Boralex Past Earnings Performance

Past criteria checks 5/6

Boralex has been growing earnings at an average annual rate of 47.6%, while the Renewable Energy industry saw earnings growing at 15.2% annually. Revenues have been growing at an average rate of 13% per year. Boralex's return on equity is 6.6%, and it has net margins of 9.5%.

Key information

47.6%

Earnings growth rate

47.7%

EPS growth rate

Renewable Energy Industry Growth-5.8%
Revenue growth rate13.0%
Return on equity6.6%
Net Margin9.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Boralex makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OTCPK:BRLX.F Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24940897049
30 Jun 24959956743
31 Mar 249861006440
31 Dec 231,022786440
30 Sep 231,026556941
30 Jun 23954196640
31 Mar 23910136238
31 Dec 22836305533
30 Sep 22707334930
30 Jun 22731574428
31 Mar 22710313926
31 Dec 21691173724
30 Sep 21689264225
30 Jun 21667404225
31 Mar 21641504323
31 Dec 20633554423
30 Sep 2061833822
30 Jun 20605-203821
31 Mar 20603-273723
31 Dec 19574-393524
30 Sep 19541-43327
30 Jun 19526-63328
31 Mar 19500-213126
31 Dec 18479-303126
30 Sep 18461-133123
30 Jun 1845612820
31 Mar 18452272720
31 Dec 17419222517
30 Sep 17364-102214
30 Jun 17343-32115
31 Mar 17316-81914
31 Dec 16302-21813
30 Sep 1630891813
30 Jun 1630841811
31 Mar 1630151810
31 Dec 15268-111810
30 Sep 15240-231613
30 Jun 15219-171512
31 Mar 15205-161412
31 Dec 14195-141310
30 Sep 14191-7135
30 Jun 14188-6135
31 Mar 14184-3134
31 Dec 13172-6134

Quality Earnings: BRLX.F has high quality earnings.

Growing Profit Margin: BRLX.F's current net profit margins (9.5%) are higher than last year (5.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BRLX.F has become profitable over the past 5 years, growing earnings by 47.6% per year.

Accelerating Growth: BRLX.F's earnings growth over the past year (61.8%) exceeds its 5-year average (47.6% per year).

Earnings vs Industry: BRLX.F earnings growth over the past year (61.8%) exceeded the Renewable Energy industry 26.9%.


Return on Equity

High ROE: BRLX.F's Return on Equity (6.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 09:53
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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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 .

Analyst Sources

Boralex Inc. is covered by 25 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.

AnalystInstitution
Mark WestbyATB Capital Markets
Benjamin PhamBMO Capital Markets Equity Research
Massimo FioreCantor Fitzgerald Canada Corporation