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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and TKO Group Holdings (TKO). 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 $1.0B, roughly 1.6× TKO Group Holdings). Brookfield Renewable Partners L.P. runs the higher net margin — 5.9% vs -0.2%, a 6.1% gap on every dollar of revenue. On growth, TKO Group Holdings posted the faster year-over-year revenue change (61.6% vs 14.2%).
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.
TKO Group Holdings, Inc. (TKO) is an American sports and sports entertainment company. Established on September 12, 2023, the public company was formed by a merger between Endeavor subsidiary Zuffa—the parent company of the Ultimate Fighting Championship (UFC), a mixed martial arts promotion—and the professional wrestling promotion World Wrestling Entertainment (WWE).
BEP vs TKO — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $1.0B |
| Net Profit | $100.0M | $-2.4M |
| Gross Margin | — | — |
| Operating Margin | — | 5.5% |
| Net Margin | 5.9% | -0.2% |
| Revenue YoY | 14.2% | 61.6% |
| Net Profit YoY | 213.6% | -107.7% |
| EPS (diluted) | $-0.22 | $-0.07 |
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.
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | $1.7B | $1.3B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $642.2M | ||
| Q3 24 | — | $681.3M | ||
| Q2 24 | $1.5B | $851.2M | ||
| Q1 24 | — | $629.7M |
| Q4 25 | — | $-2.4M | ||
| Q3 25 | — | $41.0M | ||
| Q2 25 | $100.0M | $98.4M | ||
| Q1 25 | — | $58.4M | ||
| Q4 24 | — | $31.0M | ||
| Q3 24 | — | $23.1M | ||
| Q2 24 | $-88.0M | $59.1M | ||
| Q1 24 | — | $-103.8M |
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | 15.4% | ||
| Q2 25 | — | 28.1% | ||
| Q1 25 | — | 18.7% | ||
| Q4 24 | — | 15.9% | ||
| Q3 24 | — | 20.0% | ||
| Q2 24 | — | 30.0% | ||
| Q1 24 | — | -33.4% |
| Q4 25 | — | -0.2% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | 5.9% | 7.5% | ||
| Q1 25 | — | 4.6% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | -5.9% | 6.9% | ||
| Q1 24 | — | -16.5% |
| Q4 25 | — | $-0.07 | ||
| Q3 25 | — | $0.47 | ||
| Q2 25 | $-0.22 | $1.17 | ||
| Q1 25 | — | $0.69 | ||
| Q4 24 | — | $0.28 | ||
| Q3 24 | — | $0.28 | ||
| Q2 24 | $-0.28 | $0.72 | ||
| Q1 24 | — | $-1.26 |
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 | $831.1M |
| Total DebtLower is stronger | — | $3.8B |
| Stockholders' EquityBook value | $33.3B | $3.7B |
| Total Assets | $98.6B | $15.5B |
| Debt / EquityLower = less leverage | — | 1.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $831.1M | ||
| Q3 25 | — | $861.4M | ||
| Q2 25 | $1.9B | $535.1M | ||
| Q1 25 | — | $470.9M | ||
| Q4 24 | — | $525.6M | ||
| Q3 24 | — | $457.4M | ||
| Q2 24 | $1.2B | $277.5M | ||
| Q1 24 | — | $245.8M |
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.7B | ||
| Q1 24 | — | $2.7B |
| Q4 25 | — | $3.7B | ||
| Q3 25 | — | $3.8B | ||
| Q2 25 | $33.3B | $4.3B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | $28.0B | $4.0B | ||
| Q1 24 | — | $4.0B |
| Q4 25 | — | $15.5B | ||
| Q3 25 | — | $15.5B | ||
| Q2 25 | $98.6B | $15.3B | ||
| Q1 25 | — | $15.0B | ||
| Q4 24 | — | $12.7B | ||
| Q3 24 | — | $12.8B | ||
| Q2 24 | $73.8B | $12.7B | ||
| Q1 24 | — | $12.7B |
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | 0.98× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | 0.67× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | — | 0.68× |
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 | $309.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 3.79× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $309.9M | ||
| Q3 25 | — | $416.8M | ||
| Q2 25 | $379.0M | $396.2M | ||
| Q1 25 | — | $162.8M | ||
| Q4 24 | — | $56.8M | ||
| Q3 24 | — | $236.5M | ||
| Q2 24 | $231.0M | $230.7M | ||
| Q1 24 | — | $59.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | 10.16× | ||
| Q2 25 | 3.79× | 4.03× | ||
| Q1 25 | — | 2.79× | ||
| Q4 24 | — | 1.83× | ||
| Q3 24 | — | 10.22× | ||
| Q2 24 | — | 3.90× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BEP
Segment breakdown not available.
TKO
| World Wrestling Entertainment Segment | $359.6M | 35% |
| IMG Segment | $247.6M | 24% |
| Media Rights Production And Content | $222.6M | 21% |
| Partnerships And Marketing | $93.3M | 9% |
| Live Events And Hospitality | $72.2M | 7% |
| Other | $29.4M | 3% |
| Consumer Products Licensing And Other | $13.2M | 1% |
