Algonquin Historical Income Statement
| AQN Stock | USD 6.61 0.06 0.90% |
Historical analysis of Algonquin Power income statement accounts such as Interest Expense of 393.8 M, Selling General Administrative of 115.8 M or Total Revenue of 2.9 B can show how well Algonquin Power Utilities performed in making a profits. Evaluating Algonquin Power income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Algonquin Power's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Algonquin Power Utilities latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Algonquin Power Utilities is a good buy for the upcoming year.
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About Algonquin Income Statement Analysis
Algonquin Power Utilities Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Algonquin Power shareholders. The income statement also shows Algonquin investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Algonquin Power Income Statement Chart
Algonquin Power Utilities Income Statement is one of the three primary financial statements used for reporting Algonquin's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Algonquin Power Utilities revenue and expense. Algonquin Power Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Algonquin Power's EBIT is very stable compared to the past year. As of the 23rd of May 2024, EBITDA is likely to grow to about 1 B, while Gross Profit is likely to drop about 480 M. Add Fundamental
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Algonquin Power Utilities generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Algonquin Power Utilities minus its cost of goods sold. It is profit before Algonquin Power operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Algonquin Power Utilities. It is also known as Algonquin Power overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Algonquin Power's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Algonquin Power Utilities current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algonquin Power Utilities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. At this time, Algonquin Power's EBIT is very stable compared to the past year. As of the 23rd of May 2024, EBITDA is likely to grow to about 1 B, while Gross Profit is likely to drop about 480 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.6B | 1.9B | 588.7M | 480.0M | Total Revenue | 2.3B | 2.8B | 2.7B | 2.9B |
Algonquin Power income statement Correlations
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Algonquin Power Account Relationship Matchups
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Algonquin Power income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 376.0M | 355.7M | 449.5M | 455.5M | 475.6M | 499.3M | |
| Interest Expense | 181.5M | 181.9M | 209.6M | 293.7M | 375.1M | 393.8M | |
| Selling General Administrative | 74.1M | 86.2M | 83.0M | 91.2M | 110.3M | 115.8M | |
| Total Revenue | 1.6B | 1.7B | 2.3B | 2.8B | 2.7B | 2.9B | |
| Gross Profit | 1.2B | 1.3B | 1.6B | 1.9B | 588.7M | 480.0M | |
| Other Operating Expenses | 1.3B | 1.3B | 1.9B | 2.3B | 2.2B | 2.4B | |
| Operating Income | 365.4M | 384.1M | 419.3M | 621.5M | 496.7M | 521.5M | |
| Ebit | 365.4M | 384.1M | 419.3M | 621.5M | 496.7M | 521.5M | |
| Ebitda | 741.4M | 739.8M | 868.7M | 1.1B | 972.3M | 1.0B | |
| Total Operating Expenses | 830.4M | 932.5M | 1.2B | 1.4B | 92.0M | 87.4M | |
| Net Income | 530.9M | 782.5M | 185.7M | (308.2M) | 28.7M | 27.2M | |
| Income Tax Expense | 70.1M | 64.6M | (43.4M) | (61.5M) | (87.9M) | (83.5M) | |
| Cost Of Revenue | 443.3M | 401.0M | 719.1M | 866.5M | 2.1B | 2.3B | |
| Income Before Tax | 555.1M | 792.4M | 142.2M | (369.7M) | (121.8M) | (115.7M) | |
| Total Other Income Expense Net | 189.7M | 408.3M | (277.0M) | (991.2M) | (618.5M) | (587.6M) | |
| Net Income From Continuing Ops | 485.0M | 727.8M | 185.7M | (308.2M) | (33.3M) | (31.6M) | |
| Net Income Applicable To Common Shares | 522.4M | 774.1M | 255.9M | (220.7M) | (253.8M) | (241.1M) | |
| Minority Interest | 863.3M | 785.8M | 79.2M | 96.2M | 62.0M | 58.9M | |
| Tax Provision | 70.1M | 64.6M | (43.4M) | (61.5M) | (86.3M) | (82.0M) | |
| Interest Income | 233.7M | 13.3M | 237.8M | 147.8M | 134.8M | 155.4M | |
| Net Interest Income | (181.5M) | (168.6M) | (188.8M) | (147.3M) | (242.7M) | (254.8M) | |
| Reconciled Depreciation | 284.3M | 314.1M | 403.0M | 455.5M | 467.0M | 387.7M |
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When running Algonquin Power's price analysis, check to measure Algonquin Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Algonquin Power is operating at the current time. Most of Algonquin Power's value examination focuses on studying past and present price action to predict the probability of Algonquin Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algonquin Power's price. Additionally, you may evaluate how the addition of Algonquin Power to your portfolios can decrease your overall portfolio volatility.
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Is Algonquin Power's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algonquin Power. If investors know Algonquin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algonquin Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.998 | Dividend Share 0.434 | Earnings Share (0.49) | Revenue Per Share 3.854 | Quarterly Revenue Growth (0.05) |
The market value of Algonquin Power Utilities is measured differently than its book value, which is the value of Algonquin that is recorded on the company's balance sheet. Investors also form their own opinion of Algonquin Power's value that differs from its market value or its book value, called intrinsic value, which is Algonquin Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algonquin Power's market value can be influenced by many factors that don't directly affect Algonquin Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algonquin Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algonquin Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algonquin Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.