Algonquin Power & Utilities Corp
Algonquin Power & Utilities Corp. is a diversified utility and renewable energy company headquartered in Oakville, Canada. Through its operating business, Liberty, Algonquin provides regulated electricity, natural gas, water, and wastewater services to customer connections across North America, while also operating hydroelectric generation assets in Canada. Its business is organized around regulated utility services and hydroelectric operations, with activities that include electric generation and transmission, water distribution, wastewater collection, and natural gas delivery. The company serves residential, commercial, and municipal customers through long-term utility infrastructure that supports essential energy and water needs. Algonquin Power & Utilities Corp. plays a significant role in the North American utilities market by combining regulated service operations with renewable power generation and infrastructure management.
$5.31
+$0.08 (+1.53%)
EOD Oct 21, 2026
21.49% operating margin is above average. ROIC at 2.96%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 4.9%, steady but not accelerating.
At 27x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Negative free cash flow of -$178M. The business is consuming cash, not generating it.
26.5x earnings. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$2.55B
▲ +4.9% YoY
Net Income (TTM)
$77M
▲ +107.1% YoY
Op. Margin
20.77%
▲ +2.1pp YoY
ROIC
2.96%
▲ +1.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$59M
▲ +54.4% YoY
Op. Cash Flow (TTM)
$597M
▲ +54.7% YoY
Net Debt
N/A
Cash & Equiv.
N/A
3Y CAGR: -4.2%
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Is Algonquin Power & Utilities (AQN) overvalued?
At a P/E of 26.5, Algonquin Power & Utilities (AQN)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Algonquin Power & Utilities scores 20/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.4%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is Algonquin Power & Utilities a high-quality business?+
Algonquin Power & Utilities scores 20 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 20.8% operating margin and a 3.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Algonquin Power & Utilities (AQN) pay a dividend, and how much?+
Yes, Algonquin Power & Utilities pays a regular dividend of about $0.13 per share per year (typically in quarterly installments), a yield of roughly 2.4% at the current price. That is a payout ratio of about 131.0% of earnings, so the dividend is stretched at this level. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For AQN's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Algonquin Power & Utilities a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh AQN's valuation and scores 20/100 on quality (lower-quality). It also yields about 2.4%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Related stocks: Utilities - Diversified
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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