Alliant Energy Past Earnings Performance
Past criteria checks 5/6
Alliant Energy has been growing earnings at an average annual rate of 5%, while the Electric Utilities industry saw earnings growing at 6.1% annually. Revenues have been growing at an average rate of 3.5% per year. Alliant Energy's return on equity is 11.1%, and it has net margins of 18.6%.
Key information
4.97%
Earnings growth rate
4.24%
EPS growth rate
| Electric Utilities Industry Growth | 6.28% |
| Revenue growth rate | 3.53% |
| Return on equity | 11.06% |
| Net Margin | 18.58% |
| Next Earnings Update | 30 Jul 2026 |
Recent past performance updates
Recent updates
Seeking Alpha • Jul 09
Alliant Energy: No Longer The Time To Buy Now (Rating Downgrade)
Summary Since my previous "Buy" rating, Alliant Energy has handily outperformed the S&P 500 index. Thanks to significant economic development in its service territories, the electric and gas utility’s four-year capital spending plan is much larger than it was when I last covered it. Alliant Energy enjoys a BBB+ S&P credit rating with a stable outlook. Shares are now trading at a roughly 8% premium to fair value. Alliant Energy looks positioned to deliver high single-digit percentage annual total returns through 2031. Read the full article on Seeking Alpha
Narrative Update • Jun 22
LNT: Data Center Agreements And EPS Guidance Will Support Measured Future Outlook
Analysts have kept their $79.13 price target for Alliant Energy unchanged, reflecting consistent assumptions around discount rate, revenue growth, profit margin, and future P/E, even as they refine their underlying model inputs slightly. What’s in the News for Alliant Energy Alliant Energy reported Q1 2026 GAAP earnings of $0.87 per share and ongoing earnings of $0.82 per share, with results described as in line with or slightly above analyst estimates.Narrative Update • Jun 08
LNT: Equity Offering And EPS Guidance Will Support Measured Fair Value
Analysts have increased their price target on Alliant Energy to $79.13 from $77.09, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Alliant Energy reaffirmed consolidated ongoing EPS guidance for 2026 at $3.36 to $3.46, according to recent corporate guidance.Analysis Article • May 11
Alliant Energy's (NASDAQ:LNT) Solid Earnings May Rest On Weak Foundations
Alliant Energy Corporation's ( NASDAQ:LNT ) robust recent earnings didn't do much to move the stock. We think this is...Narrative Update • Apr 27
LNT: Equity Offering Flexibility And EPS Guidance Will Support Fair Value
Analysts have modestly raised their price target for Alliant Energy to $77.09 from $75.45, reflecting updated views on fair value and a slightly higher assumed future P/E multiple while keeping the discount rate broadly unchanged. What's in the News Alliant Energy filed for a follow on equity offering of up to US$1b in common stock under an at the market program, giving the company flexibility to issue shares over time as conditions allow (Key Developments).Narrative Update • Apr 09
LNT: Equity Offering Capacity And Dividend Commitments Will Support Fair Value
Analysts have maintained their price target for Alliant Energy at $75.45, citing unchanged assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E as the basis for their view. What's in the News Alliant Energy filed for a follow-on equity offering of up to US$1 billion in common stock through an at-the-market program, which can be used over time for corporate funding needs (Key Developments).Narrative Update • Mar 25
LNT: Equity Offering Flexibility And Dividend Stability Will Sustain Fair Value
Analysts have adjusted their price target on Alliant Energy from $74.50 to about $75.45. This reflects updated assumptions for fair value, revenue, profit margin, and future P/E that slightly refine their overall outlook.Narrative Update • Mar 10
LNT: Dividend Consistency And 2026 EPS Guidance Will Support Fair Value
Analysts have nudged their price target for Alliant Energy to $74.50 from $74.09, reflecting updated views on slightly adjusted revenue growth, profit margin expectations, and a modestly higher future P/E assumption. What's in the News Alliant Energy affirmed its consolidated ongoing EPS guidance for 2026 in a range of $3.36 to $3.46, giving investors a clearer view of management’s earnings outlook for that year (Key Developments).Narrative Update • Feb 24
LNT: Dividend Stability And EPS Outlook Will Support A Fairly Valued Profile
Analysts have increased their price target for Alliant Energy to $74.09 from $72.45, citing updated assumptions around fair value, profit margin, and future P/E that modestly refine their outlook on the stock. What's in the News Alliant Energy affirmed its consolidated ongoing EPS guidance for 2026 at $3.36 to $3.46, maintaining its stated goal for earnings over that period (Key Developments).Narrative Update • Feb 09
