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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and Qnity Electronics, Inc. (Q). 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 $1.3B, roughly 1.3× Qnity Electronics, Inc.). Qnity Electronics, Inc. runs the higher net margin — 16.5% vs 5.9%, a 10.6% gap on every dollar of revenue. On growth, Brookfield Renewable Partners L.P. posted the faster year-over-year revenue change (14.2% vs 11.1%).
Brookfield Renewable Partners L.P.BEPEarnings & Financial Report
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.
BEP vs Q — Head-to-Head
Income Statement — Q2 FY2025 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.7B | $1.3B |
| Net Profit | $100.0M | $211.0M |
| Gross Margin | — | 45.1% |
| Operating Margin | — | 21.3% |
| Net Margin | 5.9% | 16.5% |
| Revenue YoY | 14.2% | 11.1% |
| Net Profit YoY | 213.6% | 6.0% |
| EPS (diluted) | $-0.22 | $1.01 |
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.
| Q3 25 | — | $1.3B | ||
| Q2 25 | $1.7B | — | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | $1.5B | — | ||
| Q2 23 | $1.2B | — | ||
| Q2 22 | $1.3B | — |
| Q3 25 | — | $211.0M | ||
| Q2 25 | $100.0M | — | ||
| Q3 24 | — | $199.0M | ||
| Q2 24 | $-88.0M | — | ||
| Q2 23 | $151.0M | — | ||
| Q2 22 | $122.0M | — |
| Q3 25 | — | 45.1% | ||
| Q2 25 | — | — | ||
| Q3 24 | — | 47.0% | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q3 25 | — | 21.3% | ||
| Q2 25 | — | — | ||
| Q3 24 | — | 21.8% | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q3 25 | — | 16.5% | ||
| Q2 25 | 5.9% | — | ||
| Q3 24 | — | 17.3% | ||
| Q2 24 | -5.9% | — | ||
| Q2 23 | 12.5% | — | ||
| Q2 22 | 9.6% | — |
| Q3 25 | — | $1.01 | ||
| Q2 25 | $-0.22 | — | ||
| Q3 24 | — | $0.95 | ||
| Q2 24 | $-0.28 | — | ||
| Q2 23 | $-0.10 | — | ||
| Q2 22 | $-0.03 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9B | $128.0M |
| Total DebtLower is stronger | — | $1.7B |
| Stockholders' EquityBook value | $33.3B | $9.1B |
| Total Assets | $98.6B | $12.5B |
| Debt / EquityLower = less leverage | — | 0.19× |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $128.0M | ||
| Q2 25 | $1.9B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $1.2B | — | ||
| Q2 23 | $1.2B | — | ||
| Q2 22 | $1.1B | — |
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q3 25 | — | $9.1B | ||
| Q2 25 | $33.3B | — | ||
| Q3 24 | — | $11.1B | ||
| Q2 24 | $28.0B | — | ||
| Q2 23 | $28.5B | — | ||
| Q2 22 | $23.0B | — |
| Q3 25 | — | $12.5B | ||
| Q2 25 | $98.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $73.8B | — | ||
| Q2 23 | $65.9B | — | ||
| Q2 22 | $57.0B | — |
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $379.0M | $782.0M |
| Free Cash FlowOCF − Capex | — | $568.0M |
| FCF MarginFCF / Revenue | — | 44.5% |
| Capex IntensityCapex / Revenue | — | 16.8% |
| Cash ConversionOCF / Net Profit | 3.79× | 3.71× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $782.0M | ||
| Q2 25 | $379.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $231.0M | — | ||
| Q2 23 | $382.0M | — | ||
| Q2 22 | $438.0M | — |
| Q3 25 | — | $568.0M | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q3 25 | — | 44.5% | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q3 25 | — | 16.8% | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q3 25 | — | 3.71× | ||
| Q2 25 | 3.79× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | 2.53× | — | ||
| Q2 22 | 3.59× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BEP
Segment breakdown not available.
Q
| Semiconductor Technologies | $693.0M | 54% |
| Interconnect Solutions | $583.0M | 46% |