Algonquin Power & Utilities (AQN) vs ReNew Energy Global (RNW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Algonquin Power & Utilities (AQN) has outperformed ReNew Energy Global (RNW) over the past year, losing 13.8% versus a loss of 14.9%. Over five years, RNW leads with a -18.7% price change compared with -66.2% for AQN. Algonquin Power & Utilities is the larger company by market cap ($3.91 billion vs $2.52 billion), about 1.6 times the size, while ReNew Energy Global is growing revenue faster (+16.4% vs +4.9%).
On valuation, ReNew Energy Global trades at a lower forward P/E (10.0x vs 12.4x for Algonquin Power & Utilities). Algonquin Power & Utilities pays a dividend yielding 5.12%, while ReNew Energy Global does not currently pay one. Algonquin Power & Utilities converts more of its revenue into profit, with a net margin of 7.4% versus 4.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AQN | RNW |
|---|---|---|
| Share price | $5.08 | $6.90 |
| Market cap | $3.91B | $2.52B |
| 1-day change | +0.40% | +0.15% |
| YTD return | -17.40% | +22.12% |
| 1-year return | -13.75% | -14.92% |
| 5-year return | -66.25% | -18.73% |
| P/E ratio (TTM) | 21.17 | 20.91 |
| Forward P/E | 12.44 | 9.97 |
| EPS (TTM) | $0.24 | $0.33 |
| Dividend yield | 5.12% | 0.00% |
| Annual dividend | $0.26 | $0.00 |
| Revenue (latest FY) | $2.43B | $1.14B |
| Revenue growth (YoY) | +4.92% | +16.39% |
| Net income (latest FY) | $180.80M | $45.00M |
| Operating margin | 20.74% | 10.39% |
| Net margin | 7.43% | 3.96% |
| 52-week high | $7.11 | $8.15 |
| 52-week low | $4.91 | $4.39 |
| Distance from 52-week high | -28.55% | -15.34% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +29.53% | +10.00% |
| Average volume | 4.09M | 2.14M |
| Shares outstanding | 769.90M | 246.20M |
| Employees | 3,233 | 4,720 |
| Sector | Utilities | Utilities |
| Industry | Electric Utilities: Central | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Algonquin Power & Utilities offers a meaningfully higher dividend yield (5.12% vs 0.00%).
- ReNew Energy Global grew revenue faster in its latest fiscal year (+16.39% vs +4.92%).
About Algonquin Power & Utilities
AQN stock →Algonquin Power & Utilities Corp. operates in the power and utility industries.
Utilities · Electric Utilities: Central · 3,233 employees
About ReNew Energy Global
RNW stock →ReNew Energy Global Plc, together with its subsidiaries, engages in the generation of power through non-conventional and renewable energy sources in India. It operates through two segments, Generation and Sale of Renewable Power, and Manufacturing of Power Equipment's.
Utilities · Electric Utilities: Central · 4,720 employees
AQN vs RNW FAQ
Which is bigger, Algonquin Power & Utilities or ReNew Energy Global?
Algonquin Power & Utilities (AQN) is larger, with a market capitalization of $3.91B compared with $2.52B for ReNew Energy Global (RNW).
Which stock has performed better over the past year, AQN or RNW?
AQN returned -13.75% over the past 12 months, compared with -14.92% for RNW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AQN or RNW?
RNW has the lower trailing P/E at 20.9, versus 21.2 for AQN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Algonquin Power & Utilities or ReNew Energy Global?
Algonquin Power & Utilities pays a dividend yielding 5.12%, while ReNew Energy Global does not currently pay a regular dividend.
Are Algonquin Power & Utilities and ReNew Energy Global in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.