Ballard Power Systems BLDP
NASDAQ BLDP
$2.36 -0.01 (-0.42%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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