Friday 6 November 2026
Export BEP’s income statement to Excel — free account
Brookfield Renewable Partners L.P.
BEP Utilities Utilities Renewable
Brookfield Renewable Partners L.P.’s revenue for fiscal 2025 (year ended December 2025) was $8.0 billion, up 23.0% from fiscal 2024.
- Revenue
- +11.5%
- EPS
- −68.2%
- Free cash flow
- +250.1%
- Total debt
- −2.17%
Quarter to June 2026, against a year earlier
30.66
0.25
−0.81%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 2,516 | 2,672 | 3,032 | 4,076 | 3,938 | 4,400 | 4,847 | 5,709 | 6,503 | 7,996 | 8,100 | +13.7% | 1,662 | 1,849 | 2,128 | (35.7%) | |
| Gross margin, % | 58.74 | 63.40 | 65.83 | 69.01 | 67.65 | 68.98 | 70.41 | 66.14 | 60.33 | 63.69 | 61.84 | +4.9 pt | ||||||
| EBT | (13) | 139 | 344 | 123 | (192) | (52) | 136 | 568 | (200) | 98 | (233) | n/m | ||||||
| EBT margin, % | (0.52) | 5.20 | 11.35 | 3.02 | (4.88) | (1.18) | 2.81 | 9.95 | (3.08) | 1.23 | (2.88) | +1.8 pt | ||||||
| Net income | 40 | 51 | 403 | 80 | (45) | (66) | 138 | 616 | (9) | 712 | 138 | +37.7% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 10.72 | 10.02 | 10.95 | 15.19 | 14.53 | 16.01 | 17.61 | 20.22 | 22.70 | 28.15 | 26.76 | +11.3% | |||||
| Earnings | (0.15) | (0.12) | 0.09 | (0.26) | (0.61) | (0.69) | (0.60) | (0.32) | (0.89) | (0.25) | (0.46) | +5.6% | ||||||
| Cash flow | 2.69 | 3.48 | 3.98 | 5.79 | 4.78 | 2.67 | 6.22 | 6.60 | 4.45 | 4.04 | 3.50 | +4.6% | ||||||
| Capex | (0.50) | (0.77) | (0.77) | (0.63) | (0.66) | (4.15) | (7.45) | (9.18) | (9.22) | (13.27) | (9.47) | +43.9% | ||||||
| Free cash flow | 2.19 | 2.71 | 3.22 | 5.16 | 4.12 | (1.48) | (1.23) | (2.57) | (4.77) | (9.24) | (5.98) | n/m | ||||||
| Book value | 53.97 | 53.56 | 62.13 | 76.33 | 80.29 | 87.29 | 95.52 | 106.16 | 127.24 | 123.15 | 118.43 | +9.6% | ||||||
| Shares, m | 235 | 267 | 277 | 268 | 271 | 275 | 275 | 282 | 287 | 284 | 295 | +2.1% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 162.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 16.2 | |||||
| P/S | 1.47 | 1.89 | 1.28 | 1.66 | 2.97 | 2.24 | 1.47 | 1.29 | 1.00 | 0.96 | 1.15 | 1.6 | ||||||
| P/B | 0.30 | 0.37 | 0.24 | 0.34 | 0.56 | 0.43 | 0.28 | 0.25 | 0.18 | 0.22 | 0.26 | 0.3 | ||||||
| EV/Sales | 5.35 | 5.90 | 4.69 | 5.75 | 7.38 | 6.88 | 6.34 | 6.20 | 5.71 | 4.99 | 5.36 | 5.9 | ||||||
| EV/FCF | 26.20 | 21.79 | 26.61 | 16.93 | 26.01 | (74.52) | (90.63) | (48.69) | (27.16) | (15.20) | (24.01) | (13.9) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 632 | 928 | 1,103 | 1,554 | 1,296 | 734 | 1,711 | 1,865 | 1,274 | 1,147 | 1,058 | +6.8% | |||||
| Capex | (118) | (205) | (212) | (169) | (178) | (1,140) | (2,050) | (2,592) | (2,641) | (3,770) | (2,867) | +46.9% | ||||||
| Free cash flow | 514 | 723 | 891 | 1,385 | 1,118 | (406) | (339) | (727) | (1,367) | (2,623) | (1,809) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (826) | (848) | 272 | (403) | (1,019) | (333) | (760) | (3,428) | (5,730) | (9,400) | (2,650) | +31.0% | |||||
