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Alliant Energy

DB:AY1
Snowflake Description

Established dividend payer with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AY1
DB
$12B
Market Cap
  1. Home
  2. DE
  3. Utilities
Company description

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the Midwest region of the United States. The last earnings update was 46 days ago. More info.


Add to Portfolio Compare Print
  • Alliant Energy has significant price volatility in the past 3 months.
AY1 Share Price and Events
7 Day Returns
0.5%
DB:AY1
0.7%
Europe Electric Utilities
2.1%
DE Market
1 Year Returns
7.7%
DB:AY1
-0.5%
Europe Electric Utilities
-16.6%
DE Market
AY1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alliant Energy (AY1) 0.5% -9.8% -7.9% 7.7% 18.1% 48.5%
Europe Electric Utilities 0.7% -17.1% -11.1% -0.5% 22.1% -2%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • AY1 outperformed the Electric Utilities industry which returned -0.5% over the past year.
  • AY1 outperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
AY1
Industry
5yr Volatility vs Market

Value

 Is Alliant Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Alliant Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Alliant Energy.

DB:AY1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 4%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:AY1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Electric Utilities Unlevered Beta Simply Wall St/ S&P Global 0.27
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.272 (1 + (1- 21%) (55.83%))
0.592
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.8 * 5.44%)
3.96%

Discounted Cash Flow Calculation for DB:AY1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Alliant Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:AY1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 3.96%)
2020 -49.00 Analyst x1 -47.13
2021 364.00 Analyst x1 336.78
2022 579.80 Est @ 59.28% 516.00
2023 819.73 Est @ 41.38% 701.73
2024 1,056.23 Est @ 28.85% 869.73
2025 1,268.30 Est @ 20.08% 1,004.56
2026 1,445.07 Est @ 13.94% 1,100.95
2027 1,584.37 Est @ 9.64% 1,161.07
2028 1,689.42 Est @ 6.63% 1,190.88
2029 1,765.86 Est @ 4.52% 1,197.32
Present value of next 10 years cash flows $8,031.00
DB:AY1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $1,765.86 × (1 + -0.39%) ÷ (3.96% – -0.39%)
$40,417.63
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $40,417.63 ÷ (1 + 3.96%)10
$27,404.67
DB:AY1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $8,031.00 + $27,404.67
$35,435.67
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $35,435.67 / 245.03
$144.62
DB:AY1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:AY1 represents 0.9241x of NasdaqGS:LNT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.9241x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 144.62 x 0.9241
€133.64
Value per share (EUR) From above. €133.64
Current discount Discount to share price of €44.20
= -1 x (€44.20 - €133.64) / €133.64
66.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Alliant Energy is available for.
Intrinsic value
>50%
Share price is €44.2 vs Future cash flow value of €133.64
Current Discount Checks
For Alliant Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Alliant Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Alliant Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Alliant Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alliant Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:AY1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $2.34
NasdaqGS:LNT Share Price ** NasdaqGS (2020-04-07) in USD $47.83
Europe Electric Utilities Industry PE Ratio Median Figure of 74 Publicly-Listed Electric Utilities Companies 10.45x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Alliant Energy.

DB:AY1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:LNT Share Price ÷ EPS (both in USD)

= 47.83 ÷ 2.34

20.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alliant Energy is overvalued based on earnings compared to the Europe Electric Utilities industry average.
  • Alliant Energy is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Alliant Energy's expected growth come at a high price?
Raw Data
DB:AY1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
6.7%per year
Europe Electric Utilities Industry PEG Ratio Median Figure of 35 Publicly-Listed Electric Utilities Companies 1.6x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

DB:AY1 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 20.47x ÷ 6.7%

3.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alliant Energy is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Alliant Energy's assets?
Raw Data
DB:AY1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $21.24
NasdaqGS:LNT Share Price * NasdaqGS (2020-04-07) in USD $47.83
Europe Electric Utilities Industry PB Ratio Median Figure of 87 Publicly-Listed Electric Utilities Companies 0.78x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:AY1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:LNT Share Price ÷ Book Value per Share (both in USD)

