Cash flow Brookfield Renewable Partners L.P.

Stocks

BEP.UN

BMG162581083

Electric Utilities

Market Closed - Toronto S.E. Other stock markets 21:00:00 29/06/2026 BST			5-day change	1st Jan Change
49.45 ^CAD	-0.88%		-2.18%	+33.32%

06-12	UBS Adjusts Price Target on Brookfield Renewable Partners to $40 From $39, Maintains Buy Rating	MT
06-02	Brookfield Renewable Partners to Raise $150 Million Through a Bought Deal of LP Units	MT

e86f32b5a76561fe59abe919d.WBePMLa4KiwQsTzSwYflQDr6kwnEROZId0neb3vKIP4.GSD9AOX-E2t833eg9_aDMlCs41a9PNEuQAHnCRGMDZM-VdVb1d5YR1yDeQ

Published financial data: BROOKFIELD RENEWABLE PARTNERS L.P.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues - (Utility Template)	4.1B	4.71B	5.04B	5.88B	6.41B
Other Revenues, Total	8M	25M	-	-	-
Total Revenues	4.1B	4.74B	5.04B	5.88B	6.41B
Selling General & Admin Expenses, Total	288M	243M	205M	204M	223M
Depreciation & Amortization - (IS) - (Collected)	1.5B	1.58B	1.85B	2.01B	2.42B
Other Operating Expenses	1.36B	1.43B	1.93B	2.58B	2.9B
Total Operating Expenses	3.15B	3.26B	3.99B	4.79B	5.55B
Operating Income (REIT / Utility Template)	950M	1.48B	1.05B	1.08B	856M
Interest Expense, Total	-981M	-1.22B	-1.63B	-1.99B	-2.46B
Interest and Investment Income	59M	68M	107M	137M	200M
Net Interest Expenses	-922M	-1.16B	-1.52B	-1.85B	-2.26B
Income (Loss) on Equity Invest.	22M	96M	186M	-88M	-110M
Currency Exchange Gains (Loss)	-73M	-128M	502M	880M	1.47B
Other Non Operating Income (Expenses)	-93M	-74M	449M	175M	-119M
EBT, Excl. Unusual Items	-116M	214M	665M	198M	-160M
Total Merger & Related Restructuring Charges	-8M	-2M	-5M	-23M	-154M
Gain (Loss) on Sale of Investments	-	-	-	-	836M
Gain (Loss) on Sale of Assets	193M	-9M	72M	346M	408M
Asset Writedown	-63M	-61M	-164M	-721M	-832M
Legal Settlements	-58M	-6M	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-52M	136M	568M	-200M	98M
Income Tax Expense	14M	-2M	-48M	-191M	-614M
Earnings From Continuing Operations	-66M	138M	616M	-9M	712M
Net Income to Company	-66M	138M	616M	-9M	712M
Minority Interest	-235M	-360M	-646M	-381M	-657M
Net Income - (IS)	-301M	-222M	-30M	-390M	55M
Net Income to Common Incl Extra Items	-301M	-222M	-30M	-390M	55M
Net Income to Common Excl. Extra Items	-301M	-222M	-30M	-390M	55M
Per Share Items
Net EPS - Basic	-0.47	-0.34	-0.05	-0.59	0.08
Basic EPS - Continuing Operations	-0.47	-0.34	-0.05	-0.59	0.08
Basic Weighted Average Shares Outstanding	646M	646M	665M	663M	665M
Net EPS - Diluted	-0.47	-0.34	-0.05	-0.59	0.08
Diluted EPS - Continuing Operations	-0.47	-0.34	-0.05	-0.59	0.08
Diluted Weighted Average Shares Outstanding	646M	646M	665M	663M	665M
Normalized Basic EPS	-0.48	-0.35	-0.35	-0.39	-1.14