| Net debt | 9,783 | 10,714 | 10,349 | 16,671 | 17,381 | 20,416 | 23,588 | 28,052 | 30,601 | 32,222 | 34,161 | +14.2% | ||||||
| Shareholders’ equity | 12,672 | 14,282 | 17,206 | 20,480 | 21,767 | 23,996 | 26,286 | 29,979 | 36,456 | 34,974 | 35,848 | +11.9% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (0.15) | (0.11) | 0.07 | (0.22) | (0.38) | (0.36) | (0.28) | (0.13) | (0.30) | (0.07) | (0.14) | +0.1 pt | |||||
| ROIC | 1.66 | 2.08 | 2.49 | 2.37 | 1.70 | 1.75 | 1.99 | 1.85 | 1.59 | 2.27 | 2.14 | +0.6 pt | ||||||
| ROE | (0.34) | (0.25) | 0.16 | (0.48) | (0.91) | (0.87) | (0.68) | (0.33) | (0.78) | (0.20) | (0.42) | +0.1 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 2,175 | 2,270 | 2,325 | 2,600 | 2,630 | 2,875 | 3,400 | 4,770 | 5,270 | 5,870 | — | +11.7% | |||||
| Revenue/emp, $m | 1.16 | 1.18 | 1.30 | 1.57 | 1.50 | 1.53 | 1.43 | 1.20 | 1.23 | 1.36 | — | +1.8% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Brookfield Renewable Partners L.P. vs peers in Utilities Renewable (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| AXIAY AXIA Energia | $23.4B | 5.5× | 12.2× | +23.00% (above 0%: growing) | n/m | +98.52% (above 0%: growing) | 88.38% | 38.51% | Compare |
| BEP Brookfield Renewable Partners L.P. | $9.2B | — (loss-making) | — (loss-making) | +11.52% (above 0%: growing) | n/m | +250.13% (above 0%: growing) | 59.97% | 27.51% | |
| ENLT Enlight Renewable Energy Ltd. | $9.1B | 87.5× | — | +40.18% (above 0%: growing) | +33.22% (above 0%: growing) | −54.32% (below 0%: shrinking) | 52.30% | 39.40% | Compare |
| CWEN Clearway Energy, Inc. | $7.0B | 855× | — (loss-making) | +22.70% (above 0%: growing) | n/m | +13.04% (above 0%: growing) | 69.02% | 24.12% | Compare |
| ENIC Enel Chile S.A. | $5.9B | 10.0× | — | +1.00% (above 0%: growing) | +14.37% (above 0%: growing) | +190.61% (above 0%: growing) | 36.72% | 18.40% | Compare |
| BEPC Brookfield Renewable Corporation | $5.8B | — (loss-making) | — (loss-making) | +19.78% (above 0%: growing) | n/m | +116.56% (above 0%: growing) | 61.84% | 32.69% | Compare |
| ORA Ormat Technologies, Inc. | $5.7B | 42.4× | 42.6× | +10.17% (above 0%: growing) | +30.00% (above 0%: growing) | +197.66% (above 0%: growing) | 28.12% | 16.45% | Compare |
| MWH SOLV Energy Inc. | $4.8B | — | — | — | — | — | 14.68% | 7.33% | Compare |
| FRVO Fervo Energy Company | $2.3B | — (loss-making) | — (loss-making) | — | n/m | — | (170.80%) | (25,435.40%) | Compare |
| Median of peers | $5.9B | 42.4× | — | +21.24% | +30.00% | +107.54% | 44.51% | 21.26% |
Brookfield Renewable Partners L.P. (BEP) Latest News
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BEP metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score