Alliant Energy (LNT)
NASDAQUtilitiesRegulated ElectricSnapshot 2026-11-05
NASDAQUtilitiesRegulated ElectricSnapshot 2026-11-05
QuarterlyIQ Insights · LNT
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within utilities on a research-validated quality screen. As of 2026-11-05.
The screen ranks LNT against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Utilities names rated strong grew net income 68% of the time over the next year (vs 62% for the rest of the cohort, n=1127).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Alliant Energy’s utilities Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL) have 3.4 gigawatts of contracted demand from data centers.
Stated in 4 of 4 supplied quarters. Management reported: “Alliant Energy’s utilities Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL) have 3.4 gigawatts of contracted demand from data centers.” “Alliant Energy expects peak demand to increase by approximately 60% by 2031, an industry-leading growth rate.”
“Alliant Energy’s utilities Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL) have 3.4 gigawatts of contracted demand from data centers.”
““With three data centers making significant construction progress, and meaningful progress on energy resource investments, we are positioning to accelerate earnings growth and enable significant econ…”
““Our results reflect disciplined execution and continued momentum in data center growth, including the signing of a new electric service agreement in Iowa for approximately 370 megawatts of contracte…”
““We have renegotiated an electric service agreement with QTS based on a new project location and our investment plan reinforces our flexibility and balanced generation portfolio as we continue to exe…”
The energy resources needed to serve this expected load while maintaining safe and reliable service for all customers have increased the Company’s forecasted capital expenditures for 2027 through 203…
Stated in 4 of 4 supplied quarters. Management reported: “The energy resources needed to serve this expected load while maintaining safe and reliable service for all customers have increased the Company’s forecasted capital expenditures for 2027 through 2030 to $15.9 billion.” “2026 2027 2028 2029 Generation: Renewables and energy storage projects $1,055 $1,035 $1,465 $1,495 Gas projects 970 1,515 1,135 460 Other 175 125 120 105 Distribution: Electric systems 545 540 565 605 Gas systems 145 135 105 105 Other 240 230 235 295 Total Capital Expenditures $3,130 $3,580 $3,625 $3,065 Earnings Conference Call A conference call to review the 2025 results is scheduled for Friday, February 20, 2026 at 9 a.m.”
The Company announced 2027 earnings guidance of $3.63 to $3.73 per share.
Stated in 4 of 4 supplied quarters. Management reported: “The Company announced 2027 earnings guidance of $3.63 to $3.73 per share.” “Alliant Energy reaffirmed its consolidated ongoing EPS guidance for 2026 of $3.36 - $3.46, and indicated earnings are currently trending in the upper half of the range.”
“The Company announced 2027 earnings guidance of $3.63 to $3.73 per share.”
Assumptions for Alliant Energy’s 2027 EPS guidance include, but are not limited to: • Ability of IPL and WPL to earn their authorized rates of return • Execution of capital expenditure plans, includi…
Stated in 3 of 4 supplied quarters. Management reported: “Projected Capital Expenditures Alliant Energy has updated its projected capital expenditures for 2026 through 2030 (in millions).” “1 2026 Earnings Guidance Alliant Energy is reaffirming its consolidated ongoing EPS guidance for 2026 of $3.36 - $3.46 per diluted share.”
Serve increased customer demand while maintaining reliable service and customer protections, including rate stability for Iowa retail electric customers.
Over the trailing year it converted 1.63x of net income into operating cash flow. Historically, Utilities names rated neutral grew net income 66% of the time over the next year (vs 63% for the rest of the cohort, n=1228).
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, the broad stock market, Fed net liquidity (low R² over the window).
19 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Utilities names rated neutral grew net income 63% of the time over the next year (vs 65% for the rest of the cohort, n=1366).
Not investment advice. As of 2026-11-05.
“The energy resources needed to serve this expected load while maintaining safe and reliable service for all customers have increased the Company’s forecasted capital expenditures for 2027 through 203…”
“Assumptions for Alliant Energy’s 2026 EPS guidance include, but are not limited to: • Ability of IPL and WPL to earn their authorized rates of return • Normal temperatures in its utility service terr…”
“Assumptions for Alliant Energy’s 2026 EPS guidance include, but are not limited to: • Ability of IPL and WPL to earn their authorized rates of return • Normal temperatures in its utility service terr…”
“2026 2027 2028 2029 Generation: Renewables and energy storage projects $1,055 $1,035 $1,465 $1,495 Gas projects 970 1,515 1,135 460 Other 175 125 120 105 Distribution: Electric systems 545 540 565 60…”
“Alliant Energy reaffirmed its consolidated ongoing EPS guidance for 2026 of $3.36 - $3.46, and indicated earnings are currently trending in the upper half of the range.”
“Alliant Energy reaffirmed its consolidated ongoing EPS guidance for 2026 of $3.36 - $3.46, continuing its over a decade strong track record of compound annual earnings growth of more than 6%.”
“Alliant Energy affirmed its consolidated ongoing EPS guidance for 2026 of $3.36 - $3.46, continuing its over a decade strong track record of compound annual earnings growth of more than 6%.”
“Assumptions for Alliant Energy’s 2027 EPS guidance include, but are not limited to: • Ability of IPL and WPL to earn their authorized rates of return • Execution of capital expenditure plans, includi…”
“Assumptions for Alliant Energy’s 2026 EPS guidance include, but are not limited to: • Ability of IPL and WPL to earn their authorized rates of return • Normal temperatures in its utility service terr…”
“Assumptions for Alliant Energy’s 2026 EPS guidance include, but are not limited to: • Ability of IPL and WPL to earn their authorized rates of return • Normal temperatures in its utility service terr…”