LNT: Dividend Visibility And Stable Assumptions Will Support A Fairly Valued Outlook
Analysts have modestly adjusted their price target on Alliant Energy to $72.45. This reflects slight updates to their long term assumptions on discount rate, profit margin and future P/E expectations.Analysis Article • Jan 30
Alliant Energy's (NASDAQ:LNT) Upcoming Dividend Will Be Larger Than Last Year's
Alliant Energy Corporation's ( NASDAQ:LNT ) dividend will be increasing from last year's payment of the same period to...Narrative Update • Jan 26
LNT: Dividend And EPS Guidance Will Support A Measured Fairly Valued Outlook
Analysts have nudged their price target for Alliant Energy slightly higher to US$72.45 from US$72.10, reflecting updated views on revenue growth, profit margins, and future P/E assumptions. What's in the News The Board of Directors declared a quarterly cash dividend of US$0.5350 per share, payable on February 17, 2026, to shareowners of record as of January 30, 2026 (Key Developments).Analysis Article • Jan 16
Alliant Energy (NASDAQ:LNT) Is Increasing Its Dividend To $0.535
Alliant Energy Corporation ( NASDAQ:LNT ) will increase its dividend from last year's comparable payment on the 17th of...Narrative Update • Jan 12
LNT: Dividend Outlook And 2026 Earnings Guidance Will Support Stable Expectations
Analysts have kept their price target for Alliant Energy steady at about $72.10, reflecting largely unchanged assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News Alliant Energy provided dividend guidance for 2026, with an expected annual common stock dividend target of $2.14 per share, compared with the current annual common stock dividend target of $2.03 per share.Analysis Article • Jan 08
Calculating The Intrinsic Value Of Alliant Energy Corporation (NASDAQ:LNT)
Key Insights Using the Dividend Discount Model, Alliant Energy fair value estimate is US$63.40 Current share price of...Narrative Update • Dec 26
LNT: Higher Dividend And 2026 Earnings Guidance Will Support Steady Outlook
Analysts have inched their price target on Alliant Energy slightly higher to approximately 72 dollars from about 72 dollars previously, reflecting modest tweaks to long term growth and valuation assumptions despite slightly softer revenue growth and margin expectations. What's in the News Raised 2026 annual common stock dividend target to $2.14 per share from $2.03 per share, with quarterly payments still subject to board approval in each quarter of 2026 (Key Developments) Narrowed 2025 EPS guidance range to $3.17 to $3.23 per share from the prior $3.15 to $3.25 range, reflecting refined visibility into next year's earnings (Key Developments) Introduced 2026 ongoing EPS guidance of $3.36 to $3.46 per share (Key Developments) Valuation Changes Fair Value: nudged slightly higher to about 72.10 dollars from 72.00 dollars, indicating a minimal upward adjustment to intrinsic value estimates.Narrative Update • Dec 11
LNT: Dividend Raise And Stable Earnings Guidance Will Support Measured Outlook
Analysts have nudged their price target on Alliant Energy higher by 0.40 dollars to 72.00 dollars, citing slightly improved long term fair value assumptions and a modestly higher future price to earnings multiple, despite essentially unchanged growth and margin forecasts. What's in the News Alliant Energy raised its 2026 expected annual common stock dividend target to 2.14 dollars per share from 2.03 dollars, with actual payments still subject to quarterly board approval in 2026 (company guidance).Analysis Article • Dec 05
Here's Why Alliant Energy (NASDAQ:LNT) Has A Meaningful Debt Burden
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Narrative Update • Nov 27
LNT: Rising Dividend Outlook And Margin Gains Will Support Measured Outlook
Analysts have raised their price target for Alliant Energy by $0.10 to $71.60, citing improved revenue growth and slightly better profit margins as key factors in their updated assessment. What's in the News Announced an increase in the 2026 annual common stock dividend target to $2.14 per share.Narrative Update • Nov 11
LNT: Future Dividend Plans And Earnings Guidance Will Drive Stable Outlook
Alliant Energy's analyst price target has been revised slightly upward to $71.50 from $70.90. This change reflects analysts' expectations for stronger profit margins, even though there has been a modest reduction in projected revenue growth.Narrative Update • Oct 28
Revenue Stability And Projected Earnings Will Support Electrification And Decarbonization Expansion
Analysts have raised their price target for Alliant Energy from $69.70 to $70.90. They cite modest improvements in revenue growth forecasts and a stable discount rate as key factors in the updated outlook.Narrative Update • Oct 13
