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Nasdaq · Utilities

Alliant Energy Corp. (LNT)

As-reported financials and SEC filings for Alliant Energy Corp. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Alliant Energy Corp.

Alliant Energy Corp operates as a regulated public utility holding company serving customers in the Midwest. It provides electric and natural gas services to about 1,010,000 electric and 435,000 natural gas customers through its subsidiaries IPL and WPL, which operate in Iowa and Wisconsin respectively. The company also manages non-utility holdings including transmission interests, wind farms, and supply chain solutions.

Snapshot

Revenue
$4.36B
Revenue growth (YoY)
9.6%
Net income
$810.0M
Diluted EPS
$3.14
Gross margin
85.7%
Operating margin
23.5%
Net margin
18.6%
FCF margin
—
ROE
11.0%
net income / fiscal-year-end equity
P/E
22.0×
trailing when available, otherwise FY EPS
Market cap
$18.06B
Long-term debt / equity
1.49×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Alliant Energy

  • Revenue grew 9.6% to $4.4B in FY2025, after a 1.1% decline the year before.
  • Operating margin is 23.5% in FY2025, +1.8 pp against 21.7% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $1.2B, up 5.0% from Q1 FY2025.
  • Net income rose 17.4% to $810M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Alliant Energy’s fundamentals sit among the 86 Utilities companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin85.7%
89th percentile of 20
Operating margin23.5%
63rd percentile of 77
Net margin18.6%
80th percentile of 80
Revenue growth (YoY)+9.6%
56th percentile of 82
ROE11.0%
75th percentile of 81
P/E22.0×
64th percentile of 74
Long-term debt / equity1.49×
74th percentile of 77
Short interest9.06d
96th percentile of 86

Alliant Energy’s gross margin of 85.7% ranks in the 89th percentile of the 20 Utilities companies reporting it.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $7. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
4
2 trimmed, 2 exited
Combined position
$365.5M
reported long value
InvestorAs ofPosition valueSharesChange
Point72 Asset ManagementquantQ2 2026$159.8M2.1MAdded
D. E. ShawquantQ2 2026$56.5M740.9KAdded
Gotham Asset ManagementQ2 2026$49.0M642.8KAdded
Renaissance TechnologiesquantQ2 2026$36.4M477.5KReduced
Millennium ManagementquantQ2 2026$26.3M344.7KAdded
AQR Capital ManagementquantQ2 2026$20.8M272.1KAdded
Citadel AdvisorsquantQ2 2026$16.6M217.5KReduced

No longer held by: Soros Fund Management (as of Q2 2026), Two Sigma Investments (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
1
$7
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-10
filed 2026-08-12
Robert J. DurianEVP and CFOSell0$68.60$7

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
27.7M
settled 2026-09-30
Change vs prior
+8.5%
vs previous settlement
Days to cover
9.06
at avg daily volume
Avg daily volume
3.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3027.7M+8.5%9.06
2026-09-1525.5M+2.9%12.73
2026-08-3124.8M+5.1%13.43
2026-08-1423.6M-13.5%8.09
2026-07-3127.3M-2.5%10.73
2026-07-1528.0M-0.1%12.75
2026-06-3028.0M+9.4%9.73
2026-06-1525.6M+6.0%10.95

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$4.36B$3.98B$4.03B$4.21B$3.67B
Gross profit
Operating income$1.02B$886.0M$943.0M$928.0M$795.0M
Pre-tax income$661.0M$576.0M$707.0M$708.0M$600.0M
Net income$810.0M$690.0M$703.0M$686.0M$674.0M
Diluted EPS$3.14$2.69$2.78$2.73$2.63

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$556.0M$81.0M$62.0M$20.0M$39.0M
Current assets$1.70B$1.18B$1.27B$1.25B$1.07B
Total assets$24.99B$22.71B$21.24B$20.16B$18.55B
Current liabilities$2.12B$2.71B$2.30B$2.36B$2.05B
Long-term debt$10.95B$8.68B$8.22B$7.67B$6.74B
Total liabilities
Total equity$7.33B$7.00B$6.78B$6.28B$5.99B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.17B$1.17B$867.0M$486.0M$582.0M
Capital expenditure———$1.48B$1.17B
Free cash flow———

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$1.18B5.0%$224.0M$0.87
Q4 FY20259.0%
Q3 FY2025$1.21B11.9%$281.0M$1.09
Q2 FY2025$961.0M7.5%$174.0M$0.68
Q1 FY2025$1.13B9.4%$213.0M$0.83
Q4 FY20241.6%
Q3 FY2024$1.08B—$295.0M$1.15
Q2 FY2024$894.0M—$87.0M$0.34

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorUtilities
SIC industryElectric & Other Services Combined
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ1 FY2026 (ended March 31, 2026)
Oldest indexed filing2014
SEC CIK352541

Selected SEC filings

10-K2026-02-20
View on EDGAR →
10-K2025-02-21
View on EDGAR →
10-Q2026-07-31
View on EDGAR →
10-Q2026-05-01
View on EDGAR →
10-Q2025-11-07
View on EDGAR →
10-Q2025-08-08
View on EDGAR →
8-K2026-08-21
View on EDGAR →
8-K2026-07-31
View on EDGAR →

Largest Utilities peers

All Utilities companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.