Algonquin Power & Utilities Corp. (AQNB)

26.28 -0.04% (-0.01)

Over 5Y: +33.2%

2026-08-28
20 25
2021 2022 2023 2024 2025 2026

Financials Annual

FY21 — Revenue: 2.3B FY21 — Operating Cash Flow: 157.5M FY21 — Free Cash Flow: -1.2B FY21 — Net Income: 264.9M FY22 — Revenue: 2.8B FY22 — Operating Cash Flow: 619.1M FY22 — Free Cash Flow: -469.9M FY22 — Net Income: -212M FY23 — Revenue: 2.4B FY23 — Operating Cash Flow: 628M FY23 — Free Cash Flow: -398.1M FY23 — Net Income: 28.7M FY24 — Revenue: 2.3B FY24 — Operating Cash Flow: 481.7M FY24 — Free Cash Flow: -390.7M FY24 — Net Income: -1.4B FY25 — Revenue: 2.4B FY25 — Operating Cash Flow: 593.6M FY25 — Free Cash Flow: -178.3M FY25 — Net Income: 180.8M -900M 0 900M 1.8B 2.7B 3.6B
FY21 FY22 FY23 FY24 FY25
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2025-12-31, reported in USD. The newest fact in the filings is dated 2025-12-31, 242 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

4.5
SBC / sales 0.53%
Oper. margin 20.7%
ROIC 3.5%
OE margin -7.9%
Accruals -2.9%
OCF margin 24.4%
OCF / EBIT 1.2×
ROA 1.3%
ROCE 3.9%
ROE 3.9%
FCF margin -7.3%
Gross margin —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

3.3
Segment HHI 0.96 HHI
RPO / sales —
RPO growth —

2 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.5
ND/EBITDA —
F-score 6.8 pts
Quick ratio 1.0×
Cash / Debt 0.0047×
Debt / Eq 1.5×
Payout 111.3%
Cash runway —
Debt payback —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

3.5
Sales/sh Y/Y -0.29%
EBIT Y/Y +13.1%
EBIT CAGR +5.1%
Div. growth -29.4%
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —
Sales Q/Q —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.