Brookfield Renewable Partners L.P. (BEP) Key Metrics
BEP valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $13.84B
- Enterprise value
- $43.35B
- P/E (TTM)
- —
- Forward P/E
- 181.8
- PEG ratio
- 3.51
- Price / sales
- 2.2 10-yr median 1.5
- Price / book
- 2.0 10-yr median 0.7
- EV / EBITDA
- 9.4 10-yr median 10.0
- Dividend yield
- 3.44% $1.57 a year
- Beta
- 0.98
BEP key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBEP valuation Price multiples at each fiscal year-end price.
BEP returns How much profit the business earns on the capital it uses.
BEP per-share figures Results divided by the shares outstanding at year-end.
BEP financial health Debt, liquidity and how easily interest is covered.
BEP efficiency & capital use Working capital cycle and where the cash goes.
BEP valuation history
BEP returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BEP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BEP cash returned to shareholders
BEP price vs earnings per share
BEP key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $7.74B | $6.50B | $7.42B | $6.98B | $9.85B | $11.86B | $5.47B | $3.02B | $5.03B | $3.72B |
| Enterprise value | $40.81B | $38.69B | $36.98B | $31.47B | $32.46B | $31.65B | $16.33B | $13.37B | $15.75B | $13.50B |
| P/E ratio | — | — | — | — | — | — | — | 49.6 | — | — |
| Price / sales | 1.2 | 1.1 | 1.5 | 1.5 | 2.4 | 3.1 | 1.4 | 0.8 | 1.9 | 1.5 |
| Price / book | 1.7 | 0.7 | 0.7 | 0.6 | 0.4 | 0.5 | 1.0 | 0.6 | 1.1 | 1.0 |
| Price / free cash flow | — | — | — | — | — | 14.0 | 5.0 | 3.7 | 8.5 | 14.3 |
| Price / operating cash flow | 5.1 | 5.4 | 3.9 | 4.1 | 13.4 | 9.2 | 3.5 | 2.9 | 5.2 | 6.0 |
| EV / sales | 6.3 | 6.6 | 7.3 | 6.7 | 7.9 | 8.3 | 4.1 | 3.5 | 6.0 | 5.5 |
| EV / EBITDA | 8.1 | 10.2 | 9.1 | 10.7 | 13.4 | 13.7 | 6.8 | 5.7 | 10.1 | 9.8 |
| EV / free cash flow | — | — | — | — | — | 37.3 | 14.9 | 16.2 | 26.5 | 51.9 |
| Earnings yield | −0.2% | −3.4% | −0.7% | −1.7% | −1.4% | −2.1% | −0.8% | 2.0% | −0.1% | −0.6% |
| Free cash flow yield | −67.0% | −36.0% | −13.0% | −6.9% | −12.5% | 7.2% | 20.0% | 27.3% | 11.8% | 7.0% |
| Dividend yield | 15.0% | 15.5% | 13.6% | 13.1% | 8.7% | 6.5% | 13.8% | 21.3% | 13.2% | 14.9% |
| Shareholder yield (dividends + buybacks) | 15.4% | 18.2% | 14.2% | 16.7% | 10.2% | 6.5% | 13.8% | 22.9% | 13.2% | 14.9% |
| Share price at fiscal year-end | $26.97 | $22.79 | $26.28 | $25.34 | $35.79 | $43.15 | $24.85 | $13.80 | $18.60 | $15.82 |
| Per share | ||||||||||
| Revenue per share | $22.72 | $20.60 | $17.84 | $17.11 | $14.89 | $13.90 | $18.05 | $17.33 | $9.70 | $10.44 |
| Earnings per share | −$0.07 | −$0.76 | −$0.18 | −$0.44 | −$0.49 | −$0.91 | −$0.20 | $0.28 | −$0.01 | −$0.09 |
| Operating cash flow per share | $5.29 | $4.25 | $6.73 | $6.22 | $2.67 | $4.72 | $7.06 | $4.78 | $3.55 | $2.66 |
| Free cash flow per share | −$18.07 | −$8.21 | −$3.40 | −$1.74 | −$4.48 | $3.09 | $4.97 | $3.76 | $2.19 | $1.11 |
| Cash per share | $9.29 | $12.98 | $4.83 | $4.49 | $2.78 | $1.57 | $1.22 | $1.68 | $3.89 | $1.70 |
| Book value per share | $16.02 | $34.19 | $37.30 | $39.80 | $87.23 | $79.20 | $24.59 | $23.70 | $16.51 | $16.07 |
| Tangible book value per share | −$4.92 | $15.10 | $30.36 | $33.50 | $82.93 | $74.83 | $20.81 | $19.87 | $13.13 | $12.19 |
| Dividends per share | $4.04 | $3.54 | $3.57 | $3.32 | $3.10 | $2.80 | $3.42 | $2.95 | $2.46 | $2.35 |
| Capex per share | $23.36 | $12.46 | $10.13 | $7.95 | $7.15 | $1.63 | $2.09 | $1.02 | $1.36 | $1.55 |
| Debt per share | $124.52 | $125.87 | $109.49 | $93.44 | $84.98 | $73.56 | $50.62 | $48.93 | $43.48 | $43.37 |
