Northland Power Ratios and Metrics

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Jan '25 Jan 21, 2025	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Market Capitalization	4,812	6,127	9,146	8,602	9,220	4,908	Upgrade
Market Cap Growth	7.40%	-33.00%	6.32%	-6.71%	87.87%	25.51%	Upgrade
Enterprise Value	12,336	13,769	15,249	16,881	17,725	13,077	Upgrade
PE Ratio	-	-	11.20	48.12	24.94	15.88	Upgrade
PS Ratio	1.97	2.74	3.73	4.11	4.47	2.96	Upgrade
PB Ratio	1.21	1.37	1.94	2.90	4.60	3.25	Upgrade
P/FCF Ratio	33.98	17.81	6.63	7.55	8.42	10.71	Upgrade
P/OCF Ratio	7.48	7.80	4.99	5.35	6.98	4.01	Upgrade
EV/Sales Ratio	5.14	6.17	6.23	8.06	8.60	7.88	Upgrade
EV/EBITDA Ratio	9.62	10.02	9.22	12.00	12.51	10.58	Upgrade
EV/EBIT Ratio	20.39	18.84	14.66	21.69	20.88	16.87	Upgrade
EV/FCF Ratio	87.11	40.01	11.05	14.81	16.19	28.53	Upgrade
Debt / Equity Ratio	1.73	1.66	1.51	2.74	4.12	5.15	Upgrade
Debt / EBITDA Ratio	5.04	5.35	4.28	5.74	5.79	6.26	Upgrade
Debt / FCF Ratio	54.34	21.61	5.18	7.14	7.53	16.99	Upgrade
Quick Ratio	1.00	0.91	1.06	0.76	0.77	0.41	Upgrade
Current Ratio	1.17	1.13	1.23	1.01	1.02	0.91	Upgrade
Asset Turnover	0.17	0.16	0.18	0.17	0.19	0.16	Upgrade
Return on Equity (ROE)	-1.02%	-2.09%	24.85%	10.86%	27.61%	29.61%	Upgrade
Return on Assets (ROA)	3.74%	3.28%	4.80%	4.01%	4.85%	4.66%	Upgrade
Return on Capital (ROIC)	4.26%	3.84%	5.66%	4.56%	5.43%	5.16%	Upgrade
Earnings Yield	-3.13%	-2.86%	9.05%	2.20%	4.13%	6.54%	Upgrade
FCF Yield	2.94%	5.62%	15.09%	13.25%	11.88%	9.34%	Upgrade
Dividend Yield	6.24%	5.27%	3.57%	3.60%	3.08%	5.35%	Upgrade
Payout Ratio	0.00%	-	25.14%	96.84%	57.80%	67.46%	Upgrade
Buyback Yield / Dilution	-2.14%	-7.01%	-7.90%	-8.79%	-7.22%	1.04%	Upgrade
Total Shareholder Return	4.10%	-1.74%	-4.33%	-5.19%	-4.14%	6.39%	Upgrade

Source: S&P Capital IQ. Utility template. Financial Sources.