AQN (Algonquin Power & Utilities) 1-Year ROIIC % : -13.05% (As of Sep. 2024)

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What is Algonquin Power & Utilities 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Algonquin Power & Utilities's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was -13.05%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Algonquin Power & Utilities's 1-Year ROIIC % or its related term are showing as below:

AQN's 1-Year ROIIC % is ranked worse than
68.4% of 405 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.16 vs AQN: -13.05

Algonquin Power & Utilities 1-Year ROIIC % Historical Data

The historical data trend for Algonquin Power & Utilities's 1-Year ROIIC % 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 1-Year ROIIC % Chart

Algonquin Power & Utilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

1-Year ROIIC %

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-10.11

4.11

-3.60

8.77

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
1-Year ROIIC %	Get a 7-Day Free Trial															3.62	10.90	-21.82	5.87	-13.05

Competitive Comparison of Algonquin Power & Utilities's 1-Year ROIIC %

For the Utilities - Renewable subindustry, Algonquin Power & Utilities's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Algonquin Power & Utilities's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Algonquin Power & Utilities's 1-Year ROIIC % falls into.

Algonquin Power & Utilities 1-Year ROIIC % Calculation

Algonquin Power & Utilities's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %	=	1-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	1-Year Incremental Invested Capital
	=	( 487.9262 (Sep. 2024) - 419.0813 (Sep. 2023) )	/	( 17223.049 (Sep. 2024) - 17766.083 (Sep. 2023) )
	=	68.8449	/	-543.034
	=	-12.68%^***

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Algonquin Power & Utilities (NYSE:AQN) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Algonquin Power & Utilities 1-Year ROIIC % 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 » 1-Year ROIIC %

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.