Brookfield Renewable Partners L.P. (BEP) vs Black Hills Corporation (BKH)

BKH leads on 10 of 15 compared metrics.

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 June 19, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — BEP vs BKH

growth of $100 · last 23y
BEP +18.0%BKH +121.1%BKH compounded faster
50100150200250Start $10020072011201520192023$118$221
BEP BKH

BEP vs BKH: by the numbers

  • BEP is the larger company ($10.69B vs $5.54B market cap).
  • BKH trades at the lower earnings multiple (18.95 vs 58.73 P/E).
  • BKH converts more revenue to profit (12.61% vs 3.01% net margin).
  • BEP grew revenue faster over the past five years (10.94% vs 4.97% CAGR).
  • BEP pays the higher dividend yield (4.34% vs 3.79%).

Which is better, BEP or BKH?

Metric tally: BEP 5 · BKH 10

It depends on what you're optimizing for:

ValueBKH(lower P/E)
GrowthBEP(faster 5Y revenue CAGR)
IncomeBEP(higher dividend yield)
QualityBKH(higher ROIC)

Metrics side by side

Valuation

MetricBEPBKH
P/E ratio58.7318.95
Forward P/E15.77
P/S ratio1.682.41
P/B ratio2.541.39
PEG ratio4.338.50
EV / EBITDA9.2712.21

Profitability

MetricBEPBKH
Gross margin34.36%35.66%
Operating margin11.33%23.30%
Net margin3.01%12.61%
ROE4.56%7.31%
ROIC1.03%4.63%

Dividends

MetricBEPBKH
Dividend yield4.34%3.79%
Payout ratio69.12%

Growth (annualized)

MetricBEPBKH
Revenue CAGR (5Y)10.94%4.97%
EPS CAGR (5Y)-20.67%1.80%
FCF CAGR (5Y)-7.80%20.20%
Total return CAGR (5Y)3.26%5.65%

Frequently asked

Which is better, BEP or BKH?
It depends on your goal. value: BKH (lower P/E); growth: BEP (faster 5Y revenue CAGR); income: BEP (higher dividend yield); quality: BKH (higher ROIC). Across all compared metrics, BKH leads 10 to 5.
Is BEP or BKH cheaper?
On trailing earnings, BKH is cheaper: BEP trades at a 58.73 P/E and BKH at 18.95.
Which has grown faster, BEP or BKH?
Over the past five years, BEP grew revenue faster — BEP at a 10.94% CAGR versus BKH at 4.97%.
Does BEP or BKH pay a bigger dividend?
BEP yields 4.34% and BKH yields 3.79% based on trailing dividends and the latest price.
Is BEP or BKH more profitable?
BKH runs the higher net margin — BEP at 3.01% versus BKH at 12.61%.
Which has been the better investment, BEP or BKH?
Over the past 10-year, BEP delivered the higher annualized total return — BEP at 14.22% versus BKH at 5.26%. Past performance doesn't predict future results.

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 June 19, 2026.