Normalized Diluted EPS	-0.48	-0.35	-0.35	-0.39	-1.14
Dividend Per Share	1.21	1.28	1.35	1.42	1.49
Payout Ratio	-301.99	-431.98	-1.37K	-110.77	850.91
Distributable Cash Payout Ratio (Income Trusts)	-	-	-	-	-
Supplemental Items
Utility Revenues	4.1B	4.71B	5.04B	5.88B	6.41B
Non Utility Revenues	304M	136M	671M	627M	1.59B
EBITDA	2.45B	3.07B	2.91B	3.09B	3.28B
EBITA	950M	1.49B	1.06B	1.08B	856M
EBIT	950M	1.48B	1.05B	1.08B	856M
Effective Tax Rate - (Ratio)	-26.92	-1.47	-8.45	95.5	-626.53
Current Foreign Taxes	43M	148M	-	-	-
Total Current Taxes	43M	148M	128M	-160M	-249M
Deferred Foreign Taxes	-29M	-150M	-	-	-
Total Deferred Taxes	-29M	-150M	-176M	-31M	-365M
Normalized Net Income	-308M	-226M	-230M	-257M	-757M
Distributable Cash	-	-	-	-	-
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	288M	243M	205M	204M	223M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	764M	998M	1.14B	3.14B	2.09B
Short Term Investments - (Utility / Insurance Templates)	60M	238M	222M	568M	499M
Accounts Receivable, Total	707M	831M	2.11B	1.45B	1.5B
Other Receivables	192M	302M	412M	826M	1.3B
Accounts Receivable (Summary Subtotal)	899M	1.13B	2.52B	2.27B	2.81B
Inventory - (Utility Template)	31M	42M	111M	154M	177M
Prepaid Expenses	354M	86M	127M	174M	207M
Restricted Cash	261M	139M	310M	286M	220M
Other Current Assets, Total	492M	1.55B	178M	2.25B	6.29B
Total Current Assets	2.86B	4.18B	4.61B	8.84B	12.3B
Net Property Plant And Equipment	49.43B	54.28B	64B	73.48B	70.46B
Goodwill	966M	1.53B	1.94B	5.43B	6.02B
Other Intangibles, Total	218M	209M	15M	10M	-
Long-Term Investments - (Utility Template)	1.37B	2.89B	4.31B	5.79B	8.48B
Accounts Receivable Long-Term	388M	341M	314M	250M	209M
Deferred Tax Assets Long-Term (Collected)	197M	176M	244M	330M	493M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	436M	501M	682M	681M	744M
Total Assets	55.87B	64.11B	76.13B	94.81B	98.7B
Liabilities
Accounts Payable, Total	208M	276M	388M	787M	959M
Accrued Expenses, Total	592M	1.14B	1.46B	5.69B	7.77B
Short-Term Borrowings	-	249M	183M	671M	194M
Current Portion of Long-Term Debt	1.82B	2.03B	4.99B	5.17B	7.51B
Current Portion of Leases	30M	33M	41M	49M	53M
Current Income Taxes Payable	-	78M	41M	28M	85M
Unearned Revenue, Current	-	-	35M	47M	63M
Other Current Liabilities - (Bank / Utility Template)	574M	1.14B	898M	2.13B	5.06B
Total Current Liabilities	3.22B	4.94B	8.04B	14.56B	21.7B
Long-Term Debt	19.71B	22.57B	24.98B	28.9B	27.94B
Long-Term Leases	434M	526M	727M	1.11B	852M
Unearned Revenue Non Current	635M	662M	680M	686M	679M
Pension & Other Post Retirement Benefits	77M	51M	66M	56M	62M
Deferred Tax Liability Non-Current	6.22B	6.51B	7.17B	8.44B	9.4B
Other Non Current Liabilities, Total	1.58B	2.56B	4.49B	4.6B	3.1B
