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Algonquin Power & Utilities (TSX:AQN) 10-Year RORE % : 59.81% (As of Sep. 2024)


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What is Algonquin Power & Utilities 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Algonquin Power & Utilities's 10-Year RORE % for the quarter that ended in Sep. 2024 was 59.81%.

The industry rank for Algonquin Power & Utilities's 10-Year RORE % or its related term are showing as below:

TSX:AQN's 10-Year RORE % is ranked better than
85.6% of 243 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.85 vs TSX:AQN: 59.81

Algonquin Power & Utilities 10-Year RORE % Historical Data

The historical data trend for Algonquin Power & Utilities's 10-Year RORE % 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 10-Year RORE % Chart

Algonquin Power & Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -241.26 302.28 146.67 57.82 21.54

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
10-Year RORE % 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 49.51 21.54 60.96 7.13 59.81

Competitive Comparison of Algonquin Power & Utilities's 10-Year RORE %

For the Utilities - Renewable subindustry, Algonquin Power & Utilities's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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 10-Year RORE % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Algonquin Power & Utilities's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Algonquin Power & Utilities's 10-Year RORE % falls into.



Algonquin Power & Utilities 10-Year RORE % Calculation

Algonquin Power & Utilities's 10-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( -1.746-0.4 )/( 3.09-6.678 )
=-2.146/-3.588
=59.81 %

* 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.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 10-year before.


Algonquin Power & Utilities  (TSX:AQN) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Algonquin Power & Utilities 10-Year RORE % Related Terms

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Algonquin Power & Utilities 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.
Executives
Amee Chande Director
Jennifer Sara Tindale Senior Officer
Helen Veronica Bremner Senior Officer
Christopher Huskilson Director
Arun Banskota Senior Officer
Dilek Samil Director
Daniel S. Goldberg Director
Christopher Kenneth Jarratt Senior Officer
David John Bronicheski Senior Officer
George Trisic Senior Officer
Jeffery Todd Norman Senior Officer
Ian Edward Robertson Senior Officer
David James Pasieka Senior Officer
Masheed Hegi Saidi Director

Algonquin Power & Utilities Headlines