Alliant Energy Corporation (LNT) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
LNT's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
LNT Revenue Analysis (2013–2024)
As of February 28, 2026, Alliant Energy Corporation (LNT) generated trailing twelve-month (TTM) revenue of $4.28 billion, reflecting strong growth of +11.9% year-over-year. The most recent quarter (Q3 2025) recorded $1.21 billion in revenue, up 25.9% sequentially.
Looking at the longer-term picture, LNT's 5-year compound annual growth rate (CAGR) stands at +1.8%, indicating moderate growth over time. The company achieved its highest annual revenue of $4.21 billion in 2022.
Revenue diversification analysis shows LNT's business is primarily driven by Electric (87%), Gas (12%), and Other Utility (1%). With over half of revenue concentrated in Electric, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including DUK (+5.2% YoY), XEL (+3.4% YoY), and ETR (+9.0% YoY), LNT has underperformed the peer group in terms of revenue growth. Compare LNT vs DUK →
Peer Comparison
Compare LNT's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LNTCurrent | $4.3B | +11.9% | +1.8% | 22.3% | |
| DUK | $32.2B | +5.2% | +6.6% | 26.6% | |
| XEL | $13.4B | +3.4% | +3.1% | 17.8% | |
| ETR | $12.9B | +9.0% | +5.1% | 23.6% | |
| PEG | $12.2B | +18.3% | +4.8% | 24.5% | |
| WEC | $9.8B | +14.0% | +6.2% | 24.2% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $3.98B | -1.1% | $1.78B | 44.7% | $886.0M | 22.3% |
| 2023 | $4.03B | -4.2% | $1.73B | 43.1% | $943.0M | 23.4% |
| 2022 | $4.21B | +14.6% | $1.71B | 40.6% | $928.0M | 22.1% |
| 2021 | $3.67B | +7.4% | $1.56B | 42.4% | $795.0M | 21.7% |
| 2020 | $3.42B | -6.4% | $1.46B | 42.8% | $740.0M | 21.7% |
| 2019 | $3.65B | +3.2% | $1.46B | 39.9% | $778.0M | 21.3% |
| 2018 | $3.53B | +4.5% | $1.31B | 36.9% | $694.4M | 19.6% |
| 2017 | $3.38B | +1.9% | $1.24B | 36.6% | $653.4M | 19.3% |
| 2016 | $3.32B | +2.0% | $1.14B | 34.3% | $554.1M | 16.7% |
| 2015 | $3.25B | -2.9% | $1.09B | 33.5% | $577.0M | 17.7% |
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Start ComparisonFrequently Asked Questions
Is LNT's revenue growth accelerating or slowing?
LNT maintains +11.9% revenue growth, in line with its 5-year CAGR of +1.8%. TTM revenue stands at $4.3B. Growth rate remains consistent with historical average.
What is LNT's long-term revenue growth rate?
Alliant Energy Corporation's 5-year revenue CAGR of +1.8% reflects the sustained expansion pattern. Current YoY growth of +11.9% is near this long-term average.
How is LNT's revenue distributed by segment?
LNT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.