Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 21.92 as of Sunday, July 26, 2026.
Forward PE Ratio (21.92) = Close Price ($74.94) / Consensus Forward EPS ($3.42)
FORWARD PE RATIO
21.92
SECTOR MEDIAN · UTILITIES
19.32
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
+13.49%
vs the sector median at left
Alliant Energy Corporation
Market Cap
$19.36B
Forward PE Ratio
21.92
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Alliant Energy Corporation (LNT) | $19.36B | 21.92 |
| Evergy, Inc. (EVRG)vs › | $20.10B | 20.47 |
| Talen Energy Corporation (TLN)vs › | $16.34B | 16.35 |
| NiSource Inc (NI)vs › | $22.38B | 22.67 |
| CMS Energy Corporation (CMS)vs › | $23.08B | 19.26 |
| Pinnacle West Capital Corporation (PNW)vs › | $12.85B | 22.31 |
| American Water Works Company, Inc. (AWK)vs › | $26.30B | 22.16 |
| PPL Corporation (PPL)vs › | $27.25B | 18.57 |
| The AES Corporation (AES)vs › | $10.58B | 6.43 |
| Eversource Energy (ES)vs › | $28.17B | 16.10 |
Trailing P/E
23.5
reported TTM EPS
Forward P/E
21.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.42 implies +7.2% EPS growth vs the reported trailing $3.19.
At today's $74.94 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $3.42 | $3.39 – $3.44 | 9 | 21.9x |
| 2027-12-31 | $3.68 | $3.58 – $3.75 | 9 | 20.3x |
| 2028-12-31 | $4.03 | $3.97 – $4.11 | 6 | 18.6x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