Total Liabilities	31.87B	37.82B	46.15B	58.35B	63.73B
Preferred Stock Redeemable	881M	760M	760M	634M	634M
Total Preferred Equity	881M	760M	760M	634M	634M
Common Stock, Total	4B	3.61B	3.1B	2B	1.62B
Comprehensive Income and Other	6.2B	6.59B	6.67B	7.12B	7.99B
Total Common Equity	10.2B	10.2B	9.77B	9.12B	9.61B
Minority Interest	12.92B	15.33B	19.45B	26.7B	24.73B
Total Equity	24B	26.29B	29.98B	36.46B	34.97B
Total Liabilities And Equity	55.87B	64.11B	76.13B	94.81B	98.7B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	646M	646M	665M	663M	684M
ECS Total Common Shares Outstanding	646M	646M	665M	663M	684M
Book Value / Share	14.88	14.87	13.8	12.63	12.98
Tangible Book Value	9.02B	8.46B	7.81B	3.67B	3.59B
Tangible Book Value Per Share	13.04	12.19	10.86	4.43	4.18
Total Debt	21.99B	25.41B	30.92B	35.9B	36.55B
Net Debt	21.17B	24.17B	29.56B	32.19B	33.96B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	12.92B	15.33B	19.45B	26.7B	24.73B
Equity Method Investments, Total	1.11B	1.39B	2.55B	2.74B	4.09B
Account Code - Inventory Valuation	3	3	3	3	3
Full Time Employees	3.2K	3.4K	4.77K	5.27K	5.87K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-301M	-222M	-30M	-390M	55M
Depreciation, Depletion & Amortization	1.5B	1.58B	1.85B	2.01B	2.42B
Amortization of Goodwill and Intangible Assets - (CF)	-	15M	11M	-	-
Total Depreciation, Depletion & Amortization	1.5B	1.6B	1.86B	2.01B	2.42B
(Income) Loss On Equity Investments - (CF)	56M	-7M	-128M	178M	269M
Change in Accounts Receivable	-515M	-296M	540M	-233M	-633M
Change in Accounts Payable	-282M	109M	-60M	120M	-55M
Change in Other Net Operating Assets (Collected)	83M	-26M	-5M	-175M	263M
Other Operating Activities	192M	555M	-315M	-236M	-1.18B
Cash from Operations	734M	1.71B	1.86B	1.27B	1.15B
Capital Expenditure	-1.97B	-2.19B	-2.81B	-3.73B	-6.59B
Sale of Property, Plant, and Equipment	827M	140M	217M	1.09B	2.82B
Cash Acquisitions	-1.43B	-2.45B	-791M	-2.94B	-4.44B
Investment in Marketable and Equity Securities, Total	108M	-658M	-938M	-1.18B	-74M
Other Investing Activities, Total	-46M	94M	-35M	-34M	-368M
Cash from Investing	-2.5B	-5.07B	-4.36B	-6.8B	-8.65B
Short Term Debt Issued, Total	1.19B	1.72B	-	248M	-
Long-Term Debt Issued, Total	6.88B	9.84B	9.28B	17.59B	23.17B
Total Debt Issued	8.06B	11.56B	9.28B	17.84B	23.17B
Short Term Debt Repaid, Total	-1.62B	-1.13B	-65M	-	-236M
Long-Term Debt Repaid, Total	-3.68B	-6.31B	-7.59B	-10.12B	-14.77B
Total Debt Repaid	-5.3B	-7.44B	-7.66B	-10.12B	-15B
Issuance of Common Stock	592M	-	390M	145M	639M
Repurchase of Common Stock	-153M	-252M	-43M	-182M	-34M
Issuance of Preferred Stock	-	115M	-	-	-
Common Dividends Paid	-854M	-915M	-370M	-395M	-434M
