Ballard Power Systems (BLDP) EBT Margin (2009 - 2025)
Ballard Power Systems' (BLDP) quarterly EBT Margin came in at 52.02% in Q4 2025, up 13742.0% year-on-year from N/an in Q4 2024, and up 39.76% on a QoQ basis from 86.37% in Q3 2025.
Ballard Power Systems (BLDP) EBT Margin (2009 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has 17 years of EBT Margin data on file, last reported at 52.02% in Q4 2025.
- On a quarterly basis, EBT Margin rose 13742.0% year-over-year to 52.02% in Q4 2025; TTM through Dec 2025 was 91.44%, a 37236.0% increase from a year earlier, with the FY2025 full-year figure at 91.44%, up 37236.0% from the prior year.
- EBT Margin for Q4 2025 stood at 52.02%, up from 86.37% in the prior quarter.
- Over the last five years, EBT Margin for BLDP reached as high as 52.02% in Q4 2025 and fell as low as 31934.78% in Q4 2021.
- Historically, EBT Margin has averaged 1811.36% across 5 years, with a median of 186.52% in 2023.
- Across the five-year window, EBT Margin tumbled 3188425 bps in 2021 and soared 3174279 bps in 2022, its largest moves.
- Year by year, EBT Margin stood at 31934.78% in 2021, then jumped by 99 bps to 191.99% in 2022, then soared by 46 bps to 104.49% in 2023, then sank by 81 bps to 189.45% in 2024, then surged by 73 bps to 52.02% in 2025.
- Per Business Quant data, the three most recent EBT Margin figures were 52.02% in Q4 2025, 86.37% in Q3 2025, and 135.95% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 10.84% |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 16.54% |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 9.87% |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 15.59% |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 14.24% |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 13.70% |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | -0.90% |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 20.83% |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 10.03% |
| 10 | Ballard Power Systems | 895.53 Mn | 364.27 Mn | 5.64 Mn | -52.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -52.02% |
| Sep 30, 2025 | -86.37% |
| Jun 30, 2025 | -135.95% |
| Mar 31, 2025 | -136.70% |
| Dec 31, 2024 | -189.45% |
| Sep 30, 2024 | -1,386.09% |
| Jun 30, 2024 | -196.18% |
| Mar 31, 2024 | -283.91% |
| Dec 31, 2023 | -104.49% |
| Sep 30, 2023 | -128.24% |
| Jun 30, 2023 | -183.59% |
| Mar 31, 2023 | -244.57% |
| Dec 31, 2022 | -191.99% |
| Sep 30, 2022 | -202.88% |
| Jun 30, 2022 | -266.11% |
| Mar 31, 2022 | -192.88% |
| Dec 31, 2021 | -31,934.78% |
| Sep 30, 2021 | -122.29% |
| Jun 30, 2021 | -87.78% |
| Mar 31, 2021 | -100.98% |