LNT vs. XEL: Alliant Energy vs. Xcel Energy Stock Comparison
How do Alliant Energy (LNT) and Xcel Energy (XEL) 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 Xcel Energy (XEL) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.
| Profile Item | LNT | XEL |
|---|---|---|
| Name | Alliant Energy Corporation | Xcel Energy Inc. |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Electric Utilities |
| GICS Sub-Industry | Electric Utilities | Electric Utilities |
| Market Capitalization | 18.85 billion USD | 51.14 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| 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 | XEL |
|---|---|---|
| Total Return (1Y) | 12.31% | 2.65% |
| Total Return (3Y, Annualized) | 18.55% | 14.93% |
| Total Return (5Y, Annualized) | 9.28% | 8.26% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LNT | XEL |
|---|---|---|
| Volatility (1Y, Annualized) | 17.65% | 19.49% |
| Beta (5Y) | 0.50 | 0.33 |
| Max Drawdown (5Y) | -25.59% | -34.41% |
| Avg. Volume (3M) | 2.73M | 5.83M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LNT | XEL |
|---|---|---|
| Sharpe Ratio (1Y) | 0.46 | -0.08 |
| Sortino Ratio (1Y) | 0.66 | -0.12 |
Profitability
ROE (TTM)
Alliant Energy (LNT) at 12.36% sits in the top ROE quartile, while Xcel Energy (XEL) at 11.44% 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%
XEL
Utilities industry group
11.44%
- Max
- 17.99%
- Q3
- 12.01%
- XEL
- 11.44%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
For every dollar of sales, both Alliant Energy (LNT) at 20.74% and Xcel Energy (XEL) at 17.95% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
LNT
Utilities industry group
20.74%
- Max
- 28.78%
- LNT
- 20.74%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
XEL
Utilities industry group
17.95%
- Max
- 28.78%
- XEL
- 17.95%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both Alliant Energy (LNT) at 30.27% and Xcel Energy (XEL) at 28.50% 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%
XEL
Utilities industry group
28.50%
- Max
- 53.83%
- Q3
- 31.12%
- XEL
- 28.50%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | LNT | XEL |
|---|---|---|
| ROE (TTM) | 12.36% | 11.44% |
| ROA (TTM) | 2.47% | 2.37% |
| Net Margin (TTM) | 20.74% | 17.95% |
| Operating Margin (TTM) | 30.27% | 28.50% |
| Gross Margin (TTM) | 45.05% | 47.27% |
Growth
Revenue Growth
Both Alliant Energy (LNT) at 9.57% and Xcel Energy (XEL) at 9.14% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Alliant Energy (LNT) at 16.73% and Xcel Energy (XEL) at -0.58% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | LNT | XEL |
|---|---|---|
| Revenue Growth (YoY) | 9.57% | 9.14% |
| Revenue Growth (3Y CAGR) | 1.23% | -1.42% |
| EPS Growth (YoY) | 16.73% | -0.58% |
| EPS Growth (3Y CAGR) | 4.77% | 2.56% |
Financial Strength
Current Ratio (MRQ)
Xcel Energy (XEL) at 0.69 keeps current ratio within its industry’s typical mid-range, while Alliant Energy (LNT) at 0.51 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for LNT.
LNT
Utilities industry group
0.51
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- LNT
- 0.51
- Min
- 0.29
XEL
Utilities industry group
0.69
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- XEL
- 0.69
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Both Alliant Energy (LNT) at 1.61 and Xcel Energy (XEL) at 1.68 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
XEL
Utilities industry group
1.68
- Max
- 2.63
- Q3
- 1.77
- XEL
- 1.68
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | LNT | XEL |
|---|---|---|
| Current Ratio (MRQ) | 0.51 | 0.69 |
| Debt / Equity (MRQ) | 1.61 | 1.68 |
| Net Debt / EBITDA | 6.67 | 6.35 |
Dividends
Dividend Yield (TTM)
Both Alliant Energy (LNT) at 2.88% and Xcel Energy (XEL) at 2.92% 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%
XEL
Utilities industry group
2.92%
- Max
- 6.66%
- Q3
- 3.58%
- XEL
- 2.92%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Alliant Energy (LNT) at 58.84% and Xcel Energy (XEL) at 54.72% 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%
XEL
Utilities industry group
54.72%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- XEL
- 54.72%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | LNT | XEL |
|---|---|---|
| Dividend Yield (TTM) | 2.88% | 2.92% |
| Dividend Payout Ratio (TTM) | 58.84% | 54.72% |
Valuation
P/E Ratio (TTM)
Both Alliant Energy (LNT) at 20.24 and Xcel Energy (XEL) at 18.57 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
XEL
Utilities industry group
18.57
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- XEL
- 18.57
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
Xcel Energy (XEL) at 3.44 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
XEL
Utilities industry group
3.44
- Max
- 6.35
- Q3
- 3.63
- XEL
- 3.44
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
Xcel Energy (XEL) at 1.98 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
XEL
Utilities industry group
1.98
- Max
- 3.12
- Q3
- 2.21
- XEL
- 1.98
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | LNT | XEL |
|---|---|---|
| P/E Ratio (TTM) | 20.24 | 18.57 |
| P/S Ratio (TTM) | 4.18 | 3.44 |
| P/B Ratio (MRQ) | 2.41 | 1.98 |
| Free Cash Flow Yield (TTM) | -8.11% | -16.32% |