Compare Stocks

2 / 10
Try these comparisons:

Stock Comparison

AQN vs CLNE

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
AQN
Algonquin Power & Utilities Corp.

Renewable Utilities

UtilitiesNYSE • CA
Market Cap$4.82B
5Y Perf.-55.1%
CLNE
Clean Energy Fuels Corp.

Oil & Gas Refining & Marketing

EnergyNASDAQ • US
Market Cap$507M
5Y Perf.+10.5%

AQN vs CLNE — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
AQN logoAQN
CLNE logoCLNE
IndustryRenewable UtilitiesOil & Gas Refining & Marketing
Market Cap$4.82B$507M
Revenue (TTM)$2.39B$439M
Net Income (TTM)$-27M$-99M
Gross Margin65.0%11.7%
Operating Margin20.9%7.4%
Forward P/E17.4x
Total Debt$6.70B$99M
Cash & Equiv.$35M$158M

AQN vs CLNELong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

AQN
CLNE
StockMay 20May 26Return
Algonquin Power & U… (AQN)10044.9-55.1%
Clean Energy Fuels … (CLNE)100110.5+10.5%

Price return only. Dividends and distributions are not included.

Quick Verdict: AQN vs CLNE

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: AQN leads in 4 of 6 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. Clean Energy Fuels Corp. is the stronger pick specifically for growth and revenue expansion and recent price momentum and sentiment. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
AQN
Algonquin Power & Utilities Corp.
The Income Pick

AQN carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.

  • Dividend streak 0 yrs, beta 0.35, yield 5.9%
  • 32.5% 10Y total return vs CLNE's -26.9%
  • Lower volatility, beta 0.35, current ratio 0.76x
Best for: income & stability and long-term compounding
CLNE
Clean Energy Fuels Corp.
The Growth Play

CLNE is the clearest fit if your priority is growth exposure.

  • Rev growth 2.2%, EPS growth -173.0%, 3Y rev CAGR 0.4%
  • 2.2% revenue growth vs AQN's -3.5%
  • +44.4% vs AQN's +19.8%
Best for: growth exposure
See the full category breakdown
CategoryWinnerWhy
GrowthCLNE logoCLNE2.2% revenue growth vs AQN's -3.5%
Quality / MarginsAQN logoAQN-1.1% margin vs CLNE's -22.7%
Stability / SafetyAQN logoAQNBeta 0.35 vs CLNE's 1.19
DividendsAQN logoAQN5.9% yield; the other pay no meaningful dividend
Momentum (1Y)CLNE logoCLNE+44.4% vs AQN's +19.8%
Efficiency (ROA)AQN logoAQN-0.2% ROA vs CLNE's -9.2%, ROIC 2.5% vs -9.4%

AQN vs CLNE — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

AQNAlgonquin Power & Utilities Corp.
FY 2022
Regulated Electricity
46.2%$1.3B
Regulated Gas
24.8%$687M
Regulated Water
13.2%$364M
Non-Regulated Energy
12.7%$351M
Other Revenue
3.1%$86M
CLNEClean Energy Fuels Corp.
FY 2025
Product
77.0%$365M
Service
12.5%$59M
Station construction sales
7.2%$34M
LCFS Credits
2.7%$13M
Other services
0.6%$3M
Federal Alternative Fuels Tax Credit
0.0%$198,000

AQN vs CLNE — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLAQNLAGGINGCLNE

Income & Cash Flow (Last 12 Months)

AQN leads this category, winning 5 of 6 comparable metrics.

AQN is the larger business by revenue, generating $2.4B annually — 5.4x CLNE's $439M. AQN is the more profitable business, keeping -1.1% of every revenue dollar as net income compared to CLNE's -22.7%. On growth, CLNE holds the edge at +13.3% YoY revenue growth, suggesting stronger near-term business momentum.

MetricAQN logoAQNAlgonquin Power &…CLNE logoCLNEClean Energy Fuel…
RevenueTrailing 12 months$2.4B$439M
EBITDAEarnings before interest/tax$815M$62M
Net IncomeAfter-tax profit-$27M-$99M
Free Cash FlowCash after capex$2.6B$19M
Gross MarginGross profit ÷ Revenue+65.0%+11.7%
Operating MarginEBIT ÷ Revenue+20.9%+7.4%
Net MarginNet income ÷ Revenue-1.1%-22.7%
FCF MarginFCF ÷ Revenue+109.1%+4.3%
Rev. Growth (YoY)Latest quarter vs prior year+1.7%+13.3%
EPS Growth (YoY)Latest quarter vs prior year+102.7%+90.0%
AQN leads this category, winning 5 of 6 comparable metrics.

