Global renewable power generation partnership owning hydro, wind, solar and storage assets, managed by Brookfield.
Global renewable power generation partnership owning hydro, wind, solar and storage assets, managed by Brookfield.
This is the Toronto listing of the same renewable-power partnership as the US one. It sells most of its power under long-term contracts to utilities and corporate buyers, so cash flow is steadier than at spot-priced generators, and hydro earns more when river flows are strong. Brookfield manages it for fees and owns a sizeable stake.
In one line: A global renewable power IPP, akin to a public NextEra Energy Partners.
Moat: narrow (scale, installed base, regulatory licence). Large, long-life hydro assets and long-term contracted power purchase agreements provide stable, hard-to-replicate cash flows.
Headquarters: Toronto, Canada · Founded: 2011 · Employees: 5,870
Size Brookfield Renewable Partners LP (BEP-UN.TO) is a Canada Utilities company (Electric Utilities) with a market value of $9.41B, the 77th largest of 420 Canada companies the cockpit tracks. Shares closed at C$43.93 on 6 Nov 2026.
Performance Over six months the shares fell 7.0%, against -6.8% for the median peer and +5.2% for the Canada market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 6.9% over the last twelve months (peer median +7.0%); the operating margin is 10.8% (peer median 13.6%).
Valuation It trades at 12.5× enterprise value to sales against a peer median of 2.5× (most expensive of 21).
Capital Return on invested capital runs 4.4 points below its cost of capital (5.0% WACC).
Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$9.29B | C$9.13B | C$7.92B | C$6.64B | C$6.06B |
| Revenue growth | — | +15% | +19% | +10% | — |
| Gross profit | C$1.38B | C$1.69B | C$1.63B | C$1.52B | C$2.11B |
| EBITDA | C$4.21B | C$4.76B | C$4.11B | C$3.75B | C$3.88B |
| Net income | -C$276M | -C$51.7M | -C$299M | -C$67.5M | -C$159M |
| Free cash flow | -C$7.33B | -C$7.60B | -C$3.37B | -C$1.27B | -C$624M |
| Capital expenditure | C$8.75B | C$9.20B | C$5.11B | C$3.79B | C$2.85B |
| Total debt | C$60.3B | C$49.1B | C$51.1B | C$40.2B | C$34.4B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Brookfield Renewable Partners LP BEP-UN.TO | $9.41B | -7% | +7% | 11% | 12.5× | n/a |
| Brookfield Infrastructure Partners L.P BIP | $25.6B | +7% | +16% | 25% | 4.7× | n/a |
| Northland Power NPI.TO | $4.22B | -4% | +15% | 34% | 4.9× | -1.7% |
| Boralex BLX.TO | n/a | +35% | n/a | n/a | n/a | n/a |
| Clearway Energy CWEN | $7.00B | -11% | +8% | 13% | 13.0× | 33.1% |
| Orsted ORSTED.CO | $29.5B | -8% | +15% | 2% | 3.3× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BEP-UN.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.5% | +0.5% | 8th highest of 21 |
| 6-month return | -7.0% | -6.8% | 11th highest of 21 |
| Distance from 52-week high | -16.9% | -20.7% | 10th highest of 21 |
| Revenue growth (TTM) | +6.9% | +7.0% | 11th highest of 21 |
| Operating margin | 10.8% | 13.6% | 7th lowest of 21 |
| EV / Sales | 12.5× | 2.5× | most expensive of 21 |
| ROIC minus cost of capital | -4.4 pp | -0.6 pp | 4th lowest of 20 |
| EV / EBITDA | 27.5× | 11.3× | most expensive of 16 |
| Net debt / EBITDA | 12.9× | 5.0× | most indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Brookfield Renewable Partners LP BEP-UN.TO | Canada | $9.41B | -7% | +7% | 11% | 12.5× | n/a | n/a |
| Redeia Corporacion RED.MC | Spain | $9.47B | +8% | +15% | 43% | 8.5× | n/a | n/a |
| PGE Polska Grupa Energetyczna PGE.WA | Poland | $9.02B | +47% | -2% | 12% | 0.6× | n/a | n/a |
| Edison EDNR.MI | Italy | $9.87B | -12% | +6% | 3% | 0.5× | n/a | n/a |
| Hikari Tsushin 9435.T | Japan | $10.0B | -5% | +7% | 15% | 3.0× | 6.7% | +5.6% |
| Huadian Power International 1071.HK | Hong Kong | $8.73B | 0% | +13% | 8% | 2.0× | n/a | n/a |
| NHPC NHPC.NS | India | $8.72B | +1% | +12% | 30% | 11.6× | n/a | n/a |
| JSW Energy JSWENERGY.NS | India | $10.1B | -9% | +26% | 36% | 8.5× | n/a | n/a |
| IDACORP IDA | United States | $8.63B | +2% | +4% | 23% | 6.7× | n/a | n/a |
| Jiangsu Eastern Shenghong 000301.SZ | China | $10.3B | -22% | +4% | 7% | 1.6× | -2.1% | +28.4% |
| A2A A2A.MI | Italy | $8.55B | +4% | +14% | 8% | 0.9× | 2.8% | +15.6% |
| OGE Energy OGE | United States | $10.5B | +7% | +2% | 26% | 4.8× | 8.1% | +9.0% |
| AES AES | United States | $10.6B | +4% | +12% | 20% | 3.6× | n/a | n/a |
| Guangxi Guiguan Electric Power 600236.SS | China | $10.7B | -10% | +26% | 48% | 8.4× | -2.8% | +3.0% |
| Datang International Power Generation 0991.HK | Hong Kong | $10.7B | -20% | +3% | 15% | 2.8× | 4.0% | +4.1% |
| Zhejiang Zheneng Electric Power 600023.SS | China | $10.8B | -5% | -7% | -1% | 1.6× | 7.0% | +9.0% |
| Bkw BKW.SW | Switzerland | $8.12B | -17% | -5% | 11% | 2.0× | 1.6% | +7.4% |
| Companhia Paranaense de Energia Sponsored ADR ELPC | United States | $7.92B | -15% | +27% | 19% | 2.2× | -5.5% | +5.3% |
| Sembcorp Industries U96.SI | Singapore | $7.91B | -8% | +8% | 11% | 3.7× | n/a | n/a |
| Chubu Electric Power 9502.T | Japan | $11.2B | -13% | +3% | 0% | 1.3× | n/a | n/a |
| Tata Power TATAPOWER.NS | India | $11.9B | -20% | -4% | 13% | 1.8× | n/a | n/a |