LNT
UtilitiesAlliant Energy Corporation · Regulated Electric · $19B
What is Alliant Energy Corporation?
Alliant Energy Corporation is a regulated utility holding company serving electric and natural gas customers across Iowa and Wisconsin. Through its two primary subsidiaries, it delivers essential energy services to residential, commercial, and industrial customers in the Midwest.
Alliant Energy generates, distributes, and transports electricity and natural gas through two regulated subsidiaries — Interstate Power and Light Company (IPL) in Iowa and Wisconsin Power and Light Company (WPL) in Wisconsin. Revenue comes primarily from regulated retail electricity and gas sales, with wholesale electricity sales to customers in neighboring states. The company also operates ancillary logistics businesses in Iowa, including short-line rail freight, a Mississippi River freight terminal, and freight brokerage services.
Alliant Energy was founded in 1988 and is headquartered in Madison, Wisconsin.
- Regulated electricity generation and distribution in Iowa and Wisconsin
- Natural gas distribution and transportation to retail customers
- Wholesale electricity sales across Iowa, Wisconsin, Minnesota, and Illinois
- Steam generation and distribution in Cedar Rapids, Iowa
- Freight and logistics services including rail and barge operations in Iowa
Is LNT a Good Stock to Buy?
UQS Score rates LNT as Below Average overall, reflecting a mixed fundamental profile typical of regulated Midwest utilities facing structural headwinds.
Alliant Energy's Quality, Moat, Growth, and Valuation pillars each land at Neutral, suggesting the company maintains a stable regulated business without standing out meaningfully against sector peers. Its regulated utility model provides predictable revenue streams, which supports baseline quality.
The Risk pillar is rated Weak, which is the most notable drag on LNT's overall score — pointing to elevated financial or operational risk relative to sector peers.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does LNT pay dividends?
Yes — Alliant Energy Corporation pays a dividend.
Alliant Energy pays a regular dividend, consistent with the capital-return culture common among regulated utilities. The company's predictable, rate-regulated cash flows support ongoing dividend payments. Investors focused on income often look to regulated utilities like LNT for dividend consistency, though payout sustainability should be evaluated alongside the company's Risk pillar rating.
When does LNT report earnings?
Alliant Energy reports earnings on a quarterly cadence, typical for US-listed equities.
As a regulated utility, Alliant Energy's quarterly results tend to reflect rate-case outcomes, capital investment cycles, and weather-driven demand rather than sharp swings in revenue. Performance is generally tied to regulatory approvals and infrastructure spending across Iowa and Wisconsin.
For the most recent quarter's results, visit Alliant Energy's investor relations page directly.
LNT Price History
+45.3% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Alliant Energy Corporation?
Based on Alliant Energy Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
LNT Long-term Outlook
With Growth and Risk pillars rated Neutral and Weak respectively, Alliant Energy's near-term fundamental trajectory appears constrained. Regulated utilities typically grow in line with rate-base expansion and approved capital programs, but elevated risk factors may limit the pace of value creation. The Neutral Valuation pillar suggests the market is not pricing in significant upside or downside at current levels.
Growth drivers
- Rate-base expansion through regulated infrastructure investment in Iowa and Wisconsin
- Renewable energy transition investments supported by regulatory frameworks
- Stable demand from agricultural, industrial, and manufacturing customer segments
Key risks
- Weak Risk pillar signals elevated financial or regulatory risk relative to utility peers
- Interest rate sensitivity common to capital-intensive regulated utilities
- Regulatory lag between capital spending and approved rate recovery
LNT vs Peers
Alliant Energy operates in a competitive regulated utility landscape alongside several peers serving overlapping Midwest and broader US markets.
Duke Energy is a significantly larger utility with a broader geographic footprint spanning the Southeast and Midwest, offering a different scale and diversification profile compared to Alliant's Iowa-Wisconsin focus.
Evergy serves Kansas and Missouri, making it a regional peer with a comparable regulated utility model but a distinct state regulatory environment and customer base.
Algonquin combines regulated utility operations with renewable energy assets across North America, giving it a different growth and risk profile relative to Alliant's more traditional regulated model.
Frequently Asked Questions
What does Alliant Energy do?
Alliant Energy is a regulated utility holding company that generates and distributes electricity and natural gas to customers in Iowa and Wisconsin. It operates through two subsidiaries — IPL in Iowa and WPL in Wisconsin — serving roughly one million electric and over four hundred thousand gas customers combined. The company also runs ancillary freight and logistics operations in Iowa.
Does LNT pay dividends?
Yes, Alliant Energy pays a regular dividend. Regulated utilities like LNT typically return capital to shareholders through consistent dividend programs, supported by predictable rate-regulated cash flows. Investors should review the company's investor relations page for the current dividend rate and payment schedule.
When does LNT report earnings?