Valuation Metrics

AQN leads this category, winning 3 of 4 comparable metrics.

On an enterprise value basis, AQN's 12.4x EV/EBITDA is more attractive than CLNE's 94.6x.

MetricAQN logoAQNAlgonquin Power &…CLNE logoCLNEClean Energy Fuel…
Market CapShares × price$4.8B$507M
Enterprise ValueMkt cap + debt − cash$11.5B$448M
Trailing P/EPrice ÷ TTM EPS-3.47x-2.29x
Forward P/EPrice ÷ next-FY EPS est.17.39x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple12.45x94.64x
Price / SalesMarket cap ÷ Revenue2.08x1.19x
Price / BookPrice ÷ Book value/share0.74x0.90x
Price / FCFMarket cap ÷ FCF8.47x
AQN leads this category, winning 3 of 4 comparable metrics.

Profitability & Efficiency

AQN leads this category, winning 6 of 9 comparable metrics.

AQN delivers a -0.5% return on equity — every $100 of shareholder capital generates $-0 in annual profit, vs $-17 for CLNE. CLNE carries lower financial leverage with a 0.18x debt-to-equity ratio, signaling a more conservative balance sheet compared to AQN's 1.08x. On the Piotroski fundamental quality scale (0–9), AQN scores 6/9 vs CLNE's 5/9, reflecting solid financial health.

MetricAQN logoAQNAlgonquin Power &…CLNE logoCLNEClean Energy Fuel…
ROE (TTM)Return on equity-0.5%-17.2%
ROA (TTM)Return on assets-0.2%-9.2%
ROICReturn on invested capital+2.5%-9.4%
ROCEReturn on capital employed+2.8%-9.4%
Piotroski ScoreFundamental quality 0–965
Debt / EquityFinancial leverage1.08x0.18x
Net DebtTotal debt minus cash$6.7B-$59M
Cash & Equiv.Liquid assets$35M$158M
Total DebtShort + long-term debt$6.7B$99M
Interest CoverageEBIT ÷ Interest expense1.29x-1.07x
AQN leads this category, winning 6 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

AQN leads this category, winning 4 of 6 comparable metrics.

A $10,000 investment in AQN five years ago would be worth $5,568 today (with dividends reinvested), compared to $2,619 for CLNE. Over the past 12 months, CLNE leads with a +44.4% total return vs AQN's +19.8%. The 3-year compound annual growth rate (CAGR) favors AQN at -6.0% vs CLNE's -18.7% — a key indicator of consistent wealth creation.

MetricAQN logoAQNAlgonquin Power &…CLNE logoCLNEClean Energy Fuel…
YTD ReturnYear-to-date+3.7%+6.9%
1-Year ReturnPast 12 months+19.8%+44.4%
3-Year ReturnCumulative with dividends-16.8%-46.3%
5-Year ReturnCumulative with dividends-44.3%-73.8%
10-Year ReturnCumulative with dividends+32.5%-26.9%
CAGR (3Y)Annualised 3-year return-6.0%-18.7%
AQN leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

AQN leads this category, winning 2 of 2 comparable metrics.

AQN is the less volatile stock with a 0.35 beta — it tends to amplify market swings less than CLNE's 1.19 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. AQN currently trades 88.3% from its 52-week high vs CLNE's 74.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricAQN logoAQNAlgonquin Power &…CLNE logoCLNEClean Energy Fuel…
Beta (5Y)Sensitivity to S&P 5000.35x1.19x
52-Week HighHighest price in past year$7.11$3.11
52-Week LowLowest price in past year$5.32$1.56
% of 52W HighCurrent price vs 52-week peak+88.3%+74.3%
RSI (14)Momentum oscillator 0–10051.744.6
Avg Volume (50D)Average daily shares traded4.1M1.3M
AQN leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Wall Street rates AQN as "Hold" and CLNE as "Buy". Consensus price targets imply 51.5% upside for CLNE (target: $4) vs 8.1% for AQN (target: $7). AQN is the only dividend payer here at 5.91% yield — a key consideration for income-focused portfolios.

