AQN vs DUK vs ED Stock Comparison

Algonquin Power & Utilities, Duke Energy and Consolidated Edison Prices as of Oct 27, 2026 Peers: Industry group
DUK Duke Energy CORP
$124.79 +10.1% 1M -2.1% 1Y
Market cap
$97.09B
P/E
18.7x
Revenue (TTM)
$33.25B
Div. yield
3.42%
Regulated Electric Utilities Utilities
4 wins
ED Consolidated Edison Inc
$115.04 +11.5% 1M +14.8% 1Y
Market cap
$42.55B
P/E
20.9x
Revenue (TTM)
$17.69B
Div. yield
3.06%
Regulated Electric Utilities Utilities
5 wins

Head to Head

12 decided of 12

Consolidated Edison leads on 5 of the 12 questions below (Consolidated Edison 5, Duke Energy 4, Algonquin Power & Utilities 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAQNDUKEDLeader
Larger companyMarket capitalisation $4.16B $97.09B $42.55B DUK
Cheaper on earningsLower P/E, profitable companies only 29.9x 18.7x 20.9x DUK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.9x 19.0x 18.1x AQN
Faster revenue growthRevenue growth, trailing twelve months +5.7% +6.3% +9.5% ED
More profitableNet margin, trailing twelve months 11.5% — 11.5% AQN
Better return on capitalReturn on invested capital 3.4% — 9.1% ED
Less leveragedLower net debt / EBITDA 7.0x — -0.1x ED
Higher dividend yieldTrailing dividend yield 5.18% 3.42% 3.06% AQN
Better 1-year returnPrice return, last 12 months -5.4% -2.1% +14.8% ED
Better 5-year returnAnnualised price return, 5 years -17.9%/yr +4.0%/yr +8.6%/yr ED
Less volatileAnnualised volatility, 1 year 25.7% 16.6% 18.0% DUK
Higher overall scoreMean of the five percentile scores vs peers 56/100 73/100 53/100 DUK

Percentile Scorecard

AQNDUKED

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAQNDUKED
Valuation 76 #17 of 67 83 #12 of 67 80 #14 of 67
Growth 67 #22 of 65 83 #12 of 65 31 #45 of 65
Profitability 66 #22 of 63 55 #29 of 63 34 #42 of 63
Financial Health 37 #40 of 63 – 89 #8 of 63
Shareholder Returns 35 #44 of 67 73 #19 of 67 33 #45 of 67
Overall 56 73 53
  • AQN ranked among 67 companies in Regulated Utilities
  • DUK ranked among 67 companies in Regulated Utilities
  • ED ranked among 67 companies in Regulated Utilities

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAQNDUKEDSPY
1 month +8.4%+10.1%+11.5% -0.2%
3 months -10.9%-3.5%+2.8% +3.9%
6 months -13.6%-2.4%+4.9% +8.2%
Year to date -12.0%+6.5%+15.8% +12.9%
1 year -5.4%-2.1%+14.8% +12.3%
3 years +7.6%+42.6%+31.5% +87.4%
3 years, per year +2.5%+12.6%+9.6% +23.3%
5 years -62.6%+21.8%+50.8% +67.9%
5 years, per year -17.9%+4.0%+8.6% +10.9%
10 years -38.2%+59.1%+56.6% +261.1%
10 years, per year -4.7%+4.8%+4.6% +13.7%

