Alliant Energy Corporation (LNT) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2026, filed May 1, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LNT SEC filings page.
Alliant Energy Corporation (LNT) reported $4.4B in revenue over the twelve months to Mar 31, 2026, up 8.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Alliant’s earnings are steady, but expanding assets and debt show a capital-intensive business increasingly financed to fund investment.
Total assets rose from$18.6B in FY2021 to$25.0B in FY2025, indicating a materially larger infrastructure base. Over the same span, debt-to-equity increased from 1.1x to 1.5x, so growth was financed increasingly with debt rather than equity alone.
In FY2025, operating margin reached
Operating cash flow of
Financial Health Signals
Scored against utilities for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Alliant Energy Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Alliant Energy Corporation 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 79/100, reflecting efficient cost management and pricing power. This is up from 22.3% the prior year.
Alliant Energy Corporation's revenue grew 9.6% year-over-year to $4.4B, a solid pace of expansion. This earns a growth score of 46/100.
Alliant Energy Corporation has elevated debt relative to equity (D/E of 1.49), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 17/100, reflecting increased financial risk.
Alliant Energy Corporation's current ratio of 0.80 indicates adequate short-term liquidity, earning a score of 52/100. The company can meet its near-term obligations, though with limited headroom.
Not available for Alliant Energy Corporation, and counted as zero in the overall score.
Alliant Energy Corporation's ROE of 11.0% shows moderate profitability relative to equity, earning a score of 59/100. This is up from 9.8% the prior year.
Alliant Energy Corporation scores 1.11, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($17.1B) relative to total liabilities ($17.7B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Alliant Energy Corporation 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.
For every $1 of reported earnings, Alliant Energy Corporation 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.
Alliant Energy Corporation earns $2.00 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
Earnings & Revenue
Alliant Energy Corporation generated $1.2B in revenue in Q1 2026. This represents an increase of 5.0% from the same quarter a year earlier. Against the prior quarter it is up 11.4%.
Alliant Energy Corporation's EBITDA was $472.0M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 0.9% from the same quarter a year earlier. Against the prior quarter it is up 14.6%.
Alliant Energy Corporation reported $224.0M in net income in Q1 2026. This represents an increase of 5.2% from the same quarter a year earlier. Against the prior quarter it is up 57.7%.
Alliant Energy Corporation earned $0.87 per diluted share (EPS) in Q1 2026. This represents an increase of 4.8% from the same quarter a year earlier. Against the prior quarter it is up 58.2%.
Cash & Balance Sheet
Alliant Energy Corporation generated $26.0M in free cash flow in Q1 2026, representing cash available after capex. This represents an increase of 108.5% from the same quarter a year earlier.
Alliant Energy Corporation held $115.0M in cash against $11.0B in long-term debt as of Q1 2026.
Alliant Energy Corporation paid $0.54 per share in dividends in Q1 2026. This represents an increase of 5.4% from the same quarter a year earlier.
Margins & Returns
Alliant Energy Corporation's gross margin was 86.6% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.
Alliant Energy Corporation's operating margin was 21.0% in Q1 2026, reflecting core business profitability. This is down 1.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.6 percentage points.
Alliant Energy Corporation's net profit margin was 18.9% in Q1 2026, showing the share of revenue converted to profit. That is unchanged from the same quarter a year earlier. Against the prior quarter it is up 5.6 percentage points.
Alliant Energy Corporation's ROE was 3.0% in Q1 2026, measuring profit generated per dollar of shareholder equity. That is unchanged from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.
Capital Allocation
Alliant Energy Corporation invested $342.0M in capex in Q1 2026, funding long-term assets and infrastructure. This represents a decrease of 38.3% from the same quarter a year earlier.
Not reported for Q1 2026.
Not reported for Q1 2026.
