AQN vs. CEG: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AQN and CEG, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | AQN | CEG |
|---|---|---|
| Company Name | Algonquin Power & Utilities Corp. | Constellation Energy Corporation |
| Country | Canada | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry | Multi-Utilities | Electric Utilities |
| Market Capitalization | 4.48 billion USD | 98.16 billion USD |
| Exchange | NYSE | NasdaqGS |
| Listing Date | December 29, 2009 | January 19, 2022 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of AQN and CEG by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | AQN | CEG |
|---|---|---|
| 5-Day Price Return | 0.38% | -3.68% |
| 13-Week Price Return | 2.82% | 6.87% |
| 26-Week Price Return | 19.32% | 0.87% |
| 52-Week Price Return | 9.70% | 62.99% |
| Month-to-Date Return | -1.71% | -9.67% |
| Year-to-Date Return | 25.86% | 40.45% |
| 10-Day Avg. Volume | 2.11M | 2.25M |
| 3-Month Avg. Volume | 1.92M | 2.82M |
| 3-Month Volatility | 37.42% | 33.87% |
| Beta | 0.05 | 1.16 |
Profitability
Return on Equity (TTM)
AQN
-28.98%
Multi-Utilities Industry
- Max
- 19.69%
- Q3
- 12.97%
- Median
- 9.30%
- Q1
- 7.88%
- Min
- 4.34%
AQN has a negative Return on Equity of -28.98%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
CEG
23.08%
Electric Utilities Industry
- Max
- 23.82%
- Q3
- 14.31%
- Median
- 10.58%
- Q1
- 7.57%
- Min
- 1.03%
In the upper quartile for the Electric Utilities industry, CEG’s Return on Equity of 23.08% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Net Profit Margin (TTM)
AQN
-59.08%
Multi-Utilities Industry
- Max
- 25.37%
- Q3
- 15.24%
- Median
- 8.50%
- Q1
- 4.09%
- Min
- -1.05%
AQN has a negative Net Profit Margin of -59.08%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
CEG
12.12%
Electric Utilities Industry
- Max
- 29.46%
- Q3
- 17.23%
- Median
- 11.43%
- Q1
- 7.33%
- Min
- -2.53%
CEG’s Net Profit Margin of 12.12% is aligned with the median group of its peers in the Electric Utilities industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
AQN
19.85%
Multi-Utilities Industry
- Max
- 43.73%
- Q3
- 25.91%
- Median
- 19.49%
- Q1
- 8.11%
- Min
- -0.18%
AQN’s Operating Profit Margin of 19.85% is around the midpoint for the Multi-Utilities industry, indicating that its efficiency in managing core business operations is typical for the sector.
CEG
15.47%
Electric Utilities Industry
- Max
- 46.44%
- Q3
- 26.51%
- Median
- 19.26%
- Q1
- 11.77%
- Min
- 2.81%
CEG’s Operating Profit Margin of 15.47% is around the midpoint for the Electric Utilities industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | AQN | CEG |
|---|---|---|
| Return on Equity (TTM) | -28.98% | 23.08% |
| Return on Assets (TTM) | -8.83% | 5.73% |
| Net Profit Margin (TTM) | -59.08% | 12.12% |
| Operating Profit Margin (TTM) | 19.85% | 15.47% |
| Gross Profit Margin (TTM) | 35.90% | 46.71% |
Financial Strength
Current Ratio (MRQ)
AQN
1.09
Multi-Utilities Industry
- Max
- 1.64
- Q3
- 1.22
- Median
- 0.94
- Q1
- 0.86
- Min
- 0.50
AQN’s Current Ratio of 1.09 aligns with the median group of the Multi-Utilities industry, indicating that its short-term liquidity is in line with its sector peers.
CEG
1.48
Electric Utilities Industry
- Max
- 1.81
- Q3
- 1.22
- Median
- 0.99
- Q1
- 0.78
- Min
- 0.34
CEG’s Current Ratio of 1.48 is in the upper quartile for the Electric Utilities industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
Debt-to-Equity Ratio (MRQ)
AQN
1.35
Multi-Utilities Industry
- Max
- 2.58
- Q3
- 1.96
- Median
- 1.56
- Q1
- 1.20
- Min
- 0.53
AQN’s Debt-to-Equity Ratio of 1.35 is typical for the Multi-Utilities industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
CEG
0.62
Electric Utilities Industry
- Max
- 3.40
- Q3
- 1.83
- Median
- 1.32
- Q1
- 0.64
- Min
- 0.00
Falling into the lower quartile for the Electric Utilities industry, CEG’s Debt-to-Equity Ratio of 0.62 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
Interest Coverage Ratio (TTM)
AQN
1.62
Multi-Utilities Industry
- Max
- 12.21
- Q3
- 7.03
- Median
- 3.61
- Q1
- 2.92
- Min
- 1.62
In the lower quartile for the Multi-Utilities industry, AQN’s Interest Coverage Ratio of 1.62 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.
