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AQNB vs AES
Revenue, margins, valuation, and 5-year total return — side by side.
Diversified Utilities
AQNB vs AES — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Regulated Electric | Diversified Utilities |
| Market Cap | $19.17B | $10.23B |
| Revenue (TTM) | $2.38B | $12.49B |
| Net Income (TTM) | $-1.37B | $1.05B |
| Gross Margin | 37.2% | 14.2% |
| Operating Margin | 19.4% | 11.8% |
| Forward P/E | 174.1x | 6.2x |
| Total Debt | $6.73B | $30.33B |
| Cash & Equiv. | $35M | $2.07B |
AQNB vs AES — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Algonquin Power & U… (AQNB) | 100 | 96.7 | -3.3% |
| The AES Corporation (AES) | 100 | 114.8 | +14.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: AQNB vs AES
Each card shows where this stock fits in a portfolio — not just who wins on paper.
AQNB is the clearest fit if your priority is growth exposure and sleep-well-at-night.
- Rev growth -14.0%, EPS growth 400.0%, 3Y rev CAGR 1.8%
- Lower volatility, beta 0.12, current ratio 0.76x
- Beta 0.12 vs AES's 1.01, lower leverage
AES carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 2 yrs, beta 1.01, yield 4.9%
- 83.4% 10Y total return vs AQNB's 48.4%
- Beta 1.01, yield 4.9%, current ratio 0.77x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -0.4% revenue growth vs AQNB's -14.0% | |
| Value | Lower P/E (6.2x vs 174.1x) | |
| Quality / Margins | 8.4% margin vs AQNB's -57.7% | |
| Stability / Safety | Beta 0.12 vs AES's 1.01, lower leverage | |
| Dividends | 4.9% yield, 2-year raise streak, vs AQNB's 1.5% | |
| Momentum (1Y) | +44.1% vs AQNB's +12.1% | |
| Efficiency (ROA) | 2.1% ROA vs AQNB's -10.0%, ROIC 3.9% vs 2.4% |
AQNB vs AES — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
AQNB vs AES — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
AQNB leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
AES is the larger business by revenue, generating $12.5B annually — 5.3x AQNB's $2.4B. AES is the more profitable business, keeping 8.4% of every revenue dollar as net income compared to AQNB's -57.7%. On growth, AQNB holds the edge at +24.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $2.4B | $12.5B |
| EBITDAEarnings before interest/tax | $792M | $2.6B |
| Net IncomeAfter-tax profit | -$1.4B | $1.1B |
| Free Cash FlowCash after capex | $2.6B | -$1.5B |
| Gross MarginGross profit ÷ Revenue | +37.2% | +14.2% |
| Operating MarginEBIT ÷ Revenue | +19.4% | +11.8% |
| Net MarginNet income ÷ Revenue | -57.7% | +8.4% |
| FCF MarginFCF ÷ Revenue | +109.0% | -11.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +24.4% | +8.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -93.1% | -100.0% |
Valuation Metrics
AES leads this category, winning 4 of 4 comparable metrics.
Valuation Metrics
At 11.4x trailing earnings, AES trades at a 93% valuation discount to AQNB's 174.1x P/E. On an enterprise value basis, AES's 11.2x EV/EBITDA is more attractive than AQNB's 30.7x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $19.2B | $10.2B |
| Enterprise ValueMkt cap + debt − cash | $25.9B | $38.5B |
| Trailing P/EPrice ÷ TTM EPS | 174.07x | 11.38x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 6.18x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.15x |
| EV / EBITDAEnterprise value multiple | 30.72x | 11.23x |
| Price / SalesMarket cap ÷ Revenue | 8.26x | 0.84x |
| Price / BookPrice ÷ Book value/share | 3.10x | 0.86x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
Evenly matched — AQNB and AES each lead in 4 of 8 comparable metrics.