| Shares outstanding | 287.0M | 285.2M | 282.4M | 275.4M | 275.1M | 274.8M | 220.0M | 219.0M | 270.6M | 234.8M |
| Change in shares outstanding | +0.6% | +1.0% | +2.6% | +0.1% | +0.1% | +24.9% | +0.4% | −19.0% | +15.2% | +9.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −0.3% | −2.1% | −0.5% | −0.7% | −0.6% | −1.8% | −0.8% | 1.3% | −0.1% | −0.6% |
| Return on invested capital (ROIC) | 2.2% | 2.1% | 2.7% | 3.5% | 1.6% | 4.0% | 4.4% | 4.6% | 2.5% | 3.5% |
| Return on assets (ROA) | −0.0% | −0.3% | −0.1% | −0.2% | −0.3% | −0.6% | −0.1% | 0.2% | −0.0% | −0.1% |
| Return on tangible assets | −0.0% | −0.2% | −0.1% | −0.2% | −0.2% | −0.5% | −0.1% | 0.2% | −0.0% | −0.1% |
| Free cash flow margin | −79.5% | −39.8% | −19.1% | −10.1% | −30.1% | 22.2% | 27.5% | 21.7% | 22.6% | 10.6% |
| Income quality (OCF / net income) | — | — | — | — | — | — | — | 17.16 | — | — |
| Financial health | ||||||||||
| Total debt | $35.73B | $35.90B | $30.92B | $25.73B | $23.38B | $20.22B | $11.14B | $10.72B | $11.77B | $10.18B |
| Cash & short-term investments | $2.67B | $3.70B | $1.36B | $1.24B | $764.0M | $431.0M | $269.0M | $369.0M | $1.05B | $399.0M |
| Net debt | $33.07B | $32.19B | $29.56B | $24.49B | $22.61B | $19.79B | $10.87B | $10.35B | $10.71B | $9.78B |
| Debt / equity | 7.78 | 3.68 | 2.94 | 2.35 | 0.97 | 0.93 | 2.06 | 2.06 | 2.63 | 2.70 |
| Debt / assets | 0.36 | 0.38 | 0.41 | 0.40 | 0.42 | 0.41 | 0.31 | 0.31 | 0.38 | 0.37 |
| Net debt / EBITDA | 6.53 | 8.48 | 7.30 | 8.32 | 9.31 | 8.56 | 4.54 | 4.38 | 6.90 | 7.12 |
| Current ratio | 0.57 | 0.61 | 0.57 | 0.85 | 0.89 | 0.32 | 0.88 | 1.16 | 0.66 | 0.52 |
| Quick ratio | 0.56 | 0.60 | 0.56 | 0.84 | 0.88 | 0.32 | 0.56 | 1.20 | 0.69 | 0.56 |
| Interest coverage | 0.3 | 0.5 | 0.6 | 1.2 | 0.9 | 2.4 | 1.1 | 0.7 | 1.1 | 0.9 |
| Working capital | −$9.38B | −$5.73B | −$3.43B | −$760.0M | −$361.0M | −$4.40B | −$204.0M | $272.0M | −$848.0M | −$826.0M |
| Invested capital | $37.66B | $41.94B | $40.09B | $35.45B | $46.61B | $41.55B | $16.28B | $15.54B | $15.18B | $13.56B |
| Tangible asset value | $28.90B | $31.01B | $28.02B | $24.55B | $22.81B | $20.57B | $17.30B | $16.37B | $13.37B | $11.76B |
| Net current asset value | −$51.34B | −$49.52B | −$41.54B | −$33.64B | −$29.01B | −$25.86B | −$16.09B | −$14.94B | −$14.96B | −$14.16B |
| Graham number | — | — | — | — | — | — | — | $12.19 | — | — |
| Graham net-net per share | −$204.75 | −$187.56 | −$152.79 | −$130.54 | −$110.57 | −$95.57 | −$75.13 | −$73.68 | −$56.28 | −$61.24 |
| Capital allocation | ||||||||||
| Dividends paid | $1.16B | $1.01B | $1.01B | $915.0M | $854.0M | $769.0M | $753.0M | $645.3M | $665.1M | $552.3M |
| Share buybacks (net) | $34.0M | $173.3M | $43.8M | $252.0M | $153.0M | $0 | $1.0M | $48.4M | $0 | $0 |
| Dividends + buybacks / free cash flow | — | — | — | — | — | 90.6% | 68.9% | 84.2% | 112.0% | 212.5% |
| Capex / revenue | 102.8% | 60.5% | 56.8% | 46.5% | 48.0% | 11.7% | 11.6% | 5.9% | 14.0% | 14.9% |
| Capex / operating cash flow | 441.5% | 293.0% | 150.6% | 127.9% | 268.0% | 34.5% | 29.6% | 21.3% | 38.3% | 58.4% |
| Capex / depreciation | 2.72 | 1.77 | 1.54 | 1.38 | 1.31 | 0.33 | 0.36 | 0.19 | 0.47 | 0.47 |
| Stock-based compensation / revenue | — | — | −74.9% | — | 4.3% | −4.2% | 0.5% | 0.0% | 2.4% | 0.4% |
| SG&A / revenue | 30.0% | 3.5% | 4.1% | 5.2% | 7.0% | 6.2% | 3.4% | 2.5% | 4.0% | 3.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 119.0 | 110.4 | 106.5 | 67.0 | 114.1 | 110.8 | 55.9 | 50.9 | 64.0 | 49.2 |
