Algonquin Power & Utilities Corp
Research Algonquin Power & Utilities Corp (AQN) on Bullrun: valuation model: fairly valued, market cap USD 3.93B, P/E 24.7, dividend yield 3.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerAQN
- ExchangeNYSE
- CountryCanada
- SectorUtilities
- IndustryUtilities-Diversified
- CurrencyUSD
- Valuation signalfairly valued
- Market capUSD 3.93B
- P/E24.7
- Dividend yield3.8%
- Financial periodQ2 2026
- RevenueUSD 543.90M
- Net incomeUSD 3.60M
- Free cash flowUSD 123.70M
- Gross margin75.7%
Valuation Snapshot
Bullrun's latest valuation model marks Algonquin Power & Utilities Corp as fairly valued; latest market cap is USD 3.93B; P/E is 24.7; dividend yield is 3.8%.
Peer valuation comparison
Latest P/E is 24.75x versus a Utilities sector median of 17.4x (42.2% above).
Latest dividend yield is 3.82% versus a Utilities sector median of 3.57% (7.2% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 2.43B | USD 180.80M | -USD 178.30M | 73.7% | 0.22 | USD 32.70M | USD 6.53B | USD 4.64B |
| FY2024 | USD 2.32B | -USD 1.38B | -USD 390.70M | 74.1% | -1.9 | USD 34.80M | USD 6.70B | USD 4.71B |
| FY2023 | USD 2.40B | USD 28.67M | -USD 398.14M | 69.1% | 0.03 | USD 25.05M | USD 7.50B | USD 5.04B |
| FY2022 | USD 2.77B | -USD 211.99M | -USD 469.93M | 68.7% | -0.33 | USD 57.62M | USD 7.51B | USD 5.22B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 3.93B | 24.7 | 3.8% | 0.2 |
| 2025 | 2025-12-31 | USD 4.73B | 28.0 | 2.3% | 0.14 |
| 2024 | 2024-12-31 | USD 3.41B | n/a | 8.1% | 0.36 |
| 2023 | 2023-12-29 | USD 4.36B | n/a | 7.0% | 0.44 |
| 2022 | 2022-12-30 | USD 4.46B | 163.0 | 10.9% | 0.71 |
| 2021 | 2021-12-31 | USD 9.71B | 38.0 | 4.6% | 0.67 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.2 USD, yield 3.8%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.26 USD |
| FY2024 | 0.35 USD |
| FY2023 | 0.43 USD |
| FY2022 | 0.71 USD |
About Algonquin Power & Utilities Corp
Algonquin Power & Utilities Corp. operates in the power and utility industries. It owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2025, it operated a portfolio of regulated utility systems in the United States, Canada, Bermuda, and Chile, serving approximately 1,272,000 customer connections.
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Frequently asked questions
Is Algonquin Power & Utilities Corp overvalued or undervalued?
Bullrun's valuation model currently marks Algonquin Power & Utilities Corp as fairly valued.
What is Algonquin Power & Utilities Corp's market cap?
Algonquin Power & Utilities Corp's market capitalization is USD 3.93B.
What is Algonquin Power & Utilities Corp's P/E ratio?
Algonquin Power & Utilities Corp's price-to-earnings (P/E) ratio is 24.7.
Does Algonquin Power & Utilities Corp pay a dividend?
Algonquin Power & Utilities Corp has a dividend yield of 3.8%.
What does Algonquin Power & Utilities Corp do?
Algonquin Power & Utilities Corp. operates in the power and utility industries. It owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2025, it operated a portfolio of regulated utility systems in the United States, Canada, Bermuda, and Chile, serving approximately 1,272,000 customer connections.