Brookfield Renewable (BEPC) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
952.0M
Gross Profit
599.0M
62.92%
Operating Income
254.0M
26.68%
Net Income
-1.4B
-152.00%
Balance Sheet Metrics
Total Assets
45.0B
Total Liabilities
32.5B
Shareholders Equity
12.4B
Debt to Equity
2.61
Cash Flow Metrics
Operating Cash Flow
101.0M
Free Cash Flow
-138.0M
Revenue & Profitability Trend
Brookfield Renewable Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 4.1B | 4.0B | 3.8B | 3.4B | 3.1B |
| Cost of Goods Sold | 1.8B | 1.5B | 1.2B | 1.2B | 1.1B |
| Gross Profit | 2.4B | 2.5B | 2.6B | 2.2B | 2.0B |
| Gross Margin % | 57.3% | 63.0% | 68.9% | 64.8% | 65.6% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | - | - | - | 175.0M | 152.0M |
| Other Operating Expenses | 106.0M | 88.0M | 169.0M | 175.0M | 152.0M |
| Total Operating Expenses | 106.0M | 88.0M | 169.0M | 350.0M | 304.0M |
| Operating Income | 1.0B | 1.1B | 1.2B | 877.0M | 801.0M |
| Operating Margin % | 24.3% | 26.7% | 33.0% | 26.0% | 25.9% |
| Non-Operating Items | |||||
| Interest Income | 101.0M | 87.0M | 32.0M | 20.0M | - |
| Interest Expense | 1.7B | 1.3B | 1.0B | 900.0M | 816.0M |
| Other Non-Operating Income | 1.2B | 492.0M | 1.7B | 1.0B | -2.9B |
| Pre-tax Income | 600.0M | 381.0M | 2.0B | 1.0B | -2.9B |
| Income Tax | 167.0M | 73.0M | 118.0M | 87.0M | -73.0M |
| Effective Tax Rate % | 27.8% | 19.2% | 6.0% | 8.6% | 0.0% |
| Net Income | 433.0M | 308.0M | 1.8B | 930.0M | -2.8B |
| Net Margin % | 10.5% | 7.8% | 49.0% | 27.6% | -91.3% |
| Key Metrics | |||||
| EBITDA | 3.0B | 2.8B | 4.3B | 3.1B | -834.0M |
| EPS (Basic) | $1.31 | $-1.01 | $8.73 | $5.49 | $-15.90 |
| EPS (Diluted) | $1.31 | $-1.01 | $8.73 | $5.49 | $-15.90 |
| Basic Shares Outstanding | 179640851 | 179651526 | 172218098 | 172203342 | 172180417 |
| Diluted Shares Outstanding | 179640851 | 179651526 | 172218098 | 172203342 | 172180417 |
Income Statement Trend
Brookfield Renewable Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 392.0M | 441.0M | 435.0M | 410.0M | 355.0M |
| Short-term Investments | - | - | - | - | - |
| Accounts Receivable | 462.0M | 503.0M | 506.0M | 502.0M | 471.0M |
| Inventory | 35.0M | 65.0M | 18.0M | 20.0M | 22.0M |
| Other Current Assets | 50.0M | 76.0M | 53.0M | 83.0M | 45.0M |
| Total Current Assets | 3.1B | 3.3B | 3.4B | 2.3B | 1.6B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 184.0M | 197.0M | 241.0M | 188.0M | 148.0M |
| Goodwill | 1.4B | 1.7B | 1.7B | 1.9B | 2.2B |
| Intangible Assets | 5.0M | 7.0M | 208.0M | 218.0M | 233.0M |
| Long-term Investments | 684.0M | 301.0M | 481.0M | 58.0M | 68.0M |
| Other Non-Current Assets | 194.0M | 288.0M | 180.0M | 165.0M | 151.0M |
| Total Non-Current Assets | 41.0B | 46.1B | 39.9B | 39.6B | 37.9B |
| Total Assets | 44.1B | 49.4B | 43.3B | 42.0B | 39.5B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 172.0M | 184.0M | 154.0M | 118.0M | 114.0M |