Alliant Energy reports earnings on a quarterly cadence, as is standard for US-listed public companies. Specific upcoming earnings dates are not available through our data source. Check Alliant Energy's investor relations page or a financial calendar service for the next scheduled release.
Is LNT a good stock to buy?
UQS Score rates LNT as Below Average overall, driven primarily by a Weak Risk pillar alongside Neutral ratings across Quality, Moat, Growth, and Valuation. Whether it suits your portfolio depends on your income needs, risk tolerance, and sector exposure. Pro members can view the full pillar breakdown to inform their own assessment.
Is LNT overvalued?
LNT's Valuation pillar is rated Neutral, suggesting the stock is neither clearly cheap nor expensive relative to its fundamentals at current levels. Regulated utilities are often valued on yield and rate-base growth, so context matters. The complete valuation metrics are available to UQS Pro members.
How does LNT compare to its competitors?
Alliant Energy is a mid-sized regulated utility focused on Iowa and Wisconsin, while peers like Duke Energy operate at much larger national scale. Regional competitors such as Evergy serve comparable Midwest markets. Algonquin blends regulated utility operations with renewable energy assets, creating a different risk-return profile. UQS Pro shows side-by-side pillar comparisons.
What is LNT's market cap bracket?
Alliant Energy is classified as a large-cap company, placing it among the more substantial regulated utilities in the US market. Large-cap utilities often attract income-focused investors seeking relative stability within the equity universe.
Who founded Alliant Energy?
Alliant Energy was formed in 1988 as a holding company structure to consolidate Midwest utility operations. Detailed founding history, including key individuals involved, is publicly available through the company's official history and investor relations materials.
Is LNT a long-term quality indicator?
As a long-term quality indicator, LNT's UQS profile shows Neutral scores across most pillars with a Weak Risk rating — suggesting the business is stable but not among the highest-quality names in the utility sector. Long-term holders should weigh the regulated revenue model against the elevated risk profile flagged by UQS.
What is the main competitive advantage of Alliant Energy?
Alliant Energy's primary advantage is its position as a regulated utility with exclusive service territories in Iowa and Wisconsin. Regulated monopoly status limits direct competition and provides predictable, government-approved revenue streams. However, UQS rates its Moat pillar as only Neutral, indicating this advantage is not exceptional relative to sector peers.
What sector does LNT belong to?
LNT belongs to the Utilities sector, specifically the regulated electric and gas utility industry. Utilities are generally considered defensive investments due to their essential services and regulated revenue, though they carry interest rate sensitivity and capital intensity as structural characteristics.
Is LNT a growth stock or value stock?
Based on UQS pillar labels, LNT shows Neutral Growth and Neutral Valuation ratings, placing it in neither a clear growth nor deep-value category. Regulated utilities typically grow slowly in line with rate-base investment, making them more income-oriented than pure growth plays.
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Pro Analysis
LNT — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 24, 2026 | 45.8 | 48.8 | 56.0 | 48.4 | 8.5 | 57.5 | -0.2 |
| May 16, 2026 | 46.0 | 48.8 | 56.0 | 48.4 | 8.5 | 59.1 | -0.4 |
| May 10, 2026 | 46.4 | 31.3 | 56.0 | 47.6 | 38.6 | 61.8 | +0.1 |
| May 8, 2026 | 46.3 | 31.3 | 56.0 | 47.3 | 38.6 | 61.8 | +0.5 |
| May 7, 2026 | 45.8 | 49.0 | 56.0 | 47.3 | 8.5 | 58.7 | +0.4 |
| May 3, 2026 | 45.4 | 49.0 | 56.0 | 47.3 | 8.5 | 56.4 | -0.2 |
| Apr 27, 2026 | 45.6 | 49.0 | 56.0 | 47.3 | 8.5 | 57.3 | +0.2 |
| Apr 26, 2026 | 45.4 | 49.0 | 56.0 | 46.5 | 8.5 | 57.3 | -0.2 |
| Apr 22, 2026 | 45.6 | 49.0 | 56.0 | 46.5 | 8.5 | 58.5 | -0.1 |
| Apr 19, 2026 | 45.7 | 49.0 | 56.0 | 47.0 | 8.5 | 58.5 | -0.1 |
LNT — Pillar Breakdown
Quality
— 48.8/100 (25%)Alliant Energy Corporation has average quality metrics, with room for improvement in margins or capital efficiency.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 48.4/100 (20%)Alliant Energy Corporation shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 8.5/100 (15%)Alliant Energy Corporation presents elevated risk with concerns around leverage or financial stability.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 57.6/100 (15%)Alliant Energy Corporation trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 56/100 (25%)Alliant Energy Corporation has meaningful competitive advantages that should protect its market position. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for LNT.
Score Composition
Financial Data
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How is the LNT UQS Score Calculated?
The UQS (Unified Quality Score) for Alliant Energy Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Alliant Energy Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Alliant Energy Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.