ALGONQUIN POWER & UTILITIES CORP. AQN
ALGONQUIN POWER & UTILITIES CORP. (AQN) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the distress zone. It pays a dividend yielding 3.08% (safety: at-risk). FY2025 revenue was $2.4B at a 7.4% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-05-12 | Wells Fargo | Equal-Weight (init) |
| 2026-04-20 | CIBC | Neutral (main) |
| 2026-04-01 | Barclays | Overweight (init) |
| 2026-03-10 | CIBC | Neutral (main) |
| 2026-03-09 | Raymond James | Outperform (up) |
| 2025-11-10 | Janney Montgomery Scott | Buy (up) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Transportation & Utilities · percentile among 348 companies
Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.0 |
| Retained earnings / assets | -0.209 |
| EBIT / assets | 0.036 |
| Equity / liabilities | 0.555 |
Sector peers · similar-size Transportation & Utilities companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| AQN | ALGONQUIN POWER & UTILITIES CORP. | 6/9 | 0.14 | 36.1 | +4.9% |
| BKH | BLACK HILLS CORP /SD/ | 5/9 | 1.48 | 19.9 | +8.6% |
| TXNM | TXNM ENERGY INC | 3/9 | 0.65 | — | +9.9% |
| HE | HAWAIIAN ELECTRIC INDUSTRIES INC | 5/9 | 0.5 | 18.6 | -4.1% |
| IDA | IDACORP INC | 5/9 | 1.49 | 26.2 | -1.2% |
| OGE | OGE ENERGY CORP. | 6/9 | 1.64 | 21.7 | +9.2% |
| CWEN | Clearway Energy, Inc. | 4/9 | 0.73 | 45.8 | +4.2% |
All Transportation & Utilities companies →
About ALGONQUIN POWER & UTILITIES CORP.
Algonquin Power & Utilities Corp. operates in the power and utility industries. It owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2025, it operated a portfolio of regulated utility systems in the United States, Canada, Bermuda, and Chile, serving approximately 1,272,000 customer connections. Its regulated electrical distribution utility systems and related transmission and generation assets are located in the states of Arkansas, California, Kansas, Missouri, Nevada, New Hampshire, and Oklahoma, as well as in Bermuda with approximately 311,000 electric customer connections. Its regulated water distribution and wastewater utility systems are located in the states of Arizona, Arkansas, California, Illinois, Missouri, New York, and Texas, as well as in Chile with approximately 583,000 customer connections. It's regulated natural gas distribution utility systems are located in the states of Georgia, Illinois, Iowa, Massachusetts, Missouri, New Hampshire, and New York; and in the Canadian province of New Brunswick with approximately 378,000 natural gas customer connections. It also owns and operates generating assets with a gross capacity of approximately 2.0 gigawatt (GW) and has investments in generating assets with approximately 0.3 GW of net generation capacity. It generates and sells hydroelectric energy in Canada, and capacity and renewable attributes are produced by its portfolio of 14 hydroelectric power generation facilities located in the provinces of Alberta, Ontario, New Brunswick, and Quebec. As of December 31, 2025, it had a combined gross generating capacity of approximately 112 megawatts (MW) and a combined net generating capacity of approximately 105 MW. The company was formerly known as Traduction Militech Translation Inc. in October 2009. The company was incorporated in 1988 and is headquartered in Oakville, Canada.
FAQ
Is AQN financially healthy?
ALGONQUIN POWER & UTILITIES CORP.'s Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does AQN pay a dividend, and is it safe?
Yes. ALGONQUIN POWER & UTILITIES CORP. pays a dividend yielding about 3.08% with a 111.3% payout ratio, rated “at-risk” for safety.
How profitable is AQN?
In FY2025, ALGONQUIN POWER & UTILITIES CORP. had a net margin of 7.4% and a return on equity of 3.6%.
Is AQN overvalued or undervalued?
ALGONQUIN POWER & UTILITIES CORP. trades at about 26.2× trailing earnings — near its 10-year norm (10-year range 12.1×–197.7×, median 26.1×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for AQN?
The average Wall-Street price target for ALGONQUIN POWER & UTILITIES CORP. is $6.80, about 17.9% above the recent price, from 10 analysts (consensus: hold).
Is AQN a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on ALGONQUIN POWER & UTILITIES CORP.: a Piotroski F-score of 6/9, an Altman Z″ in the distress zone, a P/E of about 36.1×, a dividend yield of 3.08%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.