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Algonquin Power & Utilities Corp. (AQN) stock

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NYSE: AQN NYSE Electric Utilities Next results ~November 6, 2026

D Fundamentals grade

Algonquin Power & Utilities Corp. is a US-listed company in the electric utilities industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$5.4

Valuation models combined (2)

Base case. Range ~$4.8–$6.4. Weighted average of 2 models (utility earnings model, forward price-to-earnings vs peers), the utility earnings model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Algonquin Power & Utilities Corp. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds123 adding, 98 cuttingOf 38 active managers that changed their stake, 24 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Algonquin Power & Utilities files

Where Algonquin Power & Utilities stands after its latest Filing

Revenue for the twelve months was $2.43bn, up 4.9% on a year earlier, against a decline of 3.5% a quarter earlier. Free-cash-flow margin rose to -7.3% from -52.2% a year earlier. Operating margin widened to 20.7% from 18.2%. The diluted share count is up 5.2% on a year earlier, which dilutes existing holders. It passes 1 of our 6 financial-health checks. Our valuation models combined value is $6.27 a share, against a share price of $5.46.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 6, 2026 (estimated)

Algonquin Power & Utilities Corp.'s trailing-twelve-month revenue grew 4.9% year on year, with a free-cash-flow margin of -7.3%. Where it stands out: change in growth rate of +8.4pp ranks 3 of 25 electric utilities companies we cover. Where it lags: net margin of 7.4% ranks 23 of 25 electric utilities companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 4.9% (+8.4pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Growth speeding up. The growth rate is 8.4 points higher than a quarter earlier.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Burning cash. Free cash flow was -7.3% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 5.2% in a year.
  • High debt. Long-term debt exceeds cash by $6.1bn, more than 1.5 times annual revenue.
  • Gross margin slipping. Gross margin is down 2.0 points on a year ago.
  • Weak cash conversion. Free cash flow was -99% of net income over the last 12 months.
  • Below peers: net margin. Net margin of 7.4% ranks 23 of 25 electric utilities companies we cover (median 13.3%).

Latest results

Earnings per share
$0.04 against an average estimate of $0.03: beat by 29.6%
Next report
November 6, 2026; average EPS estimate $0.10

Algonquin Power & Utilities' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.7%
  • 1 week+4.7%
  • 1 month+10.0%
  • This year-5.6%
  • 1 year+4.1%
  • 5 years-49.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.4B
Operating margin
20.7%
Net margin
7.4%
EPS (TTM, diluted)
$0.23

Growth

Revenue growth
+4.9%
Change in growth rate
+8.4 pts
Share count change
+5.2%

Cash

Free cash flow (TTM)
-$178M
FCF margin
-7.3%
Stock pay % of revenue
0.5%

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for AQN from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Algonquin Power & Utilities Corp. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Algonquin Power & Utilities Corp. as an utility or power producer, with every model that fits that kind of business. Cost of equity 7.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.53 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Utility earnings model Net income growing 3% a year, discounted at 8%: for regulated investment that makes free cash flow negative. ~$4.8 ~$4.0–$6.1 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$6.4 ~$6.3–$7.8 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: earnings are not positive
Combined value Weighted average of the models that apply: the primary model (utility earnings model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$5.4 ~$4.8–$6.4 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Algonquin Power & Utilities Corp. with utilities and power producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 201720182019202020212022202320242025
Share price$7.25$6.87$10.09$12.27$11.26$5.43$5.59$4.20$5.94
Market value$2.8bn$3.2bn$5.1bn$6.9bn$7.1bn$3.7bn$3.9bn$3.1bn$4.6bn
+ Net debt (− = net cash)$3.0bn$5.9bn$7.0bn$7.7bn$9.3bn$12.0bn$10.9bn$9.0bn$8.4bn
Enterprise value$5.8bn$9.1bn$12.1bn$14.6bn$16.4bn$15.7bn$14.8bn$12.1bn$13.0bn
Multiples
Price / sales 1.8x1.9x3.1x4.1x3.1x1.3x1.6x1.3x1.9x
Price / earnings 18.7x17.3x9.6x8.8x26.7x—134.8x—25.4x
Price / free cash flow —50.0x170.2x——————
EV / EBITDA 9.3x14.2x18.6x20.9x20.1x18.3x18.0x14.4x14.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 6, 2026, before the open. Analysts expect revenue of $658m and EPS of $0.10 (range $0.09 to $0.11) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.36 +6% $2.6bn +8%
Next $0.41 +13% $2.7bn +4%

Next year's EPS estimate has moved +0.2% in 90 days, across 12 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.4% on 90 days ago. In the last 30 days, 1 analyst raised Algonquin Power & Utilities Corp.'s forecast and 0 cut it.

Consensus EPS forecast Algonquin Power & Utilities Corp., last 90 days
$0.34 $0.36 $0.38 $0.40 $0.42 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.35 Current fiscal year, 60 days ago: $0.36 Current fiscal year, 30 days ago: $0.36 Current fiscal year, 7 days ago: $0.36 Current fiscal year, Now: $0.36 $0.36 Next fiscal year, 90 days ago: $0.41 Next fiscal year, 60 days ago: $0.41 Next fiscal year, 30 days ago: $0.41 Next fiscal year, 7 days ago: $0.41 Next fiscal year, Now: $0.41 $0.41

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.35$0.41
60 days ago $0.36$0.41
30 days ago $0.36$0.41
7 days ago $0.36$0.41
Now $0.36$0.41

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.03 $0.04 +29.6%
Mar 2026 $0.11 $0.13 +13.3%
Dec 2025 $0.05 $0.06 +30.1%
Sept 2025 $0.06 $0.09 +41.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

12 analysts, Oct 2026
Buy542%
Hold758%
Sell00%

Monthly trend

  1. Oct 20265712
  2. Sep 20265712
  3. Aug 20265712
  4. Jul 20265712

Counts of recommendations published by analysts covering Algonquin Power & Utilities Corp., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
—
of tradable shares
Days to cover
3.25
at average volume
Short interest, 1 month
−24%
to October 15, 2026
Held by institutions
66%
of shares
Held by insiders
0.0%
of shares
Employees
3,233
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
AQN−8%−52%+3%−25%+42%−6%
Industry peers (median)+19%+0%−4%+16%+16%+5%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
AQN42%42%50%42%67%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
AQN−22%−58%−42%−34%−13%−27%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 70% from February 11, 2021 to December 19, 2024. Getting back needed a 230% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$4.94 – $6.74
From 52-week high
−16.8%
vs 50-day average
+5.9%
vs 200-day average
−3.7%
Volatility (1 year)
26%
Beta vs S&P 500
0.23

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Algonquin Power & Utilities Corp. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Algonquin Power & Utilities Corp.
$1.5B $2B $2.5B $3B FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Revenue (TTM), FY17 Q4: $1.5B Revenue (TTM), FY18 Q4: $1.6B Revenue (TTM), FY19 Q4: $1.6B Revenue (TTM), FY20 Q4: $1.7B Revenue (TTM), FY21 Q4: $2.3B Revenue (TTM), FY22 Q4: $2.8B Revenue (TTM), FY23 Q4: $2.4B Revenue (TTM), FY24 Q4: $2.3B Revenue (TTM), FY25 Q4: $2.4B $2.4B

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue (TTM)
FY17 Q4 $1.5B
FY18 Q4 $1.6B
FY19 Q4 $1.6B
FY20 Q4 $1.7B
FY21 Q4 $2.3B
FY22 Q4 $2.8B
FY23 Q4 $2.4B
FY24 Q4 $2.3B
FY25 Q4 $2.4B
Revenue growth, TTM YoY Algonquin Power & Utilities Corp.
-20% 0% 20% 40% FY18 Q4 FY20 Q4 FY22 Q4 FY25 Q4 Revenue growth, TTM YoY, FY18 Q4: 8.3% Revenue growth, TTM YoY, FY19 Q4: -1.3% Revenue growth, TTM YoY, FY20 Q4: 3.1% Revenue growth, TTM YoY, FY21 Q4: 35.6% Revenue growth, TTM YoY, FY22 Q4: 21.6% Revenue growth, TTM YoY, FY23 Q4: -13.1% Revenue growth, TTM YoY, FY24 Q4: -3.5% Revenue growth, TTM YoY, FY25 Q4: 4.9% 4.9%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue growth, TTM YoY
FY18 Q4 8.3%
FY19 Q4 -1.3%
FY20 Q4 3.1%
FY21 Q4 35.6%
FY22 Q4 21.6%
FY23 Q4 -13.1%
FY24 Q4 -3.5%
FY25 Q4 4.9%
Operating margin (TTM) Algonquin Power & Utilities Corp.
10% 15% 20% 25% FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Operating margin (TTM), FY17 Q4: 24.8% Operating margin (TTM), FY18 Q4: 23.0% Operating margin (TTM), FY19 Q4: 22.6% Operating margin (TTM), FY20 Q4: 22.9% Operating margin (TTM), FY21 Q4: 18.2% Operating margin (TTM), FY22 Q4: 14.5% Operating margin (TTM), FY23 Q4: 19.4% Operating margin (TTM), FY24 Q4: 19.2% Operating margin (TTM), FY25 Q4: 20.7% 20.7%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Operating margin (TTM)
FY17 Q4 24.8%
FY18 Q4 23.0%
FY19 Q4 22.6%
FY20 Q4 22.9%
FY21 Q4 18.2%
FY22 Q4 14.5%
FY23 Q4 19.4%
FY24 Q4 19.2%
FY25 Q4 20.7%
FCF margin (TTM) Algonquin Power & Utilities Corp.
-60% -40% -20% 0% 20% FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 FCF margin (TTM), FY17 Q4: -15.7% FCF margin (TTM), FY18 Q4: 3.9% FCF margin (TTM), FY19 Q4: 1.8% FCF margin (TTM), FY20 Q4: -16.7% FCF margin (TTM), FY21 Q4: -52.2% FCF margin (TTM), FY22 Q4: -17.0% FCF margin (TTM), FY23 Q4: -16.6% FCF margin (TTM), FY24 Q4: -16.8% FCF margin (TTM), FY25 Q4: -7.3% -7.3%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period FCF margin (TTM)
FY17 Q4 -15.7%
FY18 Q4 3.9%
FY19 Q4 1.8%
FY20 Q4 -16.7%
FY21 Q4 -52.2%
FY22 Q4 -17.0%
FY23 Q4 -16.6%
FY24 Q4 -16.8%
FY25 Q4 -7.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 40-F, 40-F/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Algonquin Power & Utilities took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $2.4B
  2. Other operating costs $1.9B · 79.3%
  3. Operating income $505M · 20.7%
  4. Income tax $65M · 2.7%
  5. Interest and other $259M · 10.6%
  6. Net income $181M · 7.4%

Shares of revenue. Source: Algonquin Power & Utilities's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 1.5 1.6 1.6 1.7 2.3 2.8 2.4 2.3 2.4
Gross profit 1.1 1.2 1.2 1.2 — — — — —
EBITDA 0.6 0.6 0.7 0.7 0.8 0.9 0.8 0.8 0.9
Operating income 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.4 0.5
Net income 0.1 0.2 0.5 0.8 0.3 −0.2 0.0 −1.4 0.2
Diluted EPS $0.37 $0.38 $1.04 $1.37 $0.41 −$0.33 $0.03 −$1.90 $0.22
Growth (year on year)
Revenue — +8.3% −1.3% +3.1% +35.6% +21.6% −13.1% −3.5% +4.9%
EBITDA — +1.7% +1.9% +7.2% +16.9% +5.1% −4.2% +2.5% +7.5%
Operating income — +0.3% −3.1% +4.7% +7.6% −2.7% +16.2% −4.5% +13.1%
Net income — +23.8% +187.0% +47.4% −66.2% −180.0% — — —
Diluted EPS — +2.7% +173.7% +31.7% −70.1% −180.5% — — —
Margins
Gross margin 70.4% 71.3% 71.0% 69.0% — — — — —
EBITDA margin 41.3% 38.8% 40.0% 41.6% 35.9% 31.0% 34.2% 36.3% 37.2%
Operating margin 24.8% 23.0% 22.6% 22.9% 18.2% 14.5% 19.4% 19.2% 20.7%
Net margin 9.8% 11.2% 32.6% 46.7% 11.6% −7.7% 1.2% −59.5% 7.4%
Free-cash-flow margin −15.7% 3.9% 1.8% −16.7% −52.2% −17.0% −16.6% −16.8% −7.3%
Cash flow
Cash from operations 0.3 0.5 0.6 0.5 0.2 0.6 0.6 0.5 0.6
Capital spending 0.6 0.5 0.6 0.8 1.3 1.1 1.0 0.9 0.8
Free cash flow −0.2 0.1 0.0 −0.3 −1.2 −0.5 −0.4 −0.4 −0.2
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Free cash flow after stock pay −0.2 0.1 0.0 −0.3 −1.2 −0.5 −0.4 −0.4 −0.2
Balance sheet
Cash 0.0 0.0 0.1 0.1 0.1 0.1 0.0 0.0 0.0
Total debt 3.1 5.9 7.1 7.8 9.4 12.0 11.0 9.1 8.5
Net debt (negative = net cash) 3.0 5.9 7.0 7.7 9.3 12.0 10.9 9.0 8.4
Diluted shares 386m 466m 505m 564m 629m 678m 691m 734m 772m
Returned to shareholders
Dividends 0.1 0.2 0.2 0.3 0.3 0.4 0.3 0.3 0.2
Total returned 0.1 0.2 0.2 0.3 0.3 0.4 0.3 0.3 0.2

