🎉 M&A multiples are live!
Check it out!

Boralex Valuation Multiples

Discover revenue and EBITDA valuation multiples for Boralex and similar public comparables like Gran Tierra Energy, TAQA, and Dana Gas.

Boralex Overview

About Boralex

Boralex is a power producer whose core business is dedicated to the development and operation of renewable energy power stations in Canada, France, the United States, and the United Kingdom. Boralex owns power generation assets across four technologies: wind, solar, hydroelectric, and thermal. Substantially all of its operating assets are subject to indexed fixed-price energy sales contracts.


Founded

1982

HQ

Canada
Employees

822

Website

boralex.com

Financials

LTM Revenue $630M

LTM EBITDA $496M

EV

$5.1B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 15K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Boralex Financials

Boralex has a last 12-month revenue (LTM) of $630M and a last 12-month EBITDA of $496M.

In the most recent fiscal year, Boralex achieved revenue of $614M and an EBITDA of $384M.

Boralex expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Boralex valuation multiples based on analyst estimates

Boralex P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $630M XXX $614M XXX XXX XXX
Gross Profit $484M XXX n/a XXX XXX XXX
Gross Margin 77% XXX n/a XXX XXX XXX
EBITDA $496M XXX $384M XXX XXX XXX
EBITDA Margin 79% XXX 63% XXX XXX XXX
EBIT $195M XXX $163M XXX XXX XXX
EBIT Margin 31% XXX 26% XXX XXX XXX
Net Profit $44.8M XXX $25.9M XXX XXX XXX
Net Margin 7% XXX 4% XXX XXX XXX
Net Debt XXX XXX $2.4B XXX XXX XXX

Financial data powered by Morningstar, Inc.

Boralex Stock Performance

As of September 3, 2025, Boralex's stock price is CAD 28 (or $20).

Boralex has current market cap of CAD 2.9B (or $2.1B), and EV of CAD 7.1B (or $5.1B).

See Boralex trading valuation data

Boralex Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$5.1B $2.1B XXX XXX XXX XXX $0.42

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Boralex Valuation Multiples

As of September 3, 2025, Boralex has market cap of $2.1B and EV of $5.1B.

Boralex's trades at 8.3x EV/Revenue multiple, and 13.3x EV/EBITDA.

Equity research analysts estimate Boralex's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

Boralex has a P/E ratio of 46.4x.

See valuation multiples for Boralex and 15K+ public comps

Boralex Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $2.1B XXX $2.1B XXX XXX XXX
EV (current) $5.1B XXX $5.1B XXX XXX XXX
EV/Revenue 8.1x XXX 8.3x XXX XXX XXX
EV/EBITDA 10.3x XXX 13.3x XXX XXX XXX
EV/EBIT 26.1x XXX 31.3x XXX XXX XXX
EV/Gross Profit 10.5x XXX n/a XXX XXX XXX
P/E 46.4x XXX 80.2x XXX XXX XXX
EV/FCF 38.3x XXX -29.9x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Boralex Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Boralex Margins & Growth Rates

Boralex's last 12 month revenue growth is 12%

Boralex's revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.5M for the same period.

Boralex's rule of 40 is 68% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Boralex's rule of X is 109% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Boralex and other 15K+ public comps

Boralex Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 12% XXX 9% XXX XXX XXX
EBITDA Margin 79% XXX 63% XXX XXX XXX
EBITDA Growth 10% XXX 11% XXX XXX XXX
Rule of 40 68% XXX 75% XXX XXX XXX
Bessemer Rule of X XXX XXX 109% XXX XXX XXX
Revenue per Employee XXX XXX $0.7M XXX XXX XXX
Opex per Employee XXX XXX $0.5M XXX XXX XXX
S&M Expenses to Revenue XXX XXX n/a XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX 7% XXX XXX XXX
Opex to Revenue XXX XXX 74% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Boralex Public Comps

See public comps and valuation multiples for Energy Exploration & Generation and Wind comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
ADNOC Drilling Company XXX XXX XXX XXX XXX XXX
ADNOC Gas XXX XXX XXX XXX XXX XXX
Dana Gas XXX XXX XXX XXX XXX XXX
TAQA XXX XXX XXX XXX XXX XXX
Gran Tierra Energy XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Boralex M&A and Investment Activity

Boralex acquired  XXX companies to date.

Last acquisition by Boralex was  XXXXXXXX, XXXXX XXXXX XXXXXX . Boralex acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Boralex

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 65K+ M&A deals.

Start Free Trial

About Boralex

When was Boralex founded? Boralex was founded in 1982.
Where is Boralex headquartered? Boralex is headquartered in Canada.
How many employees does Boralex have? As of today, Boralex has 822 employees.
Who is the CEO of Boralex? Boralex's CEO is Mr. Patrick Decostre.
Is Boralex publicy listed? Yes, Boralex is a public company listed on TSE.
What is the stock symbol of Boralex? Boralex trades under BLX ticker.
When did Boralex go public? Boralex went public in 1999.
Who are competitors of Boralex? Similar companies to Boralex include e.g. ADNOC Drilling Company, ADNOC Gas, Dana Gas, TAQA.
What is the current market cap of Boralex? Boralex's current market cap is $2.1B
What is the current revenue of Boralex? Boralex's last 12 months revenue is $630M.
What is the current revenue growth of Boralex? Boralex revenue growth (NTM/LTM) is 12%.
What is the current EV/Revenue multiple of Boralex? Current revenue multiple of Boralex is 8.1x.
Is Boralex profitable? Yes, Boralex is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Boralex? Boralex's last 12 months EBITDA is $496M.
What is Boralex's EBITDA margin? Boralex's last 12 months EBITDA margin is 79%.
What is the current EV/EBITDA multiple of Boralex? Current EBITDA multiple of Boralex is 10.3x.
What is the current FCF of Boralex? Boralex's last 12 months FCF is $133M.
What is Boralex's FCF margin? Boralex's last 12 months FCF margin is 21%.
What is the current EV/FCF multiple of Boralex? Current FCF multiple of Boralex is 38.3x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.