Growth Metrics

Ballard Power Systems (BLDP) FCF Margin (2016 - 2025)

Ballard Power Systems has reported FCF Margin over the past 17 years, most recently at 13.4% for Q4 2025.

  • Quarterly FCF Margin rose 7519.0% to 13.4% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 66.46% through Dec 2025, down 4503.0% year-over-year, with the annual reading at 66.43% for FY2025, 12566.0% up from the prior year.
  • FCF Margin was 13.4% for Q4 2025 at Ballard Power Systems, up from 66.03% in the prior quarter.
  • Over five years, FCF Margin peaked at 25960.14% in Q4 2021 and troughed at 188.16% in Q1 2023.
  • The 5-year median for FCF Margin is 39.71% (2025), against an average of 1305.56%.
  • Year-over-year, FCF Margin skyrocketed 2592430bps in 2021 and then tumbled -2613269bps in 2022.
  • A 5-year view of FCF Margin shows it stood at 25960.14% in 2021, then crashed by -101bps to 172.55% in 2022, then surged by 141bps to 70.63% in 2023, then tumbled by -225bps to 88.59% in 2024, then surged by 85bps to 13.4% in 2025.
  • Per Business Quant, the three most recent readings for BLDP's FCF Margin are 13.4% (Q4 2025), 66.03% (Q3 2025), and 101.44% (Q2 2025).