| Days of inventory on hand | 11.1 | 18.7 | 14.4 | 9.3 | 7.6 | 80.5 | 68.8 | -18.9 | -23.7 | -14.2 |
| Days payables outstanding | 58.7 | 83.1 | 62.7 | 61.6 | 610.5 | 640.2 | 27.0 | 27.7 | 39.0 | 23.7 |
| Cash conversion cycle (days) | 71.4 | 46.0 | 58.3 | 14.7 | -488.8 | -448.8 | 97.7 | 4.4 | 1.3 | 11.2 |
| Receivables turnover | 3.07 | 3.31 | 3.43 | 5.45 | 3.20 | 3.29 | 6.53 | 7.16 | 5.70 | 7.42 |
| Payables turnover | 6.22 | 4.39 | 5.82 | 5.93 | 0.60 | 0.57 | 13.51 | 13.19 | 9.36 | 15.38 |
| Inventory turnover | 32.79 | 19.47 | 25.27 | 39.29 | 47.89 | 4.53 | 5.31 | — | — | — |
| Asset turnover | 0.07 | 0.07 | 0.07 | 0.08 | 0.08 | 0.09 | 0.11 | 0.12 | 0.09 | 0.10 |
| Average receivables | $2.12B | $1.78B | $1.47B | $865.0M | $1.28B | $1.16B | $608.5M | $530.0M | $460.5M | $330.5M |
| Average payables | $872.1M | $587.5M | $332.0M | $242.0M | $2.28B | $2.23B | $93.5M | $96.5M | $104.5M | $67.5M |
| Average inventory | $165.3M | $132.5M | $76.5M | $36.5M | $28.5M | $281.0M | $238.0M | −$66.0M | −$63.5M | −$40.5M |
| Intangibles / total assets | 6.1% | 5.7% | 2.6% | 2.7% | 2.1% | 2.4% | 2.3% | 2.5% | 3.0% | 3.3% |
Computed from BEP's annual financial statements (latest annual report filed February 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BEP valuation and financial ratios
Brookfield Renewable Partners earned a return on equity of −0.3% and a return on invested capital of 2.2% in fiscal 2025. It ended the year with $35.7 billion of debt and $2.7 billion in cash and short-term investments, net debt of $33.1 billion. It returned $1.2 billion to shareholders: $1.2 billion in dividends and $34.0 million in share buybacks. The share count rose 22.2% from 234.8M to 287.0M over 9 years.
See the BEP income statement, the BEP chart for price history, or the BEP stock overview for the latest quote and news.
BEP key metrics FAQ
What is Brookfield Renewable Partners's EV/EBITDA?
Brookfield Renewable Partners's enterprise value was 8.1 times EBITDA at the end of fiscal 2025 (enterprise value $40.8 billion, EBITDA $5.1 billion); the current EV/EBITDA is 9.4.
What is Brookfield Renewable Partners's return on equity?
Brookfield Renewable Partners's return on equity (ROE) was −0.3% in fiscal 2025: net income of -$19.3 million on average shareholders' equity of $7.2 billion.
What is Brookfield Renewable Partners's ROIC?
Brookfield Renewable Partners's return on invested capital was 2.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Brookfield Renewable Partners have?
Brookfield Renewable Partners had total debt of $35.7 billion at the end of fiscal 2025, a debt-to-equity ratio of 7.78 and $33.1 billion of net debt (6.53 times EBITDA).
What is Brookfield Renewable Partners's dividend yield?
Brookfield Renewable Partners's forward dividend yield is 3.44%. Brookfield Renewable Partners paid $1.2 billion in dividends in fiscal 2025 ($4.04 per share), a payout ratio of —.
Does Brookfield Renewable Partners buy back its shares?
Yes. Brookfield Renewable Partners spent $34.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.6% over the year, to 287.0M..
What is Brookfield Renewable Partners's free cash flow yield?
Brookfield Renewable Partners generated -$5.2 billion of free cash flow in fiscal 2025, a free cash flow yield of −67.0% on its market value at year-end ($7.7 billion).
What is Brookfield Renewable Partners's current ratio?
Brookfield Renewable Partners's current ratio was 0.57 at the end of fiscal 2025: current assets were 0.57 times current liabilities.