Algonquin Power & Utilities (AQN)

Utilities · Utilities - Diversified
$5.11 +0.59% on the day Market cap $3.9B 52-week range $4.91 to $7.11 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Algonquin Power & Utilities's free cash flow was negative in fiscal 2025, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

D

Five factors scored 1 to 9 from AQN's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation7
Profitability4
Growth3
Financial health3
Cash efficiency0

Results from SEC filings

Fiscal years, from Algonquin Power & Utilities's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year20212022202320242025
Revenue$2.3B$2.8B$2.4B$2.3B$2.4B
Net income$265M-$212M$29M-$1.4B$181M
Free cash flow-$1.2B-$470M-$398M-$391M-$178M
EPS (diluted)$0.41-$0.33$0.03-$1.90$0.22
Operating margin18.2%14.5%19.4%19.2%20.7%

Where the revenue comes from

Revenue by segments, fiscal 2020. Every breakdown, year by year.

Regulated Services Group$1.4B84%
Renewable Energy Group$270M16%
Corporate$2M0%

Superinvestors who own AQN

From each investor's latest 13F filing (what a 13F shows). 4 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Hersh Cohen
ClearBridge Investments
Added $79M0.06%Q2 2026
John Rogers
Ariel Investments
Trimmed $39M0.39%Q2 2026
Mario Gabelli
GAMCO Investors
Trimmed $18M0.16%Q2 2026
Will Nasgovitz
Heartland Advisors
Trimmed $8M0.36%Q2 2026

Insider buying

Open-market purchases by Algonquin Power & Utilities's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of AQN in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Algonquin Power & Utilities insiders buying the stock?

No open-market insider purchases of AQN in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Algonquin Power & Utilities?

4 of the superinvestors Investingly tracks hold AQN in their latest 13F, including Hersh Cohen, John Rogers, Mario Gabelli.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.