financial statements

The full income statement, balance sheet, and cash-flow statement for Alliant Energy Corporation (LNT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	4.36B YoY+9.6%	3.98B YoY-1.1%	4.03B YoY-4.2%	4.21B YoY+14.6%	3.67B YoY+7.4%
Cost of revenue	625M YoY+2.0%	613M YoY+5.1%	583M YoY+1.7%	573M YoY+6.7%	537M YoY+19.6%
Operating income	1.02B YoY+15.7%	886M YoY-6.0%	943M YoY+1.6%	928M YoY+16.7%	795M YoY+7.4%
Interest expense	512M YoY+14.0%	449M YoY+14.0%	394M YoY+21.2%	325M YoY+17.3%	277M YoY+0.7%
Other non-operating income	-1.00M YoY-133.3%	3.00M YoY+200.0%	-3.00M YoY+50.0%	-6.00M YoY-20.0%	-5.00M YoY+64.3%
Equity-method income	60.0M YoY-1.6%	61.0M YoY+0.0%	61.0M YoY+19.6%	51.0M YoY-17.7%	62.0M YoY+1.6%
Pre-tax income	661M YoY+14.8%	576M YoY-18.5%	707M YoY-0.1%	708M YoY+18.0%	600M YoY+5.8%
Income tax	-149M YoY-30.7%	-114M YoY-2950.0%	4.00M YoY-81.8%	22.0M YoY+129.7%	-74.0M YoY-29.8%
	810M YoY+17.4%	690M YoY-1.8%	703M YoY+2.5%	686M YoY+1.8%	674M YoY+8.0%
Preferred dividends	—	—	0.00	0.00 YoY-100.0%	15.0M YoY+50.0%
Net income to common	810M YoY+17.4%	690M YoY-1.8%	703M YoY+2.5%	686M YoY+4.1%	659M YoY+7.3%
	$3.14 YoY+16.7%	$2.69 YoY-3.2%	$2.78 YoY+1.8%	$2.73 YoY+3.8%	$2.63 YoY+6.5%
EPS (basic)	$3.15 YoY+17.1%	$2.69 YoY-3.2%	$2.78 YoY+1.8%	$2.73 YoY+3.8%	$2.63 YoY+6.5%
Weighted-avg shares (basic)	257M YoY+0.2%	257M YoY+1.4%	253M YoY+0.8%	251M YoY+0.3%	250M YoY+0.7%
Weighted-avg shares (diluted)	258M YoY+0.4%	257M YoY+1.4%	253M YoY+0.8%	251M YoY+0.2%	251M YoY+0.8%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.70B YoY+43.3%	1.18B YoY-6.9%	1.27B YoY+1.8%	1.25B YoY+16.9%	1.07B YoY+20.5%
Cash & equivalents	556M YoY+586.4%	81.0M YoY+30.6%	62.0M YoY+210.0%	20.0M YoY-48.7%	39.0M YoY-27.8%
Short-term investments	250M	0.00	—	—	—
Accounts receivable	476M YoY+11.5%	427M YoY-10.1%	475M YoY-7.9%	516M YoY+17.3%	440M YoY+6.8%
Other current assets	222M YoY+29.8%	171M YoY+6.9%	160M YoY-28.3%	223M YoY-7.1%	240M YoY+95.1%
	25.0B YoY+10.0%	22.7B YoY+7.0%	21.2B YoY+5.3%	20.2B YoY+8.7%	18.6B YoY+4.8%
Property, plant & equipment	20.3B YoY+8.8%	18.7B YoY+9.0%	17.2B YoY+5.6%	16.2B YoY+8.4%	15.0B YoY+4.5%
Operating lease right-of-use	21.0M YoY-4.5%	22.0M YoY-4.3%	23.0M YoY+43.8%	16.0M YoY+14.3%	14.0M YoY-6.7%
Long-term investments	694M YoY+8.6%	639M YoY+6.1%	602M YoY+7.7%	559M YoY+8.1%	517M YoY+6.6%
Other non-current assets	2.26B YoY+3.0%	2.19B YoY-0.7%	2.21B YoY+4.7%	2.11B YoY+6.4%	1.98B YoY-1.1%
Total non-current assets	1.83B YoY+0.0%	1.83B YoY+0.0%	1.83B YoY+0.0%	1.83B YoY+0.0%	1.83B YoY+0.0%
	2.12B YoY-21.8%	2.71B YoY+17.8%	2.30B YoY-2.5%	2.36B YoY+15.0%	2.05B YoY+58.4%
Accounts payable	498M YoY-6.4%	532M YoY-12.9%	611M YoY-19.2%	756M YoY+73.4%	436M YoY+15.6%
Short-term & current debt	1.07B YoY-8.3%	1.17B YoY+44.7%	809M YoY+98.3%	408M YoY-35.5%	633M YoY+7812.5%
Current lease liability	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M YoY-33.3%	3.00M YoY+50.0%	2.00M YoY+0.0%
Other current liabilities	251M YoY-8.1%	273M YoY-9.6%	302M YoY-14.0%	351M YoY+23.6%	284M YoY+37.2%
Long-term debt	11.0B YoY+26.2%	8.68B YoY+5.5%	8.22B YoY+7.3%	7.67B YoY+13.9%	6.74B YoY-0.5%
Non-current lease liability	19.0M YoY-5.0%	20.0M YoY-4.8%	21.0M YoY+61.5%	13.0M YoY+8.3%	12.0M YoY-7.7%
Deferred tax liabilities	2.31B YoY+5.6%	2.19B YoY+7.1%	2.04B YoY+5.1%	1.94B YoY+0.8%	1.93B YoY+6.2%
Other non-current liabilities	984M YoY+3.9%	947M YoY+53.5%	617M YoY+19.1%	518M YoY+33.5%	388M YoY+3.7%
