Ballard Power Systems Overview

  • Year Founded
  • 1979

Year Founded

  • Status
  • Public

  • Employees
  • 887

Employees

  • Stock Symbol
  • BLDP

Stock Symbol

  • Investments
  • 17

  • Share Price
  • $1.33
  • (As of Thursday Closing)

Ballard Power Systems General Information

Description

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.

Contact Information

Website
www.ballard.com
Formerly Known As
7076991 Canada Inc.
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 9000 Glenlyon Parkway
  • Burnaby, British Columbia V5J 5J8
  • Canada
+1 (604)
Primary Industry
Electrical Equipment
Stock Exchange
TSE
Corporate Office
  • 9000 Glenlyon Parkway
  • Burnaby, British Columbia V5J 5J8
  • Canada
+1 (604)

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Ballard Power Systems Stock Performance

As of 20-Mar-2025, Ballard Power Systems’s stock price is $1.33. Its current market cap is $398M with 300M shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.33 $1.35 $1.08 - $3.37 $398M 300M 940K -$1.08

Ballard Power Systems Financials Summary

As of 31-Dec-2024, Ballard Power Systems has a trailing 12-month revenue of $69.7M.

In Thousands,
USD
TTM 31-Dec-2024 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV (111,086) (111,086) 343,755 484,358
Revenue 69,731 69,731 102,368 81,860
EBITDA (309,290) (309,290) (129,420) (145,291)
Net Income (324,245) (324,245) (177,716) (173,494)
Total Assets 777,307 777,307 1,077,542 1,247,077
Total Debt 23,894 23,894 17,898 15,731
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Ballard Power Systems Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Ballard Power Systems Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane (
Electrical Equipment
Burnaby, Canada
887 As of 2024

Loughborough, United Kingdom
 

Newark, NY
 
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Ballard Power Systems Competitors (4)

One of Ballard Power Systems’s 4 competitors is Intelligent Energy, a Private Equity-Backed company based in Loughborough, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Intelligent Energy Private Equity-Backed Loughborough, United Kingdom
Ultralife Corporation Newark, NY
Nuvera Fuel Cells Corporate Backed or Acquired Billerica, MA
Westport Fuel Systems Corporation Vancouver, Canada
To view Ballard Power Systems’s complete competitors history, request access »

Ballard Power Systems Patents

Ballard Power Systems Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230327148-A1 A reinforced sealed fuel cell assembly Pending 11-Apr-2022
EP-4211736-A1 Fuel cell system Pending 10-Sep-2020
EP-3878040-A1 Method and system for operating an electrochemical fuel cell stack with improved performance recovery Active 07-Nov-2018
CA-3118294-A1 Method and system for operating an electrochemical fuel cell stack with improved performance recovery Pending 07-Nov-2018
US-20220077480-A1 Method and system for operating an electrochemical fuel cell stack with improved performance recovery Active 07-Nov-2018 H01M8/04753
To view Ballard Power Systems’s complete patent history, request access »

Ballard Power Systems Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Ballard Power Systems Investments & Acquisitions (17)

Ballard Power Systems’s most recent deal was a Early Stage VC with Quantron (Automotive) for . The deal was made on 14-Sep-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Quantron (Automotive) 14-Sep-2022 Early Stage VC Automotive
Wisdom Motor 05-Jun-2022 Early Stage VC Road
Ballard Motive Solutions 11-Nov-2021 Merger/Acquisition Alternative Energy Equipment
Fuel Cell Solutions (Ballard Power Systems / Linamar) 03-May-2021 Joint Venture Electrical Equipment
Weichai Ballard Hy-Energy Technologies 26-Nov-2018 Joint Venture Electrical Equipment
You’re viewing 5 of 17 investments and acquisitions. Get the full list »

Ballard Power Systems ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

18.71 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 14,946

Rank

Percentile

Electrical Equipment

Industry

of 300

Rank

Percentile

Electrical Equipment

Subindustry

of 300

Rank

Percentile

To view Ballard Power Systems’s complete esg history, request access »

Ballard Power Systems Exits (4)

Ballard Power Systems’s most recent exit was on 14-Sep-2022 from Quantron (Automotive). The exit was categorized as with 3 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Quantron (Automotive) 14-Sep-2022 Completed
  • 3 buyers
Protonex Technology 01-Oct-2015 Completed
H2 PowerTech 01-Aug-2012 Completed
AvCarb 01-Jan-2006 Merger/Acquisition Completed
To view Ballard Power Systems’s complete exits history, request access »

Ballard Power Systems FAQs

  • When was Ballard Power Systems founded?

    Ballard Power Systems was founded in 1979.

  • Where is Ballard Power Systems headquartered?

    Ballard Power Systems is headquartered in Burnaby, Canada.

  • What is the size of Ballard Power Systems?

    Ballard Power Systems has 887 total employees.

  • What industry is Ballard Power Systems in?

    Ballard Power Systems’s primary industry is Electrical Equipment.

  • Is Ballard Power Systems a private or public company?

    Ballard Power Systems is a Public company.

  • What is Ballard Power Systems’s stock symbol?

    The ticker symbol for Ballard Power Systems is BLDP.

  • What is the current stock price of Ballard Power Systems?

    As of 20-Mar-2025 the stock price of Ballard Power Systems is $1.33.

  • What is the current market cap of Ballard Power Systems?

    The current market capitalization of Ballard Power Systems is $398M.

  • What is Ballard Power Systems’s current revenue?

    The trailing twelve month revenue for Ballard Power Systems is $69.7M.

  • Who are Ballard Power Systems’s competitors?

    Intelligent Energy, Ultralife, Nuvera Fuel Cells, and Westport Fuel Systems are competitors of Ballard Power Systems.

  • What is Ballard Power Systems’s annual earnings per share (EPS)?

    Ballard Power Systems’s EPS for 12 months was -$1.08.

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