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Side-by-side financial comparison of Alliant Energy (LNT) and UNITED THERAPEUTICS Corp (UTHR). Click either name above to swap in a different company.

Alliant Energy is the larger business by last-quarter revenue ($1.1B vs $790.2M, roughly 1.3× UNITED THERAPEUTICS Corp). UNITED THERAPEUTICS Corp runs the higher net margin — 46.1% vs 13.4%, a 32.7% gap on every dollar of revenue. On growth, Alliant Energy posted the faster year-over-year revenue change (9.0% vs 7.4%). Over the past eight quarters, UNITED THERAPEUTICS Corp's revenue compounded faster (8.0% CAGR vs 1.5%).

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinoi...

United Therapeutics Corporation is an American biotechnology company that develops pharmaceuticals and technologies related to organ transplantation, including xenotransplantation. Many of the company's products are focused towards lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog and Bromont, Quebec; Melbourne and Jacksonville, Florida; Blacksburg, Virginia; ...

LNT vs UTHR — Head-to-Head

Bigger by revenue
LNT
LNT
1.3× larger
LNT
$1.1B
$790.2M
UTHR
Growing faster (revenue YoY)
LNT
LNT
+1.6% gap
LNT
9.0%
7.4%
UTHR
Higher net margin
UTHR
UTHR
32.7% more per $
UTHR
46.1%
13.4%
LNT
Faster 2-yr revenue CAGR
UTHR
UTHR
Annualised
UTHR
8.0%
1.5%
LNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LNT
LNT
UTHR
UTHR
Revenue
$1.1B
$790.2M
Net Profit
$142.0M
$364.3M
Gross Margin
85.9%
86.9%
Operating Margin
18.4%
45.1%
Net Margin
13.4%
46.1%
Revenue YoY
9.0%
7.4%
Net Profit YoY
-5.3%
20.9%
EPS (diluted)
$0.54
$7.66

