NI vs AQNB

Comparison between NiSource Inc (NI, Company) and Algonquin Power & Utilities Corp (AQNB, Company).

5-Year PerformanceNI has outperformed AQNB, delivering a return of +13.2% compared to +5.7%

NI vs AQNB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NI(COMPANY)	AQNB(COMPANY)
Market Cap	$20B	$20B
Max Drawdown	75.57%	43.48%
Sharpe Ratio	-0.22	1.18
5Y Beta	0.30	0.07
Industry	Utilities - Regulated Gas	N/A
P/E Ratio	22.22	110.49
Forward P/E	20.41	N/A
PEG Ratio	13.65	N/A
Dividend Yield	1.39%	5.50%
5Y Dividends CAGR	10.91%	5.98%
5Y EPS CAGR	23.00%	-9.80%
Debt to Equity	7.23%	140.76%
Free Cash Flow Yield	-5.39%	2.97%
P/S Ratio	2.96	N/A
P/B Ratio	2.09	N/A

Market Cap

Winner

$20B

AQNB

$20B

Max Drawdown

75.57%

Winner

AQNB

43.48%

Sharpe Ratio

-0.22

Winner

AQNB

1.18

5Y Beta

0.30

Winner

AQNB

0.07

Industry

Utilities - Regulated Gas

AQNB

N/A

P/E Ratio

Winner

22.22

AQNB

110.49

Forward P/E

20.41

AQNB

N/A

PEG Ratio

13.65

AQNB

N/A

Dividend Yield

1.39%

Winner

AQNB

5.50%

5Y Dividends CAGR

Winner

10.91%

AQNB

5.98%

5Y EPS CAGR

Winner

23.00%

AQNB

-9.80%

Debt to Equity

Winner

7.23%

AQNB

140.76%

Free Cash Flow Yield

-5.39%

Winner

AQNB

2.97%

P/S Ratio

2.96

AQNB

N/A

P/B Ratio

2.09

AQNB

N/A

NI vs AQNB - Historical Returns

Returns include dividend reinvestment.

Period	NI	AQNB
1 month	-9.86%	+2.20%
3 months	-14.29%	+1.83%
6 months	-11.26%	+4.41%
1 year	-1.38%	+9.67%
5 years(CAGR)	+13.17%	+5.73%
10 years(CAGR)	+8.44%	N/A
Max(CAGR)	+10.62%	+7.11%

-9.86%

Winner

AQNB

+2.20%

-14.29%

Winner

AQNB

+1.83%

-11.26%

Winner

AQNB

+4.41%

-1.38%

Winner

AQNB

+9.67%

5Y(CAGR)

Winner

+13.17%

AQNB

+5.73%

10Y(CAGR)

+8.44%

AQNB

N/A

Max(CAGR)

Winner

+10.62%

AQNB

+7.11%

NI vs AQNB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NI	AQNB
2026	-1.73%	+5.88%
2025	+18.08%	+9.53%
2024	+41.04%	+12.34%
2023	+0.38%	+19.23%
2022	+2.96%	-16.25%
2021	+26.74%	+3.22%
2020	-12.79%	+5.60%
2019	+14.29%	+14.34%
2018	+3.17%	N/A
2017	+19.01%	N/A
2016	+16.64%	N/A
2015	+24.11%	N/A
2014	+34.99%	N/A
2013	+34.52%	N/A
2012	+9.70%	N/A
2011	+39.75%	N/A
2010	+20.25%	N/A
2009	+49.16%	N/A
2008	-38.53%	N/A
2007	-18.81%	N/A
2006	+17.85%	N/A
2005	-2.99%	N/A
2004	+9.85%	N/A
2003	+12.97%	N/A
2002	-9.69%	N/A
2001	-20.03%	N/A
2000	+84.02%	N/A
1999	-14.08%	N/A

NI vs AQNB Drawdown Comparison

The maximum drawdown for NI was -65.72%, occurring on Mar 5, 2009. Recovery took 1002 trading sessions.

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

The current NI drawdown is -16.68%. The current AQNB drawdown is -0.34%.

Rank	NI	AQNB
#1	-65.72% May 18, 2007 - May 10, 2011	-42.58% Feb 7, 2020 - Sep 28, 2020
#2	-50.72% Apr 10, 2001 - Nov 29, 2006	-18.66% Jul 8, 2021 - Nov 29, 2023
#3	-38.71% Jan 24, 2000 - Aug 9, 2000	-5.05% Sep 29, 2020 - Nov 10, 2020
#4	-30.95% Feb 14, 2020 - Jan 28, 2022	-4.86% Feb 9, 2021 - May 3, 2021
#5	-24.82% Apr 6, 2022 - Jul 12, 2024	-4.18% Oct 25, 2019 - Dec 23, 2019
#6	-21.37% Nov 4, 1999 - Jan 24, 2000	-3.82% Mar 21, 2025 - Jun 16, 2025
#7	-18.91% Jul 5, 2016 - May 31, 2017	-3.63% Sep 27, 2024 - Feb 26, 2025
#8	-17.68% Nov 14, 2017 - Aug 14, 2018	-3.62% Sep 4, 2019 - Oct 1, 2019
#9	-16.80% Dec 26, 2000 - Apr 2, 2001	-3.15% Nov 17, 2020 - Feb 4, 2021
#10	-16.68% Jun 26, 2026 - Aug 21, 2026	-2.90% Dec 27, 2023 - Jan 24, 2024
#11	-14.17% Sep 26, 2019 - Feb 13, 2020	-2.78% May 3, 2021 - May 20, 2021
#12	-13.43% Sep 13, 2018 - Mar 11, 2019	-2.72% Jul 3, 2025 - Sep 19, 2025
#13	-13.09% Jul 21, 2011 - Aug 29, 2011	-2.33% Jul 12, 2024 - Sep 5, 2024
#14	-12.12% Jun 18, 2015 - Sep 30, 2015	-1.80% Jun 14, 2021 - Jul 8, 2021
#15	-12.09% Sep 13, 2000 - Dec 1, 2000	-1.77% May 8, 2026 - Aug 18, 2026

Correlation

Correlation between NI and AQNB is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2000 - 2026)

NI vs AQNB dividend yield comparison.

Year	NI	AQNB
2026	2.22%	3.83%
2025	2.68%	8.46%
2024	2.88%	7.75%
2023	3.77%	6.43%
2022	3.43%	7.27%
2021	3.19%	5.70%
2020	3.66%	5.51%
2019	2.87%	3.33%
2018	3.08%	0.00%
2017	2.73%	0.00%
2016	2.89%	0.00%
2015	145.67%	0.00%
2014	2.40%	0.00%
2013	2.98%	0.00%
2012	2.81%	0.00%
2011	3.86%	0.00%
2010	5.22%	0.00%
2009	5.98%	0.00%
2008	8.39%	0.00%
2007	4.87%	0.00%
2006	3.82%	0.00%
2005	4.41%	0.00%
2004	4.04%	0.00%
2003	5.01%	0.00%
2002	5.80%	0.00%
2001	5.03%	0.00%
2000	3.51%	0.00%