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Northland Power Inc. (NPI.TO)

CAD21.99 -0.23 (-1.04%)
CA TSX Utilities Renewable Utilities
Address 30 St. Clair Avenue West M4V 3A1
Toronto, ON, CA
CEO Christine Healy
IPO 2003-10-09
ISIN CA6665111002

Explore sections of this company profile

Also trades on Other OTC · NPIFF (USD) Other OTC · NPIWF (USD) Toronto Stock Exchange · NPI.TO (CAD)
Description

Northland Power Inc. is an independent energy producer that focuses on the creation, construction, ownership, and management of clean and sustainable electricity generation assets. Its operations extend across North America, Europe, Latin America, and Asia. The company generates power from various sources including renewables like wind, solar, and hydropower, as well as clean-burning natural gas and biomass, selling this output through power purchase agreements and other revenue models. Northland Power holds direct ownership or economic stakes in operational generating facilities with a combined capacity of 3.2 gigawatts. The firm was established in 1987 and is headquartered in Toronto, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD21.99 -0.23 (-1.04%)
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Volume Profile
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Liquidity & share structure
Average Volume
988.7K
Beta
0.61
Float Shares
261.31M
Free Float %
99.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.55% -1.54% +3.47% +17.13% +24.35% +28.74% +10.43% -23.55% -40.05% +3.10% +118.86%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (2 ratings, all time) Buy
Price Targets & DCF
Current price
21.99
DCF (Unlevered) 67.79 +208.3%
DCF (Levered) 36.29 +65.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 2 -1
Hold 6 -1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.50
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Renewable Utilities: +1.3%
    +3.8% Q1'26: +19.0% (vs Q1'25)
  • EPS growth Renewable Utilities: +6.7%
    -160.2% Q1'26: +32.0% (vs Q1'25)
  • FCF margin FCF growth · Renewable Utilities: +50.4%
    +45.2% Q1'26: +60.1% (vs Q1'25)
  • EBIT margin Renewable Utilities: +22.3%
    +32.3% Q1'26: +45.6% (vs Q1'25)
  • ROIC Renewable Utilities: +3.5%
    +7.2% Q1'26: +9.1% (vs Q1'25)
  • Share dilution Renewable Utilities: +0.0%
    +1.6% Q1'26: +0.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Renewable Utilities: 3.24×
    4.75× Q1'26: 3.27× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.60) × ERP
WACC = 46% × Ke + 54% × Kd (4.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 67.25 Current price: 21.99
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
5 Rev. Ana.
4 EPS Ana.
Dec 2027
8 Rev. Ana.
6 EPS Ana.
Dec 2028
3 Rev. Ana.
4 EPS Ana.
Dec 2029
2 Rev. Ana.
2 EPS Ana.
Dec 2030
1 Rev. Ana.
2 EPS Ana.
Revenue
356.22M
est: 373.37M (-4.6%)
361.68M
est: 371.97M (-2.8%)
557.24M
est: 535.69M (+4.0%)
760.07M
est: 747.30M (+1.7%)
728.14M
est: 733.00M (-0.7%)
1.10B
est: 1.00B (+9.7%)
1.38B
est: 1.33B (+3.7%)
1.56B
est: 1.56B (-0.3%)
1.66B
est: 1.66B (+0.1%)
2.06B
est: 2.05B (+0.3%)
2.09B
est: 2.00B (+4.8%)
2.45B
est: 2.42B (+1.1%)
2.24B
est: 2.42B (-7.4%)
2.35B
est: 2.37B (-0.9%)
2.43B
est: 2.37B (+2.7%)
2.61B
2.58B – 2.65B
+10.0% YoY
2.61B
2.29B – 3.64B
+0.0% YoY
2.60B
2.60B – 2.60B
-0.2% YoY
2.48B
2.32B – 3.00B
-4.6% YoY
2.58B
2.41B – 3.12B
+4.0% YoY
EBITDA
13.51M
est: -88.39M (+115.3%)
161.04M
est: -225.44M (+171.4%)
257.85M
est: 8.78M (+2,835.1%)
350.20M
est: 497.74M (-29.6%)
384.16M
est: -433.14M (+188.7%)
728.15M
est: -118.05M (+716.8%)
983.88M
est: 193.81M (+407.7%)
1.14B
est: 352.11M (+223.5%)
1.24B
est: 604.20M (+104.6%)
1.42B
est: 888.97M (+59.3%)
1.41B
est: 922.21M (+52.5%)
1.65B
est: 933.46M (+77.1%)
1.38B
est: 1.57B (-11.8%)
1.53B
est: 1.54B (-1.0%)
1.51B
est: 1.53B (-1.4%)
1.69B
1.67B – 1.71B
+10.0% YoY
1.69B
1.48B – 2.35B
+0.0% YoY
1.68B
1.68B – 1.68B
-0.2% YoY
1.61B
1.50B – 1.94B
-4.6% YoY
1.67B
1.56B – 2.02B
+4.0% YoY
EBIT
-63.56M
est: 91.31M (-169.6%)
78.91M
est: 68.81M (+14.7%)
147.58M
est: 108.44M (+36.1%)
209.41M
est: 222.65M (-5.9%)
238.93M
est: 188.12M (+27.0%)
479.62M
est: 320.56M (+49.6%)
610.00M
est: 625.27M (-2.4%)
700.59M
est: 730.53M (-4.1%)
775.29M
est: 762.45M (+1.7%)
849.02M
est: 873.15M (-2.8%)
778.15M
est: 905.81M (-14.1%)
1.04B
est: 916.85M (+13.5%)
741.16M
est: 879.67M (-15.7%)