LNT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B+5.0% | $1.1B+9.0% | $1.2B+11.9% | $961.0M+7.5% | $1.1B+9.4% | $975.0M+1.5% | $1.1B+0.4% | $894.0M-2.0% |
| Cost of Revenue | $159.0M+0.6% | $150.0M+0.7% | $166.0M+0.6% | $151.0M+2.7% | $158.0M+3.9% | $149.0M+2.8% | $165.0M+7.1% | $147.0M+6.5% |
| Gross Profit | $1.0B+5.7% | $913.0M+10.5% | $1.0B+14.0% | $810.0M+8.4% | $970.0M+10.4% | $826.0M+1.2% | $916.0M-0.8% | $747.0M-3.5% |
| Operating Income | $249.0M-3.1% | $196.0M-11.3% | $349.0M+11.5% | $223.0M+71.5% | $257.0M+15.8% | $221.0M+21.4% | $313.0M-2.8% | $130.0M-40.1% |
| EBITDA | $472.0M+0.9% | $412.0M-2.1% | $560.0M+10.2% | $431.0M+35.5% | $468.0M+13.9% | $421.0M+18.6% | $508.0M+3.3% | $318.0M-17.2% |
| Interest Expense | $142.0M+19.3% | $141.0M+17.5% | $128.0M+12.3% | $124.0M+14.8% | $119.0M+11.2% | $120.0M+14.3% | $114.0M+15.2% | $108.0M+12.5% |
| Income Tax | -$61.0M-29.8% | -$41.0M-355.6% | -$18.0M+71.0% | -$43.0M-30.3% | -$47.0M-370.0% | -$9.0M-1000.0% | -$62.0M-1340.0% | -$33.0M |
| Net Income | $224.0M+5.2% | $142.0M-5.3% | $281.0M-4.7% | $174.0M+100.0% | $213.0M+34.8% | $150.0M+24.0% | $295.0M+13.9% | $87.0M-45.6% |
| EPS (Basic) | $0.87+4.8% | $0.55-5.2% | $1.09-5.2% | $0.68+100.0% | $0.83+33.9% | $0.58+23.4% | $1.15+12.7% | $0.34-46.9% |
| EPS (Diluted) | $0.87+4.8% | $0.55-6.8% | $1.09-5.2% | $0.68+100.0% | $0.83+33.9% | $0.59+25.5% | $1.15+12.7% | $0.34-46.9% |
| Diluted Shares (Avg) | 259M+0.6% | N/A | 258M+0.4% | 257M+0.2% | 257M+0.3% | N/A | 257M+1.2% | 257M+1.9% |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.
LNT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $24.8B+8.6% | $25.0B+10.0% | $24.6B+7.9% | $23.8B+8.8% | $22.9B+7.5% | $22.7B+7.0% | $22.8B+9.2% | $21.8B+7.1% |
| Current Assets | $1.2B+26.3% | $1.7B+43.3% | $1.8B-6.3% | $1.5B+21.4% | $969.0M-12.5% | $1.2B-6.9% | $2.0B+43.4% | $1.2B+6.7% |
| Cash & Equivalents | $115.0M+360.0% | $556.0M+586.4% | $503.0M-39.2% | $329.0M+257.6% | $25.0M-21.9% | $81.0M+30.6% | $827.0M+301.5% | $92.0M+607.7% |
| Short-Term Investments | $0 | $0 | $250.0M | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $497.0M+37.7% | $476.0M+11.5% | $485.0M+4.8% | $518.0M+26.7% | $361.0M-15.3% | $427.0M-10.1% | $463.0M-4.7% | $409.0M-4.4% |
| Long-Term Investments | $237.0M+5.8% | $231.0M+3.1% | $230.0M+1.8% | $226.0M+1.3% | $224.0M+2.3% | $224.0M+3.7% | $226.0M+5.6% | $223.0M+5.2% |
| Total Liabilities | $17.4B+10.4% | $17.7B+12.4% | $17.3B+9.2% | $16.6B+10.4% | $15.8B+9.2% | $15.7B+8.6% | $15.9B+11.9% | $15.0B+8.0% |
| Current Liabilities | $1.8B-38.4% | $2.1B-21.8% | $2.2B-2.4% | $2.6B+39.1% | $2.9B+45.6% | $2.7B+17.8% | $2.3B+18.2% | $1.9B-2.1% |
| Non-Current Liabilities | $15.6B+21.3% | $15.5B+19.5% | $15.1B+11.1% | $14.0B+6.3% | $12.9B+3.4% | $13.0B+6.9% | $13.6B+10.9% | $13.2B+9.6% |
| Long-Term Debt | $11.0B+28.3% | $11.0B+26.2% | $10.7B+15.3% | $9.6B+8.3% | $8.6B+0.7% | $8.7B+5.5% | $9.2B+9.7% | $8.9B+8.7% |
| Total Equity | $7.4B+4.6% | $7.3B+4.7% | $7.3B+4.9% | $7.1B+5.2% | $7.1B+4.0% | $7.0B+3.3% | $7.0B+3.6% | $6.8B+5.3% |
| Retained Earnings | $4.3B+7.3% | $4.2B+7.3% | $4.2B+7.7% | $4.1B+8.7% | $4.0B+6.5% | $4.0B+5.3% | $3.9B+4.7% | $3.8B+4.1% |
Not reported in any period shown, so not listed: Inventory, Goodwill.
