Algonquin Power & Utilities Cor (AQNB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Algonquin Power & Utilities Cor (AQNB) stock price & volume — 10-year historical chart
Algonquin Power & Utilities Cor (AQNB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Algonquin Power & Utilities Cor (AQNB) competitors in Electric utilities with large renewables arm — business model, growth, and fundamentals comparison
Algonquin Power & Utilities Cor (AQNB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Algonquin Power & Utilities Cor (AQNB) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 822.92M | 1.58B | 1.55B | 1.64B | 1.74B | 2.2B | 2.59B | 2.7B | 2.32B | 2.38B |
Revenue Growth % | 10.66% | 92.48% | -2.13% | 5.88% | 5.73% | 26.63% | 18.05% | 4% | -14.03% | -3.68% |
Cost of Revenue | 607.89M | 1.15B | 1.16B | 1.23B | 1.3B | 1.8B | 2.09B | 2.15B | 1.47B | 1.49B |
Gross Profit | 215.02M▲ 0% | 438.23M▲ 103.8% | 394.91M▼ 9.9% | 413.92M▲ 4.8% | 438.45M▲ 5.9% | 394.61M▼ 10.0% | 507.01M▲ 28.5% | 836.51M▲ 65.0% | 845.26M▲ 1.0% | 885.89M▲ 0% |
Gross Margin % | 26.13% | 27.67% | 25.47% | 25.22% | 25.26% | 17.96% | 19.54% | 31% | 36.44% | 37.25% |
Gross Profit Growth % | 31.14% | 103.81% | -9.88% | 4.81% | 5.93% | -10% | 28.48% | 64.99% | 1.05% | - |
Operating Expenses | 34.56M | 51.45M | 50.02M | 58.12M | 66.46M | 66.14M | 77.05M | 369.22M | 399.17M | 425.22M |
Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
EBITDA | 319.83M | 647.32M | 592.36M | 646.71M | 698.15M | 816.07M | 857.57M | 821.37M | 841.78M | 792.2M |
EBITDA Margin % | 38.87% | 40.87% | 38.21% | 39.4% | 40.23% | 37.13% | 33.06% | 30.44% | 36.29% | 33.31% |
EBITDA Growth % | 31.87% | 102.4% | -8.49% | 9.17% | 7.95% | 16.89% | 5.09% | -4.22% | 2.48% | -6.09% |
Depreciation & Amortization | 139.37M | 260.54M | 247.47M | 290.91M | 314.12M | 402.96M | 455.52M | 354.08M | 395.69M | 331.54M |
D&A / Revenue % | 16.94% | 16.45% | 15.96% | 17.72% | 18.1% | 18.34% | 17.56% | 13.12% | 17.06% | 13.94% |
Operating Income (EBIT) | 180.46M▲ 0% | 386.78M▲ 114.3% | 344.89M▼ 10.8% | 355.79M▲ 3.2% | 384.03M▲ 7.9% | 413.1M▲ 7.6% | 402.05M▼ 2.7% | 467.29M▲ 16.2% | 446.09M▼ 4.5% | 460.67M▲ 0% |
Operating Margin % | 21.93% | 24.42% | 22.25% | 21.68% | 22.13% | 18.8% | 15.5% | 17.32% | 19.23% | 19.37% |
Operating Income Growth % | 33.99% | 114.33% | -10.83% | 3.16% | 7.93% | 7.57% | -2.68% | 16.23% | -4.54% | - |
Interest Expense | 101.43M | 167.49M | 148.11M | 193.16M | 205.06M | 214.17M | 277.91M | 375.09M | 363.58M | 4M |
Interest Coverage | 1.95x | 2.08x | 1.87x | 3.99x | 1.66x | 1.66x | 1.80x | 1.23x | 1.20x | - |
Interest / Revenue % | 12.33% | 10.57% | 9.55% | 11.77% | 11.82% | 9.75% | 10.71% | 13.9% | 15.67% | 0.17% |
Non-Operating Income | -1000K | -1000K | -1000K | 1000K | 1000K | 0 | -1000K | 0 | -1000K | -4M |
