$71.39
+0.85%Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. As of December 31, 2021, IPL supplied electric and natural gas service to approximately 500,000 and 225,000 retail customers respectively; and WPL supplied electric and natural gas service to approximately 485,000 and 200,000 retail customers, respectively. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, and packaging and food industries. In addition, the company owns and operates a short-line rail freight service in Iowa; a barge, rail, and truck freight terminal on the Mississippi River; and a rail-served warehouse in Iowa, as well as offers freight brokerage services. Further, it holds interests in a 347 megawatt (MW) natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a 225 MW wind farm located in Oklahoma. The company was incorporated in 1981 and is headquartered in Madison, Wisconsin.
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
LNT โข NASDAQ
| Alliant Energy Corporation Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
810M | 690M | 703M | 686M | 674M | 624M | 567.4M | 522.3M | 466.1M | 384M | 390.9M | 395.7M | 382.1M | 340.8M | 320.6M | 308M | 129.4M | 280M | 424.7M | 338.3M | |
846M | 792M | 676M | 671M | 657M | 615M | 567.2M | 517.5M | 483.5M | 406.8M | 413.7M | 442.3M | 411.1M | 387.4M | 380.1M | 344.1M | 317.7M | 286.4M | 310M | 305.4M | |
0.0 | 142M | 98M | 17M | 115M | 105M | 109.4M | 122.9M | 221.3M | 187M | 94.6M | 193.6M | 210.2M | 230.9M | 158.7M | 245.5M | 74.5M | 73.5M | 99.7M | 196.4M | |
-1.7B | 18M | -39M | -18M | 17M | -2M | -45.6M | -54.3M | -32.2M | 31.3M | 99.8M | -27.5M | -38.2M | -25.1M | 7M | 14.5M | 183.1M | 1.5M | -239.7M | -156.4M | |
(0.0) | (0.0) | (0.0) | (6M) | (3M) | (0.0) | (0.0) | (5M) | (11.3M) | (9.8M) | (0.0) | (0.0) | (0.0) | (0.0) | (10.8M) | (116.2M) | (140.7M) | (131M) | (151.7M) | (90.3M) | |
1.2B | -475M | -571M | -870M | -881M | -841M | -538M | -580.7M | -155.3M | -149.5M | -127.8M | -112.5M | -234.2M | -92.9M | -163.7M | 72.8M | -47.6M | -321.9M | -5.9M | -263M | |
1.2B | 1.2B | 867M | 486M | 582M | 501M | 660.4M | 527.7M | 983.4M | 859.6M | 871.2M | 891.6M | 731M | 841.1M | 702.7M | 984.9M | 657.1M | 319.5M | 588.8M | 420.7M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-2.5B | -2.2B | -1.9B | -1.5B | -1.2B | -1.4B | -1.6B | -1.6B | -1.5B | -1.2B | -1B | -902.8M | -798.3M | -1.2B | -673.4M | -866.9M | -1.2B | -879M | -542M | -407.1M | |
(0.0) | (0.0) | (0.0) | (29M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (139.9M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (4.9M) | (12.9M) | (900.8M) | (832.1M) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -3.5M | |
0.0 | 123M | 120M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 51.7M | |
587M | 579M | 333M | 551M | 441M | 415M | 352.8M | 567.1M | -29.4M | 10.3M | -24.8M | -14.9M | 43.6M | 2.6M | 21.3M | 400K | 48.8M | 0.0 | -29.8M | -5.2M | |
-1.9B | -1.5B | -1.4B | -904M | -728M | -951M | -1.3B | -1.1B | -1.5B | -1.2B | -919.2M | -917.7M | -754.7M | -1.2B | -652.1M | -866.5M | -1.1B | -866.1M | (329M) | (468M) | |
FINANCING ACTIVITIES | ||||||||||||||||||||
23M | 23M | 246M | 25M | -172M | 247M | 390.3M | 196.6M | 149.6M | 26.6M | 151.2M | 0.0 | -11M | 0.0 | -40M | 0.0 | 100K | -400K | -262.7M | -55.5M | |
1.7B | 887M | 780M | 832M | 718M | 645M | 589.7M | 670.3M | 716.5M | 570.9M | 86.2M | 316.3M | 261.9M | 548.3M | 54.5M | 49.6M | 526.2M | 320.5M | -40.7M | -511.7M | |
-521M | -492M | -456M | -428M | -403M | -377M | -337.7M | -312.2M | -288.3M | -266.5M | -247.3M | -225.8M | -208.3M | -199.3M | -204.9M | -193.3M | -184.2M | -173M | -143.2M | -134.4M | |
(0.0) | (0.0) | (0.0) | (0.0) | -200M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -211M | (0.0) | -40M | (0.0) | -900K | -1.7M | -296.8M | -105.1M | |
0.0 | -20M | 3M | -27M | -13M | -27M | -23.2M | -24M | -45.2M | -1.7M | 6.8M | -7.1M | -18.9M | -8.9M | -8.1M | 9.3M | -21.9M | -17.9M | 8.4M | -127.2M | |
1.2B | 398M | 573M | 402M | 130M | 488M | 619.1M | 530.7M | 532.6M | 329.3M | -3.1M | 73.2M | 12.3M | 324.2M | -198.5M | -134.4M | 320.2M | 147.9M | -438.2M | -828.8M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
0.0 | 1M | 3M | -3M | 1M | -300K | 3.2M | 1.4M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -3.1M | 200K | -15.7M | |
475M | 19M | 42M | -19M | -15M | 37.7M | -4.6M | -7M | 19.7M | 2.4M | -51.1M | 47.1M | -11.4M | 9.8M | -147.9M | -16M | -171.6M | -401.8M | 479.8M | 44.2M | |
81M | 62M | 20M | 39M | 54M | 16.3M | 20.9M | 27.9M | 8.2M | 5.8M | 56.9M | 9.8M | 21.2M | 11.4M | 159.3M | 175.3M | 346.9M | 748.7M | 268.9M | 224.7M | |
556M | 81M | 62M | 20M | 39M | 54M | 16.3M | 20.9M | 27.9M | 8.2M | 5.8M | 56.9M | 9.8M | 21.2M | 11.4M | 159.3M | 175.3M | 346.9M | 748.7M | 268.9M | |
-1.3B | -1.1B | -987M | -998M | -587M | -865M | -979.7M | -1.1B | -483.5M | -337.2M | -163.1M | -11.2M | -67.3M | -317M | 29.3M | 118M | -545.5M | -559.5M | 46.8M | 13.6M |
LNT - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 21, 2026 | May 20, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 01, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 01, 2026 | April 30, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 31, 2026 | May 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 19, 2026 | March 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 04, 2026 | March 02, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 20, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 20, 2026 | February 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 08, 2026 | January 05, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 16, 2025 | December 10, 2025 | 2025 |
Continue your LNT research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.