Algonquin Power & Utilities (AQN) Operating Margin (2010 - 2026)
Algonquin Power & Utilities (AQN) posted Operating Margin of 15.37% for the quarter ended Jun 30, 2026, up 3.09 percentage points from 12.28% a year earlier but down 7.89 percentage points from the prior quarter.
Algonquin Power & Utilities (AQN) Operating Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Algonquin Power & Utilities was 20.86%, up 2.28 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 20.74%, down 7.72 percentage points from the prior year.
- Annual Operating Margin shows a five-year change of -15.05 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Algonquin Power & Utilities' Operating Margin was 28.45% in the year ended Dec 31, 2024 (+9.02 pp), 19.44% in the year ended Dec 31, 2023 (-12.79 pp), 32.23% in the year ended Dec 31, 2022 (-2.20 pp) and 34.44% in the year ended Dec 31, 2021 (-1.35 pp).
- Quarterly Operating Margin has run from a low of 12.28% in the quarter ended Jun 30, 2025 to a high of 37.36% in the quarter ended Dec 31, 2021 over five years.
- On a year-over-year basis, Operating Margin increased in three of the last six quarters, with an average year-over-year change of -0.99 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was the quarter ended Jun 30, 2022, with a gain of 12.92 percentage points; the weakest was the quarter ended Dec 31, 2024, with a drop of 11.80 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 23.26% (quarter ended Mar 31, 2026), 17.65% (quarter ended Dec 31, 2025) and 26.42% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 30.20% |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 7.34% |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 22.64% |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 20.99% |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 21.94% |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 27.43% |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 36.45% |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 40.00% |
| 10 | Algonquin Power & Utilities | 3.86 Bn | 4.00 Bn | 536.70 Mn | 15.37% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.37% |
| Mar 31, 2026 | 23.26% |
| Dec 31, 2025 | 17.65% |
| Sep 30, 2025 | 26.42% |
| Jun 30, 2025 | 12.28% |
| Mar 31, 2025 | 26.43% |
| Dec 31, 2024 | 13.97% |
| Sep 30, 2024 | 19.83% |
| Jun 30, 2024 | 16.59% |
| Dec 31, 2023 | 25.77% |
| Jun 30, 2023 | 24.56% |
| Dec 31, 2022 | 34.55% |
| Sep 30, 2022 | 33.71% |
| Jun 30, 2022 | 29.11% |
| Mar 31, 2022 | 31.08% |
| Dec 31, 2021 | 37.36% |
| Sep 30, 2021 | 32.20% |
| Jun 30, 2021 | 16.19% |
| Dec 31, 2020 | 36.50% |
| Jun 30, 2020 | 17.19% |
Algonquin Power & Utilities Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=AQN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "AQN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=AQN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();