Boralex Inc. (TSX:BLX)
Canada · Delayed Price · Currency is CAD 37.20
+0.10 (0.27%)
Aug 7, 2026, 4:00 PM EST
Boralex Financials Overview
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 898 | 849 | 853 | 1,022 | 836 | 691 |
Revenue Growth | 9.25% | -0.47% | -16.54% | 22.25% | 20.98% | 9.16% |
Gross Profit Gross Profit Growth | 541 | 512 | 523 | 538 | 490 | 477 |
Operating Income Operating Income Growth | 193 | 166 | 226 | 226 | 112 | 182 |
Net Income Net Income Growth | -32 | 7 | 36 | 78 | 30 | 17 |
Earnings Per Share EPS Growth | -0.31 | 0.06 | 0.35 | 0.76 | 0.30 | 0.16 |
EPS Growth | - | -82.86% | -53.95% | 153.33% | 87.50% | -70.91% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
North America - Wind Farms North America - Wind Farms Growth | 286 | 297 | 264 | 245 | 283 |
North America - Solar Power Stations North America - Solar Power Stations Growth | 47 | 41 | 37 | 38 | 42 |
North America - Hydroelectric Power Stations North America - Hydroelectric Power Stations Growth | 61 | 62 | 67 | 72 | 71 |
North America - Battery Energy Storage Systems North America - Battery Energy Storage Systems Growth | - | 2 | - | - | - |
Europe - Wind Farms Europe - Wind Farms Growth | 415 | 380 | 438 | 626 | 398 |
Europe - Solar Power Stations Europe - Solar Power Stations Growth | 14 | 14 | 11 | 13 | 18 |
Total Total Growth | 846 | 796 | 817 | 994 | 818 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 375 | 292 | 592 | 478 | 361 | 256 |
Total Debt Total Debt Growth | 4,721 | 4,659 | 4,301 | 3,619 | 3,607 | 3,909 |
Net Cash (Debt) Net Cash Growth | -4,346 | -4,367 | -3,709 | -3,141 | -3,246 | -3,653 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -42.10 | -42.49 | -36.08 | -30.60 | -32.46 | -34.38 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 343 | 362 | 215 | 496 | 513 | 345 |
Capital Expenditures CapEx Growth | -431 | -611 | -398 | -260 | -246 | -167 |
Free Cash Flow Free Cash Flow Growth | -88 | -249 | -183 | 236 | 267 | 178 |
Free Cash Flow Growth | - | - | - | -11.61% | 50.00% | -17.97% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 60.25% | 60.31% | 61.31% | 52.64% | 58.61% | 69.03% |
Operating Margin | 21.49% | 19.55% | 26.49% | 22.11% | 13.40% | 26.34% |
Pretax Margin | -0.56% | 4.36% | 12.90% | 15.07% | 2.15% | 6.37% |
Profit Margin | 0.11% | 3.89% | 8.68% | 11.25% | 0.96% | 3.76% |
FCF Margin | -9.80% | -29.33% | -21.45% | 23.09% | 31.94% | 25.76% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 10, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 0.660 | 0.660 | 0.660 | 0.660 | 0.660 | 0.660 |
Dividend Per Share Growth | 0% | 0% | 0% | 0% | 0% | 0% |
Dividend Yield | 1.77% | 2.61% | 2.30% | 1.97% | 1.70% | 1.85% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 10, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | - | 422.17 | 82.03 | 44.32 | 133.40 | 216.75 |
Forward PE | 53.27 | 18.50 | 26.63 | 34.37 | 71.99 | 56.57 |
P/FCF Ratio | - | - | - | 14.67 | 15.40 | 19.99 |
PS Ratio | 4.26 | 3.07 | 3.46 | 3.39 | 4.92 | 5.15 |