Brookfield Renewable Partners L.P. (BEP) vs Black Hills Corporation (BKH)
A side-by-side comparison of Brookfield Renewable Partners L.P. and Black Hills Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
BEP
Brookfield Renewable Partners L.P.
$29.36UtilitiesDelayed quote: Sep 18, 2026, 11:54 AM EDT
BKH
Black Hills Corporation
$70.50UtilitiesDelayed quote: Sep 18, 2026, 11:55 AM EDT
Total return — BEP vs BKH
growth of $100 · dividends reinvested · last 10yBEP +219.5% (+12.3%/yr)BKH +70.6% (+5.5%/yr)BEP compounded faster over this window
BEP BKH
BEP vs BKH: by the numbers
- •BEP is the larger company ($8.98B vs $5.37B market cap).
- •BKH trades at the lower trailing earnings multiple (17.80 vs 63.83 P/E), one valuation lens rather than an overall verdict.
- •BKH converts more revenue to profit (13.00% vs 2.28% net margin).
- •BEP grew revenue faster over the past five years (10.38% vs 4.57% CAGR).
- •BEP pays the higher dividend yield (5.03% vs 3.91%).
Metrics side by side
Valuation
| Metric | BEP | BKH |
|---|---|---|
| P/E ratio | 63.83 | 17.80 |
| Forward P/E | N/A | 16.23 |
| P/S ratio | 1.42 | 2.33 |
| P/B ratio | 2.05 | 1.36 |
| EV / EBITDA | 14.56 | 11.65 |
Profitability
| Metric | BEP | BKH |
|---|---|---|
| Gross margin | 24.45% | 42.92% |
| Operating margin | 10.61% | 23.79% |
| Net margin | 2.28% | 13.00% |
| ROE | 3.30% | 7.58% |
| ROIC | 0.75% | 4.73% |
Dividends
| Metric | BEP | BKH |
|---|---|---|
| Dividend yield | 5.03% | 3.91% |
| Payout ratio | 332.61% | 70.33% |
Growth (annualized)
| Metric | BEP | BKH |
|---|---|---|
| Revenue CAGR (5Y) | 10.38% | 4.57% |
| EPS CAGR (5Y) | N/A | 1.80% |
| FCF CAGR (5Y) | -7.80% | 20.20% |
| Total return CAGR (5Y) | -0.59% | 5.34% |
Frequently asked
- Which has the lower trailing P/E, BEP or BKH?
- BKH has the lower trailing P/E: BEP trades at 63.83 and BKH at 17.80. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BEP or BKH?
- Over the past five years, BEP grew revenue faster — BEP at a 10.38% CAGR versus BKH at 4.57%.
- Does BEP or BKH pay a bigger dividend?
- BEP yields 5.03% and BKH yields 3.91% based on trailing dividends and the latest price.
- Is BEP or BKH more profitable?
- BKH runs the higher net margin — BEP at 2.28% versus BKH at 13.00%.
- How have BEP and BKH total returns compared?
- Over the past 10 years, BEP delivered 11.92% and BKH delivered 5.86% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Brookfield Renewable Partners L.P. P/E ratioBlack Hills P/E ratioBrookfield Renewable Partners L.P. dividend yieldBlack Hills dividend yieldBrookfield Renewable Partners L.P. ROEBlack Hills ROEBrookfield Renewable Partners L.P. operating marginBlack Hills operating marginBrookfield Renewable Partners L.P. revenue growthBlack Hills revenue growthBrookfield Renewable Partners L.P. free cash flowBlack Hills free cash flow
Brookfield Renewable Partners L.P. & Black Hills appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.