Alliant Energy Corp

Latest Results (11.11.2025):

Alliant Energy Corp reported its full-year financial results for 2024 (culminating in Q4 2024), showcasing a mixed performance. The company's GAAP earnings per share (EPS) declined slightly from $2.78 in 2023 to $2.69 in 2024, driven by higher depreciation, financing costs, and other non-recurring items. In contrast, non-GAAP EPS improved to $3.04 from $2.82, reflecting adjustments that underscore the company’s resilient operational performance. Additionally, Alliant Energy Corp affirmed its ongoing 2025 EPS guidance and advanced significant renewable energy investments, including solar and wind projects, to drive future growth.

Earnings Performance

For 2024, Alliant Energy Corp’s consolidated GAAP EPS of $2.69 was modestly down compared to $2.78 in 2023, owing to factors such as higher depreciation, increased financing expenses, temperature impacts on sales, and non-recurring charges. Meanwhile, non-GAAP EPS increased to $3.04 in 2024 versus $2.82 in 2023 after adjusting for asset valuation charges, restructuring costs, and additional asset retirement obligations.

Capital Investments & Operational Updates

The report highlighted key capital investments including the completion of 1,500 megawatts of solar generation in 2024, which, when combined with the existing 1,800 megawatts of wind capacity, bolsters Alliant Energy Corp's clean and balanced generation portfolio. Rate base increases approved by both the Iowa Utilities Commission and the Public Service Commission of Wisconsin further contributed positively to revenue requirements.

2025 Earnings Guidance

Alliant Energy Corp reaffirmed its ongoing EPS guidance for 2025 in the range of $3.15 to $3.25. This guidance is underpinned by expectations of earning authorized rates of return, stable utility sales amid normal temperature impacts, effective execution of capital expenditure plans, and continued operational cost controls, positioning the company strongly for future growth.