Brookfield Gross Profit from 2010 to 2024

BEP Stock  USD 26.34  0.62  2.41%   
Brookfield Renewable Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 963.1 M. Gross Profit is the profit Brookfield Renewable Partners makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2000-03-31
Previous Quarter
319.9 M
Current Value
847 M
Quarterly Volatility
270.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Brookfield Renewable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brookfield Renewable's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 B, Interest Expense of 1.7 B or Selling General Administrative of 215.2 M, as well as many indicators such as Price To Sales Ratio of 1.57, Dividend Yield of 0.0726 or PTB Ratio of 2.39. Brookfield financial statements analysis is a perfect complement when working with Brookfield Renewable Valuation or Volatility modules.
  
Check out the analysis of Brookfield Renewable Correlation against competitors.

Latest Brookfield Renewable's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Brookfield Renewable Partners over the last few years. Gross profit is a required income statement account that reflects total revenue of Brookfield Renewable Partners minus its cost of goods sold. It is profit before Brookfield Renewable operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Brookfield Renewable's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Brookfield Renewable's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.3 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Brookfield Gross Profit Regression Statistics

Arithmetic Mean1,563,802,648
Geometric Mean1,007,395,437
Coefficient Of Variation57.55
Mean Deviation728,291,215
Median1,180,000,000
Standard Deviation899,891,742
Sample Variance809805.1T
Range3.3B
R-Value0.63
Mean Square Error530142.2T
R-Squared0.39
Significance0.01
Slope126,002,033
Total Sum of Squares11337272.1T

Brookfield Gross Profit History

2024963.1 M
20231.2 B
20223.3 B
20212.7 B
20202.5 B
20192.7 B
20181.9 B

Other Fundumenentals of Brookfield Renewable

Brookfield Renewable Gross Profit component correlations

0.39-0.141.0-0.020.240.91.00.970.90.140.930.990.720.55-0.240.870.130.290.990.90.85-0.71
0.390.040.40.470.420.120.370.370.180.340.480.480.470.01-0.14-0.09-0.150.550.410.490.45-0.29
-0.140.04-0.130.24-0.52-0.34-0.15-0.21-0.260.33-0.02-0.07-0.24-0.210.15-0.22-0.130.17-0.12-0.11-0.280.03
1.00.4-0.13-0.060.210.881.00.980.90.120.910.990.760.57-0.230.860.140.30.980.90.88-0.73
-0.020.470.24-0.060.480.02-0.04-0.19-0.040.860.13-0.02-0.38-0.280.13-0.250.040.240.00.02-0.02-0.26
0.240.42-0.520.210.480.370.230.120.190.220.250.20.01-0.03-0.160.04-0.050.450.250.310.22-0.04
0.90.12-0.340.880.020.370.910.840.960.150.790.830.490.58-0.230.930.240.080.870.750.77-0.74
1.00.37-0.151.0-0.040.230.910.970.920.130.910.990.730.57-0.230.880.160.270.980.890.87-0.74
0.970.37-0.210.98-0.190.120.840.970.880.010.860.970.820.58-0.280.850.140.220.950.880.89-0.69
0.90.18-0.260.9-0.040.190.960.920.880.120.770.850.610.59-0.190.920.3-0.010.860.740.82-0.82
0.140.340.330.120.860.220.150.130.010.120.210.15-0.27-0.090.13-0.010.230.240.140.220.2-0.51
0.930.48-0.020.910.130.250.790.910.860.770.210.920.620.56-0.20.74-0.090.240.950.810.73-0.61
0.990.48-0.070.99-0.020.20.830.990.970.850.150.920.770.53-0.240.80.10.370.970.920.87-0.71
0.720.47-0.240.76-0.380.010.490.730.820.61-0.270.620.770.410.00.520.210.260.690.660.73-0.41
0.550.01-0.210.57-0.28-0.030.580.570.580.59-0.090.560.530.41-0.310.64-0.21-0.230.510.430.51-0.49
-0.24-0.140.15-0.230.13-0.16-0.23-0.23-0.28-0.190.13-0.2-0.240.0-0.31-0.20.66-0.04-0.26-0.38-0.250.11
0.87-0.09-0.220.86-0.250.040.930.880.850.92-0.010.740.80.520.64-0.20.24-0.050.840.680.71-0.67
0.13-0.15-0.130.140.04-0.050.240.160.140.30.23-0.090.10.21-0.210.660.240.050.070.020.21-0.34
0.290.550.170.30.240.450.080.270.22-0.010.240.240.370.26-0.23-0.04-0.050.050.290.480.26-0.03
0.990.41-0.120.980.00.250.870.980.950.860.140.950.970.690.51-0.260.840.070.290.880.81-0.64
0.90.49-0.110.90.020.310.750.890.880.740.220.810.920.660.43-0.380.680.020.480.880.92-0.66
0.850.45-0.280.88-0.020.220.770.870.890.820.20.730.870.730.51-0.250.710.210.260.810.92-0.81
-0.71-0.290.03-0.73-0.26-0.04-0.74-0.74-0.69-0.82-0.51-0.61-0.71-0.41-0.490.11-0.67-0.34-0.03-0.64-0.66-0.81
Click cells to compare fundamentals

About Brookfield Renewable Financial Statements

Brookfield Renewable shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Brookfield Renewable investors may analyze each financial statement separately, they are all interrelated. The changes in Brookfield Renewable's assets and liabilities, for example, are also reflected in the revenues and expenses on on Brookfield Renewable's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit1.2 B963.1 M
Gross Profit Margin 0.23  0.22 

Pair Trading with Brookfield Renewable

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brookfield Renewable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brookfield Renewable will appreciate offsetting losses from the drop in the long position's value.

Moving against Brookfield Stock

  0.5HLGN HeliogenPairCorr
  0.41ADN Advent TechnologiesPairCorr
  0.36ELLO Ellomay CapitalPairCorr
The ability to find closely correlated positions to Brookfield Renewable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Renewable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brookfield Renewable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brookfield Renewable Partners to buy it.
The correlation of Brookfield Renewable is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brookfield Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Renewable moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brookfield Renewable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Brookfield Stock Analysis

When running Brookfield Renewable's price analysis, check to measure Brookfield Renewable's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookfield Renewable is operating at the current time. Most of Brookfield Renewable's value examination focuses on studying past and present price action to predict the probability of Brookfield Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Renewable's price. Additionally, you may evaluate how the addition of Brookfield Renewable to your portfolios can decrease your overall portfolio volatility.