Algonquin Power & Utilities Corp

Chart & Performance

D1W1MN

Profile

Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company operates through two segments, Regulated Services Group and Renewable Energy Group. The Regulated Services Group segment operates a portfolio of rate-regulated utilities located in the United States, Canada, Chile, and Bermuda. Its utilities provide distribution services to approximately 1,093,000 customer connections in the electric, natural gas, and water and wastewater sectors The Renewable Energy Group segment generates and sells electrical energy, capacity, ancillary products, and renewable attributes produced by its portfolio of renewable and clean power generation facilities primarily in the United States and Canada. It owns and operates hydroelectric, wind, solar, and thermal facilities; and owns and operates a portfolio of clean energy and water infrastructure assets. The company was incorporated in 1988 and is headquartered in Oakville, Canada.

URL

https://algonquinpower.com/

IPO date

Dec 23, 1997

Employees

3,951

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	2,698,015 -2.43%	2,765,155 20.99%	2,285,479 36.28%
Cost of revenue	826,304	957,678	802,139
Unusual Expense (Income)
NOPBT	1,871,711	1,807,477	1,483,340
NOPBT Margin	69.37%	65.37%	64.90%
Operating Taxes	(86,300)	(61,513)	(43,425)
Tax Rate
NOPAT	1,958,011	1,868,990	1,526,765
Net income	28,674 -109.31%	(308,155) -265.98%	185,657 -76.27%
Dividends	(330,824)	(371,970)	(313,336)
Dividend yield	5.73%	6.71%	2.73%
Proceeds from repurchase of equity	2,891	38,879	982,247
BB yield	-0.05%	-0.70%	-8.55%
Debt
Debt current	621,856	423,274	356,397
Long-term debt	7,914,667	7,110,577	5,877,490
Deferred revenue			818,443
Other long-term liabilities	1,272,934	1,282,956	515,911
Net debt	6,880,842	5,722,619	3,795,916
Cash flow
Cash from operating activities	628,034	619,096	157,466
CAPEX	(1,026,171)	(1,089,024)	(1,345,045)
Cash from investing activities	(1,095,621)	(1,788,409)	(1,798,109)
Cash from financing activities	442,808	1,110,236	1,673,716
FCF	1,297,818	926,573	(1,329,305)
Balance
Cash	56,142	57,623	125,157
Long term investments	1,599,539	1,753,609	2,312,814
Excess cash	1,520,780	1,672,974	2,323,697
Stockholders' equity	6,935,517	7,146,402	7,699,598
Invested Capital	15,210,955	14,277,814	12,923,637
ROIC	13.28%	13.74%	13.44%
ROCE	10.81%	10.94%	9.40%
EV
Common stock shares outstanding	690,763	628,948	628,948
Price	8.36 -5.22%	8.82 -51.72%	18.27 -12.79%
Market cap	5,774,781 4.10%	5,547,320 -51.72%	11,490,877 -2.81%
EV	14,743,128	13,390,406	17,313,700
EBITDA	2,338,707	2,262,997	1,886,303
EV/EBITDA	6.30	5.92	9.18
Interest	371,538	293,748	209,554
Interest/NOPBT	19.85%	16.25%	14.13%