LNT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $368.0M+47.8% | $269.0M+5.9% | $408.0M+16.2% | $243.0M-4.7% | $249.0M-18.9% | $254.0M+3.7% | $351.0M+12.9% | $255.0M+107.3% |
| Depreciation & Amortization | $223.0M+5.7% | $215.0M+7.0% | $211.0M+8.2% | $208.0M+10.6% | $211.0M+11.6% | $201.0M+16.2% | $195.0M+14.7% | $188.0M+12.6% |
| Stock-Based Compensation | $6.0M+50.0% | N/A | $6.0M+100.0% | $3.0M0.0% | $4.0M0.0% | N/A | $3.0M-25.0% | $3.0M0.0% |
| Capital Expenditures | $342.0M-38.3% | N/A | $511.0M+24.6% | $422.0M+7.7% | $554.0M+15.9% | N/A | $410.0M-7.4% | $392.0M+15.0% |
| Free Cash Flow | $26.0M+108.5% | N/A | -$103.0M-74.6% | -$179.0M-30.7% | -$305.0M-78.4% | N/A | -$59.0M+55.3% | -$137.0M+37.2% |
| Investing Cash Flow | -$393.0M+2.7% | -$291.0M+52.1% | -$711.0M-74.7% | -$490.0M-172.2% | -$404.0M-14.4% | -$607.0M-35.2% | -$407.0M+13.4% | -$180.0M+17.8% |
| Financing Cash Flow | -$416.0M-520.2% | $75.0M+118.9% | $477.0M-39.8% | $551.0M+3341.2% | $99.0M+450.0% | -$396.0M-782.8% | $793.0M+124.0% | -$17.0M+66.7% |
| Dividends Paid | $137.0M+5.4% | $130.0M+5.7% | $130.0M+5.7% | $131.0M+6.5% | $130.0M+5.7% | $123.0M+7.0% | $123.0M+7.0% | $123.0M+8.8% |
Not reported in any period shown, so not listed: Share Buybacks.
LNT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 86.6%+0.6pp | 85.9%+1.2pp | 86.3%+1.5pp | 84.3%+0.7pp | 86.0%+0.7pp | 84.7%-0.2pp | 84.7%-1.0pp | 83.6%-1.3pp |
| Operating Margin | 21.0%-1.8pp | 18.4%-4.2pp | 28.8%-0.1pp | 23.2%+8.7pp | 22.8%+1.3pp | 22.7%+3.7pp | 28.9%-1.0pp | 14.5%-9.3pp |
| Net Margin | 18.9%0.0pp | 13.4%-2.0pp | 23.2%-4.1pp | 18.1%+8.4pp | 18.9%+3.6pp | 15.4%+2.8pp | 27.3%+3.2pp | 9.7%-7.8pp |
| Return on Equity | 3.0%0.0pp | 1.9%-0.2pp | 3.9%-0.4pp | 2.4%+1.2pp | 3.0%+0.7pp | 2.1%+0.3pp | 4.2%+0.4pp | 1.3%-1.2pp |
| Return on Assets | 0.9%0.0pp | 0.6%-0.1pp | 1.1%-0.1pp | 0.7%+0.3pp | 0.9%+0.2pp | 0.7%+0.1pp | 1.3%+0.1pp | 0.4%-0.4pp |
| Current Ratio | 0.69+0.4x | 0.80+0.4x | 0.830.0x | 0.57-0.1x | 0.34-0.2x | 0.44-0.1x | 0.86+0.2x | 0.65+0.1x |
| Debt-to-Equity | 1.48+0.3x | 1.49+0.3x | 1.46+0.1x | 1.350.0x | 1.210.0x | 1.240.0x | 1.33+0.1x | 1.310.0x |
| Asset Turnover | 0.050.0x | 0.040.0x | 0.050.0x | 0.040.0x | 0.050.0x | 0.040.0x | 0.050.0x | 0.040.0x |
| FCF Margin | 2.2%+29.2pp | N/A | -8.5%-3.0pp | -18.6%-3.3pp | -27.0%-10.4pp | N/A | -5.5%+6.8pp | -15.3%+8.6pp |
Note: The current ratio is below 1.0 (0.80), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Alliant Energy Corporation LNT | FY2025 | $4.4B | $810.0M | 18.6% | $17.1B | 42/100 |
| Evergy, Inc. EVRG | FY2025 | $6.0B | $855.6M | 14.3% | $18.7B | 50/100 |
| Edison International EIX | FY2025 | $19.3B | $4.5B | 23.1% | $21.3B | 63/100 |
| Ameren Corporation AEE | FY2025 | $8.8B | $1.5B | 16.6% | $28.3B | 48/100 |
Where Alliant Energy Corporation Ranks
Frequently Asked Questions
What is Alliant Energy Corporation's annual revenue?
