AQN vs. CNQ
Compare and contrast key facts about Algonquin Power & Utilities Corp (AQN) and Canadian Natural Resources Limited (CNQ).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQN or CNQ.
Correlation
The correlation between AQN and CNQ is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AQN vs. CNQ - Performance Comparison
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Key characteristics
AQN:
-0.41
CNQ:
-0.51
AQN:
-0.35
CNQ:
-0.54
AQN:
0.95
CNQ:
0.93
AQN:
-0.18
CNQ:
-0.45
AQN:
-0.61
CNQ:
-1.10
AQN:
20.85%
CNQ:
14.75%
AQN:
32.13%
CNQ:
31.91%
AQN:
-69.70%
CNQ:
-81.12%
AQN:
-60.41%
CNQ:
-21.58%
Fundamentals
AQN:
$4.31B
CNQ:
$64.60B
AQN:
$0.28
CNQ:
$2.55
AQN:
20.07
CNQ:
12.03
AQN:
0.00
CNQ:
12.75
AQN:
1.82
CNQ:
1.68
AQN:
0.96
CNQ:
2.21
AQN:
$2.45B
CNQ:
$43.23B
AQN:
$1.85B
CNQ:
$12.09B
AQN:
$1.11B
CNQ:
$18.38B
Returns By Period
In the year-to-date period, AQN achieves a 24.71% return, which is significantly higher than CNQ's 0.89% return. Over the past 10 years, AQN has underperformed CNQ with an annualized return of 1.44%, while CNQ has yielded a comparatively higher 12.10% annualized return.
AQN
24.71%
3.01%
19.56%
-12.98%
-22.76%
-11.59%
1.44%
CNQ
0.89%
7.22%
-6.65%
-16.32%
5.23%
34.41%
12.10%
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Risk-Adjusted Performance
AQN vs. CNQ — Risk-Adjusted Performance Rank
AQN
CNQ
AQN vs. CNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Algonquin Power & Utilities Corp (AQN) and Canadian Natural Resources Limited (CNQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
AQN vs. CNQ - Dividend Comparison
AQN's dividend yield for the trailing twelve months is around 5.54%, more than CNQ's 5.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQN Algonquin Power & Utilities Corp | 5.54% | 7.80% | 6.87% | 10.94% | 4.62% | 3.68% | 3.90% | 4.99% | 4.18% | 4.88% | 4.77% | 4.00% |
CNQ Canadian Natural Resources Limited | 5.10% | 5.02% | 4.17% | 6.31% | 3.70% | 5.15% | 3.42% | 5.92% | 2.34% | 2.19% | 3.22% | 2.59% |
Drawdowns
AQN vs. CNQ - Drawdown Comparison
The maximum AQN drawdown since its inception was -69.70%, smaller than the maximum CNQ drawdown of -81.12%. Use the drawdown chart below to compare losses from any high point for AQN and CNQ. For additional features, visit the drawdowns tool.
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Volatility
AQN vs. CNQ - Volatility Comparison
Algonquin Power & Utilities Corp (AQN) has a higher volatility of 12.81% compared to Canadian Natural Resources Limited (CNQ) at 8.69%. This indicates that AQN's price experiences larger fluctuations and is considered to be riskier than CNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
AQN vs. CNQ - Financials Comparison
This section allows you to compare key financial metrics between Algonquin Power & Utilities Corp and Canadian Natural Resources Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AQN vs. CNQ - Profitability Comparison
AQN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Algonquin Power & Utilities Corp reported a gross profit of 487.40M and revenue of 692.40M. Therefore, the gross margin over that period was 70.4%.
CNQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Canadian Natural Resources Limited reported a gross profit of 3.56B and revenue of 12.71B. Therefore, the gross margin over that period was 28.0%.
AQN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Algonquin Power & Utilities Corp reported an operating income of 178.90M and revenue of 692.40M, resulting in an operating margin of 25.8%.
CNQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Canadian Natural Resources Limited reported an operating income of 3.29B and revenue of 12.71B, resulting in an operating margin of 25.9%.
AQN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Algonquin Power & Utilities Corp reported a net income of 96.80M and revenue of 692.40M, resulting in a net margin of 14.0%.
CNQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Canadian Natural Resources Limited reported a net income of 2.46B and revenue of 12.71B, resulting in a net margin of 19.3%.