ALLIANT ENERGY CORP
Business
Alliant Energy Corp is a regulated investor-owned utility holding company serving approximately 1,010,000 electric and 435,000 natural gas customers in the Midwest through subsidiaries IPL (Iowa) and WPL (Wisconsin). It provides generation, distribution and transportation of electricity and natural gas to retail customers, plus wholesale electric sales, with ancillary non-utility operations including transmission-company investments, venture funds, a wind farm, a gas-fired power plant lease, and supply-chain services. The company operates in Iowa and Wisconsin through rate-regulated utility operations subject to FERC, IUC and PSCW oversight.
Summary from 10-K filed 2026-02-20
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Electric utility | 3,697 | 3,372 | 3,345 | 3,421 | 3,081 | |
| Gas utility | 525 | 465 | 540 | 642 | 456 | |
| Other utility | 51 | 54 | 52 | 49 | 49 | |
| Non-utility | 89 | 90 | 90 | 93 | 83 | |
| Total revenues | 4,362 | 3,981 | 4,027 | 4,205 | 3,669 | |
| Electric production fuel and purchased power | 742 | 628 | 736 | 830 | 642 | |
| Electric transmission service | 625 | 613 | 583 | 573 | 537 | |
| Cost of gas sold | 263 | 224 | 299 | 389 | 258 | |
| Asset valuation charge for IPL's Lansing Generating Station | 0 | 60 | 0 | 0 | — | |
| Other operation and maintenance | 740 | 676 | 675 | 704 | 676 | |
| Depreciation and amortization | 846 | 772 | 676 | 671 | 657 | |
| Taxes other than income taxes | 121 | 122 | 115 | 110 | 104 | |
| Total operating expenses | 3,337 | 3,095 | 3,084 | 3,277 | 2,874 | |
| Operating income (loss) | 1,025 | 886 | 943 | 928 | 795 | |
| Interest expense | 512 | 449 | 394 | 325 | — | |
| Equity income from unconsolidated investments, net | −60 | −61 | −61 | −51 | −62 | |
| Allowance for funds used during construction | −89 | −75 | −100 | −60 | −25 | |
| Other | 1 | −3 | 3 | 6 | 5 | |
| Total other (income) and deductions | 364 | 310 | 236 | 220 | 195 | |
| Income before income taxes | 661 | 576 | 707 | 708 | 600 | |
| Income tax expense (benefit) | −149 | −114 | 4 | 22 | −74 | |
| Net income attributable to common shareowners | 810 | 690 | 703 | 686 | 659 | |
| Basic (in shares) | 257 | 257 | 253 | 251 | 250 | |
| Diluted (in shares) | 258 | 257 | 253 | 251 | 251 | |
| Basic (in dollars per share) | 3.15 | 2.69 | 2.78 | 2.73 | 2.63 | |
| Diluted (in dollars per share) | 3.14 | 2.69 | 2.78 | 2.73 | 2.63 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 556 | 81 | 62 | 20 | 39 | |
| Accounts receivable, less allowance for expected credit losses | 476 | 427 | 475 | 516 | 440 | |
| Production fuel, at weighted average cost | 46 | 54 | 62 | 53 | 51 | |
| Gas stored underground, at weighted average cost | 49 | 55 | 79 | 132 | 82 | |
| Materials and supplies, at weighted average cost | 193 | 186 | 202 | 140 | 113 | |
| Regulatory assets | 155 | 210 | 232 | 166 | 104 | |
| Other | 222 | 171 | 160 | 223 | 240 | |
| Total current assets | 1,697 | 1,184 | 1,272 | 1,250 | 1,069 | |
| Property, plant and equipment, net | 20,344 | 18,701 | 17,157 | 16,247 | 14,987 | |
| ATC Holdings | 463 | 415 | 386 | 358 | 338 | |
| Other | 231 | 224 | 216 | 201 | 179 | |
| Total investments | 694 | 639 | 602 | 559 | 517 | |
| Regulatory assets | 2,119 | 2,064 | 2,029 | 1,880 | 1,836 | |
| Deferred charges and other | 137 | 126 | 177 | 227 | 144 | |
| Total other assets | 2,256 | 2,190 | 2,206 | 2,107 | 1,980 | |
| Total assets | 24,991 | 22,714 | 21,237 | 20,163 | 18,553 | |
| Current maturities of long-term debt | 1,074 | 1,171 | 809 | 408 | 633 | |
| Commercial paper | 88 | 558 | 475 | 642 | 515 | |
| Accounts payable | 498 | 532 | 611 | 756 | 436 | |
| Accrued interest | 124 | 112 | — | — | — | |
| Regulatory liabilities | 88 | 69 | 107 | 206 | 186 | |
| Other | 251 | 273 | 302 | 351 | 284 | |
| Total current liabilities | 2,123 | 2,715 | 2,304 | 2,363 | 2,054 | |
