Companies: 10,795·Total market cap: $144.5T
Algonquin Power & Utilities Cor

Algonquin Power & Utilities Cor

AQNBNYSEUtilities● Active
$26.01
$-0.02(-0.06%)
Market Cap$19.1B
P/E Ratio
52W High$26.46
52W Low$25.08

Algonquin Power & Utilities Cor (AQNB) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

AQNB · net income · updated Jun 8, 2026

Core profitability metrics

Net income was −$1.38B for FY2024 (fiscal year ending 2024-12-31), down 6894.6% year-over-year. Net profit margin was -59.5%. Based on available data, Algonquin Power & Utilities Cor has been profitable since at least 2013.

FY2024 Net Income−$1.38B▼ -6894.6% YoY
Trailing 12M (TTM)−$26.6Mtrailing 4 quarters sum
Net Profit Margin-59.5%−$1.38B ÷ $2.32B
YoY Change-6894.6%
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2013

▸ FMP /income-statement · Annual · AQNB net income history · AQNB profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2024Loss−$1.38B▼ 6894.6%-59.5%
FY2023$20.3M▲ +110.0%0.8%
FY2022Loss−$203.6M▼ 177.5%-7.8%
FY2021$262.5M▼ 68.1%11.9%
FY2020$823.8M▲ +51.6%47.5%

Net income vs peers (Utilities)

#CompanyNet IncomeYoY
#1
Algonquin Power & Utilities Cor
Algonquin Power & Utilities CorYOU
AQNB
−$1.38B-6894.6%
#2
NextEra Energy, Inc.
NextEra Energy, Inc.
NEE
$6.83B-1.6%
#3
Duke Energy Corporation
Duke Energy Corporation
DUK
$4.97B+10.2%
#4
GE Vernova Inc.
GE Vernova Inc.
GEV
$4.88B+214.7%
#5
The Southern Company
The Southern Company
SO
$4.34B-1.4%
#6
Constellation Energy Corporation
Constellation Energy Corporation
CEG
$2.32B-38.1%
Utilities · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Algonquin Power & Utilities Cor (AQNB) reported net income of −$1.38B for FY2024 (fiscal year ending 2024-12-31), down 6894.6% year-over-year. The net profit margin was -59.5% — meaning the company kept $-0.60 of every dollar of revenue as profit.

Based on available data, Algonquin Power & Utilities Cor has been profitable since at least 2013. Net income reached a peak of $823.8M in FY2020. Data available for 12 fiscal years.

Algonquin Power & Utilities Cor's net profit margin was -59.5% for FY2024, based on the latest annual results.

Investors sometimes search for "Algonquin Power & Utilities Cor net worth" — the company's market capitalization is a separate figure from AQNB net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

AQNB net income · 4 questions

Algonquin Power & Utilities Cor is not currently profitable on an annual basis. The company reported a net loss of $1.38B for FY2024.

is AQNB profitabledoes AQNB make a profitAQNB profitabilityAQNB profitable company

Source: FMP /income-statement · GAAP · Algonquin Power & Utilities Cor · Algonquin Power & Utilities Cor SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026