AQN vs. NEE
Compare and contrast key facts about Algonquin Power & Utilities Corp (AQN) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQN or NEE.
Correlation
The correlation between AQN and NEE is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AQN vs. NEE - Performance Comparison
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Key characteristics
AQN:
-0.41
NEE:
-0.15
AQN:
-0.35
NEE:
0.04
AQN:
0.95
NEE:
1.00
AQN:
-0.18
NEE:
-0.13
AQN:
-0.61
NEE:
-0.27
AQN:
20.85%
NEE:
12.46%
AQN:
32.13%
NEE:
28.86%
AQN:
-69.70%
NEE:
-47.81%
AQN:
-60.41%
NEE:
-16.50%
Fundamentals
AQN:
$4.31B
NEE:
$153.18B
AQN:
$0.28
NEE:
$2.67
AQN:
20.07
NEE:
27.87
AQN:
0.00
NEE:
2.82
AQN:
1.82
NEE:
6.06
AQN:
0.96
NEE:
3.08
AQN:
$2.45B
NEE:
$25.27B
AQN:
$1.85B
NEE:
$17.71B
AQN:
$1.11B
NEE:
$10.19B
Returns By Period
In the year-to-date period, AQN achieves a 24.71% return, which is significantly higher than NEE's 0.61% return. Over the past 10 years, AQN has underperformed NEE with an annualized return of 1.44%, while NEE has yielded a comparatively higher 13.72% annualized return.
AQN
24.71%
3.01%
19.56%
-12.98%
-22.76%
-11.59%
1.44%
NEE
0.61%
10.61%
-5.55%
-4.41%
2.87%
6.66%
13.72%
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Risk-Adjusted Performance
AQN vs. NEE — Risk-Adjusted Performance Rank
AQN
NEE
AQN vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Algonquin Power & Utilities Corp (AQN) and NextEra Energy, Inc. (NEE). 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. NEE - Dividend Comparison
AQN's dividend yield for the trailing twelve months is around 5.54%, more than NEE's 2.95% 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% |
NEE NextEra Energy, Inc. | 2.95% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
Drawdowns
AQN vs. NEE - Drawdown Comparison
The maximum AQN drawdown since its inception was -69.70%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for AQN and NEE. For additional features, visit the drawdowns tool.
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Volatility
AQN vs. NEE - Volatility Comparison
Algonquin Power & Utilities Corp (AQN) has a higher volatility of 12.81% compared to NextEra Energy, Inc. (NEE) at 8.15%. This indicates that AQN's price experiences larger fluctuations and is considered to be riskier than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
AQN vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Algonquin Power & Utilities Corp and NextEra Energy, Inc.. 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. NEE - 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%.
NEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported a gross profit of 6.25B and revenue of 6.25B. Therefore, the gross margin over that period was 100.0%.
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%.
NEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported an operating income of 2.26B and revenue of 6.25B, resulting in an operating margin of 36.1%.
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%.
NEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported a net income of 833.00M and revenue of 6.25B, resulting in a net margin of 13.3%.