Algonquin Power & Utilities
Operates regulated electric, gas, water and wastewater utilities, plus retained hydro generation.
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Profile
Operates Liberty-branded regulated electric, natural-gas, water and wastewater systems, plus retained hydro generation. Most revenue comes from the United States, while returns depend on local regulation, capital execution, operating efficiency and customer service.
Operates the Regulated Services Group, Hydro Group and Corporate Group after selling Atlantica and most non-regulated renewables. Liberty-branded systems provide electric, natural-gas, water and wastewater service, transmission, and generation and storage.
Most revenue comes from the United States, with additional operations in Canada, Bermuda and Chile. Customer experience, operating efficiency and constructive regulatory outcomes anchor the current Back-to-Basics program.
Runs capital programs across local utility systems while retaining Canadian hydro generation. Allowed returns and cost recovery depend on jurisdiction-specific regulation; service quality, financing costs and project execution shape results. AQNB is the issuer's long-dated subordinated note, not its common stock.
Company facts
Categories
Key statistics
Year to date +3.0% · Average volume (30d) 19.4K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Fiscal year | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise |
|---|---|---|---|---|---|---|
| 2025 | — | $0.21 | — | — | $2.43B | — |
| 2024 | — | $0.09 | — | — | $2.32B | — |
| 2023 | — | $0.04 | — | — | $2.71B | — |
| 2022 | — | −$0.29 | — | — | $2.62B | — |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $692.4M | $527.8M | $582.7M | $630.7M | $792.4M | $543.9M | |
| Gross profit | $278.1M | $185.8M | $456.4M | $3.1M | $289.0M | $193.4M | |
| Operating income | $178.9M | $64.8M | $149.7M | $111.3M | $180.8M | $83.6M | |
| Net income | $96.8M | $24.1M | $38.9M | $21.0M | $86.2M | $3.6M | |
| Diluted EPS | $0.12 | $0.02 | $0.03 | $0.04 | $0.11 | $0.01 | |
| Gross margin | 40.2% | 35.2% | 78.3% | 0.5% | 36.5% | 35.6% | |
| Operating margin | 25.8% | 12.3% | 25.7% | 17.6% | 22.8% | 15.4% |
Fiscal years (4-quarter sums)FY21 $2.21B · FY22 $2.62B · FY23 $2.71B · FY24 $2.32B · FY25 $2.43B
Balance sheet, Jun 30, 2026Cash & short-term investments $55.0M · Total debt $6.65B · Total assets $13.92B · Shareholders' equity $4.62B
Dividends
Raised for 5 straight years — most recently to $0.5088 from $0.49 in Jun 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 15, 2026 | Jun 15 | Jul 1 | $0.5088 | raised from $0.49 |
| Mar 13, 2026 | Mar 13 | Apr 1 | $0.49 | cut from $0.533 |
| Dec 15, 2025 | Dec 15 | Jan 2 | $0.533 | cut from $0.5412 |
| Sep 15, 2025 | Sep 15 | Oct 1 | $0.5412 | cut from $0.5475 |
| Jun 13, 2025 | Jun 13 | Jul 1 | $0.5475 | raised from $0.5304 |
| Mar 14, 2025 | Mar 14 | Apr 1 | $0.5304 | cut from $0.566 |
| Dec 13, 2024 | Dec 13 | Jan 2 | $0.566 | cut from $0.614 |
| Sep 13, 2024 | Sep 13 | Oct 1 | $0.614 | raised from $0.3875 |
Ownership
Shares outstanding 734.05M · Float —
This issuer lists more than one class and the share count spans them all, so a stake here reads as a share of the whole company, not of this class.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % of company | Form | Filed |
|---|---|---|---|---|
| Iat Reinsurance Co Ltd. | 200.0K | 0.03% | 13F | May 14, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Fortis
Closest broad peer in regulated electric and gas utilities
- Essential Utilities
Water, wastewater, and gas overlap through Aqua and Peoples
- American Water Works
Largest US regulated water and wastewater utility peer
- Black Hills
Mid-sized regulated electric and gas utility counterpart
- Evergy
Electric utility peer across Kansas and Missouri
- Spire
Natural gas utility peer with a major Missouri footprint
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Algonquin Power & Utilities | $26.28 | −0.27% | $19.29B | 141.6 | — | 1.7 | — |
| Fortis | $54.88 | +0.38% | $27.83B | 23.9 | 21.6 | 3.1 | −0.2% |
| Essential Utilities | $41.25 | +0.39% | $11.66B | 21.0 | 17.8 | 4.5 | +3.1% |
| American Water Works | $134.88 | −2.46% | $27.48B | 23.9 | 22.6 | 5.2 | +6.2% |
| Black Hills | $72.80 | −0.03% | $5.54B | 18.4 | 15.6 | 2.4 | +3.1% |
| Evergy | $80.30 | −0.43% | $18.59B | 20.4 | 18.0 | 3.1 | +4.4% |
| Spire | $82.56 | −0.05% | $4.88B | 9.2 | 16.9 | 1.9 | −0.4% |
| Median | 20.7 | 17.9 | 3.1 | +3.1% |