Companies › Brookfield Asset Management Ltd.

Brookfield Asset Management Ltd. (BAM): Financial Statements and Key Figures

Brookfield Asset Management Ltd. (ticker BAM) is classified by the SEC under industry code 6282, Investment Advice, and is listed on NYSE. It files its annual report with the U.S. Securities and Exchange Commission (SEC) on Form 10-K and reports in US dollars. Its fiscal 2025 ended on 31 December 2025; the annual report for that year was filed on 2 March 2026. For that year it reported revenue of US$ 4,817 million, net income of US$ 2,398 million and total assets of US$ 17,047 million at the year end. Fiscal years 2022 to 2025 are shown below.

The figures are as the company filed them, standardised by reporting tag; the filing is the authority. For education and analysis, not investment advice.

Key Figures

Money in US$ millions; earnings per share in US dollars. Free cash flow is the cash from operating activities less capital expenditures. Total debt is short-term plus long-term debt, or the total the company itself tags when that is larger. A margin is the profit line divided by revenue; return on equity is net income divided by the average of shareholders' equity at the start and the end of the year. A blank cell means the company does not report the line under a standard tag; it does not mean zero.

Table 1: Key figures of Brookfield Asset Management Ltd. by fiscal year
Fiscal year2022202320242025Last 12 months to 30 Sep 2026
year ended on31 Dec31 Dec31 Dec31 Decnot a fiscal year
Revenue (US$ millions)4,0623,9804,8176,634
Net income (US$ millions)2,1372,1082,3985,372
Earnings per share, diluted (US$)1.13
Cash from operating activities (US$ millions)1,4391,6122,1012,143
Free cash flow (US$ millions)1,4221,6042,0922,092
Total assets (US$ millions)3,1613,20514,15717,04727,409
Total debt (US$ millions)
Shareholders' equity (US$ millions)2,3772,0769,0888,91211,810
Gross margin
Operating margin
Net margin52.6 %53.0 %49.8 %81.0 %
Return on equity96.0 %37.8 %26.6 %

The last column is not a fiscal year. It is the last twelve months to 30 September 2026: the last fiscal year, plus the year to date in the latest quarterly report (Form 10-Q, filed 9 November 2026), less the same year-to-date period a year before; total assets, total debt and equity are those of the quarterly balance sheet. Quarterly reports are unaudited interim data. The column enters no growth rate and no chart.

Charts

Figure 1: Revenue and net income by fiscal year (US$ millions)

Figure 2: Cash from operating activities and free cash flow by fiscal year (US$ millions)

Compound Growth

The compound annual growth rate is the single yearly rate that, applied every year, takes the first value to the last one: the last value divided by the first, raised to the power of one over the number of years, less one. It uses only the two end values, so an unusual first or last year moves it a great deal.

  • Revenue: 4,062 in fiscal 2023 to 4,817 in fiscal 2025 (US$ millions), 2 years: 8.9 % a year.
  • Diluted earnings per share: not shown. The rate needs positive diluted earnings per share in the latest fiscal year and in an earlier comparable one.

Analyse This Company

Each link opens a calculator with Brookfield Asset Management Ltd. loaded from the same data.

  • Company Financial Statements: The full income statement, balance sheet and cash flow statement of each fiscal year, with common-size and growth views.
  • Capital Allocation History: Where the cash from operations went each year: capital expenditures, dividends, share repurchases, debt.
  • Dividend Sustainability: How the dividends paid compare with earnings and with free cash flow, year by year.
  • Earnings Quality Trend: How much of reported earnings arrived as cash, and how accruals moved over the years.
  • Reverse DCF: The growth in free cash flow that a share price you type would assume.
  • Financial Quality Scores: The Piotroski F-score and the DuPont breakdown of return on equity, worked step by step.
  • Valuation Range: What a share price you type corresponds to as multiples of earnings, cash flow and book value, against the company's own history.

Several companies at once: Peer Comparison and Fundamental Screener.

Same Industry

The 8 other companies in the data with the industry code 6282 (Investment Advice), in alphabetical order; the index lists every company.

Source

The annual report first filed for each fiscal year, with a link to its index page on EDGAR, the SEC's filing system. A later annual report repeats earlier years for comparison and sometimes restates them; where a value was taken from a later report, the last column gives the date of the latest one used.

Table 2: The filing behind each fiscal year
Fiscal yearYear endedFormFiledOn EDGARLater report used, filed
202531 Dec 2025Form 10-K2 Mar 2026filing index
202431 Dec 2024Form 10-K17 Mar 2025filing index2 Mar 2026
202331 Dec 2023Form 40-F19 Mar 2024filing index2 Mar 2026
202231 Dec 2022Form 20-F3 Apr 2023filing index19 Mar 2024
  • The figures are as filed with the SEC and standardised by reporting tag. The filing is the authority: check it before relying on a number.
  • A blank cell means the company does not tag that line, or the tagged figure is withheld as incomplete. It does not mean zero.
  • Currency: every figure is in the currency the company reported that year (US dollars here). Nothing is converted.
  • Per-share figures are adjusted for stock splits detected from the company's own restated figures, except where a year is flagged; the as-filed values are in the filings.
  • For a bank, broker, insurer or other financial company (SIC codes 6000 to 6799) net debt, EBITDA, the current ratio and debt to equity are not meaningful and the tools show them as n/m; this company is one, and its total debt above says little, because deposits and policy liabilities are not debt in that sense.
  • A fiscal year is named after the calendar year in which it ends. The data is updated from time to time, not daily; this company's figures were loaded on 13 November 2026.

For education and analysis, not investment advice.