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Alliant Energy vs Avista: LNT and AVA compared
Alliant Energy is the larger company: $1.3B of revenue in its latest quarter (Q3 2026) against $421M for Avista (Q3 2026). Alliant Energy is growing faster (+6% against +4% a year earlier). Alliant Energy is more profitable, with an operating margin of 30.3% against 15.7%.
Where the money goes: LNT and AVA
Alliant Energy (LNT) · Q3 2026
Alliant Energy, Q3 2026: revenue $1.3B (+6% year over year), operating margin 30.3%, net earnings $398M, operating cash flow $428M. The chart follows the revenue to costs, profit and cash.
Avista (AVA) · Q3 2026
Avista, Q3 2026: revenue $421M (+4% year over year), operating margin 15.7%, net earnings $49.0M, operating cash flow $134M. The chart follows the revenue to costs, profit and cash.
| Alliant Energy (LNT) | Avista (AVA) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $1.3B | $421M |
| Revenue growth, Y/Y | +6% | +4% |
| Operating margin | 30.3% | 15.7% |
| Net earnings | $398M | $49.0M |
| Net margin | 31.0% | 11.6% |
| Operating cash flow | $428M | $134M |
| Market value | $18.8B | $3.4B |
| P/E | 22.9× | 13.5× |
| Analysts’ mean target | $76.65 | $40.67 |
Where the revenue comes from
Alliant Energy
- IPL: $664M (52%)
- WPL: $595M (46%)
- Non-Utility and Other: $26.0M (2%)
Questions
Which is bigger, Alliant Energy or Avista?
Alliant Energy is the larger company: $1.3B of revenue in its latest quarter (Q3 2026) against $421M for Avista (Q3 2026).
Is Alliant Energy or Avista growing faster?
Alliant Energy is growing faster (+6% against +4% a year earlier).
Which is more profitable, Alliant Energy or Avista?
Alliant Energy is more profitable, with an operating margin of 30.3% against 15.7%.
More: Alliant Energy earnings · how Alliant Energy makes money · Avista earnings · how Avista makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 30, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.