Is LNT or XEL cheaper?

On trailing earnings, XEL is cheaper: LNT trades at a 22.92 P/E and XEL at 22.63.

Which has grown faster, LNT or XEL?

Over the past five years, LNT grew revenue faster — LNT at a 5.38% CAGR versus XEL at 3.82%.

Does LNT or XEL pay a bigger dividend?

LNT yields 2.85% and XEL yields 2.19% based on trailing dividends and the latest price.

Is LNT or XEL more profitable?

LNT runs the higher net margin — LNT at 18.58% versus XEL at 14.14%.

Which has been the better investment, LNT or XEL?

Over the past 10-year, LNT delivered the higher annualized total return — LNT at 9.86% versus XEL at 9.68%. Past performance doesn't predict future results.

Alliant Energy Corporation (LNT) vs Xcel Energy Inc. (XEL)

LNT leads on 11 of 15 compared metrics.

A side-by-side comparison of Alliant Energy Corporation and Xcel Energy Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

LNT

Alliant Energy Corporation

Total return — LNT vs XEL

growth of $100 · last 30y

LNT +389.4%XEL +243.5%LNT compounded faster

LNT XEL

LNT vs XEL: by the numbers

•XEL is the larger company ($49.45B vs $18.88B market cap).
•XEL trades at the lower earnings multiple (22.63 vs 22.92 P/E).
•LNT converts more revenue to profit (18.58% vs 14.14% net margin).
•LNT grew revenue faster over the past five years (5.38% vs 3.82% CAGR).
•LNT pays the higher dividend yield (2.85% vs 2.19%).

Which is better, LNT or XEL?

Metric tally: LNT 11 · XEL 4

It depends on what you're optimizing for:

GrowthLNT(faster 5Y revenue CAGR)

IncomeLNT(higher dividend yield)

QualityLNT(higher ROIC)

Valuation

Metric	LNT	XEL
P/E ratio	22.92	22.63
Forward P/E	19.85	17.45●
P/S ratio	4.28	3.35●
P/B ratio	2.55	2.08●
PEG ratio	1.21●	5.39
EV / EBITDA	14.94	14.00●

Profitability

Metric	LNT	XEL
Gross margin	37.97%●	18.91%
Operating margin	23.01%●	19.85%
Net margin	18.58%●	14.14%
ROE	11.06%●	8.78%
ROIC	4.12%●	3.77%

Dividends

Metric	LNT	XEL
Dividend yield	2.85%●	2.19%
Payout ratio	66.19%	50.36%

Growth (annualized)

Metric	LNT	XEL
Revenue CAGR (5Y)	5.38%●	3.82%
EPS CAGR (5Y)	4.98%●	4.20%
FCF CAGR (5Y)	15.57%●	-15.80%
Total return CAGR (5Y)	7.95%●	5.94%

Frequently asked

Which is better, LNT or XEL?: It depends on your goal. growth: LNT (faster 5Y revenue CAGR); income: LNT (higher dividend yield); quality: LNT (higher ROIC). Across all compared metrics, LNT leads 11 to 4.
Is LNT or XEL cheaper?: On trailing earnings, XEL is cheaper: LNT trades at a 22.92 P/E and XEL at 22.63.
Which has grown faster, LNT or XEL?: Over the past five years, LNT grew revenue faster — LNT at a 5.38% CAGR versus XEL at 3.82%.
Does LNT or XEL pay a bigger dividend?: LNT yields 2.85% and XEL yields 2.19% based on trailing dividends and the latest price.
Is LNT or XEL more profitable?: LNT runs the higher net margin — LNT at 18.58% versus XEL at 14.14%.
Which has been the better investment, LNT or XEL?: Over the past 10-year, LNT delivered the higher annualized total return — LNT at 9.86% versus XEL at 9.68%. Past performance doesn't predict future results.

Go deeper

Full LNT analysis Full XEL analysis Interactive comparison tool

Dig into the metrics

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

Alliant Energy & Xcel Energy 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 14, 2026.