Pretax Income | 96.57M▲ 0% | 180.41M▲ 86.8% | 128.63M▼ 28.7% | 614.97M▲ 378.1% | 792.41M▲ 28.9% | 142.23M▼ 82.1% | -369.67M▼ 359.9% | -62.12M▲ 83.2% | 177.18M▲ 385.2% | 169.72M▲ 0% |
Pretax Margin % | 11.74% | 11.39% | 8.3% | 37.47% | 45.66% | 6.47% | -14.25% | -2.3% | 7.64% | 7.14% |
Income Tax | 27.69M | 75.98M | 50.65M | 71.75M | 64.58M | 43.42M | -59.08M | 37.05M | 186.8M | 186.69M |
Effective Tax Rate % | 28.67% | 42.11% | 39.38% | 11.67% | 8.15% | 30.53% | 15.98% | -59.66% | 105.43% | 109.99% |
Net Income | 97.63M▲ 0% | 154.11M▲ 57.9% | 175.55M▲ 13.9% | 543.23M▲ 209.4% | 823.8M▲ 51.6% | 262.53M▼ 68.1% | -203.59M▼ 177.5% | 20.32M▲ 110.0% | -1.38B▼ 6894.6% | -1.37B▲ 0% |
Net Margin % | 11.86% | 9.73% | 11.32% | 33.1% | 47.47% | 11.95% | -7.85% | 0.75% | -59.52% | -57.66% |
Net Income Growth % | 15.44% | 57.86% | 13.91% | 209.44% | 51.65% | -68.13% | -177.55% | 109.98% | -6894.55% | -1168.44% |
EPS (Diluted) | 0.36▲ 0% | 0.40▲ 11.1% | 0.38▼ 5.0% | 1.06▲ 178.9% | 1.44▲ 35.8% | 0.40▼ 72.2% | -0.30▼ 175.0% | 0.03▲ 110.0% | 0.15▲ 400.0% | -1.78▲ 0% |
EPS Growth % | 9.09% | 11.11% | -5% | 178.95% | 35.85% | -72.22% | -175% | 110% | 400% | -52.12% |
EPS (Basic) | 0.36 | 0.40 | 0.38 | 1.07 | 1.46 | 0.41 | -0.30 | 0.03 | 0.16 | - |
Diluted Shares Outstanding | 274.08M | 385.99M | 466.05M | 504.74M | 564.37M | 628.95M | 677.86M | 690.76M | 734.05M | 772.41M |
Algonquin Power & Utilities Cor (AQNB) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Assets | 6.15B | 8.41B | 9.4B | 10.92B | 13.22B | 16.77B | 17.62B | 18.37B | 16.96B | 13.69B |
Asset Growth % | 71.18% | 36.67% | 11.79% | 16.2% | 21.09% | 26.85% | 5.04% | 4.28% | -7.69% | -60.6% |
PP&E (Net) | 3.65B | 6.31B | 6.39B | 7.24B | 8.24B | 11.03B | 11.94B | 12.45B | 9.45B | 9.59B |
PP&E / Total Assets % | 59.28% | 75.09% | 68.03% | 66.3% | 62.32% | 65.74% | 67.76% | 67.78% | 55.71% | 70.03% |
Total Current Assets | 366.77M | 498.99M | 491.61M | 513.19M | 695.2M | 937.47M | 1.09B | 1.07B | 1.14B | 1.01B |
Cash & Equivalents | 82.34M | 43.54M | 46.82M | 62.48M | 101.61M | 124.99M | 57.6M | 25.05M | 34.84M | 54.3M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Inventory | 27.73M | 89.6M | 95.6M | 91.1M | 134.65M | 177.52M | 224.82M | 227.13M | 223.6M | 214.1M |
Other Current Assets | 55.93M | 104.81M | 103.46M | 100.46M | 134.1M | 232.08M | 283.75M | 261.56M | 385.31M | 206.5M |
Long-Term Investments | 1.65B | 137.56M | 1B | 1.49B | 2.09B | 2.36B | 1.88B | 1.82B | 67.76M | 1.65B |
Goodwill | 228.66M | 954.73M | 954.28M | 1.03B | 1.21B | 1.2B | 1.32B | 1.32B | 1.31B | 1.32B |
Intangible Assets | 48.4M | 51.1M | 54.99M | 47.62M | 114.91M | 105.12M | 96.68M | 93.94M | 69.14M | 69.5M |
Other Assets | 194.14M | 391.01M | 429.64M | 568.38M | 849.13M | 1.11B | 1.21B | 1.53B | 4.93B | 1.49B |
