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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 19, 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 Capitalization	5,531	4,668	4,644	6,127	9,146	8,602
Market Cap Growth	-6.00%	0.52%	-24.21%	-33.01%	6.32%	-6.71%
Enterprise Value	12,210	11,673	12,168	13,769	15,249	16,881
PE Ratio	-	-	17.48	-	11.20	48.12
PS Ratio	2.17	1.91	1.97	2.73	3.74	4.11
PB Ratio	1.22	1.06	1.02	1.37	1.94	2.90
P/FCF Ratio	4.89	3.62	9.74	16.58	6.63	7.55
P/OCF Ratio	4.28	3.27	4.51	7.56	4.99	5.35
EV/Sales Ratio	4.79	4.78	5.16	6.14	6.23	8.06
EV/EBITDA Ratio	6.95	7.69	7.97	9.95	9.22	12.00
EV/EBIT Ratio	11.75	14.47	14.20	18.58	14.66	21.69
EV/FCF Ratio	10.81	9.04	25.52	37.26	11.05	14.81
Debt / Equity Ratio	1.50	1.61	1.63	1.66	1.51	2.74
Debt / EBITDA Ratio	4.27	4.65	4.83	5.31	4.28	5.74
Debt / FCF Ratio	6.04	5.53	15.60	20.12	5.18	7.14
Net Debt / Equity Ratio	1.35	1.46	1.49	1.47	1.17	2.52
Net Debt / EBITDA Ratio	3.89	4.26	4.44	4.75	3.34	5.31
Net Debt / FCF Ratio	5.44	5.01	14.23	17.79	4.00	6.55
Quick Ratio	0.90	0.93	0.90	0.99	1.06	0.76
Current Ratio	1.04	1.07	1.05	1.13	1.23	1.01
Asset Turnover	0.19	0.18	0.17	0.16	0.18	0.17
Return on Equity (ROE)	-1.27%	-2.41%	8.22%	-2.09%	24.85%	10.86%
Return on Assets (ROA)	4.09%	3.76%	3.93%	3.33%	4.80%	4.01%
Return on Capital Employed (ROCE)	7.30%	6.70%	7.00%	6.00%	8.40%	6.80%
Earnings Yield	-2.68%	-3.50%	5.85%	-2.86%	9.05%	2.20%
FCF Yield	20.43%	27.65%	10.27%	6.03%	15.09%	13.25%
Dividend Yield	3.40%	6.63%	7.24%	5.69%	3.86%	3.89%
Payout Ratio	-	-	76.02%	-	25.14%	96.84%
Buyback Yield / Dilution	-0.65%	-1.55%	-1.82%	-7.01%	-7.90%	-8.79%
Total Shareholder Return	2.75%	5.07%	5.42%	-1.32%	-4.05%	-4.90%