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LNT
LNT
UTHR
UTHR
Q4 25
$1.1B
$790.2M
Q3 25
$1.2B
$799.5M
Q2 25
$961.0M
$798.6M
Q1 25
$1.1B
$794.4M
Q4 24
$975.0M
$735.9M
Q3 24
$1.1B
$748.9M
Q2 24
$894.0M
$714.9M
Q1 24
$1.0B
$677.7M
Net Profit
LNT
LNT
UTHR
UTHR
Q4 25
$142.0M
$364.3M
Q3 25
$281.0M
$338.7M
Q2 25
$174.0M
$309.5M
Q1 25
$213.0M
$322.2M
Q4 24
$150.0M
$301.3M
Q3 24
$295.0M
$309.1M
Q2 24
$87.0M
$278.1M
Q1 24
$158.0M
$306.6M
Gross Margin
LNT
LNT
UTHR
UTHR
Q4 25
85.9%
86.9%
Q3 25
86.3%
87.4%
Q2 25
84.3%
89.0%
Q1 25
86.0%
88.4%
Q4 24
84.7%
89.7%
Q3 24
84.7%
88.9%
Q2 24
83.6%
89.1%
Q1 24
85.3%
89.2%
Operating Margin
LNT
LNT
UTHR
UTHR
Q4 25
18.4%
45.1%
Q3 25
28.8%
48.6%
Q2 25
23.2%
45.6%
Q1 25
22.8%
48.2%
Q4 24
22.7%
48.6%
Q3 24
29.0%
45.8%
Q2 24
14.5%
44.7%
Q1 24
21.5%
52.6%
Net Margin
LNT
LNT
UTHR
UTHR
Q4 25
13.4%
46.1%
Q3 25
23.2%
42.4%
Q2 25
18.1%
38.8%
Q1 25
18.9%
40.6%
Q4 24
15.4%
40.9%
Q3 24
27.3%
41.3%
Q2 24
9.7%
38.9%
Q1 24
15.3%
45.2%
EPS (diluted)
LNT
LNT
UTHR
UTHR
Q4 25
$0.54
$7.66
Q3 25
$1.09
$7.16
Q2 25
$0.68
$6.41
Q1 25
$0.83
$6.63
Q4 24
$0.58
$6.23
Q3 24
$1.15
$6.39
Q2 24
$0.34
$5.85
Q1 24
$0.62
$6.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LNT
LNT
UTHR
UTHR
Cash + ST InvestmentsLiquidity on hand
$556.0M
$2.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$7.3B
$7.1B
Total Assets
$25.0B
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LNT
LNT
UTHR
UTHR
Q4 25
$556.0M
$2.9B
Q3 25
$753.0M
$2.8B
Q2 25
$329.0M
$3.0B
Q1 25
$25.0M
$3.3B
Q4 24
$81.0M
$3.3B
Q3 24
$827.0M
$3.3B
Q2 24
$92.0M
$3.0B
Q1 24
$32.0M
$2.7B
Stockholders' Equity
LNT
LNT
UTHR
UTHR
Q4 25
$7.3B
$7.1B
Q3 25
$7.3B
$6.6B
Q2 25
$7.1B
$7.2B
Q1 25
$7.1B
$6.8B
Q4 24
$7.0B
$6.4B
Q3 24
$7.0B
$6.1B
Q2 24
$6.8B
$5.7B
Q1 24
$6.8B
$5.3B
Total Assets
LNT
LNT
UTHR
UTHR
Q4 25
$25.0B
$7.9B
Q3 25
$24.6B
$7.4B
Q2 25
$23.8B
$7.9B
Q1 25
$22.9B
$7.7B
Q4 24
$22.7B
$7.4B
Q3 24
$22.8B
$7.1B
Q2 24
$21.8B
$6.7B
Q1 24
$21.2B
$6.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LNT
LNT
UTHR
UTHR
Operating Cash FlowLast quarter
$269.0M
$346.2M
Free Cash FlowOCF − Capex
$173.3M
FCF MarginFCF / Revenue
21.9%
Capex IntensityCapex / Revenue
21.9%
Cash ConversionOCF / Net Profit
1.89×
0.95×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LNT
LNT
UTHR
UTHR
Q4 25
$269.0M
$346.2M
Q3 25
$408.0M
$562.1M
Q2 25
$243.0M
$191.7M
Q1 25
$249.0M
$461.2M
Q4 24
$254.0M
$341.2M
Q3 24
$351.0M
$377.2M
Q2 24
$255.0M
$232.2M
Q1 24
$307.0M
$376.5M
Free Cash Flow
LNT
LNT
UTHR
UTHR
Q4 25
$173.3M
Q3 25
$-103.0M
$351.6M
Q2 25
$-179.0M
$129.5M
Q1 25
$-305.0M
$386.3M
Q4 24
$254.5M
Q3 24
$-59.0M
$300.7M
Q2 24
$-137.0M
$187.1M
Q1 24
$-171.0M
$338.3M
FCF Margin
LNT
LNT
UTHR
UTHR
Q4 25
21.9%
Q3 25
-8.5%
44.0%
Q2 25
-18.6%
16.2%
Q1 25
-27.0%
48.6%
Q4 24
34.6%
Q3 24
-5.5%
40.2%
Q2 24
-15.3%
26.2%
Q1 24
-16.6%
49.9%
Capex Intensity
LNT
LNT
UTHR
UTHR
Q4 25
21.9%
Q3 25
42.2%
26.3%
Q2 25
43.9%
7.8%
Q1 25
49.1%
9.4%
Q4 24
11.8%
Q3 24
37.9%
10.2%
Q2 24
43.8%
6.3%
Q1 24
46.4%
5.6%
Cash Conversion
LNT
LNT
UTHR
UTHR
Q4 25
1.89×
0.95×
Q3 25
1.45×
1.66×
Q2 25
1.40×
0.62×
Q1 25
1.17×
1.43×
Q4 24
1.69×
1.13×
Q3 24
1.19×
1.22×
Q2 24
2.93×
0.83×
Q1 24
1.94×
1.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LNT
LNT

Retail Residential$313.0M29%
Retail Industrial$251.0M24%
Retail Commercial$226.0M21%
Gas$158.0M15%
Other Customer$43.0M4%
Wholesale$36.0M3%
Other Utility$15.0M1%
Steam$9.0M1%

UTHR
UTHR

Tyvaso DPI$338.6M43%
Remodulin$128.0M16%
Nebulized Tyvaso$125.7M16%
Orenitram$121.2M15%
Unituxin$62.3M8%
Adcirca$7.8M1%
Other$6.6M1%

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