Preferred Dividends Paid	-55M	-44M	-41M	-37M	-34M
Common & Preferred Stock Dividends Paid	-909M	-959M	-411M	-432M	-468M
Other Financing Activities, Total	-156M	460M	1.04B	404M	-1.88B
Cash from Financing	2.14B	3.49B	2.6B	7.65B	6.42B
Foreign Exchange Rate Adjustments	-35M	-28M	38M	-95M	121M
Miscellaneous Cash Flow Adjustments	-5M	-8M	-	-34M	-81M
Net Change in Cash	333M	98M	143M	1.99B	-1.04B
Supplemental Items
Maintenance CAPEX	-	-	-	-	-
Cash Interest Paid	870M	1.07B	1.35B	1.92B	2.41B
Cash Income Tax Paid (Refund)	71M	112M	194M	112M	176M
Net Debt Issued / Repaid	2.77B	4.12B	1.62B	7.71B	8.16B
Levered Free Cash Flow	-1.6B	-220M	-1.1B	1.68B	-4.47B
Unlevered Free Cash Flow	-985M	546M	-84M	2.93B	-2.94B
Change In Net Working Capital	1.11B	-215M	-207M	-3.97B	-691M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.12	1.54	0.93	0.79	0.55
Return on Total Capital	1.38	1.89	1.16	1.02	0.74
Return On Equity %	-0.29	0.55	2.19	-0.03	1.99
Return on Common Equity	-3.13	-2.18	-0.3	-4.13	0.59
Margin Analysis
Gross Profit Margin %	66.74	69.72	61.63	56.09	54.69
SG&A Margin	7.02	5.13	4.07	3.47	3.48
EBITDA Margin %	59.72	64.91	57.78	52.62	51.21
EBITA Margin %	23.15	31.48	21.02	18.41	13.36
EBIT Margin %	23.15	31.17	20.8	18.41	13.36
Income From Continuing Operations Margin %	-1.61	2.91	12.23	-0.15	11.11
Net Income Margin %	-7.33	-4.69	-0.6	-6.64	0.86
Net Avail. For Common Margin %	-7.33	-4.69	-0.6	-6.64	0.86
Normalized Net Income Margin	-7.49	-4.78	-4.57	-4.38	-11.82
Levered Free Cash Flow Margin	-38.95	-4.63	-21.85	28.67	-69.79
Unlevered Free Cash Flow Margin	-24.01	11.52	-1.67	49.82	-45.82
Asset Turnover
Asset Turnover	0.08	0.08	0.07	0.07	0.07
Fixed Assets Turnover	0.09	0.09	0.09	0.09	0.09
Receivables Turnover (Average Receivables)	5.84	6.13	3.43	3.31	4.34
Inventory Turnover (Average Inventory)	47.89	39.29	25.27	19.47	17.54
Short Term Liquidity
Current Ratio	0.89	0.85	0.57	0.61	0.57
Quick Ratio	0.53	0.48	0.48	0.41	0.25
Operating Cash Flow to Current Liabilities	0.23	0.35	0.23	0.09	0.05
Days Sales Outstanding (Average Receivables)	62.51	59.58	106.5	110.72	84.06
Days Outstanding Inventory (Average Inventory)	7.62	9.29	14.44	18.8	20.81
Average Days Payable Outstanding	44.63	61.13	60.53	81.98	108.9
Cash Conversion Cycle (Average Days)	25.51	7.74	60.42	47.53	-4.04
Long Term Solvency
Total Debt/Equity	91.65	96.66	103.14	98.46	104.5
Total Debt / Total Capital	47.82	49.15	50.77	49.61	51.1
LT Debt/Equity	83.95	87.88	85.73	82.32	82.33
Long-Term Debt / Total Capital	43.8	44.69	42.2	41.48	40.26
Total Liabilities / Total Assets	57.05	59	60.62	61.55	64.57
EBIT / Interest Expense	0.97	1.21	0.64	0.54	0.35
