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Algonquin Power & Utilities AQN.TO · CAD

Utilities · Toronto Stock Exchange · 🇨🇦 Canada

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7.98

+2.31%

Close of 9 Nov 2026, in CAD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$2.45bn

FY2016FY2025

Net income

$184.8m

FY2016FY2025

Free cash flow

−$181.4m

FY2016FY2025

Shareholders' equity

$4.63bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$2.45bn$2.32bn$2.40bn$2.77bn$2.27bn$1.68bn$1.63bn$1.65bn$1.52bn$816.2m
Operating income$505.3m$446.1m$467.3m$402.0m$413.1m$341.1m$352.7m$378.4m$377.2m$174.6m
Net income$184.8m−$1.38bn$28.7m−$212.0m$264.9m$782.5m$530.9m$185.0m$101.7m$68.8m
Diluted earnings per share0.24-1.960.04-0.310.391.291.010.370.230.20

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$14.11bn$16.96bn$18.37bn$17.63bn$16.80bn$13.22bn$10.92bn$9.40bn$8.38bn$6.14bn
Cash and short-term investments$32.6m$34.8m$25.1m$57.6m$125.2m$101.6m$62.5m$46.8m$43.4m$82.1m
Total liabilities$9.07bn$10.78bn$11.43bn$10.47bn$9.10bn$7.23bn$6.18bn$5.36bn$5.02bn$4.27bn
Debt$6.53bn$6.73bn$7.51bn$7.53bn$6.25bn$4.60bn$3.94bn$3.34bn$3.08bn$3.26bn
Shareholders' equity$4.63bn$4.71bn$5.04bn$5.22bn$5.86bn$5.20bn$3.88bn$3.18bn$2.71bn$1.43bn
Shares outstanding776m704m697m679m678m605m526m496m437m347m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$604.0m$458.6m$638.2m$600.7m$154.8m$530.8m$609.2m$504.8m$359.9m$213.0m
Capital spending−$785.4m−$830.5m−$1.04bn−$1.06bn−$1.32bn−$825.9m−$579.3m−$443.9m−$581.8m−$300.1m
Free cash flow−$181.4m−$371.9m−$404.6m−$455.9m−$1.17bn−$295.1m$29.8m$60.9m−$221.9m−$87.2m
Dividends paid−$215.5m−$281.4m−$336.2m−$375.8m−$310.8m−$275.5m−$204.2m−$166.0m−$142.0m−$95.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$543.9m$771.5m$637.1m$582.7m$527.8m$692.4m$584.8m$573.2m
Operating income$87.4m$170.0m$112.6m$149.7m$64.8m$178.9m$105.9m$111.1m
Net income$3.6m$84.8m$21.3m$38.9m$24.1m$96.8m−$186.4m−$1.31bn
Diluted earnings per share0.000.110.030.050.030.12-0.26-1.85
Cash from operations$279.0m$42.0m$178.0m$98.0m$258.0m$74.0m$49.0m$67.0m
Capital spending−$155.0m−$126.0m−$223.0m−$150.0m−$187.0m−$223.0m−$264.0m−$183.0m
Free cash flow$124.0m−$84.0m−$45.0m−$52.0m$71.0m−$149.0m−$215.0m−$116.0m
Total assets$13.92bn$14.06bn$14.11bn$13.79bn$13.69bn$13.66bn$16.96bn$17.79bn
Cash and short-term investments$55.0m$55.5m$32.6m$62.2m$54.3m$72.2m$34.8m$64.3m
Debt$6.64bn$6.69bn$6.53bn$6.43bn$6.33bn$6.32bn$6.70bn$7.48bn
Shareholders' equity$4.62bn$4.66bn$4.63bn$4.64bn$4.68bn$4.69bn$4.71bn$4.84bn

Financial ratios

Data as of 15 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin20.5%18.8%19.2%18.1%15.6%20.3%
Net margin7.5%-59.5%1.2%-7.7%11.6%46.7%
Return on equity4.0%-29.3%0.6%-4.1%4.5%15.0%
Return on assets1.3%-8.1%0.2%-1.2%1.6%5.9%
Free cash flow yield24.4%24.9%32.8%33.3%29.7%30.5%
Revenue growth5.6%-3.5%-13.1%21.6%35.6%3.1%
Earnings growth-113.4%-4914.5%-113.5%-180.0%-66.2%47.4%
Current ratio1.00x0.76x0.63x0.71x0.69x0.73x
Debt to equity1.41x1.42x1.69x1.44x1.06x0.88x
Equity ratio32.8%27.8%27.4%29.6%34.9%39.3%
Interest coverage1.75x1.26x1.48x1.85x1.73x1.78x
Buybacks as a share of market value-10.2%-0.9%-2.8%-0.1%-12.1%-15.1%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-4.0%7.9%12.7%
Operating income7.9%8.2%14.3%
Net income—-25.1%11.6%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin20.0%18.3%18.5%19.7%
Net margin-25.1%-13.9%-2.4%3.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings25.8-2.4148.2-20.634.111.813.326.844.041.8
Price to sales1.91.41.81.64.05.54.33.02.93.5

Dividends and splits

Per share, in the currency the company pays

Paid for 28 years. Last went ex-dividend on 29 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.2470.260.4170.4340.7130.6670.6060.551

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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