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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 17, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	6,288	6,486	4,901	5,754	6,030	12,281
Market Cap Growth	2.37%	32.35%	-14.82%	-4.58%	-50.90%	-1.85%
Enterprise Value	16,382	16,212	16,827	16,317	16,812	20,606
Last Close Price	8.17	8.44	6.39	8.35	8.82	18.28
PE Ratio	22.68	27.95	-	210.00	-	35.27
Forward PE	15.54	19.28	13.64	11.35	9.19	18.76
PEG Ratio	3.03	1.68	9.39	3.97	3.39	2.18
PS Ratio	1.78	1.94	1.47	1.81	1.61	4.27
PB Ratio	0.89	1.02	0.73	0.86	0.85	1.66
P/TBV Ratio	1.93	2.01	1.41	1.58	1.57	2.53
P/OCF Ratio	8.01	7.96	7.09	6.91	7.18	61.71
EV/Sales Ratio	4.63	4.85	5.06	5.12	4.48	7.17
EV/EBITDA Ratio	12.66	13.05	12.71	13.18	14.45	19.98
EV/EBIT Ratio	22.85	23.40	26.28	26.35	30.82	39.47
Debt / Equity Ratio	1.22	1.22	1.00	21.61	22.20	18.32
Debt / EBITDA Ratio	7.27	7.22	7.26	8.03	8.76	7.61
Net Debt / Equity Ratio	1.42	1.40	1.41	1.48	1.43	1.04
Net Debt / EBITDA Ratio	7.20	7.18	7.21	8.00	8.68	7.45
Net Debt / FCF Ratio	-55.88	-36.42	-17.03	-18.76	-15.84	-5.12
Asset Turnover	0.18	0.16	0.13	0.13	0.16	0.15
Quick Ratio	0.50	0.44	0.31	0.26	0.39	0.39
Current Ratio	1.05	1.00	0.76	0.63	0.71	0.69
Return on Equity (ROE)	2.70%	2.60%	-0.30%	-7.86%	-96.46%	57.42%
Return on Assets (ROA)	3.47%	2.25%	-0.14%	1.05%	1.95%	3.59%
Return on Invested Capital (ROIC)	4.22%	2.86%	-0.23%	2.43%	4.73%	9.67%
Return on Capital Employed (ROCE)	3.92%	3.55%	2.77%	2.85%	2.55%	2.98%
Earnings Yield	3.55%	3.58%	-	0.48%	-	2.84%
Dividend Yield	4.46%	4.26%	8.76%	7.43%	8.59%	3.41%
Payout Ratio	124.38%	118.20%	-20.50%	1587.11%	-171.54%	120.03%
Buyback Yield / Dilution	-2.89%	-5.23%	-6.27%	-1.90%	-7.78%	-11.44%
Total Shareholder Return	1.57%	-0.96%	2.49%	5.53%	0.82%	-8.03%