Boralex (BLX) Stock Overview
Engages in the developing, building, and operating power generating and storage facilities in Canada, France, and the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
BLX Community Fair Values
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Boralex Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$31.82 |
| 52 Week High | CA$36.63 |
| 52 Week Low | CA$24.40 |
| Beta | 0.16 |
| 1 Month Change | -2.33% |
| 3 Month Change | 8.08% |
| 1 Year Change | -2.93% |
| 3 Year Change | -27.35% |
| 5 Year Change | -8.33% |
| Change since IPO | 748.53% |
Recent News & Updates
Boralex (TSE:BLX) Will Want To Turn Around Its Return Trends
Jul 05
Is Boralex (TSE:BLX) A Risky Investment?
Jun 17We Think You Can Look Beyond Boralex's (TSE:BLX) Lackluster Earnings
May 22Recent updates
Boralex (TSE:BLX) Will Want To Turn Around Its Return Trends
Jul 05Is Boralex (TSE:BLX) A Risky Investment?
Jun 17We Think You Can Look Beyond Boralex's (TSE:BLX) Lackluster Earnings
May 22Boralex's (TSE:BLX) Returns On Capital Are Heading Higher
Feb 21
New Projects And Partnerships Will Expand Renewable Capacity Amid Great British Energy Support
Expansion through new projects in Quebec, Scotland, and Ontario is expected to drive future revenue growth and enhanced risk management.Boralex Inc.'s (TSE:BLX) P/E Still Appears To Be Reasonable
Jan 27Is Boralex (TSE:BLX) A Risky Investment?
Jan 09We Ran A Stock Scan For Earnings Growth And Boralex (TSE:BLX) Passed With Ease
Oct 22Boralex Inc.'s (TSE:BLX) P/E Still Appears To Be Reasonable
Oct 04Boralex (TSE:BLX) Is Doing The Right Things To Multiply Its Share Price
Sep 19We Think Boralex (TSE:BLX) Is Taking Some Risk With Its Debt
Sep 04Returns Are Gaining Momentum At Boralex (TSE:BLX)
Jun 09Boralex Inc.'s (TSE:BLX) Popularity With Investors Is Clear
Apr 09Boralex (TSE:BLX) Takes On Some Risk With Its Use Of Debt
Feb 13Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital
Dec 02Here's Why Boralex (TSE:BLX) Is Weighed Down By Its Debt Load
Nov 02Returns At Boralex (TSE:BLX) Appear To Be Weighed Down
Aug 17Is Boralex (TSE:BLX) A Risky Investment?
Aug 01Industry Analysts Just Upgraded Their Boralex Inc. (TSE:BLX) Revenue Forecasts By 10%
May 11Boralex (TSE:BLX) Has A Somewhat Strained Balance Sheet
May 02Boralex's (TSE:BLX) Returns On Capital Are Heading Higher
Apr 17Calculating The Fair Value Of Boralex Inc. (TSE:BLX)
Mar 20Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today
Feb 27Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?
Jan 27Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital
Jan 14Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today
Nov 28A Look At The Fair Value Of Boralex Inc. (TSE:BLX)
Nov 08Returns Are Gaining Momentum At Boralex (TSE:BLX)
Oct 11Boralex (TSE:BLX) Seems To Use Debt Quite Sensibly
Sep 29With EPS Growth And More, Boralex (TSE:BLX) Makes An Interesting Case
Aug 22Calculating The Intrinsic Value Of Boralex Inc. (TSE:BLX)
Aug 08Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital
Jul 07Shareholder Returns
| BLX | CA Renewable Energy | CA Market | |
|---|---|---|---|
| 7D | 1.9% | 3.7% | 0.6% |
| 1Y | -2.9% | 14.8% | 16.4% |
Return vs Industry: BLX underperformed the Canadian Renewable Energy industry which returned 14.8% over the past year.
Return vs Market: BLX underperformed the Canadian Market which returned 16.4% over the past year.
Price Volatility
| BLX volatility | |
|---|---|
| BLX Average Weekly Movement | 3.2% |
| Renewable Energy Industry Average Movement | 4.4% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in CA Market | 18.4% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: BLX has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: BLX's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 816 | Patrick Decostre | www.boralex.com |
Boralex Inc., together with its subsidiaries, engages in the developing, building, and operating power generating and storage facilities in Canada, France, and the United States. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2024, the company operates 103 wind farms; 13 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with an installed capacity of 1,819 megawatts (MW) in North America; 1,085 MW in Canada; 734 MW in the United States; and 1,343 MW in Europe.
Boralex Inc. Fundamentals Summary
| BLX fundamental statistics | |
|---|---|
| Market cap | CA$3.26b |
| Earnings (TTM) | CA$11.00m |
| Revenue (TTM) | CA$822.00m |
Is BLX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BLX income statement (TTM) | |
|---|---|
| Revenue | CA$822.00m |
| Cost of Revenue | CA$194.00m |
| Gross Profit | CA$628.00m |
| Other Expenses | CA$617.00m |
| Earnings | CA$11.00m |
Last Reported Earnings
Mar 31, 2025
Next Earnings Date
Aug 08, 2025
| Earnings per share (EPS) | 0.11 |
| Gross Margin | 76.40% |
| Net Profit Margin | 1.34% |
| Debt/Equity Ratio | 198.3% |
How did BLX perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/17 21:33 |
| End of Day Share Price | 2025/07/17 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Boralex Inc. is covered by 28 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Westby | ATB Capital Markets |
| Benjamin Pham | BMO Capital Markets Equity Research |
| Massimo Fiore | Cantor Fitzgerald Canada Corporation |