Algonquin Power & Utilities Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.43B | $2.32B | $2.40B | $2.77B | $2.27B | $1.68B | $1.63B | $1.65B |
| Cost of Revenue | — | — | — | — | — | $520.5M | $472.0M | $472.5M |
| Gross Profit | — | — | — | — | — | $1.16B | $1.15B | $1.18B |
| Gross Margin | — | — | — | — | — | 69.0% | 71.0% | 71.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | $90.4M | $80.2M | $66.7M | $63.1M | $56.8M | $52.7M |
| Operating Income | $504.7M | $446.1M | $467.3M | $402.0M | $413.1M | $384.0M | $366.8M | $378.4M |
| Operating Margin | 20.7% | 19.2% | 19.4% | 14.5% | 18.2% | 22.9% | 22.6% | 23.0% |
| Interest Expense | $282.5M | $363.6M | $308.4M | $278.6M | $209.6M | $181.9M | $181.5M | $152.1M |
| Pretax Income | $211.0M | $177.2M | $-62.1M | $-369.7M | $142.2M | $792.4M | $555.1M | $132.5M |
| Income Tax Expense | $65.0M | $186.8M | $-37.1M | $-61.5M | $-43.4M | $64.6M | $70.1M | $53.4M |
| Net Income | $180.8M | $-1.38B | $28.7M | $-212.0M | $264.9M | $782.5M | $530.9M | $185.0M |
| Net Margin | 7.4% | -59.5% | 1.2% | -7.7% | 11.6% | 46.7% | 32.6% | 11.2% |
| EPS (Basic) | $0.22 | $-1.90 | $0.03 | $-0.33 | $0.41 | $1.38 | $1.05 | $0.38 |
| EPS (Diluted) | $0.22 | $-1.90 | $0.03 | $-0.33 | $0.41 | $1.37 | $1.04 | $0.38 |
| Shares Outstanding (Basic) | 768.1M | 731.7M | 688.7M | 677.9M | 622.3M | 559.6M | 499.9M | 461.8M |
| Shares Outstanding (Diluted) | 772.4M | 734.0M | 690.8M | 677.9M | 628.9M | 564.4M | 504.7M | 466.0M |
| Dividends Per Share | $0.26 | $0.35 | $0.43 | $0.71 | $0.67 | $0.61 | $0.55 | $0.50 |