Total Liabilities | 4.28B | 5.04B | 5.36B | 6.18B | 7.23B | 9.08B | 10.47B | 11.43B | 10.78B | 8.57B |
Total Debt | 3.2B | 3.1B | 3.34B | 3.94B | 4.55B | 6.23B | 7.53B | 8.55B | 6.73B | 6.34B |
Net Debt | 3.12B | 3.05B | 3.29B | 3.88B | 4.45B | 6.1B | 7.47B | 8.49B | 6.69B | 6.29B |
Long-Term Debt | 3.19B | 3.09B | 3.32B | 3.71B | 4.4B | 5.85B | 7.09B | 7.91B | 6.22B | 6.03B |
Short-Term Borrowings | 7.51M | 12.38M | 13.05M | 225.01M | 139.87M | 355.91M | 423.08M | 636.07M | 493.29M | 309M |
Capital Lease Obligations | 0 | 0 | 0 | 0 | 14.29M | 0 | 0 | 7.74M | 10.69M | 17.73M |
Total Current Liabilities | 407.55M | 564.75M | 498.98M | 872.07M | 955.4M | 1.36B | 1.53B | 1.69B | 1.5B | 926.8M |
Accounts Payable | 67.55M | 120.06M | 89.74M | 150.34M | 192.16M | 185.04M | 186M | 210.41M | 164.15M | 89.9M |
Accrued Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 503.25M | 1.75B |
Deferred Revenue | 29.06M | 50.51M | 62.61M | 73.94M | 92.72M | 114.39M | 125.6M | 20.39M | 0 | 0 |
Other Current Liabilities | 303.43M | 381.81M | 333.58M | 422.77M | 530.64M | 707.52M | 799.09M | 838.7M | 336.72M | 155.2M |
Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 |
Other Liabilities | 462.25M | 991.78M | 1.09B | 1.1B | 1.3B | 1.32B | 1.26B | 1.25B | 3.05B | 1.61B |
Total Equity | 1.88B▲ 0% | 3.37B▲ 79.4% | 4.04B▲ 20.0% | 4.74B▲ 17.3% | 5.99B▲ 26.4% | 7.69B▲ 28.4% | 7.15B▼ 7.0% | 6.94B▼ 2.9% | 6.18B▼ 11.0% | 5.13B▲ 0% |
Equity Growth % | 12.42% | 79.45% | 19.99% | 17.33% | 26.4% | 28.41% | -7% | -2.93% | -10.97% | -70.83% |
Shareholders Equity | 1.43B | 2.72B | 3.18B | 3.88B | 5.2B | 5.85B | 5.22B | 5.04B | 4.71B | 4.68B |
Minority Interest | 441.29M | 644.99M | 860.88M | 863.32M | 785.79M | 1.84B | 1.94B | 1.9B | 1.47B | 444.2M |
Common Stock | 1.47B | 2.96B | 3.56B | 4.02B | 4.94B | 6.02B | 6.18B | 6.23B | 7.39B | 7.4B |
Additional Paid-in Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Earnings | -414.62M | -493.11M | -595.26M | -367.11M | 45.75M | -288.03M | -997.49M | -1.28B | -2.93B | -2.92B |
Accumulated OCI | 190.1M | 45.35M | -19.39M | -9.76M | -22.51M | -71.58M | -159.99M | -102.29M | 62.18M | 12.7M |
Return on Assets (ROA) | 2% | 2.12% | 1.97% | 5.35% | 6.82% | 1.75% | -1.18% | 0.11% | -7.81% | -8.83% |
Return on Equity (ROE) | 5.51% | 5.88% | 4.74% | 12.38% | 15.36% | 3.84% | -2.74% | 0.29% | -21.04% | -24.04% |
Debt / Equity | 1.71x | 0.92x | 0.83x | 0.83x | 0.76x | 0.81x | 1.05x | 1.23x | 1.09x | 1.24x |
Debt / Assets | 52% | 36.85% | 35.54% | 36.09% | 34.43% | 37.11% | 42.74% | 46.54% | 39.67% | 46.31% |
Net Debt / EBITDA | 9.74x | 4.72x | 5.56x | 6.00x | 6.38x | 7.48x | 8.71x | 10.34x | 7.95x | 7.94x |
Book Value per Share | 6.84 | 8.72 | 8.67 | 9.39 | 10.61 | 12.23 | 10.55 | 10.05 | 8.42 | 6.64 |
