Ticker League

Operating Margin for Algonquin Power & Utilities (AQN)

As of · Reported

Metric

TTM

20.1%

YoY change

+2.26pp

Trough year (2012)

12.4%

Peak year (2000)

51.5%

Operating Margin history chart for Algonquin Power & Utilities (AQN) from 1998 to 2025

Latest: 21.5%

Operating Margin change chart for Algonquin Power & Utilities (AQN) from 1998 to 2025

Latest: +2.26pp

Operating Margin history table for Algonquin Power & Utilities (AQN) from 1998 to 2025

  • 202521.5%+2.26pp
  • 202419.2%-0.21pp
  • 202319.4%+4.90pp
  • 202214.5%-3.62pp
  • 202118.2%-4.73pp
  • 202022.9%+0.34pp
  • 201922.6%-0.35pp
  • 201822.9%-1.23pp
  • 201724.1%+2.71pp
  • 201621.4%+3.47pp
  • 201518.0%+3.22pp
  • 201414.7%-0.65pp
  • 201315.4%+3.03pp
  • 201212.4%-1.32pp
  • 201113.7%+0.51pp
  • 201013.2%-2.58pp
  • 200915.8%-0.68pp
  • 200816.4%-6.60pp
  • 200723.0%+2.26pp
  • 200620.8%+2.42pp
  • 200518.4%+0.89pp
  • 200417.5%-17.00pp
  • 200334.5%+6.26pp
  • 200228.2%-13.30pp
  • 200141.5%-9.99pp
  • 200051.5%+6.38pp
  • 199945.1%-0.55pp
  • 199845.7%—

Operating Margin values are taken from Algonquin Power & Utilities's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Algonquin Power & Utilities (AQN)

According to Algonquin Power & Utilities's latest reported financial statements, the company's latest reported operating margin is 20.1%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Algonquin Power & Utilities (AQN) operating margin totalled 21.49% – expanded 2.3 percentage points year-over-year.

51.49% stands as the all-time-high annual operating margin, posted in 2000, against a low of 12.36% during 2012.

Algonquin Power & Utilities Operating Margin by Year

Algonquin Power & Utilities Operating Margin 2025: 21.5%

Algonquin Power & Utilities operating margin in 2025 was 21.49%, expanded 2.3 percentage points from 2024.

Algonquin Power & Utilities Operating Margin 2024: 19.2%

2024's operating margin for Algonquin Power & Utilities came in at 19.23%, contracted 0.2 percentage points from 2023.

Algonquin Power & Utilities Operating Margin 2023: 19.4%

Algonquin Power & Utilities posted operating margin of 19.44% in 2023, expanded 4.9 percentage points from 2022.

Algonquin Power & Utilities Operating Margin 2022: 14.5%

In 2022, Algonquin Power & Utilities reported operating margin of 14.54%, contracted 3.6 percentage points from 2021.

Algonquin Power & Utilities Operating Margin 2021: 18.2%

Algonquin Power & Utilities operating margin in 2021 was 18.17%.

See more financial history for Algonquin Power & Utilities (AQN).

Sector peers by Operating Margin

Utilities peers of Algonquin Power & Utilities (AQN), ranked by their latest operating margin

Frequently asked questions

Algonquin Power & Utilities (AQN) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview