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Canadian Utilities Limited

Company price
51.86 CAD -0.34 ( 0.65%)
Last update at 2026-11-04T14:30:00Z
VOLUME
2615
Market Cap
13040.99M
P/E
319.47

Momentum Score

…

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, and liquids businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Financing & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and in the Lloydminster area of Saskatchewan; and international electricity services, as well as offers integrated natural gas transmission and distribution services throughout Alberta and in the Lloydminster area of Saskatchewan. The ATCO EnPower segment provides electricity generation, natural gas storage, industrial water solutions, and related infrastructure development throughout Alberta, the Northwest Territories, Ontario, Mexico, and Chile. The ATCO Australia segment offers regulated natural gas distribution services in Western Australia and electricity generation services. It also provides home maintenance solutions. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited is a subsidiary of ATCO Ltd.

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Day Price Range
51.77
Low
52.15
High
52 Week Price Range
35.03
Low
51.05
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Canadian Utilities Limited is a diversified utility and energy infrastructure company that owns and operates regulated electricity and gas networks, power generation and infrastructure services in Canada and internationally. Long-term growth may be supported by regulated rate-base expansion, ongoing infrastructure investment tied to the energy transition and stable contracted businesses, which could make the company attractive to investors seeking predictable cash flows and dividend potential.
Key investment risks include regulatory and rate-setting uncertainty, sensitivity to interest rates and capital-intensive spending needs, and execution or commodity exposure from large infrastructure projects.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
52.20
Dividend Yield
3.80%
Revenue TTM
3690.00M
Revenue Per Share
13.58
Gross Profit TTM
2599.00M
Debt / Equity
1.95
ROE
1.90%
Net Debt
11748.00M
ROCE
2.44%
Diluted EPS TTM
0.15

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 202.00M 624.00M 915.00M 838.00M 538.00M
Minority interest -11.00M -11.00M -10.00M -7.00M -7.00M
Net income 119.00M 480.00M 707.00M 632.00M 393.00M
Selling general administrative 392.00M 449.00M 393.00M 374.00M 362.00M
Selling and marketing expenses - - 192.00M - -
Gross profit 914.00M 1441.00M 1453.00M 2734.00M 2371.00M
Reconciled depreciation 1293.00M 711.00M 725.00M 642.00M 651.00M
Ebit 572.00M 1050.00M 1303.00M 1209.00M 940.00M
Ebitda 1865.00M 1761.00M 2028.00M 1882.00M 1588.00M
Depreciation and amortization 1293.00M 711.00M 725.00M 673.00M 648.00M
Operating income 572.00M 1065.00M 795.00M 1209.00M 940.00M
Other operating expenses 3118.00M 2677.00M 3001.00M 2916.00M 2643.00M
Interest expense 502.00M 506.00M 453.00M 402.00M 399.00M
Tax provision 72.00M 133.00M 198.00M 199.00M 138.00M
Interest income 53.00M 418.00M 54.00M 358.00M 380.00M
Net interest income -458.00M -432.00M -406.00M -370.00M -392.00M
Income tax expense 72.00M 133.00M 198.00M 199.00M 138.00M
Total revenue 3690.00M 3742.00M 3796.00M 4048.00M 3515.00M
Total operating expenses 342.00M 376.00M 658.00M 1602.00M 1499.00M
Cost of revenue 2776.00M 2301.00M 2343.00M 1314.00M 1144.00M
Total other income expense net -370.00M -441.00M 120.00M -371.00M -402.00M
Net income from continuing ops 130.00M 491.00M 717.00M 639.00M 400.00M
Net income applicable to common shares - 403.00M 630.00M 557.00M 328.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 24536.00M 23787.00M 23158.00M 21974.00M 21075.00M
Intangible assets 1014.00M 995.00M 976.00M 819.00M 726.00M
Other current assets 171.00M 81.00M 211.00M 261.00M 195.00M
Total liab 17938.00M 16666.00M 16002.00M 14908.00M 14253.00M
Total stockholder equity 6383.00M 6909.00M 6944.00M 6879.00M 6635.00M
Other current liab 30.00M 23.00M 66.00M 1204.00M 871.00M
Common stock 1316.00M - 1276.00M 1237.00M 1216.00M
Capital stock 2838.00M 2866.00M 2847.00M 2808.00M 2787.00M
Retained earnings 3545.00M 3999.00M 4084.00M 3936.00M 3862.00M
Other liab - - - 4111.00M 3814.00M
Good will 20.00M 141.00M 141.00M - -
Other assets - - - 267.00M 347.00M
Cash 690.00M 171.00M 207.00M 698.00M 746.00M
Total current liabilities 1069.00M 1182.00M 1422.00M 1317.00M 1418.00M
Net debt 11748.00M 10886.00M 10382.00M 8893.00M 8822.00M
Short term debt 402.00M - 536.00M 113.00M 547.00M
Short long term debt 393.00M 325.00M 528.00M 106.00M 540.00M
Short long term debt total 12438.00M - 10589.00M 9591.00M 9568.00M
Other stockholder equity 15.00M - 14.00M 9.00M 8.00M
Property plant equipment - - - 1754.00M 18059.00M
Total current assets 1665.00M 1301.00M 1437.00M 1867.00M 1731.00M
Long term investments 240.00M 235.00M 232.00M 237.00M 204.00M
Net tangible assets - - - 4489.00M 4338.00M
Short term investments 231.00M 161.00M 200.00M 2.00M 2.00M
Net receivables 529.00M 691.00M 755.00M 884.00M 769.00M
Long term debt 11922.00M 10732.00M 10007.00M 9434.00M 8977.00M
Inventory 44.00M 59.00M 64.00M 24.00M 21.00M
Accounts payable 637.00M 814.00M 820.00M 989.00M 739.00M
Accumulated other comprehensive income -15.00M - -1.00M 126.00M -22.00M
Non currrent assets other 140.00M 44.00M 131.00M 379.00M 322.00M
Non current assets total 22871.00M 22486.00M 21721.00M 20107.00M 19344.00M
Capital lease obligations 66.00M 56.00M 54.00M 51.00M 51.00M
Long term debt total - - - 9478.00M 9021.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -11.00M -1409.00M -2253.00M -1256.00M -27.00M
Change to liabilities - - - 264.00M 153.00M
Total cashflows from investing activities -1642.00M -1409.00M -2253.00M -1256.00M -1262.00M
Net borrowings 1479.00M - - 15.00M 490.00M
Total cash from financing activities 846.00M -790.00M 434.00M -932.00M -478.00M
Change to operating activities - - - - -7.00M
Net income 119.00M 491.00M 707.00M 639.00M 400.00M
Change in cash 519.00M -287.00M -491.00M -52.00M -28.00M
Begin period cash flow 171.00M 207.00M 698.00M 750.00M 778.00M
End period cash flow 690.00M -80.00M 207.00M 698.00M 750.00M
Total cash from operating activities 1542.00M 1917.00M 1327.00M 2140.00M 1718.00M
Issuance of capital stock 219.00M 0.00M 18.00M 16.00M 201.00M
Depreciation 1293.00M 711.00M 725.00M 642.00M 651.00M
Other cashflows from investing activities -32.00M 186.00M -914.00M 113.00M 40.00M
Dividends paid 575.00M 550.00M 535.00M 535.00M 541.00M
Change to inventory -15.00M -15.00M -41.00M -3.00M 7.00M
Change to account receivables 193.00M - 112.00M -155.00M -105.00M
Sale purchase of stock -250.00M 0.00M -10.00M -1.00M -227.00M
Other cashflows from financing activities -38.00M -516.00M -40.00M -413.00M -310.00M
Change to netincome - - - 760.00M 626.00M
Capital expenditures 1439.00M 1595.00M 1339.00M 1369.00M 1221.00M
Change in working capital 22.00M 68.00M -101.00M 106.00M 48.00M
Stock based compensation - - 2.00M 3.00M 4.00M
Other non cash items 55.00M 496.00M -194.00M 551.00M 509.00M
Free cash flow 103.00M 322.00M -12.00M 771.00M 497.00M

Peer Comparison*

Sector: Utilities Industry: Utilities - Diversified

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
CU
Canadian Utilities Limited
-0.34
0.65%
51.86 319.47 19.08 3.53 2.70 7.09 13.07
BIP-UN
Brookfield Infrastructure Partners L.P
0.19
0.36%
52.64 97.90 28.41 1.14 2.21 4.53 11.58
CU-PE
Canadian Util Bb Cum Red Sec Prf
0.02
0.09%
22.95 12.98 - 2.32 - - -
CU-PH
Canadian Utilities Ltd Pref H
-0.40
1.66%
23.75 13.91 - 2.31 - - -
CU-PF
Canadian Utilities Ltd Pref F
0.15
0.72%
21.10 11.77 - 2.29 - - -

Profile*

Canadian Utilities Limited

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, and liquids businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Financing & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and in the Lloydminster area of Saskatchewan; and international electricity services, as well as offers integrated natural gas transmission and distribution services throughout Alberta and in the Lloydminster area of Saskatchewan. The ATCO EnPower segment provides electricity generation, natural gas storage, industrial water solutions, and related infrastructure development throughout Alberta, the Northwest Territories, Ontario, Mexico, and Chile. The ATCO Australia segment offers regulated natural gas distribution services in Western Australia and electricity generation services. It also provides home maintenance solutions. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited is a subsidiary of ATCO Ltd.

West Building, Calgary, AB, Canada, T3E 8B4

403 292 7500

8632

Name Title Year Born
Ms. Nancy C. Southern Exec. Chair & CEO 1957
Mr. Brian P. Shkrobot Exec. VP & CFO 1973
Mr. Robert J. Myles Exec. VP of Corp. Devel. 1965
Ms. Rebecca A. Penrice Exec. VP of Corp. Services 1975
Mr. Marshall F. Wilmot Pres of Retail & Chief Digital Officer 1962
Ms. Sarah J. Shortreed Exec. VP & CTO NA
Mr. Alan M. Skiffington VP & Chief Information Officer NA
Mr. Myles Dougan Director of Investor Relations & External Reporting NA
Mr. Kurt Kadatz Sr. Communications Mang. NA
Mr. Deanna M. Girard VP of HR NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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