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Side-by-side financial comparison of Alliant Energy (LNT) and WERNER ENTERPRISES INC (WERN). Click either name above to swap in a different company.

Alliant Energy is the larger business by last-quarter revenue ($1.1B vs $808.6M, roughly 1.3× WERNER ENTERPRISES INC). Alliant Energy runs the higher net margin — 13.4% vs -0.5%, a 13.9% gap on every dollar of revenue. On growth, WERNER ENTERPRISES INC posted the faster year-over-year revenue change (13.6% vs 9.0%). Over the past eight quarters, WERNER ENTERPRISES INC's revenue compounded faster (4.3% 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...

Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had 2023 revenues of $3.28 billion and over 14,000 employees and contractors.

LNT vs WERN — Head-to-Head

Bigger by revenue
LNT
LNT
1.3× larger
LNT
$1.1B
$808.6M
WERN
Growing faster (revenue YoY)
WERN
WERN
+4.5% gap
WERN
13.6%
9.0%
LNT
Higher net margin
LNT
LNT
13.9% more per $
LNT
13.4%
-0.5%
WERN
Faster 2-yr revenue CAGR
WERN
WERN
Annualised
WERN
4.3%
1.5%
LNT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LNT
LNT
WERN
WERN
Revenue
$1.1B
$808.6M
Net Profit
$142.0M
$-4.3M
Gross Margin
85.9%
Operating Margin
18.4%
75.5%
Net Margin
13.4%
-0.5%
Revenue YoY
9.0%
13.6%
Net Profit YoY
-5.3%
57.8%
EPS (diluted)
$0.54
$-0.07

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
WERN
WERN
Q1 26
$808.6M
Q4 25
$1.1B
$719.9M
Q3 25
$1.2B
$752.2M
Q2 25
$961.0M
$734.1M
Q1 25
$1.1B
$693.4M
Q4 24
$975.0M
$736.6M
Q3 24
$1.1B
$726.3M
Q2 24
$894.0M
$742.7M
Net Profit
LNT
LNT
WERN
WERN
Q1 26
$-4.3M
Q4 25
$142.0M
$-27.8M
Q3 25
$281.0M
$-20.6M
Q2 25
$174.0M
$44.1M
Q1 25
$213.0M
$-10.1M
Q4 24
$150.0M
$11.9M
Q3 24
$295.0M
$6.6M
Q2 24
$87.0M
$9.5M
Gross Margin
LNT
LNT
WERN
WERN
Q1 26
Q4 25
85.9%
Q3 25
86.3%
Q2 25
84.3%
Q1 25
86.0%
Q4 24
84.7%
Q3 24
84.7%
Q2 24
83.6%
Operating Margin
LNT
LNT
WERN
WERN
Q1 26
75.5%
Q4 25
18.4%
-5.0%
Q3 25
28.8%
-1.7%
Q2 25
23.2%
9.0%
Q1 25
22.8%
-0.8%
Q4 24
22.7%
1.8%
Q3 24
29.0%
2.4%
Q2 24
14.5%
2.6%
Net Margin
LNT
LNT
WERN
WERN
Q1 26
-0.5%
Q4 25
13.4%
-3.9%
Q3 25
23.2%
-2.7%
Q2 25
18.1%
6.0%
Q1 25
18.9%
-1.5%
Q4 24
15.4%
1.6%
Q3 24
27.3%
0.9%
Q2 24
9.7%
1.3%
EPS (diluted)
LNT
LNT
WERN
WERN
Q1 26
$-0.07
Q4 25
$0.54
$-0.46
Q3 25
$1.09
$-0.34
Q2 25
$0.68
$0.72
Q1 25
$0.83
$-0.16
Q4 24
$0.58
$0.19
Q3 24
$1.15
$0.11
Q2 24
$0.34
$0.15

