$13.99

+0.01 (+0.07%)

Weekly Expected Move ±1.9%

$14 $14 $14 $14 $15

NYSE · Utilities · Renewable Utilities · Tech Score Strong Sell · Power 27 · $8.6B mcap · Short 50% of daily vol

Credit Risk of going bust: higher than 61% of companies Debt: 80.8% of company value Bonds: none of note held by US funds details ▾

If the stock fell to about $1.99 (down 86%), Brookfield BRP Holdings (Canada) Inc 4.625 % Notes 2021-Without Fixed Maturity Global Sub would be worth roughly what it owes.
Total debt $36.94B against a stock market value of $8.78B.
Distance to default 4.16 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $21.57B (short-term plus half of long-term), stock volatility 28.3%; Altman Z'' 0.05. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$6.5B +10.9% ▲

5Y CAGR: +11.3%

Gross Profit

$1.1B -66.7% ▼

5Y CAGR: -15.5%

Operating Income

$871M -19.5% ▼

5Y CAGR: -17.7%

Net Income

-$19M +91.1% ▲

EPS (Diluted)

$-0.07 +92.4% ▲

EBITDA

$5.1B +33.4% ▲

5Y CAGR: +16.9%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$4.1B	$4.7B	$5.0B	$5.9B	$6.5B
YoY Growth	+7.5%	+15.0%	+6.9%	+16.6%	+10.9%
Cost of Revenue	$1.4B	$1.4B	$1.9B	$2.6B	$5.4B
Gross Profit	$2.7B	$3.3B	$3.1B	$3.3B	$1.1B
Gross Margin	66.7%	69.6%	61.6%	56.1%	16.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$288M	$243M	$205M	$0	$227M
Operating Expenses	$1.9B	$1.8B	$2.1B	$2.2B	$227M
Operating Income	$870M	$1.4B	$1.0B	$1.1B	$871M
Operating Margin	21.2%	30.4%	20.6%	18.4%	13.4%
Interest Expense	$981M	$1.2B	$1.6B	$2.0B	$2.5B
Income Before Tax	-$52M	$136M	$568M	-$200M	$100M
Tax Expense	$14M	-$2M	-$48M	-$191M	-$625M
Net Income	-$136M	-$122M	-$50M	-$218M	-$19M
Net Margin	-3.3%	-2.6%	-1.0%	-3.7%	-0.3%
EPS (Diluted)	$-0.69	$-0.60	$-0.32	$-0.89	$-0.07
EBITDA	$2.4B	$3.0B	$4.1B	$3.8B	$5.1B
Shares Outstanding	275M	275M	282M	285M	287M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$1.5B	$1.4B	$1.6B	$1.7B	$1.6B	$1.6B	$1.5B	$1.7B
Cost of Revenue	$623M	$705M	$675M	$699M	$721M	$1.5B	$1.3B	$1.3B
Gross Profit	$847M	$727M	$905M	$993M	$875M	$111M	$210M	$354M
Gross Margin	57.6%	50.8%	57.3%	58.7%	54.8%	7.1%	13.8%	21.3%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$59M	$0	$0	$56M	$57M	$62M	$72M	$75M
Operating Expenses	$573M	$524M	$632M	$665M	$668M	$62M	$72M	$75M
Operating Income	$274M	$203M	$273M	$328M	$207M	$49M	$138M	$279M
Operating Margin	18.6%	14.2%	17.3%	19.4%	13.0%	3.1%	9.1%	16.8%
Interest Expense	$514M	$509M	$609M	$624M	$586M	$648M	$630M	$641M
Income Before Tax	-$48M	-$27M	-$194M	-$97M	-$24M	$419M	-$325M	-$285M
Tax Expense	-$9M	-$215M	-$86M	-$197M	-$66M	-$269M	-$35M	-$5M
Net Income	-$83M	-$9M	-$93M	-$54M	-$57M	$416M	-$113M	-$101M
Net Margin	-5.6%	-0.6%	-5.9%	-3.2%	-3.6%	26.6%	-7.5%	-6.1%
EPS (Diluted)	$-0.32	$-0.06	$-0.35	$-0.22	$-0.23	$1.45	$-0.40	$-0.36
EBITDA	$980M	$959M	$998M	$1.1B	$1.2B	$1.7B	$845M	$823M
Shares Outstanding	288M	285M	289M	284M	287M	287M	303M	300M

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