= 47.83 ÷ 21.24

2.25x

* Primary Listing of Alliant Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alliant Energy is overvalued based on assets compared to the Europe Electric Utilities industry average.
X
Value checks
We assess Alliant Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electric Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electric Utilities industry average (and greater than 0)? (1 check)
  5. Alliant Energy has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Alliant Energy expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Alliant Energy expected to grow at an attractive rate?
  • Alliant Energy's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Alliant Energy's earnings growth is positive but not above the Germany market average.
  • Alliant Energy's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:AY1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:AY1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 6.7%
DB:AY1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 3.6%
Europe Electric Utilities Industry Earnings Growth Rate Market Cap Weighted Average 9.6%
Europe Electric Utilities Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:AY1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:AY1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 4,384 1,343 724 1
2022-12-31 3,960 1,261 687 3
2021-12-31 3,932 1,326 643 7
2020-12-31 3,758 1,276 593 8
2020-04-07
DB:AY1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 3,648 660 557
2019-09-30 3,641 595 531
2019-06-30 3,580 530 511
2019-03-31 3,605 553 516
2018-12-31 3,535 528 512
2018-09-30 3,517 513 521
2018-06-30 3,495 669 484
2018-03-31 3,445 559 478
2017-12-31 3,382 522 456
2017-09-30 3,323 657 425
2017-06-30 3,341 477 385
2017-03-31 3,330 750 375

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Alliant Energy's earnings are expected to grow by 6.7% yearly, however this is not considered high growth (20% yearly).
  • Alliant Energy's revenue is expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:AY1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Alliant Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AY1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 2.85 2.85 2.85 1.00
2022-12-31 2.72 2.76 2.69 3.00
2021-12-31 2.59 2.61 2.57 5.00
2020-12-31 2.42 2.48 2.28 7.00
2020-04-07
DB:AY1 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 2.34
2019-09-30 2.24
2019-06-30 2.16
2019-03-31 2.20
2018-12-31 2.19
2018-09-30 2.24
2018-06-30 2.09
2018-03-31 2.07
2017-12-31 1.98
2017-09-30 1.86
2017-06-30 1.69
2017-03-31 1.65

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Alliant Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Alliant Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Alliant Energy has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Alliant Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Alliant Energy's growth in the last year to its industry (Electric Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Alliant Energy's year on year earnings growth rate has been positive over the past 5 years.
  • Alliant Energy's 1-year earnings growth is equal to the 5-year average.
  • Alliant Energy's earnings growth has not exceeded the Europe Electric Utilities industry average in the past year (8.8% vs 9.7%).
Earnings and Revenue History
Alliant Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Alliant Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AY1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 3,647.70 557.20 32.00
2019-09-30 3,641.10 531.00 16.50
2019-06-30 3,579.50 510.50 16.50
2019-03-31 3,605.40 516.30 16.50
2018-12-31 3,534.50 512.10 16.50
2018-09-30 3,517.10 520.60 7.10
2018-06-30 3,495.40 483.90 15.30
2018-03-31 3,444.60 477.80 29.70
2017-12-31 3,382.20 455.90 29.70
2017-09-30 3,323.10 425.10 1.30
2017-06-30 3,340.80 385.10 14.40
2017-03-31 3,330.10 375.20
2016-12-31 3,320.00 373.80 28.50
2016-09-30 3,263.10 346.00 21.30
2016-06-30 3,237.40 397.20
2016-03-31 3,200.00 381.70
2015-12-31 3,253.60 380.70
2015-09-30 3,317.60 405.70
2015-06-30 3,261.80 380.90
2015-03-31 3,294.90 374.10
2014-12-31 3,350.30 385.50
2014-09-30 3,378.80 391.80
2014-06-30 3,402.30 395.50
2014-03-31 3,370.00 399.30
2013-12-31 3,276.80 364.20
2013-09-30 3,195.10 368.80
2013-06-30 3,216.10 358.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Alliant Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Alliant Energy used its assets more efficiently than the Europe Electric Utilities industry average last year based on Return on Assets.
  • Alliant Energy has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Alliant Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electric Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Alliant Energy has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Alliant Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Alliant Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alliant Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Alliant Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Alliant Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Alliant Energy Company Filings, last reported 3 months ago.

