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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and F&G Annuities & Life, Inc. (FG). Click either name above to swap in a different company.
F&G Annuities & Life, Inc. is the larger business by last-quarter revenue ($1.8B vs $1.7B, roughly 1.0× Brookfield Renewable Partners L.P.). F&G Annuities & Life, Inc. runs the higher net margin — 7.3% vs 5.9%, a 1.3% gap on every dollar of revenue. On growth, Brookfield Renewable Partners L.P. posted the faster year-over-year revenue change (14.2% vs 13.2%).
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.
F&G Annuities & Life, Inc. is a public company headquartered in Des Moines, Iowa. It primarily provides annuities, life insurance, and pension buyout services. The company was founded in 1959.
BEP vs FG — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.7B | $1.8B |
| Net Profit | $100.0M | $128.0M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 5.9% | 7.3% |
| Revenue YoY | 14.2% | 13.2% |
| Net Profit YoY | 213.6% | -60.9% |
| EPS (diluted) | $-0.22 | $0.97 |
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.
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $1.7B | $1.4B | ||
| Q1 25 | — | $908.0M | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | $1.5B | $1.2B | ||
| Q1 24 | — | $1.6B |
| Q4 25 | — | $128.0M | ||
| Q3 25 | — | $118.0M | ||
| Q2 25 | $100.0M | $40.0M | ||
| Q1 25 | — | $-21.0M | ||
| Q4 24 | — | $327.0M | ||
| Q3 24 | — | $-6.0M | ||
| Q2 24 | $-88.0M | $203.0M | ||
| Q1 24 | — | $115.0M |
| Q4 25 | — | 7.3% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | 5.9% | 2.9% | ||
| Q1 25 | — | -2.3% | ||
| Q4 24 | — | 21.0% | ||
| Q3 24 | — | -0.4% | ||
| Q2 24 | -5.9% | 17.3% | ||
| Q1 24 | — | 7.3% |
| Q4 25 | — | $0.97 | ||
| Q3 25 | — | $0.85 | ||
| Q2 25 | $-0.22 | $0.26 | ||
| Q1 25 | — | $-0.20 | ||
| Q4 24 | — | $2.53 | ||
| Q3 24 | — | $-0.08 | ||
| Q2 24 | $-0.28 | $1.55 | ||
| Q1 24 | — | $0.88 |
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 | $1.5B |
| Total DebtLower is stronger | — | $2.2B |
| Stockholders' EquityBook value | $33.3B | $4.8B |
| Total Assets | $98.6B | $98.4B |
| Debt / EquityLower = less leverage | — | 0.47× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | $1.9B | $1.9B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | $1.2B | $3.5B | ||
| Q1 24 | — | $2.4B |
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $1.7B |
| Q4 25 | — | $4.8B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | $33.3B | $4.4B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | $28.0B | $3.7B | ||
| Q1 24 | — | $3.5B |
| Q4 25 | — | $98.4B | ||
| Q3 25 | — | $96.1B | ||
| Q2 25 | $98.6B | $91.8B | ||
| Q1 25 | — | $88.0B | ||
| Q4 24 | — | $85.0B | ||
| Q3 24 | — | $84.1B | ||
| Q2 24 | $73.8B | $78.5B | ||
| Q1 24 | — | $74.4B |
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.46× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | — | 0.55× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.56× | ||
| Q1 24 | — | 0.49× |
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 | $1.2B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 3.79× | 9.13× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $937.0M | ||
| Q2 25 | $379.0M | $1.6B | ||
| Q1 25 | — | $956.0M | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | $231.0M | $1.1B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | — | 9.13× | ||
| Q3 25 | — | 7.94× | ||
| Q2 25 | 3.79× | 40.50× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.04× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 5.20× | ||
| Q1 24 | — | 13.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.