Companies/Boralex Inc.

Company profile

Boralex Inc.

OTC: BRLXF · Utilities · Renewable Utilities

Canadian filerHQ Kingsey Falls, QCReports USD

#75 of 134 Utilities companies by revenuebottom-quartile growth

EA Score

41D

FH 44DQ —GM 30SS 46

v0.1 · 45/100 weight · provisional

↑ operating margin, market scale · ↓ 3-yr revenue growth, revenue growth (YoY)

Methodology →

Revenue TTM

$650.1M

Rev growth YoY (TTM)

+11.8%

Net income (FY)

$5.0M

Employees

822

Market cap

$2.7B

Financials — latest annual

SEC EDGAR · USD-normalized

ConceptUSDNativeFY

Revenue$606.8M848.3M CAD2025

Net income$5.0M7.0M CAD2025

Operating income$136.5M190.8M CAD2025

Total assets$5.6B7.6B CAD2025

Liabilities$4.1B5.7B CAD2025

Equity$1.1B1.5B CAD2025

Revenue trend

FY2018 – FY2025 · USD

$369.7M

FY18

$432.5M

FY19

$471.9M

FY20

$551.2M

FY21

$642.5M

FY22

$757.2M

FY23

$622.7M

FY24

$606.8M

FY25

Revenue by segment

No segmentation disclosed for this filer. n/a

The read

Boralex Inc. booked $606.8M in FY2025 revenue, contracting 2.6% year over year — slower than 77% of Utilities companies we track, at a 0.8% net margin.

Peers · Utilities

Centuri Holdings, Inc.46D NuScale Power Corporation33D Capital Power Corp38D Canadian Utilities Limited 2ND PFD SER DD%41D

Key facts

CEOPatrick Decostre

SectorUtilities

IndustryRenewable Utilities

HeadquartersKingsey Falls, QC

ExchangeOTC: BRLXF

Employees822

IPO date2010-04-05

Latest filings

No filings loaded — no CIK (non-SEC filer).

Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.