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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and IDEX Corporation (IEX). 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 $398.4M, roughly 4.2× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs 5.9%, a 24.2% gap on every dollar of revenue. On growth, Brookfield Renewable Partners L.P. posted the faster year-over-year revenue change (14.2% vs 8.9%).

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.

IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.

BEP vs IEX — Head-to-Head

Bigger by revenue
BEP
BEP
4.2× larger
BEP
$1.7B
$398.4M
IEX
Growing faster (revenue YoY)
BEP
BEP
+5.3% gap
BEP
14.2%
8.9%
IEX
Higher net margin
IEX
IEX
24.2% more per $
IEX
30.1%
5.9%
BEP

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
BEP
BEP
IEX
IEX
Revenue
$1.7B
$398.4M
Net Profit
$100.0M
$120.0M
Gross Margin
99.9%
Operating Margin
43.3%
Net Margin
5.9%
30.1%
Revenue YoY
14.2%
8.9%
Net Profit YoY
213.6%
25.7%
EPS (diluted)
$-0.22
$1.61

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
IEX
IEX
Q2 26
$398.4M
Q1 26
$407.7M
Q4 25
$899.1M
Q3 25
$878.7M
Q2 25
$1.7B
$865.4M
Q1 25
$814.3M
Q4 24
$862.9M
Q3 24
$798.2M
Net Profit
BEP
BEP
IEX
IEX
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$128.3M
Q3 25
$127.8M
Q2 25
$100.0M
$131.6M
Q1 25
$95.5M
Q4 24
$123.2M
Q3 24
$119.1M
Gross Margin
BEP
BEP
IEX
IEX
Q2 26
99.9%
Q1 26
94.9%
Q4 25
43.1%
Q3 25
44.5%
Q2 25
45.3%
Q1 25
45.3%
Q4 24
42.5%
Q3 24
44.3%
Operating Margin
BEP
BEP
IEX
IEX
Q2 26
43.3%
Q1 26
45.0%
Q4 25
20.4%
Q3 25
21.1%
Q2 25
21.7%
Q1 25
17.4%
Q4 24
19.2%
Q3 24
21.0%
Net Margin
BEP
BEP
IEX
IEX
Q2 26
30.1%
Q1 26
31.5%
Q4 25
14.3%
Q3 25
14.5%
Q2 25
5.9%
15.2%
Q1 25
11.7%
Q4 24
14.3%
Q3 24
14.9%
EPS (diluted)
BEP
BEP
IEX
IEX
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$1.71
Q3 25
$1.70
Q2 25
$-0.22
$1.74
Q1 25
$1.26
Q4 24
$1.61
Q3 24
$1.57

Balance Sheet & Financial Strength

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

Metric
BEP
BEP
IEX
IEX
Cash + ST InvestmentsLiquidity on hand
$1.9B
$586.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$33.3B
$4.0B
Total Assets
$98.6B
$6.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
IEX
IEX
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$580.0M
Q3 25
$593.8M
Q2 25
$1.9B
$568.2M
Q1 25
$594.1M
Q4 24
$620.8M
Q3 24
$633.2M
Total Debt
BEP
BEP
IEX
IEX
Q2 26
Q1 26
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Stockholders' Equity
BEP
BEP
IEX
IEX
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$4.0B
Q3 25
$4.0B
Q2 25
$33.3B
$4.0B
Q1 25
$3.9B
Q4 24
$3.8B
Q3 24
$3.8B
Total Assets
BEP
BEP
IEX
IEX
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$6.9B
Q3 25
$7.0B
Q2 25
$98.6B
$6.9B
Q1 25
$6.8B
Q4 24
$6.7B
Q3 24
$7.0B
Debt / Equity
BEP
BEP
IEX
IEX
Q2 26
Q1 26
Q4 25
0.45×
Q3 25
0.48×
Q2 25
0.46×
Q1 25
0.50×
Q4 24
0.52×
Q3 24
0.55×

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
IEX
IEX
Operating Cash FlowLast quarter
$379.0M
Free Cash FlowOCF − Capex
$86.0M
FCF MarginFCF / Revenue
21.6%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
3.79×
TTM Free Cash FlowTrailing 4 quarters
$654.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
IEX
IEX
Q2 26
Q1 26
Q4 25
$209.5M
Q3 25
$203.5M
Q2 25
$379.0M
$161.7M
Q1 25
$105.7M
Q4 24
$172.6M
Q3 24
$205.3M
Free Cash Flow
BEP
BEP
IEX
IEX
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$189.8M
Q3 25
$188.7M
Q2 25
$146.9M
Q1 25
$91.4M
Q4 24
$157.1M
Q3 24
$191.6M
FCF Margin
BEP
BEP
IEX
IEX
Q2 26
21.6%
Q1 26
46.6%
Q4 25
21.1%
Q3 25
21.5%
Q2 25
17.0%
Q1 25
11.2%
Q4 24
18.2%
Q3 24
24.0%
Capex Intensity
BEP
BEP
IEX
IEX
Q2 26
4.4%
Q1 26
15.6%
Q4 25
2.2%
Q3 25
1.7%
Q2 25
1.7%
Q1 25
1.8%
Q4 24
1.8%
Q3 24
1.7%
Cash Conversion
BEP
BEP
IEX
IEX
Q2 26
Q1 26
Q4 25
1.63×
Q3 25
1.59×
Q2 25
3.79×
1.23×
Q1 25
1.11×
Q4 24
1.40×
Q3 24
1.72×

Financial Flow Comparison

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

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