Alliant Energy (LNT) AI Stock Analysis

• Market Cap: $16.61B
• Dividend Yield: 3.1%
• Average Volume (3M): 1.92M
• Price to Earnings (P/E): 20.0
• Beta (1Y): 0.18
• Revenue Growth: 4.62%
• EPS Growth: 32.23%
• Country: US
• Employees: 2,998
• Sector: Utilities
• Sector Strength: 60
• Industry: Regulated Electric
• EPS (TTM): 0.68
• Shares Outstanding: 256,969,240
• 10 Day Avg. Volume: 1,749,994
• 30 Day Avg. Volume: 1,919,867
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.60
• Enterprise Value/Revenue: 6.40
• Enterprise Value/Gross Profit: 15.22
• Enterprise Value/Ebitda: 13.53
• 1Y Price Target: $68.71
• Price Target Upside: 6.33% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 71 Outperform
• Price Target: $71.00 ▲(9.87% Upside)

Alliant Energy's overall stock score is driven by strong earnings growth and strategic investments highlighted in the earnings call, alongside solid technical indicators. Financial performance is stable but requires attention to leverage and cash flow management. The valuation is reasonable, with a supportive dividend yield.

Positive Factors

Earnings

LNT reported Q2 adjusted operating EPS of $0.68 versus $0.54 per share in the prior year period, beating Consensus/BofA estimates of $0.64 per share.

Growth Strategy

LNT has a sector-leading 10% sales CAGR over 2025-30, indicating strong growth potential.

Regulatory Environment

Constructive regulatory environments in IA/WI provide a positive rate structure, optimism on the upcoming rate case, and support for large load growth, which benefits the company.

Negative Factors

Expenses

Earnings improvements are partially offset by higher D&A, O&M, and financing expense, along with some loss from the timing of income tax expense.

Regulatory Risk

There is risk to future projects due to the Inflation Reduction Act, but LNT is confident in its ability to pivot if needed.

Alliant Energy Business Overview & Revenue Model

Company Description

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. As of December 31, 2021, IPL supplied electric and natural gas service to approximately 500,000 and 225,000 retail customers respectively; and WPL supplied electric and natural gas service to approximately 485,000 and 200,000 retail customers, respectively. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, and packaging and food industries. In addition, the company owns and operates a short-line rail freight service in Iowa; a barge, rail, and truck freight terminal on the Mississippi River; and a rail-served warehouse in Iowa, as well as offers freight brokerage services. Further, it holds interests in a 347 megawatt (MW) natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a 225 MW wind farm located in Oklahoma. The company was incorporated in 1981 and is headquartered in Madison, Wisconsin.

How the Company Makes Money

Alliant Energy generates revenue primarily through the sale of electricity and natural gas to residential, commercial, and industrial customers. The company's revenue model is based on regulated utility operations, which means it earns returns on its investments in infrastructure and energy generation facilities as approved by regulatory bodies. Key revenue streams include customer billing for electricity and gas usage, as well as charges for energy efficiency programs. Additionally, Alliant Energy has made significant investments in renewable energy projects, such as wind and solar, which not only diversify its energy portfolio but also help it respond to regulatory incentives and customer demand for cleaner energy. The company may also benefit financially from partnerships with other energy suppliers and technology providers to enhance its service offerings and operational efficiency.

Alliant Energy Financial Statement Overview

Summary

Alliant Energy maintains a strong financial position with consistent revenue and profit growth, robust profit margins, and effective cash flow management. However, moderate leverage remains a potential risk area.

Income Statement

Alliant Energy demonstrates solid revenue growth with a TTM (Trailing-Twelve-Months) increase to $4.079 billion from $3.981 billion in 2024, reflecting a stable growth trend. The gross profit margin is robust at 45.0%, and the net profit margin stands at 18.3%, indicating effective cost management and profitability. However, EBIT and EBITDA margins have slightly decreased, suggesting potential operational cost pressures.

