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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and Brookfield Renewable Corp (BEPC). Click either name above to swap in a different company.
Brookfield Renewable Partners L.P. is the larger business by last-quarter revenue ($1.7B vs $952.0M, roughly 1.8× Brookfield Renewable Corp). Brookfield Renewable Partners L.P. runs the higher net margin — 5.9% vs -152.0%, a 157.9% gap on every dollar of revenue. On growth, Brookfield Renewable Partners L.P. posted the faster year-over-year revenue change (14.2% vs -3.7%).
Brookfield Renewable Partners L.P. is a publicly traded limited partnership that owns and operates renewable power assets, with corporate headquarters in Toronto, Ontario, Canada. It is 60% owned by Brookfield Asset Management.
Brookfield Renewable Partners L.P. is a publicly traded limited partnership that owns and operates renewable power assets, with corporate headquarters in Toronto, Ontario, Canada. It is 60% owned by Brookfield Asset Management.
BEP vs BEPC — Head-to-Head
Income Statement — Q2 2025 vs Q2 2025
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $952.0M |
| Net Profit | $100.0M | $-1.4B |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 5.9% | -152.0% |
| Revenue YoY | 14.2% | -3.7% |
| Net Profit YoY | 213.6% | -326.8% |
| EPS (diluted) | $-0.22 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q2 25 | $1.7B | $952.0M | ||
| Q2 24 | $1.5B | $989.0M | ||
| Q2 23 | $1.2B | $901.0M | ||
| Q2 22 | $1.3B | $997.0M |
| Q2 25 | $100.0M | $-1.4B | ||
| Q2 24 | $-88.0M | $-339.0M | ||
| Q2 23 | $151.0M | $360.0M | ||
| Q2 22 | $122.0M | $1.1B |
| Q2 25 | 5.9% | -152.0% | ||
| Q2 24 | -5.9% | -34.3% | ||
| Q2 23 | 12.5% | 40.0% | ||
| Q2 22 | 9.6% | 114.0% |
| Q2 25 | $-0.22 | — | ||
| Q2 24 | $-0.28 | — | ||
| Q2 23 | $-0.10 | — | ||
| Q2 22 | $-0.03 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9B | $556.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $33.3B | $10.8B |
| Total Assets | $98.6B | $46.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | $1.9B | $556.0M | ||
| Q2 24 | $1.2B | $614.0M | ||
| Q2 23 | $1.2B | $595.0M | ||
| Q2 22 | $1.1B | $790.0M |
| Q2 25 | $33.3B | $10.8B | ||
| Q2 24 | $28.0B | $14.8B | ||
| Q2 23 | $28.5B | $16.5B | ||
| Q2 22 | $23.0B | $13.8B |
| Q2 25 | $98.6B | $46.0B | ||
| Q2 24 | $73.8B | $42.6B | ||
| Q2 23 | $65.9B | $44.2B | ||
| Q2 22 | $57.0B | $41.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $379.0M | $139.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 3.79× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | $379.0M | $139.0M | ||
| Q2 24 | $231.0M | $140.0M | ||
| Q2 23 | $382.0M | $253.0M | ||
| Q2 22 | $438.0M | $323.0M |
| Q2 25 | 3.79× | — | ||
| Q2 24 | — | — | ||
| Q2 23 | 2.53× | 0.70× | ||
| Q2 22 | 3.59× | 0.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
