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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and LCI INDUSTRIES (LCII). 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 $932.7M, roughly 1.8× LCI INDUSTRIES). Brookfield Renewable Partners L.P. runs the higher net margin — 5.9% vs 2.0%, a 3.9% gap on every dollar of revenue. On growth, LCI INDUSTRIES posted the faster year-over-year revenue change (16.1% 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.

Lucky Core Industries Limited, formerly known as ICI Pakistan, is a Pakistani conglomerate company headquartered in Karachi. It manufactures polyester, pharmaceutical, agrochemical, soda ash, and veterinary medicine.

BEP vs LCII — Head-to-Head

Bigger by revenue
BEP
BEP
1.8× larger
BEP
$1.7B
$932.7M
LCII
Growing faster (revenue YoY)
LCII
LCII
+2.0% gap
LCII
16.1%
14.2%
BEP
Higher net margin
BEP
BEP
3.9% more per $
BEP
5.9%
2.0%
LCII

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BEP
BEP
LCII
LCII
Revenue
$1.7B
$932.7M
Net Profit
$100.0M
$18.7M
Gross Margin
22.1%
Operating Margin
3.8%
Net Margin
5.9%
2.0%
Revenue YoY
14.2%
16.1%
Net Profit YoY
213.6%
95.7%
EPS (diluted)
$-0.22
$0.79

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
LCII
LCII
Q4 25
$932.7M
Q3 25
$1.0B
Q2 25
$1.7B
$1.1B
Q1 25
$1.0B
Q4 24
$803.1M
Q3 24
$915.5M
Q2 24
$1.5B
$1.1B
Q1 24
$968.0M
Net Profit
BEP
BEP
LCII
LCII
Q4 25
$18.7M
Q3 25
$62.5M
Q2 25
$100.0M
$57.6M
Q1 25
$49.4M
Q4 24
$9.5M
Q3 24
$35.6M
Q2 24
$-88.0M
$61.2M
Q1 24
$36.5M
Gross Margin
BEP
BEP
LCII
LCII
Q4 25
22.1%
Q3 25
24.4%
Q2 25
24.4%
Q1 25
24.1%
Q4 24
21.1%
Q3 24
24.0%
Q2 24
25.3%
Q1 24
23.1%
Operating Margin
BEP
BEP
LCII
LCII
Q4 25
3.8%
Q3 25
7.3%
Q2 25
7.9%
Q1 25
7.8%
Q4 24
2.0%
Q3 24
5.9%
Q2 24
8.6%
Q1 24
6.0%
Net Margin
BEP
BEP
LCII
LCII
Q4 25
2.0%
Q3 25
6.0%
Q2 25
5.9%
5.2%
Q1 25
4.7%
Q4 24
1.2%
Q3 24
3.9%
Q2 24
-5.9%
5.8%
Q1 24
3.8%
EPS (diluted)
BEP
BEP
LCII
LCII
Q4 25
$0.79
Q3 25
$2.55
Q2 25
$-0.22
$2.29
Q1 25
$1.94
Q4 24
$0.37
Q3 24
$1.39
Q2 24
$-0.28
$2.40
Q1 24
$1.44

Balance Sheet & Financial Strength

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

Metric
BEP
BEP
LCII
LCII
Cash + ST InvestmentsLiquidity on hand
$1.9B
$222.6M
Total DebtLower is stronger
$945.2M
Stockholders' EquityBook value
$33.3B
$1.4B
Total Assets
$98.6B
$3.2B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
LCII
LCII
Q4 25
$222.6M
Q3 25
$199.7M
Q2 25
$1.9B
$191.9M
Q1 25
$231.2M
Q4 24
$165.8M
Q3 24
$161.2M
Q2 24
$1.2B
$130.4M
Q1 24
$22.6M
Total Debt
BEP
BEP
LCII
LCII
Q4 25
$945.2M
Q3 25
$947.8M
Q2 25
$948.0M
Q1 25
$938.3M
Q4 24
$757.3M
Q3 24
$822.5M
Q2 24
$829.7M
Q1 24
$855.3M
Stockholders' Equity
BEP
BEP
LCII
LCII
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$33.3B
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$28.0B
$1.4B
Q1 24
$1.4B
Total Assets
BEP
BEP
LCII
LCII
Q4 25
$3.2B
Q3 25
$3.2B
Q2 25
$98.6B
$3.2B
Q1 25
$3.1B
Q4 24
$2.9B
Q3 24
$3.0B
Q2 24
$73.8B
$3.0B
Q1 24
$3.0B
Debt / Equity
BEP
BEP
LCII
LCII
Q4 25
0.69×
Q3 25
0.70×
Q2 25
0.68×
Q1 25
0.69×
Q4 24
0.55×
Q3 24
0.58×
Q2 24
0.60×
Q1 24
0.63×

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
LCII
LCII
Operating Cash FlowLast quarter
$379.0M
$78.9M
Free Cash FlowOCF − Capex
$64.3M
FCF MarginFCF / Revenue
6.9%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
3.79×
4.22×
TTM Free Cash FlowTrailing 4 quarters
$278.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
LCII
LCII
Q4 25
$78.9M
Q3 25
$97.2M
Q2 25
$379.0M
$112.2M
Q1 25
$42.7M
Q4 24
$106.6M
Q3 24
$78.4M
Q2 24
$231.0M
$192.9M
Q1 24
$-7.7M
Free Cash Flow
BEP
BEP
LCII
LCII
Q4 25
$64.3M
Q3 25
$80.9M
Q2 25
$99.5M
Q1 25
$33.7M
Q4 24
$95.7M
Q3 24
$68.3M
Q2 24
$180.2M
Q1 24
$-16.3M
FCF Margin
BEP
BEP
LCII
LCII
Q4 25
6.9%
Q3 25
7.8%
Q2 25
9.0%
Q1 25
3.2%
Q4 24
11.9%
Q3 24
7.5%
Q2 24
17.1%
Q1 24
-1.7%
Capex Intensity
BEP
BEP
LCII
LCII
Q4 25
1.6%
Q3 25
1.6%
Q2 25
1.2%
Q1 25
0.9%
Q4 24
1.4%
Q3 24
1.1%
Q2 24
1.2%
Q1 24
0.9%
Cash Conversion
BEP
BEP
LCII
LCII
Q4 25
4.22×
Q3 25
1.55×
Q2 25
3.79×
1.95×
Q1 25
0.86×
Q4 24
11.17×
Q3 24
2.20×
Q2 24
3.15×
Q1 24
-0.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BEP
BEP

Segment breakdown not available.

LCII
LCII

Travel Trailer And Fifth Wheels$378.4M41%
Chassis Chassis Partsand Slideout Mechanisms$206.1M22%
Furnitureand Mattresses$120.4M13%
Appliances$69.9M7%
Other Products$69.1M7%
Axlesand Suspension Solutions$62.3M7%
Motorhomes$34.2M4%

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