Algonquin Power & Utilities Corp (AQN) — Financial Flexibility Index

Latest as of September 2025: 0.11x

Algonquin Power & Utilities Corp (AQN) has a Financial Flexibility Index of 0.11x as of September 2025. Free cash flow of CA$969.40 Million (operating CF CA$417.60 Million minus capex CA$551.80 Million) represents 0% of total liabilities (CA$8.71 Billion). Also explore AQN net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$969.40 Million
Operating CF − Capex

Total Liabilities

CA$8.71 Billion
CAD

Capital Expenditures

CA$551.80 Million
CAD

Algonquin Power & Utilities Corp Financial Flexibility Index (1997–2024)

Historical Financial Flexibility Index trend for Algonquin Power & Utilities Corp across 28 annual periods. Check AQN strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Algonquin Power & Utilities Corp (1997–2024)

Year-by-year free cash flow to debt coverage for Algonquin Power & Utilities Corp. For the full company profile including market capitalisation, see AQN market cap.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2024 0.12x CA$1.29 Billion CA$458.59 Million CA$10.78 Billion ▼ -18.7%
2023 0.15x CA$1.68 Billion CA$638.22 Million CA$11.43 Billion ▼ -7.1%
2022 0.16x CA$1.66 Billion CA$600.67 Million CA$10.47 Billion ▼ -2.6%
2021 0.16x CA$1.48 Billion CA$154.82 Million CA$9.10 Billion ▼ -13.4%
2020 0.19x CA$1.36 Billion CA$530.84 Million CA$7.23 Billion ▼ -2.5%
2019 0.19x CA$1.19 Billion CA$609.17 Million CA$6.18 Billion ▲ +8.6%
2018 0.18x CA$948.72 Million CA$504.81 Million CA$5.36 Billion ▼ -5.6%
2017 0.19x CA$941.76 Million CA$359.93 Million CA$5.02 Billion ▲ +55.9%
2016 0.12x CA$513.09 Million CA$212.96 Million CA$4.27 Billion ▼ -31.3%
2015 0.18x CA$337.41 Million CA$190.02 Million CA$1.93 Billion ▼ -39.8%
2014 0.29x CA$565.73 Million CA$174.58 Million CA$1.95 Billion ▲ +114.9%
2013 0.14x CA$255.98 Million CA$98.86 Million CA$1.89 Billion ▲ +34.2%
2012 0.10x CA$139.28 Million CA$63.45 Million CA$1.38 Billion ▼ -43.8%
2011 0.18x CA$128.30 Million CA$68.55 Million CA$714.88 Million ▲ +71.8%
2010 0.10x CA$65.99 Million CA$45.17 Million CA$631.89 Million ▼ -11.0%
2009 0.12x CA$57.67 Million CA$47.29 Million CA$491.59 Million ▼ -47.5%
2008 0.22x CA$114.58 Million CA$72.06 Million CA$512.50 Million ▲ +57.8%
2007 0.14x CA$81.24 Million CA$41.06 Million CA$573.43 Million ▼ -18.4%
2006 0.17x CA$85.19 Million CA$58.62 Million CA$490.57 Million ▼ -9.7%
2005 0.19x CA$61.39 Million CA$47.75 Million CA$319.27 Million ▼ -24.4%
2004 0.25x CA$69.52 Million CA$55.16 Million CA$273.37 Million ▼ -12.2%
2003 0.29x CA$63.73 Million CA$44.89 Million CA$220.05 Million ▲ +0.5%
2002 0.29x CA$31.42 Million CA$23.10 Million CA$109.00 Million ▼ -10.6%
2001 0.32x CA$20.41 Million CA$18.58 Million CA$63.30 Million ▲ +48.4%
2000 0.22x CA$15.79 Million CA$15.03 Million CA$72.65 Million ▲ +96.9%
1999 0.11x CA$9.20 Million CA$9.20 Million CA$83.38 Million ▼ -82.5%
1998 0.63x CA$4.57 Million CA$4.57 Million CA$7.25 Million ▲ +358.3%
1997 0.14x CA$631.31K CA$631.31K CA$4.59 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities