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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and Matson, Inc. (MATX). 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 $851.9M, roughly 2.0× Matson, Inc.). Matson, Inc. runs the higher net margin — 16.8% vs 5.9%, a 10.9% gap on every dollar of revenue. On growth, Brookfield Renewable Partners L.P. posted the faster year-over-year revenue change (14.2% vs -4.3%).

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.

Matson, Inc., is an American shipping and navigation services company headquartered in Honolulu, Hawaii. Founded in 1882, Matson, Inc.'s subsidiary Matson Navigation Company provides ocean shipping services across the Pacific to Hawaii, Alaska, Guam, Micronesia, the Pacific islands, China, and Japan.

BEP vs MATX — Head-to-Head

Bigger by revenue
BEP
BEP
2.0× larger
BEP
$1.7B
$851.9M
MATX
Growing faster (revenue YoY)
BEP
BEP
+18.5% gap
BEP
14.2%
-4.3%
MATX
Higher net margin
MATX
MATX
10.9% more per $
MATX
16.8%
5.9%
BEP

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BEP
BEP
MATX
MATX
Revenue
$1.7B
$851.9M
Net Profit
$100.0M
$143.1M
Gross Margin
Operating Margin
16.9%
Net Margin
5.9%
16.8%
Revenue YoY
14.2%
-4.3%
Net Profit YoY
213.6%
11.8%
EPS (diluted)
$-0.22
$4.47

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
MATX
MATX
Q4 25
$851.9M
Q3 25
$880.1M
Q2 25
$1.7B
$830.5M
Q1 25
$782.0M
Q4 24
$890.3M
Q3 24
$962.0M
Q2 24
$1.5B
$847.4M
Q1 24
$722.1M
Net Profit
BEP
BEP
MATX
MATX
Q4 25
$143.1M
Q3 25
$134.7M
Q2 25
$100.0M
$94.7M
Q1 25
$72.3M
Q4 24
$128.0M
Q3 24
$199.1M
Q2 24
$-88.0M
$113.2M
Q1 24
$36.1M
Operating Margin
BEP
BEP
MATX
MATX
Q4 25
16.9%
Q3 25
18.3%
Q2 25
13.6%
Q1 25
10.5%
Q4 24
16.6%
Q3 24
25.2%
Q2 24
14.7%
Q1 24
5.1%
Net Margin
BEP
BEP
MATX
MATX
Q4 25
16.8%
Q3 25
15.3%
Q2 25
5.9%
11.4%
Q1 25
9.2%
Q4 24
14.4%
Q3 24
20.7%
Q2 24
-5.9%
13.4%
Q1 24
5.0%
EPS (diluted)
BEP
BEP
MATX
MATX
Q4 25
$4.47
Q3 25
$4.24
Q2 25
$-0.22
$2.92
Q1 25
$2.18
Q4 24
$3.69
Q3 24
$5.89
Q2 24
$-0.28
$3.31
Q1 24
$1.04

Balance Sheet & Financial Strength

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

Metric
BEP
BEP
MATX
MATX
Cash + ST InvestmentsLiquidity on hand
$1.9B
$141.9M
Total DebtLower is stronger
$361.2M
Stockholders' EquityBook value
$33.3B
$2.8B
Total Assets
$98.6B
$4.6B
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
MATX
MATX
Q4 25
$141.9M
Q3 25
$92.7M
Q2 25
$1.9B
$59.1M
Q1 25
$122.0M
Q4 24
$266.8M
Q3 24
$270.3M
Q2 24
$1.2B
$168.2M
Q1 24
$25.9M
Total Debt
BEP
BEP
MATX
MATX
Q4 25
$361.2M
Q3 25
$370.9M
Q2 25
$341.3M
Q1 25
$351.1M
Q4 24
$361.2M
Q3 24
$370.9M
Q2 24
$381.0M
Q1 24
$390.8M
Stockholders' Equity
BEP
BEP
MATX
MATX
Q4 25
$2.8B
Q3 25
$2.7B
Q2 25
$33.3B
$2.6B
Q1 25
$2.6B
Q4 24
$2.7B
Q3 24
$2.6B
Q2 24
$28.0B
$2.4B
Q1 24
$2.4B
Total Assets
BEP
BEP
MATX
MATX
Q4 25
$4.6B
Q3 25
$4.6B
Q2 25
$98.6B
$4.5B
Q1 25
$4.5B
Q4 24
$4.6B
Q3 24
$4.4B
Q2 24
$73.8B
$4.3B
Q1 24
$4.2B
Debt / Equity
BEP
BEP
MATX
MATX
Q4 25
0.13×
Q3 25
0.14×
Q2 25
0.13×
Q1 25
0.13×
Q4 24
0.14×
Q3 24
0.15×
Q2 24
0.16×
Q1 24
0.16×

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
MATX
MATX
Operating Cash FlowLast quarter
$379.0M
$176.9M
Free Cash FlowOCF − Capex
$42.2M
FCF MarginFCF / Revenue
5.0%
Capex IntensityCapex / Revenue
15.8%
Cash ConversionOCF / Net Profit
3.79×
1.24×
TTM Free Cash FlowTrailing 4 quarters
$153.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
MATX
MATX
Q4 25
$176.9M
Q3 25
$175.6M
Q2 25
$379.0M
$105.6M
Q1 25
$89.0M
Q4 24
$174.7M
Q3 24
$248.6M
Q2 24
$231.0M
$307.9M
Q1 24
$36.6M
Free Cash Flow
BEP
BEP
MATX
MATX
Q4 25
$42.2M
Q3 25
$92.4M
Q2 25
$19.3M
Q1 25
$-200.0K
Q4 24
$49.3M
Q3 24
$189.0M
Q2 24
$238.1M
Q1 24
$-18.7M
FCF Margin
BEP
BEP
MATX
MATX
Q4 25
5.0%
Q3 25
10.5%
Q2 25
2.3%
Q1 25
-0.0%
Q4 24
5.5%
Q3 24
19.6%
Q2 24
28.1%
Q1 24
-2.6%
Capex Intensity
BEP
BEP
MATX
MATX
Q4 25
15.8%
Q3 25
9.5%
Q2 25
10.4%
Q1 25
11.4%
Q4 24
14.1%
Q3 24
6.2%
Q2 24
8.2%
Q1 24
7.7%
Cash Conversion
BEP
BEP
MATX
MATX
Q4 25
1.24×
Q3 25
1.30×
Q2 25
3.79×
1.12×
Q1 25
1.23×
Q4 24
1.36×
Q3 24
1.25×
Q2 24
2.72×
Q1 24
1.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BEP
BEP

Segment breakdown not available.

MATX
MATX

Ocean Transportation Segment$704.2M83%
Logistics Services Segment$147.7M17%

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