BEPC vs RNW: Brookfield Renewable and Renew Energy Global compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Brookfield Renewable is the larger company, worth $5.3B, about 2.0 times Renew Energy Global.
- Renew Energy Global grew revenue faster over the last year (+19.4% vs -10.0%).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | BEPC | RNW |
|---|---|---|
| Market cap | $5.3B | $2.7B |
| Share price | $29.63 | $6.88 |
| Revenue (last fiscal year) | $3.7B | $97.1B |
| Free cash flow (last fiscal year) | -$636M | -$26.1B |
| Revenue growth, last year | -10.0% | +19.4% |
| Revenue growth per year, last 5 fiscal years | +2.6% | +15.5% |
| Operating margin | — | 10.4% |
| Net margin | -62.9% | 3.9% |
| Return on equity | -2020.7% | 3.4% |
| P/E (trailing) | — | 26.5x |
| Price / free cash flow | — | — |
| EV / EBITDA | 38.2x | 8.57x |
| FCF growth the price implies | — | — |
| Dividend yield | 5.4% | — |
| Debt / equity | 304.1x | 7.36x |
| Fundamental grade | F | D |
| Superinvestors holding it | 3 | 1 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Brookfield Renewable
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $3.4B | -$959M | — |
| 2022 | $3.8B | $437M | — |
| 2023 | $4.0B | $575M | — |
| 2024 | $4.1B | -$400M | — |
| 2025 | $3.7B | -$636M | — |
Renew Energy Global
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $54.5B | $7.6B | -9.3% |
| 2022 | $59.3B | -$47.4B | -20.6% |
| 2023 | $78.2B | -$20.8B | -3.3% |
| 2024 | $81.3B | -$84.9B | 10.2% |
| 2025 | $97.1B | -$26.1B | 10.4% |
Where the revenue comes from
Brookfield Renewable · by segments, 2025
Hydroelectric$2.5B67%
Utility-scale solar$622M17%
Wind$451M12%
Distributed energy & sustainable solutions$163M4%
Renew Energy Global · by products, 2026
Sale of Power$88.2B67%
Sale of Solar Modules and Related Products$40.8B31%
Sale of software services$1.7B1%
Transmission Line Projects$1.1B1%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open BEPC in InvestinglyQuestions
Which is bigger, Brookfield Renewable or Renew Energy Global?
Brookfield Renewable (BEPC), at $5.3B against $2.7B.
Which grows faster, BEPC or RNW?
Renew Energy Global: revenue grew +19.4% over the last year, against -10.0%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.