Atlantic Power's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Atlantic Power (AT) 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: Atlantic Power vs Its Competitors
- TTM: Trailing 12-month revenue of 581M vs 356,664M combined for tracked competitors (0.2% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-3.3% annualized vs trailing 12 months), vs holding steady (-0.7%) for its tracked peer group.
- Growth: Atlantic Power generated 93.1% revenue growth year over year in Q1 2021, vs 3.5% for its tracked competitors combined.
- Profitability: Its 1.1% net margin compares with 17.4% for the peer group.
- Peer revenue share: Atlantic Power accounted for 0.2% of combined revenue among its tracked peer group, up from 0.1% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
AT Sales vs. its Competitors, Q1 2021
Atlantic Power reported revenue growth of 93.13 % year on year in Q1 2021, above its competitors' combined revenue growth of 3.51 %.
With a net margin of 1.14 %, Atlantic Power reported lower profitability than its competitors (17.44 %).
Atlantic Power generated 0.16 % of the combined sales of its peer group, up from 0.09 % a year earlier.
Atlantic Power vs. its Competitors, Q1 2021
Revenue growth, year on year
Net income 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 an SEC filing; 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 Atlantic Power and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Atlantic Power Corporation | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (4) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Atlantic Power's competitor groups requires a Commercial License.
For context: the Electric Utilities industry grew revenue 13.3% year over year, combined, vs 93.1% for Atlantic Power. Atlantic Power's share of combined industry revenue moved from 0.02% to 0.03%, a gain of 0.01 percentage points.
Atlantic Power's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Atlantic Power Corporation | Yes | Yes | Yes | No |
| Competitors combined (3) | ||||
| Similar Growth & Profitability (8) | 62.50 % (5 of 8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 0.00 % (0 of 7) |
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.
AT Stock Performance relative to its Competitors
AT 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 | Verizon Communications Inc | 282.9% | Outperformed |
| 2 | At and t Inc | 282.9% | Outperformed |
| 3 | T mobile Us Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Atlantic Power's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Atlantic Power Corporation
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Atlantic Power Corporation | 269.99 | 581.40 |
| Verizon Communications Inc | 194,702.28 | 138,895.00 |
| T mobile Us Inc | 183,436.76 | 90,530.00 |
| At and t Inc | 173,094.32 | 127,239.00 |
| SUBTOTAL | 551,503.35 | 357,245.40 |
Sources: Atlantic Power Corporation's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Atlantic Power Corporation versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Atlantic Power'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 |
|---|---|
| Atlantic Power Corporation | Corporate 0.21 % |
| Verizon Communications Inc | Verizon Consumer Group 76.61 % |
| T mobile Us Inc | Wireless 100.00 % |
| At and t Inc | Advanced Connectivity 90.37 % |
Source: operating segment revenue as reported in each company's SEC filings (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).
Atlantic Power'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 |
|---|---|---|---|
| Atlantic Power Corporation | 270 | - | - |
| Verizon Communications Inc | 194,702 | 1,544,994 | 184,638 |
| T mobile Us Inc | 183,437 | 1,207,067 | 140,573 |
| At and t Inc | 173,094 | 956,468 | 173,074 |
| PEERS TOTAL | 551,233 | 1,197,140 | 168,382 |
Atlantic Power'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 (83 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 102.92 % | 58.29 % (avg) | +44.6 pp |
| Operating Margin | 7.38 % | industry median | -11.8 pp |
| EBITDA Margin | 20.23 % | 27.06 % (avg) | -6.8 pp |
| Capital Intensity (Capex / Revenue) | 2.60 % | 34.89 % (avg) | -32.3 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.
Atlantic Power's Valuation vs Competitive Position
Valuation multiples vs the Electric Utilities industry average (83 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.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 24.9x | - |
| EV / EBITDA | 2.7x | 16.1x | -13.4x |
| P/B | 1.9x | 2.1x | -0.1x |
| Return on Equity | 37.79 % | industry aggregate | 29.71 % |
| Return on Invested Capital | 4.16 % | 2.48 % (avg) | 1.68 % |
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.
Atlantic Power's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 25.28 % | 3.17 % | -26.18 % | 37.99 % | -62.84 % | -34.50 % | -0.25 % | 82.39 % |
| Operating Margin | -22.99 % | 5.18 % | -20.75 % | - | 46.71 % | 5.88 % | 18.00 % | 9.60 % |
| Return on Invested Capital | -5.47 % | 1.43 % | -6.80 % | - | 12.31 % | 1.23 % | 4.17 % | 4.75 % |
| P/E | - | - | - | - | - | 11.3x | - | 3.6x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Atlantic Power's Strategic Group Map
Every company in Atlantic Power's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Atlantic Power is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
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.
Atlantic Power'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 |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 2.60 % vs industry average 34.89 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Atlantic Power's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Atlantic Power's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Atlantic Power's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Atlantic Power falls in the High attractiveness / Medium strength cell: Invest / Grow.
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.
Atlantic Power'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
- Return on equity 29.7 points above the industry aggregate.
Weaknesses
- Operating margin 11.8 points below the industry median.
- Latest-quarter revenue run-rate is decelerating (-3.3% annualized vs trailing 12 months).
Opportunities
- A meaningful share of tracked competitors (33.30 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Atlantic Power'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 |
|---|---|---|---|
| Atlantic Power Corporation | 0.24 | 0.72 | 0.60 |
| Verizon Communications Inc | 0.15 | 0.72 | 1.52 |
| T mobile Us Inc | 0.25 | 1.04 | 1.42 |
| At and t Inc | 0.32 | 0.95 | 1.10 |
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.
Atlantic Power'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 |
|---|---|---|---|
| Atlantic Power Corporation | Q1 2021 | +93.1 % | -93.2 % |
| Verizon Communications Inc | Q2 2026 | -0.7 % | -22.9 % |
| T mobile Us Inc | Q1 2026 | +10.6 % | -15.2 % |
| At and t Inc | Q2 2026 | +2.3 % | +3.1 % |
| PEERS TOTAL | +3.2 % | -11.5 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Atlantic Power'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 |
|---|---|---|---|
| Atlantic Power Corporation | Q1 2021 | +0.4 % | -97.0 % |
| Verizon Communications Inc | Q2 2026 | - | +29.6 % |
| T mobile Us Inc | Q1 2026 | +28.7 % | +5.0 % |
| At and t Inc | Q2 2026 | -1.7 % | +16.4 % |
Atlantic Power's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Atlantic Power Corporation | 6.12% | 5.75% | 37.79% |
| Verizon Communications Inc | 4.10% | 5.08% | 15.74% |
| T mobile Us Inc | 4.88% | 7.63% | 17.82% |
| At and t Inc | 5.44% | 5.04% | 18.23% |
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).
Atlantic Power's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Atlantic Power Corporation | 20.16 | 0.46 |
| Verizon Communications Inc | 11.82 | 1.40 |
| T mobile Us Inc | 17.75 | 2.03 |
| At and t Inc | 8.28 | 1.36 |
| PEERS AVERAGE | 10.98 | 1.54 |
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.