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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and Zimmer Biomet (ZBH). Click either name above to swap in a different company.

Zimmer Biomet is the larger business by last-quarter revenue ($2.1B vs $1.7B, roughly 1.2× Brookfield Renewable Partners L.P.). Zimmer Biomet runs the higher net margin — 11.4% vs 5.9%, a 5.5% gap on every dollar of revenue. On growth, Brookfield Renewable Partners L.P. posted the faster year-over-year revenue change (14.2% vs 9.3%).

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.

Zimmer Biomet Holdings, Inc. is a publicly traded American medical device company. It was founded in 1927 to produce aluminum splints. The firm is headquartered in Warsaw, Indiana, where it is part of the medical devices business cluster.

BEP vs ZBH — Head-to-Head

Bigger by revenue
ZBH
ZBH
1.2× larger
ZBH
$2.1B
$1.7B
BEP
Growing faster (revenue YoY)
BEP
BEP
+4.9% gap
BEP
14.2%
9.3%
ZBH
Higher net margin
ZBH
ZBH
5.5% more per $
ZBH
11.4%
5.9%
BEP

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BEP
BEP
ZBH
ZBH
Revenue
$1.7B
$2.1B
Net Profit
$100.0M
$238.3M
Gross Margin
64.6%
Operating Margin
17.9%
Net Margin
5.9%
11.4%
Revenue YoY
14.2%
9.3%
Net Profit YoY
213.6%
30.5%
EPS (diluted)
$-0.22
$1.22

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
ZBH
ZBH
Q1 26
$2.1B
Q4 25
$2.2B
Q3 25
$2.0B
Q2 25
$1.7B
$2.1B
Q1 25
$1.9B
Q4 24
$2.0B
Q3 24
$1.8B
Q2 24
$1.5B
$1.9B
Net Profit
BEP
BEP
ZBH
ZBH
Q1 26
$238.3M
Q4 25
$139.4M
Q3 25
$230.9M
Q2 25
$100.0M
$152.8M
Q1 25
$182.0M
Q4 24
$239.5M
Q3 24
$249.1M
Q2 24
$-88.0M
$242.8M
Gross Margin
BEP
BEP
ZBH
ZBH
Q1 26
64.6%
Q4 25
64.7%
Q3 25
72.1%
Q2 25
71.5%
Q1 25
71.2%
Q4 24
71.0%
Q3 24
70.5%
Q2 24
71.5%
Operating Margin
BEP
BEP
ZBH
ZBH
Q1 26
17.9%
Q4 25
6.9%
Q3 25
17.6%
Q2 25
14.4%
Q1 25
15.3%
Q4 24
19.2%
Q3 24
15.3%
Q2 24
18.1%
Net Margin
BEP
BEP
ZBH
ZBH
Q1 26
11.4%
Q4 25
6.2%
Q3 25
11.5%
Q2 25
5.9%
7.4%
Q1 25
9.5%
Q4 24
11.8%
Q3 24
13.7%
Q2 24
-5.9%
12.5%
EPS (diluted)
BEP
BEP
ZBH
ZBH
Q1 26
$1.22
Q4 25
$0.71
Q3 25
$1.16
Q2 25
$-0.22
$0.77
Q1 25
$0.91
Q4 24
$1.18
Q3 24
$1.23
Q2 24
$-0.28
$1.18

Balance Sheet & Financial Strength

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

Metric
BEP
BEP
ZBH
ZBH
Cash + ST InvestmentsLiquidity on hand
$1.9B
$424.2M
Total DebtLower is stronger
$7.5B
Stockholders' EquityBook value
$33.3B
$12.7B
Total Assets
$98.6B
$22.7B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
ZBH
ZBH
Q1 26
$424.2M
Q4 25
$591.9M
Q3 25
$1.3B
Q2 25
$1.9B
$556.9M
Q1 25
$1.4B
Q4 24
$525.5M
Q3 24
$569.0M
Q2 24
$1.2B
$420.1M
Total Debt
BEP
BEP
ZBH
ZBH
Q1 26
$7.5B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BEP
BEP
ZBH
ZBH
Q1 26
$12.7B
Q4 25
$12.7B
Q3 25
$12.8B
Q2 25
$33.3B
$12.5B
Q1 25
$12.4B
Q4 24
$12.5B
Q3 24
$12.4B
Q2 24
$28.0B
$12.7B
Total Assets
BEP
BEP
ZBH
ZBH
Q1 26
$22.7B
Q4 25
$23.1B
Q3 25
$23.5B
Q2 25
$98.6B
$22.9B
Q1 25
$22.2B
Q4 24
$21.4B
Q3 24
$21.7B
Q2 24
$73.8B
$21.5B
Debt / Equity
BEP
BEP
ZBH
ZBH
Q1 26
0.59×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 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
ZBH
ZBH
Operating Cash FlowLast quarter
$379.0M
$359.4M
Free Cash FlowOCF − Capex
$245.9M
FCF MarginFCF / Revenue
11.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.79×
1.51×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
ZBH
ZBH
Q1 26
$359.4M
Q4 25
$517.4M
Q3 25
$418.7M
Q2 25
$379.0M
$378.2M
Q1 25
$382.8M
Q4 24
$506.3M
Q3 24
$395.7M
Q2 24
$231.0M
$369.4M
Free Cash Flow
BEP
BEP
ZBH
ZBH
Q1 26
$245.9M
Q4 25
$442.6M
Q3 25
$363.7M
Q2 25
$328.1M
Q1 25
$338.2M
Q4 24
$454.8M
Q3 24
$351.2M
Q2 24
$316.7M
FCF Margin
BEP
BEP
ZBH
ZBH
Q1 26
11.8%
Q4 25
19.7%
Q3 25
18.2%
Q2 25
15.8%
Q1 25
17.7%
Q4 24
22.5%
Q3 24
19.3%
Q2 24
16.3%
Capex Intensity
BEP
BEP
ZBH
ZBH
Q1 26
Q4 25
3.3%
Q3 25
2.7%
Q2 25
2.4%
Q1 25
2.3%
Q4 24
2.5%
Q3 24
2.4%
Q2 24
2.7%
Cash Conversion
BEP
BEP
ZBH
ZBH
Q1 26
1.51×
Q4 25
3.71×
Q3 25
1.81×
Q2 25
3.79×
2.48×
Q1 25
2.10×
Q4 24
2.11×
Q3 24
1.59×
Q2 24
1.52×

Financial Flow Comparison

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

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