Risk

MeasureAQNDUKEDSPY
Volatility, 1Y 25.7%16.6%18.0% 12.7%
Downside volatility, 1Y 28.4%16.9%17.7% 12.7%
Beta vs S&P 500, 1Y 0.24-0.32-0.52 1.00
Return / volatility, 1Y -0.21-0.130.82 0.97
Max drawdown, 5Y -73.3%-26.0%-22.0% -25.4%
From 52-week high -22.5%-6.5%-1.0% -1.2%
52-week high $6.98$133.46$116.25 $779.14
52-week low $4.99$113.24$95.41 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAQNDUKED
P/E now vs peer median 29.9xmedian 20.9x 18.7xmedian 20.9x 20.9xmedian 20.9x
P/S now vs peer median 3.4xmedian 2.9x 2.9xmedian 2.9x 2.4xmedian 2.9x
EV/EBITDA now vs peer median 11.5xmedian 13.2x —median 13.2x 7.5xmedian 13.2x
P/FCF now vs peer median 26.1xmedian 36.9x —median 36.9x -49.4xmedian 36.9x
P/B now vs peer median 0.8xmedian 1.7x 1.7xmedian 1.7x 1.7xmedian 1.7x
PEG now vs peer median 0.85median 2.31 0.31median 2.31 -2.54median 2.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAQNDUKED
Revenue $1.21B $33.25B $17.69B
Gross profit -$435.80M – $9.44B
Operating income $525.40M $9.23B $3.18B
Net income $167.50M $5.38B $2.22B
Free cash flow $159.40M – -$862.00M
EPS (diluted) $0.18 $6.66 $5.48
Cash & equivalents $55.00M $673.00M $1.47B
Total debt $6.64B – $5.26B
Shares (diluted) 772.41M 779.00M 370.00M
Enterprise value $4.32B $99.20B $39.12B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAQNDUKED
P/E 29.9x 18.7x 20.9x
P/FCF 26.1x – -49.4x
P/Operating cash flow 4.0x 8.4x 10.8x
P/S 3.4x 2.9x 2.4x
P/B 0.8x 1.7x 1.7x
P/Tangible book 0.8x 1.7x 1.7x
EV/EBITDA 11.5x – 7.5x
EV/EBIT 20.4x – 13.2x
EV/Revenue 8.9x 2.9x 2.4x
EV/FCF 67.4x – -48.8x
EV/Operating cash flow 10.5x 8.4x 10.6x
PEG (3Y EPS CAGR) 0.85 0.31 -2.54

Growth

14 metrics
MetricAQNDUKED
Revenue growth (1Y) 5.7% 6.3% 9.5%
Revenue CAGR (3Y) -5.3% 4.6% 4.4%
Gross profit growth (1Y) 5.7% – 9.4%
Gross profit CAGR (3Y) 6.1% – 7.5%
Operating income growth (1Y) 14.0% 9.5% 12.9%
Operating income CAGR (3Y) -5.8% 13.2% -2.8%
Net income growth (1Y) 112.7% 8.7% 14.6%
Net income CAGR (3Y) 52.3% 59.0% -3.5%
EPS growth (1Y) 153.3% 8.9% 2.4%
EPS CAGR (3Y) 35.1% 59.6% -8.2%
Operating cash flow growth (1Y) 6.7% -3.2% -12.5%
Operating cash flow CAGR (3Y) 11.6% 26.8% 8.0%
Free cash flow growth (1Y) -45.1% – -210.1%
Free cash flow CAGR (3Y) 28.6% – 12.8%

Profitability

14 metrics
MetricAQNDUKED
Gross margin -36.1% – 53.4%
EBITDA margin 77.8% – 31.6%
Operating margin 43.6% – 18.0%
Pretax margin 16.2% – 16.4%
Net margin 11.5% – 11.5%
FCF margin 13.2% – -4.9%
Operating cash flow margin 85.2% 34.8% 22.4%
Return on equity 1.5% 9.5% 8.6%
Return on assets – 2.7% 2.9%
Return on invested capital 3.4% – 9.1%
Return on capital employed – – 4.5%
Asset turnover – 0.2x 0.2x
Cash conversion (OCF / net income) 6.1x 2.1x 1.8x
Stock comp / revenue 1.0% – –

Financial Health

11 metrics
MetricAQNDUKED
Debt / assets 47.7% – 1.3%
Debt / equity 1.3x – 0.0x
Net debt / EBITDA 7.0x – -0.1x
Debt / FCF 41.6x – -1.1x
Liabilities / assets 64.3% – 66.4%
Equity / assets 35.7% 28.3% 33.6%
Interest coverage 1.9x – 2.6x
Current ratio 0.9x 0.7x 1.3x
Quick ratio 0.4x – 0.8x
Cash ratio 0.1x – 0.3x
Altman Z-score 0.18 – 1.18

