Algonquin Power & Utilities Corp. (AQN)
NYSE: AQN · Real-Time Price · USD
5.75
+0.06 (1.05%)
Aug 25, 2026, 4:00 PM EDT - Market closed
AQN Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 149.7 | 180.8 | -1,381 | 28.67 | -211.99 | 264.86 |
Depreciation & Amortization | 412.2 | 400.3 | 395.7 | 354.08 | 455.52 | 402.96 |
Loss (Gain) on Sale of Investments | - | - | 38 | 229.99 | 499.13 | 122.42 |
Loss (Gain) on Equity Investments | -1.5 | 1 | 42.2 | 11.73 | 23.83 | 29.82 |
Asset Writedown | - | - | - | 23.49 | 235.48 | - |
Stock-Based Compensation | 11.5 | 13 | 18.4 | 10.4 | 10.92 | 8.4 |
Change in Accounts Receivable | 116.6 | -7.2 | 15.6 | 3.86 | -124.63 | -56.75 |
Change in Inventory | 3.9 | -2.9 | -1.8 | -2.17 | -45.23 | -43.2 |
Change in Accounts Payable | -79 | 14.2 | -58.7 | 22.34 | 24.4 | -33.4 |
Change in Income Taxes | 6.9 | -0.5 | 10.5 | -1.79 | -2.19 | 1.34 |
Change in Other Net Operating Assets | -57 | -49.3 | -105.1 | -108.58 | -73.96 | -390.01 |
Other Operating Activities | 26 | 44.2 | -25.5 | -56.91 | -172.17 | -148.97 |
Net Cash from Discontinued Operations | - | - | 1,533 | 112.92 | - | - |
Operating Cash Flow | 589.3 | 593.6 | 481.7 | 628.03 | 619.1 | 157.47 |
Operating Cash Flow Growth | 33.57% | 23.23% | -23.30% | 1.44% | 293.16% | -68.83% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -648 | -771.9 | -872.4 | -1,026 | -1,089 | -1,345 |
Sale of Property, Plant & Equipment | - | - | 1,077 | - | - | - |
Cash Acquisitions | - | - | - | - | -632.8 | - |
Divestitures | - | 1,973 | 29.5 | - | - | - |
Investment in Securities | - | -4.9 | -92.1 | -231.99 | -218.36 | -622.1 |
Other Investing Activities | -20.1 | -33.1 | -9.4 | -12.22 | -26.53 | -37.28 |
Investing Cash Flow | -668.1 | 1,163 | 132.8 | -1,096 | -1,788 | -1,798 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Short-Term Debt Issued | - | - | - | 74.72 | 68.3 | - |
Long-Term Debt Issued | - | 554.7 | 4,035 | 3,034 | 4,623 | 12,834 |
Total Debt Issued | 1,579 | 554.7 | 4,035 | 3,108 | 4,691 | 12,834 |
Short-Term Debt Repaid | - | -46 | -98.6 | - | - | - |
Long-Term Debt Repaid | - | -2,089 | -5,344 | -2,297 | -3,327 | -12,895 |
Total Debt Repaid | -1,264 | -2,135 | -5,443 | -2,297 | -3,327 | -12,895 |
Net Debt Issued (Repaid) | 315.4 | -1,580 | -1,408 | 810.88 | 1,365 | -61.04 |
Issuance of Common Stock | 1.3 | 0.8 | 1,154 | 5.23 | 43.55 | 985.62 |
Repurchase of Common Stock | -4.4 | -1 | -3.4 | -2.43 | -4.67 | -3.37 |
Common Dividends Paid | -200.8 | -201.3 | -285.1 | -322.47 | -378.6 | -307.12 |
Preferred Dividends Paid | -10.5 | -10.5 | -10.5 | -8.36 | -8.72 | -9 |
Dividends Paid | -211.3 | -211.8 | -295.6 | -330.82 | -387.32 | -316.12 |
Other Financing Activities | 3.3 | -18.9 | -3.6 | -25.53 | 93.96 | 1,069 |
Financing Cash Flow | 104.3 | -1,811 | -556.4 | 442.81 | 1,110 | 1,674 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | -0.6 | 1.3 | -3.1 | -0.27 | -1.13 | -1.7 |
Net Cash Flow | 24.9 | -52.9 | 55 | -25.05 | -60.2 | 31.37 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | -58.7 | -178.3 | -390.7 | -398.14 | -469.93 | -1,188 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -2.30% | -7.33% | -16.84% | -16.56% | -17.00% | -52.22% |
Free Cash Flow Per Share | -0.08 | -0.23 | -0.53 | -0.58 | -0.69 | -1.89 |
Levered Free Cash Flow | -80.99 | -451.74 | -531.49 | -617.57 | -604.3 | -839.01 |
Unlevered Free Cash Flow | 102.14 | -275.18 | -304.24 | -424.79 | -430.19 | -708.04 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Interest Paid | 299.1 | 312.1 | 432.7 | 368.51 | 272.73 | 219.03 |
Cash Income Tax Paid | 2.8 | -73.4 | -56.7 | 7.17 | 10.96 | 5.02 |
Change in Working Capital | -8.6 | -45.7 | -139.5 | -86.34 | -221.62 | -522.02 |