Ballard Power Systems (BLDP) EV to CFO (2009 - 2026)
Ballard Power Systems' (BLDP) quarterly EV to CFO came in at 32.7 in Q2 2026, down 981.94% year-over-year from 3.71 in Q2 2025, and down 23.37% quarter-over-quarter from 26.51 in Q1 2026.
Analysis
Ballard Power Systems (BLDP) EV to CFO (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported EV to CFO for 18 consecutive years, with 32.7 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to CFO fell 981.94% year-over-year to 32.7 in Q2 2026; TTM through Jun 2026 was 16.8, a 11724.03% decrease from a year earlier, with the FY2025 full-year figure at 4.14, down 511.0% from the prior year.
- EV to CFO was 32.7 for Q2 2026 at Ballard Power Systems, down from 26.51 in the prior quarter.
- Over five years, EV to CFO peaked at 24.24 in Q4 2022 and troughed at 57.49 in Q1 2022.
- A 5-year average of 6.3 and a median of 0.0 in 2024 frame the typical range for EV to CFO.
- Across the five-year window, EV to CFO soared 11384.94% in 2025 and tumbled 981.94% in 2026, its largest moves.
- Over 5 years, EV to CFO stood at 24.24 in 2022, then sank by 98.06% to 0.47 in 2023, then tumbled by 138.42% to 0.18 in 2024, then soared by 11384.94% to 20.37 in 2025, then tumbled by 260.56% to 32.7 in 2026.
- The last three EV to CFO figures came in at 32.7 (Q2 2026), 26.51 (Q1 2026), and 20.37 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bloom Energy | 74.18 Bn | 71.54 Bn | 355.57 Mn |
| 2 | Fuelcell Energy | 38.38 Bn | 37.73 Bn | -24.50 Mn |
| 3 | Ballard Power Systems | 703.84 Mn | 198.69 Mn | 4.08 Mn |
| 4 | Sunhydrogen | 114.56 Mn | 114.56 Mn | -45,724.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -32.70 |
| Mar 31, 2026 | -26.51 |
| Dec 31, 2025 | 20.37 |
| Sep 30, 2025 | -12.67 |
| Jun 30, 2025 | 3.71 |
| Mar 31, 2025 | 10.22 |
| Dec 31, 2024 | -0.18 |
| Sep 30, 2024 | 3.44 |
| Jun 30, 2024 | 0.19 |
| Mar 31, 2024 | -5.43 |
| Dec 31, 2023 | 0.47 |
| Sep 30, 2023 | 14.24 |
| Jun 30, 2023 | 17.52 |
| Mar 31, 2023 | -21.79 |
| Dec 31, 2022 | 24.24 |
| Sep 30, 2022 | -28.61 |
| Jun 30, 2022 | -22.41 |
| Mar 31, 2022 | -57.49 |
| Dec 31, 2021 | 85.09 |
| Sep 30, 2021 | -204.72 |