857.38M
est: 864.68M (-0.8%)
785.52M
est: 860.31M (-8.7%)
946.04M
937.08M – 960.26M
+10.0% YoY
946.46M
831.16M – 1.32B
+0.0% YoY
944.74M
944.74M – 944.74M
-0.2% YoY
900.94M
841.02M – 1.09B
-4.6% YoY
937.24M
874.90M – 1.13B
+4.0% YoY
Net Income
-63.11M
est: 1.70M (-3,807.6%)
-9.91M
est: -62.89M (+84.2%)
151.13M
est: -14.26M (+1,160.0%)
-106.57M
est: 210.79M (-150.6%)
1.14M
est: -106.15M (+101.1%)
121.46M
est: 1.56M (+7,679.3%)
161.12M
est: 160.88M (+0.1%)
278.13M
est: 188.82M (+47.3%)
320.76M
est: 297.12M (+8.0%)
381.08M
est: 405.28M (-6.0%)
189.56M
est: 420.43M (-54.9%)
827.73M
est: 426.03M (+94.3%)
-175.19M
est: 66.05M (-365.2%)
271.83M
est: 269.90M (+0.7%)
-163.25M
est: -330.84M (+50.7%)
361.00M
333.05M – 388.94M
+209.1% YoY
387.21M
311.53M – 797.14M
+7.3% YoY
439.00M
287.43M – 491.25M
+13.4% YoY
538.28M
491.73M – 683.81M
+22.6% YoY
577.48M
527.54M – 733.60M
+7.3% YoY
SGA
55.52M
est: 59.82M (-7.2%)
27.45M
est: 53.86M (-49.0%)
33.13M
est: 97.79M (-66.1%)
41.30M
est: 135.88M (-69.6%)
41.84M
est: 119.49M (-65.0%)
65.28M
est: 162.87M (-59.9%)
85.97M
est: 237.13M (-63.7%)
80.21M
est: 300.70M (-73.3%)
89.58M
est: 327.42M (-72.6%)
68.29M
est: 385.37M (-82.3%)
67.68M
est: 399.78M (-83.1%)
83.96M
est: 404.66M (-79.3%)
115.17M
est: 116.88M (-1.5%)
113.10M
est: 422.58M (-73.2%)
182.61M
est: 114.31M (+59.8%)
125.70M
124.51M – 127.59M
+10.0% YoY
125.75M
110.43M – 175.43M
+0.0% YoY
125.53M
125.53M – 125.53M
-0.2% YoY
119.71M
111.74M – 144.60M
-4.6% YoY
124.53M
116.25M – 150.43M
+4.0% YoY
EPS
-0.54
est: -0.27 (-98.0%)
-0.08
est: 0.01 (-1,201.0%)
1.08
est: 1.19 (-9.4%)
-0.73
est: -0.33 (-121.3%)
-0.07
est: 0.01 (-1,500.0%)
0.64
est: 0.22 (+196.3%)
0.85
est: 0.99 (-14.0%)
1.52
est: 1.65 (-8.1%)
2.51
est: 1.93 (+30.3%)
1.86
est: 2.06 (-9.7%)
1.23
est: 0.77 (+59.4%)
3.46
est: 2.75 (+25.7%)
-0.72
est: 0.26 (-377.9%)
1.03
est: 0.95 (+8.9%)
-0.62
est: -1.16 (+46.5%)
1.37
1.27 – 1.49
+217.9% YoY
1.73
1.19 – 3.05
+26.7% YoY
1.49
1.10 – 1.88
-14.3% YoY
2.06
1.88 – 2.62
+38.7% YoY
2.21
2.02 – 2.81
+7.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-11 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-08 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-07 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-06 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-05 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-04 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-01 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-30 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-29 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-28 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-27 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-23 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-22 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-21 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-15 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.30B
OE per share TTM
4.98
Owner's Yield
21.52%
Maintenance CapEx ratio
211.03%
Maint CapEx / Avg PPE
405.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
1
Total invested
167.5K
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2025 Q3
Investors holding
1
+1 vs prev Q
New positions
1
Closed positions
0
Increased
1
Reduced
0
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 CARDINAL CAPITAL MANAGEMENT, INC. -10.0K (-100.0%) -167.5K (-100.0%) 0.00% -0.004 pp 0.00% -0.005 pp CAD 2 qtrs SOLD
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
683.1K
Shares Outstanding
261.50M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Christine Healy President, Chief Executive Officer & Director 4M female
Toby Edmonds Executive Vice President of International 966.1K male
Tobias Charles Edmonds Executive Vice President of International 966.1K male
Jeffrey Ryan Hart Chief Financial Officer 799.3K male
Adam Beaumont Senior Vice President of Capital Markets 735.3K male
Pierre-Emmanuel Frot Executive Vice President of Safety, Projects & Development 711.1K male
Rachel Stephenson Chief People Officer 663.8K female
Nigel Slater Managing Director of Development for Europe male
Calvin MacCormack Executive Vice President of Americas male
Iain Clark Vice President of Corporate Finance & Treasurer
Alison Holditch Head of Investor Relations
Jaime Hurtado Cola Chief Legal Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits