ALGONQUIN POWER & UTILITIES CORP. (AQN) Financial Ratio Screen

NYSE Utilities Canada USD 4373M
RATIOS FAIL*
Automated financial screen · activity assessed separately
ALGONQUIN POWER & UTILITIES CORP. (AQN) is potentially non-compliant in the automated ratio model. The company's debt ratio of 46.2% exceeds the 30% MSCI new-inclusion threshold relative to total assets. ALGONQUIN POWER & UTILITIES CORP. operates in the Utilities sector.

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MSCI new-inclusion financial-ratio snapshot

AQN financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
46.2%
Fail vs 30%
Cash ratio
0.2%
Pass vs 30%
Receivables + cash
3.7%
Pass vs 30%
Impermissible income
1.8%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Utilities - Diversified) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: 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.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 46.2%
/ 30%
0.2%
/ 30%
3.7%
/ 30%
1.84%
/ 5%
RATIOS FAIL*
FTSE 46.2%
/ 33%
0.2%
/ 33%
3.7%
/ 50%
1.84%
/ 5%
RATIOS FAIL*

Financial Highlights

P/E Ratio
23.7
Forward: 14.0
EPS
$0.24
Dividend Yield
455.0%
Payout: 108.3%
P/B Ratio
1.0
EV/EBITDA
12.3
EV: $11.5B
Revenue
$2.4B
Growth: 3.1%
Beta
0.9
Average volatility
Current Ratio
0.9

Profitability

Gross Margin 36.9%
Operating Margin 15.9%
Net Margin 5.9%
Return on Equity (ROE) 2.5%
Return on Assets (ROA) 2.4%

Cash Flow & Balance Sheet

Operating Cash Flow$594M
Free Cash Flow-$178M
Total Debt$6.5B
Debt-to-Equity133.5
Current Ratio0.9
Total Assets$14.1B

Price & Trading

Last Close$5.71
50-Day MA$5.81
200-Day MA$6.14
Avg Volume4.1M
Beta0.9
52-Week Range
$5.32
$7.11

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-08-28 for the financial period December 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About ALGONQUIN POWER & UTILITIES CORP. (AQN)

CEO
Mr. Roderick K. West J.D.
Employees
3,233
Sector
Utilities
Industry
Utilities - Diversified
Country
Canada
Exchange
NYSE
Market Cap (listing currency)
USD 4373M
Currency
USD

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.

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Frequently Asked Questions

Is ALGONQUIN POWER & UTILITIES CORP. (AQN) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is ALGONQUIN POWER & UTILITIES CORP.'s debt ratio?

ALGONQUIN POWER & UTILITIES CORP.'s debt ratio is 46.2% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are ALGONQUIN POWER & UTILITIES CORP.'s key financial metrics?

ALGONQUIN POWER & UTILITIES CORP. has a market capitalization of USD 4373M in its listing currency, trailing P/E ratio of 23.7, and revenue of $2.4B. The company maintains a gross margin of 36.9% and a net margin of 5.9%. Return on equity stands at 2.5%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.