DB:AY1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 5,405.10 6,527.60 16.30
2019-09-30 5,169.20 6,541.50 193.70
2019-06-30 4,899.60 6,535.40 170.20
2019-03-31 4,882.40 6,133.40 10.10
2018-12-31 4,785.70 5,944.00 20.90
2018-09-30 4,770.40 5,891.10 239.70
2018-06-30 4,550.70 5,566.10 5.00
2018-03-31 4,431.50 5,343.90 19.10
2017-12-31 4,382.20 5,281.50 27.90
2017-09-30 4,354.20 4,845.60 9.20
2017-06-30 4,250.40 4,728.10 7.30
2017-03-31 4,096.90 4,623.50 8.40
2016-12-31 4,062.00 4,564.30 8.20
2016-09-30 4,059.10 4,369.20 84.70
2016-06-30 3,990.20 4,123.00 6.50
2016-03-31 3,964.60 4,049.50 4.80
2015-12-31 3,924.10 3,995.40 5.80
2015-09-30 3,946.10 3,967.90 139.20
2015-06-30 3,821.70 3,871.80 54.80
2015-03-31 3,798.80 3,831.20 97.60
2014-12-31 3,640.50 3,908.60 56.90
2014-09-30 3,637.30 3,646.10 11.00
2014-06-30 3,539.10 3,646.80 16.20
2014-03-31 3,533.20 3,560.70 14.50
2013-12-31 3,483.20 3,615.70 9.80
2013-09-30 3,468.50 3,390.50 17.70
2013-06-30 3,362.30 3,366.00 11.50
  • Alliant Energy's level of debt (120.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (107.3% vs 120.8% today).
  • Debt is not well covered by operating cash flow (10.1%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Alliant Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Alliant Energy has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Alliant Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.18%
Current annual income from Alliant Energy dividends. Estimated to be 3.36% next year.
If you bought €2,000 of Alliant Energy shares you are expected to receive €64 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Alliant Energy's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.67%).
  • Alliant Energy's dividend is below the markets top 25% of dividend payers in Germany (4.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:AY1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
Europe Electric Utilities Industry Average Dividend Yield Market Cap Weighted Average of 51 Stocks 4.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:AY1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 1.81 1.00
2022-12-31 1.72 3.00
2021-12-31 1.61 5.00
2020-12-31 1.51 6.00
2020-04-07
DB:AY1 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-01-13 1.520 2.834
2019-10-14 1.420 2.670
2019-07-12 1.420 2.741
2019-04-12 1.420 2.950
2019-01-14 1.420 3.128
2018-10-15 1.340 3.066
2018-07-16 1.340 3.118
2018-04-16 1.340 3.232
2018-01-16 1.340 3.394
2017-10-16 1.260 2.904
2017-07-17 1.260 3.004
2017-04-07 1.260 3.120
2017-01-13 1.260 3.269
2016-10-07 1.175 3.177
2016-07-08 1.175 3.016
2016-04-08 1.175 3.151
2016-01-15 1.175 3.420
2015-10-09 1.100 3.635
2015-07-10 1.100 3.749
2015-04-10 1.100 3.652
2015-01-16 1.100 3.415
2014-10-10 1.020 3.229
2014-07-11 1.020 3.558
2014-04-11 1.020 3.503
2014-01-17 1.020 3.801
2013-10-01 0.940 3.648
2013-07-12 0.940 3.677
2013-04-12 0.940 3.703
2013-01-11 0.940 3.937
2012-10-12 0.900 4.061
2012-07-13 0.900 3.986
2012-04-13 0.900 4.036
2011-12-02 0.900 4.195
2011-10-12 0.850 4.140
2011-07-15 0.850 4.357
2011-01-14 0.850 4.319
2010-10-15 0.790 4.295
2010-07-16 0.790 4.444
2010-04-16 0.790 4.780
2010-01-15 0.790 4.854
2009-10-16 0.750 5.186
2009-07-17 0.750 5.600
2009-04-17 0.750 6.145

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Alliant Energy's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.6x coverage).
X
Income/ dividend checks
We assess Alliant Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Alliant Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alliant Energy has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Alliant Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Larsen
COMPENSATION $2,452,950
AGE 55
TENURE AS CEO 0.8 years
CEO Bio

Mr. John O. Larsen has been the President at Alliant Energy Corporation since January 1, 2018 and has been its Chairman and Chief Executive Officer since July 1, 2019 and also serves as its Chief Operating Officer from January 01, 2019. Mr. Larsen Chairman of the Board at Interstate Power and Light Company since July 1, 2019 and its Chief Executive Officer and Director at since January 01, 2019 February 2019 respectively. He served as Senior Vice President of Business Development and Customer Solutions at Alliant Energy Corporation since May 10, 2017 until January 1, 2018 and was Senior Vice President of Interstate Power and Light Company since February 2014. He serves as Chief Executive Officer at Interstate Power and Light Company since January 01, 2019. He serves as Chief Executive Officer at Wisconsin Power and Light Company since January 01, 2019 and has been its Chairman since July 2019. He served as President of Wisconsin Power and Light Company since December 2010 until May 10, 2017. He served as Senior Vice President of Alliant Energy Corporation since February 2014 until May 10, 2017. He served as Senior Vice President of Generation at Interstate Power & Light Company and Alliant Energy Corporation since January 1, 2010 until February 2014. He served as Senior Vice President of Generation at Wisconsin Power and Light Company since January 2010 until December 2010. Mr. Larsen has been a Director of Wisconsin Power and Light Company since February 13, 2019. Mr. Larsen served as President of WPL from 2010 to 2018. He served as Vice President of Generation at Alliant Energy Corporation from 2008 to 2009. He has been a Director of Alliant Energy Corporation since February 13, 2019. He served as Vice President of Technical and Integrated Services at Alliant Energy Corporation from January 2004 to August 2008. He served as Managing Director of Generation Central. Mr. Larsen studied in Finance for Executives from Kellogg School of Management and B.S. in Electrical Engineering from University of North Dakota.

