(AQN) Algonquin Power & Utilities - Ratings and Ratios
Exchange: NYSE •
Country: Canada •
Currency: USD •
Type: Common Stock •
ISIN: CA0158571053
Electricity, Water, Gas, Renewable
Dividends
| Dividend Yield | 6.63% |
| Yield on Cost 5y | 3.24% |
| Yield CAGR 5y | -12.95% |
| Payout Consistency | 93.2% |
| Payout Ratio | 104.8% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 31.0% |
| Value at Risk 5%th | 47.7% |
| Relative Tail Risk | -6.51% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.98 |
| Alpha | 23.75 |
| CAGR/Max DD | 0.02 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.305 |
| Beta | 0.495 |
| Beta Downside | 0.442 |
| Drawdowns 3y | |
|---|---|
| Max DD | 46.96% |
| Mean DD | 24.86% |
| Median DD | 26.81% |
Description: AQN Algonquin Power & Utilities November 05, 2025
Algonquin Power & Utilities Corp. (NYSE:AQN) is a multi-utility operator with regulated electric, water, wastewater, and natural-gas businesses across the United States, Canada, Bermuda and Chile. As of 31 Dec 2024 it served roughly 1.27 million customer connections – about 310 k electric, 577 k water/wastewater, and 378 k natural-gas meters.
The company’s generation platform includes ≈2.0 GW of gross capacity (≈0.3 GW net) in diversified assets, plus a hydro-electric portfolio of 14 facilities (≈115 MW gross, ≈111 MW net) located in Alberta, Ontario, New Brunswick and Quebec, which supplies both energy and renewable-attribute credits.
Key operating metrics from the most recent annual report (2023) show adjusted EBITDA of ≈$1.2 billion and a dividend yield near 5.3 %, reflecting the cash-flow stability typical of regulated utilities. Capital-expenditure guidance for 2025 targets ≈$500 million, largely directed toward renewable-energy expansion and grid-modernization – a response to the sector-wide shift toward decarbonization and to rising interest-rate pressures on debt financing.
For a deeper, data-driven assessment of AQN’s valuation dynamics, you may find the analyst tools on ValueRay useful for quantifying these drivers.
Piotroski VR‑10 (Strict, 0-10) 1.5
| Net Income (-26.6m TTM) > 0 and > 6% of Revenue (6% = 143.3m TTM) |
| FCFTA -0.03 (>2.0%) and ΔFCFTA -0.94pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 8.90% (prev -3.90%; Δ 12.80pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.03 (>3.0%) and CFO 470.5m > Net Income -26.6m (YES >=105%, WARN >=100%) |
| Net Debt (6.37b) to EBITDA (842.5m) ratio: 7.56 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.23 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (772.4m) change vs 12m ago 0.35% (target <= -2.0% for YES) |
| Gross Margin 65.01% (prev 74.35%; Δ -9.34pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 15.12% (prev 13.50%; Δ 1.62pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.59 (EBITDA TTM 842.5m / Interest Expense TTM 331.4m) >= 6 (WARN >= 3) |
Altman Z'' -0.72
| (A) 0.02 = (Total Current Assets 1.15b - Total Current Liabilities 934.2m) / Total Assets 13.79b |
| (B) -0.21 = Retained Earnings (Balance) -2.93b / Total Assets 13.79b |
| (C) 0.03 = EBIT TTM 527.0m / Avg Total Assets 15.79b |
| (D) -0.34 = Book Value of Equity -2.93b / Total Liabilities 8.71b |
| Total Rating: -0.72 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 30.86
| 1. Piotroski 1.50pt |
| 2. FCF Yield -3.27% |
| 3. FCF Margin -15.16% |
| 4. Debt/Equity 1.44 |
| 5. Debt/Ebitda 7.56 |
| 6. ROIC - WACC (= -0.27)% |
| 7. RoE -0.57% |
| 8. Rev. Trend -47.26% |
| 9. EPS Trend -67.82% |
What is the price of AQN shares?
As of December 14, 2025, the stock is trading at USD 5.88 with a total of 3,932,112 shares traded.
Over the past week, the price has changed by +0.34%, over one month by -4.55%, over three months by +6.28% and over the past year by +36.56%.
Over the past week, the price has changed by +0.34%, over one month by -4.55%, over three months by +6.28% and over the past year by +36.56%.
Is AQN a buy, sell or hold?
Algonquin Power & Utilities has received a consensus analysts rating of 3.08.
Therefor, it is recommend to hold AQN.
