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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). 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 $891.0M, roughly 1.9× ZIONS BANCORPORATION, NATIONAL ASSOCIATION). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 5.9%, a 23.6% gap on every dollar of revenue. On growth, Brookfield Renewable Partners L.P. posted the faster year-over-year revenue change (14.2% vs 8.7%).

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.

Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.

BEP vs ZION — Head-to-Head

Bigger by revenue
BEP
BEP
1.9× larger
BEP
$1.7B
$891.0M
ZION
Growing faster (revenue YoY)
BEP
BEP
+5.5% gap
BEP
14.2%
8.7%
ZION
Higher net margin
ZION
ZION
23.6% more per $
ZION
29.5%
5.9%
BEP

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BEP
BEP
ZION
ZION
Revenue
$1.7B
$891.0M
Net Profit
$100.0M
$263.0M
Gross Margin
Operating Margin
Net Margin
5.9%
29.5%
Revenue YoY
14.2%
8.7%
Net Profit YoY
213.6%
21.8%
EPS (diluted)
$-0.22
$1.77

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
ZION
ZION
Q4 25
$891.0M
Q3 25
$861.0M
Q2 25
$1.7B
$838.0M
Q1 25
$795.0M
Q4 24
$820.0M
Q3 24
$792.0M
Q2 24
$1.5B
$777.0M
Q1 24
$742.0M
Net Profit
BEP
BEP
ZION
ZION
Q4 25
$263.0M
Q3 25
$222.0M
Q2 25
$100.0M
$244.0M
Q1 25
$170.0M
Q4 24
$216.0M
Q3 24
$214.0M
Q2 24
$-88.0M
$201.0M
Q1 24
$153.0M
Net Margin
BEP
BEP
ZION
ZION
Q4 25
29.5%
Q3 25
25.8%
Q2 25
5.9%
29.1%
Q1 25
21.4%
Q4 24
26.3%
Q3 24
27.0%
Q2 24
-5.9%
25.9%
Q1 24
20.6%
EPS (diluted)
BEP
BEP
ZION
ZION
Q4 25
$1.77
Q3 25
$1.48
Q2 25
$-0.22
$1.63
Q1 25
$1.13
Q4 24
$1.34
Q3 24
$1.37
Q2 24
$-0.28
$1.28
Q1 24
$0.96

Balance Sheet & Financial Strength

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

Metric
BEP
BEP
ZION
ZION
Cash + ST InvestmentsLiquidity on hand
$1.9B
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$33.3B
$7.2B
Total Assets
$98.6B
$89.0B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
ZION
ZION
Q4 25
Q3 25
Q2 25
$1.9B
Q1 25
Q4 24
Q3 24
Q2 24
$1.2B
Q1 24
Total Debt
BEP
BEP
ZION
ZION
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$970.0M
Q1 25
$964.0M
Q4 24
$950.0M
Q3 24
$548.0M
Q2 24
$546.0M
Q1 24
$544.0M
Stockholders' Equity
BEP
BEP
ZION
ZION
Q4 25
$7.2B
Q3 25
$6.9B
Q2 25
$33.3B
$6.6B
Q1 25
$6.3B
Q4 24
$6.1B
Q3 24
$6.4B
Q2 24
$28.0B
$6.0B
Q1 24
$5.8B
Total Assets
BEP
BEP
ZION
ZION
Q4 25
$89.0B
Q3 25
$88.5B
Q2 25
$98.6B
$88.9B
Q1 25
$88.0B
Q4 24
$88.8B
Q3 24
$87.0B
Q2 24
$73.8B
$87.6B
Q1 24
$87.1B
Debt / Equity
BEP
BEP
ZION
ZION
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.15×
Q1 25
0.15×
Q4 24
0.16×
Q3 24
0.09×
Q2 24
0.09×
Q1 24
0.09×

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
ZION
ZION
Operating Cash FlowLast quarter
$379.0M
$1.1B
Free Cash FlowOCF − Capex
$952.0M
FCF MarginFCF / Revenue
106.8%
Capex IntensityCapex / Revenue
13.6%
Cash ConversionOCF / Net Profit
3.79×
4.08×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
ZION
ZION
Q4 25
$1.1B
Q3 25
$438.0M
Q2 25
$379.0M
$-62.0M
Q1 25
$179.0M
Q4 24
$1.1B
Q3 24
$119.0M
Q2 24
$231.0M
$251.0M
Q1 24
$261.0M
Free Cash Flow
BEP
BEP
ZION
ZION
Q4 25
$952.0M
Q3 25
$413.0M
Q2 25
$-93.0M
Q1 25
$152.0M
Q4 24
$1.1B
Q3 24
$97.0M
Q2 24
$234.0M
Q1 24
$231.0M
FCF Margin
BEP
BEP
ZION
ZION
Q4 25
106.8%
Q3 25
48.0%
Q2 25
-11.1%
Q1 25
19.1%
Q4 24
128.2%
Q3 24
12.2%
Q2 24
30.1%
Q1 24
31.1%
Capex Intensity
BEP
BEP
ZION
ZION
Q4 25
13.6%
Q3 25
2.9%
Q2 25
3.7%
Q1 25
3.4%
Q4 24
11.8%
Q3 24
2.8%
Q2 24
2.2%
Q1 24
4.0%
Cash Conversion
BEP
BEP
ZION
ZION
Q4 25
4.08×
Q3 25
1.97×
Q2 25
3.79×
-0.25×
Q1 25
1.05×
Q4 24
5.31×
Q3 24
0.56×
Q2 24
1.25×
Q1 24
1.71×

Financial Flow Comparison

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

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