Interstate Power and Light Company (IPLDP) Stock Analysis
DELISTED 2021
What happened to Interstate Power and Light Company (IPLDP) stock?
Interstate Power and Light Company (IPLDP) no longer trades on public markets. It was delisted in December 2021. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Interstate Power and Light Company (IPLDP) trades at $24.99. Interstate Power and Light Company (IPLDP) is a regulated utility providing electricity and natural gas services primarily in Iowa. Sector: Utilities.
Last analyzed: Jun 14, 2026Analyst Coverage for IPLDP: IPLDP does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates IPLDP against Utilities peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
IPLDP: 2/2 scored disciplines lean bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →Interstate Power and Light Company (IPLDP) Utility Operations & Dividend Profile
Interstate Power and Light Company (IPLDP) is a leading regulated utility in Iowa, specializing in electricity generation and natural gas distribution, with a strong commitment to sustainability and a diverse customer base across various sectors.
What Is the Investment Thesis for IPLDP?
Interstate Power and Light Company (IPLDP) presents a stable investment opportunity driven by its regulated utility model, which ensures a consistent revenue stream. With a P/E ratio of 9.8 and a profit margin of 14.9%, IPLDP demonstrates solid financial health relative to industry peers. The company's commitment to diversifying its energy sources, particularly through increased investments in renewable energy, positions it favorably amid the growing demand for sustainable energy solutions. The ongoing expansion of its customer base and infrastructure enhancements are expected to further bolster revenue growth. However, investors should remain vigilant regarding potential regulatory pressures and fluctuating fuel costs, which could impact profitability. Overall, IPLDP's strategic initiatives and solid financial metrics underscore its potential for long-term value creation.
Based on FMP financials and quantitative analysis
IPLDP Key Highlights
P/E ratio of 9.8 indicates strong valuation relative to earnings.
- Profit margin of 14.9% reflects efficient operational performance.
- Gross margin of 22.7% is competitive within the utilities sector.
- Dividend yield of 5.11% provides attractive income potential for investors.
- Serves approximately 495,000 retail electric customers and 225,000 natural gas customers.
Who Are IPLDP's Competitors?
IPLDP is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| LNT Alliant Energy Corporation | $69.46 | -0.98% | $17.9B | 51 |
| DTE DTE Energy Company | $138.15 | -0.74% | $28.8B | 45 |
| CMS CMS Energy Corporation | $70.81 | +0.29% | $22.2B | 49 |
| NEE NextEra Energy, Inc. | $85.03 | -1.02% | $177B | 64 |
| SOMN The Southern Company | $48.93 | -0.32% | $107B | 56 |
| SOJE The Southern Company | $16.07 | -0.62% | $106B | 55 |
| SO The Southern Company | $91.43 | -0.82% | $105B | 57 |
| DUK Duke Energy Corporation | $122.69 | -0.74% | $95.7B | 55 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are IPLDP's Key Strengths?
Established market presence with a long history of service.
- Diverse energy portfolio including renewable sources.
- Strong financial performance metrics relative to peers.
- Regulated pricing model provides revenue stability.
What Are IPLDP's Weaknesses?
Dependence on fossil fuels for a portion of energy generation.
- Potential regulatory challenges impacting operational flexibility.
- Limited geographic footprint compared to larger competitors.
- Vulnerability to fluctuations in fuel prices.
What Could Drive IPLDP Stock Higher?
Regulatory decisions on allowed rates of return expected in Q3 2026.
- Infrastructure investments aimed at modernizing electric distribution systems.
- Expansion of renewable energy projects planned for 2026.
- Development of energy efficiency programs to reduce customer energy consumption.
- Potential partnerships with local governments for sustainable energy initiatives.
What Are the Key Risks for IPLDP?
Fluctuating fuel costs impacting overall profitability.
- Regulatory pressures affecting pricing and operational practices.
- Competition from alternative energy providers may impact market share.
- Economic downturn could lead to reduced energy demand.
What Are the Growth Opportunities for IPLDP?
- Growth opportunity 1: The increasing demand for renewable energy solutions presents a significant growth opportunity for IPLDP. As states push for cleaner energy initiatives, IPLDP can expand its wind energy generation capabilities, which currently form a part of its energy mix. The U.S. renewable energy market is expected to grow at a CAGR of 10% through 2027, providing IPLDP with a chance to enhance its market share and meet regulatory requirements for renewable energy sourcing.
