vs

Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and nVent Electric plc (NVT). 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 $1.1B, roughly 1.6× nVent Electric plc). nVent Electric plc runs the higher net margin — 11.1% vs 5.9%, a 5.2% gap on every dollar of revenue. On growth, nVent Electric plc posted the faster year-over-year revenue change (127.3% 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.

NVent Electric plc is an American-British multinational company providing electrical connection and enclosure products. The company designs, manufactures, markets, and services products used to connect, protect, and manage electrical systems in commercial, industrial, residential, infrastructure, and data center applications.

BEP vs NVT — Head-to-Head

Bigger by revenue
BEP
BEP
1.6× larger
BEP
$1.7B
$1.1B
NVT
Growing faster (revenue YoY)
NVT
NVT
+113.2% gap
NVT
127.3%
14.2%
BEP
Higher net margin
NVT
NVT
5.2% more per $
NVT
11.1%
5.9%
BEP

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BEP
BEP
NVT
NVT
Revenue
$1.7B
$1.1B
Net Profit
$100.0M
$118.8M
Gross Margin
36.5%
Operating Margin
15.4%
Net Margin
5.9%
11.1%
Revenue YoY
14.2%
127.3%
Net Profit YoY
213.6%
1010.3%
EPS (diluted)
$-0.22
$0.74

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
NVT
NVT
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.7B
$963.1M
Q1 25
$809.3M
Q4 24
$469.2M
Q3 24
$782.0M
Q2 24
$1.5B
$880.3M
Q1 24
$874.6M
Net Profit
BEP
BEP
NVT
NVT
Q4 25
$118.8M
Q3 25
$121.2M
Q2 25
$100.0M
$109.5M
Q1 25
$360.7M
Q4 24
$10.7M
Q3 24
$105.0M
Q2 24
$-88.0M
$111.0M
Q1 24
$105.1M
Gross Margin
BEP
BEP
NVT
NVT
Q4 25
36.5%
Q3 25
37.4%
Q2 25
38.6%
Q1 25
38.8%
Q4 24
37.1%
Q3 24
39.8%
Q2 24
41.8%
Q1 24
40.6%
Operating Margin
BEP
BEP
NVT
NVT
Q4 25
15.4%
Q3 25
15.8%
Q2 25
16.3%
Q1 25
16.1%
Q4 24
14.3%
Q3 24
17.0%
Q2 24
19.1%
Q1 24
18.2%
Net Margin
BEP
BEP
NVT
NVT
Q4 25
11.1%
Q3 25
11.5%
Q2 25
5.9%
11.4%
Q1 25
44.6%
Q4 24
2.3%
Q3 24
13.4%
Q2 24
-5.9%
12.6%
Q1 24
12.0%
EPS (diluted)
BEP
BEP
NVT
NVT
Q4 25
$0.74
Q3 25
$0.74
Q2 25
$-0.22
$0.67
Q1 25
$2.16
Q4 24
$0.07
Q3 24
$0.62
Q2 24
$-0.28
$0.66
Q1 24
$0.62

Balance Sheet & Financial Strength

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

Metric
BEP
BEP
NVT
NVT
Cash + ST InvestmentsLiquidity on hand
$1.9B
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$33.3B
$3.7B
Total Assets
$98.6B
$6.9B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
NVT
NVT
Q4 25
Q3 25
Q2 25
$1.9B
Q1 25
Q4 24
Q3 24
Q2 24
$1.2B
Q1 24
Total Debt
BEP
BEP
NVT
NVT
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.8B
Q1 25
$1.8B
Q4 24
$2.2B
Q3 24
$2.3B
Q2 24
$1.8B
Q1 24
$1.8B
Stockholders' Equity
BEP
BEP
NVT
NVT
Q4 25
$3.7B
Q3 25
$3.6B
Q2 25
$33.3B
$3.5B
Q1 25
$3.6B
Q4 24
$3.2B
Q3 24
$3.3B
Q2 24
$28.0B
$3.3B
Q1 24
$3.2B
Total Assets
BEP
BEP
NVT
NVT
Q4 25
$6.9B
Q3 25
$6.8B
Q2 25
$98.6B
$6.7B
Q1 25
$6.7B
Q4 24
$6.7B
Q3 24
$6.9B
Q2 24
$73.8B
$6.2B
Q1 24
$6.2B
Debt / Equity
BEP
BEP
NVT
NVT
Q4 25
0.42×
Q3 25
0.44×
Q2 25
0.50×
Q1 25
0.49×
Q4 24
0.67×
Q3 24
0.69×
Q2 24
0.54×
Q1 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
NVT
NVT
Operating Cash FlowLast quarter
$379.0M
$202.4M
Free Cash FlowOCF − Capex
$165.7M
FCF MarginFCF / Revenue
15.5%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
3.79×
1.70×
TTM Free Cash FlowTrailing 4 quarters
$371.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
NVT
NVT
Q4 25
$202.4M
Q3 25
$219.5M
Q2 25
$379.0M
$-16.9M
Q1 25
$60.2M
Q4 24
$224.6M
Q3 24
$197.7M
Q2 24
$231.0M
$130.8M
Q1 24
$90.0M
Free Cash Flow
BEP
BEP
NVT
NVT
Q4 25
$165.7M
Q3 25
$200.9M
Q2 25
$-33.8M
Q1 25
$39.1M
Q4 24
$198.1M
Q3 24
$184.8M
Q2 24
$112.3M
Q1 24
$73.9M
FCF Margin
BEP
BEP
NVT
NVT
Q4 25
15.5%
Q3 25
19.1%
Q2 25
-3.5%
Q1 25
4.8%
Q4 24
42.2%
Q3 24
23.6%
Q2 24
12.8%
Q1 24
8.4%
Capex Intensity
BEP
BEP
NVT
NVT
Q4 25
3.4%
Q3 25
1.8%
Q2 25
1.8%
Q1 25
2.6%
Q4 24
5.6%
Q3 24
1.6%
Q2 24
2.1%
Q1 24
1.8%
Cash Conversion
BEP
BEP
NVT
NVT
Q4 25
1.70×
Q3 25
1.81×
Q2 25
3.79×
-0.15×
Q1 25
0.17×
Q4 24
20.99×
Q3 24
1.88×
Q2 24
1.18×
Q1 24
0.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BEP
BEP

Segment breakdown not available.

NVT
NVT

Industrial Sector$554.0M52%
Electricaland Fastening Solutions Segment$278.0M26%
Energy Sector$235.0M22%

Related Comparisons