Brookfield Historical Income Statement
| BEP Stock | USD 26.34 0.62 2.41% |
Historical analysis of Brookfield Renewable income statement accounts such as Interest Expense of 1.7 B, Selling General Administrative of 215.2 M or Total Revenue of 5.3 B can show how well Brookfield Renewable Partners performed in making a profits. Evaluating Brookfield Renewable income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Brookfield Renewable's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Brookfield Renewable latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Brookfield Renewable is a good buy for the upcoming year.
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About Brookfield Income Statement Analysis
Brookfield Renewable Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Brookfield Renewable shareholders. The income statement also shows Brookfield investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Brookfield Renewable Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Brookfield Renewable generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Brookfield Renewable. It is also known as Brookfield Renewable overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Brookfield Renewable's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Brookfield Renewable current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Brookfield Renewable's EBITDA is relatively stable compared to the past year. As of 11/29/2024, Cost Of Revenue is likely to grow to about 4.1 B, though Net Loss is likely to grow to (48.4 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.7B | 3.3B | 1.2B | 963.1M | Total Revenue | 4.1B | 4.7B | 5.0B | 5.3B |
Brookfield Renewable income statement Correlations
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Brookfield Renewable Account Relationship Matchups
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Brookfield Renewable income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 1.4B | 1.5B | 1.5B | 1.9B | 2.0B | |
| Interest Expense | 1.0B | 976M | 981M | 1.2B | 1.7B | 1.7B | |
| Selling General Administrative | 135M | 235M | 288M | 243M | 205M | 215.3M | |
| Total Revenue | 4.0B | 3.8B | 4.1B | 4.7B | 5.0B | 5.3B | |
| Gross Profit | 2.7B | 2.5B | 2.7B | 3.3B | 1.2B | 963.1M | |
| Other Operating Expenses | 2.7B | 2.9B | 3.2B | 3.3B | 4.1B | 4.3B | |
| Operating Income | 1.3B | 657M | 836M | 1.5B | 1.0B | 1.1B | |
| Ebit | 2.5B | 797.0M | 899.0M | 1.2B | 2.0B | 2.1B | |
| Ebitda | 2.5B | 2.2B | 2.4B | 2.7B | 3.9B | 4.1B | |
| Cost Of Revenue | 1.3B | 1.3B | 1.4B | 1.4B | 3.9B | 4.1B | |
| Total Operating Expenses | 1.4B | 1.6B | 1.8B | 1.8B | 208.8M | 198.3M | |
| Net Income | 80M | (45M) | (66M) | 138M | (50.9M) | (48.4M) | |
| Income Tax Expense | 43M | (147M) | 14M | (2M) | (48M) | (45.6M) | |
| Net Income From Continuing Ops | 273M | (45M) | (66M) | 138M | 616M | 646.8M | |
| Income Before Tax | 123M | (192M) | (52M) | 136M | 568M | 596.4M | |
| Total Other Income Expense Net | (1.1B) | (1.1B) | (994M) | (1.3B) | (469M) | (445.6M) | |
| Net Income Applicable To Common Shares | (59M) | (250M) | (368M) | (166M) | (149.4M) | (141.9M) | |
| Minority Interest | 11.7B | 11.7B | (302M) | (433M) | (666M) | (632.7M) | |
| Tax Provision | 51M | (147M) | 14M | (2M) | (48M) | (45.6M) | |
| Interest Income | 660M | 746M | 991M | 1.0B | 107M | 101.7M | |
| Net Interest Income | (653M) | (976M) | (981M) | (1.2B) | (1.5B) | (1.4B) | |
| Reconciled Depreciation | 798M | 1.4B | 1.5B | 1.6B | 1.9B | 1.4B |
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
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.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.