BAM Brookfield Asset Management Ltd.

Overview and Growth

Fiscal 2025 results for Brookfield Asset Management Ltd. combined $4.82B of revenue with net income of $2.40B and an operating cash inflow of $2.10B. Revenue of $4.82B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 21.0% above fiscal 2024 revenue of $3.98B, marking a year-over-year increase. At period end, total assets were $17.05B, framing the scale of the company’s operating and financing commitments. The revenue-to-assets relationship was 0.28x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

After all reported below-operating-line items, the company recorded net income of $2.40B for the fiscal year. Measured against reported revenue, net income produced a 49.8% margin after operating costs and the remaining recognized items. Before income taxes, the company reported $2.92B of earnings, providing a bridge between the operating result and final net income. The pretax margin was 60.7%, relating income before taxes directly to revenue. The reported income-tax provision was $527.00M, the amount recognized between pretax income and the final net-income result. Relative to pretax income, the tax provision measured 18.0%, quantifying the portion of pre-tax earnings paid in income tax. Net income equaled 26.9% of period-end equity, showing the earnings generated on shareholders’ book capital. Return on period-end assets was 14.1%, connecting net income with the company’s total asset base. The company moved from fiscal 2024 net income of $2.11B to $2.40B, with the current outcome ending above that comparison.

Liquidity and Capital Structure

The company held $17.05B of assets against $6.74B of liabilities and $8.91B of equity, revealing how the asset base was financed. Reported cash and equivalents were $1.58B, separating immediately recognizable cash resources from the rest of the current-asset base. Equity equaled 52.3% of assets, showing the shareholder-capital layer within the company’s balance sheet. Relative to total assets, liabilities measured 39.5%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 9.3%, comparing reported cash and equivalents with the full positive asset balance. Compared with $14.16B in fiscal 2024, the current asset base moved 20.4% and finished higher. Against $9.09B of equity in fiscal 2024, the current book-equity balance moved 1.9% and ended lower. The reported cash balance changed 291.8% from $404.00M in fiscal 2024, ending higher year over year.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $2.10B, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. The operating-cash-flow-to-net-income relationship was 0.88x, comparing cash generated by operations with the bottom-line earnings result. The operating cash outcome moved from $1.61B in fiscal 2024 to $2.10B, ending above the prior-year level.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.