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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and Digital Realty (DLR). 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 $1.6B, roughly 1.0× Digital Realty). Digital Realty runs the higher net margin — 6.0% vs 5.9%, a 0.1% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs 14.2%).
Brookfield Renewable Partners L.P.BEPEarnings & Financial Report
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.
Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation, and interconnection services.
BEP vs DLR — Head-to-Head
Income Statement — Q2 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $1.6B |
| Net Profit | $100.0M | $98.6M |
| Gross Margin | — | — |
| Operating Margin | — | 6.9% |
| Net Margin | 5.9% | 6.0% |
| Revenue YoY | 14.2% | 16.1% |
| Net Profit YoY | 213.6% | -10.3% |
| EPS (diluted) | $-0.22 | $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.
| Q1 26 | — | $1.6B | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | $1.5B | $1.4B |
| Q1 26 | — | $98.6M | ||
| Q4 25 | — | $98.6M | ||
| Q3 25 | — | $67.8M | ||
| Q2 25 | $100.0M | $1.0B | ||
| Q1 25 | — | $110.0M | ||
| Q4 24 | — | $189.6M | ||
| Q3 24 | — | $51.2M | ||
| Q2 24 | $-88.0M | $80.2M |
| Q1 26 | — | 6.9% | ||
| Q4 25 | — | 6.9% | ||
| Q3 25 | — | 8.8% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 13.9% | ||
| Q4 24 | — | 10.1% | ||
| Q3 24 | — | 11.8% | ||
| Q2 24 | — | 0.7% |
| Q1 26 | — | 6.0% | ||
| Q4 25 | — | 6.0% | ||
| Q3 25 | — | 4.3% | ||
| Q2 25 | 5.9% | 69.1% | ||
| Q1 25 | — | 7.8% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | -5.9% | 5.9% |
| Q1 26 | — | $0.22 | ||
| Q4 25 | — | $0.22 | ||
| Q3 25 | — | $0.15 | ||
| Q2 25 | $-0.22 | $2.94 | ||
| Q1 25 | — | $0.27 | ||
| Q4 24 | — | $0.50 | ||
| Q3 24 | — | $0.09 | ||
| Q2 24 | $-0.28 | $0.20 |
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 | $3.5B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $33.3B | $22.9B |
| Total Assets | $98.6B | $49.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $3.5B | ||
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | $1.9B | $3.6B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | $1.2B | $2.3B |
| Q1 26 | — | $22.9B | ||
| Q4 25 | — | $22.9B | ||
| Q3 25 | — | $23.0B | ||
| Q2 25 | $33.3B | $22.9B | ||
| Q1 25 | — | $21.3B | ||
| Q4 24 | — | $21.3B | ||
| Q3 24 | — | $21.2B | ||
| Q2 24 | $28.0B | $20.5B |
| Q1 26 | — | $49.4B | ||
| Q4 25 | — | $49.4B | ||
| Q3 25 | — | $48.7B | ||
| Q2 25 | $98.6B | $48.7B | ||
| Q1 25 | — | $45.1B | ||
| Q4 24 | — | $45.3B | ||
| Q3 24 | — | $45.3B | ||
| Q2 24 | $73.8B | $43.6B |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | — | $719.0M | ||
| Q3 25 | — | $652.9M | ||
| Q2 25 | $379.0M | $641.2M | ||
| Q1 25 | — | $399.1M | ||
| Q4 24 | — | $769.5M | ||
| Q3 24 | — | $566.5M | ||
| Q2 24 | $231.0M | $573.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 7.29× | ||
| Q3 25 | — | 9.63× | ||
| Q2 25 | 3.79× | 0.62× | ||
| Q1 25 | — | 3.63× | ||
| Q4 24 | — | 4.06× | ||
| Q3 24 | — | 11.07× | ||
| Q2 24 | — | 7.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
