Boralex Inc
TSX:BLX
Gross Margin
Boralex Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
Boralex Inc
TSX:BLX
|
3.2B CAD |
76%
|
|
| CN |
|
China Yangtze Power Co Ltd
SSE:600900
|
703.5B CNY |
57%
|
|
| ID |
B
|
Barito Renewables Energy PT Tbk
IDX:BREN
|
1 023.5T IDR |
0%
|
|
| CN |
|
Huaneng Lancang River Hydropower Inc
SSE:600025
|
168.7B CNY |
54%
|
|
| CN |
|
China Longyuan Power Group Corp Ltd
HKEX:916
|
156.6B HKD |
0%
|
|
| IN |
|
Adani Green Energy Ltd
NSE:ADANIGREEN
|
1.5T INR |
87%
|
|
| CN |
|
China Three Gorges Renewables Group Co Ltd
SSE:600905
|
125.4B CNY |
49%
|
|
| ES |
E
|
EDP Renovaveis SA
ELI:EDPR
|
10.7B EUR |
81%
|
|
| CN |
|
Sichuan Chuantou Energy Co Ltd
SSE:600674
|
77.1B CNY |
50%
|
|
| IN |
N
|
Ntpc Green Energy Ltd
NSE:NTPCGREEN
|
891.3B INR |
0%
|
|
| IN |
|
NHPC Ltd
NSE:NHPC
|
838.6B INR |
92%
|
Boralex Inc
Glance View
Boralex Inc., a stalwart in the renewable energy sector, has steadily carved out a significant presence in North America and Europe through its sustained focus on generating clean power. Founded in 1990 and headquartered in Kingsey Falls, Quebec, the company initially gained traction by capitalizing on Quebec’s robust forestry industry, venturing into cogeneration with wood residue. Over time, Boralex astutely pivoted towards specializing in the renewable energy arenas of wind, solar, hydroelectric, and thermal power. By leveraging strategic acquisitions and pursuing greenfield projects, it has expanded its portfolio to a capacity exceeding 2 GW, primarily dominated by wind farms, which account for a substantial portion of its energy output. This maneuvering not only underscores the company's commitment to sustainability but also positions it strategically within a growing market for clean energy. Financially, Boralex thrives by capitalizing on long-term power purchase agreements (PPAs) that guarantee steady revenue streams and mitigate exposure to fluctuating energy prices. These agreements typically span several decades, providing the company with a reliable cash flow, a critical factor that bolsters its stability and attractiveness to investors. A significant share of its revenues comes from the sale of electricity across diverse geographies, largely within Canada, France, and the United States. By efficiently managing its assets and optimizing the performance of its installations, the company underscores its operational acumen. Furthermore, Boralex's continuous reinvestment into cutting-edge technology and expansion projects signifies its ambition to capitalize on the global trend toward renewable energy, ensuring sustained growth and societal impact for the foreseeable future.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Boralex Inc's most recent financial statements, the company has Gross Margin of 76.4%.
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