AQN
UtilitiesAlgonquin Power & Utilities Corp. · Renewable Utilities · $5B
What is Algonquin Power & Utilities Corp.?
Algonquin Power & Utilities Corp. is a Canadian mid-cap utility operating regulated distribution networks and a portfolio of renewable energy generation assets across North America and beyond.
The company runs two core segments: a Regulated Services Group that delivers electric, natural gas, water, and wastewater services to over one million customer connections across the United States, Canada, Chile, and Bermuda; and a Renewable Energy Group that generates power from wind, solar, hydroelectric, and thermal facilities primarily in North America.
Incorporated in 1988 and headquartered in Oakville, Canada, Algonquin has grown through acquisitions into a diversified utility operator.
- Rate-regulated electric, gas, water, and wastewater distribution
- Wind, solar, and hydroelectric power generation
- Clean energy and water infrastructure assets
Is AQN a Good Stock to Buy?
UQS Score rates AQN as Below Average overall.
Valuation is the standout pillar, rating Good — suggesting the market may already be pricing in the company's challenges. Growth sits at a Neutral rating, reflecting modest but present expansion potential within its regulated and renewable segments.
Quality, Moat, and Risk all rate Weak, pointing to meaningful concerns around financial durability, competitive positioning, and balance sheet stability.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does AQN pay dividends?
Yes — Algonquin Power & Utilities Corp. pays a dividend.
AQN pays a regular dividend, which has historically attracted income-focused investors to utility stocks. However, given the Weak Quality and Risk pillar ratings, investors should assess the sustainability of that payout carefully before relying on it for income.
When does AQN report earnings?
Algonquin Power & Utilities reports earnings on a quarterly cadence, typical for North American-listed equities.
The company's regulated utility base provides relatively predictable revenue, though execution challenges and elevated debt levels have weighed on recent results. Renewable energy contributions add variability depending on resource conditions.
For the most recent quarter's results and guidance, visit Algonquin Power & Utilities' investor relations page directly.
AQN Price History
-46.3% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Algonquin Power & Utilities Corp.?
Based on Algonquin Power & Utilities Corp.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does Algonquin Power & Utilities do?
Algonquin operates regulated utility networks — delivering electricity, natural gas, and water services — alongside a portfolio of renewable power generation assets including wind, solar, and hydroelectric facilities, primarily across North America.
Does AQN pay dividends?
Yes, AQN pays a regular dividend. Utility stocks are commonly held for income, but the Weak Risk and Quality pillar ratings suggest investors should review dividend sustainability carefully before making income-focused decisions.
When does AQN report earnings?
Algonquin Power & Utilities reports on a quarterly basis. For confirmed dates and the latest results, check the company's official investor relations page rather than relying on third-party estimates.
Is AQN a good stock to buy?
UQS Score rates AQN as Below Average. While Valuation rates Good and Growth is Neutral, three pillars — Quality, Moat, and Risk — rate Weak. The full pillar breakdown is available to Pro members at UQS Score.
Is AQN overvalued?
AQN's Valuation pillar rates Good, suggesting the stock is not considered expensive relative to its fundamentals at current levels. That said, valuation alone does not offset the Weak ratings across Quality, Moat, and Risk.
What is AQN's market cap bracket?
AQN is classified as a mid-cap stock, placing it between smaller regional utilities and the largest integrated utility conglomerates in terms of overall market size.
Is AQN a long-term quality indicator?
Based on UQS Score's five-pillar framework, AQN's long-term quality profile is challenged. Weak scores across Quality, Moat, and Risk suggest limited durable advantages. Investors focused on long-term compounding may want to compare AQN against higher-rated peers in the [utilities sector](/sector/utilities).
What sector does AQN belong to?
AQN operates in the Utilities sector, spanning both regulated distribution services and renewable power generation — a combination that blends stable, rate-regulated cash flows with exposure to clean energy growth trends.
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Pro Analysis
AQN — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 43.1 | 32.8 | 38.0 | 58.9 | 13.9 | 77.1 | -0.1 |
| May 21, 2026 | 43.2 | 32.8 | 38.0 | 58.9 | 13.9 | 77.5 | -0.1 |
| May 16, 2026 | 43.3 | 32.8 | 38.0 | 58.9 | 13.9 | 78.1 | +0.1 |
| May 15, 2026 | 43.2 | 32.8 | 38.0 | 58.9 | 13.9 | 77.4 | -0.2 |
| May 14, 2026 | 43.4 | 32.8 | 38.0 | 59.9 | 13.9 | 77.4 | +0.1 |
| May 12, 2026 | 43.3 | 32.8 | 38.0 | 59.9 | 13.9 | 76.9 | +0.6 |
| May 11, 2026 | 42.7 | 32.8 | 38.0 | 57.1 | 13.9 | 76.2 | +0.4 |
| May 10, 2026 | 42.3 | 30.7 | 38.0 | 56.8 | 13.9 | 77.8 | +0.6 |
| May 8, 2026 | 41.7 | 29.7 | 38.0 | 56.3 | 13.9 | 76.2 | -0.1 |
| May 7, 2026 | 41.8 | 29.7 | 38.0 | 56.3 | 13.9 | 76.8 | 0.0 |
AQN — Pillar Breakdown
Quality
— 32.8/100 (25%)Algonquin Power & Utilities Corp. currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 58.9/100 (20%)Algonquin Power & Utilities Corp. demonstrates healthy growth trends across revenue and earnings.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 13.9/100 (15%)Algonquin Power & Utilities Corp. presents elevated risk with concerns around leverage or financial stability.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 78.5/100 (15%)Algonquin Power & Utilities Corp. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 38/100 (25%)Algonquin Power & Utilities Corp. possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for AQN.
Score Composition
Financial Data
More Stock Analysis
How is the AQN UQS Score Calculated?
The UQS (Unified Quality Score) for Algonquin Power & Utilities Corp. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Algonquin Power & Utilities Corp.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Algonquin Power & Utilities Corp. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.