Alliant Energy (LNT) Capital Expenditures (2018 - 2025)
Alliant Energy (LNT) recorded Capital Expenditures of $790 million in Q4 2025, up 2.3% from $772 million a year earlier and up 54.6% from the prior quarter.
Alliant Energy (LNT) Capital Expenditures (2018 - 2025) Analysis & Trends
For FY2025, Alliant Energy reported Capital Expenditures of $2.28 billion, up 11.0% from FY2024.
- Annual Capital Expenditures has increased for four straight years, with a five-year compound annual growth rate of 12.0% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $2.05 billion in FY2024 (+18.5%), $1.73 billion in FY2023 (+24.4%), $1.39 billion in FY2022 (+30.1%) and $1.07 billion in FY2021 (-17.2%).
- The Q4 2025 figure is the highest quarterly Capital Expenditures in data going back to Q3 2018.
- On a year-over-year basis, Capital Expenditures has increased for five consecutive quarters, with growth averaging 14.8% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 74.2% in Q4 2022, against a decline of 30.7% in Q2 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $511 million (Q3 2025), $422 million (Q2 2025) and $554 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - | 2.78 Bn |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - | 2.95 Bn |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn | 1.26 Bn |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - | 1.08 Bn |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn | -1.16 Bn |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn | 1.04 Bn |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - | 860.00 Mn |
| 10 | Alliant Energy | 16.54 Bn | 14.88 Bn | 913.00 Mn | 790.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 790.00 Mn |
| Sep 30, 2025 | 511.00 Mn |
| Jun 30, 2025 | 422.00 Mn |
| Mar 31, 2025 | 554.00 Mn |
| Dec 31, 2024 | 772.00 Mn |
| Sep 30, 2024 | 410.00 Mn |
| Jun 30, 2024 | 392.00 Mn |
| Mar 31, 2024 | 478.00 Mn |
| Dec 31, 2023 | 530.00 Mn |
| Sep 30, 2023 | 443.00 Mn |
| Jun 30, 2023 | 341.00 Mn |
| Mar 31, 2023 | 417.00 Mn |
| Dec 31, 2022 | 519.00 Mn |
| Sep 30, 2022 | 323.00 Mn |
| Jun 30, 2022 | 243.00 Mn |
| Mar 31, 2022 | 307.00 Mn |
| Dec 31, 2021 | 298.00 Mn |
| Sep 30, 2021 | 346.00 Mn |
| Jun 30, 2021 | 212.00 Mn |
| Mar 31, 2021 | 214.00 Mn |
Alliant Energy Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "LNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();