Algonquin Power & Utilities (AQN) Return on Invested Capital [ROIC] (2010 - 2026)
Algonquin Power & Utilities' Return on Invested Capital [ROIC] was 9.48% in the quarter ended Jun 30, 2026, up 3.52 percentage points from 5.96% a year earlier and up 0.27 percentage points from the prior quarter.
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Analysis
Algonquin Power & Utilities (AQN) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Return on Invested Capital [ROIC] at Algonquin Power & Utilities came in at 8.36%, down 0.49 percentage points from the prior year.
- Return on Invested Capital [ROIC] shows a five-year change of -3.15 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Return on Invested Capital [ROIC] was 8.84% in the year ended Dec 31, 2024 (+2.82 pp), 6.02% in the year ended Dec 31, 2023 (-5.50 pp), 11.52% in the year ended Dec 31, 2022 (+0.33 pp) and 11.19% in the year ended Dec 31, 2021 (-0.31 pp).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Return on Invested Capital [ROIC] since the quarter ended Dec 31, 2022.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for five straight quarters, with an average year-over-year change of +2.18 percentage points over the last seven quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was the quarter ended Dec 31, 2025 (a gain of 5.22 percentage points); the worst was the quarter ended Dec 31, 2023 (a drop of 11.91 percentage points).
- Per Business Quant data, AQN's Return on Invested Capital [ROIC] in the three quarters before the quarter ended Jun 30, 2026 was 9.21% (quarter ended Mar 31, 2026), 9.38% (quarter ended Dec 31, 2025) and 7.00% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 8.06% |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | - |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 4.66% |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 5.00% |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 5.52% |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 5.76% |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 5.06% |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 7.17% |
| 10 | Algonquin Power & Utilities | 4.33 Bn | 4.22 Bn | -203.00 Mn | 3.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.58% |
| Jun 30, 2026 | 3.42% |
| Mar 31, 2026 | 3.29% |
| Dec 31, 2025 | 2.84% |
| Sep 30, 2025 | 3.07% |
| Jun 30, 2025 | 2.59% |
| Mar 31, 2025 | 2.87% |
| Dec 31, 2024 | 1.94% |
| Sep 30, 2024 | 2.81% |
| Jun 30, 2024 | 1.60% |
| Mar 31, 2024 | 3.10% |
| Dec 31, 2023 | 3.29% |
| Sep 30, 2023 | 4.24% |
| Jun 30, 2023 | 4.30% |
| Mar 31, 2023 | 4.47% |
| Dec 31, 2022 | 4.50% |
| Sep 30, 2022 | 4.22% |
| Jun 30, 2022 | 4.00% |
| Mar 31, 2022 | 3.83% |
| Dec 31, 2021 | 3.23% |
API Access
Algonquin Power & Utilities Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=AQN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=AQN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();