Ballard Power Systems (BLDP) Return on Sales [ROS] (2009 - 2026)
Ballard Power Systems' Return on Sales [ROS] was -81.77% in the quarter ended Jun 30, 2026, up 104.31 percentage points from -186.08% a year earlier but down 11.49 percentage points from the prior quarter.
Ballard Power Systems (BLDP) Return on Sales [ROS] (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ballard Power Systems' Return on Sales [ROS] was -67.53% through Jun 30, 2026, up 72.38 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -104.11%, up 158.75 percentage points from the prior year.
- Return on Sales [ROS] shows a five-year change of -65.84 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Return on Sales [ROS] was -262.87% in the year ended Dec 31, 2024 (-103.73 pp), -159.14% in the year ended Dec 31, 2023 (+18.40 pp), -177.53% in the year ended Dec 31, 2022 (-93.23 pp) and -84.31% in the year ended Dec 31, 2021 (-46.03 pp).
- Quarterly Return on Sales [ROS] has moved between -427.51% (the quarter ended Sep 30, 2024) and 167.27% (the quarter ended Sep 30, 2022) over five years.
- Compared with a year earlier, Return on Sales [ROS] was higher in six of the last eight quarters, with an average year-over-year change of +47.00 percentage points.
- The best year-over-year quarter for Return on Sales [ROS] over five years was the quarter ended Sep 30, 2025 (a gain of 335.40 percentage points); the worst was the quarter ended Dec 31, 2021 (a drop of 4556.67 percentage points).
- Per Business Quant data, BLDP's Return on Sales [ROS] in the three quarters before the quarter ended Jun 30, 2026 was -70.28% (quarter ended Mar 31, 2026), -33.48% (quarter ended Dec 31, 2025) and -92.11% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 216.95 Bn | 178.02 Bn | 2.36 Bn | 5.88% |
| 2 | Bloom Energy | 57.07 Bn | 47.00 Bn | 417.10 Mn | 18.24% |
| 3 | First Solar | 18.48 Bn | 9.43 Bn | 605.00 Mn | 42.64% |
| 4 | Nextpower | 11.96 Bn | 7.86 Bn | 335.85 Mn | 20.41% |
| 5 | BWX Technologies | 11.65 Bn | 9.95 Bn | 202.31 Mn | 12.66% |
| 6 | Generac Holdings | 11.03 Bn | 9.86 Bn | 521.81 Mn | 17.93% |
| 7 | EnerSys | 6.03 Bn | 4.22 Bn | 313.36 Mn | 16.18% |
| 8 | Enphase Energy | 4.18 Bn | -683.79 Mn | 175.01 Mn | 17.65% |
| 9 | Mirion Technologies | 3.62 Bn | 1.51 Bn | 133.10 Mn | 6.71% |
| 10 | Ballard Power Systems | 442.15 Mn | -1.64 Bn | 4.08 Mn | -81.77% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -81.77% |
| Mar 31, 2026 | -70.28% |
| Dec 31, 2025 | 86.25% |
| Sep 30, 2025 | -92.11% |
| Jun 30, 2025 | -186.08% |
| Mar 31, 2025 | -188.84% |
| Dec 31, 2024 | -183.19% |
| Sep 30, 2024 | -427.51% |
| Jun 30, 2024 | -258.40% |
| Mar 31, 2024 | -293.90% |
| Dec 31, 2023 | -96.37% |
| Sep 30, 2023 | -138.78% |
| Jun 30, 2023 | -161.19% |
| Mar 31, 2023 | -313.01% |
| Dec 31, 2022 | -185.04% |
| Sep 30, 2022 | -182.72% |
| Jun 30, 2022 | -194.27% |
| Mar 31, 2022 | -145.00% |
| Dec 31, 2021 | -110.30% |
| Sep 30, 2021 | -97.58% |
Ballard Power Systems Return on Sales [ROS] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=BLDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "ticker": "BLDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();