MetricAQN logoAQNAlgonquin Power &…CLNE logoCLNEClean Energy Fuel…
Analyst RatingConsensus buy/hold/sellHoldBuy
Price TargetConsensus 12-month target$6.79$3.50
# AnalystsCovering analysts1322
Dividend YieldAnnual dividend ÷ price+5.9%
Dividend StreakConsecutive years of raises0
Dividend / ShareAnnual DPS$0.37
Buyback YieldShare repurchases ÷ mkt cap0.0%+1.6%
Insufficient data to determine a leader in this category.
Key Takeaway

AQN leads in 5 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics.

Best OverallAlgonquin Power & Utilities… (AQN)Leads 5 of 6 categories
Loading custom metrics...

AQN vs CLNE: Frequently Asked Questions

9 questions · data-driven answers · updated daily

01

Is AQN or CLNE a better buy right now?

For growth investors, Clean Energy Fuels Corp.

(CLNE) is the stronger pick with 2. 2% revenue growth year-over-year, versus -3. 5% for Algonquin Power & Utilities Corp. (AQN). Analysts rate Clean Energy Fuels Corp. (CLNE) a "Buy" — based on 22 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — AQN or CLNE?

Over the past 5 years, Algonquin Power & Utilities Corp.

(AQN) delivered a total return of -44. 3%, compared to -73. 8% for Clean Energy Fuels Corp. (CLNE). Over 10 years, the gap is even starker: AQN returned +32. 5% versus CLNE's -26. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — AQN or CLNE?

By beta (market sensitivity over 5 years), Algonquin Power & Utilities Corp.

(AQN) is the lower-risk stock at 0. 35β versus Clean Energy Fuels Corp. 's 1. 19β — meaning CLNE is approximately 240% more volatile than AQN relative to the S&P 500. On balance sheet safety, Clean Energy Fuels Corp. (CLNE) carries a lower debt/equity ratio of 18% versus 108% for Algonquin Power & Utilities Corp. — giving it more financial flexibility in a downturn.

04

Which is growing faster — AQN or CLNE?

By revenue growth (latest reported year), Clean Energy Fuels Corp.

(CLNE) is pulling ahead at 2. 2% versus -3. 5% for Algonquin Power & Utilities Corp. (AQN). On earnings-per-share growth, the picture is similar: Clean Energy Fuels Corp. grew EPS -173. 0% year-over-year, compared to -61. 3% for Algonquin Power & Utilities Corp.. Over a 3-year CAGR, AQN leads at 0. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

05

Which has better profit margins — AQN or CLNE?

Clean Energy Fuels Corp.

(CLNE) is the more profitable company, earning -52. 3% net margin versus -59. 5% for Algonquin Power & Utilities Corp. — meaning it keeps -52. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AQN leads at 19. 2% versus -22. 1% for CLNE. At the gross margin level — before operating expenses — AQN leads at 74. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Is AQN or CLNE more undervalued right now?

Analyst consensus price targets imply the most upside for CLNE: 51.

5% to $3. 50.

07

Which pays a better dividend — AQN or CLNE?

In this comparison, AQN (5.

9% yield) pays a dividend. CLNE does not pay a meaningful dividend and should not be held primarily for income.

08

Is AQN or CLNE better for a retirement portfolio?

For long-horizon retirement investors, Algonquin Power & Utilities Corp.

(AQN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 35), 5. 9% yield). Both have compounded well over 10 years (AQN: +32. 5%, CLNE: -26. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

09

What are the main differences between AQN and CLNE?

These companies operate in different sectors (AQN (Utilities) and CLNE (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: AQN is a small-cap income-oriented stock; CLNE is a small-cap quality compounder stock. AQN pays a dividend while CLNE does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.

Stocks Like

AQN

Income & Dividend Stock

  • Sector: Utilities
  • Market Cap > $100B
  • Gross Margin > 39%
  • Dividend Yield > 2.3%
Run This Screen
Stocks Like

CLNE

Quality Business

  • Sector: Energy
  • Market Cap > $100B
  • Revenue Growth > 6%
Run This Screen
Custom Screen

Beat Both

Find stocks that outperform AQN and CLNE on the metrics below

Revenue Growth>
%
(AQN: 1.7% · CLNE: 13.3%)

You Might Also Compare

Based on how these companies actually compete and overlap — not just which sector they're filed under.