- Growth opportunity 2: IPLDP's ongoing infrastructure upgrades are set to enhance operational efficiency and service reliability. The company is investing in modernizing its electric distribution systems, which will reduce outages and improve customer satisfaction. With an estimated market size of $100 billion for utility infrastructure improvements in the U.S., IPLDP stands to benefit from both regulatory support and customer demand for reliable energy services.
- Growth opportunity 3: The expansion of natural gas services in Iowa is another key growth driver for IPLDP. As industries increasingly shift towards cleaner energy sources, the demand for natural gas is projected to grow. The natural gas market is expected to reach $1 trillion by 2030, and IPLDP's strategic investments in this area will allow it to capture a larger share of the market while supporting local economic growth.
- Growth opportunity 4: The development of energy efficiency programs and demand response initiatives will enable IPLDP to enhance customer engagement and reduce energy consumption. By investing in smart grid technologies, IPLDP can offer innovative solutions that not only lower operational costs but also align with state energy efficiency goals. The energy efficiency market is projected to grow significantly, providing IPLDP with additional revenue streams.
- Growth opportunity 5: IPLDP's focus on steam production and distribution for industrial clients in Cedar Rapids presents a unique opportunity for revenue diversification. As industries seek reliable steam sources for manufacturing processes, IPLDP can leverage its existing infrastructure to expand this service. The industrial steam market is estimated to grow at a CAGR of 6% through 2025, positioning IPLDP advantageously within this niche.
What Are IPLDP's Competitive Advantages?
- Strong regulatory framework provides stability and predictability.
- Established infrastructure with extensive distribution networks.
- Diverse energy sourcing reduces dependency on a single fuel type.
- Long-standing customer relationships across multiple sectors.
- Ability to adapt to changing regulatory and market conditions.
What Does IPLDP Do?
Interstate Power and Light Company (IPLDP) was founded in 1925 as the Iowa Railway and Light Corporation, evolving into a key player in the regulated utility sector. Headquartered in Cedar Rapids, Iowa, IPLDP focuses on the generation and delivery of electricity, as well as the distribution and transportation of natural gas. The company operates through three primary divisions: Electric, Gas, and Other. IPLDP generates electricity from a mix of coal, natural gas, and wind energy facilities, supplemented by purchases from wholesale markets. This diverse sourcing strategy allows the company to maintain a stable supply for its approximately 495,000 retail electric customers and around 225,000 natural gas customers as of December 31, 2020. In addition to retail services, IPLDP engages in wholesale electricity sales to municipalities and rural electric cooperatives across Iowa, Minnesota, and Illinois. The company also produces and distributes steam for clients in Cedar Rapids, enhancing its service offerings. IPLDP's extensive infrastructure includes both overhead and underground electric distribution lines, substation transformers, and gas mains, enabling it to serve a wide array of sectors such as agriculture, industrial manufacturing, and education. As a subsidiary of Alliant Energy Corporation, IPLDP benefits from the larger entity's resources and strategic direction, positioning it well within the competitive landscape of the utilities sector.
What Products and Services Does IPLDP Offer?
- Generate and deliver electricity to residential, commercial, and industrial customers.
- Distribute and transport natural gas across Iowa.
- Engage in wholesale electricity sales to municipalities and rural cooperatives.
- Produce and distribute steam for industrial clients.
- Operate through three main divisions: Electric, Gas, and Other.
- Leverage a diverse energy mix including coal, natural gas, and wind.
How Does IPLDP Make Money?
- Revenue generated from retail electricity and natural gas sales.
- Wholesale electricity sales to municipalities and cooperatives.
- Steam production and distribution for industrial customers.
- Regulated pricing structures ensure stable revenue streams.
- Investment in renewable energy sources to meet regulatory requirements.
What Industry Does IPLDP Operate In?
The regulated electric utility industry is characterized by stable demand and significant barriers to entry, making it a resilient sector for investment. With a growing emphasis on renewable energy and sustainability, utilities like IPLDP are increasingly diversifying their energy portfolios to include wind and solar power. The market for regulated electric utilities is projected to grow steadily, driven by population growth and increasing energy consumption. IPLDP's strategic positioning in Iowa, combined with its commitment to sustainability, allows it to compete effectively against other regional utilities while capitalizing on the shift towards cleaner energy sources.
