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

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnLNT vs NI

growth of $100 · dividends reinvested · last 10y
LNT +139.2% (+9.1%/yr)NI +135.8% (+9.0%/yr)LNT compounded faster over this window
100150200250Start $10020182020202220242026$239$236
LNT NI

LNT vs NI: by the numbers

  • NI is the larger company ($19.69B vs $17.28B market cap).
  • LNT trades at the lower trailing earnings multiple (21.18 vs 21.85 P/E), one valuation lens rather than an overall verdict.
  • LNT converts more revenue to profit (18.45% vs 13.15% net margin).
  • NI grew revenue faster over the past five years (8.18% vs 5.09% CAGR).
  • LNT pays the higher dividend yield (3.14% vs 2.85%).

Metrics side by side

Valuation

MetricLNTNI
P/E ratio21.1821.85
Forward P/E19.5420.00
P/S ratio3.902.86
P/B ratio2.302.06
EV / EBITDA15.9011.87

Profitability

MetricLNTNI
Gross margin42.04%50.76%
Operating margin22.10%27.03%
Net margin18.45%13.15%
ROE10.85%9.45%
ROIC4.04%4.54%

Dividends

MetricLNTNI
Dividend yield3.14%2.85%
Payout ratio66.85%62.77%

Growth (annualized)

MetricLNTNI
Revenue CAGR (5Y)5.09%8.18%
EPS CAGR (5Y)4.98%14.27%
Total return CAGR (5Y)5.75%14.61%

Frequently asked

Which has the lower trailing P/E, LNT or NI?
LNT has the lower trailing P/E: LNT trades at 21.18 and NI at 21.85. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, LNT or NI?
Over the past five years, NI grew revenue faster — LNT at a 5.09% CAGR versus NI at 8.18%.
Does LNT or NI pay a bigger dividend?
LNT yields 3.14% and NI yields 2.85% based on trailing dividends and the latest price.
Is LNT or NI more profitable?
LNT runs the higher net margin — LNT at 18.45% versus NI at 13.15%.
How have LNT and NI total returns compared?
Over the past 10 years, LNT delivered 9.48% and NI delivered 9.30% annualized total return. 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 September 13, 2026.