Ballard Power Systems (BLDP) Common Equity (2009 - 2025)
Ballard Power Systems (BLDP) reported Common Equity of $606.8 million for Q3 2025, down 15.66% year-over-year from $719.5 million in Q3 2024, and down 4.58% quarter-over-quarter from $635.9 million in Q2 2025.
Ballard Power Systems (BLDP) Common Equity (2009 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has 17 years of Common Equity data on file, last reported at $606.8 million in Q3 2025.
- Common Equity for Q3 2025 came in at $606.8 million, down 15.66% year-over-year; the trailing twelve-month figure through Sep 2025 was $606.8 million (down 15.66% YoY), and the FY2024 annual result was $673.0 million, down 32.1% from the prior year.
- Common Equity fell to $606.8 million in Q3 2025 per BLDP's latest filing, from $635.9 million in the prior quarter.
- Over five years, Common Equity peaked at $1.4 billion in Q1 2021 and troughed at $606.8 million in Q3 2025.
- A 5-year average of $1.0 billion and a median of $1.1 billion in 2023 frame the typical range for Common Equity.
- The sharpest annual moves came in 2021 and 2024: Common Equity surged 387.91% in 2021, then sank 32.1% in 2024.
- A 5-year view of Common Equity shows it stood at $1.3 billion in 2021, then slipped by 12.75% to $1.2 billion in 2022, then declined by 14.47% to $991.2 million in 2023, then slumped by 32.1% to $673.0 million in 2024, then retreated by 9.83% to $606.8 million in 2025.
- Business Quant data shows BLDP's Common Equity at $606.8 million in Q3 2025, $635.9 million in Q2 2025, and $653.8 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | 161.67 Mn |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 4.24 Bn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 921.47 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 3.80 Bn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 3.78 Bn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 1.38 Bn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | - |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 709.07 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 2.84 Bn |
| 10 | EnerSys | 8.48 Bn | 8.04 Bn | 290.87 Mn | 1.91 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 606.82 Mn |
| Jun 30, 2025 | 635.95 Mn |
| Mar 31, 2025 | 653.82 Mn |
| Dec 31, 2024 | 672.99 Mn |
| Sep 30, 2024 | 719.51 Mn |
| Jun 30, 2024 | 922.13 Mn |
| Mar 31, 2024 | 951.60 Mn |
| Dec 31, 2023 | 991.22 Mn |
| Sep 30, 2023 | 1.04 Bn |
| Jun 30, 2023 | 1.10 Bn |
| Mar 31, 2023 | 1.13 Bn |
| Dec 31, 2022 | 1.16 Bn |
| Sep 30, 2022 | 1.19 Bn |
| Jun 30, 2022 | 1.23 Bn |
| Mar 31, 2022 | 1.29 Bn |
| Dec 31, 2021 | 1.33 Bn |
| Sep 30, 2021 | 1.36 Bn |
| Jun 30, 2021 | 1.39 Bn |
| Mar 31, 2021 | 1.41 Bn |
| Dec 31, 2020 | 900.89 Mn |