vs

Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and Tri Pointe Homes, Inc. (TPH). 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 $972.6M, roughly 1.7× Tri Pointe Homes, Inc.). Tri Pointe Homes, Inc. runs the higher net margin — 6.2% vs 5.9%, a 0.3% gap on every dollar of revenue. On growth, Brookfield Renewable Partners L.P. posted the faster year-over-year revenue change (14.2% vs -22.4%).

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.

Tri Pointe Homes, Inc. is a home construction company headquartered in Incline Village, Nevada. It also offers financing and insurance services to homebuyers. It operates in Arizona, California, Nevada, Washington, Colorado, Texas, the District of Columbia, Maryland, North Carolina, South Carolina, and Virginia. The company is the 18th largest home construction company in the United States based on the number of homes closed.

BEP vs TPH — Head-to-Head

Bigger by revenue
BEP
BEP
1.7× larger
BEP
$1.7B
$972.6M
TPH
Growing faster (revenue YoY)
BEP
BEP
+36.6% gap
BEP
14.2%
-22.4%
TPH
Higher net margin
TPH
TPH
0.3% more per $
TPH
6.2%
5.9%
BEP

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BEP
BEP
TPH
TPH
Revenue
$1.7B
$972.6M
Net Profit
$100.0M
$60.2M
Gross Margin
Operating Margin
8.1%
Net Margin
5.9%
6.2%
Revenue YoY
14.2%
-22.4%
Net Profit YoY
213.6%
-53.4%
EPS (diluted)
$-0.22
$0.70

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
TPH
TPH
Q4 25
$972.6M
Q3 25
$854.7M
Q2 25
$1.7B
$902.4M
Q1 25
$740.9M
Q4 24
$1.3B
Q3 24
$1.1B
Q2 24
$1.5B
$1.2B
Q1 24
$939.4M
Net Profit
BEP
BEP
TPH
TPH
Q4 25
$60.2M
Q3 25
$56.1M
Q2 25
$100.0M
$60.7M
Q1 25
$64.0M
Q4 24
$129.2M
Q3 24
$111.8M
Q2 24
$-88.0M
$118.0M
Q1 24
$99.1M
Operating Margin
BEP
BEP
TPH
TPH
Q4 25
8.1%
Q3 25
8.1%
Q2 25
8.5%
Q1 25
10.4%
Q4 24
13.4%
Q3 24
12.6%
Q2 24
12.9%
Q1 24
12.3%
Net Margin
BEP
BEP
TPH
TPH
Q4 25
6.2%
Q3 25
6.6%
Q2 25
5.9%
6.7%
Q1 25
8.6%
Q4 24
10.3%
Q3 24
9.8%
Q2 24
-5.9%
10.2%
Q1 24
10.5%
EPS (diluted)
BEP
BEP
TPH
TPH
Q4 25
$0.70
Q3 25
$0.64
Q2 25
$-0.22
$0.68
Q1 25
$0.70
Q4 24
$1.37
Q3 24
$1.18
Q2 24
$-0.28
$1.25
Q1 24
$1.03

Balance Sheet & Financial Strength

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

Metric
BEP
BEP
TPH
TPH
Cash + ST InvestmentsLiquidity on hand
$1.9B
$982.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$33.3B
$3.3B
Total Assets
$98.6B
$5.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
TPH
TPH
Q4 25
$982.8M
Q3 25
$792.0M
Q2 25
$1.9B
$622.6M
Q1 25
$812.9M
Q4 24
$970.0M
Q3 24
$676.0M
Q2 24
$1.2B
$492.9M
Q1 24
$944.0M
Total Debt
BEP
BEP
TPH
TPH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$646.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BEP
BEP
TPH
TPH
Q4 25
$3.3B
Q3 25
$3.3B
Q2 25
$33.3B
$3.3B
Q1 25
$3.3B
Q4 24
$3.3B
Q3 24
$3.2B
Q2 24
$28.0B
$3.1B
Q1 24
$3.0B
Total Assets
BEP
BEP
TPH
TPH
Q4 25
$5.0B
Q3 25
$5.0B
Q2 25
$98.6B
$4.8B
Q1 25
$4.8B
Q4 24
$4.9B
Q3 24
$4.8B
Q2 24
$73.8B
$4.6B
Q1 24
$5.0B
Debt / Equity
BEP
BEP
TPH
TPH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.19×
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
TPH
TPH
Operating Cash FlowLast quarter
$379.0M
$221.0M
Free Cash FlowOCF − Capex
$213.2M
FCF MarginFCF / Revenue
21.9%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
3.79×
3.67×
TTM Free Cash FlowTrailing 4 quarters
$128.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
TPH
TPH
Q4 25
$221.0M
Q3 25
$45.9M
Q2 25
$379.0M
$-74.3M
Q1 25
$-31.2M
Q4 24
$360.3M
Q3 24
$167.9M
Q2 24
$231.0M
$23.1M
Q1 24
$144.7M
Free Cash Flow
BEP
BEP
TPH
TPH
Q4 25
$213.2M
Q3 25
$39.1M
Q2 25
$-84.5M
Q1 25
$-39.3M
Q4 24
$355.9M
Q3 24
$161.5M
Q2 24
$17.0M
Q1 24
$138.3M
FCF Margin
BEP
BEP
TPH
TPH
Q4 25
21.9%
Q3 25
4.6%
Q2 25
-9.4%
Q1 25
-5.3%
Q4 24
28.4%
Q3 24
14.1%
Q2 24
1.5%
Q1 24
14.7%
Capex Intensity
BEP
BEP
TPH
TPH
Q4 25
0.8%
Q3 25
0.8%
Q2 25
1.1%
Q1 25
1.1%
Q4 24
0.3%
Q3 24
0.6%
Q2 24
0.5%
Q1 24
0.7%
Cash Conversion
BEP
BEP
TPH
TPH
Q4 25
3.67×
Q3 25
0.82×
Q2 25
3.79×
-1.22×
Q1 25
-0.49×
Q4 24
2.79×
Q3 24
1.50×
Q2 24
0.20×
Q1 24
1.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BEP
BEP

Segment breakdown not available.

TPH
TPH

West$547.8M56%
Central$245.1M25%
East$161.8M17%
Financial Services Segment$18.0M2%
Land$7.9M1%

Related Comparisons