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Algonquin Power & Utilities Corp. AQN

Utilities · Utilities - Diversified · Canada
https://algonquinpower.com
Company Profile ↓
$5.68
-0.28% 1Y
Mkt Cap$4.37B
P/E23.67
P/B0.97
Div. Yield4.58%
52W High$6.83
52W Low$5.26
Book Value$5.76
EPS (TTM)$0.24

Company Overview

Algonquin Power & Utilities Corp. operates in the power and utility industries. It owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2025, it operated a portfolio of regulated utility systems in the United States, Canada, Bermuda, and Chile, serving approximately 1,272,000 customer connections. Its regulated electrical distribution utility systems and related transmission and generation assets are located in the states of Arkansas, California, Kansas, Missouri, Nevada, New Hampshire, and Oklahoma, as well as in Bermuda with approximately 311,000 electric customer connections. Its regulated water distribution and wastewater utility systems are located in the states of Arizona, Arkansas, California, Illinois, Missouri, New York, and Texas, as well as in Chile with approximately 583,000 customer connections. It's regulated natural gas distribution utility systems are located in the states of Georgia, Illinois, Iowa, Massachusetts, Missouri, New Hampshire, and New York; and in the Canadian province of New Brunswick with approximately 378,000 natural gas customer connections. It also owns and operates generating assets with a gross capacity of approximately 2.0 gigawatt (GW) and has investments in generating assets with approximately 0.3 GW of net generation capacity. It generates and sells hydroelectric energy in Canada, and capacity and renewable attributes are produced by its portfolio of 14 hydroelectric power generation facilities located in the provinces of Alberta, Ontario, New Brunswick, and Quebec. As of December 31, 2025, it had a combined gross generating capacity of approximately 112 megawatts (MW) and a combined net generating capacity of approximately 105 MW. The company was formerly known as Traduction Militech Translation Inc. in October 2009. The company was incorporated in 1988 and is headquartered in Oakville, Canada.

Why Investors Should Care

Healthy Margins

Operating margin of 15.9% supports profitability.

Dividend Income

Offers a dividend yield of 4.58%.

Recent Developments

  • Dec 2025 Revenue of $2.43B (+4.9% YoY); net profit $180.80M.
  • Trailing 12 Months Year-on-year growth — revenue +3.1%, earnings -95.4%.
  • 5-Year Trend Long-term compounding — revenue CAGR -4.2%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-4.17%
1 Year:3.10%

Compounded Profit Growth

5 Years:-
1 Year:-95.40%

Stock Price Performance

1 Year:-0.28%
6 Months:-6.24%
3 Months:-2.67%
1 Month:-1.05%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 27% of range
$5.26 $6.83
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)45.38 · Neutral
Price Performance
1M-1.05%
3M-2.67%
6M-6.24%
1Y-0.28%
Valuation vs Sector

P/E of 23.67 is above the sector median of 21.22 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Attractive dividend yield of 4.58%.

CONS

  • Revenue declined at -4.2% CAGR over 5 years.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
23.67
Industry PE
21.22
Forward P/E
13.91
PEG Ratio
-
Book Value
$5.76
Price to Book
0.97
P/S
1.69
EV/EBITDA
12.29
Dividend Yield
4.58%

Growth (CAGR)

Revenue 5Y
-4.17%
Profit 5Y
-
Revenue (YoY)
3.10%
Earnings (YoY)
-95.40%

Profitability & Returns

ROCE
4.04%
ROE
2.49%
ROA
2.37%
Profit Margin
5.87%
Op Margin
15.87%
Gross Margin
36.94%
EPS (Latest Qtr)
$0.11
EPS (TTM)
$0.24

Balance Sheet & Liquidity

Debt/Equity
1.34
Quick Ratio
0.39
Current Ratio
0.89
Debt
$6.65B
Total Assets
$14.05B
Current Assets
$1.17B
Working Capital
$5.20M

Ownership

Promoter Holding
0.03%
Chg in Prom Hold
-
FII / Inst Holding
70.56%
Chg in FII Hold
-0.09%

Financial Snapshot

Enterprise Value
$4.37B
Total Revenue (TTM)
$2.55B
EBITDA
$936.10M
Free Cash Flow
$-80.99M
Operating Cash Flow
$589.30M
Shares Outstanding
769.90M
Gross Margin
36.94%
Payout Ratio
108.33%

