Algonquin Power & Utilities Overview
Get informed when a big investor buys or sells
+ Follow3.22%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Algonquin Power & Utilities's return on equity stands at 3.22%. That is below the Utilities sector average of 7.23%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Algonquin Power & Utilities sits lower the Utilities benchmark (7.23%) with a ROE of 3.22%. That is roughly 55.5% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A ROE of 3.22% for Algonquin Power & Utilities means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Algonquin Power & Utilities's ROE evolved across reporting periods, while the comparison chart places AGQPF next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Utilities, ROE is commonly used to spot outliers. Algonquin Power & Utilities's reading of 3.22% (sector avg 7.23%) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.
