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Algonquin Power & Utilities Corp.

NYSE•AQN
CEO: Mr. Christopher G. H. Huskilson
Sector: Utilities
Industry: Renewable Utilities
Listing Date: 2009-12-29
Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2023, it provided distribution services to approximately 1,256,000 customer connections in the electric (approximately 309,000 customer connections), water and wastewater (approximately 572,000 customer connections), and natural gas sectors (approximately 375,000 customer connections). The company's 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, and in Bermuda. Its regulated water distribution and wastewater collection utility systems are located in the states of Arizona, Arkansas, California, Illinois, Missouri, New York and Texas, and in Chile. The company's regulated natural gas distribution utility systems located in the province of New Brunswick and the states of Georgia, Illinois, Iowa, Massachusetts, Missouri, New Hampshire and New York. 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. The company generates and sells electrical energy, capacity, ancillary products, and renewable attributes produced by its renewable and clean power generation facilities. It has economic interests in hydroelectric, wind, solar, renewable natural gas, and thermal facilities. As of December 31, 2023, it had a combined net generating capacity attributable to the Renewable Energy Group of approximately 2.7 GW. The company was incorporated in 1988 and is headquartered in Oakville, Canada.
Contact Information
354 Davis Road, Oakville, ON, L6J 2X1, Canada
905-465-4500
algonquinpower.com
Market Cap
$4.74B
P/E (TTM)
-178.4
42.5
Dividend Yield
4.3%
52W High
$7.11
52W Low
$4.45
52W Range
65%
Rank43Top 50.7%
3.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$582.70M+1.66%
4-Quarter Trend

EPS

$0.05-101.82%
4-Quarter Trend

FCF

-$52.20M+0.00%
4-Quarter Trend

2026 Annual Earnings Highlights

Key Highlights

Annual Report Filing Complete Form 40-F filed for fiscal year ended December 31, 2025; includes AIF and audited financial statements.
Common Share Count Confirmed 768,351,419 Common Shares outstanding as of December 31, 2025; listed on NYSE under AQN symbol.
Audit Experts Designated Two independent audit committee financial experts designated, complying with Canadian and NYSE Rule 10A-3 standards.

Risk Factors

Non-GAAP Measure Shift Dropped Adjusted EBITDA and Adjusted FFO metrics starting Q1 2025 following renewable energy business divestiture completion.
Governance Standard Differences Corporate governance practices differ from strict NYSE rules, relying on Canadian National Instrument standards for independence.
Forward-Looking Statement Caution Forward-looking information subject to risks; actual results may differ materially from management's current expectations.

Outlook

MD&A Incorporated Reference Management's Discussion and Analysis (Exhibit 99.3) incorporated by reference for detailed operational review and liquidity.
SOX Certifications Filed CEO and CFO certifications provided under Sarbanes-Oxley Sections 302 and 906 included in exhibits for review.
Interactive Data Availability Required Inline Interactive Data File (Exhibit 101) filed, supporting electronic data submission requirements for 2025.

Peer Comparison

Revenue (TTM)

PCG stock ticker logoPCG
$24.94B
+2.1%
BEPC stock ticker logoBEPC
$3.73B
-10.0%
SR stock ticker logoSR
$2.57B
+2.6%

Gross Margin (Latest Quarter)

AQN stock ticker logoAQN
78.3%
-0.6pp
BEPC stock ticker logoBEPC
56.9%
-0.6pp
RNW stock ticker logoRNW
56.6%
-13.9pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
PCG$40.05B14.98.6%43.3%
CWEN$7.65B26.55.9%61.2%
BEPC$5.98B-3.2-1196.7%33.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.1%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:May 7, 2026
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EPS:-
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Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
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Income Statement
LTM
No Data