Peer comparison

Peer companies in the same sector (Utilities).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 AQN Algonquin Power & Utilities Corp. 5.68 23.67 $4.37B 4.58% 4.04% 2.49% -4.17% -
2 NEE NextEra Energy, Inc. SPXR3K 83.83 18.84 $174.84B 3.07% 4.36% 11.68% 4.12% 8.76%
3 CEG Constellation Energy Corporation NDXSPXR3KAI 299.05 29.23 $105.96B 0.57% 6.26% 15.06% 5.18% 31.53%
4 SO The Southern Company SPXR3K 88.99 21.44 $102.37B 3.50% 5.25% 11.48% 3.71% 5.23%
5 DUK Duke Energy Corporation SPXR3K 121.24 18.26 $94.53B 3.58% 4.94% 9.86% 5.53% 6.88%
6 AEP American Electric Power Company, Inc. NDXSPXR3K 125.42 21.74 $68.28B 3.03% 5.32% 10.13% 2.93% 7.23%
7 D Dominion Energy, Inc. SPXR3K 66.22 22.91 $58.24B 4.03% 4.19% 8.28% 0.61% 0.93%
8 SRE Sempra SPXR3K 85.47 24.77 $55.89B 3.20% 3.46% 6.68% 3.05% 3.18%
9 ETR Entergy Corporation SPXR3K 108.53 27.76 $51.85B 2.36% 5.00% 10.25% 1.44% 2.17%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -692.40M527.80M582.70M630.70M792.40M
Cost of Revenue -212.70M124.60M126.30M183.90M260.40M
Gross Profit -479.70M403.20M456.40M446.80M532.00M
Operating Expenses -296.90M324.40M309.00M332.70M351.20M
Operating Income -182.80M78.80M147.40M114.10M180.80M
EBITDA -271.40M190.90M259.50M229.70M284.90M
Interest Expense -78.80M77.50M79.10M104.80M80.30M
Pretax Income -97.30M6.40M85.70M21.60M96.40M
Tax Provision -19.80M7.00M27.00M11.20M28.80M
Net Income -96.80M24.10M38.90M21.00M86.20M
Diluted EPS -0.120.030.050.040.11

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -2.77B2.40B2.32B2.43B
Cost of Revenue -866.35M743.50M600.80M639.80M
Gross Profit -1.90B1.66B1.72B1.79B
Operating Expenses -1.39B1.18B1.27B1.27B
Operating Income -511.42M482.43M449.60M523.10M
EBITDA -379.60M732.98M1.04B927.00M
Interest Expense -293.75M328.10M389.30M315.70M
Pretax Income --369.67M-62.12M177.20M211.00M
Tax Provision --61.51M-37.05M186.80M65.00M
Net Income --211.99M28.67M-1.38B180.80M
Diluted EPS --0.330.03-1.900.27

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -17.63B18.37B16.96B14.14B
Current Assets -1.09B1.07B1.14B1.20B
Cash & Equivalents -57.62M25.05M34.80M32.70M
Inventory -224.92M222.41M223.60M226.50M
Receivables -403.90M318.42M329.50M394.90M
Total Liabilities -10.47B11.43B10.78B9.09B
Current Liabilities -1.53B1.69B1.50B1.20B
Long Term Debt -7.09B6.88B6.21B6.17B
Total Debt -7.51B7.50B6.70B6.53B
Total Equity -5.22B5.04B4.71B4.64B
Shares Outstanding -683.61M689.27M767.34M768.35M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -619.10M628.03M481.70M593.60M
Investing Cash Flow --1.79B-1.10B132.80M1.16B
Financing Cash Flow -1.11B442.81M-556.40M-1.81B
Capital Expenditure --1.09B-1.03B-872.40M-771.90M
Free Cash Flow --469.93M-398.14M-390.70M-178.30M
Net Change in Cash --59.08M-24.78M58.10M-54.20M

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -68.7%69.1%74.1%73.7%
Operating Margin % -18.5%20.1%19.4%21.5%
Net Margin % --7.7%1.2%-59.5%7.4%
ROE % --4.1%0.6%-29.3%3.9%
ROCE % -3.2%2.9%2.9%4.0%

