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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and Core & Main, Inc. (CNM). Click either name above to swap in a different company.

Core & Main, Inc. is the larger business by last-quarter revenue ($2.1B vs $1.7B, roughly 1.2× Brookfield Renewable Partners L.P.). Core & Main, Inc. runs the higher net margin — 6.6% vs 5.9%, a 0.7% gap on every dollar of revenue. On growth, Brookfield Renewable Partners L.P. posted the faster year-over-year revenue change (14.2% vs 0.0%).

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.

Core & Main, headquartered in St. Louis, Missouri, distributes products used for water, wastewater, storm drainage, and fire protection in the United States. Customers include municipalities, private water companies, and professional contractors. The company has 370 branch locations in 49 U.S. states, 60,000 customers, and sells 225,000 products.

BEP vs CNM — Head-to-Head

Bigger by revenue
CNM
CNM
1.2× larger
CNM
$2.1B
$1.7B
BEP
Growing faster (revenue YoY)
BEP
BEP
+14.2% gap
BEP
14.2%
0.0%
CNM
Higher net margin
CNM
CNM
0.7% more per $
CNM
6.6%
5.9%
BEP

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
BEP
BEP
CNM
CNM
Revenue
$1.7B
$2.1B
Net Profit
$100.0M
$137.0M
Gross Margin
27.2%
Operating Margin
10.7%
Net Margin
5.9%
6.6%
Revenue YoY
14.2%
0.0%
Net Profit YoY
213.6%
0.0%
EPS (diluted)
$-0.22
$0.72

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.

Revenue
BEP
BEP
CNM
CNM
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$1.7B
$1.9B
Q1 25
$1.7B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$1.5B
$1.7B
Q1 24
$1.4B
Net Profit
BEP
BEP
CNM
CNM
Q4 25
$137.0M
Q3 25
$134.0M
Q2 25
$100.0M
$100.0M
Q1 25
$64.0M
Q4 24
$133.0M
Q3 24
$119.0M
Q2 24
$-88.0M
$95.0M
Q1 24
$63.0M
Gross Margin
BEP
BEP
CNM
CNM
Q4 25
27.2%
Q3 25
26.8%
Q2 25
26.7%
Q1 25
26.6%
Q4 24
26.6%
Q3 24
26.4%
Q2 24
26.9%
Q1 24
26.7%
Operating Margin
BEP
BEP
CNM
CNM
Q4 25
10.7%
Q3 25
10.2%
Q2 25
8.9%
Q1 25
7.3%
Q4 24
10.9%
Q3 24
10.4%
Q2 24
9.6%
Q1 24
8.1%
Net Margin
BEP
BEP
CNM
CNM
Q4 25
6.6%
Q3 25
6.4%
Q2 25
5.9%
5.2%
Q1 25
3.8%
Q4 24
6.5%
Q3 24
6.1%
Q2 24
-5.9%
5.5%
Q1 24
4.4%
EPS (diluted)
BEP
BEP
CNM
CNM
Q4 25
$0.72
Q3 25
$0.70
Q2 25
$-0.22
$0.52
Q1 25
$0.34
Q4 24
$0.69
Q3 24
$0.61
Q2 24
$-0.28
$0.49
Q1 24
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEP
BEP
CNM
CNM
Cash + ST InvestmentsLiquidity on hand
$1.9B
$89.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$33.3B
$2.0B
Total Assets
$98.6B
$6.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
CNM
CNM
Q4 25
$89.0M
Q3 25
$25.0M
Q2 25
$1.9B
$8.0M
Q1 25
$8.0M
Q4 24
$10.0M
Q3 24
$13.0M
Q2 24
$1.2B
$30.0M
Q1 24
$1.0M
Stockholders' Equity
BEP
BEP
CNM
CNM
Q4 25
$2.0B
Q3 25
$1.9B
Q2 25
$33.3B
$1.7B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$1.6B
Q2 24
$28.0B
$1.6B
Q1 24
$1.5B
Total Assets
BEP
BEP
CNM
CNM
Q4 25
$6.3B
Q3 25
$6.3B
Q2 25
$98.6B
$6.3B
Q1 25
$5.9B
Q4 24
$6.2B
Q3 24
$6.1B
Q2 24
$73.8B
$6.0B
Q1 24
$5.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BEP
BEP
CNM
CNM
Operating Cash FlowLast quarter
$379.0M
$271.0M
Free Cash FlowOCF − Capex
$263.0M
FCF MarginFCF / Revenue
12.8%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
3.79×
1.98×
TTM Free Cash FlowTrailing 4 quarters
$575.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
CNM
CNM
Q4 25
$271.0M
Q3 25
$34.0M
Q2 25
$379.0M
$77.0M
Q1 25
$235.0M
Q4 24
$260.0M
Q3 24
$48.0M
Q2 24
$231.0M
$78.0M
Q1 24
$294.0M
Free Cash Flow
BEP
BEP
CNM
CNM
Q4 25
$263.0M
Q3 25
$24.0M
Q2 25
$64.0M
Q1 25
$224.0M
Q4 24
$252.0M
Q3 24
$39.0M
Q2 24
$71.0M
Q1 24
$289.0M
FCF Margin
BEP
BEP
CNM
CNM
Q4 25
12.8%
Q3 25
1.1%
Q2 25
3.3%
Q1 25
13.2%
Q4 24
12.4%
Q3 24
2.0%
Q2 24
4.1%
Q1 24
20.1%
Capex Intensity
BEP
BEP
CNM
CNM
Q4 25
0.4%
Q3 25
0.5%
Q2 25
0.7%
Q1 25
0.6%
Q4 24
0.4%
Q3 24
0.5%
Q2 24
0.4%
Q1 24
0.3%
Cash Conversion
BEP
BEP
CNM
CNM
Q4 25
1.98×
Q3 25
0.25×
Q2 25
3.79×
0.77×
Q1 25
3.67×
Q4 24
1.95×
Q3 24
0.40×
Q2 24
0.82×
Q1 24
4.67×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BEP
BEP

Segment breakdown not available.

CNM
CNM

Pipes Valves And Fitting Products$1.4B67%
Storm Drainage Products$333.0M16%
Meter Products$195.0M9%
Fire Protection Products$152.0M7%

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