Ballard Power Systems Inc. (BLDP)

Ballard Power Systems Ratios and Metrics

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

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 19, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	1,334	765	522	1,065	1,407	3,438
Market Cap Growth	256.44%	46.70%	-51.03%	-24.28%	-59.08%	-43.69%
Enterprise Value	827.05	253.92	-88.67	352.75	515.35	2,416
PS Ratio	12.90	7.72	7.17	10.80	17.42	35.81
PB Ratio	2.31	1.30	0.74	1.12	1.23	2.82
P/TBV Ratio	2.16	1.78	1.07	1.48	1.80	3.53
EV/Sales Ratio	8.00	2.56	-1.22	3.58	6.38	25.16
EV/EBITDA Ratio	-	-	0.50	-	-	-
EV/EBIT Ratio	-	-	0.46	-	-	-
EV/FCF Ratio	-	-	0.63	-	-	-
Debt / Equity Ratio	0.03	0.03	0.03	0.01	0.01	0.01
Net Debt / Equity Ratio	-0.86	-0.86	-0.86	-0.74	-0.78	-0.84
Net Debt / EBITDA Ratio	5.96	5.13	3.40	4.92	6.84	14.16
Net Debt / FCF Ratio	10.51	7.71	4.35	5.04	5.42	11.85
Asset Turnover	0.15	0.14	0.08	0.09	0.06	0.09
Inventory Turnover	2.09	1.87	1.79	2.39	1.74	2.26
Quick Ratio	9.85	9.11	8.44	11.50	13.18	14.11
Current Ratio	10.70	9.86	9.25	12.25	14.06	14.78
Return on Equity (ROE)	-13.92%	-14.40%	-38.88%	-13.41%	-12.90%	-10.26%
Return on Assets (ROA)	-13.10%	-14.18%	-19.77%	-14.03%	-10.82%	-7.31%
Return on Invested Capital (ROIC)	-73.97%	-80.26%	-87.27%	-56.66%	-51.41%	-38.82%
Return on Capital Employed (ROCE)	-14.32%	-15.64%	-21.46%	-14.94%	-11.48%	-7.72%
Buyback Yield / Dilution	-0.36%	-0.28%	-0.22%	7.04%	-8.80%	-18.84%
Total Shareholder Return	-0.36%	-0.28%	-0.22%	7.04%	-8.80%	-18.84%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q