Ballard Power Company Insiders

BLDP Stock  USD 2.41  -0.07  -2.82%   
Ballard Power employs about 887 people. The company is managed by 19 executives with a total tenure of roughly 26 years, averaging almost 1.0 years of service per executive, having 46.68 employees per reported executive. For Ballard Power Systems, management analysis can help investors test whether leadership decisions are reinforcing the broader investment thesis or creating new operating risk. That matters because management quality often influences how well a company responds when business conditions become less favorable.
Randall MacEwen  CEO
CEO and President and Director

latest congressional trading

Congressional trading tied to Ballard Power Systems draws attention because lawmakers and their families are required to disclose transactions that could create perceived conflicts of interest. Current market capitalization is about 725.2 Million. These disclosures do not automatically imply an edge, but they do create a public record that investors can monitor.
2021-08-13Representative Austin ScottAcquired under $15,000Verify
2021-05-18Representative Austin ScottAcquired under $15,000Verify

Management Team Effectiveness

The company has return on total asset (ROA) of -6.9 % meaning that it lost $6.9 for every $100 held in assets. This is far below the typical range for the industry. Similarly, it shows a return on stockholder's equity (ROE) of -14.4 %, meaning that it generated a substantial loss on money invested by shareholders.
As of 03/21/2026, Common Stock Shares Outstanding is forecasted to advance to approximately 318.1 M this year, although Net Loss is expected to rise to slightly above -148.3 M.

Stock Institutional Investors

Institutions hold about 32.18% of shares while insiders own roughly 15.48%. Annual revenue is about 101.14 Million. How the institutional base reacts to earnings changes can move Ballard Power Systems in the short term. Shares outstanding are near 300.9 M. The insider stake is large enough to signal management alignment, which can steady the price during sell-offs.
Shares
Mirae Asset Global Etfs Holdings Ltd.2025-12-31
2.8 M
Royal Bank Of Canada2025-09-30
2.7 M
Millennium Management Llc2025-12-31
2.4 M
Jane Street Group Llc2025-12-31
2.3 M
Van Eck Associates Corporation2025-12-31
2.3 M
Great West Life Assurance Co2025-12-31
1.8 M
Dimensional Fund Advisors, Inc.2025-12-31
1.5 M
Jpmorgan Chase & Co2025-09-30
1.4 M
Zurcher Kantonalbank2025-12-31
1.2 M
Two Sigma Investments Llc2025-12-31
6.8 M
Legal & General Group Plc2025-12-31
6.4 M
At 725.2 Million market cap, Ballard Power Systems smaller-cap scale means institutional moves shape liquidity but do not guarantee above-market returns. Annual revenue is about 101.14 Million. The Ballard Power Systems smaller-cap ownership profile should be weighed against balance-sheet strength and earnings trends before drawing conclusions.

Outstanding Bonds

Ballard Power Systems may use bonds as part of its capital structure to fund operations, refinance liabilities, or support acquisitions and other long-duration investments. Used together with earnings and cash-flow analysis, the bond stack can reveal whether leverage is a manageable tool or a developing constraint.
About 30% of Ballard Power outstanding shares are owned by institutions. Institutional investors - such as mutual funds, pension funds, and asset managers - typically hold positions as part of a broader portfolio strategy, managing assets on behalf of clients. As a result, institutional investors are subject to reporting requirements and oversight rules - such as 13F filings - that differ from those for individual retail investors. Changes in institutional ownership of Ballard Power can sometimes signal a shift in professional sentiment toward the company. The ownership breakdown for Ballard Power shows approximately 32% institutional, 15% insider, and 52% public.
 
Shares in Circulation  
 First Issued
1994-03-31
 Previous Quarter
300.5 M
 Current Value
291.5 M
 Average Shares Outstanding
140.2 M
 Quarterly Volatility
84.5 M
Macro event markers
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Holders Distribution

A large institutional presence around Ballard Power Systems deserves attention because well-resourced investors can establish or unwind positions quickly enough to change the market character of the security. Used correctly, the ownership map shows where professional sponsorship may be strong and where exit risk could still be significant.

Market Cap and Value

Workforce Comparison

Ballard Power Systems is rated below average for number of employees against industry peers. The total workforce of Industrials industry is currently estimated at about 32,658. Ballard Power holds roughly 887 in number of employees claiming about 2.72% of equities under Industrials sector.
The company has Profit Margin (PM) of -91.0 %, which may reflect aggressive discounting or an elevated cost structure. This is far below the typical range for the industry. Similarly, it shows Operating Margin (OM) of -1.04 %, which suggests a structural operating shortfall of $1.04 per $100 of revenue.

Benchmark Summation

Notable Stakeholders

Stakeholders matter for Ballard Power because not every influential participant is a shareholder acting with the same objective or time horizon. The stronger interpretation comes from connecting stakeholder presence with management behavior, governance patterns, and changes in the operating story.
LLB BAPresident CEOProfile
Randall MacEwenCEO and President and DirectorProfile
Marty JDPresident CEOProfile
Jesper ThemsenPresident EuropeProfile
Kate IgbalodeSenior CFOProfile
Paul DobsonSenior CFOProfile
Mark BiznekSenior COOProfile
Kevin ColbowSenior CTOProfile
Sumit KunduDirector RelationsProfile
Kerry HillierCorporate SecretaryProfile
Lee SweetlandSenior OfficerProfile
Mircea GraduSenior OfficerProfile
Sarbjot SidhuSenior OfficerProfile
Alfred WongManaging PacificProfile
Kate CharltonVP RelationsProfile
Nicolas PocardVice PartnershipsProfile
Oben UlucVice MarketingProfile
David MucciacciaroSenior OfficerProfile
Jay CPAActing ControllerProfile

Management Information & Data Sources

Ballard Power is a small-cap company in Electrical Components & Equipment, Electrical Equipment & Parts, Industrials. Executive review focuses on insiders, senior management, and employee signals. Leadership stability matters when evaluating execution against stated business priorities. CEO is LLB BA with 887 employees and 19 reported executives.

For Ballard Power Systems, this section uses periodic company reporting and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Sell-side coverage, where present, supplements the data shown. Intraday timing differences may exist. Insider and management fields are mapped from published filings and company disclosures.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board
Last reviewed on February 26th, 2026

Workforce Efficiency and Productivity

Investors reviewing Ballard Power Systems can use workforce efficiency as another lens on execution, especially when comparing similar businesses in the same industry. A disciplined workforce review can reveal whether execution quality is improving beneath the top-line numbers.

Ballard Power Manpower Efficiency

Return on Ballard Power Manpower

Revenue Per Employee114K
Revenue Per Executive5.3M
Net Loss Per Employee104.3K
Net Loss Per Executive4.9M
Working Capital Per Employee609.3K
Working Capital Per Executive28.4M

Additional Tools for Ballard Stock Analysis

Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Global Correlations
Find global opportunities by holding instruments from different markets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fundamental Analysis
View fundamental data based on most recent published financial statements
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories