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.
LNT
Alliant Energy Corporation
$66.92UtilitiesDelayed quote: Sep 14, 2026, 4:00 PM EDT
NI
NiSource Inc
$41.08UtilitiesDelayed quote: Sep 14, 2026, 3:59 PM EDT
Total return — LNT vs NI
growth of $100 · dividends reinvested · last 10yLNT +139.2% (+9.1%/yr)NI +135.8% (+9.0%/yr)LNT compounded faster over this window
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
| Metric | LNT | NI |
|---|---|---|
| P/E ratio | 21.18 | 21.85 |
| Forward P/E | 19.54 | 20.00 |
| P/S ratio | 3.90 | 2.86 |
| P/B ratio | 2.30 | 2.06 |
| EV / EBITDA | 15.90 | 11.87 |
Profitability
| Metric | LNT | NI |
|---|---|---|
| Gross margin | 42.04% | 50.76% |
| Operating margin | 22.10% | 27.03% |
| Net margin | 18.45% | 13.15% |
| ROE | 10.85% | 9.45% |
| ROIC | 4.04% | 4.54% |
Dividends
| Metric | LNT | NI |
|---|---|---|
| Dividend yield | 3.14% | 2.85% |
| Payout ratio | 66.85% | 62.77% |
Growth (annualized)
| Metric | LNT | NI |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Alliant Energy P/E ratioNiSource P/E ratioAlliant Energy dividend yieldNiSource dividend yieldAlliant Energy ROENiSource ROEAlliant Energy operating marginNiSource operating marginAlliant Energy revenue growthNiSource revenue growthAlliant Energy free cash flowNiSource free cash flow
Alliant Energy & NiSource appear in these rankings
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.