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 6 checks passed · December 31, 2025
What it owns · $14.1bn
Short-term assets $1.2bnLonger-term assets $12.9bn
What it owes, and who funded it · $5.8bn
Short-term liabilities $1.2bnShareholders' equity $4.6bn
  • Short-term assets cover short-term liabilities $1.2bn of assets due within a year against $1.2bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $33m of cash against $6.5bn of debt.
  • Debt below 40% of shareholders' equity Debt is 141% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 85% to 141% over five years.
  • A year's operating cash flow covers at least 20% of debt $594m of operating cash flow against $6.5bn of debt.
  • Operating profit covers interest at least five times over Operating income of $505m against $282m of interest.

From Algonquin Power & Utilities Corp.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$201M
Returned to shareholders
-113%
of free cash flow
Diluted share count
+5.2%
year over year
Total shareholder yield
4.7%
dividends 4.7% + buybacks 0.0% of market value
Dividend payout ratio
111%
of net income paid out

Competitors: side by side with peers

Closest by revenue in electric utilities
Last 12 months unless stated AQN TXNM HE OGE POR LNT Median
Revenue, last 12 months $2.4bn $2.3bn $3.3bn $3.4bn $3.6bn $4.4bn $9.4bn
Revenue growth, last 12 months 4.9% 10.0% 5.1% 2.4% 1.2% 6.8% 6.4%
Revenue growth, 3-year average — 3.3% −0.9% 6.2% 7.2% 1.9% 3.7%
Revenue growth, latest quarter — 13.3% 25.9% 13.2% 2.0% 1.0% 4.3%
Gross margin 69.0% 41.0% — 62.0% — 85.8% 65.9%
Operating margin 20.7% 24.4% 11.5% 25.8% 14.4% 22.1% 22.3%
Operating margin, 3-year average 21.2% 20.6% −11.1% 25.0% 15.3% 22.7% 22.4%
Net margin 7.4% 9.9% 6.9% 16.4% 7.7% 18.4% 13.3%
Cash from operations / revenue 24.4% 26.3% −4.4% 37.9% 27.0% 26.1% 27.0%
Free-cash-flow margin −7.3% −26.0% −17.2% 6.2% −11.7% −23.8% −10.0%
Free-cash-flow margin, 3-year average −25.1% −30.8% −4.3% −0.8% −11.4% −22.6% −8.2%
Stock pay / revenue 0.5% 0.3% 0.1% 0.5% — 0.7% 0.4%
Change in share count 5.2% 15.0% 9.6% 2.4% 6.1% 0.8% 1.7%

Median of all 25 companies we cover in electric utilities. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

