Algonquin Power & Utilities Corp.

NYSE:AQN Stock Report

Market Cap: US$4.5b

Algonquin Power & Utilities Future Growth

Future criteria checks 3/6

Algonquin Power & Utilities is forecast to grow earnings and revenue by 44.3% and 4.5% per annum respectively. EPS is expected to grow by 47.4% per annum. Return on equity is forecast to be 7.1% in 3 years.

Key information

44.3%

Earnings growth rate

47.43%

EPS growth rate

Integrated Utilities earnings growth0.7%
Revenue growth rate4.5%
Future return on equity7.09%
Analyst coverage

Good

Last updated11 Nov 2025

Recent future growth updates

Recent updates

Algonquin Power: Q3 Shows Recovery On Track Even As Risks Remain

Nov 12

This Forgotten Utility Is Transforming Before Your Eyes: Algonquin Power

Mar 22

Algonquin Power: A Failed Investment Thesis, Updated For 2025-2027E

Jan 22

Algonquin Power: Has Growth Potential, But Patience Will Be Needed

Oct 27

Algonquin Power: On The Right Track, But EPS Pressure Ahead

Sep 13

Get Paid 7.5% From This Forgotten Utility: Algonquin Power

Jun 19

Algonquin: Searching For Value After The Collapse, 7.1% Dividend Yield

Jan 26

Algonquin Power's Valuation Gap: Uncovering The Investment Potential

Nov 26

Algonquin: Billionaire Says Observe Carefully When The Tide Goes Out

Oct 03

Algonquin: Battered By High-Interest Rates, A Strategy Shift Might Be The Answer

Aug 22

Algonquin: More Challenges Than Upside

Aug 14

Algonquin: Why We Think It's A "Hold" At Best

Jul 06

Algonquin: Brace For Chaos But Don't Run

Jan 13

Earnings and Revenue Growth Forecasts

NYSE:AQN - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20272,641342-1277696
12/31/20262,523285956928
12/31/20252,4182051966237
9/30/20252,38886-359466N/A
6/30/20252,37871-423441N/A
3/31/20252,366252-458425N/A
12/31/20242,320115-391482N/A
9/30/20242,320387-297634N/A
6/30/20242,312167-328700N/A
3/31/20242,271-283-344725N/A
12/31/20232,40429-398628N/A
9/30/20232,566-227-244642N/A
6/30/20232,666-261-317612N/A
3/31/20232,810-41-444487N/A
12/31/20222,765-221-470619N/A
9/30/20222,60129-660531N/A
6/30/20222,465196-618599N/A
3/31/20222,373333-810567N/A
12/31/20212,274256-1,188157N/A
9/30/20212,182585-1,107205N/A
6/30/20212,031668-992155N/A
3/31/20211,847852-731195N/A
12/31/20201,677774-281505N/A
9/30/20201,626442-204499N/A
6/30/20201,614502-145565N/A
3/31/20201,614372-74556N/A
12/31/20191,62652230611N/A
9/30/20191,60849085612N/A
6/30/20191,609427N/A556N/A
3/31/20191,631325N/A555N/A
12/31/20181,648177N/A530N/A
9/30/20181,63674N/A478N/A
6/30/20181,62361N/A447N/A
3/31/20181,59528N/A368N/A
12/31/20171,52294N/A327N/A
9/30/20171,36181N/A308N/A
6/30/20171,16853N/A222N/A
3/31/201798843N/A231N/A
12/31/201681661N/A214N/A
9/30/201679759N/A198N/A
6/30/201678158N/A242N/A
3/31/201676255N/A249N/A
12/31/201574155N/A189N/A
9/30/201576756N/A197N/A
6/30/201579343N/A148N/A
3/31/201577439N/A135N/A
12/31/201481340N/A166N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AQN's forecast earnings growth (44.3% per year) is above the savings rate (3.3%).

Earnings vs Market: AQN's earnings (44.3% per year) are forecast to grow faster than the US market (16.3% per year).

High Growth Earnings: AQN's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AQN's revenue (4.5% per year) is forecast to grow slower than the US market (10.7% per year).

High Growth Revenue: AQN's revenue (4.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AQN's Return on Equity is forecast to be low in 3 years time (7.1%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/11 05:55
End of Day Share Price 2025/12/11 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Algonquin Power & Utilities Corp. is covered by 29 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Benjamin PhamBMO Capital Markets Equity Research
Dariusz LoznyBofA Global Research