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Brookfield Asset Management BAM

US equityMarket cap rank #235
$44.35
−$0.92 (-2.02%)
Market open · Sep 24, 2:00 pm ET
After hours $45.26 0.00%
Open$44.98
Prev close$45.26
Day range$44.02 – $45.35
Volume1.24M
Market cap$70.83B
P/E (TTM)25.8
Dividend yield4.24%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$1.20B+4.1% YoY
Operating profit$1.21B+105.6% YoY
Net profit$1.17B+100.7% YoY
Diluted EPS$0.56+47.4% YoY
Free cash flow$545.00M+3.0% YoY
Operating cash flow$545.00M

Revenue, last 8 quarters

$1.1BSep '24$1.0BDec '24$1.1BMar '25$1.2BJun '25$1.1BSep '25$1.2BDec '25$1.2BMar '26$1.2BJun '26

Net profit, last 8 quarters

$537.0MSep '24$680.0MDec '24$507.0MMar '25$584.0MJun '25$692.0MSep '25$615.0MDec '25$586.0MMar '26$1.2BJun '26

Diluted EPS by quarter

0.34Sep '240.42Dec '240.36Mar '250.38Jun '250.45Sep '250.34Dec '250.38Mar '260.56Jun '26

Free cash flow by quarter

$567.0MSep '24$136.0MDec '24$114.0MMar '25$529.0MJun '25$745.0MSep '25$706.0MDec '25$339.0MMar '26$545.0MJun '26

Annual revenue

$3.7BFY23$4.0BFY24$4.6BFY25

Profitability & balance sheet

Gross margin69.5%
Operating margin78.4%
Net margin58.2%
Return on equity35.1%
Return on assets15.5%
Return on invested capital27.0%
Current ratio2.64
Liabilities / assets40.9%
Cash & investments$1.50B
Total debt$5.26B
Net cash (debt)-$3.76B
Free cash flow / sales48.6%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Carried interest allocations$553.00M 26.0%
  • Credit$474.00M 22.3%
  • Infrastructure$270.00M 12.7%
  • Real estate$258.00M 12.1%
  • Energy$186.00M 8.7%
  • Private equity$129.00M 6.1%
  • Incentive distributions$128.00M 6.0%
  • Costs recovered from affiliates$101.00M 4.8%
  • Interest and Dividend Revenue$27.00M 1.3%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $1.75B $1.34B $4.82B $1.39B $1.25B
Total Operating Revenue $1.20B $1.24B $4.61B $1.24B $1.14B
Cost of Revenue $405.00M $355.00M $1.37B $331.00M $379.00M
Gross Profit $795.00M $887.00M $3.24B $905.00M $761.00M
Operating Expense -$410.00M $24.00M $201.00M -$42.00M -$2.00M
Selling and Admin Expenses $25.00M $22.00M $56.00M $9.00M $23.00M
-General & Admin Expense $25.00M $22.00M $56.00M $9.00M $23.00M
Other Operating Expenses -$435.00M $2.00M $145.00M -$51.00M -$25.00M
Operating Profit $1.21B $863.00M $3.03B $947.00M $763.00M
Net Non-Operating Interest Income (Expense) -$111.00M -$258.00M -$261.00M -$43.00M -$6.00M
Non-Operating Interest Expense $111.00M $258.00M $270.00M $52.00M $52.00M
Other Income (Expense) $240.00M $91.00M $152.00M $10.00M $13.00M
Earnings from Equity Interest $199.00M $70.00M $402.00M $53.00M $110.00M
Other Non-Operating Income (Expenses) $41.00M $21.00M -$250.00M -$43.00M -$97.00M
Pretax Profit $1.33B $696.00M $2.93B $914.00M $770.00M
Tax $162.00M $110.00M $527.00M $299.00M $78.00M
Net Profit $1.17B $586.00M $2.40B $615.00M $692.00M
Profit from Continuing Operations $1.17B $586.00M $2.40B $615.00M $692.00M
Minority Interests $268.00M -$31.00M -$87.00M $55.00M -$32.00M
Net Income to Parent Company $904.00M $617.00M $2.49B $560.00M $724.00M
Net Income to Common Stockholders $904.00M $617.00M $2.49B $560.00M $724.00M
Basic EPS $0.56 $0.38 $1.54 $0.35 $0.45
Diluted EPS $0.56 $0.38 $1.54 $0.34 $0.45
Dividend Per Share $0.50 $0.50 $1.75 $0.44 $0.44
Non-Operating Interest Income – – $9.00M – $46.00M