Who Are IPLDP's Key Customers?
- Approximately 495,000 retail electric customers.
- Around 225,000 natural gas customers.
- Diverse customer base including agriculture, manufacturing, and education sectors.
- Municipalities and rural electric cooperatives as wholesale customers.
- Industrial clients requiring steam for manufacturing processes.
Company Profile
Interstate Power and Light Company operates in the Regulated Electric industry within the Utilities sector. It is headquartered in Cedar Rapids, US. The company is led by CEO John O. Larsen. IPLDP has traded publicly since 2013.
Key Financial Metrics
Return on equity for Interstate Power and Light Company stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. IPLDP trades at a trailing price-to-earnings ratio of 9.78, below the Utilities sector average of ~19x. A current ratio of 1.17 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 10.2%, the inverse of the P/E and a quick read on earnings relative to price.
IPLDP Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future performance, which often signals a positive outlook.
- Community sentiment has shifted positively as discussions around renewable energy initiatives gain traction, aligning with market trends.
- Analysts highlight the company's stable revenue streams from regulated utilities, providing a solid foundation amidst market volatility.
- Recent regulatory developments favoring clean energy investments have created optimism among investors.
Bear Case
- Concerns over rising operational costs have surfaced, potentially impacting profit margins as inflation continues to affect utilities.
- Community discussions reveal skepticism regarding the pace of transition to renewable energy, with some fearing it may not meet expectations.
- Recent reports indicate competitive pressures from alternative energy providers, raising doubts about market share retention.
- Market perception is cautious due to broader economic uncertainties, leading some investors to adopt a more defensive stance.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
IPLDP Latest News
No recent news available for IPLDP.
Leadership: John O. Larsen
CEO
John O. Larsen has extensive experience in the utilities sector, having held various leadership roles within Alliant Energy Corporation prior to becoming CEO of IPLDP. He holds a degree in electrical engineering and an MBA, equipping him with both technical and business acumen. His career has been marked by a focus on operational efficiency and strategic growth initiatives.
Track Record: Under Larsen's leadership, IPLDP has enhanced its operational efficiency and expanded its renewable energy initiatives. He has been instrumental in driving infrastructure investments that improve service reliability and customer satisfaction.
Interstate Power and Light Company Utilities Stock: Key Questions Answered
What happened to Interstate Power and Light Company (IPLDP) stock?
Interstate Power and Light Company (IPLDP) no longer trades on public markets. It was delisted in December 2021. The figures below are historical and are not a current quote.
Can I still buy IPLDP shares?
No. IPLDP stopped trading on public markets in December 2021, so the shares are not available through a broker. Anything you see quoted for IPLDP elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before IPLDP stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Interstate Power and Light Company. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Interstate Power and Light Company do?
Interstate Power and Light Company (IPLDP) operates as a regulated utility providing electricity and natural gas services to residential, commercial, and industrial customers primarily in Iowa. The company generates electricity through a mix of coal, natural gas, and renewable sources, while also engaging in wholesale electricity sales. IPLDP serves a diverse customer base, including agriculture, manufacturing, and education sectors, and has a strong commitment to sustainability.
What are the key financial metrics investors watch for IPLDP?
Key financial metrics for Interstate Power and Light Company (IPLDP) include its P/E ratio of 9.8, which indicates strong valuation relative to earnings, and a profit margin of 14.9%, reflecting efficient operations. Investors also monitor the dividend yield of 5.11%, which provides income potential, and gross margin of 22.7%, which is competitive within the utilities sector. These metrics help gauge the company's financial health and performance against industry peers.
What are the main risks for IPLDP?
Interstate Power and Light Company (IPLDP) faces several risks, including fluctuating fuel costs that can impact profitability, especially given its reliance on fossil fuels for part of its energy generation. Regulatory pressures may affect pricing and operational flexibility, while competition from alternative energy providers poses a threat to market share. Additionally, economic downturns could lead to reduced energy demand, impacting overall revenue.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Data sourced from company profile and financial metrics.