AQN (Algonquin Power & Utilities) ROCE %: 5.46% (As of Mar. 2026)


AQN Algonquin Power & Utilities Corp AQN
69 GF Score
Price $6.02
GF Value $5.65
Valuation Fairly Valued
! 7 Warning Signs
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What is Algonquin Power & Utilities ROCE %?

Algonquin Power & Utilities AQN +1.01% 69 ROCE % is 5.46% as of Mar. 2026. GuruFocus rates AQN with a GF Score™ of 69/100 and a GF Value™ of $5.65 (Fairly Valued). The stock has 7 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Algonquin Power & Utilities's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.46%.

Algonquin Power & Utilities  (NYSE:AQN) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Algonquin Power & Utilities ROCE % Related Terms

Algonquin Power & Utilities ROCE % Historical Data

* Premium members only.

The historical data trend for Algonquin Power & Utilities's ROCE % 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.

Algonquin Power & Utilities ROCE % Chart

Algonquin Power & Utilities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 -0.48 1.62 3.52 3.71

Algonquin Power & Utilities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 5.00 2.63 5.15 3.92 5.46
AQN
69GF Score
Algonquin Power & Utilities Corp AQN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Algonquin Power & Utilities ROCE % Calculation

Algonquin Power & Utilities's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=526.7/( ( (16961.7 - 1497.5) + (14136.2 - 1198.9) )/ 2 )
=526.7/( (15464.2+12937.3)/ 2 )
=526.7/14200.75
=3.71 %

Algonquin Power & Utilities's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=706.8/( ( (14136.2 - 1198.9) + (14049.9 - 1113.8) )/ 2 )
=706.8/( ( 12937.3 + 12936.1 )/ 2 )
=706.8/12936.7
=5.46 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 5.46% mean?
Algonquin Power & Utilities (AQN) has a ROCE % of 5.46% as of Mar. 2026.
Is Algonquin Power & Utilities' ROCE % too high?
Algonquin Power & Utilities' current ROCE % is 5.46%. The Utilities - Regulated industry median ROCE % is 6.91. Algonquin Power & Utilities' value of 5.46% is 21% below this industry median. Overall, Algonquin Power & Utilities has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Algonquin Power & Utilities' ROCE % compare to SRE and AES?
Algonquin Power & Utilities' ROCE % of 5.46% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. Algonquin Power & Utilities' value of 5.46% is 21% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.91, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Algonquin Power & Utilities's current ROCE % of 5.46% is 21% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median ROCE % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algonquin Power & Utilities's current ROCE % is 5.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algonquin Power & Utilities stock overvalued right now?
Based on GuruFocus' analysis, Algonquin Power & Utilities (AQN) is currently considered Fairly Valued. The stock's GF Value™ is $5.65, compared to a current price of $6.02 — trading 6.5% above its estimated fair value. The current ROCE % is 5.46% and 21% below the Utilities - Regulated industry median of 6.91. Algonquin Power & Utilities' overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Algonquin Power & Utilities (AQN), the current ROCE % is 5.46% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Algonquin Power & Utilities (AQN) Overvalued in 2026?

Based on GuruFocus' analysis, Algonquin Power & Utilities stock appears to be overvalued. The current stock price of $6.02 is trading 6.5% above its estimated GF Value™ of $5.65. GuruFocus considers Algonquin Power & Utilities to be Fairly Valued.

Key valuation signals for AQN:

  • ROCE %: 5.46%
  • GF Value™: $5.65 vs. price of $6.02 (6.5% above fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 21% below the Utilities - Regulated median

No single metric tells the full story. See the AQN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Algonquin Power & Utilities Business Description

Address 354 Davis Road, Oakville, ON, CAN, L6J 2X1
Algonquin Power & Utilities Corp is a Canada-based diversified international generation, transmission, and distribution company. The company's operations are organized across two business units: the Regulated Services Group, which owns and operates a portfolio of regulated electric, water distribution, and wastewater collection, and natural gas utility systems and transmission operations in the United States, Canada, Bermuda, and Chile; and the Hydro Group, which consists of hydroelectric-generating facilities located in Canada. It generates the majority of its revenue from the Regulated Services Group segment.
69GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.02
Price
$5.65
GF Value