Last 45 quarters of trend data · Utilities · Regulated Electric
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Algonquin Power & Utilities Cor's quarterly P/E stands at 325.9x, up 1349.6% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 27.1% YoY to 37.4x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 174.07 | 325.91 | 52.50 | — | 104.63 | 22.48 | — | 22.34 | — | — | 14.88 | — | — |
| — | +1349.6% | — | — | — | — | — | — | — | — | -68.2% | — | — | |
| P/S Ratio | 8.26 | 9.21 | 7.01 | 7.91 | 8.72 | 10.82 | 5.85 | 6.29 | 6.76 | 6.50 | 5.19 | 5.16 | 6.77 |
| — | -14.9% | +19.9% | +25.8% | +29.1% | +66.6% | +12.6% | +21.9% | -0.2% | -6.1% | -18.8% | -36.5% | -17.5% | |
| P/B Ratio | 3.10 | 3.79 | 3.77 | 2.99 | 3.14 | 2.39 | 2.68 | 2.49 | 2.47 | 2.30 | 2.17 | 2.11 | 2.34 |
| — | +58.8% | +41.0% | +20.4% | +27.2% | +3.8% | +23.2% | +18.1% | +5.5% | +2.9% | -7.4% | -14.3% | -6.3% | |
| P/FCF | — | 75.80 | 2.68 | 5.55 | — | 144.14 | — | — | — | 258.72 | — | 229.25 | — |
| — | -47.4% | — | — | — | -44.3% | — | — | — | — | — | — | — | |
| EV / EBITDA | 30.72 | 37.43 | 23.42 | 50.61 | 30.94 | 29.45 | 25.09 | 55.52 | 26.16 | 28.12 | 23.07 | 24.01 | 29.53 |
| — | +27.1% | -6.7% | -8.8% | +18.3% | +4.7% | +8.8% | +131.2% | -11.4% | -5.7% | -22.2% | -21.3% | +3.3% | |
| EV / EBIT | 57.97 | 84.61 | 34.70 | 61.87 | 59.94 | 84.24 | 46.88 | 59.13 | — | — | 16.56 | — | — |
| — | +0.4% | -26.0% | +4.6% | — | — | +183.1% | — | — | — | -66.4% | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Algonquin Power & Utilities Cor's operating margin was 12.3% in Q2 2025, down 13.6 pp QoQ and down 8.7 pp YoY. The trailing four-quarter average of 18.9% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.
| Metric | TTM | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.4% | 35.2% | 40.2% | 35.1% | 37.8% | 35.2% | 37.2% | 21.1% | 26.3% | 19.5% | 20.0% | 19.0% | 20.3% |
| — | +0.1% | +8.1% | +66.6% | +43.8% | +80.6% | +85.5% | +10.6% | +29.6% | +6.7% | +31.3% | -1.2% | -17.0% | |
| Operating Margin | 19.2% | 12.3% | 25.8% | 18.1% | 19.4% | 20.9% | 18.0% | 15.6% | 21.9% | 15.4% | 17.7% | 16.4% | 16.6% |
| — | -41.3% | +43.7% | +16.4% | -11.5% | +36.3% | +1.5% | -5.2% | +31.6% | +3.1% | +39.4% | +1.1% | -22.9% | |
| Net Margin | -59.5% | 4.6% | 14.0% | -31.9% | -227.8% | 47.3% | -12.4% | 28.0% | -27.6% | -40.6% | 35.0% | -10.2% | -30.4% |
| — | -90.3% | +212.6% | -213.7% | -725.9% | +216.5% | -135.5% | +374.6% | +9.2% | -628.9% | +164.1% | -133.9% | -473.5% |
| Metric | TTM | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -21.0% | 0.5% | 1.7% | -3.0% | -18.6% | 2.8% | -1.4% | 2.8% | -2.5% | -3.5% | 3.7% | -1.1% | -2.6% |
| — | -83.5% | +224.6% | -206.6% | -653.0% | +180.4% | -136.9% | +365.0% | +3.8% | -697.3% | +208.3% | -143.8% | -540.1% | |
| ROA | -7.8% | 0.2% | 0.6% | -1.1% | -7.1% | 1.1% | -0.5% | 1.1% | -1.0% | -1.4% | 1.5% | -0.4% | -1.0% |
| — | -83.7% | +226.3% | -201.4% | -640.7% | +175.5% | -132.9% | +349.7% | +7.9% | -664.9% | +183.9% | -140.5% | -523.6% | |
| ROIC | 2.4% | 0.4% | 1.1% | 0.6% | 0.6% | 0.4% | 0.6% | 0.5% | 0.7% | 0.5% | 0.7% | 0.6% | 0.5% |
| — | +0.4% | +71.4% | +13.8% | -17.4% | -11.7% | -6.3% | -14.9% | +31.6% | +6.5% | +47.9% | +18.8% | -17.8% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Algonquin Power & Utilities Cor's Debt/EBITDA ratio is 36.9x, up from 23.1x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 12.6% YoY to 1.09x, strengthening the short-term liquidity position. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.09 | 1.24 | 1.23 | 1.09 | 1.18 | 1.08 | 1.42 | 1.23 | 1.22 | 1.13 | 1.07 | 1.05 | 1.09 |
| — | +14.0% | -13.3% | -11.5% | -3.6% | -4.2% | +33.1% | +16.8% | +11.7% | +11.3% | +12.3% | +30.1% | +9.3% | |
| Debt / EBITDA | 7.99 | 36.91 | 23.13 | 54.04 | 33.81 | 36.98 | 34.94 | 73.60 | 34.74 | 37.28 | 30.48 | 32.09 | 37.77 |
| — | -0.2% | -33.8% | -26.6% | -2.7% | -0.8% | +14.6% | +129.3% | -8.0% | -0.4% | -11.2% | +5.6% | +14.7% | |
| Current Ratio | 0.76 | 1.09 | 1.16 | 0.76 | 0.92 | 0.97 | 0.98 | 0.63 | 0.66 | 0.71 | 0.75 | 0.71 | 0.72 |
| — | +12.6% | +18.6% | +19.8% | +38.7% | +36.1% | +29.7% | -11.3% | -7.2% | -7.8% | -21.6% | +3.7% | +15.7% | |
| Quick Ratio | 0.61 | 0.86 | 0.94 | 0.61 | 0.73 | 0.78 | 0.79 | 0.50 | 0.50 | 0.56 | 0.61 | 0.57 | 0.56 |
| — | +10.3% | +19.3% | +22.2% | +44.7% | +39.9% | +29.3% | -12.1% | -9.2% | -8.8% | -23.1% | +1.6% | +10.0% | |
| Interest Coverage | 1.23 | 0.96 | 2.51 | 1.18 | 1.22 | 1.11 | 1.26 | 1.13 | 1.31 | 1.02 | 1.60 | 1.48 | 1.43 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 45 years · Updated daily
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Algonquin Power & Utilities Cor's current P/E is 174.1x. The average P/E over the last 3 quarters is 161.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Algonquin Power & Utilities Cor's current operating margin is 19.2%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Algonquin Power & Utilities Cor's business trajectory between earnings reports.