Cash flow Brookfield Asset Management Ltd.

Equities

BAM

CA1130041058

Investment Management & Fund Operators

Delayed Toronto S.E. Other stock markets 17:57:15 11/02/2026 GMT			5-day change	1st Jan Change
70.81 ^CAD	-1.27%		+4.38%	-1.46%

02-05	Brookfield Asset Management Price Target Lowered to US$65.00 to Reflect Peer Multiples	MT
02-05	Brookfield Asset Management Set for Fundraising Expansion, RBC Says	MT

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Published financial data: BROOKFIELD ASSET MANAGEMENT LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	1.89B	2.42B	2.84B	3.14B	3.38B
Gain (Loss) on Sale of Investment, Total (Rev)	-	-	490M	399M	-
Interest And Invest. Income (Rev)	222M	641M	258M	172M	159M
Other Revenues, Total	40M	23M	44M	349M	440M
Total Revenues	2.15B	3.09B	3.63B	4.06B	3.98B
Cost of Goods Sold, Total	519M	703M	700M	1.05B	1.15B
Gross Profit	1.64B	2.38B	2.93B	3.01B	2.83B
Selling General & Admin Expenses, Total	114M	132M	81M	56M	64M
Other Operating Expenses	157M	185M	236M	342M	347M
Other Operating Expenses, Total	271M	317M	317M	398M	411M
Operating Income	1.36B	2.07B	2.61B	2.62B	2.42B
Interest Expense, Total	-377M	-382M	-354M	-100M	-115M
Net Interest Expenses	-377M	-382M	-354M	-100M	-115M
Income (Loss) On Equity Invest.	38M	161M	146M	167M	339M
Other Non Operating Income (Expenses)	-242M	1.49B	1.09B	-	-
EBT, Excl. Unusual Items	783M	3.33B	3.49B	2.68B	2.64B
Impairment of Goodwill	-	-	-	-17M	-
Gain (Loss) On Sale Of Investments	-	-	-	-99M	-93M
Asset Writedown	-	-	-	-13M	-
EBT, Incl. Unusual Items	783M	3.33B	3.49B	2.55B	2.55B
Income Tax Expense	226M	504M	627M	417M	438M
Earnings From Continuing Operations	557M	2.83B	2.86B	2.14B	2.11B
Net Income to Company	557M	2.83B	2.86B	2.14B	2.11B
Minority Interest	-175M	-977M	-950M	-298M	60M
Net Income - (IS)	382M	1.85B	1.92B	1.84B	2.17B
Net Income to Common Incl Extra Items	382M	1.85B	1.92B	1.84B	2.17B
Net Income to Common Excl. Extra Items	382M	1.85B	1.92B	1.84B	2.17B
Per Share Items
Net EPS - Basic	-	-	1.17	1.12	1.37
Basic EPS - Continuing Operations	-	-	1.17	1.12	1.37
Basic Weighted Average Shares Outstanding	-	-	1.64B	1.64B	-
Net EPS - Diluted	-	-	1.17	1.12	1.37
Diluted EPS - Continuing Operations	-	-	1.17	1.12	1.37
Diluted Weighted Average Shares Outstanding	-	-	1.64B	1.64B	-
Normalized Basic EPS	-	-	0.75	0.84	1.08
Normalized Diluted EPS	-	-	0.75	0.84	1.08
Payout Ratio	330.89	75.36	166.27	114.25	114.3
Supplemental Items
EBITDA	1.37B	2.08B	2.62B	2.63B	2.43B
EBITA	1.37B	2.07B	2.62B	2.62B	2.42B
EBIT	1.36B	2.07B	2.61B	2.62B	2.42B
Total Revenues (As Reported)	2.15B	3.09B	3.63B	4.06B	3.98B
Effective Tax Rate - (Ratio)	28.86	15.13	17.96	16.33	17.2
Current Domestic Taxes	-	-	-	84M	-92M
Current Foreign Taxes	-	-	-	251M	256M
Total Current Taxes	177M	188M	291M	335M	164M
Deferred Domestic Taxes	-	-	-	26M	208M
Deferred Foreign Taxes	-	-	-	56M	66M
