Alliant Energy LNT
Share count +0.4% in a year
XBRL, latest 10-KNew shares against shares bought back
Dilution: new shares, stock pay and buybacks · S-3 and 424B, 3 years; 10-K
New Nov 6, 2026: Shelf registration: shares and other securities, amount not fixed (S-3ASR) Email me when LNT files the next one
Shares offered
Since Nov 15, 2023: 2 at-the-market programs, 2 shelf registrations; also 1 notes offering. Latest at-the-market program for common stock: Mar 19, 2026, up to $1.0B.
- Nov 6, 2026 Shelf registration: shares and other securities, amount not fixed S-3ASR
- Mar 19, 2026 At-the-market program: up to $1.0B of common stock 424B5
- May 9, 2025 At-the-market program: up to $1.3B of common stock 424B5
- Dec 15, 2023 Shelf registration: shares and other securities, amount not fixed S-3ASR
Every offering filing“In accordance with the terms of the distribution agreement, we may offer and sell common stock having an aggregate offering price of up to $1,000,000,000 from time to time through any agent, as our sales agent (acting in their capacity as our agents or as forward sellers), or directly to any agent acting as principal.”
424B5, Mar 19, 2026
Bought back
-
no buyback line in the 10-K XBRL, year to Dec 31, 2025
Diluted shares: 257.80M in the year to Dec 31, 2025 2025 +0.4%2024 +1.4%2023 +0.8%2022 +0.2%
Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. How
Where the cash came from and where it went
FY2021 to FY2025, from the cash flow statements in the 10-Ks, added up
The same cash, step by step
Came from
| Operating cash flow NetCashProvidedByUsedInOperatingActivities, 0000352541-24-000014; NetCashProvidedByUsedInOperatingActivities, 0000352541-25-000014; NetCashProvidedByUsedInOperatingActivities, 0000352541-26-000007 |
$4.3B |
| Debt raised ProceedsFromIssuanceOfLongTermDebt, 0000352541-24-000014; ProceedsFromIssuanceOfLongTermDebt, 0000352541-25-000014; ProceedsFromIssuanceOfLongTermDebt, 0000352541-26-000007 |
$7.5B |
| Shares sold ProceedsFromIssuanceOfCommonStock, 0000352541-24-000014; ProceedsFromIssuanceOfCommonStock, 0000352541-25-000014; ProceedsFromIssuanceOfCommonStock, 0000352541-26-000007 |
$345.0M |
Went to
| Capital spending | $2.7B |
| Dividends PaymentsOfDividendsCommonStock, 0000352541-24-000014; PaymentsOfDividendsCommonStock, 0000352541-25-000014; PaymentsOfDividendsCommonStock, 0000352541-26-000007 |
$2.3B |
| Debt repaid RepaymentsOfLongTermDebt, 0000352541-24-000014; RepaymentsOfLongTermDebt, 0000352541-25-000014; RepaymentsOfLongTermDebt, 0000352541-26-000007 |
$2.3B |
| Added to cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect, 0000352541-24-000014; CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect, 0000352541-25-000014; CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect, 0000352541-26-000007 |
$500.0M |
| Other, net investments bought and sold, other financing and investing lines, and exchange rates |
$4.4B |
Each number is a line of the cash flow statement as the company tagged it. "Other, net" is what those lines do not cover (investments bought and sold, other financing and investing lines, and exchange rates); Tickdelta does not estimate it.
