6% $99.0M+125.0% -$396.0M-149.9% $793.0M+4764.7% -$17.0M-194.4% $18.0M
Dividends Paid $130.0M0.0% $130.0M-0.8% $131.0M+0.8% $130.0M+5.7% $123.0M0.0% $123.0M0.0% $123.0M0.0% $123.0M
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

LNT Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 85.9%-0.4pp 86.3%+2.0pp 84.3%-1.7pp 86.0%+1.3pp 84.7%-0.0pp 84.7%+1.2pp 83.6%-1.7pp 85.3%
Operating Margin 18.4%-10.4pp 28.8%+5.6pp 23.2%+0.4pp 22.8%+0.1pp 22.7%-6.3pp 28.9%+14.4pp 14.5%-7.0pp 21.5%
Net Margin 13.4%-9.9pp 23.2%+5.1pp 18.1%-0.8pp 18.9%+3.5pp 15.4%-11.9pp 27.3%+17.6pp 9.7%-5.6pp 15.3%
Return on Equity 1.9%-1.9pp 3.9%+1.4pp 2.4%-0.6pp 3.0%+0.9pp 2.1%-2.1pp 4.2%+2.9pp 1.3%-1.0pp 2.3%
Return on Assets 0.6%-0.6pp 1.1%+0.4pp 0.7%-0.2pp 0.9%+0.3pp 0.7%-0.6pp 1.3%+0.9pp 0.4%-0.3pp 0.7%
Current Ratio 0.80-0.0 0.83+0.3 0.57+0.2 0.34-0.1 0.44-0.4 0.86+0.2 0.65+0.1 0.56
Debt-to-Equity 1.49+0.0 1.46+0.1 1.35+0.1 1.21-0.0 1.24-0.1 1.33+0.0 1.31+0.1 1.25
FCF Margin N/A -8.5%+10.1pp -18.6%+8.4pp -27.0% N/A -5.5%+9.9pp -15.3%+1.3pp -16.6%

Note: The current ratio is below 1.0 (0.80), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Alliant Energy Corp (LNT) reported $4.4B in total revenue for fiscal year 2025. This represents a 9.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Alliant Energy Corp (LNT) revenue grew by 9.6% year-over-year, from $4.0B to $4.4B in fiscal year 2025.

Yes, Alliant Energy Corp (LNT) reported a net income of $810.0M in fiscal year 2025, with a net profit margin of 18.6%.

Alliant Energy Corp (LNT) reported diluted earnings per share of $3.14 for fiscal year 2025. This represents a 16.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Alliant Energy Corp (LNT) had EBITDA of $1.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Alliant Energy Corp (LNT) had $556.0M in cash and equivalents against $11.0B in long-term debt.

Alliant Energy Corp (LNT) had a gross margin of 85.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Alliant Energy Corp (LNT) had an operating margin of 23.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Alliant Energy Corp (LNT) had a net profit margin of 18.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Alliant Energy Corp (LNT) paid $2.03 per share in dividends during fiscal year 2025.

Alliant Energy Corp (LNT) has a return on equity of 11.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Alliant Energy Corp (LNT) generated $1.2B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Alliant Energy Corp (LNT) had $25.0B in total assets as of fiscal year 2025, including both current and long-term assets.

Alliant Energy Corp (LNT) had 257M shares outstanding as of fiscal year 2025.

Alliant Energy Corp (LNT) had a current ratio of 0.80 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Alliant Energy Corp (LNT) had a debt-to-equity ratio of 1.49 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Alliant Energy Corp (LNT) had a return on assets of 3.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Alliant Energy Corp (LNT) has an Altman Z-Score of 1.16, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Alliant Energy Corp (LNT) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Alliant Energy Corp (LNT) has an earnings quality ratio of 1.44x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Alliant Energy Corp (LNT) has an interest coverage ratio of 2.0x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Alliant Energy Corp (LNT) scores 48 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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