Shareholding Pattern

Insiders
0.03%
Institutions
70.56%
Public Float
70.58%

Top Institutional Holders

#Holder% HeldSharesValue
1 Edgepoint Investment Group Inc. 11.48% 88.37M $472.80M
2 Starboard Value LP 7.43% 57.19M $305.96M
3 FIL LTD 5.11% 39.33M $210.44M
4 Vanguard Capital Management LLC 2.93% 22.52M $120.51M
5 Bank of Montreal /CAN/ 2.68% 20.66M $110.51M
6 Mitsubishi UFJ Trust & Banking Corp 1.92% 14.82M $79.27M
7 British Columbia Investment Management Corp 1.76% 13.58M $72.63M
8 ClearBridge Investments, LLC 1.75% 13.50M $72.21M
9 Royal Bank of Canada 1.58% 12.14M $64.96M
10 Principal Financial Group, Inc. 1.50% 11.57M $61.89M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for AQN

Google News Sun, 09 Aug 2026

Algonquin Power & Utilities (TSX:AQN) Stock Looks Cheap Despite US Redomicile Plan - finance.yahoo.com

<a href="https://news.google.com/rss/articles/CBMinwFBVV95cUxON1dqZk5CQ2RkaW1NYzlyUnJUMHYxR0xyV0dTekl3bmM4UjE5Q0Y0WXR6UlV0RVRBTE9fakswSW0xZ21fbFZyVnRxa05XazA2VHFDSzlqd2dXekRjcEs2ZzdGWGo4ZEdZVWZ6d0ExNEpKSVh1T2kyQzJZUFRuTnpnYURwcnhsejNaNURHa0…

Google News ue, 08 Sep 2026

Algonquin Power & Utilities Corp. (AQN) Stock: Here's What Investors Are Watching - kalkine.ca

<a href="https://news.google.com/rss/articles/CBMirAFBVV95cUxQVFBBV0V6SDVRaUdhQzhJcEZtVjY3QWpNRFZON1YtdW5DV05VUjM1eGs4M1FtYlI1SUp0clFKQ3o1NFNqeHFlemFmNGY2QmhzZjlscTFiX0FETGpjMTRJQ1JsZjV2NUd6dENpZEtVbFdUZkZzcVZNX19iRllkMWpFNmhvMXdZa0lnOVVXVz…

Google News Sun, 06 Sep 2026

Liquidity Mapping Around (AQN) Price Events - Stock Traders Daily

<a href="https://news.google.com/rss/articles/CBMivgFBVV95cUxQSWZqRjdtY2JKOHNmaElXRE1fYXFhNlpUXzJWRmxBVGdZeHVEcHBnSTZaSWUwcTN3SjR4QnVkWFRIZHctQjJ1TUxtRXQwWFQ3YVR3ZHZHcWFCaHAxWGltVERFOHNTbHA4VDRaQ3FFMjk3VENyay1WUEdhZ0VFOGt3Q3ZCMzJHT2tNUnhJY2…

Google News Fri, 07 Aug 2026

Algonquin sets October cash dividends, including C$0.42831 per share - Stock Titan

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Google News Fri, 29 May 2026

AQN - Finviz

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Google News ue, 28 Jul 2026

Algonquin Power & Utilities: Unloved And Undervalued With Potential To Re-Rate - Seeking Alpha

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AQN — Frequently Asked Questions

What is the current share price of Algonquin Power & Utilities Corp. (AQN)?

As of 2026-09-19 21:16 PDT, Algonquin Power & Utilities Corp. (AQN) trades at $5.68 on NYSE. Its 52-week range is $5.26 to $6.83.

What is the market capitalisation of AQN?

Algonquin Power & Utilities Corp. (AQN) has a market capitalisation of $4.37B on NYSE.

What is the P/E ratio of AQN?

AQN trades at a trailing price-to-earnings (P/E) ratio of 23.67. The industry average P/E is 21.22. Its price-to-book (P/B) ratio is 0.97.

Does AQN pay a dividend?

Algonquin Power & Utilities Corp. (AQN) currently offers a dividend yield of 4.58%.

What is the return on equity (ROE) of AQN?

AQN has a return on equity (ROE) of 2.49%. Its return on capital employed (ROCE) is 4.04%.

Is AQN a good stock to buy?

This page provides a data-driven analysis of Algonquin Power & Utilities Corp. (AQN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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