Company
Alliant Energy Corporation
Headquarters: Madison, WI, United States
Founded: 1917
Employees: 3,313
CEO: Mr. John O. Larsen
Market Cap
$13.25 Billion
USD as of Jan. 1, 2024
Alliant Energy Corporation Categories
United States Utilities Utilities—Regulated ElectricUnited States Utilities United States Utilities—Regulated Electric
Top Competitors by Market Capitalization
Industry: Utilities—Regulated Electric
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $127.19 B |
| The Southern Company | $78.21 B |
| Duke Energy Corporation | $76.13 B |
| PG&E Corporation | $45.71 B |
| American Electric Power Company, Inc. | $43.85 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $127.19 B |
| China Yangtze Power Co. Ltd | $82.16 B |
| Iberdrola, SA | $81.95 B |
| The Southern Company | $78.21 B |
| Duke Energy Corporation | $76.13 B |
Detailed 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.
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Stocks & Indices
Alliant Energy Corporation has the following listings and related stock indices.
Stock: NASDAQ: LNT wb_incandescent
Stock: Bovespa: A1EN34 wb_incandescent
Stock: FSX: AY1 wb_incandescent
Product & Services
electricity, natural gas
Financials
Revenue: US$3.669 Billion (Fiscal Year Ended December 31, 2021)
Operating income: US$0.795 Billion (Fiscal Year Ended December 31, 2021)
Net income: US$0.674 Billion (Fiscal Year Ended December 31, 2021)
Total assets: US$18.553 Billion (Fiscal Year Ended December 31, 2021)
Total equity: US$5.990 Billion (Fiscal Year Ended December 31, 2021)