0.08%
0.63%
1.97%
3.10%
20.66%
-1.64%
-1.08%

Company Description

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.

Market Data

Last Price 58.88
Change Percentage 0.08%
Open 58.91
Previous Close 58.83
Market Cap ( Millions) 15109
Volume 1617235
Year High 64.19
Year Low 46.8
M A 50 60.06
M A 200 56.51

Financial Ratios

FCF Yield 3.95%
Dividend Yield 3.31%
ROE 9.67%
Debt / Equity 153.26%
Net Debt / EBIDTA 568.82%
Price To Book 2.17
Price Earnings Ratio 22.86
Price To FCF 25.31
Price To sales 3.81
EV / EBITDA 14.41

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Utility Electric

Expected Growth : 1.0 %

What the company do ?

Utility Electric from Alliant Energy Corporation provides reliable and sustainable energy solutions to customers in Wisconsin and Iowa, focusing on safety, efficiency, and community development.

Why we expect these perspectives ?

Alliant Energy's 1.0% growth in Utility Electric segment is driven by increasing demand for electricity in Wisconsin, fueled by population growth and economic expansion. Additionally, investments in grid modernization and renewable energy sources, such as wind and solar, contribute to the growth. Rate base growth and constructive regulatory environment also support the segment's expansion.

Segment nΒ°2 -> Utility Gas

Expected Growth : 0.9 %

What the company do ?

Utility Gas from Alliant Energy Corporation provides natural gas services to residential, commercial, and industrial customers in Wisconsin and Iowa.

Why we expect these perspectives ?

Alliant Energy Corporation's Utility Gas segment growth of 0.9% is driven by increasing demand for natural gas, fueled by customer additions and weather normalization. Additionally, rate base growth from infrastructure investments and cost recovery mechanisms contribute to the segment's modest growth.

Segment nΒ°3 -> ATC Holdings, Non-utility, Parent and Other

Expected Growth : 0.8 %

What the company do ?

ATC Holdings: Transmission infrastructure, Non-utility: Renewable energy, Parent: Holding company, Other: Investments and subsidiaries of Alliant Energy Corporation.

Why we expect these perspectives ?

ATC Holdings driven by regulated transmission investment and rate base growth. Non-utility segment growth fueled by investments in renewable energy and energy storage. Parent company benefits from diversified business mix and cost management initiatives. Other segment growth driven by investments in unregulated energy businesses and strategic acquisitions, all contributing to 0.8% growth.

Segment nΒ°4 -> Utility Other

Expected Growth : 1.1 %

What the company do ?

Utility Other from Alliant Energy Corporation refers to miscellaneous services and fees not classified under electric, gas, or other categories, such as late payment charges and meter tampering fees.

Why we expect these perspectives ?

Alliant Energy Corporation's Utility Other segment growth of 1.1% is driven by increasing demand for renewable energy, favorable regulatory policies, and investments in grid modernization. Additionally, the company's focus on energy efficiency programs and customer growth also contribute to this growth.

Alliant Energy Corporation Products

Product Range What is it ?
Electricity Alliant Energy Corporation generates and distributes electricity to residential, commercial, and industrial customers in Iowa and Wisconsin.
Natural Gas The company provides natural gas distribution services to customers in Iowa and Wisconsin, offering a safe and reliable supply of natural gas for heating, cooking, and other uses.
Renewable Energy Alliant Energy Corporation invests in renewable energy sources, such as wind and solar power, to reduce carbon emissions and promote sustainability.
Energy Efficiency Services The company offers energy efficiency programs and services to help customers reduce energy consumption and lower their energy bills.
Transmission and Distribution Services Alliant Energy Corporation provides transmission and distribution services to ensure reliable and efficient delivery of electricity and natural gas to customers.

Alliant Energy Corporation's Porter Forces

The threat of substitutes for Alliant Energy Corporation is medium due to the availability of alternative energy sources such as solar and wind power. However, the high cost of switching to these alternatives and the lack of infrastructure in some areas reduce the threat.

The bargaining power of customers for Alliant Energy Corporation is low due to the lack of alternative energy providers in some areas and the high cost of switching to alternative energy sources.

The bargaining power of suppliers for Alliant Energy Corporation is medium due to the availability of multiple suppliers of fuel and equipment. However, the high cost of switching to alternative suppliers and the complexity of the supply chain reduce the bargaining power of suppliers.

The threat of new entrants for Alliant Energy Corporation is low due to the high barriers to entry in the energy industry, including the need for significant capital investment and regulatory approvals.

The intensity of rivalry for Alliant Energy Corporation is high due to the presence of multiple competitors in the energy industry, including other utility companies and alternative energy providers.

Capital Structure

Value
Debt Weight 58.39%
Debt Cost 4.08%
Equity Weight 41.61%
Equity Cost 6.63%
WACC 5.14%
Leverage 140.34%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
AEE Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois …
CMS CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in …
CNP CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas segments. The Electric segment includes electric transmission and …
PNW Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, …
PPL PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
58.88$
Current Price
58.88$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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