Where the operating cash went, year by year
FY2016 to FY2025 · cash flow statements, 10-K XBRL
| Fiscal year | Operating cash | Capital spending | Dividends | Debt repaid |
|---|---|---|---|---|
| Dec 31, 2025 | $1.2B | - | $521.0M | $300.0M |
| Dec 31, 2024 | $1.2B | - | $492.0M | $809.0M |
| Dec 31, 2023 | $867.0M | - | $456.0M | $508.0M |
| Dec 31, 2022 | $486.0M | $1.5B | $428.0M | $633.0M |
| Dec 31, 2021 | $582.0M | $1.2B | $403.0M | $8.0M |
| Dec 31, 2020 | $501.0M | $1.4B | $377.0M | $657.0M |
| Dec 31, 2019 | $660.0M | $1.6B | $337.0M | $256.0M |
| Dec 31, 2018 | $528.0M | $1.6B | $312.0M | $856.0M |
| Dec 31, 2017 | $521.6M | $1.5B | $288.3M | $4.6M |
| Dec 31, 2016 | $392.8M | $1.2B | $266.5M | $313.4M |
| Added up | $6.9B | $10.0B 145% of operating cash | $3.9B 56% of operating cash | $4.3B 63% of operating cash |
Each bar is one fiscal year; its colours add up to what the cash flow statement says the company spent on each line, and the line across it is that year's operating cash flow. Spending above the line was paid from new debt, shares sold or cash on hand. A bar part links to the 10-K it comes from. A line the company did not report is left out, not estimated, so the shares are of operating cash only and can add up to more or less than 100%. Debt repaid is the gross amount, so refinanced debt is counted each time it is repaid. A reading aid, not a grade: Tickdelta does not say whether a split was good. Banks and insurers are left out.
Buybacks, dividends and share count
Year by year · XBRL, each 10-K
| Fiscal year to | Buybacks | Dividends | Diluted shares |
|---|---|---|---|
| Dec 31, 2025 | - | $521.0M | 257.80M |
| Dec 31, 2024 | - | $492.0M | 256.80M |
| Dec 31, 2023 | - | $456.0M | 253.30M |
| Dec 31, 2022 | - | $428.0M | 251.20M |
| Dec 31, 2021 | - | $403.0M | 250.70M |
From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: dividends = PaymentsOfDividendsCommonStock; sbc = AllocatedShareBasedCompensationExpense; issuance = ProceedsFromIssuanceOfCommonStock; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.
Dividend per share, year by year
Dividends · declared per share, each 10-K; cash paid, cash flow statement
Declared since the 10-K: Mar 31, 2026 $0.535
| Fiscal year to | Per share | Against year before | Cash paid out |
|---|---|---|---|
| Dec 31, 2025 | $2.03 | ▲+5.7% | $521.0M |
| Dec 31, 2024 | $1.92 | ▲+6.1% | $492.0M |
| Dec 31, 2023 | $1.81 | ▲+5.8% | $456.0M |
| Dec 31, 2022 | $1.71 | ▲+6.2% | $428.0M |
| Dec 31, 2021 | $1.61 | ▲+5.9% | $403.0M |
| Dec 31, 2020 | $1.52 | ▲+7.0% | - |
| Dec 31, 2019 | $1.42 | ▲+6.0% | - |
| Dec 31, 2018 | $1.34 | ▲+6.3% | - |
Dividend per share as the company tagged it (CommonStockDividendsPerShareCashPaid), from the latest 10-K that reports each year, so a stock split is already in it. A change is left blank when the year before is missing or the jump is more than five times.
What the 10-Ks show for each CEO's years
Each CEO's years · the CEO of each fiscal year as named in the proxy's pay versus performance table
Ms. Barton
- Operating cash flow
- $2.3B
- Dividends
- $1.0B
- Stock-based pay
- $34.0M
- Diluted shares since FY2023
- +1.8%
- Revenue since FY2023
- +8%
- Debt since FY2023
- +$2.6B
- CEO pay (reported)
- $16.0M
Mr. Larsen
- Operating cash flow
- $1.9B
- Capital spending
- $2.7B
- Dividends
- $1.3B
- Stock-based pay
- $39.0M
- Diluted shares since FY2020
- +1.8%
- Revenue since FY2020
- +18%
- Debt since FY2020
- +$2.3B
- CEO pay (reported)
- $27.4M
Sources
The cash flow statement, dividends per share and diluted share count in each 10-K's XBRL; Part II Item 2 of each 10-Q for monthly buybacks; offering prospectuses (S-3, 424B) for new shares; Form D data sets for private raises.
Also
CEO pay: what the CEO was paid over the same years.
Work with it
Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/LNT/export.csv") into a cell.