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).
BEP
Brookfield Renewable Partners L.P.
$35.24Utilities
BKH
Black Hills Corporation
$72.75Utilities
Total return — BEP vs BKH
growth of $100 · last 23yBEP +18.0%BKH +121.1%BKH compounded faster
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 10It 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
| Metric | BEP | BKH |
|---|---|---|
| P/E ratio | 58.73 | 18.95● |
| Forward P/E | — | 15.77 |
| P/S ratio | 1.68● | 2.41 |
| P/B ratio | 2.54 | 1.39● |
| PEG ratio | 4.33● | 8.50 |
| EV / EBITDA | 9.27● | 12.21 |
Profitability
| Metric | BEP | BKH |
|---|---|---|
| Gross margin | 34.36% | 35.66%● |
| Operating margin | 11.33% | 23.30%● |
| Net margin | 3.01% | 12.61%● |
| ROE | 4.56% | 7.31%● |
| ROIC | 1.03% | 4.63%● |
Dividends
| Metric | BEP | BKH |
|---|---|---|
| Dividend yield | 4.34%● | 3.79% |
| Payout ratio | — | 69.12% |
Growth (annualized)
| Metric | BEP | BKH |
|---|---|---|
| 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.
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 June 19, 2026.