CEO Compensation
  • John's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • John's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Alliant Energy management team in years:

1.3
Average Tenure
55
Average Age
  • The average tenure for the Alliant Energy management team is less than 2 years, this suggests a new team.
Management Team

John Larsen

TITLE
Chairman
COMPENSATION
$2M
AGE
55
TENURE
0.8 yrs

Robert Durian

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
48
TENURE
3.3 yrs

Jim Gallegos

TITLE
Executive VP
COMPENSATION
$2M
AGE
58
TENURE
9.4 yrs

Ben Bilitz

TITLE
Chief Accounting Officer & Controller
AGE
44
TENURE
3.3 yrs

Sue Gille

TITLE
Manager of Investor Relations

Aimee Davis

TITLE
Vice President of Communications & Marketing
AGE
46
TENURE
1.3 yrs

Terry Kouba

TITLE
Senior Vice President
AGE
59
TENURE
1.3 yrs

David de Leon

TITLE
Senior Vice President
AGE
56
TENURE
1.3 yrs

Kevin Burke

TITLE
President of Alliant Energy Transportation
AGE
59
TENURE
8.3 yrs

Barbara Tormaschy

TITLE
VP & Treasurer
AGE
54
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Alliant Energy board of directors in years:

4.8
Average Tenure
55
Average Age
  • The tenure for the Alliant Energy board of directors is about average.
Board of Directors

John Larsen

TITLE
Chairman
COMPENSATION
$2M
AGE
55
TENURE
0.8 yrs

Carol Sanders

TITLE
Independent Director
COMPENSATION
$250K
AGE
51
TENURE
14.4 yrs

Patrick Allen

TITLE
Independent Director
COMPENSATION
$225K
AGE
55
TENURE
8.8 yrs

Susan Whiting

TITLE
Independent Director
COMPENSATION
$240K
AGE
62
TENURE
6.8 yrs

Dean Oestreich

TITLE
Lead Independent Director
COMPENSATION
$275K
AGE
67

Singleton McAllister

TITLE
Independent Director
COMPENSATION
$228K
AGE
66
TENURE
19.3 yrs

Tom O’Toole

TITLE
Independent Director
COMPENSATION
$238K
AGE
61
TENURE
4.8 yrs

Roger Newport

TITLE
Independent Director
COMPENSATION
$118K
AGE
54
TENURE
1.8 yrs

Jill Evanko

TITLE
Independent Director
AGE
41
TENURE
1.2 yrs

Mike Garcia

TITLE
Director
AGE
54
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
05. Sep 19 Buy David de Leon Individual 03. Sep 19 03. Sep 19 941 €48.47 €45,600
30. Aug 19 Sell James Gallegos Individual 29. Aug 19 29. Aug 19 -5,000 €47.27 €-236,365
X
Management checks
We assess Alliant Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Alliant Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the Midwest region of the United States. It operates through three segments: Electric, Gas, and 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, 2018, IPL supplied electricity to 490,000 retail customers and natural gas to 225,000 retail customers; and WPL supplied electricity to 475,000 retail customers and natural gas to 190,000 retail customers. It offers electric utility services to retail customers in the farming, agriculture, industrial manufacturing, chemical, and packaging industries. In addition, the company holds investments in various businesses, which provide freight services through a short-line railway between Cedar Rapids and Iowa City, Iowa; a barge terminal and hauling services on the Mississippi River; and other transfer and storage services. Further, it owns a 347 megawatt (MW) natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a 225 MW wind farm located in Franklin County, Iowa. Alliant Energy Corporation was founded in 1917 and is headquartered in Madison, Wisconsin.

Details
Name: Alliant Energy Corporation
AY1
Exchange: DB
Founded: 1917
$10,837,330,165
245,031,019
Website: http://www.alliantenergy.com
Address: Alliant Energy Corporation
4902 North Biltmore Lane,
Madison,
Wisconsin, 53718,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS LNT Common Stock Nasdaq Global Select US USD 02. Jan 1969
DB AY1 Common Stock Deutsche Boerse AG DE EUR 02. Jan 1969
LSE 0HCT Common Stock London Stock Exchange GB USD 02. Jan 1969
BRSE AY1 Common Stock Berne Stock Exchange CH CHF 02. Jan 1969
BOVESPA A1EN34 BDR EACH 1 REPR 1 COM Bolsa de Valores de Sao Paulo BR BRL 27. Jan 2020
Number of employees
Current staff
Staff numbers
3,597
Alliant Energy employees.
Industry
Electric Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 20:32
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/07
Last earnings filing: 2020/02/21
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.