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Boralex Inc

Utilities CA BLX

36.86CAD
-0.01(0.03%)

Last update at 2026-06-03T20:00:00Z

Day Range

36.8636.94
LowHigh

52 Week Range

23.3436.88
LowHigh

Fundamentals

  • Previous Close 36.87
  • Market Cap3776.26M
  • Volume700581
  • P/E Ratio612.50
  • Dividend Yield1.80%
  • EBITDA477.00M
  • Revenue TTM849.00M
  • Revenue Per Share TTM8.26
  • Gross Profit TTM 645.00M
  • Diluted EPS TTM0.06

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 37.00M 110.00M 154.00M 18.00M 44.00M
Minority interest -26.00000M -38.00000M -37.00000M 22.00M -9.00000M
Net income 7.00M 36.00M 78.00M 8.00M 26.00M
Selling general administrative 71.00M 75.00M 64.00M 55.00M 37.00M
Selling and marketing expenses - - - - -
Gross profit 324.00M 358.00M 642.00M 578.00M 538.00M
Reconciled depreciation 321.00M 302.00M 293.00M 380.00M 297.00M
Ebit 191.00M 232.00M 219.00M 112.00M 182.00M
Ebitda 512.00M 534.00M 517.00M 519.00M 472.00M
Depreciation and amortization 321.00M 302.00M 298.00M 407.00M 290.00M
Non operating income net other - - - - -
Operating income 191.00M 226.00M 226.00M 112.00M 182.00M
Other operating expenses 658.00M 627.00M 796.00M 724.00M 505.00M
Interest expense 179.00M 124.00M 123.00M 117.00M 123.00M
Tax provision 4.00M 36.00M 39.00M 10.00M 18.00M
Interest income 17.00M 78.00M 16.00M 93.00M 135.00M
Net interest income -162.00000M -124.00000M -129.00000M -130.00000M -144.00000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 4.00M 36.00M 39.00M 10.00M 18.00M
Total revenue 849.00M 853.00M 1022.00M 836.00M 691.00M
Total operating expenses 133.00M 132.00M 416.00M 466.00M 352.00M
Cost of revenue 525.00M 495.00M 380.00M 258.00M 153.00M
Total other income expense net -154.00000M -116.00000M -72.00000M -94.00000M -138.00000M
Discontinued operations - - - - -
Net income from continuing ops 33.00M 74.00M 115.00M 8.00M 26.00M
Net income applicable to common shares - 36.00M 78.00M 30.00M 17.00M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 7648.00M 7604.00M 6574.00M 6539.00M 5751.00M
Intangible assets 951.00M 963.00M 986.00M 1059.00M 1147.00M
Earning assets - - - - -
Other current assets 68.00M 37.00M 35.00M 30.00M 50.00M
Total liab 5657.00M 5579.00M 4550.00M 4513.00M 4540.00M
Total stockholder equity 1542.00M 1601.00M 1629.00M 1681.00M 1001.00M
Deferred long term liab - - - - -
Other current liab 13.00M 9.00M 6.00M 330.00M 14.00M
Common stock 1323.00M - 1323.00M 1323.00M 1320.00M
Capital stock 1323.00M 1323.00M 1323.00M 1323.00M 1320.00M
Retained earnings 90.00M 151.00M 183.00M 174.00M -299.00000M
Other liab - - - 503.00M 441.00M
Good will 246.00M 237.00M 234.00M 233.00M 218.00M
Other assets - - - 369.00M 148.00M
Cash 343.00M 592.00M 478.00M 361.00M 256.00M
Cash and equivalents - - - 361.00M 256.00M
Total current liabilities 510.00M 965.00M 715.00M 821.00M 395.00M
Current deferred revenue - - 374.00M - -
Net debt 4640.00M 3369.00M 3141.00M 3246.00M 3653.00M
Short term debt 255.00M - 297.00M 434.00M 236.00M
Short long term debt 232.00M 344.00M 277.00M 416.00M 220.00M
Short long term debt total 4983.00M - 3619.00M 3607.00M 3909.00M
Other stockholder equity 13.00M - 11.00M 10.00M 9.00M
Property plant equipment - - - 3675.00M 3634.00M
Total current assets 656.00M 923.00M 771.00M 638.00M 460.00M
Long term investments 675.00M 592.00M 526.00M 565.00M 140.00M
Net tangible assets - - - 389.00M -364.00000M
Short term investments 1.00M - - 0.00000M 3.00M
Net receivables 245.00M 264.00M 236.00M 234.00M 148.00M
Long term debt 4080.00M 3617.00M 2995.00M 2873.00M 3383.00M
Inventory - - 22.00M 13.00M 3.00M
Accounts payable 242.00M 389.00M 38.00M 57.00M 145.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 116.00M - 112.00M 174.00M -29.00000M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 282.00M 269.00M 121.00M 369.00M 152.00M
Deferred long term asset charges - - - - -
Non current assets total 6992.00M 6681.00M 5803.00M 5901.00M 5291.00M
Capital lease obligations 347.00M 340.00M 347.00M 318.00M 306.00M
Long term debt total - - - 3173.00M 3673.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -578.00000M -268.00000M -684.00000M -6.00000M
Change to liabilities - - - 194.00M -5.00000M
Total cashflows from investing activities -768.00000M -578.00000M -268.00000M -684.00000M -433.00000M
Net borrowings 239.00M - - -382.00000M 163.00M
Total cash from financing activities 132.00M 479.00M -109.00000M 261.00M 75.00M
Change to operating activities - - - -1.00000M -6.00000M
Net income 7.00M 74.00M 78.00M 8.00M 26.00M
Change in cash -611.00000M 115.00M 123.00M 93.00M -19.00000M
Begin period cash flow 611.00M 472.00M 349.00M 256.00M 275.00M
End period cash flow 292.00M 587.00M 472.00M 349.00M 256.00M
Total cash from operating activities 362.00M 215.00M 496.00M 513.00M 345.00M
Issuance of capital stock - - - - 0.00000M
Depreciation 321.00M 297.00M 293.00M 380.00M 297.00M
Other cashflows from investing activities -114.00000M -126.00000M 12.00M -438.00000M 26.00M
Dividends paid 68.00M 68.00M 68.00M 68.00M 68.00M
Change to inventory - - - - -
Change to account receivables 44.00M - 21.00M -83.00000M -7.00000M
Sale purchase of stock - - - -12.00000M 0.00000M
Other cashflows from financing activities -59.00000M -73.00000M -268.00000M 711.00M -20.00000M
Change to netincome - - - 64.00M 35.00M
Capital expenditures 611.00M 452.00M 280.00M 256.00M 179.00M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -30.00000M -323.00000M 51.00M 110.00M -18.00000M
Stock based compensation - - - - -
Other non cash items 385.00M 118.00M 56.00M 5.00M 144.00M
Free cash flow -249.00000M -237.00000M 216.00M 257.00M 166.00M

