Alliant Energy Corporation (LNT) Stock

About Alliant Energy Corporation

Alliant Energy Corporation functions as a utility holding company, specializing in the provision of regulated electricity and natural gas services. Its operational structure is divided into three principal segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. Through its primary subsidiary, Interstate Power and Light Company (IPL), the corporation generates and distributes electricity, and manages the distribution and transportation of natural gas to retail customers throughout Iowa. IPL also markets electricity to wholesale buyers across Minnesota, Illinois, and Iowa, and generates and supplies steam in Cedar Rapids, Iowa. Similarly, its other subsidiary, Wisconsin Power and Light Company (WPL), is responsible for electricity generation and distribution, alongside natural gas distribution and transport, for retail clients within Wisconsin. WPL additionally sells wholesale electricity in Wisconsin. As of December 31, 2021, IPL catered to approximately 500,000 retail electric customers and 225,000 natural gas customers, while WPL provided services to about 485,000 retail electric accounts and 200,000 natural gas accounts. The company's diverse retail customer base includes businesses in farming, agriculture, industrial manufacturing, chemical production, packaging, and food processing. In addition to its core utility functions, Alliant Energy owns and operates a short-line rail freight service, a multi-modal freight terminal (encompassing barge, rail, and truck operations) on the Mississippi River, and a rail-served warehouse, all located in Iowa. It further provides freight brokerage services. The company also maintains interests in a 347-megawatt (MW) natural gas-fueled electric generating unit situated near Sheboygan Falls, Wisconsin, and a 225 MW wind farm located in Oklahoma. Alliant Energy Corporation was established in 1981 and maintains its headquarters in Madison, Wisconsin.

Alliant Energy Corporation is led by CEO Lisa Barton, employs 2,948 people, headquartered in Madison, US, publicly traded since 1988.

Alliant Energy Corporation (LNT) stock trades at $70.66 with a market capitalization of $18.25B. The stock is valued at a price-to-earnings (P/E) ratio of 22.83, price-to-book of 2.53, price-to-sales of 4.14. Over the past 52 weeks the stock has ranged between $59.57 and $78.48, and currently trades 10.0% below its 52-week high. It pays a dividend yielding 2.87%.

On profitability, Alliant Energy Corporation generates a return on equity (ROE) of 11.31%, return on capital employed of 13.98%, an operating margin of 21.03%, a net profit margin of 18.58%.

In its most recent fiscal year, Alliant Energy Corporation reported annual revenue of $4.4B, net profit of $810.0M, revenue has compounded at 5.0% a year over the last five years, profit at 5.4% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 1.60, a current ratio of 0.69, total assets of $25.8B, $556.0M in cash and equivalents.

LNT has an average daily trading volume of 2,527,666 shares, a beta of 0.55 (less volatile than the overall market).

Official website: www.alliantenergy.com