CEG
9.92
Electric Utilities Industry
- Max
- 18.68
- Q3
- 10.64
- Median
- 3.32
- Q1
- 2.62
- Min
- -3.31
CEG’s Interest Coverage Ratio of 9.92 is positioned comfortably within the norm for the Electric Utilities industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | AQN | CEG |
|---|---|---|
| Current Ratio (MRQ) | 1.09 | 1.48 |
| Quick Ratio (MRQ) | 0.84 | 1.22 |
| Debt-to-Equity Ratio (MRQ) | 1.35 | 0.62 |
| Interest Coverage Ratio (TTM) | 1.62 | 9.92 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
AQN
5.52%
Multi-Utilities Industry
- Max
- 8.75%
- Q3
- 5.46%
- Median
- 4.09%
- Q1
- 2.93%
- Min
- 0.00%
With a Dividend Yield of 5.52%, AQN offers a more attractive income stream than most of its peers in the Multi-Utilities industry, signaling a strong commitment to shareholder returns.
CEG
0.47%
Electric Utilities Industry
- Max
- 7.00%
- Q3
- 4.67%
- Median
- 3.84%
- Q1
- 2.48%
- Min
- 0.00%
CEG’s Dividend Yield of 0.47% is in the lower quartile for the Electric Utilities industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
Dividend Payout Ratio (TTM)
AQN
87.43%
Multi-Utilities Industry
- Max
- 128.77%
- Q3
- 97.17%
- Median
- 66.46%
- Q1
- 52.95%
- Min
- 24.73%
AQN’s Dividend Payout Ratio of 87.43% is within the typical range for the Multi-Utilities industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
CEG
15.49%
Electric Utilities Industry
- Max
- 150.16%
- Q3
- 88.91%
- Median
- 65.69%
- Q1
- 34.65%
- Min
- 0.00%
CEG’s Dividend Payout Ratio of 15.49% is in the lower quartile for the Electric Utilities industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.
Dividend at a Glance
| Symbol | AQN | CEG |
|---|---|---|
| Dividend Yield (TTM) | 5.52% | 0.47% |
| Dividend Payout Ratio (TTM) | 87.43% | 15.49% |
Valuation
Price-to-Earnings Ratio (TTM)
AQN
--
Multi-Utilities Industry
- Max
- 28.21
- Q3
- 21.40
- Median
- 16.89
- Q1
- 11.54
- Min
- 5.08
P/E Ratio data for AQN is currently unavailable.
CEG
32.62
Electric Utilities Industry
- Max
- 39.85
- Q3
- 21.79
- Median
- 15.62
- Q1
- 8.97
- Min
- 3.03
A P/E Ratio of 32.62 places CEG in the upper quartile for the Electric Utilities industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
Price-to-Sales Ratio (TTM)
AQN
1.92
Multi-Utilities Industry
- Max
- 4.54
- Q3
- 3.52
- Median
- 1.87
- Q1
- 0.50
- Min
- 0.27
AQN’s P/S Ratio of 1.92 aligns with the market consensus for the Multi-Utilities industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
CEG
3.95
Electric Utilities Industry
- Max
- 5.96
- Q3
- 3.09
- Median
- 1.93
- Q1
- 1.14
- Min
- 0.15
CEG’s P/S Ratio of 3.95 is in the upper echelon for the Electric Utilities industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio (MRQ)
AQN
0.92
Multi-Utilities Industry
- Max
- 2.70
- Q3
- 1.97
- Median
- 1.46
- Q1
- 1.21
- Min
- 0.86
AQN’s P/B Ratio of 0.92 is in the lower quartile for the Multi-Utilities industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.
CEG
7.52
Electric Utilities Industry
- Max
- 2.99
- Q3
- 1.99
- Median
- 1.46
- Q1
- 1.11
- Min
- 0.18
At 7.52, CEG’s P/B Ratio is at an extreme premium to the Electric Utilities industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
Valuation at a Glance
| Symbol | AQN | CEG |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | -- | 32.62 |
| Price-to-Sales Ratio (TTM) | 1.92 | 3.95 |
| Price-to-Book Ratio (MRQ) | 0.92 | 7.52 |
| Price-to-Free Cash Flow Ratio (TTM) | 66.65 | 138.25 |