LNT vs. NI: Alliant Energy vs. NiSource Stock Comparison
How do Alliant Energy (LNT) and NiSource (NI) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Alliant Energy (LNT) and NiSource (NI) both fall under the Utilities industry group, but LNT is classified in Electric Utilities while NI is classified in Multi-Utilities.
| Profile Item | LNT | NI |
|---|---|---|
| Name | Alliant Energy Corporation | NiSource Inc. |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Multi-Utilities |
| GICS Sub-Industry | Electric Utilities | Multi-Utilities |
| Market Capitalization | 18.85 billion USD | 21.18 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | February 21, 1973 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LNT | NI |
|---|---|---|
| Total Return (1Y) | 12.31% | 6.11% |
| Total Return (3Y, Annualized) | 18.55% | 25.66% |
| Total Return (5Y, Annualized) | 9.28% | 16.11% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LNT | NI |
|---|---|---|
| Volatility (1Y, Annualized) | 17.65% | 18.23% |
| Beta (5Y) | 0.50 | 0.53 |
| Max Drawdown (5Y) | -25.59% | -24.76% |
| Avg. Volume (3M) | 2.73M | 5.64M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LNT | NI |
|---|---|---|
| Sharpe Ratio (1Y) | 0.46 | 0.10 |
| Sortino Ratio (1Y) | 0.66 | 0.14 |
Profitability
ROE (TTM)
Alliant Energy (LNT) at 12.36% sits in the top ROE quartile, while NiSource (NI) at 8.71% is closer to the peer norm — stronger capital efficiency for LNT.
LNT
Utilities industry group
12.36%
- Max
- 17.99%
- LNT
- 12.36%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
NI
Utilities industry group
8.71%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- NI
- 8.71%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Alliant Energy (LNT) at 20.74% retains a top-quartile share of revenue as profit, ahead of NiSource (NI) at 13.51%, which keeps about the industry-typical share.
LNT
Utilities industry group
20.74%
- Max
- 28.78%
- LNT
- 20.74%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
NI
Utilities industry group
13.51%
- Max
- 28.78%
- Q3
- 17.30%
- NI
- 13.51%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both Alliant Energy (LNT) at 30.27% and NiSource (NI) at 25.20% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
LNT
Utilities industry group
30.27%
- Max
- 53.83%
- Q3
- 31.12%
- LNT
- 30.27%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
NI
Utilities industry group
25.20%
- Max
- 53.83%
- Q3
- 31.12%
- NI
- 25.20%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | LNT | NI |
|---|---|---|
| ROE (TTM) | 12.36% | 8.71% |
| ROA (TTM) | 2.47% | 3.25% |
| Net Margin (TTM) | 20.74% | 13.51% |
| Operating Margin (TTM) | 30.27% | 25.20% |
| Gross Margin (TTM) | 45.05% | 50.92% |
Growth
Revenue Growth
NiSource (NI) at 21.76% sits in the top revenue growth quartile, while Alliant Energy (LNT) at 9.57% is closer to the peer norm — faster top-line expansion for NI.
EPS Growth
NiSource (NI) at 20.37% sits in the top EPS growth quartile, while Alliant Energy (LNT) at 16.73% is closer to the peer norm — faster per-share earnings growth for NI.
Growth Metrics
| Metric | LNT | NI |
|---|---|---|
| Revenue Growth (YoY) | 9.57% | 21.76% |
| Revenue Growth (3Y CAGR) | 1.23% | 4.32% |
| EPS Growth (YoY) | 16.73% | 20.37% |
| EPS Growth (3Y CAGR) | 4.77% | 4.68% |
Financial Strength
Current Ratio (MRQ)
Both Alliant Energy (LNT) at 0.51 and NiSource (NI) at 0.50 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
LNT
Utilities industry group
0.51
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- LNT
- 0.51
- Min
- 0.29
NI
Utilities industry group
0.50
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- NI
- 0.50
- Min
- 0.29
Debt / Equity (MRQ)
Both Alliant Energy (LNT) at 1.61 and NiSource (NI) at 1.53 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
LNT
Utilities industry group
1.61
- Max
- 2.63
- Q3
- 1.77
- LNT
- 1.61
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
NI
Utilities industry group
1.53
- Max
- 2.63
- Q3
- 1.77
- NI
- 1.53
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | LNT | NI |
|---|---|---|
| Current Ratio (MRQ) | 0.51 | 0.50 |
| Debt / Equity (MRQ) | 1.61 | 1.53 |
| Net Debt / EBITDA | 6.67 | 5.87 |
Dividends
Dividend Yield (TTM)
Both Alliant Energy (LNT) at 2.88% and NiSource (NI) at 0.68% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
LNT
Utilities industry group
2.88%
- Max
- 6.66%
- Q3
- 3.58%
- LNT
- 2.88%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
NI
Utilities industry group
0.68%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- NI
- 0.68%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Alliant Energy (LNT) at 58.84% and NiSource (NI) at 60.51% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
LNT
Utilities industry group
58.84%
- Max
- 113.04%
- Q3
- 68.72%
- LNT
- 58.84%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
NI
Utilities industry group
60.51%
- Max
- 113.04%
- Q3
- 68.72%
- NI
- 60.51%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | LNT | NI |
|---|---|---|
| Dividend Yield (TTM) | 2.88% | 0.68% |
| Dividend Payout Ratio (TTM) | 58.84% | 60.51% |
Valuation
P/E Ratio (TTM)
Both Alliant Energy (LNT) at 20.24 and NiSource (NI) at 22.64 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
LNT
Utilities industry group
20.24
- Max
- 31.22
- Q3
- 23.30
- LNT
- 20.24
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
NI
Utilities industry group
22.64
- Max
- 31.22
- Q3
- 23.30
- NI
- 22.64
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
NiSource (NI) at 3.04 is priced about in line with its industry on P/S ratio, while Alliant Energy (LNT) at 4.18 sits in the pricier quartile — LNT costs more per dollar of sales.
LNT
Utilities industry group
4.18
- Max
- 6.35
- LNT
- 4.18
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
NI
Utilities industry group
3.04
- Max
- 6.35
- Q3
- 3.63
- NI
- 3.04
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
NiSource (NI) at 2.21 is valued about in line with its industry on P/B ratio, while Alliant Energy (LNT) at 2.41 carries an above-peer premium to book — LNT is pricier on assets.
LNT
Utilities industry group
2.41
- Max
- 3.12
- LNT
- 2.41
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
NI
Utilities industry group
2.21
- Max
- 3.12
- Q3
- 2.21
- NI
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | LNT | NI |
|---|---|---|
| P/E Ratio (TTM) | 20.24 | 22.64 |
| P/S Ratio (TTM) | 4.18 | 3.04 |
| P/B Ratio (MRQ) | 2.41 | 2.21 |
| Free Cash Flow Yield (TTM) | -8.11% | -10.51% |