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Algonquin Power & Utilities Cor AQNB

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25.47 USD +0.07 (+0.28%)

Nov 6, 2026, 3:59 PM EST

25.36 Day range 25.50
25.35 52-week range 26.55
YTD
+0.08%
1 year
-0.89%

Financial health

Altman Z-Score

1.25 Distress zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

7 / 9 Strong

Nine pass/fail tests of profitability, leverage and efficiency.

Rating

C-1 / 5 overall

  • DCF 1
  • Return on Equity 1
  • Return on Assets 2
  • Debt / Equity 3
  • P/E 1
  • P/B 1

Valuation

P/E 26.7×
FY 2016: 25.7×FY 2017: 29.5×FY 2018: 25.2×FY 2019: 13.3×FY 2020: 11.9×FY 2021: 35.2×FY 2022: -13.3×FY 2023: 302×FY 2024: -2.3×FY 2025: 26.7×
FY 2016 5y median 26.7× FY 2025
P/S 1.9×
FY 2016: 2.8×FY 2017: 2.8×FY 2018: 2.8×FY 2019: 4.3×FY 2020: 5.5×FY 2021: 4.0×FY 2022: 1.5×FY 2023: 1.8×FY 2024: 1.4×FY 2025: 1.9×
FY 2016 5y median 1.8× FY 2025
P/B 1.0×
FY 2016: 1.6×FY 2017: 1.6×FY 2018: 1.5×FY 2019: 1.8×FY 2020: 1.8×FY 2021: 1.6×FY 2022: 0.8×FY 2023: 0.9×FY 2024: 0.7×FY 2025: 1.0×
FY 2016 5y median 0.9× FY 2025
P/FCF -26.0×
FY 2016: -26.4×FY 2017: -19.3×FY 2018: 76.3×FY 2019: 237×FY 2020: -31.4×FY 2021: -7.8×FY 2022: -9.0×FY 2023: -10.8×FY 2024: -8.7×FY 2025: -26.0×
FY 2016 5y median -9.0× FY 2025
EV/EBITDA 12.3×
FY 2016: 16.9×FY 2017: 11.7×FY 2018: 12.5×FY 2019: 17.2×FY 2020: 21.0×FY 2021: 20.0×FY 2022: 12.1×FY 2023: 14.4×FY 2024: 11.9×FY 2025: 12.3×
FY 2016 5y median 12.3× FY 2025
EV/Sales 4.6×
FY 2016: 6.6×FY 2017: 4.8×FY 2018: 4.8×FY 2019: 6.7×FY 2020: 8.2×FY 2021: 6.7×FY 2022: 4.2×FY 2023: 4.9×FY 2024: 4.3×FY 2025: 4.6×
FY 2016 5y median 4.6× FY 2025
FCF Yield -3.8%
FY 2016: -3.8%FY 2017: -5.2%FY 2018: 1.3%FY 2019: 0.4%FY 2020: -3.2%FY 2021: -12.9%FY 2022: -11.1%FY 2023: -9.3%FY 2024: -11.5%FY 2025: -3.8%
FY 2016 5y median -11.1% FY 2025

Profitability

Gross Margin 24.0%
FY 2016: 42.7%FY 2017: 44.6%FY 2018: 42.0%FY 2019: 43.7%FY 2020: 45.3%FY 2021: 37.7%FY 2022: 37.9%FY 2023: 34.8%FY 2024: 36.4%FY 2025: 24.0%
FY 2016 5y median 36.4% FY 2025
Operating Margin 20.6%
FY 2016: 21.4%FY 2017: 24.8%FY 2018: 23.0%FY 2019: 22.6%FY 2020: 22.9%FY 2021: 18.2%FY 2022: 14.5%FY 2023: 19.4%FY 2024: 19.2%FY 2025: 20.6%
FY 2016 5y median 19.2% FY 2025
Net Margin 7.5%
FY 2016: 8.4%FY 2017: 6.7%FY 2018: 11.2%FY 2019: 32.6%FY 2020: 46.7%FY 2021: 11.6%FY 2022: -7.7%FY 2023: 1.2%FY 2024: -59.5%FY 2025: 7.5%
FY 2016 5y median 1.2% FY 2025
ROE 4.0%
FY 2016: 4.8%FY 2017: 3.8%FY 2018: 5.8%FY 2019: 13.7%FY 2020: 15.0%FY 2021: 4.5%FY 2022: -4.1%FY 2023: 0.6%FY 2024: -29.3%FY 2025: 4.0%
FY 2016 5y median 0.6% FY 2025
ROIC 2.6%
FY 2016: 2.2%FY 2017: 2.8%FY 2018: 2.5%FY 2019: 3.1%FY 2020: 2.8%FY 2021: 2.6%FY 2022: 2.0%FY 2023: 1.1%FY 2024: -0.2%FY 2025: 2.6%
FY 2016 5y median 2.0% FY 2025
ROA 1.3%
FY 2016: 1.1%FY 2017: 1.2%FY 2018: 2.0%FY 2019: 4.9%FY 2020: 5.9%FY 2021: 1.6%FY 2022: -1.2%FY 2023: 0.2%FY 2024: -8.1%FY 2025: 1.3%
FY 2016 5y median 0.2% FY 2025

