Northland Power (TSX:NPI) Total Operating Expense: C$1,483 Mil (TTM As of Mar. 2026)


TSX:NPI Northland Power Inc TSX:NPI
68 GF Score
Price C$21.92
GF Value C$24.17
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Northland Power Total Operating Expense?

Northland Power TSX:NPI -0.59% 68 Total Operating Expense is C$1,483 Mil as of Mar. 2026. GuruFocus rates TSX:NPI with a GF Score™ of 68/100 and a GF Value™ of C$24.17 (Fairly Valued). The stock has 7 warning signs investors should review.

Northland Power's Total Operating Expense for the three months ended in Mar. 2026 was C$224 Mil. Northland Power's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$1,483 Mil.

Northland Power Total Operating Expense Related Terms

Northland Power Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Northland Power's Total Operating Expense 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 Total Operating Expense Chart

Northland Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,113.57 1,142.70 1,297.91 1,511.17 1,649.45

Northland Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 215.71 392.32 429.52 436.99 224.39
TSX:NPI
68GF Score
Northland Power Inc TSX:NPI
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northland Power Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,483 Mil.

* 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.

What does a Total Operating Expense of C$1,483 Mil mean?
Northland Power (TSX:NPI) has a Total Operating Expense of C$1,483 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Northland Power and its competitors.
Is Northland Power's Total Operating Expense too high?
Northland Power's current Total Operating Expense is C$1,483 Mil. 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 Total Operating Expense compare to competitors?
Northland Power's Total Operating Expense of C$1,483 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Utilities - Independent Power Producers company?
A good Total Operating Expense depends on the Utilities - Independent Power Producers industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Northland Power and its competitors. Northland Power's current Total Operating Expense is C$1,483 Mil. 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$24.17, compared to a current price of C$21.92 — trading 9.3% below its estimated fair value. The current Total Operating Expense is C$1,483 Mil. 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Northland Power (TSX:NPI), the current Total Operating Expense is C$1,483 Mil 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$21.92 is trading 9.3% below its estimated GF Value™ of C$24.17. GuruFocus considers Northland Power to be Fairly Valued.

Key valuation signals for TSX:NPI:

  • Total Operating Expense: C$1,483 Mil
  • GF Value™: C$24.17 vs. price of C$21.92 (9.3% below fair value)
  • GF Score™: 68/100 with 7 warning signs

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

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$21.92
Price
C$24.17
GF Value