Algonquin Power & Utilities (AQN) revenue breakdown
By segment, Regulated Services Group is the largest at 84% of fiscal 2020 revenue; Renewable Energy Group grew fastest, 5% a year over 3 years.
By product, Regulated Electricity is the largest at 53% of fiscal 2025 revenue; Regulated Water grew fastest, 15% a year over 8 years.
Revenue by segment
Fiscal years, as Algonquin Power & Utilities reports them in its 10-K filings; fiscal 2020 total $1.7B.
| Segments | 2017 | 2018 | 2019 | 2020 | Share |
|---|---|---|---|---|---|
| Regulated Services Group | $1.3B | $1.4B | $1.4B | $1.4B | 84% |
| Renewable Energy Group | $231M | $247M | $257M | $270M | 16% |
| Corporate | — | — | $1M | $2M | 0% |
Revenue by product
Fiscal years, as Algonquin Power & Utilities reports them in its 10-K filings; fiscal 2025 total $2.4B.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Regulated Electricity | $764M | $831M | $784M | $776M | $1.2B | $1.3B | $1.3B | $1.3B | $1.3B | 53% |
| Regulated natural gas | $377M | $431M | $439M | $455M | $526M | $687M | $621M | $546M | $614M | 25% |
| Regulated Water | $140M | $128M | $130M | $155M | $235M | $364M | $399M | $406M | $427M | 18% |
| Other revenue | $24M | $22M | $26M | $35M | $73M | $84M | $54M | $56M | $63M | 3% |
| Non-Regulated Energy | $218M | $235M | $247M | $256M | $257M | $351M | $34M | $35M | $36M | 1% |
Revenue by region
Fiscal years, as Algonquin Power & Utilities reports them in its 10-K filings; fiscal 2025 total $2.4B.
| Regions | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| United States | $1.4B | $1.6B | $1.5B | $1.5B | $1.8B | $2.2B | $1.9B | $1.9B | $2.0B | 80% |
| International, Excluding Canada | — | — | — | $48M | $326M | $357M | $366M | $376M | $376M | 15% |
| Canada | $73M | $70M | $89M | $154M | $158M | $175M | $95M | $92M | $102M | 4% |
Questions
Where does Algonquin Power & Utilities make its money?
In fiscal 2020, by segment: Regulated Services Group $1.4B, Renewable Energy Group $270M, Corporate $2M.
From Algonquin Power & Utilities's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.