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Brookfield Asset Management Ltd.

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Brookfield Asset Management Ltd. • NYSE
$52.73 ▲ 1.27% (+0.66)
Market Cap $85.03 B
52w High $64.10
52w Low $41.78
Dividend Yield 1.75%
P/E 34.02
Volume 1.42M
Outstanding Shares 1.61B

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.238B ▲ $33M ▲ $715.974M ▲ 57.827% ▲ $-0.64 ▼ $758.497M ▲
Q2-2025 $1.09B ▲ $18M ▲ $620M ▲ 56.881% ▲ $0.38 ▲ $597M ▼
Q1-2025 $1.081B ▲ $6M ▼ $581M ▼ 53.747% ▼ $0.36 ▼ $741M ▲
Q4-2024 $1.063B ▼ $22M ▲ $688M ▲ 64.722% ▲ $0.43 ▲ $659M ▼
Q3-2024 $1.117B $20M $544M 48.702% $0.31 $691M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.062B ▲ $16.521B ▲ $5.847B ▲ $8.461B ▼
Q2-2025 $480M ▲ $16.143B ▲ $5.113B ▲ $8.47B ▼
Q1-2025 $332M ▲ $14.966B ▲ $4.073B ▲ $8.489B ▲
Q4-2024 $12M ▼ $4.386B ▲ $1.108B ▲ $3.247B ▲
Q3-2024 $16M $4.324B $1.076B $3.217B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $584M ▲ $529M ▲ $-490M ▼ $108M ▲ $148M ▲ $529M ▲
Q1-2025 $581M ▼ $265M ▼ $84M ▲ $-422M ▲ $-72M ▲ $263M ▼
Q4-2024 $688M ▲ $387M ▼ $-214M ▲ $-659M ▼ $-499M ▲ $384M ▼
Q3-2024 $544M ▲ $567M ▲ $-1.323B ▼ $-277M ▲ $-1.028B ▼ $565M ▲
Q2-2024 $495M $393M $-452M $-603M $-663M $269M

Five-Year Company Overview

Income Statement

Income Statement Brookfield Asset Management shows a fairly steady climb in revenue and profits over the last several years, especially after the disruption of 2020. Margins look strong for an asset manager, which suggests the fee-based model is working well and scale is helping profitability. Net income has generally trended upward, with only modest year‑to‑year bumps rather than sharp swings. The per‑share figures are noisy because of corporate restructuring and the relatively recent listing, so the underlying trend in earnings is more informative than any single year’s reported earnings per share. Overall, the income statement points to a growing, high‑margin, fee‑driven business with good operating leverage, but with some accounting noise around the spin‑off period that makes longer‑term comparisons less clean.

Balance Sheet

Balance Sheet The balance sheet today looks lean and “asset‑light” compared with the earlier years in the data, reflecting the shift to a pure asset‑management model rather than owning a large pool of operating assets directly. Debt appears modest relative to the equity base, which lowers financial risk for the manager itself, even though the funds it oversees may use leverage at the asset level. Cash on hand is not especially large, but that is typical for a fee‑based manager that is not funding big capital projects on its own balance sheet. The sharp step‑down in total assets and equity between the pre‑IPO years and the recent period is mostly structural, tied to the corporate reorganization, so trend analysis across that break should be treated with caution.

Cash Flow

Cash Flow Cash flow is a clear strength. Operating cash generation is consistently healthy in recent years, and the business requires very little spending on physical assets, so most operating cash turns into free cash flow. The one weak year in the past five appears to be more of a one‑off tied to restructuring and timing rather than a recurring problem. This combination of strong, recurring cash inflows and low capital needs is typical of scalable asset managers and gives Brookfield flexibility for dividends, buybacks, or seeding new strategies, depending on management’s priorities and market conditions.

Competitive Edge

Competitive Edge Brookfield sits among the leading global alternative asset managers, with a particular edge in real assets such as infrastructure, renewable power, and real estate. Its long history as an owner‑operator, rather than a purely financial sponsor, is a key differentiator: it can bring operating expertise to improve assets, not just capital. The firm’s size, global reach, and diversification across strategies and regions deepen its moat and help it weather different market cycles. At the same time, the focus on long‑duration, often capital‑intensive real assets exposes it to interest‑rate cycles, regulatory changes, and political risk in multiple countries. In addition, competition for institutional capital in alternatives is intense, so maintaining performance and fundraising momentum remains a constant challenge.

Innovation and R&D

Innovation and R&D Brookfield’s “R&D” is strategic and commercial rather than laboratory based. The push into AI infrastructure, through a dedicated AI infrastructure fund and the Radiant cloud partnership with NVIDIA, shows an effort to be early in building and owning the physical backbone of the AI economy—data centers, power, and related assets. Its leadership in renewable power and transition funds positions it at the center of decarbonization themes, while investments in property technology and data analytics aim to squeeze more value from its existing asset base. The move to broaden access for wealth and retail clients via new product structures could open new pools of capital but also brings regulatory complexity and reputational risk if products underperform. Across these areas, the opportunity is to turn structural themes—AI, energy transition, and digitization—into durable fee streams, but execution risk is high because these are large, complex, and increasingly crowded markets.

Summary

Overall, Brookfield Asset Management presents as a scalable, capital‑light, fee‑driven business built on a deep, global platform in real assets. The income statement and cash flows indicate a profitable, growing franchise with strong margins and solid cash generation, albeit with some accounting noise from corporate restructuring. The balance sheet is relatively conservative for an asset manager, with limited leverage at the corporate level, reflecting its role as a manager rather than an asset owner. Competitively, Brookfield benefits from scale, operating expertise, and diversification, while facing the usual risks of an alternative manager: performance, fundraising, regulatory and political exposure, and sensitivity to financial conditions. Its innovation agenda—particularly in AI infrastructure, energy transition, and data‑driven asset management—could be a meaningful driver of long‑term growth if executed well, but these initiatives also introduce new technological and partnership risks that need to be monitored over time.

NEWS

November 26, 2025 · 6:45 AM UTC

Brookfield to Present at the Goldman Sachs U.S. Financial Services Conference

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November 19, 2025 · 7:00 AM UTC

Brookfield Launches $100 Billion AI Infrastructure Program

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November 17, 2025 · 6:28 PM UTC

Under the Patronage of the Minister of Municipal and Rural Affairs and Housing: Agreement to Establish an Advanced Mortgage Finance Platform

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November 13, 2025 · 5:00 PM UTC

Brookfield Asset Management Announces Pricing of $600 Million Notes Due 2030 and $400 Million Notes Due 2036

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November 7, 2025 · 6:45 AM UTC

Brookfield Asset Management Announces Record Third Quarter Results

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