Brookfield Renewable Partners L.P. (BEP) vs NiSource Inc. (NI)
NI leads on 11 of 15 compared metrics.
A side-by-side comparison of Brookfield Renewable Partners L.P. and NiSource Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — BEP vs NI
growth of $100 · last 23yBEP +14.8%NI +519.7%NI compounded faster
Log scale — wide-divergence pair
BEP NI
BEP vs NI: by the numbers
- •NI is the larger company ($22.65B vs $10.40B market cap).
- •NI trades at the lower earnings multiple (23.74 vs 57.13 P/E).
- •NI converts more revenue to profit (14.10% vs 3.01% net margin).
- •BEP grew revenue faster over the past five years (10.94% vs 8.10% CAGR).
- •BEP pays the higher dividend yield (4.46% vs 2.43%).
Which is better, BEP or NI?
Metric tally: BEP 4 · NI 11It depends on what you're optimizing for:
ValueNI(lower P/E)
GrowthBEP(faster 5Y revenue CAGR)
IncomeBEP(higher dividend yield)
QualityNI(higher ROIC)
Metrics side by side
Valuation
| Metric | BEP | NI |
|---|---|---|
| P/E ratio | 57.13 | 23.74● |
| Forward P/E | — | 21.31 |
| P/S ratio | 1.63● | 3.36 |
| P/B ratio | 2.47 | 2.38● |
| PEG ratio | 4.33 | 1.05● |
| EV / EBITDA | 9.21● | 12.70 |
Profitability
| Metric | BEP | NI |
|---|---|---|
| Gross margin | 34.36% | 55.92%● |
| Operating margin | 11.33% | 27.78%● |
| Net margin | 3.01% | 14.10%● |
| ROE | 4.56% | 9.96%● |
| ROIC | 1.03% | 4.51%● |
Dividends
| Metric | BEP | NI |
|---|---|---|
| Dividend yield | 4.46%● | 2.43% |
| Payout ratio | — | 59.18% |
Growth (annualized)
| Metric | BEP | NI |
|---|---|---|
| Revenue CAGR (5Y) | 10.94%● | 8.10% |
| EPS CAGR (5Y) | -20.67% | 14.27%● |
| FCF CAGR (5Y) | -7.80% | -7.40%● |
| Total return CAGR (5Y) | 2.25% | 16.54%● |
Frequently asked
- Which is better, BEP or NI?
- It depends on your goal. value: NI (lower P/E); growth: BEP (faster 5Y revenue CAGR); income: BEP (higher dividend yield); quality: NI (higher ROIC). Across all compared metrics, NI leads 11 to 4.
- Is BEP or NI cheaper?
- On trailing earnings, NI is cheaper: BEP trades at a 57.13 P/E and NI at 23.74.
- Which has grown faster, BEP or NI?
- Over the past five years, BEP grew revenue faster — BEP at a 10.94% CAGR versus NI at 8.10%.
- Does BEP or NI pay a bigger dividend?
- BEP yields 4.46% and NI yields 2.43% based on trailing dividends and the latest price.
- Is BEP or NI more profitable?
- NI runs the higher net margin — BEP at 3.01% versus NI at 14.10%.
- Which has been the better investment, BEP or NI?
- Over the past 10-year, BEP delivered the higher annualized total return — BEP at 13.72% versus NI at 9.89%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Brookfield Renewable Partners L.P. P/E ratioNiSource P/E ratioBrookfield Renewable Partners L.P. dividend yieldNiSource dividend yieldBrookfield Renewable Partners L.P. ROENiSource ROEBrookfield Renewable Partners L.P. operating marginNiSource operating marginBrookfield Renewable Partners L.P. revenue growthNiSource revenue growthBrookfield Renewable Partners L.P. free cash flowNiSource free cash flow
Brookfield Renewable Partners L.P. & NiSource 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 17, 2026.