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Brookfield Asset Management Ltd.

BAM NYSE Categories PDF
Financial Services · Asset Management
Toronto, ON M5J 2T3, Canada IPO 2022 brookfield.com Updated Jun 26, 12:01pm
Price
$45.16
Market Cap
$72.1B
Employees
2,500
Beta
1.25
Avg Volume
3,330,391
CEO
Connor David Teskey
Business Description

Brookfield Asset Management operates as a prominent alternative asset manager and real estate investment trust (REIT), specializing in real estate, renewable energy, infrastructure, venture capital, and private equity assets. The firm provides a comprehensive range of public and private investment products and services to institutional and retail clients globally. Its strategy involves deploying capital into significant, premier assets across diverse geographies and asset classes, often co-investing its own capital alongside that of other investors. In its private equity and venture capital operations, the firm engages in a wide array of activities. These include early-stage ventures, outright acquisitions, control buyouts, corporate carve-outs, and the restructuring of financially distressed or underperforming mid-market companies. Its involvement further extends to recapitalizations, strategic redirections, and various forms of financing such as convertible, senior, and mezzanine debt, as well as operational and capital structure overhauls. Beyond private markets, Brookfield also actively participates in public debt and equity exchanges. Private equity investments are concentrated in specific sectors: Business Services (encompassing infrastructure, healthcare, road fuel distribution, construction, and real estate), Industrials (including manufacturers of automotive batteries, graphite electrodes, returnable plastic packaging, and sanitation management), and Residential/infrastructure services. The firm specifically targets companies underpinned by substantial real assets, primarily across industrial products, building materials, metals, mining, homebuilding, oil and gas, paper and packaging, general manufacturing, and forest product sectors. Geographically, Brookfield maintains a significant investment presence worldwide, concentrating on North America (including Canada, the United States, and Brazil), Europe, Australia, and the broader Asia-Pacific region. Equity investments typically range from $2 million to $500 million. The firm employs a four-year investment period, structured within a ten-year term that allows for two optional one-year extensions. Brookfield is flexible in its ownership approach, readily taking both minority and majority equity stakes. Established in 1997 and headquartered in Toronto, Canada, Brookfield Asset Management boasts a global network of additional offices across North America, South America, Europe, the Middle East, and Asia.

Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 21, 2026 6:47pm (5d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
29.32
Stock Price: $45.16
EPS (Diluted): 1.54
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
6.91
Stock Price: $45.16
Total Equity: $8.90B
Shares: 1,646,256,685
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
19.65
Market Cap: $72.11B
Total Debt: $3.65B
Cash: $1.58B
EBITDA: $3.24B
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$63.6B
Market Cap: $72.11B
Total Debt: $3.65B
Cash: $1.58B
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
70.2%
Gross Profit: $3.24B
Revenue: $4.61B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
65.8%
Operating Income: $3.03B
Revenue: $4.61B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
53.9%
Net Income: $2.49B
Revenue: $4.61B
ROE (Profit from shareholder equity)
CALC
Net Income / Total Equity
27.9%
Net Income: $2.49B
Total Equity: $8.90B
ROIC (Profit from all invested capital)
CALC
NOPAT / Invested Capital
22.7%
Operating Income: $3.03B
Tax Rate: 18.0%
Equity: $8.90B
Total Debt: $3.65B
Cash: $1.58B
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
4.20
Current Assets: $4.96B
Current Liabilities: $1.18B
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.41
Short-Term Debt: $1.18B
Long-Term Debt: $2.47B
Total Debt: $3.65B
Total Equity: $8.90B
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$2.80
Revenue: $4.61B
Shares: 1,646,256,685
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$5.40
Total Equity: $8.90B
Shares: 1,646,256,685
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$1.28
Operating CF: $2.10B
CapEx: $0.00
Shares: 1,646,256,685
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
4.6%
Last Dividend: N/A
Stock Price: $45.16
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $2.49B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares BAM against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:47pm (5d ago)
Metric 2021 2022 2023 2024 2025
Revenue $2.8B $3.6B $4.1B $4.0B $4.6B
Cost of Revenue $703.0M $700.0M $1.0B $1.2B $1.4B
Gross Profit $2.1B $2.9B $3.0B $2.8B $3.2B
Operating Expenses $18.0M $81.0M $56.0M $64.0M $201.0M
Operating Income $2.1B $2.8B $3.0B $2.8B $3.0B
Net Income $1.9B $1.9B $1.8B $2.2B $2.5B
EBITDA $3.7B $2.6B $2.6B $2.4B $3.2B
EPS $4.64 $4.83 $1.12 $1.33 $1.54
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:47pm (5d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $2.5B $1.0M $9.0M $12.0M $1.6B
Total Current Assets $9.3B $783.0M $895.0M $980.0M $5.0B
Total Assets $25.7B $3.2B $3.2B $4.4B $17.2B
Current Liabilities $6.6B $784.0M $1.1B $1.1B $1.2B
Long-Term Debt $4.1B $0 $0 $0 $2.5B
Total Liabilities $11.4B $784.0M $1.1B $1.1B $6.9B
Total Equity $9.8B $2.4B $2.1B $3.2B $8.9B
Retained Earnings $0 $19.0M -$35.0M -$143.0M $0
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:47pm (5d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $1.4B -$374.0M $1.4B $1.6B $2.1B
Capital Expenditure -$35.0M -$13.0M $0 $0 $0
Free Cash Flow $1.4B -$387.0M $1.4B $1.6B $2.1B
Acquisitions (net) -$23.0M -$279.0M $0 $0 $58.0M
Debt Repayment
Dividends Paid
Stock Buybacks -$1.4B $0 $0 $0 -$412.0M
Net Change in Cash $393.0M $1.1B -$878.0M -$2.3B $1.2B
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 12:01pm (20h ago)
Metric 2026 2027 2028 2029
Revenue $5.9B
$5.7B – $6.1B
$6.9B
$6.6B – $7.1B
$7.9B
$7.9B – $7.9B
$5.1B
$4.9B – $5.2B
EBITDA $4.3B
$4.2B – $4.5B
$5.1B
$4.8B – $5.2B
$5.8B
$5.8B – $5.8B
$3.7B
$3.6B – $3.9B
Net Income $2.9B
$2.8B – $3.0B
$3.5B
$3.3B – $3.7B
$4.2B
$3.7B – $4.4B
$4.4B
$4.1B – $4.6B
EPS
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:47pm (5d ago)
Metric 2022 2023 2024 2025
Revenue Growth +30.1% +12.0% -2.0% +15.8%
Gross Profit Growth +40.4% +3.0% -6.2% +14.5%
Operating Income Growth +37.7% +3.9% -6.6% +9.8%
Net Income Growth +2.5% -4.0% +17.9% +14.6%
EBITDA Growth -29.9% +0.3% -7.6% +33.2%
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:47pm (5d ago)
Date Dividend Declaration Record Payment
2026-05-29 $0.50 2026-05-08 2026-05-29 2026-06-30
2026-02-27 $0.50 2026-02-04 2026-02-27 2026-03-31
2025-11-28 $0.44 2025-11-07 2025-11-28 2025-12-31
2025-08-29 $0.44 2025-08-06 2025-08-29 2025-09-29
2025-05-30 $0.44 2025-05-06 2025-05-30 2025-06-30
2025-02-28 $0.44 2025-02-12 2025-02-28 2025-03-31
2024-11-29 $0.38 2024-11-04 2024-11-29 2024-12-31
2024-08-30 $0.38 2024-08-07 2024-08-30 2024-09-27
2024-05-31 $0.38 2024-05-08 2024-05-31 2024-06-28
2024-02-28 $0.38 2024-02-07 2024-02-29 2024-03-28
2023-11-29 $0.32 2023-11-06 2023-11-30 2023-12-29
2023-08-30 $0.32 2023-08-09 2023-08-31 2023-09-29
2023-05-30 $0.32 2023-05-10 2023-05-31 2023-06-30
2023-02-27 $0.32 2023-02-08 2023-02-28 2023-03-31
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for BAM — it's generated by the pipeline (market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30