Alliant Energy (LNT) Stock Analysis

November 11, 2026

This is a peer-relative look at Alliant Energy (LNT): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Utilities peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Alliant Energy (LNT)
Profile Item	LNT
Name	Alliant Energy Corporation
Country/Region	United States
GICS Sector	Utilities
GICS Industry Group	Utilities
GICS Industry	Electric Utilities
GICS Sub-Industry	Electric Utilities
Market Capitalization	18.85 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	February 21, 1973
Security Type	Common Stock

Price Performance

Cumulative Growth

LNT

GSPC

Alliant Energy (LNT) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Alliant Energy (LNT) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Alliant Energy (LNT) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Alliant Energy (LNT) metric values compared with Utilities industry-group medians
Metric	Current stock: LNT	Industry group median
Total Return (1Y)	12.31%	5.85%
Total Return (3Y, Annualized)	18.55%	15.48%
Total Return (5Y, Annualized)	9.28%	8.14%

Risk Profile

Drawdown History

LNT

GSPC

Alliant Energy (LNT) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Alliant Energy (LNT) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Alliant Energy (LNT) metric values compared with Utilities industry-group medians
Metric	Current stock: LNT	Industry group median
Volatility (1Y, Annualized)	17.65%	22.23%
Beta (5Y)	0.50	0.53
Max Drawdown (5Y)	-25.59%	-36.85%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. LNT is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Alliant Energy (LNT) metric values compared with Utilities industry-group medians
Metric	Current stock: LNT	Industry group median
Sharpe Ratio (1Y)	0.46	0.08
Sortino Ratio (1Y)	0.66	0.12

Profitability

ROE (TTM)

Alliant Energy (LNT) posts ROE of 12.36%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

LNT

Utilities industry group

12.36%

Group distribution

Max: 17.99%
LNT: 12.36%
Q3: 12.01%
Median: 9.44%
Q1: 7.56%
Min: 2.17%

Largest peers

CEG: 15.06%
NEE: 14.06%
LNT: 12.36%
SO: 11.90%
AEP: 10.60%
NGG: 10.31%
DUK: 10.10%

Where Alliant Energy (LNT) stands on ROE within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Alliant Energy (LNT) keeps 20.74% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

LNT

Utilities industry group

20.74%

Group distribution

Max: 28.78%
LNT: 20.74%
Q3: 17.30%
Median: 12.73%
Q1: 9.18%
Min: -0.20%

Largest peers

NEE: 40.37%
NGG: 21.15%
LNT: 20.74%
DUK: 16.16%
SO: 16.00%
AEP: 14.21%
CEG: 11.08%

Where Alliant Energy (LNT) stands on net margin within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Alliant Energy (LNT) turns 30.27% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

LNT

Utilities industry group

30.27%

Group distribution

Max: 53.83%
Q3: 31.12%
LNT: 30.27%
Median: 23.62%
Q1: 15.45%
Min: -4.90%

Largest peers

SO: 36.92%
NEE: 33.00%
LNT: 30.27%
DUK: 30.03%
NGG: 28.64%
AEP: 26.89%
CEG: 8.66%

Where Alliant Energy (LNT) stands on operating margin within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Alliant Energy (LNT) metric values compared with Utilities industry-group medians
Metric	Current stock: LNT	Industry group median
ROE (TTM)	12.36%	9.44%
ROA (TTM)	2.47%	3.08%
Net Margin (TTM)	20.74%	12.73%
Operating Margin (TTM)	30.27%	23.62%
Gross Margin (TTM)	45.05%	44.03%

Growth

Revenue Growth

Alliant Energy (LNT) grew revenue 9.57%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

Alliant Energy (LNT): Revenue Growth across different time periods, set against Utilities industry-group medians.

EPS Growth

Alliant Energy (LNT) grew earnings per share 16.73%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

Alliant Energy (LNT): EPS Growth across different time periods, set against Utilities industry-group medians.

Growth Metrics

Alliant Energy (LNT) metric values compared with Utilities industry-group medians
Metric	Current stock: LNT	Industry group median
Revenue Growth (YoY)	9.57%	8.45%
Revenue Growth (3Y CAGR)	1.23%	3.87%
EPS Growth (YoY)	16.73%	3.93%
EPS Growth (3Y CAGR)	4.77%	5.25%

Financial Strength

Current Ratio (MRQ)

Alliant Energy (LNT) has current ratio of 0.51, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

LNT

Utilities industry group

0.51

Group distribution

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
LNT: 0.51
Min: 0.29

Largest peers

CEG: 1.46
SO: 0.84
DUK: 0.68
NGG: 0.62
NEE: 0.53
AEP: 0.51
LNT: 0.51

Where Alliant Energy (LNT) stands on current ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Alliant Energy (LNT) has debt-to-equity ratio of 1.61, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

LNT

Utilities industry group

1.61

Group distribution

Max: 2.63
Q3: 1.77
LNT: 1.61
Median: 1.35
Q1: 0.84
Min: 0.00

Largest peers

SO: 1.68
DUK: 1.63
AEP: 1.62
LNT: 1.61
NEE: 1.53
NGG: 1.32
CEG: 0.76

Where Alliant Energy (LNT) stands on debt-to-equity ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Alliant Energy (LNT) metric values compared with Utilities industry-group medians
Metric	Current stock: LNT	Industry group median
Current Ratio (MRQ)	0.51	0.88
Debt / Equity (MRQ)	1.61	1.35
Net Debt / EBITDA	6.67	5.31

Dividends

Dividend Yield (TTM)

Alliant Energy (LNT) has dividend yield of 2.88%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

LNT

Utilities industry group

2.88%

Group distribution

Max: 6.66%
Q3: 3.58%
LNT: 2.88%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

Largest peers

DUK: 3.29%
SO: 3.21%
AEP: 3.00%
LNT: 2.88%
NEE: 2.76%
CEG: 0.68%
NGG: 0.57%

Where Alliant Energy (LNT) stands on dividend yield within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Alliant Energy (LNT) has payout ratio of 58.84%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

LNT

Utilities industry group

58.84%

Group distribution

Max: 113.04%
Q3: 68.72%
LNT: 58.84%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

Largest peers

NGG: 71.97%
SO: 68.49%
DUK: 62.76%
AEP: 62.09%
LNT: 58.84%
NEE: 43.89%
CEG: 15.92%

Where Alliant Energy (LNT) stands on payout ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Alliant Energy (LNT) metric values compared with Utilities industry-group medians
Metric	Current stock: LNT	Industry group median
Dividend Yield (TTM)	2.88%	2.85%
Dividend Payout Ratio (TTM)	58.84%	56.38%

Valuation

P/E Ratio (TTM)

Alliant Energy (LNT) trades at P/E ratio of 20.24, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

LNT

Utilities industry group

20.24

Group distribution

Max: 31.22
Q3: 23.30
LNT: 20.24
Median: 19.64
Q1: 15.17
Min: 3.34

Largest peers

CEG: 24.43
SO: 21.08
AEP: 20.67
LNT: 20.24
DUK: 18.74
NEE: 15.67
NGG: 15.54

Where Alliant Energy (LNT) stands on P/E ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Alliant Energy (LNT) trades at 4.18 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

LNT

Utilities industry group

4.18

Group distribution

Max: 6.35
LNT: 4.18
Q3: 3.63
Median: 2.63
Q1: 1.52
Min: 0.00

Largest peers

NEE: 6.33
NGG: 4.46
LNT: 4.18
SO: 3.45
DUK: 2.99
AEP: 2.92
CEG: 2.83

Where Alliant Energy (LNT) stands on P/S ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Alliant Energy (LNT) trades at 2.41 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

LNT

Utilities industry group

2.41

Group distribution

Max: 3.12
LNT: 2.41
Q3: 2.21
Median: 1.83
Q1: 1.46
Min: 0.34

Largest peers

NGG: 9.36
NEE: 2.97
CEG: 2.78
SO: 2.56
LNT: 2.41
AEP: 2.10
DUK: 1.83

Where Alliant Energy (LNT) stands on P/B ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Alliant Energy (LNT) metric values compared with Utilities industry-group medians
Metric	Current stock: LNT	Industry group median
P/E Ratio (TTM)	20.24	19.64
P/S Ratio (TTM)	4.18	2.63
P/B Ratio (MRQ)	2.41	1.83
Free Cash Flow Yield (TTM)	-8.11%	-7.11%