Latest Ratios: P/E Ratio -2.8x · EV/EBITDA 7.7x · ROE -18.9%. (2017–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.4B | $6.9B | $4.0B | $5.2B | $4.7B | $6.3B | $10.0B | — | — | — |
| Enterprise Value | $25.8B | $27.3B | $17.7B | $21.3B | $18.4B | $19.8B | $22.9B | — | — | — |
| P/E Ratio → | -2.80 | — | 16.97 | — | 3.15 | 6.71 | — | — | — | — |
| P/S Ratio | 1.45 | 1.85 | 0.97 | 1.30 | 1.26 | 1.85 | 3.15 | — | — | — |
| P/B Ratio | 0.52 | 0.54 | 0.33 | 0.30 | 0.28 | 0.45 | 0.86 | — | — | — |
| P/FCF | — | — | — | 9.00 | 8.34 | — | 16.21 | — | — | — |
| P/OCF | 10.63 | 13.59 | 5.33 | 3.23 | 2.84 | 16.06 | 10.11 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 7.31 | 4.28 | 5.37 | 4.87 | 5.78 | 7.19 | — | — | — |
| EV / EBITDA | 7.66 | 8.11 | 7.80 | 8.83 | 7.55 | 6.23 | 7.54 | — | — | — |
| EV / EBIT | 12.13 | — | 7.81 | 13.00 | 6.13 | 20.81 | 25.21 | — | — | — |
| EV / FCF | — | — | — | 37.05 | 32.32 | — | 36.98 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.9% | 59.9% | 57.3% | 63.0% | 68.9% | 65.4% | 66.7% | 41.7% | 64.7% | 59.1% |
| Operating Margin | 56.9% | 56.9% | 24.3% | 26.7% | 33.0% | 60.3% | 61.9% | 33.5% | 14.4% | 30.7% |
| Net Profit Margin | -62.9% | -62.9% | 5.7% | -4.6% | 39.8% | 27.6% | -85.9% | 5.1% | 2.4% | -0.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -18.9% | -18.9% | 1.6% | -1.1% | 9.7% | 7.3% | -18.5% | 1.4% | 0.7% | -0.1% |
| ROA | -4.4% | -4.4% | 0.5% | -0.4% | 3.5% | 2.3% | -7.3% | 0.7% | 0.4% | -0.1% |
| ROIC | 5.4% | 5.4% | 2.6% | 2.5% | 3.2% | 5.9% | 5.4% | 4.3% | 2.4% | 6.8% |
| ROCE | 5.7% | 5.7% | 2.7% | 2.7% | 3.6% | 6.6% | 6.2% | 5.0% | 2.8% | 7.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.69 | 1.69 | 1.16 | 0.97 | 0.84 | 0.98 | 1.13 | 0.69 | 0.39 | 0.40 |
| Debt / EBITDA | 6.34 | 6.34 | 6.21 | 6.87 | 5.78 | 4.36 | 4.35 | 4.49 | 4.96 | 1.48 |
| Net Debt / Equity | — | 1.61 | 1.13 | 0.94 | 0.81 | 0.95 | 1.10 | 0.67 | 0.38 | 0.39 |
| Net Debt / EBITDA | 6.06 | 6.06 | 6.04 | 6.69 | 5.60 | 4.23 | 4.23 | 4.38 | 4.87 | 1.43 |
| Debt / FCF | — | — | — | 28.06 | 23.98 | — | 20.77 | 47.24 | 36.09 | 6.70 |
| Interest Coverage | -0.41 | -0.41 | 1.36 | 1.30 | 2.91 | 1.06 | 1.11 | 1.83 | 1.40 | 1.82 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.26 | 0.26 | 0.28 | 0.40 | 0.47 | 0.26 | 0.16 | 0.96 | 1.10 | 1.30 |
| Quick Ratio | 0.25 | 0.25 | 0.27 | 0.39 | 0.47 | 0.26 | 0.16 | 0.93 | 0.97 | 1.30 |
| Cash Ratio | 0.05 | 0.05 | 0.03 | 0.05 | 0.06 | 0.05 | 0.04 | 0.21 | 0.12 | 0.22 |
| Asset Turnover | — | 0.06 | 0.09 | 0.08 | 0.09 | 0.08 | 0.08 | 0.12 | 0.13 | 0.24 |
| Inventory Turnover | 34.08 | 34.08 | 50.49 | 22.55 | 65.22 | 59.25 | 48.23 | 67.46 | 10.03 | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.1% | 0.1% | — | — | 2.1% | — | 3.1% | — | — | — |
| Payout Ratio | — | — | — | — | 6.8% | — | — | 380.6% | 687.5% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 5.9% | — | 31.7% | 14.9% | — | — | — | — |
| FCF Yield | — | — | — | 11.1% | 12.0% | — | 6.2% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.6% | — | — | — |
| Total Shareholder Yield | 0.1% | 0.1% | 0.0% | 0.0% | 2.1% | 0.0% | 3.7% | — | — | — |
| Shares Outstanding | — | $180M | $145M | $180M | $172M | $172M | $172M | $306M | $306M | $306M |
High leverage and equity erosion
According to current market data, BEPC trades at a negative TTM P/E of -2.89 and a P/B of 0.54, suggesting that investors are heavily discounting the company's equity value due to persistent net losses and the structural complexity of its global renewable asset portfolio.
