Companies: 10,795·Total market cap: $144.5T
Boralex Inc.

Boralex Inc.

BLX.TOTSXUtilities● Active
$36.81
$-0.03(-0.08%)
Market Cap$3.8B
P/E Ratio
52W High$37.05
52W Low$23.48

Boralex Inc. (BLX.TO) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

BLX.TO · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $7.0M for FY2025 (fiscal year ending 2025-12-31), down 80.6% year-over-year. Net profit margin was 0.8%. Based on available data, Boralex Inc. has been profitable since at least 2011.

FY2025 Net Income$7.0M▼ -80.6% YoY
Trailing 12M (TTM)−$32.0Mtrailing 4 quarters sum
Net Profit Margin0.8%$7.0M ÷ $849.0M
YoY Change-80.6%
5-Year CAGR-33.8%FY2020 → FY2025
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · BLX.TO net income history · BLX.TO profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$7.0M▼ 80.6%0.8%
FY2024$36.0M▼ 53.8%4.2%
FY2023$78.0M▲ +160.0%7.6%
FY2022$30.0M▲ +76.5%3.6%
FY2021$17.0M▼ 69.1%2.5%

Net income vs peers (Utilities)

#CompanyNet IncomeYoY
#1
Boralex Inc.
Boralex Inc.YOU
BLX.TO
$7.0M-80.6%
#2
NextEra Energy, Inc.
NextEra Energy, Inc.
NEE
$6.83B-1.6%
#3
Duke Energy Corporation
Duke Energy Corporation
DUK
$4.97B+10.2%
#4
GE Vernova Inc.
GE Vernova Inc.
GEV
$4.88B+214.7%
#5
The Southern Company
The Southern Company
SO
$4.34B-1.4%
#6
Constellation Energy Corporation
Constellation Energy Corporation
CEG
$2.32B-38.1%
Utilities · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Boralex Inc. (BLX.TO) reported net income of $7.0M for FY2025 (fiscal year ending 2025-12-31), down 80.6% year-over-year. The net profit margin was 0.8% — meaning the company kept $0.01 of every dollar of revenue as profit.

Based on available data, Boralex Inc. has been profitable since at least 2011. Net income reached a peak of $78.0M in FY2023. Data available for 15 fiscal years.

Boralex Inc.'s net profit margin was 0.8% for FY2025, based on the latest annual results.

Investors sometimes search for "Boralex Inc. net worth" — the company's market capitalization is a separate figure from BLX.TO net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

BLX.TO net income · 5 questions

Boralex Inc. is profitable. The company reported net income of $7.0M for FY2025, a net profit margin of 0.8%. Net income was down 80.6% year-over-year. Based on available data, Boralex Inc. has been profitable since at least 2011.

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Source: FMP /income-statement · GAAP · Boralex Inc. · Boralex Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026