Algonquin Power And Utilities's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Algonquin Power And Utilities (AQNB) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Algonquin Power And Utilities vs Its Competitors
- TTM: Trailing 12-month revenue of 2,434M vs 8,195M combined for its competitors (22.9% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+303.6% annualized vs trailing 12 months), vs decelerating (-38.0%) for its tracked peer group.
- Growth: Algonquin Power And Utilities generated 4.6% revenue growth year over year in Q4 2025, vs 7.9% for its competitors combined.
- Profitability: Its 4.4% net margin compares with 18.7% for the peer group.
- Scale: Algonquin Power And Utilities ranks #27 of 74 companies by market capitalization in the Electric Utilities industry, holding 1.3% of industry market cap.
- Peer revenue share: Algonquin Power And Utilities accounted for 65.9% of combined revenue among its tracked peer group, down from 66.6% a year earlier.
- Peer differentiation: Revenue per employee of $0.87M compares with $1.17M for the peer group (0.7x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
AQNB Sales vs. its Competitors, Q4 2025
Algonquin Power And Utilities reported revenue growth of 4.63 % year on year in Q4 2025, below its competitors' combined revenue growth of 7.89 %.
With a net margin of 4.41 %, Algonquin Power And Utilities reported lower profitability than its competitors (18.73 %).
Algonquin Power And Utilities generated 65.89 % of the combined sales of its peer group, down from 66.58 % a year earlier.
API endpoints for this dataset
Algonquin Power And Utilities vs. its Competitors, Q4 2025
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Algonquin Power And Utilities reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Algonquin Power And Utilities and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Algonquin Power and Utilities Corp | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (1) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (10) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (8) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Algonquin Power And Utilities's competitor groups requires a Commercial License.
For context: the Electric Utilities industry grew revenue 1,581.1% year over year, combined, vs 4.6% for Algonquin Power And Utilities. Algonquin Power And Utilities's share of combined industry revenue moved from 0.77% to 0.05%, a loss of 0.72 percentage points.
Algonquin Power And Utilities's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Algonquin Power and Utilities Corp | Yes | Yes | No | No |
| Competitors combined (1) | ||||
| High-Confidence Competitors (1) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 0.00 % (0 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
AQNB Stock Performance relative to its Competitors
AQNB Stock Performance relative to High-Confidence Competitors
AQNB Stock Performance relative to Similar-Size Competitors
AQNB Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | American Water Works Company Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Algonquin Power And Utilities's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Algonquin Power And Utilities's Comment on Competition and Industry Peers
Publicly Traded Peers of Algonquin Power and Utilities Corp
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Algonquin Power and Utilities Corp |
19,626.86 | 2,433.60 |
 American Water Works Company Inc |
29,694.78 | 8,195.00 |
| SUBTOTAL | 49,321.64 | 10,628.60 |
Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Algonquin Power and Utilities Corp versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Algonquin Power And Utilities's Competitors Named by the Company
Competitive relationships identified from Algonquin Power And Utilities reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| American Water Works Company Inc | Company report | 85% |
| CalPeco Electric System | Company report | 85% |
Company report basis, confidence, active dates and source counts for Algonquin Power And Utilities's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Algonquin Power And Utilities's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| American Water Works Company Inc | Regulated Business 46.31 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Algonquin Power And Utilities's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Algonquin Power and Utilities Corp | 19,627 | 869,143 | 38,679 |
| American Water Works Company Inc | 29,695 | 1,170,714 | 162,286 |
| PEERS TOTAL | 29,695 | 1,170,714 | 162,286 |
Algonquin Power And Utilities's Position in Industry Market Structure
Market-capitalization share and concentration across all 65 companies in Algonquin Power And Utilities's industry classification, broader than the peer set above. Market cap in millions of $.Algonquin Power And Utilities ranks #27 of 65 companies by market capitalization in its industry, holding 1.33 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 455, indicating a unconcentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Nextera Energy Inc | 181,746 | 12.30 % |
| 2 | The Southern Company | 105,547 | 7.14 % |
| 3 | Duke Energy Corporation | 99,790 | 6.75 % |
| 4 | Constellation Energy Corporation | 97,736 | 6.61 % |
| 5 | American Electric Power Co Inc | 1,234 | 5.2% |
| 6 | Dominion Energy Inc | 1,234 | 5.2% |
| 7 | Entergy Corporation | 1,234 | 5.2% |
| 8 | Sempra | 1,234 | 5.2% |
| 9 | Xcel Energy Inc | 1,234 | 5.2% |
| 10 | Exelon Corporation | 1,234 | 5.2% |
| 27 | Algonquin Power and Utilities Corp | 19,670 | 1.33 % |
Market cap and industry share for the rest of Algonquin Power And Utilities's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-09.
Algonquin Power And Utilities's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 22 | Edison International | 23,274 | 5.50 % |
| 23 | Nisource Inc | 21,683 | 4.42 % |
| 24 | Cms energy Corporation | 21,359 | -4.27 % |
| 25 | Evergy Inc | 20,730 | 16.44 % |
| 26 | Nrg Energy Inc | 1,234 | 12.3% |
| 27 | Algonquin Power and Utilities Corp | 19,670 | -0.91 % |
| 28 | Alliant Energy Corp | 1,234 | 12.3% |
| 29 | Talen Energy Corporation | 1,234 | 12.3% |
| 30 | Emera Incorporated | 1,234 | 12.3% |
| 31 | Pinnacle West Capital Corporation | 1,234 | 12.3% |
| 32 | Edenor | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Algonquin Power And Utilities's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-09. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Algonquin Power And Utilities's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Electric Utilities industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (104 companies). See the full Electric Utilities industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 65.14 % | 42.59 % (avg) | +22.6 pp |
| Operating Margin | 20.74 % | industry median | +0.9 pp |
| EBITDA Margin | 34.09 % | 27.23 % (avg) | +6.9 pp |
| Capital Intensity (Capex / Revenue) | 31.72 % | 32.56 % (avg) | -0.8 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Algonquin Power And Utilities's Valuation vs Competitive Position
Valuation multiples vs the Electric Utilities industry average (104 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Electric Utilities industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 116.8x | 23.7x | +93.1x |
| EV / EBITDA | 33.9x | 15.9x | +17.9x |
| P/B | 4.3x | 2.2x | +2.1x |
| Return on Equity | 2.33 % | industry aggregate | -7.60 % |
| Return on Invested Capital | 2.68 % | 1.88 % (avg) | 0.80 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Algonquin Power And Utilities's Strategic Group Map
Algonquin Power And Utilities is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Algonquin Power And Utilities's trailing-12-month revenue growth of 4.9% and operating margin of 20.7% compares with an average of 5.8% growth and 22.7% margin across its 8 closest peers by combined growth, margin and ROIC -- Algonquin Power And Utilities sits below that peer average on growth and below it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Algonquin Power And Utilities's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Algonquin Power And Utilities falls in the Dog quadrant: relative market share of 0.11x vs its largest competitor, in an industry growing revenue 9.0% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Algonquin Power And Utilities's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 455 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Moderate, in line with the industry | Capital intensity (capex / revenue) of 31.72 % vs industry average 32.56 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Algonquin Power And Utilities's dedicated Suppliers and Customers pages, not here.
Algonquin Power And Utilities's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Algonquin Power And Utilities falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Algonquin Power And Utilities's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+303.6% annualized vs trailing 12 months).
Weaknesses
- Return on equity 7.6 points below the industry aggregate.
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.11x).
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-38.0% annualized).
Methodology: see Methodology: SWOT Analysis.
Algonquin Power And Utilities's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Algonquin Power and Utilities Corp | 0.21 | 1.00 | 1.82 |
| American Water Works Company Inc | 0.04 | 0.43 | 1.37 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Algonquin Power And Utilities's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Algonquin Power and Utilities Corp | Q4 2025 | +4.9 % | - |
| American Water Works Company Inc | Q3 2026 | +107.6 % | +2.1 % |
| PEERS TOTAL | +44.4 % | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Algonquin Power And Utilities's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Algonquin Power and Utilities Corp | Q4 2025 | -1.1 % | -11.5 % |
| American Water Works Company Inc | Q3 2026 | +1.5 % | +11.4 % |
Algonquin Power And Utilities's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Algonquin Power and Utilities Corp | 0.77% | 0.76% | 2.33% |
| American Water Works Company Inc | 3.15% | 3.76% | 9.99% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Algonquin Power And Utilities's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Algonquin Power and Utilities Corp | 115.50 | 8.06 |
| American Water Works Company Inc | 25.86 | 3.62 |
| PEERS AVERAGE | 39.64 | 4.64 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.