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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and PATRICK INDUSTRIES INC (PATK). 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 $924.2M, roughly 1.8× PATRICK INDUSTRIES INC). Brookfield Renewable Partners L.P. runs the higher net margin — 5.9% vs 3.1%, a 2.8% gap on every dollar of revenue. On growth, Brookfield Renewable Partners L.P. posted the faster year-over-year revenue change (14.2% vs 9.2%).

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.

Anduril Industries, Inc. is an American defense technology company specializing in the development of advanced autonomous systems.

BEP vs PATK — Head-to-Head

Bigger by revenue
BEP
BEP
1.8× larger
BEP
$1.7B
$924.2M
PATK
Growing faster (revenue YoY)
BEP
BEP
+4.9% gap
BEP
14.2%
9.2%
PATK
Higher net margin
BEP
BEP
2.8% more per $
BEP
5.9%
3.1%
PATK

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BEP
BEP
PATK
PATK
Revenue
$1.7B
$924.2M
Net Profit
$100.0M
$29.1M
Gross Margin
23.0%
Operating Margin
6.2%
Net Margin
5.9%
3.1%
Revenue YoY
14.2%
9.2%
Net Profit YoY
213.6%
99.7%
EPS (diluted)
$-0.22
$0.82

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
PATK
PATK
Q4 25
$924.2M
Q3 25
$975.6M
Q2 25
$1.7B
$1.0B
Q1 25
$1.0B
Q4 24
$846.1M
Q3 24
$919.4M
Q2 24
$1.5B
$1.0B
Q1 24
$933.5M
Net Profit
BEP
BEP
PATK
PATK
Q4 25
$29.1M
Q3 25
$35.3M
Q2 25
$100.0M
$32.4M
Q1 25
$38.2M
Q4 24
$14.6M
Q3 24
$40.9M
Q2 24
$-88.0M
$47.9M
Q1 24
$35.1M
Gross Margin
BEP
BEP
PATK
PATK
Q4 25
23.0%
Q3 25
22.6%
Q2 25
23.9%
Q1 25
22.8%
Q4 24
22.1%
Q3 24
23.1%
Q2 24
22.8%
Q1 24
21.9%
Operating Margin
BEP
BEP
PATK
PATK
Q4 25
6.2%
Q3 25
6.8%
Q2 25
8.3%
Q1 25
6.5%
Q4 24
4.7%
Q3 24
8.1%
Q2 24
8.3%
Q1 24
6.4%
Net Margin
BEP
BEP
PATK
PATK
Q4 25
3.1%
Q3 25
3.6%
Q2 25
5.9%
3.1%
Q1 25
3.8%
Q4 24
1.7%
Q3 24
4.4%
Q2 24
-5.9%
4.7%
Q1 24
3.8%
EPS (diluted)
BEP
BEP
PATK
PATK
Q4 25
$0.82
Q3 25
$1.01
Q2 25
$-0.22
$0.96
Q1 25
$1.11
Q4 24
$-1.44
Q3 24
$1.80
Q2 24
$-0.28
$2.16
Q1 24
$1.59

Balance Sheet & Financial Strength

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

Metric
BEP
BEP
PATK
PATK
Cash + ST InvestmentsLiquidity on hand
$1.9B
$26.4M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$33.3B
$1.2B
Total Assets
$98.6B
$3.1B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
PATK
PATK
Q4 25
$26.4M
Q3 25
$20.7M
Q2 25
$1.9B
$22.0M
Q1 25
$86.6M
Q4 24
$33.6M
Q3 24
$52.6M
Q2 24
$1.2B
$44.0M
Q1 24
$17.6M
Total Debt
BEP
BEP
PATK
PATK
Q4 25
$1.3B
Q3 25
Q2 25
Q1 25
Q4 24
$1.3B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BEP
BEP
PATK
PATK
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$33.3B
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$28.0B
$1.1B
Q1 24
$1.1B
Total Assets
BEP
BEP
PATK
PATK
Q4 25
$3.1B
Q3 25
$3.1B
Q2 25
$98.6B
$3.1B
Q1 25
$3.2B
Q4 24
$3.0B
Q3 24
$3.1B
Q2 24
$73.8B
$3.0B
Q1 24
$3.0B
Debt / Equity
BEP
BEP
PATK
PATK
Q4 25
1.10×
Q3 25
Q2 25
Q1 25
Q4 24
1.18×
Q3 24
Q2 24
Q1 24

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
PATK
PATK
Operating Cash FlowLast quarter
$379.0M
$130.8M
Free Cash FlowOCF − Capex
$112.7M
FCF MarginFCF / Revenue
12.2%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
3.79×
4.50×
TTM Free Cash FlowTrailing 4 quarters
$246.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
PATK
PATK
Q4 25
$130.8M
Q3 25
$9.1M
Q2 25
$379.0M
$149.4M
Q1 25
$40.1M
Q4 24
$102.7M
Q3 24
$51.5M
Q2 24
$231.0M
$137.5M
Q1 24
$35.2M
Free Cash Flow
BEP
BEP
PATK
PATK
Q4 25
$112.7M
Q3 25
$-17.2M
Q2 25
$131.1M
Q1 25
$19.9M
Q4 24
$77.2M
Q3 24
$33.7M
Q2 24
$120.6M
Q1 24
$19.7M
FCF Margin
BEP
BEP
PATK
PATK
Q4 25
12.2%
Q3 25
-1.8%
Q2 25
12.5%
Q1 25
2.0%
Q4 24
9.1%
Q3 24
3.7%
Q2 24
11.9%
Q1 24
2.1%
Capex Intensity
BEP
BEP
PATK
PATK
Q4 25
2.0%
Q3 25
2.7%
Q2 25
1.7%
Q1 25
2.0%
Q4 24
3.0%
Q3 24
1.9%
Q2 24
1.7%
Q1 24
1.7%
Cash Conversion
BEP
BEP
PATK
PATK
Q4 25
4.50×
Q3 25
0.26×
Q2 25
3.79×
4.61×
Q1 25
1.05×
Q4 24
7.05×
Q3 24
1.26×
Q2 24
2.87×
Q1 24
1.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BEP
BEP

Segment breakdown not available.

PATK
PATK

Recreational Vehicle$276.3M30%
Distribution$222.4M24%
Marine$141.9M15%
Industrial$110.8M12%
Powersports$104.8M11%
Manufactured Housing$67.9M7%

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