Profitability & Efficiency
AES delivers a 10.7% return on equity — every $100 of shareholder capital generates $11 in annual profit, vs $-27 for AQNB. AQNB carries lower financial leverage with a 1.09x debt-to-equity ratio, signaling a more conservative balance sheet compared to AES's 2.54x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -26.7% | +10.7% |
| ROA (TTM)Return on assets | -10.0% | +2.1% |
| ROICReturn on invested capital | +2.4% | +3.9% |
| ROCEReturn on capital employed | +2.8% | +4.8% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 1.09x | 2.54x |
| Net DebtTotal debt minus cash | $6.7B | $28.3B |
| Cash & Equiv.Liquid assets | $35M | $2.1B |
| Total DebtShort + long-term debt | $6.7B | $30.3B |
| Interest CoverageEBIT ÷ Interest expense | 1.23x | 1.05x |
Total Returns (Dividends Reinvested)
AQNB leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in AQNB five years ago would be worth $12,494 today (with dividends reinvested), compared to $6,948 for AES. Over the past 12 months, AES leads with a +44.1% total return vs AQNB's +12.1%. The 3-year compound annual growth rate (CAGR) favors AQNB at 11.0% vs AES's -8.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +4.0% | -0.9% |
| 1-Year ReturnPast 12 months | +12.1% | +44.1% |
| 3-Year ReturnCumulative with dividends | +36.9% | -24.4% |
| 5-Year ReturnCumulative with dividends | +24.9% | -30.5% |
| 10-Year ReturnCumulative with dividends | +48.4% | +83.4% |
| CAGR (3Y)Annualised 3-year return | +11.0% | -8.9% |
Risk & Volatility
AQNB leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
AQNB is the less volatile stock with a 0.12 beta — it tends to amplify market swings less than AES's 1.01 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. AQNB currently trades 99.3% from its 52-week high vs AES's 81.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.12x | 1.01x |
| 52-Week HighHighest price in past year | $26.29 | $17.65 |
| 52-Week LowLowest price in past year | $25.08 | $9.46 |
| % of 52W HighCurrent price vs 52-week peak | +99.3% | +81.2% |
| RSI (14)Momentum oscillator 0–100 | 58.7 | 46.5 |
| Avg Volume (50D)Average daily shares traded | 40K | 13.6M |
Analyst Outlook
AES leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
For income investors, AES offers the higher dividend yield at 4.91% vs AQNB's 1.54%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold |
| Price TargetConsensus 12-month target | — | $18.25 |
| # AnalystsCovering analysts | — | 21 |
| Dividend YieldAnnual dividend ÷ price | +1.5% | +4.9% |
| Dividend StreakConsecutive years of raises | 0 | 2 |
| Dividend / ShareAnnual DPS | $0.40 | $0.70 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.0% | 0.0% |
AQNB leads in 3 of 6 categories (Income & Cash Flow, Total Returns). AES leads in 2 (Valuation Metrics, Analyst Outlook). 1 tied.
AQNB vs AES: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is AQNB or AES a better buy right now?
For growth investors, The AES Corporation (AES) is the stronger pick with -0.
4% revenue growth year-over-year, versus -14. 0% for Algonquin Power & Utilities Cor (AQNB). The AES Corporation (AES) offers the better valuation at 11. 4x trailing P/E (6. 2x forward), making it the more compelling value choice. Analysts rate The AES Corporation (AES) a "Hold" — based on 21 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.
02Which has the better valuation — AQNB or AES?
On trailing P/E, The AES Corporation (AES) is the cheapest at 11.
4x versus Algonquin Power & Utilities Cor at 174. 1x.
03Which is the better long-term investment — AQNB or AES?
Over the past 5 years, Algonquin Power & Utilities Cor (AQNB) delivered a total return of +24.
9%, compared to -30. 5% for The AES Corporation (AES). Over 10 years, the gap is even starker: AES returned +83. 4% versus AQNB's +48. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — AQNB or AES?
By beta (market sensitivity over 5 years), Algonquin Power & Utilities Cor (AQNB) is the lower-risk stock at 0.
12β versus The AES Corporation's 1. 01β — meaning AES is approximately 712% more volatile than AQNB relative to the S&P 500. On balance sheet safety, Algonquin Power & Utilities Cor (AQNB) carries a lower debt/equity ratio of 109% versus 3% for The AES Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — AQNB or AES?
By revenue growth (latest reported year), The AES Corporation (AES) is pulling ahead at -0.
4% versus -14. 0% for Algonquin Power & Utilities Cor (AQNB). On earnings-per-share growth, the picture is similar: Algonquin Power & Utilities Cor grew EPS 400. 0% year-over-year, compared to -46. 6% for The AES Corporation. Over a 3-year CAGR, AQNB leads at 1. 8% 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.
06Which has better profit margins — AQNB or AES?
The AES Corporation (AES) is the more profitable company, earning 7.
8% net margin versus -59. 5% for Algonquin Power & Utilities Cor — meaning it keeps 7. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AQNB leads at 19. 2% versus 16. 1% for AES. At the gross margin level — before operating expenses — AQNB leads at 36. 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.
07Which pays a better dividend — AQNB or AES?
All stocks in this comparison pay dividends.
The AES Corporation (AES) offers the highest yield at 4. 9%, versus 1. 5% for Algonquin Power & Utilities Cor (AQNB).
08Is AQNB or AES better for a retirement portfolio?
For long-horizon retirement investors, Algonquin Power & Utilities Cor (AQNB) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
12), 1. 5% yield). Both have compounded well over 10 years (AQNB: +48. 4%, AES: +83. 4%), 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.
09What are the main differences between AQNB and AES?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: AQNB is a mid-cap quality compounder stock; AES is a mid-cap deep-value stock. 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.
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