LNT Financials Alliant Energy

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Nov 1, 2026, 10:31 UTC Overview →

Growth & profitability

Revenue has grown 5.0% per year over the past 5 years.
Net income has grown in line with revenue (5.4% vs 5.0% per year).
Operating margin has expanded, at 23.5% in the latest year.

Financial health

Total debt ($12.0B) exceeds cash ($556M); net debt is $11.5B.
Total debt has grown faster than revenue (12.2% vs 5.0% per year).
Operating income covered interest expense 2.0× in the latest year, down from 2.7× 5 years ago.
Total debt is 6.4× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 64.3% of earnings.
The dividend has grown 6.7% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$4.4B	$810M	85.7%	23.5%	11.0%	3.2%	—	$12.0B	$556M
2024	$4.0B	$690M	84.6%	22.3%	9.9%	3.0%	—	$9.8B	$81M
2023	$4.0B	$703M	85.5%	23.4%	10.4%	3.3%	—	$9.0B	$62M
2022	$4.2B	$686M	86.4%	22.1%	10.9%	3.4%	-$998M	$8.1B	$20M
2021	$3.7B	$674M	85.4%	21.7%	11.3%	3.6%	-$587M	$7.4B	$39M
2020	$3.4B	$624M	86.9%	21.7%	11.0%	3.5%	-$865M	$6.8B	$54M
2019	$3.6B	$567M	86.8%	21.3%	10.9%	3.4%	-$980M	$6.2B	$16M
2018	$3.5B	$522M	86.0%	19.6%	11.4%	3.4%	-$1.1B	$5.5B	$21M
2017	$3.4B	$468M	85.8%	19.8%	11.2%	3.3%	-$945M	$4.9B	$28M
2016	$3.3B	$382M	0.0%	16.7%	9.4%	2.9%	-$804M	$4.3B	$8M
2015	—	$388M	—	—	10.4%	3.1%	-$163M	$3.9B	$6M
2014	—	$393M	—	—	11.4%	3.3%	-$11M	$3.8B	$57M
2013	—	$376M	—	—	11.5%	3.4%	-$67M	$3.3B	$10M
2012	—	$336M	—	—	10.7%	3.1%	-$317M	$3.1B	$21M
2011	—	$322M	—	—	10.7%	3.3%	$29M	$2.7B	$11M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Mar '26	$1.2B	$224M	86.6%	21.0%	3.0%	0.9%	$26M	$11.4B	$115M
Dec '25	$1.1B	$142M	85.8%	18.5%	1.9%	0.6%	—	$12.0B	$556M
Sep '25	$1.2B	$281M	86.3%	28.8%	3.8%	1.1%	-$103M	$11.9B	$503M
Jun '25	$961M	$174M	84.3%	23.2%	2.4%	0.7%	-$179M	$11.3B	$329M
Mar '25	$1.1B	$213M	86.0%	22.8%	3.0%	0.9%	-$305M	$10.6B	$25M
Dec '24	$976M	$150M	84.7%	22.6%	2.1%	0.7%	—	$9.8B	$81M
Sep '24	$1.1B	$295M	84.7%	29.0%	4.2%	1.3%	-$59M	$10.7B	$827M
Jun '24	$894M	$87M	83.6%	14.5%	1.3%	0.4%	-$137M	$9.8B	$92M
Mar '24	$1.0B	$158M	85.3%	21.5%	2.3%	0.7%	-$171M	$9.7B	$32M
Dec '23	$961M	$121M	84.9%	19.0%	1.8%	0.6%	—	$9.0B	$62M
Sep '23	$1.1B	$259M	85.7%	29.9%	3.9%	1.2%	-$132M	$9.3B	$206M
Jun '23	$912M	$160M	84.9%	23.8%	2.5%	0.8%	-$218M	$9.0B	$13M
Mar '23	$1.1B	$163M	86.4%	20.6%	2.6%	0.8%	-$229M	$9.0B	$157M
Dec '22	$1.1B	$107M	86.3%	15.0%	1.7%	0.5%	-$610M	$8.1B	$20M
Sep '22	$1.1B	$228M	86.2%	27.2%	3.6%	1.1%	-$138M	$8.6B	$344M
Jun '22	$943M	$159M	85.9%	22.5%	2.6%	0.8%	-$194M	$8.1B	$19M
Mar '22	$1.1B	$192M	87.1%	23.2%	3.2%	1.0%	-$56M	$8.0B	$67M
Dec '21	$927M	$95M	85.5%	14.2%	1.6%	0.5%	-$292M	$7.4B	$39M
Sep '21	$1.0B	$259M	85.5%	28.2%	4.3%	1.4%	-$76M	$7.4B	$20M
Jun '21	$817M	$146M	85.2%	21.5%	2.5%	0.8%	-$150M	$7.3B	$15M

Valuation over time

How the market has priced LNT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 20.1× (Mar '23) to 23.3× (Nov '26).
The price-to-sales ratio has risen from 3.3× (Mar '23) to 4.3× (Nov '26).
The dividend yield has fallen from 3.1% (Mar '23) to 2.8% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is LNT growing its revenue and profit?

Over the past 5 years, Alliant Energy's revenue has grown 5.0% per year, and net income grown 5.4% per year. These are computed facts, not advice.

How much debt does LNT have?

As of FY2025, Alliant Energy reported $12.0B of total debt against $556M of cash; operating income covered interest expense 2.0×.

What is LNT's profit margin?

In FY2025, gross margin was 85.7%, operating margin 23.5%, and net margin 18.6%.

What is LNT's P/E ratio?

Alliant Energy's P/E (TTM) is 22.97 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the LNT stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 23.3× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.