Algonquin Power & Utilities Corp

NYSE AQN

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Algonquin Power & Utilities Corp Price to Sales Ratio (P/S) on June 03, 2024: 1.64

Algonquin Power & Utilities Corp Price to Sales Ratio (P/S) is 1.64 on June 03, 2024, a -22.66% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.
  • Algonquin Power & Utilities Corp 52-week high Price to Sales Ratio (P/S) is 2.14 on June 07, 2023, which is 30.65% above the current Price to Sales Ratio (P/S).
  • Algonquin Power & Utilities Corp 52-week low Price to Sales Ratio (P/S) is 1.25 on October 25, 2023, which is -23.82% below the current Price to Sales Ratio (P/S).
  • Algonquin Power & Utilities Corp average Price to Sales Ratio (P/S) for the last 52 weeks is 1.64.
NYSE: AQN

Algonquin Power & Utilities Corp

CEO Mr. Arun Banskota
IPO Date Oct. 8, 1998
Location Canada
Headquarters 354 Davis Road, Oakville, ON, Canada, L6J 2X1
Employees 3,946
Sector Utilities
Industry Utilities - renewable
Description

Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2023, it provided distribution services to approximately 1,256,000 customer connections in the electric (approximately 309,000 customer connections), water and wastewater (approximately 572,000 customer connections), and natural gas sectors (approximately 375,000 customer connections). The company's electrical distribution utility systems and related transmission and generation assets are located in the states of Arkansas, California, Kansas, Missouri, Nevada, New Hampshire, and Oklahoma, and in Bermuda. Its regulated water distribution and wastewater collection utility systems are located in the states of Arizona, Arkansas, California, Illinois, Missouri, New York and Texas, and in Chile. The company's regulated natural gas distribution utility systems located in the province of New Brunswick and the states of Georgia, Illinois, Iowa, Massachusetts, Missouri, New Hampshire and New York. It also owns and operates generating assets with a gross capacity of approximately 2.0 gigawatt (GW) and has investments in generating assets with approximately 0.3 GW of net generation capacity. The company generates and sells electrical energy, capacity, ancillary products, and renewable attributes produced by its renewable and clean power generation facilities. It has economic interests in hydroelectric, wind, solar, renewable natural gas, and thermal facilities. As of December 31, 2023, it had a combined net generating capacity attributable to the Renewable Energy Group of approximately 2.7 GW. The company was incorporated in 1988 and is headquartered in Oakville, Canada.

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September 19, 2024

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