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 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| – | 724.8 | 3,850.0 | – | – | – | – | – | – | – | – | – | 2.8 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |
| 16.3 | 60.0 | 118.8 | 101.6 | 203.6 | 44.5 | 12.9 | 11.6 | 9.9 | 9.5 | 13.0 | 9.3 | 1.6 | 3.4 | 1.9 | 1.2 | 1.2 | 2.4 | 3.7 | 4.0 | 3.3 | 6.4 | 4.6 | 15.9 | 56.0 | 35.6 | 17.5 | 10.8 | 7.3 | 7.5 | |
| 4.7 | 4.7 | 4.7 | 6.0 | 8.5 | 3.2 | 1.4 | 1.9 | 1.4 | 1.1 | 2.1 | 2.4 | 0.6 | 1.0 | 1.0 | 1.0 | 0.9 | 2.1 | 3.1 | 2.0 | 2.2 | 6.5 | 1.6 | 6.7 | 6.5 | 2.8 | 1.2 | 1.1 | 0.8 | 1.3 | |
| 13.7 | 54.1 | 104.9 | 99.0 | 196.5 | 42.5 | – | – | 7.9 | – | 11.9 | 8.8 | – | 2.5 | 1.4 | 1.2 | 1.6 | 2.2 | 3.5 | 3.4 | 2.5 | 6.0 | 2.6 | 14.5 | 48.7 | 24.9 | 6.4 | 3.5 | -1.3 | 2.3 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | 17.3 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |
| -5.7% | -1.7% | -1.0% | -2.7% | -1.1% | -2.7% | -12.5% | -3.5% | -10.6% | -16.3% | -8.0% | -6.3% | -31.6% | -21.2% | -26.0% | -40.2% | -54.8% | -11.9% | -9.8% | -13.0% | -3.9% | -2.1% | -9.3% | -1.7% | -1.0% | -2.6% | -11.6% | -13.2% | -26.7% | -8.9% | |
| Margins | ||||||||||||||||||||||||||||||
| 18.1% | 18.9% | 38.3% | 29.9% | -10.2% | 45.0% | 26.2% | 36.4% | 26.8% | 41.8% | 57.4% | 61.8% | 20.4% | 12.7% | 15.7% | 18.3% | 16.9% | 27.4% | 14.9% | 17.7% | 28.4% | 34.3% | 30.7% | 21.1% | 20.2% | 13.4% | -16.3% | -21.3% | -31.5% | 2.4% | |
| -72.3% | -108.9% | -184.6% | -233.3% | -298.5% | -135.9% | -213.5% | -119.4% | -166.8% | -194.9% | -121.5% | -94.3% | -85.8% | -111.4% | -65.8% | -44.2% | -71.2% | -31.7% | -40.8% | -44.1% | -21.2% | -4.0% | -21.5% | -24.1% | -38.3% | -84.2% | -173.5% | -159.1% | -262.9% | -80.6% | |
| -23.9% | 8.3% | 3.1% | -223.8% | -208.7% | -158.3% | -162.5% | -104.6% | -215.6% | -161.9% | -363.6% | -87.4% | 57.2% | -7.0% | -53.7% | -44.0% | -96.4% | -32.6% | -40.6% | -10.3% | -25.4% | -6.6% | -28.3% | -36.9% | -49.5% | -109.5% | -211.9% | -173.6% | -465.0% | -91.4% | |
| -92.6% | -102.4% | -118.5% | -275.5% | -222.9% | -120.4% | -161.4% | -40.5% | -104.9% | -155.1% | -103.2% | -58.1% | -50.0% | -72.2% | -50.4% | -49.1% | -67.1% | -29.2% | -36.2% | -51.8% | -12.6% | -13.4% | -43.0% | -26.6% | -53.7% | -91.1% | -203.6% | -142.6% | -194.6% | -66.4% | |
| Returns | ||||||||||||||||||||||||||||||
| -7.0% | 0.6% | 0.1% | -13.3% | -8.7% | -11.5% | -17.9% | -16.9% | -30.5% | -18.4% | -59.4% | -22.2% | 21.1% | -2.1% | -27.2% | -35.1% | -67.5% | -27.9% | -34.0% | -5.1% | -17.4% | -6.7% | -9.7% | -15.6% | -5.7% | -8.6% | -15.0% | -17.9% | -48.2% | -15.7% | |
| -5.8% | 0.6% | 0.1% | -12.0% | -8.1% | -10.0% | -16.1% | -15.0% | -26.6% | -16.6% | -51.7% | -19.2% | 16.3% | -1.7% | -18.4% | -20.2% | -33.0% | -16.6% | -21.8% | -3.6% | -11.8% | -4.5% | -7.9% | -11.5% | -5.3% | -7.9% | -13.9% | -16.5% | -41.7% | -13.6% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| -49 | -101 | -225 | -60 | -192 | -124 | – | – | -162 | – | -51 | -31 | – | -41 | -38 | 0.6 | 17 | -18 | -13 | -32 | -65 | -53 | -192 | -145 | -761 | -1,119 | -910 | -747 | -601 | -523 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | -6.1 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |
| 82.6% | 90.6% | 90.9% | 90.5% | 92.6% | 87.3% | 89.9% | 88.8% | 87.2% | 90.1% | 87.2% | 86.4% | 77.4% | 81.4% | 67.6% | 57.7% | 48.9% | 59.6% | 64.0% | 70.9% | 68.1% | 67.5% | 81.7% | 73.5% | 92.3% | 92.2% | 92.9% | 92.0% | 86.6% | 86.5% | |
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | – | – | 0.0 | – | 0.0 | 0.1 | – | 0.0 | 0.1 | 0.2 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Per Share | ||||||||||||||||||||||||||||||
| -0.10 | 0.04 | 0.01 | -0.62 | -0.65 | -1.05 | -1.40 | -1.07 | -1.48 | -0.71 | -1.60 | -0.50 | 0.40 | -0.04 | -0.42 | -0.40 | -0.48 | -0.20 | -0.22 | -0.04 | -0.13 | -0.05 | -0.15 | -0.17 | -0.21 | -0.39 | -0.58 | -0.60 | -1.08 | -0.31 | |
| 0.42 | 0.42 | 0.23 | 0.28 | 0.31 | 0.66 | 0.86 | 1.02 | 0.69 | 0.44 | 0.44 | 0.57 | 0.69 | 0.56 | 0.77 | 0.90 | 0.50 | 0.61 | 0.54 | 0.40 | 0.52 | 0.69 | 0.52 | 0.45 | 0.42 | 0.35 | 0.27 | 0.34 | 0.23 | 0.33 | |
| 1.44 | 5.40 | 5.79 | 4.68 | 7.41 | 9.16 | 7.83 | 6.32 | 4.85 | 3.87 | 2.69 | 2.25 | 1.88 | 1.90 | 1.53 | 1.13 | 0.71 | 0.72 | 0.64 | 0.82 | 0.76 | 0.68 | 1.52 | 1.07 | 3.63 | 4.49 | 3.89 | 3.32 | 2.25 | 1.94 | |
| -0.39 | -0.43 | -0.27 | -0.76 | -0.69 | -0.80 | -1.39 | -0.41 | -0.72 | -0.68 | -0.45 | -0.33 | -0.35 | -0.40 | -0.39 | -0.44 | -0.33 | -0.18 | -0.20 | -0.21 | -0.07 | -0.09 | -0.22 | -0.12 | -0.22 | -0.32 | -0.56 | -0.49 | -0.45 | -0.22 | |
Data as of: October 1, 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.