Total Deferred Taxes	49M	316M	336M	82M	274M
Normalized Net Income	314M	1.11B	1.23B	1.38B	1.71B
Supplemental Operating Expense Items
General and Administrative Expenses	114M	132M	81M	56M	64M
Stock-Based Comp., Other (Total)	99M	199M	-63M	33M	270M
Total Stock-Based Compensation	99M	199M	-63M	33M	270M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	2.1B	2.49B	3.54B	2.67B	404M
Total Cash And Short Term Investments	2.1B	2.49B	3.54B	2.67B	404M
Accounts Receivable, Total	54M	26M	245M	278M	225M
Other Receivables	186M	158M	296M	836M	815M
Notes Receivable	6.54B	6.54B	1.95B	1.85B	1.77B
Total Receivables	6.78B	6.73B	2.49B	2.97B	2.81B
Prepaid Expenses	52M	40M	61M	124M	175M
Other Current Assets, Total	-	-	-	-	231M
Total Current Assets	8.93B	9.26B	6.1B	5.76B	3.62B
Gross Property Plant And Equipment	32M	65M	-	-	-
Accumulated Depreciation	-11M	-17M	-	-	-
Net Property Plant And Equipment	21M	48M	68M	73M	58M
Long-term Investments	10.96B	13.84B	6.88B	7.52B	9.61B
Goodwill	249M	249M	249M	251M	251M
Other Intangibles, Total	71M	64M	59M	42M	38M
Deferred Tax Assets Long-Term	2.24B	2.27B	739M	643M	586M
Total Assets	22.47B	25.73B	14.09B	14.29B	14.16B
Liabilities
Accounts Payable, Total	611M	561M	376M	666M	490M
Accrued Expenses, Total	876M	1.24B	1.8B	774M	1.69B
Short-term Borrowings	-	461M	-	198M	-
Current Portion of Long-Term Debt	-	4.1B	-	-	-
Other Current Liabilities	3.78B	4.34B	475M	1.15B	228M
Total Current Liabilities	5.27B	10.7B	2.65B	2.78B	2.41B
Long-Term Debt	4.78B	-	-	-	251M
Deferred Tax Liability Non Current	472M	700M	17M	40M	46M
Other Non Current Liabilities	-	-	-	-	257M
Total Liabilities	10.52B	11.4B	2.67B	2.82B	2.97B
Common Stock, Total	8.94B	9.64B	9.27B	9.01B	9.02B
Additional Paid In Capital	-	-	-	122M	152M
Retained Earnings	-	-	84M	-178M	-488M
Treasury Stock	-	-	-	-	-91M
Comprehensive Income and Other	162M	156M	153M	168M	162M
Total Common Equity	9.1B	9.8B	9.51B	9.13B	8.75B
Minority Interest	2.84B	4.53B	1.91B	2.34B	2.44B
Total Equity	11.95B	14.33B	11.42B	11.46B	11.19B
Total Liabilities And Equity	22.47B	25.73B	14.09B	14.29B	14.16B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	1.64B	1.64B	1.63B
ECS Total Common Shares Outstanding	-	-	1.64B	1.64B	1.63B
Book Value / Share	-	-	5.81	5.58	5.37
Tangible Book Value	8.78B	9.48B	9.2B	8.83B	8.46B
Tangible Book Value Per Share	-	-	5.63	5.4	5.19
Total Debt	4.78B	4.56B	0	198M	251M
Net Debt	2.68B	2.07B	-3.54B	-2.47B	-153M
Minority Interest, Total (Incl. Fin. Div)	2.84B	4.53B	1.91B	2.34B	2.44B
Equity Method Investments, Total	3.75B	3.8B	4.22B	4.55B	5.97B
Account Code - Inventory Valuation	-	3	3	3	3
Full Time Employees	-	2K	2.5K	2.4K	2.5K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	382M	1.85B	1.92B	1.84B	2.17B
Depreciation & Amortization - CF	1M	9M	8M	14M	10M
Amortization of Goodwill and Intangible Assets - (CF)	6M	2M	5M	-	4M
Depreciation & Amortization, Total	7M	11M	13M	14M	14M
