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Brookfield Renewable Partners LP (TSX:BEP.PR.M.PFD) Operating Margin % : 10.96% (As of Dec. 2023)


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What is Brookfield Renewable Partners LP Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Brookfield Renewable Partners LP's Operating Income for the three months ended in Dec. 2023 was C$194.53 Mil. Brookfield Renewable Partners LP's Revenue for the three months ended in Dec. 2023 was C$1,774.94 Mil. Therefore, Brookfield Renewable Partners LP's Operating Margin % for the quarter that ended in Dec. 2023 was 10.96%.

Warning Sign:

Brookfield Renewable Partners LP operating margin has been in a 5-year decline. The average rate of decline per year is -6.8%.

The historical rank and industry rank for Brookfield Renewable Partners LP's Operating Margin % or its related term are showing as below:

TSX:BEP.PR.M.PFD' s Operating Margin % Range Over the Past 10 Years
Min: 18.45   Med: 27.57   Max: 34.1
Current: 20.86


TSX:BEP.PR.M.PFD's Operating Margin % is ranked better than
60.68% of 412 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.9 vs TSX:BEP.PR.M.PFD: 20.86

Brookfield Renewable Partners LP's 5-Year Average Operating Margin % Growth Rate was -6.80% per year.

Brookfield Renewable Partners LP's Operating Income for the three months ended in Dec. 2023 was C$194.53 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was C$1,416.59 Mil.


Brookfield Renewable Partners LP Operating Margin % Historical Data

The historical data trend for Brookfield Renewable Partners LP's Operating 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.

* Premium members only.

Brookfield Renewable Partners LP Operating Margin % Chart

Brookfield Renewable Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.79 18.45 21.58 30.67 20.80

Brookfield Renewable Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating 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 30.43 33.36 22.16 16.28 10.96

Competitive Comparison of Brookfield Renewable Partners LP's Operating Margin %

For the Utilities - Renewable subindustry, Brookfield Renewable Partners LP's Operating Margin %, along with its competitors' market caps and Operating 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.


Brookfield Renewable Partners LP's Operating Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Brookfield Renewable Partners LP's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Brookfield Renewable Partners LP's Operating Margin % falls into.



Brookfield Renewable Partners LP Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Brookfield Renewable Partners LP's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1405.997 / 6758.981
=20.80 %

Brookfield Renewable Partners LP's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=194.532 / 1774.937
=10.96 %

* 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.


Brookfield Renewable Partners LP  (TSX:BEP.PR.M.PFD) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Brookfield Renewable Partners LP Operating Margin % Related Terms

Thank you for viewing the detailed overview of Brookfield Renewable Partners LP's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Brookfield Renewable Partners LP (TSX:BEP.PR.M.PFD) Business Description

Address
73 Front Street, 5th Floor, Hamilton, BMU, HM 12
Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.

Brookfield Renewable Partners LP (TSX:BEP.PR.M.PFD) Headlines

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