Ballard Power Systems/$BLDP
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX
About Ballard Power Systems
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from Poland followed by United States, United Kingdom, and other countries.
Ticker
$BLDP
Sector
Primary listing
Employees
887
Headquarters
Burnaby, Canada
Website
BLDP Metrics
BasicAdvanced
$1.1B
-
-$0.99
1.94
-
Price and volume
Market cap
$1.1B
Beta
1.94
52-week high
$4.10
52-week low
$1.00
Average daily volume
9.2M
Financial strength
Current ratio
9.309
Quick ratio
8.277
Long term debt to equity
3.221
Total debt to equity
3.731
Interest coverage (TTM)
-65.29%
Profitability
EBITDA (TTM)
-136.69
Gross margin (TTM)
-22.82%
Net profit margin (TTM)
-409.35%
Operating margin (TTM)
-191.43%
Effective tax rate (TTM)
-0.01%
Revenue per employee (TTM)
$80,000
Management effectiveness
Return on assets (TTM)
-9.88%
Return on equity (TTM)
-38.04%
Valuation
Price to revenue (TTM)
14.625
Price to book
2.34
Price to tangible book (TTM)
2.35
Price to free cash flow (TTM)
-8.815
Free cash flow yield (TTM)
-11.34%
Free cash flow per share (TTM)
-0.402
Growth
Revenue change (TTM)
-30.46%
Earnings per share change (TTM)
58.88%
3-year revenue growth (CAGR)
-11.30%
10-year revenue growth (CAGR)
2.49%
3-year earnings per share growth (CAGR)
19.98%
10-year earnings per share growth (CAGR)
20.56%
What the Analysts think about BLDP
Analyst ratings (Buy, Hold, Sell) for Ballard Power Systems stock.
Bulls say / Bears say
Q1 2025 revenue reached $15.4 million, up 6% year-over-year, primarily supported by a 41% YoY increase in bus market sales, underlining continued momentum in Ballard’s main heavy-duty mobility business (PRNewswire).
Gross margin improved by 14 percentage points to –23% in Q1 2025 after restructuring, showing clear progress from cost-saving measures (PRNewswire).
Ballard secured a multi-year agreement with Egypt’s Manufacturing Commercial Vehicles for 50 FCmove-HD+ engines (around 5 MW), with first deliveries in 2025–26, demonstrating growing international demand (PRNewswire).
Order backlog dropped 9% quarter-over-quarter to $158.0 million at the end of Q1 2025, indicating that product deliveries exceeded the pace of new orders and suggesting potential future demand weakness (PRNewswire).
Ballard consumed $24.4 million in operating cash during Q1 2025 and reported a net loss of $21.0 million, highlighting ongoing losses and persistent cash outflows despite efforts to cut costs (PRNewswire).
Non-bus segments performed poorly in Q1 2025, as stationary sales dropped 84% YoY and marine revenue declined 99% YoY, pointing to heavy reliance on the bus business and weak diversification (PRNewswire).
Data summarised monthly by Lightyear AI. Last updated on 7 Oct 2025.
BLDP Financial Performance
Revenues and expenses
BLDP Earnings Performance
Company profitability
BLDP News
AllArticlesVideos
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Ballard Power Systems stock?
Ballard Power Systems (BLDP) has a market cap of $1.1B as of October 30, 2025.
What is the P/E ratio for Ballard Power Systems stock?
The price to earnings (P/E) ratio for Ballard Power Systems (BLDP) stock is 0 as of October 30, 2025.
Does Ballard Power Systems stock pay dividends?
No, Ballard Power Systems (BLDP) stock does not pay dividends to its shareholders as of October 30, 2025.
When is the next Ballard Power Systems dividend payment date?
Ballard Power Systems (BLDP) stock does not pay dividends to its shareholders.
What is the beta indicator for Ballard Power Systems?
Ballard Power Systems (BLDP) has a beta rating of 1.94. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.