Midwest Data Centers Will Power Future Electrification And Decarbonization
Analysts have raised their price target for Alliant Energy from $68.50 to $69.70, citing incremental improvements in fair value assessments based on updated models. What's in the News Alliant Energy Corporation reaffirmed its consolidated earnings guidance for 2025.Analysis Article • Sep 09
Alliant Energy (NASDAQ:LNT) Has More To Do To Multiply In Value Going Forward
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Analysis Article • Aug 27
These 4 Measures Indicate That Alliant Energy (NASDAQ:LNT) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Aug 27
Midwest Data Centers Will Power Future Electrification And Decarbonization
Alliant Energy’s consensus analyst price target increased slightly to $68.95, reflecting marginal upward revisions in revenue growth and forward P/E estimates, while overall analyst expectations remain stable. What's in the News Reaffirmed consolidated 2025 earnings guidance at $3.15–$3.25 per share.Seeking Alpha • Dec 18
Alliant Energy: Buy Now For The Upcoming Dividend Hike
Summary Alliant Energy will soon raise its dividend for the 22nd consecutive year. The electric and gas utility is anticipated to up its four-year capital spending by $1.8 billion. LNT's balance sheet is well-capitalized to fund its capital spending plan. The electric and gas utility looks to be priced at an 8% discount to fair value. Alliant Energy could be set up to generate 23% cumulative total returns through 2026. Read the full article on Seeking AlphaSeeking Alpha • Aug 22
Alliant Energy: A Quality Dividend Grower, Still On Sale Now
Summary Shares of Alliant Energy have sharply rallied since my last article and vastly outperformed the S&P 500. The electric and gas utility's growth outlook remains encouraging. Alliant Energy enjoys an A- credit rating from S&P on a stable outlook. Shares of the utility appear to be trading at 10% under my fair value estimate. Alliant Energy looks to be set up for 30% cumulative total returns by the end of 2026. Read the full article on Seeking Alpha
New Narrative • Aug 21
Iowa Settlement And Digital Expansion Set To Propel Utility's Long-Term Growth
Implementing the Iowa rate review settlement ensures base rate stability, indicating a move towards predictable revenue streams and potential margin growth.Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Alliant Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 4,418 | 821 | 19 | 0 |
| 31 Dec 25 | 4,362 | 810 | 19 | 0 |
| 30 Sep 25 | 4,274 | 818 | 16 | 0 |
| 30 Jun 25 | 4,144 | 832 | 16 | 0 |
| 31 Mar 25 | 4,078 | 745 | 16 | 0 |
| 31 Dec 24 | 3,981 | 690 | 16 | 0 |
| 30 Sep 24 | 3,966 | 661 | 26 | 0 |
| 30 Jun 24 | 3,962 | 625 | 26 | 0 |
| 31 Mar 24 | 3,981 | 698 | 26 | 0 |
| 31 Dec 23 | 4,027 | 703 | 26 | 0 |
| 30 Sep 23 | 4,124 | 689 | 27 | 0 |
| 30 Jun 23 | 4,183 | 658 | 27 | 0 |
| 31 Mar 23 | 4,214 | 657 | 27 | 0 |
| 31 Dec 22 | 4,205 | 686 | 27 | 0 |
| 30 Sep 22 | 4,074 | 667 | 9 | 0 |
| 30 Jun 22 | 3,963 | 695 | 9 | 0 |
| 31 Mar 22 | 3,836 | 680 | 9 | 0 |
| 31 Dec 21 | 3,669 | 659 | 9 | 0 |
| 30 Sep 21 | 3,559 | 635 | 24 | 0 |
| 30 Jun 21 | 3,455 | 625 | 24 | 0 |
| 31 Mar 21 | 3,401 | 615 | 24 | 0 |
| 31 Dec 20 | 3,416 | 614 | 24 | 0 |
| 30 Sep 20 | 3,479 | 661 | 32 | 0 |
| 30 Jun 20 | 3,550 | 641 | 32 | 0 |
| 31 Mar 20 | 3,577 | 602 | 32 | 0 |
| 31 Dec 19 | 3,648 | 557 | 32 | 0 |
| 30 Sep 19 | 3,642 | 531 | 17 | 0 |
| 30 Jun 19 | 3,580 | 511 | 17 | 0 |
| 31 Mar 19 | 3,605 | 516 | 17 | 0 |
| 31 Dec 18 | 3,534 | 512 | 17 | 0 |
| 30 Sep 18 | 3,517 | 521 | 7 | 0 |
| 30 Jun 18 | 3,495 | 484 | 15 | 0 |
| 31 Mar 18 | 3,445 | 478 | 30 | 0 |
| 31 Dec 17 | 3,382 | 456 | 30 | 0 |
| 30 Sep 17 | 3,323 | 425 | 1 | 0 |
| 30 Jun 17 | 3,341 | 385 | 14 | 0 |
| 31 Mar 17 | 3,330 | 375 | 0 | 0 |
| 31 Dec 16 | 3,320 | 374 | 29 | 0 |
| 30 Sep 16 | 3,263 | 346 | 21 | 0 |
| 30 Jun 16 | 3,237 | 397 | 0 | 0 |
| 31 Mar 16 | 3,200 | 382 | 0 | 0 |
| 31 Dec 15 | 3,254 | 381 | 0 | 0 |
| 30 Sep 15 | 3,318 | 406 | 0 | 0 |
Quality Earnings: LNT has high quality earnings.
Growing Profit Margin: LNT's current net profit margins (18.6%) are higher than last year (18.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LNT's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: LNT's earnings growth over the past year (10.2%) exceeds its 5-year average (5% per year).
Earnings vs Industry: LNT earnings growth over the past year (10.2%) exceeded the Electric Utilities industry 8.8%.
Return on Equity
High ROE: LNT's Return on Equity (11.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/10 21:27 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Alliant Energy Corporation is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Kilstein | Argus Research Company |
| David Parker | Baird |
| Daniel Ford | Barclays |