The negative P/E ratio reflects the disconnect between GAAP earnings and the company's underlying cash-generating capacity, rendering traditional earnings-based valuation metrics largely irrelevant. Investors appear to be pricing the stock based on its role as a yield-oriented vehicle, yet the minimal 0.1% dividend yield suggests that the market is currently prioritizing capital preservation over income distribution.
As reported in quarterly balance sheets, BEPC's debt-to-capital ratio has trended upward to 0.68 in 2026Q1, a figure that warrants caution given the company's negative equity position and the significant reliance on non-recourse project-level debt to fund its aggressive capital expenditure program.
The deterioration in interest coverage, which reached -5.23 in 2026Q1, indicates that the cost of servicing debt is increasingly outpacing operational income. This leverage profile suggests that the company's financial flexibility is constrained, leaving it vulnerable to interest rate volatility and potential refinancing risks in the coming periods.
Based on the provided financial statements, BEPC's dividend yield of 0.1% and the absence of consistent payout data suggest that the company is currently prioritizing capital reinvestment over shareholder distributions, likely due to the significant cash flow deficits inherent in its current development cycle.
The company's reliance on external financing to fund its capital-intensive projects implies that any dividend payment is effectively being subsidized by debt or equity issuance rather than organic cash flow. Investors should monitor whether the company can transition to self-funding its growth before expecting a meaningful increase in dividend reliability.
The most commonly misapplied metric for BEPC is the standard P/E ratio, which fails to account for the massive non-cash depreciation charges inherent in hydroelectric assets and obscures the company's true economic performance as measured by Funds From Operations (FFO).
Using P/E to evaluate a capital-intensive renewable utility like BEPC leads to distorted conclusions because it treats non-cash accounting charges as operational losses. Analysts should instead utilize FFO or Cash Available for Distribution (CAFD) to assess the company's ability to cover its obligations and fund future growth, as these metrics better reflect the underlying cash-generating power of the asset base.
Includes 30+ ratios · 9 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying BEPC stock.
Brookfield Renewable Corporation's current P/E ratio is -2.8x. The historical average is 8.9x.
Brookfield Renewable Corporation's current EV/EBITDA is 7.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.7x.
Brookfield Renewable Corporation's return on equity (ROE) is -18.9%. The historical average is -2.0%.
Based on historical data, Brookfield Renewable Corporation is trading at a P/E of -2.8x. Compare with industry peers and growth rates for a complete picture.
Brookfield Renewable Corporation's current dividend yield is 0.08%.
Brookfield Renewable Corporation has 59.9% gross margin and 56.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Brookfield Renewable Corporation's Debt/EBITDA ratio is 6.3x, indicating high leverage. A ratio above 4x may signal elevated financial risk.