| Short-term Debt | 1.3B | 1.9B | 1.3B | 1.5B | 805.0M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 8.8B | 5.2B | 4.9B | 6.4B | 7.6B |
| Total Current Liabilities | 11.3B | 8.3B | 7.3B | 9.0B | 9.8B |
| Non-Current Liabilities | |||||
| Long-term Debt | 12.8B | 14.7B | 12.8B | 12.4B | 12.4B |
| Deferred Tax Liabilities | 6.5B | 5.8B | 5.3B | 5.0B | 4.2B |
| Other Non-Current Liabilities | 77.0M | 94.0M | 83.0M | 96.0M | 90.0M |
| Total Non-Current Liabilities | 20.8B | 24.0B | 19.2B | 18.8B | 17.9B |
| Total Liabilities | 32.0B | 32.3B | 26.5B | 27.8B | 27.7B |
| Equity | |||||
| Common Stock | - | - | - | - | - |
| Retained Earnings | - | - | - | - | - |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 12.1B | 17.1B | 16.8B | 14.2B | 11.7B |
| Key Metrics | |||||
| Total Debt | 14.1B | 16.6B | 14.1B | 13.9B | 13.2B |
| Working Capital | -8.1B | -5.0B | -3.8B | -6.6B | -8.3B |
Balance Sheet Composition
Brookfield Renewable Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 433.0M | 308.0M | 1.8B | 930.0M | -2.8B |
| Depreciation & Amortization | 1.3B | 1.3B | 1.2B | 1.1B | 1.1B |
| Stock-Based Compensation | - | - | - | - | - |
| Working Capital Changes | -221.0M | 456.0M | -278.0M | -368.0M | -18.0M |
| Operating Cash Flow | 698.0M | 1.8B | 924.0M | 551.0M | 1.1B |
| Investing Activities | |||||
| Capital Expenditures | -949.0M | -1.0B | -847.0M | -1.4B | -373.0M |
| Acquisitions | -110.0M | -202.0M | -48.0M | -12.0M | -105.0M |
| Investment Purchases | -575.0M | - | - | - | - |
| Investment Sales | 172.0M | 134.0M | 0 | 0 | - |
| Investing Cash Flow | -665.0M | -1.0B | -738.0M | -1.0B | -437.0M |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | 0 | 0 | -78.0M | 0 | -235.0M |
| Debt Issuance | 3.9B | 2.6B | 3.5B | 4.1B | 2.9B |
| Debt Repayment | -3.4B | -2.8B | -2.8B | -2.7B | -3.0B |
| Financing Cash Flow | 192.0M | -636.0M | -402.0M | 678.0M | -475.0M |
| Free Cash Flow | -400.0M | 575.0M | 437.0M | -959.0M | 619.0M |
| Net Change in Cash | 225.0M | 137.0M | -216.0M | 202.0M | 143.0M |
Cash Flow Trend
Brookfield Renewable Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
21.55
Forward P/E
154.14
Price to Book
99.15
Price to Sales
1.57
PEG Ratio
154.14
Profitability Ratios
Profit Margin
-33.95%
Operating Margin
29.57%
Return on Equity
-9.15%
Return on Assets
1.35%
Financial Health
Current Ratio
0.27
Debt to Equity
133.80
Beta
1.14
Per Share Data
EPS (TTM)
$-7.34
Book Value per Share
$0.34
Revenue per Share
$11.44
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| bepc | 6.1B | 21.55 | 99.15 | -9.15% | -33.95% | 133.80 |
| Constellation Energy | 104.9B | 34.98 | 7.80 | 23.52% | 12.12% | 60.21 |
| Clearway Energy | 5.9B | 43.34 | 1.80 | -2.00% | 5.31% | 168.03 |
| Clearway Energy | 5.9B | 46.38 | 1.92 | -2.00% | 5.31% | 168.03 |
| Ormat Technologies | 5.4B | 43.44 | 2.21 | 5.19% | 14.18% | 99.89 |
| Enlight Renewable | 2.9B | 140.12 | 2.12 | 9.01% | 26.88% | 243.29 |
Financial data is updated regularly. All figures are in the company's reporting currency.