EBITDA / Interest Expense	2.5	2.51	1.79	1.56	1.34
(EBITDA - Capex) / Interest Expense	0.49	0.72	0.06	-0.32	-1.35
Total Debt / EBITDA	8.97	8.27	10.62	11.61	11.14
Net Debt / EBITDA	8.64	7.86	10.15	10.41	10.35
Total Debt / (EBITDA - Capex)	45.44	28.74	303.14	-56	-11.05
Net Debt / (EBITDA - Capex)	43.74	27.35	289.77	-50.22	-10.27
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	7.43	15.4	6.94	16.63	9.04
Gross Profit, 1 Yr. Growth %	7.58	20.55	-5.25	6.15	6.31
EBITDA, 1 Yr. Growth %	6.06	24.71	-4.53	6.22	6.11
EBITA, 1 Yr. Growth %	0.64	54.67	-27.76	2.17	-20.89
EBIT, 1 Yr. Growth %	0.64	55.37	-27.77	3.24	-20.89
Earnings From Cont. Operations, 1 Yr. Growth %	46.67	-309.09	346.38	-101.46	-8.01K
Net Income, 1 Yr. Growth %	20.4	-26.25	-86.49	1.2K	-114.1
Diluted EPS Before Extra, 1 Yr. Growth %	20.35	-26.28	-86.88	1.2K	-114.07
Normalized Net Income, 1 Yr. Growth %	165.95	-27.74	-0.65	11.67	194.27
Net Property, Plant and Equip., 1 Yr. Growth %	10.86	9.81	17.91	14.8	-4.11
Inventory, 1 Yr. Growth %	19.23	35.48	164.29	38.74	14.94
Accounts Receivable, 1 Yr. Growth %	1.58	17.54	153.79	-31.44	4.08
Total Assets, 1 Yr. Growth %	12.36	14.76	18.74	24.54	4.1
Tangible Book Value, 1 Yr. Growth %	15.16	-6.1	-7.69	-52.99	-2.42
Cash From Operations, 1 Yr. Growth %	-43.36	133.11	9	-31.69	-9.97
Capital Expenditures, 1 Yr. Growth %	340.04	11.34	28.26	32.89	76.45
Levered Free Cash Flow, 1 Yr. Growth %	-196.23	-84.86	97.95	-253.04	-365.42
Unlevered Free Cash Flow, 1 Yr. Growth %	-143.38	-165.23	-140.22	-3.58K	-200.3
Dividend Per Share, 1 Yr. Growth %	4.42	4.92	5.47	4.41	5.07
Common Equity, 1 Yr. Growth %	12.95	0.01	-4.19	-6.71	5.44
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	0.91	11.35	10.9	11.68	12.77
Gross Profit, 2 Yr. CAGR %	-0.51	13.88	6.63	0.29	6.23
EBITDA, 2 Yr. CAGR %	-3.5	15.11	8.85	0.7	6.17
EBITA, 2 Yr. CAGR %	-16.45	25.08	5.25	-14.09	-10.09
EBIT, 2 Yr. CAGR %	-16.45	25.04	5.48	-13.65	-9.62
Earnings From Cont. Operations, 2 Yr. CAGR %	-9.17	75.12	205.5	-74.46	7.51
Net Income, 2 Yr. CAGR %	125.87	-5.77	-68.43	32.54	35.4
Diluted EPS Before Extra, 2 Yr. CAGR %	92.07	-5.81	-68.9	30.81	34.58
Normalized Net Income, 2 Yr. CAGR %	837.32	44.65	-14.23	5.33	81.27
Net Property, Plant and Equip., 2 Yr. CAGR %	9.73	10.33	13.79	16.34	4.92
Inventory, 2 Yr. CAGR %	-15.09	27.1	89.23	91.49	26.28
Accounts Receivable, 2 Yr. CAGR %	2.04	9.27	72.71	31.91	-15.52
Total Assets, 2 Yr. CAGR %	9.97	13.55	16.73	21.61	13.86
Common Equity, 2 Yr. CAGR %	13.17	6.28	-2.11	-5.46	-0.82
Tangible Book Value, 2 Yr. CAGR %	15.36	3.99	-6.9	-34.13	-32.18
Cash From Operations, 2 Yr. CAGR %	-31.27	14.9	59.4	-13.71	-21.58
Capital Expenditures, 2 Yr. CAGR %	106.79	121.34	19.5	30.56	53.13
