Boralex Inc. (TSX:BLX)
Canada · Delayed Price · Currency is CAD 37.24
+0.01 (0.03%)
Inactive · Last trade price on Aug 17, 2026
Boralex Cash Flow Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | -14 | 7 | 36 | 78 | 30 | 17 |
Depreciation & Amortization | 335 | 321 | 297 | 293 | 295 | 297 |
Other Amortization | 12 | 12 | 11 | 12 | 14 | 14 |
Loss (Gain) on Sale of Investments | - | - | 35 | - | - | - |
Loss (Gain) on Equity Investments | 24 | 13 | -7 | -22 | -20 | 11 |
Asset Writedown | 11 | 17 | 5 | 20 | 85 | 4 |
Change in Accounts Receivable | 44 | 44 | -10 | 21 | -83 | -7 |
Change in Accounts Payable | -72 | -72 | -188 | 36 | 194 | -5 |
Change in Other Net Operating Assets | 2 | -2 | -2 | -6 | -1 | -6 |
Other Operating Activities | 1 | 22 | 38 | 64 | -1 | 20 |
Operating Cash Flow | 343 | 362 | 215 | 496 | 513 | 345 |
Operating Cash Flow Growth | 118.47% | 68.37% | -56.65% | -3.31% | 48.70% | -4.70% |
Investing Activities
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 |
Capital Expenditures | -431 | -611 | -398 | -260 | -246 | -167 |
Cash Acquisitions | - | - | - | - | -8 | -274 |
Sale (Purchase) of Intangibles | -68 | -43 | -54 | -12 | -10 | -12 |
Investment in Securities | -77 | -84 | -119 | 22 | -401 | -6 |
Other Investing Activities | 39 | -60 | -7 | 2 | -11 | 26 |
Investing Cash Flow | -537 | -798 | -578 | -268 | -684 | -433 |
Financing Activities
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 |
Long-Term Debt Issued | - | 656 | 955 | 418 | 184 | 416 |
Long-Term Debt Repaid | - | -422 | -372 | -470 | -566 | -253 |
Net Debt Issued (Repaid) | 284 | 234 | 583 | -52 | -382 | 163 |
Common Dividends Paid | -68 | -68 | -68 | -68 | -68 | -68 |
Other Financing Activities | -42 | -34 | -36 | 11 | 711 | -20 |
Financing Cash Flow | 174 | 132 | 479 | -109 | 261 | 75 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | 2 | 9 | -1 | 4 | 3 | -6 |
Net Cash Flow | -18 | -295 | 115 | 123 | 93 | -19 |
Free Cash Flow
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 |
Free Cash Flow | -88 | -249 | -183 | 236 | 267 | 178 |
Free Cash Flow Growth | - | - | - | -11.61% | 50.00% | -17.97% |
Free Cash Flow Margin | -9.80% | -29.33% | -21.45% | 23.09% | 31.94% | 25.76% |
Free Cash Flow Per Share | -0.86 | -2.42 | -1.78 | 2.29 | 2.60 | 1.73 |
Levered Free Cash Flow | -224 | -686.38 | 60.25 | 117.38 | 252.88 | 150.63 |
Unlevered Free Cash Flow | -123.5 | -594.63 | 132.38 | 189.75 | 320.13 | 222.25 |
Additional Metrics
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 |
Cash Interest Paid | 169 | 158 | 132 | 122 | 113 | 123 |
Cash Income Tax Paid | 17 | 20 | 30 | 26 | 7 | 14 |
Change in Working Capital | -26 | -30 | -200 | 51 | 110 | -18 |