AQNB vs PAA

Comparison between Algonquin Power & Utilities Corp (AQNB, Company) and Plains All American Pipeline LP (PAA, Company).

5-Year PerformancePAA has outperformed AQNB, delivering a return of +29.5% compared to +5.4%

AQNB vs PAA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AQNB(COMPANY)	PAA(COMPANY)
Market Cap	$20B	$20B
Max Drawdown	43.48%	94.59%
Sharpe Ratio	0.72	1.74
5Y Beta	0.08	0.45
Industry	N/A	Oil & Gas Midstream
P/E Ratio	110.49	18.51
Forward P/E	N/A	11.92
PEG Ratio	N/A	2.35
Dividend Yield	5.50%	6.49%
5Y Dividends CAGR	5.98%	22.82%
5Y EPS CAGR	-9.80%	9.16%
Debt to Equity	140.76%	N/A
Free Cash Flow Yield	2.97%	10.77%
P/S Ratio	N/A	0.39
P/B Ratio	N/A	1.80

Market Cap

Winner

AQNB

$20B

PAA

$20B

Max Drawdown

Winner

AQNB

43.48%

PAA

94.59%

Sharpe Ratio

AQNB

0.72

Winner

PAA

1.74

5Y Beta

Winner

AQNB

0.08

PAA

0.45

Industry

AQNB

N/A

PAA

Oil & Gas Midstream

P/E Ratio

AQNB

110.49

Winner

PAA

18.51

Forward P/E

AQNB

N/A

PAA

11.92

PEG Ratio

AQNB

N/A

PAA

2.35

Dividend Yield

AQNB

5.50%

Winner

PAA

6.49%

5Y Dividends CAGR

AQNB

5.98%

Winner

PAA

22.82%

5Y EPS CAGR

AQNB

-9.80%

Winner

PAA

9.16%

Debt to Equity

AQNB

140.76%

PAA

N/A

Free Cash Flow Yield

AQNB

2.97%

Winner

PAA

10.77%

P/S Ratio

AQNB

N/A

PAA

0.39

P/B Ratio

AQNB

N/A

PAA

1.80

AQNB vs PAA - Historical Returns

Returns include dividend reinvestment.

Period	AQNB	PAA
1 month	+0.71%	+6.40%
3 months	+0.15%	+5.74%
6 months	+2.76%	+23.22%
1 year	+7.27%	+42.23%
5 years(CAGR)	+5.36%	+29.51%
10 years(CAGR)	N/A	+5.88%
Max(CAGR)	+6.90%	+11.10%

AQNB

+0.71%

Winner

PAA

+6.40%

AQNB

+0.15%

Winner

PAA

+5.74%

AQNB

+2.76%

Winner

PAA

+23.22%

AQNB

+7.27%

Winner

PAA

+42.23%

5Y(CAGR)

AQNB

+5.36%

Winner

PAA

+29.51%

10Y(CAGR)

AQNB

N/A

PAA

+5.88%

Max(CAGR)

AQNB

+6.90%

Winner

PAA

+11.10%

AQNB vs PAA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	AQNB	PAA
2026	+4.05%	+36.89%
2025	+9.53%	+12.89%
2024	+12.34%	+20.30%
2023	+19.23%	+41.76%
2022	-16.25%	+29.16%
2021	+3.22%	+22.77%
2020	+5.60%	-51.59%
2019	+14.34%	-4.79%
2018	N/A	-0.78%
2017	N/A	-32.18%
2016	N/A	+47.77%
2015	N/A	-52.83%
2014	N/A	+4.33%
2013	N/A	+15.07%
2012	N/A	+29.64%
2011	N/A	+23.81%
2010	N/A	+23.90%
2009	N/A	+54.76%
2008	N/A	-27.32%
2007	N/A	+8.11%
2006	N/A	+35.05%
2005	N/A	+13.80%
2004	N/A	+23.97%
2003	N/A	+42.14%
2002	N/A	+2.87%
2001	N/A	+44.42%
2000	N/A	+60.45%
1999	N/A	-32.26%

AQNB vs PAA Drawdown Comparison

The maximum drawdown for AQNB was -42.58%, occurring on Mar 18, 2020. Recovery took 161 trading sessions.

The maximum drawdown for PAA was -91.97%, occurring on Mar 18, 2020. Recovery took 2989 trading sessions.

The current AQNB drawdown is -0.77%. The current PAA drawdown is -4.15%.

Rank	AQNB	PAA
#1	-42.58% Feb 7, 2020 - Sep 28, 2020	-91.97% Sep 8, 2014 - Jul 29, 2026
#2	-18.66% Jul 8, 2021 - Nov 29, 2023	-55.58% Jul 12, 2007 - Jan 4, 2010
#3	-5.05% Sep 29, 2020 - Nov 10, 2020	-48.59% Nov 9, 1999 - Jul 21, 2000
#4	-4.86% Feb 9, 2021 - May 3, 2021	-23.25% Sep 4, 2001 - Apr 16, 2003
#5	-4.18% Oct 25, 2019 - Dec 23, 2019	-17.76% Sep 2, 2005 - Mar 24, 2006
#6	-3.82% Mar 21, 2025 - Jun 16, 2025	-16.96% May 13, 2013 - May 2, 2014
#7	-3.63% Sep 27, 2024 - Feb 26, 2025	-16.91% May 17, 2001 - Aug 17, 2001
#8	-3.62% Sep 4, 2019 - Oct 1, 2019	-14.69% Apr 2, 2004 - Sep 23, 2004
#9	-3.15% Nov 17, 2020 - Feb 4, 2021	-11.75% Jun 1, 2006 - Nov 8, 2006
#10	-2.90% Dec 27, 2023 - Jan 24, 2024	-11.01% Apr 23, 2010 - Jun 3, 2010
#11	-2.78% May 3, 2021 - May 20, 2021	-10.71% Jul 8, 2011 - Oct 21, 2011
#12	-2.72% Jul 3, 2025 - Sep 19, 2025	-9.05% Nov 22, 2000 - Jan 10, 2001
#13	-2.33% Jul 12, 2024 - Sep 5, 2024	-8.63% Mar 21, 2005 - Apr 21, 2005
#14	-1.80% Jun 14, 2021 - Jul 8, 2021	-8.35% Mar 4, 2011 - Jul 7, 2011
#15	-1.77% May 8, 2026 - Jun 23, 2026	-8.27% Aug 4, 2005 - Sep 2, 2005

Correlation

Correlation between AQNB and PAA is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2000 - 2026)

AQNB vs PAA dividend yield comparison.

Year	AQNB	PAA
2026	3.90%	5.32%
2025	8.46%	8.46%
2024	7.75%	7.44%
2023	6.43%	7.06%
2022	7.27%	7.08%
2021	5.70%	7.71%
2020	5.51%	10.92%
2019	3.33%	7.50%
2018	0.00%	5.99%
2017	0.00%	9.45%
2016	0.00%	8.21%
2015	0.00%	11.93%
2014	0.00%	4.97%
2013	0.00%	4.49%
2012	0.00%	4.66%
2011	0.00%	5.32%
2010	0.00%	5.98%
2009	0.00%	6.85%
2008	0.00%	10.08%
2007	0.00%	6.31%
2006	0.00%	5.61%
2005	0.00%	6.51%
2004	0.00%	6.10%
2003	0.00%	6.74%
2002	0.00%	8.66%
2001	0.00%	7.50%
2000	0.00%	9.54%