Algonquin Historical Income Statement
| AQN Stock | USD 6.17 0.13 2.06% |
Historical analysis of Algonquin Power income statement accounts such as Interest Expense of 390.1 M, Selling General Administrative of 115.8 M or Total Revenue of 2.8 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
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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.Operating Income
Operating Income is the amount of profit realized from Algonquin Power Utilities operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Algonquin Power Utilities is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 Operating Income is very stable compared to the past year. As of the 5th of June 2024, EBIT is likely to grow to about 659.7 M, while Net Income is likely to drop about 27.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.6B | 1.9B | 2.0B | 2.1B | Total Revenue | 2.3B | 2.8B | 2.7B | 2.8B |
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 | 467.0M | 490.3M | |
| Interest Expense | 181.5M | 181.9M | 209.6M | 293.7M | 371.5M | 390.1M | |
| 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 | 2.8B | |
| Gross Profit | 1.2B | 1.3B | 1.6B | 1.9B | 2.0B | 2.1B | |
| Other Operating Expenses | 1.3B | 1.3B | 1.9B | 2.3B | 2.2B | 2.3B | |
| Operating Income | 365.4M | 384.1M | 419.3M | 621.5M | 465.9M | 489.2M | |
| Ebit | 365.4M | 384.1M | 419.3M | 621.5M | 628.3M | 659.7M | |
| Ebitda | 741.4M | 739.8M | 868.7M | 1.1B | 1.1B | 1.2B | |
| Total Operating Expenses | 830.4M | 932.5M | 1.2B | 1.4B | 1.5B | 1.6B | |
| 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) | (86.3M) | (82.0M) | |
| Cost Of Revenue | 443.3M | 401.0M | 719.1M | 866.5M | 735.9M | 772.7M | |
| Income Before Tax | 555.1M | 792.4M | 142.2M | (369.7M) | (119.6M) | (113.6M) | |
| Total Other Income Expense Net | 189.7M | 408.3M | (277.0M) | (991.2M) | (354.7M) | (337.0M) | |
| 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 determining whether Algonquin Power Utilities is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Algonquin Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Algonquin Power Utilities Stock. Highlighted below are key reports to facilitate an investment decision about Algonquin Power Utilities Stock: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. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Multi-Utilities space 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.