25 electric utilities companies
Measure Company Peer median Rank
Revenue growth Growth 4.9% 6.4% 17 of 25
Change in growth rate Growth +8.4pp -0.1pp 3 of 25
Operating margin Profitability 20.7% 22.5% 16 of 24
Net margin Profitability 7.4% 13.3% 23 of 25
Free-cash-flow margin Cash generation -7.3% -10.0% 10 of 24
Stock pay as % of revenue Cash generation 0.5% 0.5% 5 of 8
Long-term debt as % of assets Balance sheet 43.6% 40.9% 22 of 24
Change in share count Balance sheet 5.2% 1.7% 19 of 23

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$3.1B
Institutions reporting
238
Shares held vs prior quarter
▲ 1.9%
Positions opened / closed
20 / 30

Top buyers and sellers, Q2 2026: 123 institutions bought and 98 sold ; the biggest buyer was Edgepoint Investment Group Inc (+6.9M shares) and the biggest seller Ariel Investments, LLC (−13.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Edgepoint Investment Group Inc. $519M 88.4M 16.8% ▲ 8.5%
Starboard Value LP $335M 57.2M 10.8% 0.0%
Fil Ltd $231M 39.3M 7.5% ▲ 3.2%
Vanguard Capital Management LLC $132M 22.5M 4.3% ▲ 0.7%
Bank Of Montreal $121M 20.7M 3.9% ▲ 2.5%
Mitsubishi Ufj Trust & Banking Corp $87.1M 14.8M 2.8% ▲ 17.1%
British Columbia Investment Management Corp $79.8M 13.6M 2.6% ▲ 2.0%
Clearbridge Investments, LLC $79.1M 13.5M 2.6% ▲ 5.1%
Royal Bank Of Canada $71.2M 12.1M 2.3% ▼ 40.9%
Principal Financial Group Inc $67.9M 11.6M 2.2% ▼ 15.2%
Morgan Stanley $66.6M 11.4M 2.1% ▲ 60.2%
Norges Bank $64.7M 11.0M 2.1% —

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Algonquin Power & Utilities Corp.'s complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Algonquin Power & Utilities Corp. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Algonquin Power & Utilities Corp. in brief

What does Algonquin Power & Utilities Corp. do?
Algonquin Power & Utilities Corp. is a US-listed company in the electric utilities industry. Its financial year ends in December.
What is Algonquin Power & Utilities Corp.'s stock ticker?
Algonquin Power & Utilities Corp. trades under the ticker AQN on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Algonquin Power & Utilities Corp.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Algonquin Power & Utilities Corp. reported revenue of $2.4B, 4.9% higher than a year earlier, according to its SEC filings.
What is Algonquin Power & Utilities Corp.'s free cash flow?
Algonquin Power & Utilities Corp.'s free-cash-flow margin is -7.3% of revenue over the trailing twelve months, ranking 10 of the 24 electric utilities companies we cover.
Who are Algonquin Power & Utilities Corp.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Edgepoint Investment Group Inc., Starboard Value LP and Fil Ltd. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Algonquin Power & Utilities Corp.'s market cap?
On December 31, 2025, Algonquin Power & Utilities Corp.'s market capitalisation was about $4.6B, with a price-to-earnings ratio of 25.4 and net debt of $8.4B. Market figures come from third-party market data and may be delayed.
Does Algonquin Power & Utilities Corp. pay a dividend?
Yes: Algonquin Power & Utilities Corp. paid $201M in dividends over the trailing twelve months, a dividend yield of 4.67% and a payout ratio of 111.3%.
How much debt does Algonquin Power & Utilities Corp. have?
Algonquin Power & Utilities Corp.'s debt-to-equity ratio is 140.8%, from its latest balance sheet (84.5% five years earlier). The financial health section below sets out its other solvency checks.
Who are Algonquin Power & Utilities Corp.'s competitors?
In our Electric Utilities peer group, the companies closest to Algonquin Power & Utilities Corp. are Txnm Energy Inc, Hawaiian Electric Industries Inc, OGE Energy Corp., Portland General Electric Co and Alliant Energy. The side-by-side comparison below sets their revenue, margins and growth against Algonquin Power & Utilities Corp.'s.
When is Algonquin Power & Utilities Corp.'s next earnings date?
Around November 6, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Algonquin Power & Utilities Corp. announces its own schedule.