Is Alliant Energy (LNT) overvalued or fairly valued?

MarketChacha shows Alliant Energy's valuation in context — a trailing P/E of about 19.7, a forward P/E of about 18.5, a price-to-book of about 2.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Alliant Energy's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.45×) from reported figures — education, not a rating.

What is Alliant Energy's revenue?

Alliant Energy reported revenue of $4.4B for FY2025, with net profit of $810.0M, per official filings.

What is the share price of Alliant Energy (LNT)?

Alliant Energy last traded at $68.27 (+2.1% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Alliant Energy

LNT · NYSE · Utilities · United States

Snapshot

TickerLNT

ExchangeNYSE

SectorUtilities

IndustryUtilities - Regulated Electric

CountryUnited States

Employees2,948

HeadquartersMadison, United States

Websitewww.alliantenergy.com

Filings tracked19

About Alliant Energy

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.

Who owns it

Insiders0.2%
Institutions99.1%
Public & other0.8%

1,164 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.10.58%
State Street Corporation7.44%
Vanguard Capital Management LLC7.14%
Vanguard Portfolio Management LLC6.09%
Price (T.Rowe) Associates Inc4.88%
Jupiter Topco LLC4.65%
Nuveen, LLC3.34%
Geode Capital Management, LLC3.14%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.45×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend17.5% → 18.6%

Margin has expanded by about 1.1 points — the business is getting more profitable.

Growth qualityrev 4% · PAT 7%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.1B · EPS 0.74

Est. earnings growth +12.0%

Next fiscal year

Rev $4.8B · EPS 3.68

Est. earnings growth +7.3%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$4.4B

Net margin

18.6%

ROE

11.0%

Revenue CAGR (2y)

+4.1%

Profit CAGR (2y)

+7.3%

EPS (FY2025)

3.14

Net profit (FY2025)

$810.0M

Ask MarketChacha about LNT

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$4.4B	$810.0M	3.14	18.6%	11.0%
FY2024	$4.0B	$690.0M	2.69	17.3%	9.9%
FY2023	$4.0B	$703.0M	2.78	17.5%	10.4%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$1.2B	$224.0M	0.87	18.9%
2025Q3	$1.2B	$281.0M	1.09	23.2%
2025Q2	$961.0M	$174.0M	0.68	18.1%
2025Q1	$1.1B	$213.0M	0.83	18.9%
2024Q3	$1.1B	$295.0M	1.15	27.3%
2024Q2	$894.0M	$87.0M	0.34	9.7%
2024Q1	$1.0B	$158.0M	0.62	15.3%
2023Q3	$1.1B	—	1.02	—
2023Q2	$912.0M	—	0.64	—
2023Q1	$1.1B	$163.0M	0.65	15.1%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Other events, Exhibits
SEC8/21/2026material
10-Q filing
SEC7/31/2026
8-K — Results of operations, Exhibits
SEC7/31/2026material
8-K — Shareholder vote results
SEC5/21/2026material
8-K — Results of operations, Exhibits
SEC5/1/2026material
10-Q filing
SEC5/1/2026
8-K — Material agreement, Exhibits
SEC3/19/2026material
8-K — Material agreement, Material financial obligation, Exhibits
SEC3/4/2026material
8-K — Results of operations, Exhibits
SEC2/20/2026material
10-K filing
SEC2/20/2026
8-K — Executive/director change
SEC1/8/2026material

2025

8-K — Executive/director change
SEC12/16/2025material
8-K — Other events, Exhibits
SEC12/5/2025material
8-K — Results of operations, Exhibits
SEC11/7/2025material
10-Q filing
SEC11/7/2025
8-K — Other events, Exhibits
SEC9/26/2025material
8-K — Other events, Exhibits
SEC9/11/2025material
8-K — Results of operations, Exhibits
SEC8/8/2025material
10-Q filing
SEC8/8/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.