We expect Alliant Energy to invest over $11 billion from 2024-28, supporting our expectation that the company will achieve the top half of management's 5%-7% growth target. Management estimates continued significant capital investment opportunities in the second half of the decade, supporting growth beyond our forecast.
Alliant's earnings growth prospects are robust, supported by renewable energy projects that have regulatory support.
Alliant's aggressive investment plan increases regulatory risk.
|
Metric
|
LNT
|
WEC
|
AEP
|
|---|---|---|---|
Price/Earnings (Normalized) | 17.99 | 17.85 | 16.48 |
Price/Book Value | 1.90 | 2.22 | 1.80 |
Price/Sales | 3.17 | 2.94 | 2.37 |
Price/Cash Flow | 9.42 | 9.38 | 7.86 |
|
Metric
|
LNT
|
WEC
|
AEP
|
|---|---|---|---|
Quick Ratio | 0.14 | 0.30 | 0.27 |
Current Ratio | 0.55 | 0.55 | 0.53 |
Interest Coverage | 2.79 | 3.11 | 2.22 |
|
Metric
|
LNT
|
WEC
|
AEP
|
|---|---|---|---|
Return on Assets (Normalized) | 3.46% | 3.40% | 2.26% |
Return on Equity (Normalized) | 10.95% | 12.56% | 8.82% |
Return on Invested Capital (Normalized) | 7.05% | 6.97% | 5.77% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
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SO
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DUK
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NGG
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AEP
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PCG
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D
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EXC
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PEG
| Public Service Enterprise Group Inc | Pvbbhtsyj | Lnxfsw | $33.5 Bil | |
ED
| Consolidated Edison Inc | Gyfwxzj | Vrtc | $32.1 Bil |
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