Boralex Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 28, 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
Market Cap	3,774	2,603	2,950	3,461	4,113	3,559
Market Cap Growth	29.08%	-11.78%	-14.76%	-15.84%	15.56%	-26.59%
Enterprise Value	8,599	7,164	6,722	6,706	7,282	7,186
Last Close Price	36.73	25.33	28.71	33.68	40.02	34.68
PE Ratio	539.17	422.17	82.03	44.32	133.40	216.75
Forward PE	39.94	18.50	26.63	34.37	71.99	56.57
PEG Ratio	-	1.73	1.73	1.73	1.73	1.73
PS Ratio	4.45	3.07	3.46	3.39	4.92	5.15
PB Ratio	1.90	1.69	1.84	2.12	2.45	3.56
P/TBV Ratio	2.47	1.69	1.84	2.12	2.38	3.68
P/FCF Ratio	-	-10.45	-16.12	14.67	15.40	19.99
P/OCF Ratio	10.43	7.19	13.72	6.98	8.02	10.32
EV/Sales Ratio	10.13	8.44	7.88	6.56	8.71	10.40
EV/EBITDA Ratio	15.87	14.71	12.85	12.92	17.89	15.00
EV/EBIT Ratio	38.91	43.16	29.75	29.67	65.01	39.48
EV/FCF Ratio	-34.53	-28.77	-36.73	28.42	27.27	40.37
Debt / Equity Ratio	2.21	2.21	1.95	1.64	1.57	3.03
Debt / EBITDA Ratio	9.57	9.57	8.22	6.97	8.86	8.16
Debt / FCF Ratio	-19.02	-18.71	-23.50	15.34	13.51	21.96
Net Debt / Equity Ratio	2.83	2.83	2.32	1.93	1.93	3.65
Net Debt / EBITDA Ratio	8.97	8.97	7.09	6.05	7.98	7.63
Net Debt / FCF Ratio	-17.82	-17.54	-20.27	13.31	12.16	20.52
Asset Turnover	0.11	0.11	0.12	0.16	0.14	0.12
Quick Ratio	1.05	1.05	0.89	1.00	0.72	1.02
Current Ratio	1.29	1.29	0.96	1.08	0.78	1.16
Return on Equity (ROE)	1.64%	1.64%	3.66%	5.68%	0.49%	2.36%
Return on Assets (ROA)	1.94%	1.94%	2.14%	2.57%	0.81%	1.94%
Return on Invested Capital (ROIC)	2.19%	2.19%	2.51%	2.94%	0.89%	2.10%
Return on Capital Employed (ROCE)	2.41%	2.41%	3.62%	3.90%	2.02%	3.55%
Earnings Yield	0.19%	0.24%	1.22%	2.26%	0.75%	0.46%
FCF Yield	-6.60%	-9.57%	-6.20%	6.82%	6.49%	5.00%
Dividend Yield	1.80%	2.61%	2.30%	1.97%	1.70%	1.85%
Payout Ratio	971.43%	971.43%	188.89%	87.18%	226.67%	400.00%
Buyback Yield / Dilution	0.03%	0.03%	-0.18%	-2.63%	5.88%	-6.25%
Total Shareholder Return	1.82%	2.64%	2.13%	-0.66%	7.58%	-4.40%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.