Algonquin Power & Utilities Cor (AQNB) cash flow — operating, investing & free cash flow history
| Metric | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 214.69M | 365.37M | 503.31M | 625.47M | 505.22M | 157.47M | 619.1M | 628.03M | 481.72M | 438.57M |
Operating CF Growth % | 13.28% | 70.19% | 37.75% | 24.27% | -19.23% | -68.83% | 293.16% | 1.44% | -23.3% | -162.94% |
Operating CF / Revenue % | 26.09% | 23.07% | 32.47% | 38.11% | 29.11% | 7.17% | 23.86% | 23.28% | 20.77% | 18.44% |
Net Income | 97.63M | 154.11M | 175.55M | 172.1M | 504.19M | 264.86M | -74.5M | 29.2M | -1.38B | -1.37B |
Depreciation & Amortization | 139.37M | 260.54M | 247.47M | 290.91M | 314.12M | 402.96M | 455.52M | 467M | 395.69M | 331.54M |
Deferred Taxes | 21.38M | 68.07M | 39.88M | 54.93M | 0 | -50.22M | -66.61M | 0 | 0 | 0 |
Other Non-Cash Items | 203.32M | 495.21M | 568.21M | 34.78M | -256.16M | 48.89M | 506.6M | 227.43M | 1.54B | 1.56B |
Working Capital Changes | 2.76M | -59.08M | -7.71M | 61.7M | -81.57M | -517.43M | -212.84M | -106.89M | -91.37M | -99.36M |
Capital Expenditures | -2.16B | -597.9M | -1.06B | -1.25B | -850.1M | -1.38B | -1.79B | -1.03B | -872.42M | 2.15B |
CapEx / Revenue % | 262.37% | 37.75% | 68.64% | 76.08% | 48.98% | 62.62% | 68.94% | 38.03% | 37.61% | 90.53% |
CapEx / D&A | 15.49x | 2.29x | 4.30x | 4.29x | 2.71x | 3.42x | 3.93x | 2.20x | 2.20x | 6.49x |
CapEx Coverage (OCF/CapEx) | 0.10x | 0.61x | 0.47x | 0.50x | 0.59x | 0.11x | 0.35x | 0.61x | 0.55x | 0.20x |
Cash from Investing | -2.16B | -603.97M | -1.06B | -1.25B | -1.23B | -1.8B | -1.79B | -1.1B | 132.74M | 2.14B |
Acquisitions | -322.66M | -1.55B | 319.83M | -209.46M | -416.16M | 1.12B | -341.59M | 110.02M | 0 | 0 |
Purchase of Investments | -1.76B | -65.8M | -953.82M | -685.4M | -293.94M | -616.84M | -212.51M | -248.21M | 0 | 0 |
Sale of Investments | 0 | 1.61B | 1.1M | 1.02M | 0 | 218.06K | 2.8M | 11.96M | 0 | 0 |
Other Investing | 222.71M | 12.97M | 17.03M | 256.96M | 330.3M | -925.78M | -165.76M | 56.78M | 1.01B | 3B |
Cash from Financing | 1.94B | 197.24M | 567.34M | 644.28M | 766.86M | 1.67B | 1.11B | 442.81M | -556.41M | -2.64B |
Dividends Paid | -95.85M | -144.14M | -165.52M | -209.64M | -276.01M | -313.34M | -371.97M | -336.89M | -295.55M | -245.4M |
Dividend Payout Ratio % | 98.18% | 93.53% | 94.28% | 38.59% | 33.5% | 119.35% | - | 1658.09% | - | - |
Debt Issuance (Net) | 0 | 0 | 0 | 0 | 1000K | -1000K | 1000K | 1000K | -1000K | -2M |
Stock Issued | 14.9M | 454.44M | 454.02M | 370.79M | 0 | 976.95M | 41.82M | 5.32M | 0 | 0 |
Share Repurchases | -3.89M | -3.31M | -2.09M | -5.28M | -5.27M | -3.37M | -4.67M | -2.43M | -3.48M | -1.23M |
Other Financing | 2.03B | 357.18M | 732.86M | 853.92M | 736.93M | 2.05B | 190.46M | 45.98M | 1.05B | 154.02M |