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $20.08B $17.94B $17.05B $17.05B $16.52B
Total Current Assets $7.52B $6.40B $6.93B $6.93B $6.52B
Cash and Cash Equivalents & Short-Term Investments $1.50B $1.10B $1.58B $1.58B $1.06B
-Cash and Cash Equivalents $1.50B $1.10B $1.58B $1.58B $1.06B
Receivables $6.02B $5.31B $5.22B $5.22B $5.46B
-Accounts Receivable $339.00M $440.00M $106.00M $106.00M $373.00M
-Loans Receivable $1.96B – $1.67B $1.67B –
-Accrued Interest Receivable $2.48B $1.93B $1.83B $1.83B $1.68B
-Due from Related Parties Current $1.24B $2.94B $1.61B $1.61B $3.41B
Total Non-Current Assets $12.56B $11.53B $10.12B $10.12B $10.00B
Net PPE $97.00M $93.00M $92.00M $92.00M –
Investments and Advances $11.47B $10.40B $8.88B $8.88B $8.72B
-Available for Sale Securities $3.19B $2.74B $1.01B $1.01B $845.00M
-Held to Maturity Securities $577.00M $170.00M $252.00M $252.00M $242.00M
-Long Term Equity Investment $7.71B $7.49B $7.63B $7.63B $7.63B
Financial Assets $4.00M $5.00M – – –
Goodwill and Other Intangible Assets $458.00M $465.00M $470.00M $470.00M –
-Goodwill $236.00M $236.00M $236.00M $236.00M –
-Other Intangible Assets $222.00M $229.00M $234.00M $234.00M –
Non-Current Deferred Assets $529.00M $574.00M $572.00M $572.00M $702.00M
Total Liabilities $8.21B $6.70B $6.74B $6.74B $5.85B
Total Current Liabilities $2.84B $2.20B $2.01B $2.01B $2.98B
Payables $2.26B $2.20B $637.00M $637.00M $2.53B
-Accounts Payable $2.18B $2.10B $599.00M $599.00M $2.50B
-Due to Related Parties Current $73.00M $98.00M $38.00M $38.00M $35.00M
Short-Term Debt and Capital Lease Obligation $589.00M – $462.00M $462.00M $453.00M
-Current Debt $589.00M – $462.00M $462.00M $453.00M
Total Non-Current Liabilities $5.37B $4.50B $4.73B $4.73B $2.86B
Long Term Debt and Capital Lease Obligation $4.67B $3.83B $3.16B $3.16B $2.35B
-Long Term Debt $4.67B $3.83B $3.16B $3.16B $2.35B
Non-Current Deferred Liabilities $214.00M $208.00M $169.00M $169.00M $121.00M
Other Non-Current Liabilities $481.00M $467.00M $1.40B $1.40B $393.00M
Total Equity $11.87B $11.24B $10.31B $10.31B $10.67B
Stockholders' Equity $7.51B $7.59B $8.12B $8.12B $8.46B
Capital Stock $8.04B $8.24B $8.63B $8.63B $9.15B
-Common Stock $8.04B $8.24B $8.63B $8.63B $9.15B
Additional Paid-In Capital $257.00M $218.00M $154.00M $154.00M $114.00M
Retained Earnings -$950.00M -$1.05B -$851.00M -$851.00M -$704.00M
Gains/Losses Not Affecting Retained Earnings $165.00M $180.00M $188.00M $188.00M $189.00M
Minority Interests $4.36B $3.64B $2.19B $2.19B $2.21B
Prepaid Assets – – $128.00M $128.00M –
-Gross PPE – – $92.00M $92.00M –
Other Non-Current Assets – – $99.00M $99.00M $583.00M
Current Accrued Expenses – – $911.00M $911.00M –
Less: Treasury Stock – – – – $289.00M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $545.00M $339.00M $2.10B $706.00M $745.00M
Net cash flow from continuing operations $545.00M $339.00M $2.10B $706.00M $745.00M
Net Income from Continuing Operations $1.17B $586.00M $2.40B $615.00M $692.00M
Gain/Loss from Continuing Operations -$158.00M -$42.00M -$7.00M $42.00M -$13.00M
Depreciation & Depletion & Amortization $13.00M $13.00M $40.00M $10.00M $16.00M
Deferred Tax $82.00M $27.00M $151.00M $160.00M -$5.00M
Other Non-Cash Items -$580.00M -$72.00M -$815.00M -$460.00M -$62.00M
Change in Working Capital -$26.00M -$210.00M -$18.00M $81.00M $85.00M
-Change in Receivables -$144.00M -$75.00M $232.00M $52.00M $2.00M
-Change in Payables and Accrued Expense $230.00M -$230.00M -$79.00M $211.00M $76.00M
-Change in Other Current Assets $0.00 $61.00M – – –
-Change In Other Working Capital -$112.00M $34.00M -$171.00M -$182.00M $7.00M
Net cash flow from investing -$308.00M $160.00M -$339.00M -$76.00M -$8.00M
Net Cash Flow from Continuing Investing Activities -$308.00M $160.00M -$339.00M -$76.00M -$8.00M
Net Business Purchase and Sale $0.00 $104.00M $58.00M $0.00 $52.00M
Net Investment Purchase and Sale -$298.00M $62.00M -$388.00M -$74.00M -$56.00M
Net Other Investing Changes -$10.00M -$6.00M -$9.00M -$2.00M -$4.00M
Financing Cash Flow $173.00M -$983.00M -$590.00M -$108.00M -$161.00M
Net Cash Flow from Continuing Financing Activities $173.00M -$983.00M -$590.00M -$108.00M -$161.00M
Net Issuance Payments Of Debt $1.27B -$226.00M $2.50B $1.00B $750.00M
Net Common Stock Issuance -$200.00M -$376.00M -$412.00M -$227.00M -$69.00M
Net Preferred Stock Issuance $0.00 – $25.00M $0.00 $0.00
Cash Dividends Paid -$802.00M -$809.00M -$2.82B -$703.00M -$706.00M
Net Other Financing Charges -$99.00M $428.00M $115.00M -$178.00M -$136.00M
Ending Cash Balance $1.50B $1.10B $1.58B $1.58B $1.06B
Net Change in Cash $410.00M -$485.00M $1.17B $522.00M $576.00M
Beginning Cash Balance $1.10B $1.58B $404.00M $1.06B $480.00M
Effect of Exchange Rate Changes -$3.00M -$2.00M $7.00M -$1.00M $6.00M
Free Cash Flow $545.00M $339.00M $2.10B $706.00M $745.00M
Proceeds from Stock Option Exercised – – $0.00 $0.00 $0.00
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