TSX:AQN Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 26, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	7,168	4,895	5,761	5,947	12,276	12,508
Market Cap Growth	43.51%	-15.04%	-3.13%	-51.55%	-1.86%	29.89%
Enterprise Value	16,925	17,232	19,915	19,089	23,331	18,851
PE Ratio	207.75	-	214.71	-	37.91	12.68
PS Ratio	2.16	1.47	1.82	1.59	4.26	5.85
PB Ratio	1.01	0.55	0.63	0.61	1.26	1.64
P/OCF Ratio	11.05	7.06	6.95	7.10	61.60	19.43
EV/Sales Ratio	5.09	5.16	6.27	5.10	8.11	8.82
EV/EBITDA Ratio	14.73	14.41	18.47	14.75	24.30	22.58
EV/EBIT Ratio	23.87	27.50	32.60	28.18	51.82	43.37
EV/FCF Ratio	-33.82	-	-	-	-	-
Debt / Equity Ratio	1.27	1.09	1.08	1.05	0.81	0.77
Debt / EBITDA Ratio	7.82	8.10	9.19	7.88	8.23	7.02
Net Debt / Equity Ratio	1.26	1.08	1.08	1.05	0.80	0.75
Net Debt / EBITDA Ratio	7.75	8.05	9.16	7.82	8.07	6.86
Net Debt / FCF Ratio	-17.79	-17.13	-18.80	-15.91	-5.15	-16.01
Quick Ratio	0.65	0.31	0.25	0.38	0.39	0.45
Current Ratio	1.23	0.76	0.63	0.71	0.69	0.73
Asset Turnover	0.15	0.13	0.13	0.16	0.15	0.14
Return on Equity (ROE)	0.15%	-0.15%	-0.36%	-4.15%	2.71%	13.57%
Return on Assets (ROA)	2.02%	1.54%	1.61%	1.82%	1.48%	1.77%
Return on Capital Employed (ROCE)	4.00%	2.80%	2.80%	3.10%	2.30%	2.80%
Earnings Yield	-0.72%	-40.58%	0.66%	-4.82%	2.73%	7.97%
FCF Yield	-6.98%	-11.48%	-9.13%	-10.69%	-12.24%	-2.86%
Dividend Yield	3.81%	8.20%	7.65%	12.97%	5.86%	4.89%
Payout Ratio	-	-	1153.74%	-	119.35%	33.51%
Buyback Yield / Dilution	-7.83%	-6.27%	-1.90%	-7.78%	-11.44%	-11.82%
Total Shareholder Return	-4.01%	1.93%	5.75%	5.19%	-5.58%	-6.93%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.