Capital Expenditures for Algonquin Power & Utilities (AQN)
According to Algonquin Power & Utilities's latest reported financial statements, the company's current capital expenditures (TTM) is $784.40M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$784.40M
YoY change
-5.4%
5Y CAGR
-1.0%
Peak year (2021)
$1.33B
Cumulative capital expenditures
$8.80B
CapEx history chart for Algonquin Power & Utilities (AQN) from 1997 to 2025
CapEx history table for Algonquin Power & Utilities (AQN) from 1997 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $785.41M | -5.4% | ||
| 2024 | $830.53M | -20.5% | ||
| 2023 | $1.04B | -0.1% | ||
| 2022 | $1.05B | -21.6% | ||
| 2021 | $1.33B | +61.1% | ||
| 2020 | $827.55M | +39.1% | ||
| 2019 | $594.85M | +34.4% | ||
| 2018 | $442.59M | -25.1% | ||
| 2017 | $590.62M | +95.2% | ||
| 2016 | $302.56M | +105.8% | ||
| 2015 | $147.00M | -60.6% | ||
| 2014 | $373.30M | +150.4% | ||
| 2013 | $149.06M | +96.1% | ||
| 2012 | $76.02M | +27.4% | ||
| 2011 | $59.66M | +184.6% | ||
| 2010 | $20.96M | +101.3% | ||
| 2009 | $10.41M | -71.8% | ||
| 2008 | $36.91M | -8.0% | ||
| 2007 | $40.09M | +50.8% | ||
| 2006 | $26.58M | +95.2% | ||
| 2005 | $13.62M | -5.9% | ||
| 2004 | $14.47M | -23.2% | ||
| 2003 | $18.84M | +126.4% | ||
| 2002 | $8.32M | +354.1% | ||
| 2001 | $1.83M | +141.4% | ||
| 2000 | $758,919.64 | — | ||
| 1999 | $0 | — | ||
| 1998 | $0 | — | ||
| 1997 | $0 | — |
CapEx values are taken from Algonquin Power & Utilities's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Algonquin Power & Utilities (AQN) capital expenditures totalled $785.41M – declined 5.4% year-over-year.
Algonquin Power & Utilities capital expenditures has contracted on net over the period, with a -1.0% compound annual growth rate over 2020–2025 (5 years).
Between 2021 and 2025, Algonquin Power & Utilities capital expenditures plunged 41.1%, falling from $1.33B to $785.41M.
The dataset's maximum capital expenditures sits at $1.33B (2021); the minimum reading of $0 dates to 1997.
Within Utilities, Algonquin Power & Utilities (AQN) ranks 8th among 8 peers we track. The peer median for capital expenditures is $9.94B.
Algonquin Power & Utilities Capital Expenditures by Year
Algonquin Power & Utilities Capital Expenditures 2025: $785.41M
Algonquin Power & Utilities capital expenditures in 2025 was $785.41M, declined 5.4% below 2024.
Algonquin Power & Utilities Capital Expenditures 2024: $830.53M
Algonquin Power & Utilities capital expenditures in 2024 was $830.53M, declined 20.5% below 2023.
Algonquin Power & Utilities Capital Expenditures 2023: $1.04B
Algonquin Power & Utilities capital expenditures in 2023 was $1.04B, edged down 0.1% below 2022.
Algonquin Power & Utilities Capital Expenditures 2022: $1.05B
Algonquin Power & Utilities capital expenditures in 2022 was $1.05B, declined 21.6% below 2021.
Algonquin Power & Utilities Capital Expenditures 2021: $1.33B
Algonquin Power & Utilities capital expenditures in 2021 was $1.33B.
See more financial history for Algonquin Power & Utilities (AQN).
Sector peers — CapEx
Companies in the same sector as Algonquin Power & Utilities, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Duke Energy Corporation (DUK) | $14.02B | Utilities |
| The Southern Company (SO) | $13.39B | Utilities |
| Dominion Energy, Inc. (D) | $12.64B | Utilities |
| Sempra (SRE) | $10.61B | Utilities |
| NextEra Energy, Inc. (NEE) | $9.27B | Utilities |
| Constellation Energy Corporation (CEG) | $2.95B | Utilities |
| GE Vernova Inc. (GEV) | $1.28B | Utilities |
| American Electric Power Company, Inc. (AEP) | $130.00M | Utilities |
Frequently asked questions
What is Algonquin Power & Utilities's capital expenditures?
- Latest reported capital expenditures for Algonquin Power & Utilities (AQN) is $784.40M (period ending December 31, 2025).
How has Algonquin Power & Utilities capital expenditures changed year-over-year?
- Algonquin Power & Utilities (AQN) capital expenditures changed -5.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Algonquin Power & Utilities capital expenditures?
- Algonquin Power & Utilities (AQN) capital expenditures compound annual growth rate is -1.0% over the most recent 5 years available.
When did Algonquin Power & Utilities capital expenditures hit its highest annual value?
- Algonquin Power & Utilities capital expenditures reached its highest annual value of $1.33B in 2021.
What was Algonquin Power & Utilities capital expenditures in 2024?
- Algonquin Power & Utilities (AQN) capital expenditures in 2024 was $830.53M.
What was Algonquin Power & Utilities capital expenditures in 2025?
- Algonquin Power & Utilities (AQN) capital expenditures in 2025 was $785.41M.
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