BEP's asset base expanded roughly 42% from $73.8B in 2024Q2 to $105.0B in 2026Q3, yet reported net margin stayed negative at -8.3% and ROE at -0.4%, suggesting that growth is not yet converting into positive earnings.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue reached $1.8B in 2026Q3 (up 10.1% year over year), but operating margin compressed to 6.9% from roughly 19% in 2025Q2 and net margin remained at -8.3%, indicating that top-line gains are being absorbed by depreciation, financing costs and non-operating charges.
BEP has demonstrated impressive financial results, with a significant year-over-year increase in Funds From Operations (FFO) per unit, meeting its growth targets. Management projects double-digit FFO per unit growth and consistent distributable profit growth annually.
BEP owns and operates a global portfolio of renewable power generating facilities, including hydroelectric, wind, solar, and storage assets across multiple continents. The company has a substantial development pipeline and is actively commissioning new capacity each year, with plans to accelerate this in the coming years.
BEP has secured significant multi-gigawatt agreements with major corporate clients like Google and Microsoft, positioning itself as a preferred clean energy provider. The increasing demand for energy driven by technological advancements, particularly the AI revolution and the growth of data centers, is expected to significantly benefit BEP.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 4, 2026 | -$0.52-4.8% vs -$0.50 | $1.8B+21.9% vs $1.5B |
Q3 2026 Jul 31, 2026 | -$0.37-5.7% vs -$0.35 | $1.7B+9.4% vs $1.6B |
Q2 2026 May 1, 2026 | -$0.40-11.1% vs -$0.36 | $1.5B+1.0% vs $1.5B |
Q1 2026 Jan 30, 2026 | $0.54+258.8% vs -$0.34 | $1.5B+8.7% vs $1.4B |
The last AP1000 builds in the U.S. blew past their budgets and bankrupted Westinghouse. This time the structure looks different, and that's what matters.
The income draws investors in, but the growth story is what makes Brookfield Renewable so attractive.
With demand for electricity growing at a rapid clip, nuclear power is increasingly important.
Brookfield Renewable Partners NYSE: BEP reported record third-quarter funds from operations, as newly commissioned projects and gains from asset sales supported growth. The company also extended the voting deadline for its proposed corporate simplification after participation by unitholders fell short of the required threshold.
Benchmark BEP against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Brookfield Renewable Partners L.P. (BEP)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $31.14 | $9.53B | 166.79 | 10.95% | 0.86% | 0.16% | 12.98% | |
| $34.10 | $7.01B | 45.34 | 4.23% | 5.78% | 1.59% | 8.82% | |
| $86.95 | $181.36B | 15.67 | 11% | 39.92% | 16.89% | 2.58% | |
| $14.87 | $10.6B | 5.82 | -0.37% | 13.46% | 15.23% | 4.73% | |
| $49.88 | $1.43B | 7.75 | 19.25% | 95.28% | 13.96% | 4.96% | |
| $28.47 | $3.76B | 42.40 | 10.72% | 7.49% | 7.87% | — |
Brookfield Renewable Partners L.P. (BEP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Brookfield Renewable Partners L.P. (BEP) stock FAQ — growth, dividends, profitability & financials explained
Brookfield Renewable Partners L.P. (BEP) reported $6.52B in revenue in fiscal year 2025, which is also its trailing twelve months. That is 141947% more than the $4.6M of fiscal year 1999.
Brookfield Renewable Partners L.P. (BEP) grew revenue by 3.2% over the trailing twelve months, compared with the twelve months before.
Yes. Brookfield Renewable Partners L.P. (BEP) earned $56.0M in net income over the trailing twelve months (a 0.9% net margin).
Yes. Brookfield Renewable Partners L.P. (BEP) pays a dividend that yields 12.98% at the current price, a high yield.
Brookfield Renewable Partners L.P. (BEP) had a return on equity (ROE) of 0.2% over the trailing twelve months. That is below the market's typical 10-15%.
Brookfield Renewable Partners L.P. (BEP) had negative free cash flow of $6.15B over the trailing twelve months.