Levered Free Cash Flow, 2 Yr. CAGR %	15.75	-63.75	-13	74.05	101.54
Unlevered Free Cash Flow, 2 Yr. CAGR %	-26.4	-51.09	-68.4	274.36	491.21
Dividend Per Share, 2 Yr. CAGR %	4.94	5.05	5.19	5.33	5.13
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.15	5.53	9.66	12.78	10.79
Gross Profit, 3 Yr. CAGR %	2.05	6.07	6.84	6.47	2.26
EBITDA, 3 Yr. CAGR %	-0.43	5.31	7.86	7.96	2.47
EBITA, 3 Yr. CAGR %	-10.65	3.09	3.58	4.21	-16.42
EBIT, 3 Yr. CAGR %	-10.65	2.74	3.55	4.73	-16.13
Earnings From Cont. Operations, 3 Yr. CAGR %	-51.62	19.93	139.22	-48.53	72.8
Net Income, 3 Yr. CAGR %	36.63	55.54	-50.68	9.02	-37.19
Diluted EPS Before Extra, 3 Yr. CAGR %	22.62	39.58	-51.17	8.05	-37.8
Normalized Net Income, 3 Yr. CAGR %	6.01	301.33	28.68	-6.34	48.35
Net Property, Plant and Equip., 3 Yr. CAGR %	8.99	9.76	12.8	14.12	9.08
Inventory, 3 Yr. CAGR %	-	-0.78	62.22	70.63	61.53
Accounts Receivable, 3 Yr. CAGR %	6.28	6.97	44.71	26.94	21.89
Total Assets, 3 Yr. CAGR %	8.69	11.54	15.26	19.28	15.47
Common Equity, 3 Yr. CAGR %	9.17	8.6	2.67	-3.67	-1.96
Tangible Book Value, 3 Yr. CAGR %	10.79	7.71	-0.06	-25.87	-24.84
Cash From Operations, 3 Yr. CAGR %	-17.05	3.26	12.9	20.18	-12.48
Capital Expenditures, 3 Yr. CAGR %	93.62	68.23	84.54	23.81	44.35
Levered Free Cash Flow, 3 Yr. CAGR %	39.14	-43.12	-12.97	5.02	100.34
Unlevered Free Cash Flow, 3 Yr. CAGR %	-6.4	-33.06	-66.73	51.53	141.34
Dividend Per Share, 3 Yr. CAGR %	4.88	5.18	5.19	5.19	5.24
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	10.85	11.26	5.53	7.83	10.9
Gross Profit, 5 Yr. CAGR %	13.77	13.29	3.8	3.56	6.6
EBITDA, 5 Yr. CAGR %	12.64	13.13	3.23	3.27	7.18
EBITA, 5 Yr. CAGR %	10.72	12.92	-4.48	-4.48	-2.12
EBIT, 5 Yr. CAGR %	10.72	12.7	-4.68	-4.48	-1.94
Earnings From Cont. Operations, 5 Yr. CAGR %	10.53	103.03	1.11	-35.4	73.72
Net Income, 5 Yr. CAGR %	43.19	51.3	-23.96	45.9	-26.13
Diluted EPS Before Extra, 5 Yr. CAGR %	33.14	41.92	-29.16	36	-26.57
Normalized Net Income, 5 Yr. CAGR %	37.81	64.78	-2.25	136.19	47.58
Net Property, Plant and Equip., 5 Yr. CAGR %	14.39	10.66	10.89	12.35	9.58
Inventory, 5 Yr. CAGR %	-	-	-	29.07	46.76
Accounts Receivable, 5 Yr. CAGR %	18	3.97	29.06	16.32	16.68
Total Assets, 5 Yr. CAGR %	15.03	11.74	11.84	15.46	14.7
Common Equity, 5 Yr. CAGR %	10.53	8.27	4.51	2.74	1.26
Tangible Book Value, 5 Yr. CAGR %	11.32	7.33	3.34	-11.52	-14.42
Cash From Operations, 5 Yr. CAGR %	3.04	22.67	7.72	-3.9	-2.41
Capital Expenditures, 5 Yr. CAGR %	39.75	43.73	59.63	52.01	71.27
Levered Free Cash Flow, 5 Yr. CAGR %	26.36	-16.55	13.16	7.15	21.77
Unlevered Free Cash Flow, 5 Yr. CAGR %	2.4	-10.88	-41.26	9.99	5.19
Dividend Per Share, 5 Yr. CAGR %	0.41	0.51	5.15	5.24	5.16