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Algonquin Power & Utilities Corp. logo

Algonquin Power & Utilities Corp.

AQNB

NYSEUtilitiesDiversified Utilities

Open in GoAI

Previous close

$26.06

−$0.01 · -0.04%

Aug 21, 4:00 PM ET

AQNB company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

71

Undervalued

Momentum

44

Neutral

Sentiment

49

Mixed

Risk resilience

87

Low Risk

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Company profile

Company website

Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the Regulated Services Group and Renewable Energy Group segments. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission. The Renewable Energy Group segment focuses on operating a diversified portfolio of renewable and thermal electric generation assets. The company was founded on August 1, 1988 and is headquartered in Oakville, Canada.

Industry
Diversified Utilities
Sector
Utilities
Headquarters
CA
CEO
Roderick K. West
Listed since
May 28, 2019
Employees
3,233

Market position

Day range

Current $26.06

52-week range

Current $26.06

Open
$26.14
Previous close
$26.07
Volume
20.66K
0.85× average
Average volume
24.29K
Average daily volume
Market cap
19.13B USD
Beta
0.17
Market reference 1
50-day average
$25.6017
+1.79% above average
200-day average
$25.7903
+1.05% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
23.57B USD
P/E (TTM)
31.29×
P/B (TTM)
0.95×
P/S (TTM)
1.73×
EV / EBITDA
25.63×
Earnings yield
1.06%
Free cash flow yield
-1.05%
Dividend yield
4.56%

Profitability & efficiency

Gross margin
31.88%
Operating margin
20.50%
Net margin
5.86%
Return on equity
3.90%
Return on assets
1.28%
Return on invested capital
2.63%

Financial health

Debt / equity
1.44×
Current ratio
1×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends48%9%-30%-69%Gross margin, FY2021: 17.96%Gross margin, FY2022: 19.54%Gross margin, FY2023: 31.00%Gross margin, FY2024: 36.44%Gross margin, FY2025: 37.94%Operating margin, FY2021: 18.80%Operating margin, FY2022: 15.50%Operating margin, FY2023: 17.32%Operating margin, FY2024: 19.23%Operating margin, FY2025: 20.74%Net margin, FY2021: 11.95%Net margin, FY2022: -7.85%Net margin, FY2023: 0.75%Net margin, FY2024: -59.52%Net margin, FY2025: 7.43%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 17.96%. Gross margin FY2022 19.54%. Gross margin FY2023 31.00%. Gross margin FY2024 36.44%. Gross margin FY2025 37.94%. Operating margin FY2021 18.80%. Operating margin FY2022 15.50%. Operating margin FY2023 17.32%. Operating margin FY2024 19.23%. Operating margin FY2025 20.74%. Net margin FY2021 11.95%. Net margin FY2022 -7.85%. Net margin FY2023 0.75%. Net margin FY2024 -59.52%. Net margin FY2025 7.43%.

Income trends

Revenue

2.43B USD+4.92%

Operating income

504.7M USD+13.14%

Net income

180.8M USD+1.56B USD
Income trends across reported periods3.11B USD1.47B USD−156.96M USD−1.79B USDRevenue, FY2021: 2.2B USDRevenue, FY2022: 2.59B USDRevenue, FY2023: 2.7B USDRevenue, FY2024: 2.32B USDRevenue, FY2025: 2.43B USDOperating income, FY2021: 413.1M USDOperating income, FY2022: 402.05M USDOperating income, FY2023: 467.29M USDOperating income, FY2024: 446.09M USDOperating income, FY2025: 504.7M USDNet income, FY2021: 262.53M USDNet income, FY2022: −203.59M USDNet income, FY2023: 20.32M USDNet income, FY2024: −1.38B USDNet income, FY2025: 180.8M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.2B USD. Revenue FY2022 2.59B USD. Revenue FY2023 2.7B USD. Revenue FY2024 2.32B USD. Revenue FY2025 2.43B USD. Operating income FY2021 413.1M USD. Operating income FY2022 402.05M USD. Operating income FY2023 467.29M USD. Operating income FY2024 446.09M USD. Operating income FY2025 504.7M USD. Net income FY2021 262.53M USD. Net income FY2022 −203.59M USD. Net income FY2023 20.32M USD. Net income FY2024 −1.38B USD. Net income FY2025 180.8M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.43B USD2.32B USD2.7B USD2.59B USD2.2B USD
Cost of goods sold1.51B USD1.47B USD2.15B USD2.09B USD1.8B USD
Gross profit923.4M USD845.26M USD836.51M USD507.01M USD394.61M USD
Selling, general, and administrative3.7M USD14.1M USD92.02M USD77.05M USD66.14M USD
Operating expenses418.7M USD399.17M USD369.22M USD77.05M USD66.14M USD
Interest income——49.44M USD23.15M USD20.59M USD
Interest expense—363.58M USD375.09M USD277.91M USD214.17M USD
Depreciation and amortization400.3M USD395.69M USD354.08M USD455.52M USD402.96M USD
Operating income504.7M USD446.09M USD467.29M USD402.05M USD413.1M USD
Net income180.8M USD−1.38B USD20.32M USD−203.59M USD262.53M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
0.27
FY2025 · +80.00% year over year
Latest fiscal-year revenue
2.43B USD
FY2025 · +4.92% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend0.470.19-0.09-0.37FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend2.75B2.55B2.35B2.15BFY21FY22FY23FY24FY25

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ETFs holding AQNB

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Preferred and Income Securities ETF logoiShares Preferred and Income Securities ETFPFF
Market value
22.56M
Weight
0.17%
AUM
13.06B USD
Expense ratio
0.45%
Price / 1D
$30.46+0.03%
VanEck Preferred Securities ex Financials ETF logoVanEck Preferred Securities ex Financials ETFPFXF
Market value
9.02M
Weight
0.38%
AUM
2.4B USD
Expense ratio
0.40%
Price / 1D
$17.97+0.45%
Invesco Variable Rate Preferred ETF logoInvesco Variable Rate Preferred ETFVRP
Market value
3.88M
Weight
0.13%
AUM
3.02B USD
Expense ratio
0.50%
Price / 1D
$24.17+0.12%
Multi-Asset Diversified Income Index Fund logoMulti-Asset Diversified Income Index FundMDIV
Market value
3.4M
Weight
0.78%
AUM
431.44M USD
Expense ratio
0.83%
Price / 1D
$16.80-0.67%
AAM Low Duration Preferred and Income Securities ETF logoAAM Low Duration Preferred and Income Securities ETFPFLD
Market value
692.9K
Weight
0.17%
AUM
487.73M USD
Expense ratio
0.45%
Price / 1D
$19.550.00%
Cohen & Steers Preferred and Income Opportunities Active ETF logoCohen & Steers Preferred and Income Opportunities Active ETFCSPF
Market value
437.17K
Weight
0.14%
AUM
65.77M USD
Expense ratio
0.59%
Price / 1D
$25.98+0.19%
John Hancock Investments - Preferred Income ETF logoJohn Hancock Investments - Preferred Income ETFJHPI
Market value
299.33K
Weight
0.15%
AUM
217.46M USD
Expense ratio
0.54%
Price / 1D
$22.48-0.11%
Cohen & Steers Short Duration Preferred and Income Active ETF logoCohen & Steers Short Duration Preferred and Income Active ETFCSSD
Market value
119.69K
Weight
0.20%
AUM
17M USD
Expense ratio
0.49%
Price / 1D
$25.17+0.12%

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