Ballard Power Systems Inc
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q1 19 | Q2 19 | Q3 19 | Q4 19 | Q1 20 | Q2 20 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||||||||||||
| 4.9 | 3.5 | 4.2 | 5.1 | 7.4 | 6.5 | 5.4 | 4.4 | 7.1 | 5.8 | 7.5 | 10.6 | 12.3 | 15.9 | 15.7 | 32.3 | 31.7 | 64.9 | 71.7 | 55.6 | 43.5 | 35.9 | 32.0 | 18.1 | 18.2 | 17.1 | 22.0 | 18.7 | 14.5 | 10.9 | 8.1 | 6.6 | 5.9 | 7.3 | 4.7 | 6.6 | 9.0 | 7.3 | 7.0 | 11.1 | |
| 2.9 | 2.4 | 3.2 | 4.2 | 6.9 | 6.5 | 5.6 | 4.6 | 7.0 | 2.0 | 2.6 | 3.6 | 4.4 | 6.8 | 6.2 | 12.8 | 7.5 | 7.5 | 5.0 | 3.9 | 3.1 | 2.8 | 2.7 | 1.5 | 1.5 | 1.2 | 1.5 | 1.2 | 1.1 | 1.1 | 0.9 | 0.7 | 0.7 | 0.8 | 0.5 | 0.8 | 1.3 | 1.2 | 1.2 | 2.1 | |
| 4.1 | 2.7 | 3.5 | 4.5 | 6.9 | 6.0 | 5.0 | 4.1 | 7.0 | 3.8 | 6.0 | 8.8 | 10.7 | 14.6 | 14.1 | 30.8 | 28.6 | 57.6 | 58.8 | 42.8 | 30.9 | 25.2 | 22.2 | 8.4 | 8.7 | 6.2 | 10.7 | 7.2 | 4.4 | 3.6 | 1.2 | 0.1 | -1.0 | -1.3 | -3.5 | -0.9 | 3.2 | 2.1 | 2.0 | 6.4 | |
| – | – | – | – | 923.8 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |
| -7.5% | -3.6% | -1.8% | -0.4% | -1.1% | -2.1% | -3.1% | -7.3% | -5.5% | -7.5% | -6.6% | -3.0% | -2.5% | -1.7% | -1.6% | -1.2% | -1.2% | -0.8% | -0.9% | -1.2% | -1.7% | -2.6% | -3.6% | -7.9% | -9.2% | -11.6% | -10.1% | -12.5% | -14.1% | -13.2% | -15.0% | -17.4% | -24.4% | -26.7% | -41.1% | -25.1% | -12.9% | -9.1% | -6.6% | -3.2% | |
| Margins | ||||||||||||||||||||||||||||||||||||||||
| 25.0% | 28.4% | 33.2% | 34.4% | 34.3% | 34.3% | 32.6% | 32.7% | 32.4% | 30.7% | 27.3% | 23.8% | 22.7% | 21.3% | 22.3% | 21.8% | 20.5% | 20.2% | 19.0% | 17.4% | 15.4% | 13.4% | 10.4% | 5.0% | -2.4% | -15.6% | -24.4% | -27.7% | -23.1% | -21.6% | -21.1% | -22.8% | -31.8% | -31.5% | -28.5% | -22.8% | -3.7% | 5.5% | 11.4% | 16.4% | |
| -32.1% | -21.2% | -11.8% | -6.7% | -3.5% | -4.0% | -7.1% | -9.0% | -14.0% | -21.5% | -25.2% | -27.6% | -28.1% | -25.8% | -25.4% | -27.8% | -28.5% | -38.3% | -46.1% | -59.5% | -77.3% | -84.3% | -95.7% | -118.7% | -143.4% | -189.6% | -223.5% | -238.7% | -211.2% | -155.1% | -154.2% | -155.7% | -204.6% | -262.9% | -240.4% | -223.1% | -142.5% | -104.7% | -85.1% | -63.7% | |
| -28.9% | -24.7% | -15.3% | -9.4% | -5.4% | -6.6% | -8.9% | -11.6% | -17.3% | -28.3% | -36.6% | -40.7% | -43.3% | -36.7% | -35.5% | -38.7% | -40.1% | -49.5% | -56.9% | -68.2% | -88.3% | -109.3% | -126.9% | -164.4% | -182.8% | -207.1% | -219.8% | -200.8% | -211.5% | -174.6% | -179.8% | -179.9% | -360.2% | -465.0% | -430.2% | -409.3% | -132.8% | -91.5% | -78.6% | -72.7% | |
| -36.6% | -12.6% | -7.7% | -2.0% | -8.3% | -13.4% | -16.6% | -31.7% | -39.1% | -43.0% | -49.6% | -32.4% | -30.8% | -26.5% | -25.7% | -39.8% | -39.6% | -53.7% | -63.2% | -68.2% | -72.6% | -92.8% | -114.5% | -143.2% | -168.2% | -198.9% | -222.4% | -233.3% | -205.2% | -143.6% | -121.8% | -115.9% | -143.7% | -194.6% | -191.5% | -165.9% | -115.6% | -66.6% | -45.9% | -35.1% | |
