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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and Hilton Grand Vacations Inc. (HGV). 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 $1.2B, roughly 1.4× Hilton Grand Vacations Inc.). Brookfield Renewable Partners L.P. runs the higher net margin — 5.9% vs 4.0%, a 1.9% gap on every dollar of revenue. On growth, Brookfield Renewable Partners L.P. posted the faster year-over-year revenue change (14.2% vs 3.7%).

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.

Hilton Grand Vacations Inc. is a multi-national company that is based in Orlando, Florida, United States. It manages and operates the Hilton Worldwide timeshare and vacation ownership brands under an exclusive licensing agreement with Hilton Worldwide. HGV was formerly a wholly owned subsidiary of Hilton Worldwide until it was spun off into a publicly traded company in 2017. Even though HGV is an independent company post spin-off, Hilton Worldwide still retains full ownership of the Hilton Gr...

BEP vs HGV — Head-to-Head

Bigger by revenue
BEP
BEP
1.4× larger
BEP
$1.7B
$1.2B
HGV
Growing faster (revenue YoY)
BEP
BEP
+10.4% gap
BEP
14.2%
3.7%
HGV
Higher net margin
BEP
BEP
1.9% more per $
BEP
5.9%
4.0%
HGV

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BEP
BEP
HGV
HGV
Revenue
$1.7B
$1.2B
Net Profit
$100.0M
$48.0M
Gross Margin
Operating Margin
7.8%
Net Margin
5.9%
4.0%
Revenue YoY
14.2%
3.7%
Net Profit YoY
213.6%
140.0%
EPS (diluted)
$-0.22
$0.53

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
HGV
HGV
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.7B
$1.1B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.2B
Q2 24
$1.5B
$1.1B
Q1 24
$1.0B
Net Profit
BEP
BEP
HGV
HGV
Q4 25
$48.0M
Q3 25
$25.0M
Q2 25
$100.0M
$25.0M
Q1 25
$-17.0M
Q4 24
$20.0M
Q3 24
$29.0M
Q2 24
$-88.0M
$2.0M
Q1 24
$-4.0M
Operating Margin
BEP
BEP
HGV
HGV
Q4 25
7.8%
Q3 25
3.9%
Q2 25
3.8%
Q1 25
-0.6%
Q4 24
4.3%
Q3 24
7.9%
Q2 24
0.6%
Q1 24
-1.3%
Net Margin
BEP
BEP
HGV
HGV
Q4 25
4.0%
Q3 25
2.1%
Q2 25
5.9%
2.2%
Q1 25
-1.7%
Q4 24
1.7%
Q3 24
2.5%
Q2 24
-5.9%
0.2%
Q1 24
-0.4%
EPS (diluted)
BEP
BEP
HGV
HGV
Q4 25
$0.53
Q3 25
$0.28
Q2 25
$-0.22
$0.25
Q1 25
$-0.17
Q4 24
$0.19
Q3 24
$0.28
Q2 24
$-0.28
$0.02
Q1 24
$-0.04

Balance Sheet & Financial Strength

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

Metric
BEP
BEP
HGV
HGV
Cash + ST InvestmentsLiquidity on hand
$1.9B
$239.0M
Total DebtLower is stronger
$4.5B
Stockholders' EquityBook value
$33.3B
$1.3B
Total Assets
$98.6B
$11.5B
Debt / EquityLower = less leverage
3.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
HGV
HGV
Q4 25
$239.0M
Q3 25
$215.0M
Q2 25
$1.9B
$269.0M
Q1 25
$259.0M
Q4 24
$328.0M
Q3 24
$297.0M
Q2 24
$1.2B
$328.0M
Q1 24
$355.0M
Total Debt
BEP
BEP
HGV
HGV
Q4 25
$4.5B
Q3 25
$4.7B
Q2 25
$4.6B
Q1 25
$4.5B
Q4 24
$4.6B
Q3 24
$5.0B
Q2 24
$4.9B
Q1 24
$5.1B
Stockholders' Equity
BEP
BEP
HGV
HGV
Q4 25
$1.3B
Q3 25
$1.4B
Q2 25
$33.3B
$1.5B
Q1 25
$1.6B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$28.0B
$1.9B
Q1 24
$2.0B
Total Assets
BEP
BEP
HGV
HGV
Q4 25
$11.5B
Q3 25
$11.7B
Q2 25
$98.6B
$11.7B
Q1 25
$11.8B
Q4 24
$11.4B
Q3 24
$11.2B
Q2 24
$73.8B
$11.5B
Q1 24
$11.7B
Debt / Equity
BEP
BEP
HGV
HGV
Q4 25
3.53×
Q3 25
3.41×
Q2 25
3.07×
Q1 25
2.83×
Q4 24
2.63×
Q3 24
2.73×
Q2 24
2.55×
Q1 24
2.57×

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
HGV
HGV
Operating Cash FlowLast quarter
$379.0M
$167.0M
Free Cash FlowOCF − Capex
$147.0M
FCF MarginFCF / Revenue
12.3%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
3.79×
3.48×
TTM Free Cash FlowTrailing 4 quarters
$230.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
HGV
HGV
Q4 25
$167.0M
Q3 25
$34.0M
Q2 25
$379.0M
$61.0M
Q1 25
$38.0M
Q4 24
$105.0M
Q3 24
$91.0M
Q2 24
$231.0M
$113.0M
Q1 24
$0
Free Cash Flow
BEP
BEP
HGV
HGV
Q4 25
$147.0M
Q3 25
$13.0M
Q2 25
$46.0M
Q1 25
$24.0M
Q4 24
$90.0M
Q3 24
$81.0M
Q2 24
$106.0M
Q1 24
FCF Margin
BEP
BEP
HGV
HGV
Q4 25
12.3%
Q3 25
1.1%
Q2 25
4.0%
Q1 25
2.4%
Q4 24
7.8%
Q3 24
6.9%
Q2 24
9.6%
Q1 24
Capex Intensity
BEP
BEP
HGV
HGV
Q4 25
1.7%
Q3 25
1.8%
Q2 25
1.3%
Q1 25
1.4%
Q4 24
1.3%
Q3 24
0.9%
Q2 24
0.6%
Q1 24
1.0%
Cash Conversion
BEP
BEP
HGV
HGV
Q4 25
3.48×
Q3 25
1.36×
Q2 25
3.79×
2.44×
Q1 25
Q4 24
5.25×
Q3 24
3.14×
Q2 24
56.50×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BEP
BEP

Segment breakdown not available.

HGV
HGV

Sales Of Vacation Ownership Intervals Net$492.0M41%
Fee For Services Commissions Package Sales And Other Fees$169.0M14%
Cost Reimbursements$141.0M12%
Resort Management$118.0M10%
Other$116.0M10%
Club Management$101.0M8%
Related Party$42.0M4%
Ancillary Services$13.0M1%

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