- Strong Buy: 0
- Buy: 1
- Hold: 11
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the AQN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 6.6 | 12.8% |
| Analysts Target Price | 6.6 | 12.8% |
| ValueRay Target Price | 6.9 | 16.8% |
AQN Fundamental Data Overview December 10, 2025
Market Cap USD = 4.44b (4.44b USD * 1.0 USD.USD)
P/E Trailing = 82.4286
P/E Forward = 15.456
P/S = 1.8575
P/B = 1.0094
Beta = 0.789
Revenue TTM = 2.39b USD
EBIT TTM = 527.0m USD
EBITDA TTM = 842.5m USD
Long Term Debt = 6.16b USD (from longTermDebt, last quarter)
Short Term Debt = 271.6m USD (from shortLongTermDebt, last quarter)
Debt = 6.70b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 6.37b USD (from netDebt column, last quarter)
Enterprise Value = 11.07b USD (4.44b + Debt 6.70b - CCE 62.2m)
Interest Coverage Ratio = 1.59 (Ebit TTM 527.0m / Interest Expense TTM 331.4m)
FCF Yield = -3.27% (FCF TTM -361.9m / Enterprise Value 11.07b)
FCF Margin = -15.16% (FCF TTM -361.9m / Revenue TTM 2.39b)
Net Margin = -1.11% (Net Income TTM -26.6m / Revenue TTM 2.39b)
Gross Margin = 65.01% ((Revenue TTM 2.39b - Cost of Revenue TTM 835.5m) / Revenue TTM)
Gross Margin QoQ = 78.33% (prev 76.39%)
Tobins Q-Ratio = 0.80 (Enterprise Value 11.07b / Total Assets 13.79b)
Interest Expense / Debt = 1.07% (Interest Expense 71.7m / Debt 6.70b)
Taxrate = 31.51% (27.0m / 85.7m)
NOPAT = 360.9m (EBIT 527.0m * (1 - 31.51%))
Current Ratio = 1.23 (Total Current Assets 1.15b / Total Current Liabilities 934.2m)
Debt / Equity = 1.44 (Debt 6.70b / totalStockholderEquity, last quarter 4.64b)
Debt / EBITDA = 7.56 (Net Debt 6.37b / EBITDA 842.5m)
Debt / FCF = -17.61 (negative FCF - burning cash) (Net Debt 6.37b / FCF TTM -361.9m)
Total Stockholder Equity = 4.68b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.19% (Net Income -26.6m / Total Assets 13.79b)
RoE = -0.57% (Net Income TTM -26.6m / Total Stockholder Equity 4.68b)
RoCE = 4.86% (EBIT 527.0m / Capital Employed (Equity 4.68b + L.T.Debt 6.16b))
RoIC = 3.30% (NOPAT 360.9m / Invested Capital 10.94b)
WACC = 3.56% (E(4.44b)/V(11.13b) * Re(7.84%) + D(6.70b)/V(11.13b) * Rd(1.07%) * (1-Tc(0.32)))
Discount Rate = 7.84% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 5.24%
Fair Price DCF = unknown (Cash Flow -361.9m)
EPS Correlation: -67.82 | EPS CAGR: -20.22% | SUE: 1.28 | # QB: 1
Revenue Correlation: -47.26 | Revenue CAGR: -0.55% | SUE: -0.11 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.11 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=0.37 | Chg30d=+0.001 | Revisions Net=+1 | Growth EPS=+14.3% | Growth Revenue=+4.3%
P/E Trailing = 82.4286
P/E Forward = 15.456
P/S = 1.8575
P/B = 1.0094
Beta = 0.789
Revenue TTM = 2.39b USD
EBIT TTM = 527.0m USD
EBITDA TTM = 842.5m USD
Long Term Debt = 6.16b USD (from longTermDebt, last quarter)
Short Term Debt = 271.6m USD (from shortLongTermDebt, last quarter)
Debt = 6.70b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 6.37b USD (from netDebt column, last quarter)
Enterprise Value = 11.07b USD (4.44b + Debt 6.70b - CCE 62.2m)
Interest Coverage Ratio = 1.59 (Ebit TTM 527.0m / Interest Expense TTM 331.4m)
FCF Yield = -3.27% (FCF TTM -361.9m / Enterprise Value 11.07b)
FCF Margin = -15.16% (FCF TTM -361.9m / Revenue TTM 2.39b)
Net Margin = -1.11% (Net Income TTM -26.6m / Revenue TTM 2.39b)
Gross Margin = 65.01% ((Revenue TTM 2.39b - Cost of Revenue TTM 835.5m) / Revenue TTM)
Gross Margin QoQ = 78.33% (prev 76.39%)
Tobins Q-Ratio = 0.80 (Enterprise Value 11.07b / Total Assets 13.79b)
Interest Expense / Debt = 1.07% (Interest Expense 71.7m / Debt 6.70b)
Taxrate = 31.51% (27.0m / 85.7m)
NOPAT = 360.9m (EBIT 527.0m * (1 - 31.51%))
Current Ratio = 1.23 (Total Current Assets 1.15b / Total Current Liabilities 934.2m)
Debt / Equity = 1.44 (Debt 6.70b / totalStockholderEquity, last quarter 4.64b)
Debt / EBITDA = 7.56 (Net Debt 6.37b / EBITDA 842.5m)
Debt / FCF = -17.61 (negative FCF - burning cash) (Net Debt 6.37b / FCF TTM -361.9m)
Total Stockholder Equity = 4.68b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.19% (Net Income -26.6m / Total Assets 13.79b)
RoE = -0.57% (Net Income TTM -26.6m / Total Stockholder Equity 4.68b)
RoCE = 4.86% (EBIT 527.0m / Capital Employed (Equity 4.68b + L.T.Debt 6.16b))
RoIC = 3.30% (NOPAT 360.9m / Invested Capital 10.94b)
WACC = 3.56% (E(4.44b)/V(11.13b) * Re(7.84%) + D(6.70b)/V(11.13b) * Rd(1.07%) * (1-Tc(0.32)))
Discount Rate = 7.84% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 5.24%
Fair Price DCF = unknown (Cash Flow -361.9m)
EPS Correlation: -67.82 | EPS CAGR: -20.22% | SUE: 1.28 | # QB: 1
Revenue Correlation: -47.26 | Revenue CAGR: -0.55% | SUE: -0.11 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.11 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=0.37 | Chg30d=+0.001 | Revisions Net=+1 | Growth EPS=+14.3% | Growth Revenue=+4.3%
Additional Sources for AQN Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle