Northland Power (TSX:NPI) EBITDA Margin %: 62.76% (As of Mar. 2026) — 11% Below Median


TSX:NPI Northland Power Inc TSX:NPI
68 GF Score
Price C$22.08
GF Value C$24.14
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Northland Power EBITDA Margin %?

Northland Power TSX:NPI -0.85% 68 EBITDA Margin % is 62.76% as of Mar. 2026, which is 11% below its 10-year median of 70.25. GuruFocus rates TSX:NPI with a GF Score™ of 68/100 and a GF Value™ of C$24.14 (Fairly Valued). The stock has 7 warning signs investors should review. Among 418 Utilities - Independent Power Producers companies, Northland Power ranks better than 60.29% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Northland Power's EBITDA for the three months ended in Mar. 2026 was C$486 Mil. Northland Power's Revenue for the three months ended in Mar. 2026 was C$775 Mil. Therefore, Northland Power's EBITDA margin for the quarter that ended in Mar. 2026 was 62.76%.


Northland Power  (TSX:NPI) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Northland Power EBITDA Margin % Related Terms


Northland Power EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Northland Power's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northland Power EBITDA Margin % Chart

Northland Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.58 89.57 42.05 67.57 36.32

Northland Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.03 29.67 -54.89 86.48 62.76

Northland Power EBITDA Margin % Competitor Comparison

For the Utilities - Renewable subindustry, Northland Power's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northland Power EBITDA Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Northland Power's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Northland Power's EBITDA Margin % falls into.


TSX:NPI
68GF Score
Northland Power Inc TSX:NPI
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northland Power EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Northland Power's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=884.389/2434.97
=36.32 %

Northland Power's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=486.098/774.581
=62.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 62.76% mean?
Northland Power (TSX:NPI) has a EBITDA Margin % of 62.76% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Northland Power and its competitors. This is 11% below median its historical median of 70.25. Over the past decade, Northland Power's EBITDA Margin % has ranged from 36.32 to 89.57. According to the industry distribution chart, Northland Power ranks #166 out of 418 companies in the Utilities - Independent Power Producers industry, placing it in the top 39.7%.
Is Northland Power's EBITDA Margin % too high?
Northland Power's current EBITDA Margin % of 62.76% is 11% below median its 10-year median of 70.25. Over the past 10 years, this metric has ranged from a low of 36.32 to a high of 89.57. The Utilities - Independent Power Producers industry median EBITDA Margin % is 27.77. Northland Power's value of 62.76% is 126% above this industry median. Based on the distribution chart, Northland Power ranks #166 out of 418 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Northland Power has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Northland Power's EBITDA Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Northland Power ranks #166 out of 418 companies for EBITDA Margin %. This puts Northland Power in the upper half of its industry. The industry median EBITDA Margin % is 27.77. Northland Power's value of 62.76% is 126% above this benchmark. Historically, Northland Power's own EBITDA Margin % has ranged from 36.32 to 89.57 over the past decade. While the company's 10-year median is 70.25 vs. the industry median of 27.77, Northland Power has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Utilities - Independent Power Producers company?
The median EBITDA Margin % among Utilities - Independent Power Producers companies is 27.77, based on 418 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northland Power's current EBITDA Margin % of 62.76% is 126% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Northland Power and its competitors. For the Utilities - Independent Power Producers industry, the median EBITDA Margin % is 27.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northland Power's current EBITDA Margin % is 62.76%, which is 11% below median its own 10-year median of 70.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northland Power stock overvalued right now?
Based on GuruFocus' analysis, Northland Power (TSX:NPI) is currently considered Fairly Valued. The stock's GF Value™ is C$24.14, compared to a current price of C$22.08 — trading 8.5% below its estimated fair value. The current EBITDA Margin % is 62.76%, which is 11% below median its 10-year median of 70.25 and 126% above the Utilities - Independent Power Producers industry median of 27.77. Northland Power's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Northland Power (TSX:NPI), the current EBITDA Margin % is 62.76% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northland Power (TSX:NPI) Overvalued in 2026?

Based on GuruFocus' analysis, Northland Power stock appears to be undervalued. The current stock price of C$22.08 is trading 8.5% below its estimated GF Value™ of C$24.14. GuruFocus considers Northland Power to be Fairly Valued.

Key valuation signals for TSX:NPI:

  • EBITDA Margin %: 62.76% (11% below median its 10-year median of 70.25)
  • GF Value™: C$24.14 vs. price of C$22.08 (8.5% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 126% above the Utilities - Independent Power Producers median (#166 of 418)

No single metric tells the full story. See the TSX:NPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northland Power Business Description

Address 30 St. Clair Avenue West, 3rd Floor, Toronto, ON, CAN, M4V 3A1
Northland Power develops, constructs, and operates sustainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.
68GF Score

Get the complete analysis for TSX:NPI

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$22.08
Price
C$24.14
GF Value