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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and Excelerate Energy, Inc. (EE). 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 $317.6M, roughly 5.3× Excelerate Energy, Inc.). On growth, Excelerate Energy, Inc. posted the faster year-over-year revenue change (15.7% vs 14.2%).

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.

Excelerate Energy, Inc. is a global leading provider of flexible liquefied natural gas (LNG) solutions, offering floating storage and regasification units, LNG delivery services and integrated infrastructure projects. It serves utility and industrial clients across Europe, Asia, Latin America and the Middle East, supporting markets to achieve accessible low-carbon energy transitions.

BEP vs EE — Head-to-Head

Bigger by revenue
BEP
BEP
5.3× larger
BEP
$1.7B
$317.6M
EE
Growing faster (revenue YoY)
EE
EE
+1.5% gap
EE
15.7%
14.2%
BEP

Income Statement — Q2 2025 vs Q4 2025

Metric
BEP
BEP
EE
EE
Revenue
$1.7B
$317.6M
Net Profit
$100.0M
Gross Margin
Operating Margin
22.2%
Net Margin
5.9%
Revenue YoY
14.2%
15.7%
Net Profit YoY
213.6%
EPS (diluted)
$-0.22
$0.24

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
EE
EE
Q4 25
$317.6M
Q3 25
$391.0M
Q2 25
$1.7B
$204.6M
Q1 25
$315.1M
Q4 24
$274.6M
Q3 24
$193.4M
Q2 24
$1.5B
$183.3M
Q1 24
$200.1M
Net Profit
BEP
BEP
EE
EE
Q4 25
Q3 25
Q2 25
$100.0M
Q1 25
Q4 24
Q3 24
Q2 24
$-88.0M
Q1 24
Operating Margin
BEP
BEP
EE
EE
Q4 25
22.2%
Q3 25
22.3%
Q2 25
21.2%
Q1 25
20.9%
Q4 24
21.9%
Q3 24
30.9%
Q2 24
27.2%
Q1 24
22.6%
Net Margin
BEP
BEP
EE
EE
Q4 25
Q3 25
Q2 25
5.9%
Q1 25
Q4 24
Q3 24
Q2 24
-5.9%
Q1 24
EPS (diluted)
BEP
BEP
EE
EE
Q4 25
$0.24
Q3 25
$0.43
Q2 25
$-0.22
$0.15
Q1 25
$0.46
Q4 24
$0.42
Q3 24
$0.35
Q2 24
$-0.28
$0.26
Q1 24
$0.24

Balance Sheet & Financial Strength

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

Metric
BEP
BEP
EE
EE
Cash + ST InvestmentsLiquidity on hand
$1.9B
$538.2M
Total DebtLower is stronger
$936.3M
Stockholders' EquityBook value
$33.3B
$2.2B
Total Assets
$98.6B
$4.1B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
EE
EE
Q4 25
$538.2M
Q3 25
$462.6M
Q2 25
$1.9B
$426.0M
Q1 25
$619.5M
Q4 24
$537.5M
Q3 24
$608.4M
Q2 24
$1.2B
$609.1M
Q1 24
$578.9M
Total Debt
BEP
BEP
EE
EE
Q4 25
$936.3M
Q3 25
$942.0M
Q2 25
$946.2M
Q1 25
$322.6M
Q4 24
$333.6M
Q3 24
$345.7M
Q2 24
$356.4M
Q1 24
$366.9M
Stockholders' Equity
BEP
BEP
EE
EE
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$33.3B
$2.1B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.9B
Q2 24
$28.0B
$1.8B
Q1 24
$1.8B
Total Assets
BEP
BEP
EE
EE
Q4 25
$4.1B
Q3 25
$4.1B
Q2 25
$98.6B
$4.0B
Q1 25
$2.9B
Q4 24
$2.9B
Q3 24
$2.9B
Q2 24
$73.8B
$2.9B
Q1 24
$2.9B
Debt / Equity
BEP
BEP
EE
EE
Q4 25
0.42×
Q3 25
0.43×
Q2 25
0.44×
Q1 25
0.17×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.19×
Q1 24
0.20×

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
EE
EE
Operating Cash FlowLast quarter
$379.0M
$104.4M
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.

Operating Cash Flow
BEP
BEP
EE
EE
Q4 25
$104.4M
Q3 25
$114.9M
Q2 25
$379.0M
$87.1M
Q1 25
$154.8M
Q4 24
$49.6M
Q3 24
$39.8M
Q2 24
$231.0M
$90.4M
Q1 24
$64.7M
Cash Conversion
BEP
BEP
EE
EE
Q4 25
Q3 25
Q2 25
3.79×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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