Algonquin Power & Utilities Corp. (AQN) AI Stock Analysis

Algonquin Power & Utilities Corp. operates regulated and non-regulated utility assets spanning generation, distribution, and transmission across the United States, Canada, Chile, and Bermuda. The Regulated Services Group delivers electric, natural gas, and water distribution services to approximately 1,093,000 customer connections. The Renewable Energy Group produces and distributes electrical energy, capacity, and ancillary products through an extensive portfolio of hydroelectric, wind, solar, and thermal facilities. In addition, Algonquin Power & Utilities Corp. manages a diverse portfolio of clean energy and water infrastructure assets.

Revenue grew at a 5-year CAGR of 7.7% from FY2020 through FY2025. Annual revenue reached $2.43B in FY2025, rising 4.9% from $2.32B in FY2024, after contracting 13.1% in FY2023. Operating margin improved to 21.5% in FY2025, up from 19.2% in FY2024 and 14.5% in FY2022. Net income rebounded to $180.8M in FY2025, corresponding to an EPS of $0.33, compared to a net loss of $1.38B and an EPS of $0.37 in FY2024. For the trailing twelve months ending June 30, 2026, revenue stood at $2.55B with a profit margin of 5.9%, while quarterly earnings fell 95.4% year-over-year.

As of June 30, 2026, Algonquin Power & Utilities Corp. held $55.0M in cash and short-term investments against $6.64B in total debt, resulting in net debt of $6.58B. The company recorded a debt-to-equity ratio of 1.44 and a current ratio of 0.88 against $4.62B in shareholders' equity. In FY2025, operating cash flow was $604.0M, but capital expenditures of $785.4M resulted in negative free cash flow of -$181.4M. Cash dividends paid totaled $215.5M during FY2025, while the share count increased 14.0% over 5 years.

AQN closed at $5.25 on October 16, 2026, giving it a market capitalization of $4.04B and an enterprise value of $10.79B. The stock trades at a trailing P/E of 21.9x and a forward P/E of 12.9x, compared to the median of its US-listed Utilities peers of 20.6x and 17.2x, respectively. Its enterprise value-to-EBITDA ratio is 11.6x, below the peer median of 12.1x. Over the past 1-year and 5-year periods, the stock returned -6.7% and -53.2%, trailing the S&P 500 returns of 16.8% and 83.0%.

AQN offers a forward annual dividend of $0.26 per share, representing a dividend yield of 4.95%. The payout ratio stands at 101.6%, while the 5-year annualized dividend growth rate declined 11.7%. Algonquin Power & Utilities Corp. pays dividends on a quarterly schedule and has maintained consecutive dividend payments for 18 years, with its most recent ex-dividend date on September 29, 2026.

Consensus analyst coverage consists of 5 Buy and 7 Hold recommendations, with 0 Sell ratings. The mean price target is $6.58, representing an upside of 25.2% over the last close of $5.25. For the current fiscal year ending December 31, 2026, analysts estimate revenue of $2.62B and EPS of $0.36. For the next fiscal year, 12 analysts project revenue of $2.73B and EPS of $0.41. The company beat EPS estimates in 3 of the last 4 quarters, and the next earnings date is November 6, 2026.

This page is an AI-written research summary of Algonquin Power & Utilities Corp. (AQN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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