Balance Sheet

The company's debt-to-equity ratio is 1.50, which indicates moderate leverage compared to industry norms. The return on equity is healthy at 10.5%, showcasing effective utilization of shareholders' funds. However, the equity ratio is lower at 31.0%, suggesting a high reliance on debt financing. The balance sheet remains stable but could benefit from reduced leverage.

Cash Flow

Alliant Energy shows strong operating cash flow coverage with a ratio of 1.49 against net income, indicating solid cash generation from operations. Free cash flow growth is negative, reflecting high capital expenditures, but the free cash flow to net income ratio is positive at 1.49, highlighting sufficient cash available to support dividend payments and debt servicing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.15B	3.98B	4.03B	4.21B	3.67B	3.42B
Gross Profit	1.74B	1.78B	1.73B	1.71B	1.56B	1.46B
EBITDA	1.96B	1.80B	1.78B	1.69B	1.53B	1.44B
Net Income	832.00M	690.00M	703.00M	686.00M	674.00M	624.00M
Balance Sheet
Total Assets	23.75B	22.71B	21.24B	20.16B	18.55B	17.71B
Cash, Cash Equivalents and Short-Term Investments	329.00M	81.00M	62.00M	20.00M	39.00M	54.00M
Total Debt	11.31B	10.41B	9.51B	8.72B	7.88B	7.17B
Total Liabilities	16.61B	15.71B	14.46B	13.89B	12.56B	11.82B
Stockholders Equity	7.14B	7.00B	6.78B	6.28B	5.99B	5.69B
Cash Flow
Free Cash Flow	515.00M	-1.08B	-987.00M	-998.00M	-587.00M	-865.00M
Operating Cash Flow	1.10B	1.17B	867.00M	486.00M	582.00M	501.00M
Investing Cash Flow	-1.91B	-1.55B	-1.40B	-933.00M	-728.00M	-951.00M
Financing Cash Flow	1.05B	398.00M	573.00M	431.00M	130.00M	488.00M

Alliant Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 64.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LNT, the sentiment is Positive. The current price of 64.62 is below the 20-day moving average (MA) of 65.33, above the 50-day MA of 63.95, and above the 200-day MA of 61.09, indicating a neutral trend. The MACD of 0.15 indicates Positive momentum. The RSI at 47.33 is Neutral, neither overbought nor oversold. The STOCH value of 15.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LNT.

Alliant Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EVRG	72 Outperform	$16.48B	19.70	8.55%	3.73%	3.28%	13.56%
EIX	72 Outperform	$21.04B	8.03	17.37%	5.99%	4.26%	173.18%
LNT	71 Outperform	$16.61B	19.97	11.94%	3.10%	4.62%	32.23%
Sector *	66 Neutral	$17.24B	18.03	5.54%	3.64%	6.63%	11.55%
CMS	66 Neutral	$21.42B	21.11	12.48%	2.99%	8.25%	4.37%
OGE	66 Neutral	$8.89B	18.13	10.76%	3.82%	16.01%	19.05%
PNW	65 Neutral	$10.63B	18.34	8.90%	4.02%	7.47%	-8.53%

Alliant Energy Corporate Events

Alliant Energy Shareholders Approve Key Proposals at Meeting

During the annual meeting on May 16, 2025, Alliant Energy Corporation’s shareowners voted on several key matters. All nominees for director were elected for terms ending in 2028, and the compensation of named executive officers was approved. Additionally, the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2025 was ratified. However, a shareowner proposal requesting a third-party evaluation of greenhouse gas emissions reduction targets was rejected.

Alliant Energy’s IPL Prices $600M Debenture Offering

On May 13, 2025, Interstate Power and Light Company (IPL), a subsidiary of Alliant Energy, announced the pricing of its $600 million public offering of 5.600% senior debentures due in 2035. The proceeds from this offering are intended to retire existing debt, reduce outstanding capital, and support general corporate purposes, with the closing expected on May 19, 2025.