Shareholder Returns

7 metrics
MetricAQNDUKED
Dividend yield 5.2% 3.4% 3.1%
Net buyback yield -0.2% – -2.2%
Shareholder yield 5.0% 3.4% 0.8%
Payout ratio (earnings) 180.2% – 54.8%
Payout ratio (FCF) 189.3% – -140.8%
Dividend growth (1Y) -30.8% – 7.7%
Dividend CAGR (3Y) -17.9% – 3.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAQNDUKED
Forward P/E 15.9xFY2026 19.0xFY2026 18.1xFY2026
EPS, next fiscal year $0.34FY2026 $6.56FY2026 $6.36FY2026
EPS growth, next FY 0.0%FY2026 +4.0%FY2026 +11.6%FY2026
EPS growth, the year after +17.6% +15.4% -2.4%
Revenue, next fiscal year $2.45BFY2026 $32.42BFY2026 $16.78BFY2026
Revenue growth, next FY +0.9%FY2026 +0.6%FY2026 -0.8%FY2026
Revenue growth, the year after +14.7% +4.1% +6.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAQNDUKED
Held by institutions 68.7% 69.7% 76.0%
Institutions holding 241 2,458 1,431
Change in shares held, QoQ +2.1% +0.5% +6.7%
Institutions buying 129 1,297 755
Institutions selling 67 801 385
Buyers to sellers 1.93 1.62 1.96

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AQNDUKED
AQN 1.00 0.29 0.27
DUK 0.29 1.00 0.84
ED 0.27 0.84 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AQN, DUK and ED?

Duke Energy (DUK) is the largest by market capitalisation: Algonquin Power & Utilities (AQN) $4.16B, Duke Energy (DUK) $97.09B, Consolidated Edison (ED) $42.55B.

Which stock is cheaper, AQN, DUK and ED?

Duke Energy (DUK) trades on the lowest price-to-earnings ratio (Algonquin Power & Utilities (AQN) 29.9x, Duke Energy (DUK) 18.7x, Consolidated Edison (ED) 20.9x). On next year's consensus earnings, Algonquin Power & Utilities (AQN) is cheapest (Algonquin Power & Utilities (AQN) 15.9x, Duke Energy (DUK) 19.0x, Consolidated Edison (ED) 18.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Consolidated Edison (ED) grew revenue fastest over the trailing twelve months: Algonquin Power & Utilities (AQN) +5.7%, Duke Energy (DUK) +6.3%, Consolidated Edison (ED) +9.5%.

Which company is more profitable?

Algonquin Power & Utilities (AQN) has the highest net margin (Algonquin Power & Utilities (AQN) 11.5%, Consolidated Edison (ED) 11.5%). On return on invested capital, Consolidated Edison (ED) leads (Algonquin Power & Utilities (AQN) 3.4%, Consolidated Edison (ED) 9.1%).

Which stock has performed better?

Over the past year Consolidated Edison (ED) returned the most: Algonquin Power & Utilities (AQN) -5.4%, Duke Energy (DUK) -2.1%, Consolidated Edison (ED) +14.8%. Over five years, Consolidated Edison (ED) compounded fastest (Algonquin Power & Utilities (AQN) -17.9%/yr, Duke Energy (DUK) +4.0%/yr, Consolidated Edison (ED) +8.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Algonquin Power & Utilities (AQN) has the highest dividend yield: Algonquin Power & Utilities (AQN) 5.18%, Duke Energy (DUK) 3.42%, Consolidated Edison (ED) 3.06%.

Which stock is riskier?

By one-year price volatility, Duke Energy (DUK) has been the steadiest (Algonquin Power & Utilities (AQN) 25.7%, Duke Energy (DUK) 16.6%, Consolidated Edison (ED) 18.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AQN, DUK and ED?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Consolidated Edison (ED) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.