Financials · BEP

Brookfield Renewable Partners L.P. Limited Partnership Units (BEP) financials

For fiscal 2025 (ended Dec 31, 2025), Brookfield Renewable Partners L.P. Limited Partnership Units reported $6.41B of revenue and -$71.00M of net income.

Revenue, FY2025
$6.41B
Revenue growth, YoY
+9.0%
Net income, FY2025
-$71.00M
Net margin
-1.1%
Free cash flow, FY2025
-$5.44B
EPS, diluted, FY2025
-$0.25
Cash
$2.09B
Total debt
$3.49B
P/S
3.31
Market cap
$21.21B
Annual revenue$6.41B
FY2016FY2025
Annual net income-$71.00M
FY2016FY2025
Annual free cash flow-$5.44B
FY2016FY2025

BEP revenue and earnings growth

BEP revenueFY2025$6.41B

FY YoY
+9.0%
5Y CAGR
+11.0%
10Y CAGR
+14.7%

BEP revenue was $6.41B for fiscal 2025 (ended Dec 31, 2025), up 9.0% from fiscal 2024. Compound annual growth was +11.0% over 5 years and +14.7% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 11 fiscal years on file.

BEP net incomeFY2025-$71.00M

BEP net income was -$71.00M for fiscal 2025 (ended Dec 31, 2025), compared with -$255.00M in fiscal 2024.

BEP EPSFY2025-$0.25

BEP diluted EPS was -$0.25 for fiscal 2025 (ended Dec 31, 2025), compared with -$0.89 in fiscal 2024.

BEP free cash flowFY2025-$5.44B

BEP free cash flow was -$5.44B for fiscal 2025 (ended Dec 31, 2025), compared with -$2.46B in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$6.41B$5.88B$5.04B$4.71B$4.10B$3.81B$3.97B$3.80B$2.63B$2.45B
Interest expense$189.00M$63.00M$35.00M$0$2.00M$2.00M$7.00M$13.00M--
Income tax-$614.00M-$191.00M-$48.00M-$2.00M$14.00M-$147.00M$43.00M-$343.00M$88.00M$53.00M
Net income-$71.00M-$255.00M-$91.00M-$166.00M-$191.00M-$184.00M-$88.00M$23.00M-$32.00M-$36.00M
EPS, basic-$0.25-$0.89-$0.32-$0.60-$0.69-$0.61-$0.26---
EPS, diluted-$0.25-$0.89-$0.32-$0.60-$0.69-$0.61-$0.26---

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$2.09B$3.13B$1.14B$998.00M$900.00M$607.00M$483.00M$422.00M$927.00M$223.00M
Receivables$2.54B$2.12B$1.52B$1.86B$1.68B$928.00M$979.00M$607.00M$554.00M$454.00M
Inventory$177.00M$154.00M$111.00M$42.00M$31.00M$26.00M$43.00M---
Current assets$12.30B$8.84B$4.61B$4.18B$2.89B$1.74B$2.02B$1.96B$1.67B$907.00M
Goodwill$6.02B$5.43B$1.94B$1.53B$966.00M$970.00M$949.00M$948.00M$901.00M$896.00M
Total assets$98.70B$94.81B$76.13B$64.11B$55.87B$49.72B$46.20B$34.10B$30.90B$27.74B
Current liabilities$21.70B$14.56B$8.04B$4.94B$3.22B$2.76B$2.42B$1.69B$2.51B$1.73B
Long-term debt$3.49B$3.09B$2.65B$2.30B$2.15B$2.13B$2.10B$2.33B$2.39B$9.15B
Total debt$3.49B$3.09B$2.65B$2.30B$2.15B$2.13B$2.10B$2.33B$2.39B$9.15B
Total liabilities$63.73B$58.35B$46.15B$37.83B$31.87B$27.95B$25.72B$16.90B$16.62B$15.06B
Shareholders' equity$3.97B$3.60B$29.98B$26.29B$24.00B$21.77B$20.48B$19.40B$15.56B$12.67B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$1.15B$1.27B$1.86B$1.71B$734.00M$1.30B$1.55B$1.29B$928.00M$632.00M
Capital expenditures$6.59B$3.73B$2.81B$2.19B$1.97B$447.00M$460.00M$271.00M$355.00M$369.00M
Free cash flow-$5.44B-$2.46B-$944.00M-$479.00M-$1.23B$849.00M$1.09B$1.01B$573.00M$263.00M
Investing cash flow-$8.65B-$6.80B-$4.36B-$5.07B-$2.54B-$382.00M-$1.21B-$1.08B-$328.00M-$3.19B
Financing cash flow$6.42B$7.65B$2.60B$3.49B$2.14B-$792.00M-$402.00M-$684.00M-$27.00M$2.71B

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY9.0%16.6%6.9%15.0%7.5%-4.1%4.6%44.6%7.1%50.6%
Net margin-1.1%-4.3%-1.8%-3.5%-4.7%-4.8%-2.2%0.6%-1.2%-1.5%
Free cash flow margin-84.9%-41.8%-18.7%-10.2%-30.1%22.3%27.5%26.7%21.8%10.7%
Return on equity-1.8%-7.1%-0.3%-0.6%-0.8%-0.8%-0.4%0.1%-0.2%-0.3%
Return on assets-0.1%-0.3%-0.1%-0.3%-0.3%-0.4%-0.2%0.1%-0.1%-0.1%
Current ratio0.570.610.570.850.900.630.831.160.660.52
Debt to equity0.880.860.090.090.090.100.100.120.150.72

Source: XBRL data Brookfield Renewable Partners L.P. Limited Partnership Units files with the SEC, latest filing dated Feb 27, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

BEP peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
BEP$6.41B+9.0%-$71.00M-1.1%$21.21B
BLK$28.54B+24.7%$6.91B24.2%$187.58B
BX$16.08B+22.1%$3.56B22.1%$93.11B
APO$30.82B+12.2%-$918.00M-3.0%$72.15B

BEP FAQ

8 questions
  • What is BEP revenue?
    Brookfield Renewable Partners L.P. Limited Partnership Units (BEP) reported $6.41B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 9.0% from the year before.
  • Is BEP profitable?
    No. Brookfield Renewable Partners L.P. Limited Partnership Units reported a net loss of $71.00M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does BEP have?
    Brookfield Renewable Partners L.P. Limited Partnership Units reported $2.09B in cash and cash equivalents and $3.49B of debt on its most recent balance sheet in SEC filings.
  • How fast is BEP revenue growing?
    Brookfield Renewable Partners L.P. Limited Partnership Units's revenue changed +9.0% in fiscal 2025, to $6.41B. Its compound annual growth rate was +11.0% over 5 years and +14.7% over 10 years.
  • What is BEP free cash flow?
    Brookfield Renewable Partners L.P. Limited Partnership Units generated -$5.44B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $1.15B less capital expenditures.
  • What is BEP earnings per share?
    Diluted earnings per share were -$0.25 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did BEP last report financial results?
    The latest statements here come from Brookfield Renewable Partners L.P. Limited Partnership Units's 20-F filed on Feb 27, 2026, covering the period ended Dec 31, 2025.
  • Where does this BEP financial data come from?
    Quantisnow builds these statements from the structured XBRL data Brookfield Renewable Partners L.P. Limited Partnership Units files with the SEC. It is provided for information only and is not investment advice.