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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and CANADIAN PACIFIC KANSAS CITY LTD (CP). Click either name above to swap in a different company.

CANADIAN PACIFIC KANSAS CITY LTD is the larger business by last-quarter revenue ($2.8B vs $1.7B, roughly 1.7× Brookfield Renewable Partners L.P.). CANADIAN PACIFIC KANSAS CITY LTD runs the higher net margin — 27.7% vs 5.9%, a 21.7% gap on every dollar of revenue. On growth, Brookfield Renewable Partners L.P. posted the faster year-over-year revenue change (14.2% vs 1.3%).

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.

The Canadian National Railway Company is a Canadian Class I freight railway headquartered in Montreal, Quebec, which serves Canada and the Midwestern and Southern United States. It is one of Canada's two main freight rail companies, along with Canadian Pacific Kansas City.

BEP vs CP — Head-to-Head

Bigger by revenue
CP
CP
1.7× larger
CP
$2.8B
$1.7B
BEP
Growing faster (revenue YoY)
BEP
BEP
+12.9% gap
BEP
14.2%
1.3%
CP
Higher net margin
CP
CP
21.7% more per $
CP
27.7%
5.9%
BEP

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BEP
BEP
CP
CP
Revenue
$1.7B
$2.8B
Net Profit
$100.0M
$786.2M
Gross Margin
Operating Margin
41.4%
Net Margin
5.9%
27.7%
Revenue YoY
14.2%
1.3%
Net Profit YoY
213.6%
-10.3%
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.

Revenue
BEP
BEP
CP
CP
Q4 25
$2.8B
Q3 25
$2.7B
Q2 25
$1.7B
$2.7B
Q1 25
$2.8B
Q4 24
$2.8B
Q3 24
$2.6B
Q2 24
$1.5B
$2.6B
Q1 24
$2.5B
Net Profit
BEP
BEP
CP
CP
Q4 25
$786.2M
Q3 25
$671.6M
Q2 25
$100.0M
$900.8M
Q1 25
$664.3M
Q4 24
$876.7M
Q3 24
$611.0M
Q2 24
$-88.0M
$660.6M
Q1 24
$565.8M
Operating Margin
BEP
BEP
CP
CP
Q4 25
41.4%
Q3 25
36.8%
Q2 25
36.6%
Q1 25
35.0%
Q4 24
40.6%
Q3 24
34.3%
Q2 24
35.4%
Q1 24
32.9%
Net Margin
BEP
BEP
CP
CP
Q4 25
27.7%
Q3 25
25.3%
Q2 25
5.9%
33.6%
Q1 25
24.2%
Q4 24
31.2%
Q3 24
23.9%
Q2 24
-5.9%
25.3%
Q1 24
22.2%
EPS (diluted)
BEP
BEP
CP
CP
Q4 25
Q3 25
Q2 25
$-0.22
Q1 25
Q4 24
Q3 24
Q2 24
$-0.28
Q1 24

Balance Sheet & Financial Strength

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

Metric
BEP
BEP
CP
CP
Cash + ST InvestmentsLiquidity on hand
$1.9B
$134.3M
Total DebtLower is stronger
$14.6B
Stockholders' EquityBook value
$33.3B
$33.5B
Total Assets
$98.6B
$62.7B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
CP
CP
Q4 25
$134.3M
Q3 25
$300.0M
Q2 25
$1.9B
$583.3M
Q1 25
$507.4M
Q4 24
$539.5M
Q3 24
$338.0M
Q2 24
$1.2B
$406.6M
Q1 24
$378.9M
Total Debt
BEP
BEP
CP
CP
Q4 25
$14.6B
Q3 25
$15.8B
Q2 25
$15.5B
Q1 25
$15.4B
Q4 24
$14.5B
Q3 24
$13.7B
Q2 24
$13.8B
Q1 24
$13.7B
Stockholders' Equity
BEP
BEP
CP
CP
Q4 25
$33.5B
Q3 25
$33.4B
Q2 25
$33.3B
$33.7B
Q1 25
$35.2B
Q4 24
$35.0B
Q3 24
$32.2B
Q2 24
$28.0B
$32.0B
Q1 24
$31.3B
Total Assets
BEP
BEP
CP
CP
Q4 25
$62.7B
Q3 25
$63.3B
Q2 25
$98.6B
$62.2B
Q1 25
$64.3B
Q4 24
$64.1B
Q3 24
$60.0B
Q2 24
$73.8B
$60.4B
Q1 24
$59.6B
Debt / Equity
BEP
BEP
CP
CP
Q4 25
0.43×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.44×
Q4 24
0.41×
Q3 24
0.42×
Q2 24
0.43×
Q1 24
0.44×

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
CP
CP
Operating Cash FlowLast quarter
$379.0M
$1.1B
Free Cash FlowOCF − Capex
$537.3M
FCF MarginFCF / Revenue
18.9%
Capex IntensityCapex / Revenue
20.2%
Cash ConversionOCF / Net Profit
3.79×
1.42×
TTM Free Cash FlowTrailing 4 quarters
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
CP
CP
Q4 25
$1.1B
Q3 25
$930.0M
Q2 25
$379.0M
$989.1M
Q1 25
$843.9M
Q4 24
$1.2B
Q3 24
$928.6M
Q2 24
$231.0M
$932.9M
Q1 24
$741.0M
Free Cash Flow
BEP
BEP
CP
CP
Q4 25
$537.3M
Q3 25
$302.2M
Q2 25
$446.8M
Q1 25
$324.9M
Q4 24
$702.3M
Q3 24
$382.5M
Q2 24
$343.1M
Q1 24
$356.2M
FCF Margin
BEP
BEP
CP
CP
Q4 25
18.9%
Q3 25
11.4%
Q2 25
16.7%
Q1 25
11.8%
Q4 24
25.0%
Q3 24
15.0%
Q2 24
13.1%
Q1 24
14.0%
Capex Intensity
BEP
BEP
CP
CP
Q4 25
20.2%
Q3 25
23.7%
Q2 25
20.2%
Q1 25
18.9%
Q4 24
19.3%
Q3 24
21.4%
Q2 24
22.6%
Q1 24
15.1%
Cash Conversion
BEP
BEP
CP
CP
Q4 25
1.42×
Q3 25
1.38×
Q2 25
3.79×
1.10×
Q1 25
1.27×
Q4 24
1.42×
Q3 24
1.52×
Q2 24
1.41×
Q1 24
1.31×

Financial Flow Comparison

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

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