Peer Comparison

Sector: Utilities Industry: Utilities - Renewable

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BLX
Boralex Inc
-0.01 0.03% 36.86 612.50 36.63 4.45 2.44 9.58 15.88
BEP-UN
Brookfield Renewable Partners L.P
-0.4 0.78% 50.66 - 333.33 4.62 1.48 8.58 12.15
BEP-PM
Brookfield Renewable Partners LP Series 13 Pref Class A
-0.04 0.16% 25.52 - - 2.58 -
BEPC
Brookfield Renewable Corp
-0.77 1.41% 53.67 - 14.53 2.57 2.05 6.04 40.50
NPI
Northland Power Inc.
-0.37 1.55% 23.51 - 14.93 2.35 1.49 5.00 13.77

Reports Covered

Stock Research & News

Profile

Boralex Inc., together with its subsidiaries, engages in the developing, building, and operating power generating and storage facilities in Canada, France, the United States, and the United Kingdom. The company generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2025, the company operates 107 wind farms; 13 solar power stations; 15 hydroelectric power stations; and 4 battery energy storage systems with an installed capacity of 2,299 megawatts (MW) in North America and 1,484 MW in Europe. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada.

Boralex Inc

36 Lajeunesse Street, Kingsey Falls, QC, Canada, J0A 1B0

Key Executives

Name Title Year Born
Mr. Patrick Decostre Pres, CEO & Director 1973
Mr. Bruno Guilmette CFO & EVP 1966
Mr. Pascal Hurtubise Exec. VP & Chief Legal Officer NA
Mr. Hugues Girardin Exec. VP & GM of North America NA
Mr. Nicolas Wolff Exec. VP & GM of Europe NA
Mr. Stéphane Milot Sr. Director of Investors Relations NA
Ms. Isabelle Fontaine Sr. VP of Corp. Public Affairs & Communications NA
Ms. Marie-Josée Arsenault Exec. VP and Chief People & Culture Officer NA
Ms. Julie Cusson Sr. VP of Enterprise Risk Management & CSR NA
Mr. Rabindra Nath Mishra Deputy Managing Director of Devel. Europe NA

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