Algonquin Power & Utilities Corp (AQN) — Free Cash Flow Generation Index
Algonquin Power & Utilities Corp (AQN) has a Free Cash Flow Generation Index of -0.13x as of September 2025. Free cash flow of CA$-52.20 Million represents 0% of operating cash flow (CA$417.60 Million). See AQN working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Algonquin Power & Utilities Corp Free Cash Flow Generation Index (1997–2024)
Historical FCF Generation Index trend for Algonquin Power & Utilities Corp across 28 annual periods. Explore AQN cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Algonquin Power & Utilities Corp (1997–2024)
Year-by-year Free Cash Flow Generation Index for Algonquin Power & Utilities Corp. For the full company profile including market capitalisation, see AQN stock market capitalisation.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | -0.81x | CA$-371.94 Million | CA$458.59 Million | CA$830.53 Million | ▼ -27.9% |
| 2023 | -0.63x | CA$-404.59 Million | CA$638.22 Million | CA$1.04 Billion | ▲ +16.5% |
| 2022 | -0.76x | CA$-455.94 Million | CA$600.67 Million | CA$1.06 Billion | ▲ +89.9% |
| 2021 | -7.54x | CA$-1.17 Billion | CA$154.82 Million | CA$1.32 Billion | ▼ -1256.9% |
| 2020 | -0.56x | CA$-295.05 Million | CA$530.84 Million | CA$825.89 Million | ▼ -1235.2% |
| 2019 | 0.05x | CA$29.83 Million | CA$609.17 Million | CA$579.34 Million | ▼ -59.4% |
| 2018 | 0.12x | CA$60.90 Million | CA$504.81 Million | CA$443.91 Million | ▲ +119.6% |
| 2017 | -0.62x | CA$-221.90 Million | CA$359.93 Million | CA$581.83 Million | ▼ -50.6% |
| 2016 | -0.41x | CA$-87.16 Million | CA$212.96 Million | CA$300.12 Million | ▼ -282.4% |
| 2015 | 0.22x | CA$42.63 Million | CA$190.02 Million | CA$147.39 Million | ▲ +118.1% |
| 2014 | -1.24x | CA$-216.57 Million | CA$174.58 Million | CA$391.15 Million | ▼ -110.5% |
| 2013 | -0.59x | CA$-58.26 Million | CA$98.86 Million | CA$157.12 Million | ▼ -201.9% |
| 2012 | -0.20x | CA$-12.39 Million | CA$63.45 Million | CA$75.83 Million | ▼ -252.0% |
| 2011 | 0.13x | CA$8.80 Million | CA$68.55 Million | CA$59.75 Million | ▼ -76.2% |
| 2010 | 0.54x | CA$24.34 Million | CA$45.17 Million | CA$20.83 Million | ▼ -31.0% |
| 2009 | 0.78x | CA$36.91 Million | CA$47.29 Million | CA$10.38 Million | ▲ +90.4% |
| 2008 | 0.41x | CA$29.55 Million | CA$72.06 Million | CA$42.52 Million | ▲ +1836.4% |
| 2007 | 0.02x | CA$869.32K | CA$41.06 Million | CA$40.19 Million | ▼ -96.1% |
| 2006 | 0.55x | CA$32.04 Million | CA$58.62 Million | CA$26.58 Million | ▼ -23.5% |
| 2005 | 0.71x | CA$34.10 Million | CA$47.75 Million | CA$13.65 Million | ▼ -3.4% |
| 2004 | 0.74x | CA$40.80 Million | CA$55.16 Million | CA$14.36 Million | ▲ +27.5% |
| 2003 | 0.58x | CA$26.05 Million | CA$44.89 Million | CA$18.84 Million | ▼ -9.3% |
| 2002 | 0.64x | CA$14.78 Million | CA$23.10 Million | CA$8.32 Million | ▼ -29.0% |
| 2001 | 0.90x | CA$16.75 Million | CA$18.58 Million | CA$1.83 Million | ▼ -5.1% |
| 2000 | 0.95x | CA$14.27 Million | CA$15.03 Million | CA$758.92K | ▼ -5.0% |
| 1999 | 1.00x | CA$9.20 Million | CA$9.20 Million | CA$0.00 | ▲ +0.0% |
| 1998 | 1.00x | CA$4.57 Million | CA$4.57 Million | CA$0.00 | ▲ +0.0% |
| 1997 | 1.00x | CA$631.31K | CA$631.31K | CA$0.00 | — |