PAA vs AQNB

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

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

PAA vs AQNB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

PAA

$20B

Winner

AQNB

$20B

Max Drawdown

PAA

94.59%

Winner

AQNB

43.48%

Sharpe Ratio

Winner

PAA

1.74

AQNB

0.72

5Y Beta

PAA

0.45

Winner

AQNB

0.08

Industry

PAA

Oil & Gas Midstream

AQNB

N/A

P/E Ratio

Winner

PAA

18.51

AQNB

110.49

Forward P/E

PAA

11.92

AQNB

N/A

PEG Ratio

PAA

2.35

AQNB

N/A

Dividend Yield

Winner

PAA

6.49%

AQNB

5.50%

5Y Dividends CAGR

Winner

PAA

22.82%

AQNB

5.98%

5Y EPS CAGR

Winner

PAA

9.16%

AQNB

-9.80%

Debt to Equity

PAA

N/A

AQNB

140.76%

Free Cash Flow Yield

Winner

PAA

10.77%

AQNB

2.97%

P/S Ratio

PAA

0.39

AQNB

N/A

P/B Ratio

PAA

1.80

AQNB

N/A

PAA vs AQNB - Historical Returns

Returns include dividend reinvestment.

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

Winner

PAA

+6.40%

AQNB

+0.71%

Winner

PAA

+5.74%

AQNB

+0.15%

Winner

PAA

+23.22%

AQNB

+2.76%

Winner

PAA

+42.23%

AQNB

+7.27%

5Y(CAGR)

Winner

PAA

+29.51%

AQNB

+5.36%

10Y(CAGR)

PAA

+5.88%

AQNB

N/A

Max(CAGR)

Winner

PAA

+11.10%

AQNB

+6.90%

PAA vs AQNB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

PAA vs AQNB Drawdown Comparison

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

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

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

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

Correlation

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

0.82

-101

Dividend Comparison (2000 - 2026)

PAA vs AQNB dividend yield comparison.

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