ALLIANT ENERGY CORP
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 12,116 | 62.3 |
| Stockholders' equity | 7,334 | 37.7 |
| Total capitalization | 19,450 | 100.0 |
258,277,037 shares outstanding at 31 March 2026 (cover page of the 10-Q filed 1 May 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, noncurrent | 10,954 |
| Current maturities | 1,074 |
| Short-term borrowings / commercial paper | 88 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 480,000,000 |
| Common shares issued | 257,137,261 |
| Par or stated value per share ($) | 0.01 |
| Outstanding at 3/31/26 | 258,277,037 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 2.03 | 64.6 |
| 2024 | 1.92 | 71.4 |
| 2023 | 1.81 | 65.1 |
| 2022 | 1.71 | 62.6 |
| 2021 | 1.61 | 61.2 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Wisconsin. Formerly known as INTERSTATE ENERGY CORP (to 13 May 1999); WPL HOLDINGS INC (to 23 February 1998).
BUSINESS: Classified by the SEC under Standard Industrial Classification 4931, Electric & Other Services Combined. Large accelerated filer. Principal executive office: 4902 North Biltmore Lane, Suite 1000, Madison, WI 53718-2148. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Operating revenues | 4,362 | 3,981 | 4,027 |
| Operation and maintenance | 740 | 676 | 675 |
| Depreciation and amortization | 846 | 772 | 676 |
| Taxes other than income taxes | 121 | 122 | 115 |
| Total operating expenses | 3,337 | 3,095 | 3,084 |
| Operating income | 1,025 | 886 | 943 |
| Interest charges | 512 | 449 | 394 |
| Income before income taxes | 661 | 576 | 707 |
| Income taxes | (149) | (114) | 4 |
| Net income | 810 | 690 | 703 |
| Earned per share, diluted ($) | 3.14 | 2.69 | 2.78 |
| Dividends per share ($) | 2.03 | 1.92 | 1.81 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Utility plant, net | 19,689 | 18,123 |
| Cash and equivalents | 556 | 81 |
| Total current assets | 1,697 | 1,184 |
| Regulatory assets | 2,119 | 2,064 |
| Total assets | 24,991 | 22,714 |
| Total current liabilities | 2,123 | 2,715 |
| Long-term debt | 10,954 | 8,677 |
| Regulatory liabilities | 1,113 | 959 |
| Common stockholders' equity | 7,334 | 7,004 |
| Total capitalization and liabilities | 24,991 | 22,714 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 4,362 | 1,025 | 810 | 18.6 | 3.14 | 2.03 | 1,169 | – | – | 24,991 | 17,657d | 12,116 | 7,334 | 11.0 | 1.65 |
| 12/31/24 | 3,981 | 886 | 690 | 17.3 | 2.69 | 1.92 | 1,167 | – | – | 22,714 | 15,710d | 10,406 | 7,004 | 9.9 | 1.49 |
| 12/31/23 | 4,027 | 943 | 703 | 17.5 | 2.78 | 1.81 | 867 | – | – | 21,237 | 14,460d | 9,509 | 6,777 | 10.4 | 1.40 |
| 12/31/22 | 4,205 | 928 | 686 | 16.3 | 2.73 | 1.71 | 486 | 1,484 | (998) | 20,163 | 13,887d | 8,718 | 6,276 | 10.9 | 1.39 |
| 12/31/21 | 3,669 | 795 | 674 | 18.4 | 2.63 | 1.61 | 582 | 1,169 | (587) | 18,553 | 12,563d | 7,883 | 5,990 | 11.3 | 1.32 |
| 12/31/20 | 3,416 | 740 | 624 | 18.3 | 2.47 | 1.52 | 501 | 1,366 | (865) | 17,710 | 11,822d | 7,166 | 5,688 | 11.0 | 1.26 |
| 12/31/19 | 3,648 | 778 | 567 | 15.5 | 2.33 | 1.42 | 660 | 1,640 | (980) | 16,701 | 11,296d | 6,527 | 5,205 | 10.9 | 1.25 |
| 12/31/18 | 3,534 | 694 | 522 | 14.8 | 2.19 | 1.34 | 528 | 1,634 | (1,106) | 15,426 | 10,640d | 5,944 | 4,586 | 11.4 | 1.30 |
| 12/31/17 | 3,382 | 671 | 468 | 13.8 | 1.99 | 1.26 | 522 | 1,467 | (945) | 14,188 | 9,806d | 5,186 | 4,182 | 11.2 | 1.24 |
| 12/31/16 | 3,320 | 554 | 382 | 11.5 | 1.64 | 1.18 | 393 | 1,197 | (804) | 13,374 | 9,312d | 4,564 | 4,062 | 9.4 | 1.12 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
ALLIANT ENERGY CORP
CIK 352541 · EIN 39-1380265
PRINCIPAL OFFICE:
4902 North Biltmore Lane, Suite 1000, Madison, WI 53718-2148
Tel.: 608-458-3311
INCORPORATED:
Wisconsin
INDUSTRY (SEC SIC CODE):
4931 · Electric & Other Services Combined
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 20 February 2026
FORMER NAMES:
ALLIANT ENERGY CORP; INTERSTATE ENERGY CORP; WPL HOLDINGS INC
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/20/26) · 10-K FY2024 (filed 2/21/25) · 10-K FY2023 (filed 2/16/24) · 10-K FY2022 (filed 2/24/23) · 10-K FY2021 (filed 2/18/22) · 10-K FY2020 (filed 2/19/21) · 10-K FY2019 (filed 2/21/20) · 10-K FY2018 (filed 2/22/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.