Alliant Energy Corporation (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.
How fast is Alliant Energy Corporation's revenue growing?
Alliant Energy Corporation (LNT) revenue grew by 9.6% year-over-year, from $4.0B to $4.4B in fiscal year 2025.
Is Alliant Energy Corporation profitable?
Yes, Alliant Energy Corporation (LNT) reported a net income of $810.0M in fiscal year 2025, with a net profit margin of 18.6%.
What is Alliant Energy Corporation's EBITDA?
Alliant Energy Corporation (LNT) had EBITDA of $1.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Alliant Energy Corporation have?
As of fiscal year 2025, Alliant Energy Corporation (LNT) had $556.0M in cash and equivalents against $11.0B in long-term debt.
What is Alliant Energy Corporation's gross margin?
Alliant Energy Corporation (LNT) had a gross margin of 85.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Alliant Energy Corporation's operating margin?
Alliant Energy Corporation (LNT) had an operating margin of 23.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Alliant Energy Corporation's net profit margin?
Alliant Energy Corporation (LNT) had a net profit margin of 18.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Alliant Energy Corporation pay dividends?
Yes, Alliant Energy Corporation (LNT) paid $2.03 per share in dividends during fiscal year 2025.
What is Alliant Energy Corporation's return on equity (ROE)?
Alliant Energy Corporation (LNT) has a return on equity of 11.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Alliant Energy Corporation's operating cash flow?
Alliant Energy Corporation (LNT) generated $1.2B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Alliant Energy Corporation's total assets?
Alliant Energy Corporation (LNT) had $25.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Alliant Energy Corporation's current ratio?
Alliant Energy Corporation (LNT) had a current ratio of 0.80 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Alliant Energy Corporation's debt-to-equity ratio?
Alliant Energy Corporation (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.
What is Alliant Energy Corporation's return on assets (ROA)?
Alliant Energy Corporation (LNT) had a return on assets of 3.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Alliant Energy Corporation's P/E ratio?
Alliant Energy Corporation (LNT) trades at 20.8x earnings, its market capitalization divided by net income of $821.0M net income, trailing 12 months to March 31, 2026. The market capitalization is $17.1B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Alliant Energy Corporation's price-to-sales ratio?
Alliant Energy Corporation (LNT) trades at 3.9x sales, its market capitalization divided by revenue of $4.4B revenue, trailing 12 months to March 31, 2026. The market capitalization is $17.1B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Alliant Energy Corporation's Altman Z-Score?
Alliant Energy Corporation (LNT) has an Altman Z-Score of 1.11, 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.
What is Alliant Energy Corporation's Piotroski F-Score?
Alliant Energy Corporation (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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Alliant Energy Corporation's earnings high quality?
Alliant Energy Corporation (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.
Can Alliant Energy Corporation cover its interest payments?
Alliant Energy Corporation (LNT) has an interest coverage ratio of 2.00x, 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.
How financially healthy is Alliant Energy Corporation?
Alliant Energy Corporation (LNT) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its utilities peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.