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Algonquin Power & Utilities (TSX:AQN) Market Cap : C$5,772 Mil (As of Apr. 29, 2024)


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What is Algonquin Power & Utilities Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Algonquin Power & Utilities's share price for the quarter that ended in Dec. 2023 was C$8.36. Algonquin Power & Utilities's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 689 Mil. Therefore, Algonquin Power & Utilities's market cap for the quarter that ended in Dec. 2023 was C$5,762 Mil.

Algonquin Power & Utilities's quarterly market cap declined from Jun. 2023 (C$7,542 Mil) to Sep. 2023 (C$5,540 Mil) but then increased from Sep. 2023 (C$5,540 Mil) to Dec. 2023 (C$5,762 Mil).

Algonquin Power & Utilities's annual market cap declined from Dec. 2021 (C$12,277 Mil) to Dec. 2022 (C$6,029 Mil) and declined from Dec. 2022 (C$6,029 Mil) to Dec. 2023 (C$5,762 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Algonquin Power & Utilities's Enterprise Value for Today is C$17,580 Mil.


Algonquin Power & Utilities Market Cap Historical Data

The historical data trend for Algonquin Power & Utilities's Market Cap 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.

* Premium members only.

Algonquin Power & Utilities Market Cap Chart

Algonquin Power & Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,629.98 12,510.12 12,276.71 6,029.48 5,762.31

Algonquin Power & Utilities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,029.48 7,808.63 7,541.91 5,539.54 5,762.31

Competitive Comparison of Algonquin Power & Utilities's Market Cap

For the Utilities - Renewable subindustry, Algonquin Power & Utilities's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Algonquin Power & Utilities's Market Cap distribution charts can be found below:

* The bar in red indicates where Algonquin Power & Utilities's Market Cap falls into.



Algonquin Power & Utilities Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Algonquin Power & Utilities's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=C$8.36*689.271
=C$5,762

Algonquin Power & Utilities's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=C$8.36*689.271
=C$5,762

* 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.


Algonquin Power & Utilities  (TSX:AQN) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Algonquin Power & Utilities Market Cap Related Terms

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Algonquin Power & Utilities (TSX:AQN) Business Description

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

Algonquin Power & Utilities (TSX:AQN) Headlines

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