Growth (YoY)

Revenue 5.6%
FY 2016: 10.2%FY 2017: 86.5%FY 2018: 8.3%FY 2019: -1.3%FY 2020: 3.1%FY 2021: 35.6%FY 2022: 21.6%FY 2023: -13.1%FY 2024: -3.5%FY 2025: 5.6%
FY 2016 FY 2025
Operating Income 13.3%
FY 2016: 31.5%FY 2017: 115.6%FY 2018: 0.3%FY 2019: -3.1%FY 2020: 4.7%FY 2021: 7.6%FY 2022: -2.7%FY 2023: 16.2%FY 2024: -4.5%FY 2025: 13.3%
FY 2016 FY 2025
EPS (diluted) 112.1%
FY 2016: 10.0%FY 2017: 12.1%FY 2018: 8.1%FY 2019: 165.0%FY 2020: 29.2%FY 2021: -70.1%FY 2022: -219.5%FY 2023: 108.5%FY 2024: -4678.3%FY 2025: 112.1%
FY 2016 FY 2025
Free Cash Flow 51.2%
FY 2016: -304.5%FY 2017: -154.6%FY 2018: 127.4%FY 2019: -51.0%FY 2020: -1089.3%FY 2021: -295.7%FY 2022: 61.0%FY 2023: 11.3%FY 2024: 8.1%FY 2025: 51.2%
FY 2016 FY 2025

Financial Health

Current Ratio 1.0×
FY 2016: 0.9×FY 2017: 0.9×FY 2018: 1.0×FY 2019: 0.6×FY 2020: 0.7×FY 2021: 0.7×FY 2022: 0.7×FY 2023: 0.6×FY 2024: 0.8×FY 2025: 1.0×
FY 2016 5y median 0.7× FY 2025
Quick Ratio 0.8×
FY 2016: 0.8×FY 2017: 0.7×FY 2018: 0.8×FY 2019: 0.5×FY 2020: 0.6×FY 2021: 0.6×FY 2022: 0.6×FY 2023: 0.5×FY 2024: 0.6×FY 2025: 0.8×
FY 2016 5y median 0.6× FY 2025
Debt / Equity 1.4×
FY 2016: 2.2×FY 2017: 1.1×FY 2018: 1.1×FY 2019: 1.0×FY 2020: 0.9×FY 2021: 1.1×FY 2022: 1.4×FY 2023: 1.5×FY 2024: 1.4×FY 2025: 1.4×
FY 2016 5y median 1.4× FY 2025
Net Debt / EBITDA 7.1×
FY 2016: 9.7×FY 2017: 4.9×FY 2018: 5.2×FY 2019: 6.1×FY 2020: 6.9×FY 2021: 8.1×FY 2022: 7.8×FY 2023: 9.1×FY 2024: 8.0×FY 2025: 7.1×
FY 2016 5y median 8.0× FY 2025
Interest Coverage 1.8×
FY 2016: 1.8×FY 2017: 2.4×FY 2018: 2.6×FY 2019: 2.0×FY 2020: 2.0×FY 2021: 2.0×FY 2022: 1.5×FY 2023: 1.5×FY 2024: 1.3×FY 2025: 1.8×
FY 2016 5y median 1.5× FY 2025

Dividends

Dividend Yield 4.6%
FY 2016: 4.1%FY 2017: 3.3%FY 2018: 3.6%FY 2019: 2.9%FY 2020: 3.0%FY 2021: 3.4%FY 2022: 9.2%FY 2023: 7.7%FY 2024: 8.7%FY 2025: 4.6%
FY 2016 5y median 7.7% FY 2025
Payout Ratio 116.6%
FY 2016: 138.2%FY 2017: 139.6%FY 2018: 89.7%FY 2019: 38.5%FY 2020: 35.2%FY 2021: 117.3%FY 2022: -177.3%FY 2023: 1172.4%FY 2024: -20.4%FY 2025: 116.6%
FY 2016 5y median 116.6% FY 2025

Annual · latest fiscal year ends 2025-12-31