Boralex Inc. develops, constructs, and operates renewable energy power facilities primarily in Canada, France, and the U.S. The company shows strong gross (74.1%) and EBITDA margins (62.9%), indicating efficient operations; however, it faces concerns with a negative net margin (-3.1%) and low returns on equity and assets. The high debt-to-equity ratio of 3.10 raises questions about financial leverage. While the liquidity ratios are healthy, the overall financial health score of 35/100 suggests potential vulnerabilities that investors should monitor.
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Gross profit margin declined from 55.7% to 43.1% year-over-year, suggesting pricing pressure or rising input costs are squeezing profitability.
Debt of $4.7B is 12.6x the company's cash position of $375.0M.
Company went from $11.0M profit to $-32.0M loss compared to last year.
Revenue growing at 12.1% YoY, outpacing typical market growth rates.
Operating cash flow surged 118.5% YoY, indicating strong cash generation capability.
Excellent operating cash flow margin of 37.7% indicates high-quality earnings.
Free cash flow increased 118.5% YoY, enhancing capital allocation optionality.
Strong free cash flow margin of 37.7% provides substantial resources for dividends, buybacks, or reinvestment.
Valuation, risk assessment, competitive positioning, and key insights — all in one report.
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Based on 2026-Q1 (March 31, 2026)