	7.33B YoY+4.7%	7.00B YoY+3.3%	6.78B YoY+8.0%	6.28B YoY+4.8%	5.99B YoY+5.3%
Preferred stock	200M YoY+0.0%	200M YoY+0.0%	200M YoY+0.0%	200M YoY+0.0%	200M YoY+0.0%
Common stock	3.00M YoY+0.0%	3.00M YoY+0.0%	3.00M YoY+0.0%	3.00M YoY+0.0%	3.00M YoY+50.0%
Additional paid-in capital	3.10B YoY+1.3%	3.06B YoY+1.0%	3.03B YoY+9.1%	2.78B YoY+1.0%	2.75B YoY+1.7%
Retained earnings	4.24B YoY+7.3%	3.95B YoY+5.3%	3.76B YoY+7.0%	3.51B YoY+8.0%	3.25B YoY+8.6%
Accumulated other comprehensive income	1.00M YoY+0.0%	1.00M YoY+0.0%	1.00M	0.00	0.00 YoY+100.0%
Non-controlling interest	29.0M YoY+0.0%	29.0M YoY+0.0%	29.0M YoY+0.0%	29.0M	0.00 YoY-100.0%
Total equity incl. non-controlling	7.33B YoY+4.7%	7.00B YoY+3.3%	6.78B YoY+8.0%	6.28B YoY+4.8%	5.99B YoY+1.7%
Total liabilities & equity	25.0B YoY+10.0%	22.7B YoY+7.0%	21.2B YoY+5.3%	20.2B YoY+8.7%	18.6B YoY+4.8%
Common shares issued	257M YoY+0.2%	257M	—	—	—
Common shares outstanding	257M YoY+0.2%	257M YoY+0.2%	256M YoY+2.0%	251M YoY+0.3%	250M YoY+0.2%
Shares outstanding (cover)	257M YoY+0.2%	257M YoY+0.6%	255M YoY+1.7%	251M YoY+0.3%	250M YoY+0.2%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.17B YoY+0.2%	1.17B YoY+34.6%	867M YoY+78.4%	486M YoY-16.5%	582M YoY+16.2%
Depreciation & amortization	846M YoY+9.6%	772M YoY+14.2%	676M YoY+0.7%	671M YoY+2.1%	657M YoY+6.8%
Change in receivables	652M YoY+19.2%	547M YoY+32.1%	414M YoY-38.4%	672M YoY+26.8%	530M YoY+13.2%
Change in payables	14.0M YoY-85.4%	96.0M YoY+178.7%	-122M YoY-256.4%	78.0M YoY+110.8%	37.0M YoY+1333.3%
	-1.90B YoY-22.6%	-1.55B YoY-10.4%	-1.40B YoY-50.2%	-933M YoY-28.2%	-728M YoY+23.4%
Capital expenditure	—	—	—	1.48B YoY+26.9%	1.17B YoY-14.4%
Other investing activities	41.0M YoY+192.9%	14.0M YoY-88.3%	120M YoY+155.3%	47.0M YoY-23.0%	61.0M YoY+41.9%
	1.20B YoY+202.0%	398M YoY-30.5%	573M YoY+32.9%	431M YoY+231.5%	130M YoY-73.4%
Long-term debt issued	2.47B YoY+53.1%	1.61B YoY+10.9%	1.46B YoY+8.7%	1.34B YoY+123.0%	600M YoY-52.0%
Long-term debt repaid	300M YoY-62.9%	809M YoY+59.3%	508M YoY-19.7%	633M YoY+7812.5%	8.00M YoY-98.8%
Net short-term debt	-470M YoY-666.3%	83.0M YoY+149.7%	-167M YoY-231.5%	127M YoY+0.8%	126M YoY+142.3%
Common stock issued	23.0M YoY+0.0%	23.0M YoY-90.7%	246M YoY+884.0%	25.0M YoY-10.7%	28.0M YoY-88.7%
Dividends paid	521M YoY+5.9%	492M YoY+7.9%	456M YoY+6.5%	428M YoY+6.2%	403M YoY+6.9%
Other financing activities	0.00 YoY+100.0%	-20.0M YoY-766.7%	3.00M YoY+50.0%	2.00M YoY+115.4%	-13.0M YoY+51.9%
Net change in cash	475M YoY+2538.9%	18.0M YoY-53.8%	39.0M YoY+343.8%	-16.0M YoY+0.0%	-16.0M YoY-142.1%
Interest paid	500M YoY+15.2%	434M YoY+14.8%	378M YoY+21.5%	311M YoY+14.3%	272M YoY-0.7%
Income taxes paid	-266M YoY-35.0%	-197M YoY-123.9%	-88.0M YoY-1566.7%	6.00M YoY+100.0%	3.00M YoY+160.0%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	16.7B YoY+10.1%	15.2B YoY+15.9%	13.1B YoY-5.5%	13.9B YoY-9.9%	15.4B YoY+19.6%
P/E	20.6× YoY-6.2%	22.0×	—	20.6× YoY-9.8%	22.8× YoY+10.7%
P/S	3.8× YoY+0.5%	3.8× YoY+20.1%	3.2× YoY-6.7%	3.4× YoY-18.9%	4.2× YoY+11.3%
P/B	2.3× YoY+5.2%	2.2× YoY+11.3%	1.9× YoY-12.0%	2.2× YoY-13.9%	2.6× YoY+13.5%
Earnings yield	4.8% YoY+6.6%	4.5%	—	4.9% YoY+10.9%	4.4% YoY-9.7%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: LNT's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LNT filings on SEC EDGAR → Not investment advice.

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About this data

financial statements