FirstEnergy Corp. (FE) vs Alliant Energy Corporation (LNT)

FE leads on 9 of 16 compared metrics, though LNT is the cheaper stock.

A side-by-side comparison of FirstEnergy Corp. and Alliant Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — FE vs LNT

growth of $100 · last 30y
FE +124.0%LNT +385.5%LNT compounded faster
100200300400500Start $100200120062011201620212026$224$485
FE LNT

FE vs LNT: by the numbers

  • FE is the larger company ($27.20B vs $18.88B market cap).
  • LNT trades at the lower earnings multiple (22.92 vs 25.63 P/E).
  • LNT converts more revenue to profit (18.58% vs 6.86% net margin).
  • FE grew revenue faster over the past five years (7.52% vs 5.38% CAGR).
  • FE pays the higher dividend yield (3.83% vs 2.85%).

Which is better, FE or LNT?

Metric tally: FE 9 · LNT 7

It depends on what you're optimizing for:

ValueLNT(lower P/E)
GrowthFE(faster 5Y revenue CAGR)
IncomeFE(higher dividend yield)
QualityFE(higher ROIC)

Valuation

MetricFELNT
P/E ratio25.6322.92
Forward P/E15.9719.85
P/S ratio1.764.28
P/B ratio2.162.55
PEG ratio6.151.21
EV / EBITDA12.3214.94
FCF yield6.58%

Profitability

MetricFELNT
Gross margin53.77%37.97%
Operating margin18.72%23.01%
Net margin6.86%18.58%
ROE8.42%11.06%
ROIC4.46%4.12%

Dividends

MetricFELNT
Dividend yield3.83%2.85%
Payout ratio101.69%66.19%

Growth (annualized)

MetricFELNT
Revenue CAGR (5Y)7.52%5.38%
EPS CAGR (5Y)-2.32%4.98%
FCF CAGR (5Y)7.07%15.57%
Total return CAGR (5Y)8.26%7.95%

Frequently asked

Which is better, FE or LNT?
It depends on your goal. value: LNT (lower P/E); growth: FE (faster 5Y revenue CAGR); income: FE (higher dividend yield); quality: FE (higher ROIC). Across all compared metrics, FE leads 9 to 7.
Is FE or LNT cheaper?
On trailing earnings, LNT is cheaper: FE trades at a 25.63 P/E and LNT at 22.92.
Which has grown faster, FE or LNT?
Over the past five years, FE grew revenue faster — FE at a 7.52% CAGR versus LNT at 5.38%.
Does FE or LNT pay a bigger dividend?
FE yields 3.83% and LNT yields 2.85% based on trailing dividends and the latest price.
Is FE or LNT more profitable?
LNT runs the higher net margin — FE at 6.86% versus LNT at 18.58%.
Which has been the better investment, FE or LNT?
Over the past 10-year, LNT delivered the higher annualized total return — FE at 7.77% versus LNT at 9.86%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.