Net Change in Cash | -7.62M▲ 0% | -38.8M▼ 409.0% | 3.28M▲ 108.5% | 15.67M▲ 377.4% | 42.75M▲ 172.9% | 31.37M▼ 26.6% | -60.2M▼ 291.9% | -25.05M▲ 58.4% | 54.95M▲ 319.4% | -64.9M▲ 0% |
Exchange Rate Effect | -1.66M | 598K | -606K | 1.03M | 573K | -1.7M | -1.13M | -267K | -3.09M | -176K |
Cash at Beginning | 89.96M | 82.34M | 43.54M | 46.82M | 62.48M | 101.61M | 124.99M | 101.19M | 76.14M | 90.5M |
Cash at End | 82.34M | 43.54M | 46.82M | 62.48M | 101.61M | 124.99M | 57.6M | 76.14M | 131.09M | 82.6M |
Free Cash Flow | -1.94B▲ 0% | -232.53M▲ 88.0% | -560.74M▼ 141.1% | -623.34M▼ 11.2% | -318.2M▲ 49.0% | -1.22B▼ 283.4% | -1.17B▲ 4.2% | -398.14M▲ 66.0% | -390.7M▲ 1.9% | 2.59B▲ 0% |
FCF Growth % | -5509.88% | 88.04% | -141.15% | -11.16% | 48.95% | -283.43% | 4.16% | 65.95% | 1.87% | 862.62% |
FCF Margin % | -236.28% | -14.68% | -36.17% | -37.98% | -18.33% | -55.52% | -45.07% | -14.76% | -16.84% | 108.97% |
FCF / Net Income % | -1991.62% | -150.88% | -319.41% | -114.75% | -38.63% | -464.73% | 574.35% | -1959.53% | 28.3% | -188.99% |
Algonquin Power & Utilities Cor (AQNB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 5.51% | 5.88% | 4.74% | 12.38% | 15.36% | 3.84% | -2.74% | 0.29% | -21.04% | -24.04% |
EBITDA Margin | 38.87% | 40.87% | 38.21% | 39.4% | 40.23% | 37.13% | 33.06% | 30.44% | 36.29% | 33.31% |
Net Debt / EBITDA | 9.74x | 4.72x | 5.56x | 6.00x | 6.38x | 7.48x | 8.71x | 10.34x | 7.95x | 7.94x |
Interest Coverage | 1.95x | 2.08x | 1.87x | 3.99x | 1.66x | 1.66x | 1.80x | 1.23x | 1.20x | - |
CapEx / Revenue | 262.37% | 37.75% | 68.64% | 76.08% | 48.98% | 62.62% | 68.94% | 38.03% | 37.61% | 90.53% |
Dividend Payout Ratio | 98.18% | 93.53% | 94.28% | 38.59% | 33.5% | 119.35% | - | 1658.09% | - | -17.9% |
Debt / Equity | 1.71x | 0.92x | 0.83x | 0.83x | 0.76x | 0.81x | 1.05x | 1.23x | 1.09x | 1.24x |
EPS Growth | 9.09% | 11.11% | -5% | 178.95% | 35.85% | -72.22% | -175% | 110% | 400% | -52.12% |
Algonquin Power & Utilities Cor (AQNB) stock FAQ — growth, dividends, profitability & financials explained
Algonquin Power & Utilities Cor (AQNB) reported $2.38B in revenue for fiscal year 2024. This represents a 274% increase from $635.7M in 2013.
Algonquin Power & Utilities Cor (AQNB) saw revenue decline by 14.0% over the past year.
Algonquin Power & Utilities Cor (AQNB) reported a net loss of $1.37B for fiscal year 2024.
Yes, Algonquin Power & Utilities Cor (AQNB) pays a dividend with a yield of 1.58%. This makes it attractive for income-focused investors.
Algonquin Power & Utilities Cor (AQNB) has a return on equity (ROE) of -21.0%. Negative ROE indicates the company is unprofitable.
Algonquin Power & Utilities Cor (AQNB) generated $2.59B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Algonquin Power & Utilities Cor (AQNB) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.