| Long-term debt, net (excluding current portion) | 10,954 | 8,677 | 8,225 | 7,668 | 6,735 | |
| Deferred tax liabilities | 2,310 | 2,188 | 2,042 | 1,943 | 1,927 | |
| Regulatory liabilities | 1,113 | 959 | 1,023 | 1,118 | 1,085 | |
| Pension and other benefit obligations | 173 | 224 | 249 | 277 | 374 | |
| Other | 984 | 947 | 617 | 518 | 388 | |
| Total other liabilities | 4,580 | 4,318 | 3,931 | 3,856 | 3,774 | |
| Commitments and contingencies (Note 16) | — | — | — | — | — | |
| Common Stock, Shares, Issued | 257 | 257 | — | — | — | |
| Common stock | 3 | 3 | 3 | 3 | 3 | |
| Additional paid-in capital | 3,101 | 3,060 | 3,030 | 2,777 | 2,749 | |
| Retained earnings | 4,243 | 3,954 | 3,756 | 3,509 | 3,250 | |
| Accumulated other comprehensive income | 1 | 1 | 1 | 0 | 0 | |
| Shares in deferred compensation trust - 367,338 and 372,116 shares at a weighted average cost of $39.05 and $36.56 per share | −14 | −14 | −13 | −13 | −12 | |
| Total common equity | 7,334 | 7,004 | 6,777 | 6,276 | 5,990 | |
| Total liabilities and equity | 24,991 | 22,714 | 21,237 | 20,163 | 18,553 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net income | 810 | 690 | 703 | 686 | — | |
| Deferred tax expense (benefit) and tax credits | −158 | −117 | 14 | 13 | −78 | |
| Other | 27 | −22 | −39 | −17 | 35 | |
| Accounts receivable | −652 | −547 | −414 | −672 | −530 | |
| Derivative assets | 6 | 13 | 149 | −61 | −142 | |
| Accounts payable | 14 | 96 | −122 | 78 | 37 | |
| Regulatory liabilities | 140 | −103 | −149 | 22 | −66 | |
| Deferred income taxes | 252 | 259 | 84 | 4 | 193 | |
| Other | −116 | 66 | −35 | −33 | −64 | |
| Net cash flows from operating activities | 1,169 | 1,167 | 867 | 486 | 582 | |
| Utility construction and acquisition expenditures | −2,277 | −2,052 | −1,731 | −1,392 | −1,070 | |
| Other construction and acquisition expenditures | −206 | −197 | −123 | −92 | −99 | |
| Cash receipts on sold receivables | 628 | 593 | 453 | 598 | 502 | |
| Proceeds from sales of partial ownership interests in West Riverside | 0 | 123 | 120 | 0 | 0 | |
| Other | −41 | −14 | −120 | −47 | −61 | |
| Net cash flows from (used for) investing activities | −1,896 | −1,547 | −1,401 | −933 | −728 | |
| Common stock dividends | −521 | −492 | −456 | −428 | −403 | |
| Proceeds from issuance of common stock, net | 23 | 23 | 246 | 25 | 28 | |
| Proceeds from issuance of long-term debt | 2,470 | 1,613 | 1,455 | 1,338 | 600 | |
| Payments to retire long-term debt | −300 | −809 | −508 | −633 | −8 | |
| Net change in commercial paper | −470 | 83 | −167 | 127 | 126 | |
| Other | 0 | −20 | 3 | 2 | −13 | |
| Net cash flows from (used for) financing activities | 1,202 | 398 | 573 | 431 | 130 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 475 | 18 | 39 | −16 | −16 | |
| Interest | −500 | −434 | −378 | −311 | −272 | |
| Income taxes, net | 266 | 197 | 88 | −6 | −3 | |
| Accrued capital expenditures | 178 | 224 | 364 | 382 | 141 | |
| Beneficial interest obtained in exchange for securitized accounts receivable | 126 | 163 | 216 | 185 | 214 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is ALLIANT ENERGY CORP's CIK number?
ALLIANT ENERGY CORP's SEC CIK number is 0000352541 (352541). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find ALLIANT ENERGY CORP's SEC filings?
All of ALLIANT ENERGY CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did ALLIANT ENERGY CORP last report earnings?
ALLIANT ENERGY CORP (LNT) most recently filed an earnings 8-K with the SEC on May 1, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000352541-26-000030). This is ALLIANT ENERGY CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is ALLIANT ENERGY CORP's most recent earnings 8-K?
ALLIANT ENERGY CORP's latest earnings 8-K (Item 2.02) was filed May 1, 2026 under accession 0000352541-26-000030. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View ALLIANT ENERGY CORP's latest earnings 8-K →
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