Discounted Cash Flow

Algonquin Power & Utilities Corp. Foreign

AQN · Based on 10 years of SEC filings · Converted from CAD to USD

⚠ Cash flow predictability 26/100 (unstable) — FCF YoY std dev 86%, net income 79% (full history)

DCF estimate unavailable — loss_in_2024

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $793.3m $94.8m $-85.8m 11.9% $0.44
2017 $1.1b (39.0%) $108.2m (14.2%) $-170.7m (-99.0%) 9.8% (-17.9%) $0.48 (9.1%)
2018 $1.2b (8.1%) $133.9m (23.8%) $46.3m (127.1%) 11.2% (14.5%) $0.38 (-20.8%)
2019 $1.2b (-1.4%) $384.2m (187.0%) $21.7m (-53.2%) 32.7% (191.0%) $1.05 (176.3%)
2020 $1.2b (3.2%) $566.3m (47.4%) $-203.2m (-1038.3%) 46.7% (42.8%) $1.38 (31.4%)
2021 $1.7b (36.3%) $191.7m (-66.2%) $-859.5m (-322.9%) 11.6% (-75.2%) $0.41 (-70.3%)
2022 $2.0b (21.0%) $-153.4m (-180.0%) $-340.1m (60.4%) -7.7% (-166.2%) $-0.33 (-180.5%)
2023 $2.0b (-2.4%) $20.8m (113.5%) $20.8m (106.1%) 1.1% (113.9%) $0.03 (109.1%)
2024 $1.7b (-14.0%) $-999.2m (-4914.5%) $-282.8m (-1462.6%) -59.5% (-5700.1%) $-1.90 (-6433.3%)
2025 $1.8b (4.9%) $130.9m (113.1%) $-129.0m (54.4%) 7.4% (112.5%) $0.22 (111.6%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in CAD. Values above are converted to USD for comparison with the US-listed share price.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

loss_in_2024

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.