Is LNT or NI cheaper?

On trailing earnings, LNT is cheaper: LNT trades at a 23.06 P/E and NI at 23.62.

Which has grown faster, LNT or NI?

Over the past five years, NI grew revenue faster — LNT at a 5.38% CAGR versus NI at 8.10%.

Does LNT or NI pay a bigger dividend?

LNT yields 2.83% and NI yields 2.44% based on trailing dividends and the latest price.

Is LNT or NI more profitable?

LNT runs the higher net margin — LNT at 18.58% versus NI at 14.10%.

Which has been the better investment, LNT or NI?

Over the past 10-year, LNT delivered the higher annualized total return — LNT at 10.12% versus NI at 9.98%. Past performance doesn't predict future results.

Alliant Energy Corporation (LNT) vs NiSource Inc. (NI)

NI leads on 10 of 16 compared metrics, though LNT is the cheaper stock.

A side-by-side comparison of Alliant Energy Corporation and NiSource Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

LNT

Alliant Energy Corporation

Total return — LNT vs NI

growth of $100 · last 30y

LNT +384.2%NI +559.3%NI compounded faster

LNT NI

LNT vs NI: by the numbers

•NI is the larger company ($22.76B vs $19.23B market cap).
•LNT trades at the lower earnings multiple (23.06 vs 23.62 P/E).
•LNT converts more revenue to profit (18.58% vs 14.10% net margin).
•NI grew revenue faster over the past five years (8.10% vs 5.38% CAGR).
•LNT pays the higher dividend yield (2.83% vs 2.44%).

Which is better, LNT or NI?

Metric tally: LNT 6 · NI 10

It depends on what you're optimizing for:

ValueLNT(lower P/E)

GrowthNI(faster 5Y revenue CAGR)

IncomeLNT(higher dividend yield)

QualityNI(higher ROIC)

Metrics side by side

Valuation

Metric	LNT	NI
P/E ratio	23.06●	23.62
Forward P/E	19.97●	21.20
P/S ratio	4.31	3.35●
P/B ratio	2.56	2.36●
PEG ratio	1.21	1.05●
EV / EBITDA	15.00	12.66●

Profitability

Metric	LNT	NI
Gross margin	37.97%	55.92%●
Operating margin	23.01%	27.78%●
Net margin	18.58%●	14.10%
ROE	11.06%●	9.96%
ROIC	4.12%	4.51%●

Dividends

Metric	LNT	NI
Dividend yield	2.83%●	2.44%
Payout ratio	66.19%	59.18%

Growth (annualized)

Metric	LNT	NI
Revenue CAGR (5Y)	5.38%	8.10%●
EPS CAGR (5Y)	4.98%	14.27%●
FCF CAGR (5Y)	15.57%●	-7.40%
Total return CAGR (5Y)	8.72%	16.40%●

Frequently asked

Which is better, LNT or NI?: It depends on your goal. value: LNT (lower P/E); growth: NI (faster 5Y revenue CAGR); income: LNT (higher dividend yield); quality: NI (higher ROIC). Across all compared metrics, NI leads 10 to 6.
Is LNT or NI cheaper?: On trailing earnings, LNT is cheaper: LNT trades at a 23.06 P/E and NI at 23.62.
Which has grown faster, LNT or NI?: Over the past five years, NI grew revenue faster — LNT at a 5.38% CAGR versus NI at 8.10%.
Does LNT or NI pay a bigger dividend?: LNT yields 2.83% and NI yields 2.44% based on trailing dividends and the latest price.
Is LNT or NI more profitable?: LNT runs the higher net margin — LNT at 18.58% versus NI at 14.10%.
Which has been the better investment, LNT or NI?: Over the past 10-year, LNT delivered the higher annualized total return — LNT at 10.12% versus NI at 9.98%. Past performance doesn't predict future results.

Go deeper

Full LNT analysis Full NI analysis Interactive comparison tool

Dig into the metrics

Alliant Energy P/E ratio NiSource P/E ratio Alliant Energy dividend yield NiSource dividend yield Alliant Energy ROE NiSource ROE Alliant Energy operating margin NiSource operating margin Alliant Energy revenue growth NiSource revenue growth Alliant Energy free cash flow NiSource free cash flow

Alliant Energy & NiSource appear in these rankings

Highest Dividend Yield Stocks

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 16, 2026.