# Brookfield Renewable Partners L.P. (BEP-UN.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Utilities / Independent Power and Renewable Electricity Producers. Price C$43.50, market value C$21.2 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Brookfield Renewable Partners L.P. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **Price / book: 2.5×**. The shares trade at 2.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 10.4×**. Enterprise value is 10.4× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -30.9%** (5-yr avg -20.8%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 33.2%**. Brookfield Renewable Partners L.P. keeps 33.2% of revenue after the direct cost of what it sells.
- **Operating margin: 10.7%**. 10.7% of revenue is left after running the business.
- **Net margin: -0.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -0.4%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 0.9%**. Return on all capital, debt included, is 0.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 0.1%**. Each dollar of assets produces 0.1% of profit.

## Growth
- **Revenue growth (1 yr): 10.9%** (3-yr 11.4%/yr, 5-yr 11.3%/yr). Revenue grew 10.9% over the last year, against 11.3% a year compounded over five years.
- **EPS growth (1 yr): 92.4%**. Earnings per share rose 92.4%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 7.78**. Debt is 7.78 times equity, a leveraged balance sheet, which is normal for utilities.
- **Net debt / EBITDA: 7.1×**. It would take 7.1 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 0.3×**. Operating profit covers interest only 0.3×: fragile.
- **Current ratio: 0.57** (quick 0.56). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 0.25**. A Z-score of 0.25 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.99%** (C$2.17 per share, trailing). Brookfield Renewable Partners L.P. yields 4.99%, an income-level yield.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Dividend growth (5 yr): 2.8%/yr** (1-yr 5.1%). The dividend has grown 2.8% a year over five years.
- **Shareholder yield: 4.9%**. Dividends plus net buybacks return 4.9% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (4 analysts). 4 analysts cover Brookfield Renewable Partners L.P.; the consensus is buy, with an average price target of C$45.32 (+4% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 29.5%** (YTD 19.2%, 3-mo -14.4%). The shares are up 29.5% over twelve months including dividends.
- **From 52-week high: -17.7%** (27.0% above the low). Trading 18% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 39**. An RSI of 39 is neutral.
- **Beta (1 yr): 0.41** (volatility 28%). Beta of 0.41 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BEP-UN.TO · Page: https://foliofundamentals.com/stocks/bep-un.to

Not investment advice.