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Alliant Energy Corporation

LNT

Utilities · 70.80 -0.1% today

Jodie read · what matters now

Revenue rose to $4.4B and operating margin reached 23.5%, while EV/sales sits at 6.6x, a 32.6% premium to peers.

The story is only the start. Jodie keeps watching the filing evidence, the companies connected to LNT, and whether its market group begins moving.

P/E22.6xlatest annual facts
Revenue YoY+9.6%2025-12-31
Operating margin23.5%+1.2 pts YoY
Latest story10-Q · Jul 31, 2026Read on Struct ↗
Disclosed connections8 verified links5 additional receipts in Pro
Organic co-movement groupRegulated Electric Utilities · ParticipantDiscovered from trading behaviour, not sector labels · Open group →

Earlier comparable assessment · baseline

The latest filing presents a mixed picture

10-Q filed 2026-05-01 against the comparable filing from 2025-05-09.

A newer Struct brief is shown above. This older assessment remains here for comparison, not as the current read.

mixed
OperationsmixedEvidence score 0
liquidityconstructiveEvidence score +1
valuationmixed

What improved

  • Revenue increased 5.0% versus the comparable filing period.
  • Operating cash flow covered net income at 1.64x, improving versus the comparable period.

What weakened

  • Operating margin fell 1.8 percentage points.

Filing receipts

rider in 2025 17 17 — Timing of WPL’s fuel-related cost recoveries from retail electric customers (25) — (25) Other (primarily due to other changes in working capital) 9 13 3 $119 $77 $49 (a) Refer to the cash flows statements for details of renewable tax credits transferred to other corporate taxpayers during the three months ended March 31, 2026.

Alliant Energy’s net income and diluted EPS attributable to Alliant Energy common shareowners for the three months ended March 31 were as follows (dollars in millions, except per share amounts): 2026 2025 Income (Loss) EPS Income (Loss) EPS Utilities and Corporate Services $215 $0.83 $225 $0.87 ATC Holdings 11 0.04 10 0.04 Non-utility and Parent (2) — (22) (0.08) Alliant Energy Consolidated $224 $0.87 $213 $0.83 Alliant Energy’s Utilities and Corporate Services net income decreased by $10 million for the three-month period, primarily due to higher other operation and maintenance, financing and depreciation expenses and the timing of income taxes.

Estimated increases (decreases) to operating income from the impacts of temperatures for the three months ended March 31 were as follows (in millions): Electric Gas 2026 2025 Change 2026 2025 Change IPL ($7) ($3) ($4) ($4) ($2) ($2) WPL (3) (3) — (2) (1) (1) Total Alliant Energy ($10) ($6) ($4) ($6) ($3) ($3) Electric Sales for Resale - Alliant Energy’s and IPL’s wholesale sales volumes decreased for the three months ended March 31, 2026, compared to the same period in 2025, primarily due to the expiration of IPL’s wholesale power agreement with Southern Minnesota Energy Cooperative in 2025.

Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.

Who this business touches

The relationships behind LNT

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

BURLBurlington Stores, Inc.partnerFull receipt with Pro →
ROADConstruction Partners, Inc.partnerFull receipt with Pro →

Depended on by

WDWalker & Dunlop, IncsupplierFull receipt with Pro →

Filing peers

Companies whose filings use similar operating language.

You can see the shape of the network here. Pro opens 5 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →

What is moving around it

Live connections

LNT is currently a Participant in the organic co-movement group Regulated Electric Utilities. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Theme membership history

No durable theme membership has been observed for this name yet.