Algonquin Power & Utilities Corp. (AQN)

AQN Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	97.5	108.3	-1,516	-33.31	-308.16	185.66
Depreciation & Amortization	413.2	400.3	476.7	467	455.52	402.96
Stock-Based Compensation	11.3	13	18.4	10.4	10.92	8.4
Other Adjustments	150.8	117.7	1,642	270.28	682.43	82.47
Changes in Other Operating Activities	-105.1	-45.7	-139.5	-86.34	-221.62	-522.02
Operating Cash Flow	567.2	593.6	481.7	628.03	619.1	157.47
Operating Cash Flow Growth	33.54%	23.23%	-23.30%	1.44%	293.16%	-68.83%
Capital Expenditures	-685.7	-771.9	-872.4	-1,026	-1,089	-1,345
Sale of Property, Plant & Equipment	-	-	1,077	-	-	-
Purchases of Investments	-4.9	-4.9	-115	-243.74	-221.28	-622.32
Proceeds from Sale of Investments	-	-	22.9	11.75	2.92	0.22
Payments for Business Acquisitions	-	-	-	-	-632.8	-
Proceeds from Business Divestments	-	1,973	29.5	-	-	-
Other Investing Activities	-21.2	-33.1	-9.4	162.54	151.77	169.04
Investing Cash Flow	-711.8	1,163	132.8	-1,096	-1,788	-1,798
Short-Term Debt Issued	312	-46	-98.6	74.72	68.3	-
Net Short-Term Debt Issued (Repaid)	312	-46	-98.6	74.72	68.3	-
Long-Term Debt Issued	329.1	554.7	4,035	3,034	4,623	12,834
Long-Term Debt Repaid	-295.3	-2,089	-5,344	-2,297	-3,327	-12,895
Net Long-Term Debt Issued (Repaid)	33.8	-1,534	-1,309	736.16	1,296	-61.04
Issuance of Common Stock	0.7	0.8	1,154	5.23	43.55	985.62
Repurchase of Common Stock	-1.2	-1	-3.4	-2.43	-4.67	-3.37
Net Common Stock Issued (Repurchased)	-0.5	-0.2	1,151	2.8	38.88	982.25
Repurchase of Preferred Stock	-	-	-	-14.52	-	-
Net Preferred Stock Issued (Repurchased)	-	-	-	-14.52	-	-
Common Dividends Paid	-201.2	-201.3	-285.1	-322.47	-378.6	-307.12
Preferred Share Dividends Paid	-10.5	-10.5	-10.5	-8.36	-8.72	-9
Other Financing Activities	16.7	-18.9	-3.6	-25.53	93.96	1,069
Financing Cash Flow	150.3	-1,811	-556.4	442.81	1,110	1,674
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.3	1.3	-3.1	-0.27	-1.13	-1.7
Net Cash Flow	6	-52.9	55	-25.05	-60.2	31.37
Free Cash Flow	-118.5	-178.3	-390.7	-398.14	-469.93	-1,188
FCF Margin	-4.68%	-7.33%	-16.84%	-16.56%	-17.00%	-52.22%
Free Cash Flow Per Share	-0.15	-0.23	-0.53	-0.58	-0.69	-1.89
Levered Free Cash Flow	127.9	-1,827	-3,334	185.68	288.89	-1,269
Unlevered Free Cash Flow	-49.43	-68.08	-559.37	-456.99	-519.98	-924.88

Updated May 8, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q