AQN (Algonquin Power & Utilities) Gross-Profit-to-Asset % : 9.87% (As of Sep. 2024)

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What is Algonquin Power & Utilities Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Algonquin Power & Utilities's annualized Gross Profit for the quarter that ended in Sep. 2024 was $1,809 Mil. Algonquin Power & Utilities's average Total Assets over the quarter that ended in Sep. 2024 was $18,328 Mil. Therefore, Algonquin Power & Utilities's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 9.87%.

Algonquin Power & Utilities Gross-Profit-to-Asset % Historical Data

The historical data trend for Algonquin Power & Utilities's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Algonquin Power & Utilities Gross-Profit-to-Asset % Chart

Algonquin Power & Utilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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11.64

10.57

10.39

11.03

10.90

Algonquin Power & Utilities Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															9.50	15.12	11.68	10.52	9.87

Competitive Comparison of Algonquin Power & Utilities's Gross-Profit-to-Asset %

For the Utilities - Renewable subindustry, Algonquin Power & Utilities's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Algonquin Power & Utilities's Gross-Profit-to-Asset % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Algonquin Power & Utilities's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Algonquin Power & Utilities's Gross-Profit-to-Asset % falls into.

Algonquin Power & Utilities Gross-Profit-to-Asset % Calculation

Algonquin Power & Utilities's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	1962.07	/	( (17627.613	+	18373.961)	/ 2 )
	=	1962.07	/	18000.787
	=	10.90 %

Algonquin Power & Utilities's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	1808.812	/	( (18866.374	+	17788.645)	/ 2 )
	=	1808.812	/	18327.5095
	=	9.87 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Algonquin Power & Utilities Gross-Profit-to-Asset % Related Terms

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Algonquin Power & Utilities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Algonquin Power & Utilities Corp (NYSE:AQN) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

AGQPF.PFD:USA 751:Germany 751:Germany AQN.PR.D.PFD:Canada AQN.PR.A.PFD:Canada AQN:Canada 751:Bulgaria

Address

354 Davis Road, Oakville, ON, CAN, L6J 2X1

Website

https://www.algonquinpower.com

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.