Balance Sheet & Financial Strength

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

Metric
LNT
LNT
WERN
WERN
Cash + ST InvestmentsLiquidity on hand
$556.0M
$61.5M
Total DebtLower is stronger
$878.2M
Stockholders' EquityBook value
$7.3B
$1.4B
Total Assets
$25.0B
$3.3B
Debt / EquityLower = less leverage
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LNT
LNT
WERN
WERN
Q1 26
$61.5M
Q4 25
$556.0M
$59.9M
Q3 25
$753.0M
$51.0M
Q2 25
$329.0M
$51.4M
Q1 25
$25.0M
$52.0M
Q4 24
$81.0M
$40.8M
Q3 24
$827.0M
$54.7M
Q2 24
$92.0M
$70.4M
Total Debt
LNT
LNT
WERN
WERN
Q1 26
$878.2M
Q4 25
$752.0M
Q3 25
$725.0M
Q2 25
$725.0M
Q1 25
$640.0M
Q4 24
$650.0M
Q3 24
$690.0M
Q2 24
$670.0M
Stockholders' Equity
LNT
LNT
WERN
WERN
Q1 26
$1.4B
Q4 25
$7.3B
$1.4B
Q3 25
$7.3B
$1.4B
Q2 25
$7.1B
$1.4B
Q1 25
$7.1B
$1.4B
Q4 24
$7.0B
$1.5B
Q3 24
$7.0B
$1.4B
Q2 24
$6.8B
$1.5B
Total Assets
LNT
LNT
WERN
WERN
Q1 26
$3.3B
Q4 25
$25.0B
$2.9B
Q3 25
$24.6B
$3.0B
Q2 25
$23.8B
$2.9B
Q1 25
$22.9B
$3.0B
Q4 24
$22.7B
$3.1B
Q3 24
$22.8B
$3.1B
Q2 24
$21.8B
$3.1B
Debt / Equity
LNT
LNT
WERN
WERN
Q1 26
0.65×
Q4 25
0.55×
Q3 25
0.52×
Q2 25
0.51×
Q1 25
0.45×
Q4 24
0.45×
Q3 24
0.48×
Q2 24
0.46×

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
WERN
WERN
Operating Cash FlowLast quarter
$269.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
1.89×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LNT
LNT
WERN
WERN
Q1 26
Q4 25
$269.0M
$62.3M
Q3 25
$408.0M
$44.1M
Q2 25
$243.0M
$46.0M
Q1 25
$249.0M
$29.4M
Q4 24
$254.0M
$71.0M
Q3 24
$351.0M
$61.0M
Q2 24
$255.0M
$109.1M
Free Cash Flow
LNT
LNT
WERN
WERN
Q1 26
Q4 25
$-23.5M
Q3 25
$-103.0M
$-8.6M
Q2 25
$-179.0M
$-42.3M
Q1 25
$-305.0M
$5.9M
Q4 24
$-9.8M
Q3 24
$-59.0M
$-73.4M
Q2 24
$-137.0M
$-31.2M
FCF Margin
LNT
LNT
WERN
WERN
Q1 26
Q4 25
-3.3%
Q3 25
-8.5%
-1.1%
Q2 25
-18.6%
-5.8%
Q1 25
-27.0%
0.8%
Q4 24
-1.3%
Q3 24
-5.5%
-10.1%
Q2 24
-15.3%
-4.2%
Capex Intensity
LNT
LNT
WERN
WERN
Q1 26
0.2%
Q4 25
11.9%
Q3 25
42.2%
7.0%
Q2 25
43.9%
12.0%
Q1 25
49.1%
3.4%
Q4 24
11.0%
Q3 24
37.9%
18.5%
Q2 24
43.8%
18.9%
Cash Conversion
LNT
LNT
WERN
WERN
Q1 26
Q4 25
1.89×
Q3 25
1.45×
Q2 25
1.40×
1.04×
Q1 25
1.17×
Q4 24
1.69×
5.97×
Q3 24
1.19×
9.30×
Q2 24
2.93×
11.52×

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%

WERN
WERN

Segment breakdown not available.

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