| Returns | ||||||||||||||||||||||||||||||||||||||||
| -17.2% | -16.9% | -11.8% | -7.8% | -5.0% | -6.7% | -9.2% | -12.2% | -17.1% | -9.7% | -12.5% | -13.8% | -15.6% | -15.6% | -14.0% | -15.4% | -9.5% | -5.7% | -3.9% | -4.7% | -6.3% | -8.6% | -10.7% | -13.8% | -15.5% | -15.0% | -14.8% | -12.9% | -15.6% | -18.0% | -19.5% | -20.2% | -45.7% | -48.2% | -46.5% | -46.7% | -19.8% | -15.4% | -14.1% | -13.7% | |
| -11.8% | -11.5% | -7.7% | -5.2% | -3.4% | -4.5% | -6.4% | -8.3% | -11.5% | -7.9% | -10.0% | -10.6% | -11.7% | -11.5% | -11.0% | -12.1% | -8.3% | -5.3% | -3.7% | -4.5% | -5.9% | -7.9% | -9.9% | -12.8% | -14.3% | -13.9% | -13.8% | -12.0% | -14.3% | -16.6% | -17.6% | -18.3% | -39.6% | -41.7% | -40.2% | -40.3% | -16.9% | -13.3% | -12.3% | -11.9% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||||||||||||
| -60 | -65 | -61 | -61 | -53 | -53 | -46 | -29 | -17 | -192 | -145 | -161 | -151 | -145 | -179 | -168 | -359 | -761 | -1,266 | -1,240 | -1,218 | -1,119 | -1,063 | -1,001 | -945 | -910 | -860 | -810 | -773 | -743 | -717 | -674 | -632 | -601 | -574 | -547 | -522 | -523 | -513 | -498 | |
| – | – | – | – | -63.0 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |
| 68.8% | 68.1% | 65.8% | 65.9% | 68.5% | 67.5% | 69.5% | 68.5% | 67.2% | 81.7% | 79.7% | 76.6% | 75.0% | 73.5% | 78.0% | 78.7% | 87.4% | 92.3% | 95.0% | 94.6% | 94.1% | 92.2% | 92.5% | 92.4% | 92.3% | 92.9% | 93.1% | 93.1% | 92.1% | 92.0% | 90.6% | 90.3% | 86.6% | 86.6% | 86.4% | 86.4% | 85.4% | 86.5% | 87.2% | 86.9% | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| -0.13 | -0.12 | -0.08 | -0.05 | -0.03 | -0.05 | -0.06 | -0.08 | -0.10 | -0.12 | -0.15 | -0.16 | -0.17 | -0.17 | -0.17 | -0.18 | -0.19 | -0.18 | -0.19 | -0.22 | -0.29 | -0.38 | -0.46 | -0.57 | -0.61 | -0.58 | -0.56 | -0.47 | -0.54 | -0.59 | -0.62 | -0.62 | -1.10 | -1.08 | -1.01 | -0.99 | -0.40 | -0.31 | -0.27 | -0.25 | |
| 0.45 | 0.49 | 0.52 | 0.57 | 0.63 | 0.68 | 0.67 | 0.66 | 0.60 | 0.42 | 0.40 | 0.39 | 0.40 | 0.45 | 0.49 | 0.48 | 0.48 | 0.36 | 0.34 | 0.33 | 0.32 | 0.35 | 0.36 | 0.35 | 0.34 | 0.28 | 0.25 | 0.24 | 0.25 | 0.34 | 0.34 | 0.35 | 0.31 | 0.23 | 0.24 | 0.24 | 0.30 | 0.34 | 0.34 | 0.35 | |
| 0.76 | 0.71 | 0.68 | 0.68 | 0.69 | 0.67 | 0.65 | 0.63 | 0.61 | 1.22 | 1.17 | 1.14 | 1.11 | 1.06 | 1.23 | 1.20 | 2.01 | 3.13 | 4.89 | 4.67 | 4.57 | 4.46 | 4.31 | 4.14 | 3.96 | 3.88 | 3.78 | 3.67 | 3.46 | 3.30 | 3.18 | 3.08 | 2.40 | 2.25 | 2.18 | 2.12 | 2.02 | 2.02 | 1.92 | 1.85 | |
| -0.17 | -0.06 | -0.04 | -0.01 | -0.05 | -0.09 | -0.11 | -0.21 | -0.24 | -0.18 | -0.20 | -0.13 | -0.12 | -0.12 | -0.12 | -0.19 | -0.19 | -0.19 | -0.21 | -0.22 | -0.24 | -0.33 | -0.41 | -0.50 | -0.56 | -0.56 | -0.57 | -0.55 | -0.52 | -0.49 | -0.42 | -0.40 | -0.44 | -0.45 | -0.45 | -0.40 | -0.35 | -0.23 | -0.16 | -0.12 | |
Showing the most recent 40 periods — older statements are on file for this stock.
Data as of: October 5, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.