Ballard Power Systems Inc.

Ballard Power Systems Inc.verified

BLDP

Price:

$4.22

Market Cap:

$1.27B

Ballard Power Systems Inc. specializes in the full lifecycle of proton exchange membrane (PEM) fuel cell technology, encompassing research, production, sales, and ongoing support. Their fuel cell offerings cater to various power applications, including heavy-duty transportation sectors like buses, trucks, trains, and marine vessels, as well as solutions for material handling equipment and critical backup power systems. Beyond products, Ballard extends its expertise through technology solutions, providing engineering services, technology transfer, and licensing its extensive intellectual property and core knowledge for diverse PEM fuel cell uses. They also deliver integrated hydrogen fuel cel...[Read more]

Industry

Industrial - Machinery

IPO Date

1995-11-08

Stock Exchange

NASDAQ

Ticker

BLDP

The Current Ratio as of June 2026 (TTM) for Ballard Power Systems Inc. (BLDP) is 10.70

According to Ballard Power Systems Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 10.70. This represents a change of 12.05% compared to the average of 9.55 of the last 4 quarters.

Ballard Power Systems Inc. (BLDP) Historical Current Ratio (quarterly & annually)

How has BLDP Current Ratio performed in the past?

The mean historical Current Ratio of Ballard Power Systems Inc. over the last ten years is 9.07. The current 10.70 Current Ratio has changed 11.69% with respect to the historical average. Over the past ten years (40 quarters), BLDP's Current Ratio was at its highest in in the March 2021 quarter at 26.03. The Current Ratio was at its lowest in in the June 2016 quarter at 2.22.

Quarterly (TTM)
Annual

Average

9.07

Median

9.55

Minimum

2.50

Maximum

16.40

Ballard Power Systems Inc. (BLDP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ballard Power Systems Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 360.99%

Maximum Annual Current Ratio = 16.40

Minimum Annual Increase = -35.12%

Minimum Annual Current Ratio = 2.50

Quarterly (TTM)
Annual
YearCurrent RatioChange
20259.866.64%
20249.25-24.53%
202312.25-12.85%
202214.06-4.90%
202114.78-9.87%
202016.40360.99%
20193.56-35.12%
20185.48110.27%
20172.614.17%
20162.50-13.71%

Ballard Power Systems Inc. (BLDP) Average Current Ratio

How has BLDP Current Ratio performed in the past?

The current Current Ratio of Ballard Power Systems Inc. (BLDP) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

10.45

5-year avg

12.04

10-year avg

9.07

Ballard Power Systems Inc. (BLDP) Current Ratio vs. Peers

How is BLDP’s Current Ratio compared to its peers?

Ballard Power Systems Inc.’s Current Ratio is greater than Redwire Corporation (1.75), greater than Thermon Group Holdings, Inc. (2.69), greater than Allegiant Travel Company (0.91), greater than Astec Industries, Inc. (2.34), greater than The Gorman-Rupp Company (2.93), greater than Global Industrial Company (2.28), greater than Enviri Corporation (1.54), greater than Wheels Up Experience Inc. (0.19), greater than Global Ship Lease, Inc. (2.26), greater than Limbach Holdings, Inc. (1.71),

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