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Side-by-side financial comparison of ALGONQUIN POWER & UTILITIES CORP. (AQN) and RBC Bearings INC (RBC). Click either name above to swap in a different company.

ALGONQUIN POWER & UTILITIES CORP. is the larger business by last-quarter revenue ($527.8M vs $461.6M, roughly 1.1× RBC Bearings INC). RBC Bearings INC runs the higher net margin — 14.6% vs 4.6%, a 10.0% gap on every dollar of revenue. On growth, RBC Bearings INC posted the faster year-over-year revenue change (17.0% vs -11.8%). RBC Bearings INC produced more free cash flow last quarter ($99.1M vs $64.1M).

Algonquin Power & Utilities Corp. is a Canadian regulated utility company with assets across North America, Bermuda, and Chile. Algonquin provides water, wastewater, natural gas, and electricity services through its operating subsidiaries: Liberty Utilities, its regulated utility business; Bermuda Electric Light Company, and Suralis in Chile.

Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under the symbol DOV. Dover was ranked 448 in the 2024 Fortu...

AQN vs RBC — Head-to-Head

Bigger by revenue
AQN
AQN
1.1× larger
AQN
$527.8M
$461.6M
RBC
Growing faster (revenue YoY)
RBC
RBC
+28.9% gap
RBC
17.0%
-11.8%
AQN
Higher net margin
RBC
RBC
10.0% more per $
RBC
14.6%
4.6%
AQN
More free cash flow
RBC
RBC
$35.0M more FCF
RBC
$99.1M
$64.1M
AQN

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
AQN
AQN
RBC
RBC
Revenue
$527.8M
$461.6M
Net Profit
$24.1M
$67.4M
Gross Margin
36.8%
44.3%
Operating Margin
12.3%
22.3%
Net Margin
4.6%
14.6%
Revenue YoY
-11.8%
17.0%
Net Profit YoY
-88.0%
16.4%
EPS (diluted)
$0.02
$2.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AQN
AQN
RBC
RBC
Q4 25
$461.6M
Q3 25
$455.3M
Q2 25
$527.8M
$436.0M
Q1 25
$437.7M
Q4 24
$394.4M
Q3 24
$397.9M
Q2 24
$598.6M
$406.3M
Q1 24
$413.7M
Net Profit
AQN
AQN
RBC
RBC
Q4 25
$67.4M
Q3 25
$60.0M
Q2 25
$24.1M
$68.5M
Q1 25
$72.7M
Q4 24
$57.9M
Q3 24
$54.2M
Q2 24
$200.8M
$61.4M
Q1 24
Gross Margin
AQN
AQN
RBC
RBC
Q4 25
44.3%
Q3 25
44.1%
Q2 25
36.8%
44.8%
Q1 25
44.2%
Q4 24
44.3%
Q3 24
43.7%
Q2 24
29.6%
45.3%
Q1 24
43.1%
Operating Margin
AQN
AQN
RBC
RBC
Q4 25
22.3%
Q3 25
21.5%
Q2 25
12.3%
23.2%
Q1 25
23.0%
Q4 24
21.7%
Q3 24
21.6%
Q2 24
13.7%
24.0%
Q1 24
22.8%
Net Margin
AQN
AQN
RBC
RBC
Q4 25
14.6%
Q3 25
13.2%
Q2 25
4.6%
15.7%
Q1 25
16.6%
Q4 24
14.7%
Q3 24
13.6%
Q2 24
33.5%
15.1%
Q1 24
EPS (diluted)
AQN
AQN
RBC
RBC
Q4 25
$2.13
Q3 25
$1.90
Q2 25
$0.02
$2.17
Q1 25
$2.33
Q4 24
$1.82
Q3 24
$1.65
Q2 24
$0.03
$1.90
Q1 24
$1.92

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AQN
AQN
RBC
RBC
Cash + ST InvestmentsLiquidity on hand
$55.1M
$107.6M
Total DebtLower is stronger
$6.3B
$990.2M
Stockholders' EquityBook value
$4.7B
$3.3B
Total Assets
$3.6B
$5.1B
Debt / EquityLower = less leverage
1.35×
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AQN
AQN
RBC
RBC
Q4 25
$107.6M
Q3 25
$91.2M
Q2 25
$55.1M
$132.9M
Q1 25
$36.8M
Q4 24
Q3 24
Q2 24
$237.9M
$76.8M
Q1 24
$63.5M
Total Debt
AQN
AQN
RBC
RBC
Q4 25
$990.2M
Q3 25
$1.1B
Q2 25
$6.3B
$915.6M
Q1 25
$920.1M
Q4 24
Q3 24
Q2 24
$8.3B
Q1 24
$1.2B
Stockholders' Equity
AQN
AQN
RBC
RBC
Q4 25
$3.3B
Q3 25
$3.2B
Q2 25
$4.7B
$3.1B
Q1 25
$3.0B
Q4 24
$2.9B
Q3 24
$2.9B
Q2 24
$6.2B
$2.8B
Q1 24
$2.8B
Total Assets
AQN
AQN
RBC
RBC
Q4 25
$5.1B
Q3 25
$5.1B
Q2 25
$3.6B
$4.8B
Q1 25
$4.7B
Q4 24
$4.7B
Q3 24
$4.7B
Q2 24
$3.1B
$4.7B
Q1 24
$4.7B
Debt / Equity
AQN
AQN
RBC
RBC
Q4 25
0.30×
Q3 25
0.34×
Q2 25
1.35×
0.29×
Q1 25
0.30×
Q4 24
Q3 24
Q2 24
1.34×
Q1 24
0.43×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AQN
AQN
RBC
RBC
Operating Cash FlowLast quarter
$249.9M
$122.1M
Free Cash FlowOCF − Capex
$64.1M
$99.1M
FCF MarginFCF / Revenue
12.1%
21.5%
Capex IntensityCapex / Revenue
35.2%
5.0%
Cash ConversionOCF / Net Profit
10.37×
1.81×
TTM Free Cash FlowTrailing 4 quarters
$-41.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AQN
AQN
RBC
RBC
Q4 25
$122.1M
Q3 25
$88.4M
Q2 25
$249.9M
$120.0M
Q1 25
Q4 24
$84.0M
Q3 24
Q2 24
$236.2M
$97.4M
Q1 24
Free Cash Flow
AQN
AQN
RBC
RBC
Q4 25
$99.1M
Q3 25
$71.7M
Q2 25
$64.1M
$104.3M
Q1 25
Q4 24
$73.6M
Q3 24
Q2 24
$31.9M
$88.4M
Q1 24
FCF Margin
AQN
AQN
RBC
RBC
Q4 25
21.5%
Q3 25
15.7%
Q2 25
12.1%
23.9%
Q1 25
Q4 24
18.7%
Q3 24
Q2 24
5.3%
21.8%
Q1 24
Capex Intensity
AQN
AQN
RBC
RBC
Q4 25
5.0%
Q3 25
3.7%
Q2 25
35.2%
3.6%
Q1 25
3.2%
Q4 24
2.6%
Q3 24
4.1%
Q2 24
34.1%
2.2%
Q1 24
Cash Conversion
AQN
AQN
RBC
RBC
Q4 25
1.81×
Q3 25
1.47×
Q2 25
10.37×
1.75×
Q1 25
Q4 24
1.45×
Q3 24
Q2 24
1.18×
1.59×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AQN
AQN

Segment breakdown not available.

RBC
RBC

Domestic$413.3M90%
Foreign$48.3M10%

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