Northland Power (TSX:NPI.PR.B.PFD) OCF Margin %: 73.77% (As of Mar. 2026) — 14% Above Median


TSX:NPI.PR.B.PFD Northland Power Inc TSX:NPI.PR.B.PFD
68 GF Score
Price C$22.74
! 7 Warning Signs
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What is Northland Power OCF Margin %?

Northland Power TSX:NPI.PR.B.PFD 68 OCF Margin % is 73.77% as of Mar. 2026, which is 14% above its 10-year median of 64.82. GuruFocus rates TSX:NPI.PR.B.PFD with a GF Score™ of 68/100. The stock has 7 warning signs investors should review. Among 417 Utilities - Independent Power Producers companies, Northland Power ranks better than 81.77% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Northland Power's Cash Flow from Operations for the three months ended in Mar. 2026 was C$571.43 Mil. Northland Power's Revenue for the three months ended in Mar. 2026 was C$774.58 Mil. Therefore, Northland Power's OCF Margin % for the quarter that ended in Mar. 2026 was 73.77%.

As of today, Northland Power's current OCF Yield % is 26.96%.

The historical rank and industry rank for Northland Power's OCF Margin % or its related term are showing as below:


During the past 13 years, the highest OCF Margin % of Northland Power was 76.88%. The lowest was 36.31%. And the median was 64.82%.

TSX:NPI.PR.B.PFD's OCF Margin % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 21.86
* Ranked among companies with meaningful OCF Margin % only.

Northland Power OCF Margin % Related Terms

Northland Power OCF Margin % Historical Data

* Premium members only.

The historical data trend for Northland Power's OCF 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 OCF Margin % Chart

Northland Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.88 74.85 36.31 43.86 58.57

Northland Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF 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 63.57 88.60 58.63 31.43 73.77
TSX:NPI.PR.B.PFD
68GF Score
Northland Power Inc TSX:NPI.PR.B.PFD
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Northland Power OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1426.164/2434.97
=58.57 %

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

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=571.428/774.581
=73.77 %

* 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 OCF Margin % →
What does a OCF Margin % of 73.77% mean?
Northland Power (TSX:NPI.PR.B.PFD) has a OCF Margin % of 73.77% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Northland Power and its competitors. This is 14% above median its historical median of 64.82. Over the past decade, Northland Power's OCF Margin % has ranged from 36.31 to 76.88. According to the industry distribution chart, Northland Power ranks #76 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 18.2%.
Is Northland Power's OCF Margin % too high?
Northland Power's current OCF Margin % of 73.77% is 14% above median its 10-year median of 64.82. Over the past 10 years, this metric has ranged from a low of 36.31 to a high of 76.88. The Utilities - Independent Power Producers industry median OCF Margin % is 21.86. Northland Power's value of 73.77% is 237.5% above this industry median. Based on the distribution chart, Northland Power ranks #76 out of 417 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Northland Power has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Northland Power's OCF Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Northland Power ranks #76 out of 417 companies for OCF Margin %. This places Northland Power in the top 18% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 21.86. Northland Power's value of 73.77% is 237.5% above this benchmark. Historically, Northland Power's own OCF Margin % has ranged from 36.31 to 76.88 over the past decade. While the company's 10-year median is 64.82 vs. the industry median of 21.86, 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 OCF Margin % for an Utilities - Independent Power Producers company?
The median OCF Margin % among Utilities - Independent Power Producers companies is 21.86, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northland Power's current OCF Margin % of 73.77% is 237.5% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Northland Power and its competitors. For the Utilities - Independent Power Producers industry, the median OCF Margin % is 21.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northland Power's current OCF Margin % is 73.77%, which is 14% above median its own 10-year median of 64.82. 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?
Northland Power (TSX:NPI.PR.B.PFD) has a current OCF Margin % of 73.77%. The current OCF Margin % is 73.77%, which is 14% above median its 10-year median of 64.82 and 237.5% above the Utilities - Independent Power Producers industry median of 21.86. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Northland Power (TSX:NPI.PR.B.PFD), the current OCF Margin % is 73.77% 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.

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

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

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