Ballard Power Systems (BLDP) FCF Margin (2009 - 2025)

Ballard Power Systems (BLDP) has 17 years of FCF Margin data on file, last reported at 13.32% in Q4 2025.

• On a quarterly basis, FCF Margin fell 26608.0% year-over-year to 13.32% in Q4 2025; TTM through Dec 2025 was 66.43%, a 16504.0% decrease from a year earlier, with the FY2025 full-year figure at 66.43%, up 13317.0% from the prior year.
• FCF Margin for Q4 2025 stood at 13.32%, up from 66.03% in the prior quarter.
• Over the last five years, FCF Margin for BLDP reached as high as 25942.75% in Q4 2021 and fell as low as 188.16% in Q1 2023.
• Historically, FCF Margin has averaged 1282.79% across 5 years, with a median of 67.58% in 2021.
• Across the five-year window, FCF Margin jumped 2595365 bps in 2021 and plunged 2611530 bps in 2022, its largest moves.
• Year by year, FCF Margin stood at 25942.75% in 2021, then sank by 101 bps to 172.55% in 2022, then surged by 141 bps to 70.63% in 2023, then jumped by 258 bps to 252.77% in 2024, then plunged by 105 bps to 13.32% in 2025.
• Per Business Quant data, the three most recent FCF Margin figures were 13.32% in Q4 2025, 66.03% in Q3 2025, and 101.44% in Q2 2025.