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Side-by-side financial comparison of ALGONQUIN POWER & UTILITIES CORP. (AQNB) and Fortis Inc. (FTS), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

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.

Fortis Inc. is a Canadian electric utility holding company, based in St. John's, Newfoundland and Labrador. It operates in Canada, the United States, Central America and the Caribbean. In 2015, revenue was CA$6.7 billion.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
AQNB
AQNB
FTS
FTS
Q2 25
$527.8M
Q2 24
$515.3M
Q2 23
$627.9M
Q2 22
$619.4M
Net Profit
AQNB
AQNB
FTS
FTS
Q2 25
$24.1M
Q2 24
$200.7M
Q2 23
$-253.2M
Q2 22
$-33.4M
Gross Margin
AQNB
AQNB
FTS
FTS
Q2 25
36.8%
Q2 24
34.4%
Q2 23
24.3%
Q2 22
22.6%
Operating Margin
AQNB
AQNB
FTS
FTS
Q2 25
12.3%
Q2 24
16.6%
Q2 23
14.9%
Q2 22
17.3%
Net Margin
AQNB
AQNB
FTS
FTS
Q2 25
4.6%
Q2 24
38.9%
Q2 23
-40.3%
Q2 22
-5.4%
EPS (diluted)
AQNB
AQNB
FTS
FTS
Q2 25
$0.02
Q2 24
$0.03
Q2 23
$-0.16
Q2 22
$0.02

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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