(Gain) Loss on Sale of Investments - (CF)	162M	-162M	-110M	-288M	33M
(Income) Loss On Equity Investments - (CF)	87M	-37M	22M	21M	-122M
Stock-Based Compensation (CF)	99M	199M	-48M	33M	103M
Other Operating Activities, Total	846M	-232M	854M	462M	283M
Change In Accounts Receivable	-	-	-205M	-200M	-51M
Change In Accounts Payable	-	-	-30M	-26M	-426M
Change in Other Net Operating Assets	203M	-187M	-2.78B	-416M	-139M
Cash from Operations	1.79B	1.44B	-374M	1.44B	1.86B
Capital Expenditure	-20M	-35M	-13M	-17M	-8M
Investment in Marketable and Equity Securities, Total	-739M	-826M	1.72B	-202M	-2.02B
Other Investing Activities, Total	-	-	-	-256M	37M
Cash from Investing	-759M	-861M	1.71B	-475M	-2B
Short Term Debt Issued, Total	136M	1.35B	496M	197M	67M
Long-Term Debt Issued, Total	-	-	-	-	251M
Total Debt Issued	136M	1.35B	496M	197M	318M
Short Term Debt Repaid, Total	-60M	-907M	-1.94B	-	-
Total Debt Repaid	-60M	-907M	-1.94B	-	-
Issuance of Common Stock	65M	52M	5.16B	-	56M
Issuance of Preferred Stock	-	-	-	63M	-
Common Dividends Paid	-1.26B	-1.4B	-3.18B	-2.1B	-2.48B
Common & Preferred Stock Dividends Paid	-1.26B	-1.4B	-3.18B	-2.1B	-2.48B
Other Financing Activities, Total	547M	710M	-811M	-1M	-15M
Cash from Financing	-576M	-187M	-280M	-1.84B	-2.12B
Foreign Exchange Rate Adjustments	4M	-2M	-1M	-	-12M
Net Change in Cash	455M	393M	1.05B	-878M	-2.26B
Supplemental Items
Cash Interest Paid	257M	171M	37M	11M	22M
Cash Income Tax Paid (Refund)	177M	188M	291M	171M	449M
Levered Free Cash Flow	-	2.16B	2.43B	994M	1.78B
Unlevered Free Cash Flow	-	2.39B	2.65B	1.06B	1.85B
Change In Net Working Capital	-	-927M	-1.08B	608M	-69M
Net Debt Issued / Repaid	76M	446M	-1.44B	197M	318M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-	5.36	8.21	11.52	10.61
Return on Total Capital	-	7.25	10.74	14.17	13.07
Return On Equity %	-	21.52	22.19	18.68	18.61
Return on Common Equity	-	19.59	19.76	19.74	24.25
Margin Analysis
Gross Profit Margin %	75.91	77.23	80.7	74.2	71
SG&A Margin	5.29	4.28	2.23	1.38	1.61
EBITDA Margin %	63.65	67.31	72.32	64.75	61.03
EBITA Margin %	63.6	67.02	72.1	64.4	60.78
EBIT Margin %	63.32	66.96	71.96	64.4	60.68
Income From Continuing Operations Margin %	25.86	91.61	78.99	52.61	52.96
Net Income Margin %	17.73	59.96	52.8	45.27	54.47
Net Avail. For Common Margin %	17.73	59.96	52.8	45.27	54.47
Normalized Net Income Margin	14.59	35.81	33.98	33.95	42.95
Levered Free Cash Flow Margin	-	69.81	66.97	24.48	44.79
Unlevered Free Cash Flow Margin	-	77.55	73.07	26.02	46.59
Asset Turnover
Asset Turnover	-	0.13	0.18	0.29	0.28
Fixed Assets Turnover	-	89.48	62.53	57.62	60.76
Receivables Turnover (Average Receivables)	-	60.58	20.92	12.02	13.44
Short Term Liquidity
Current Ratio	1.69	0.87	2.3	2.07	1.5
Quick Ratio	0.44	0.25	1.54	1.36	0.6
Operating Cash Flow to Current Liabilities	0.34	0.13	-0.14	0.52	0.77
Days Sales Outstanding (Average Receivables)	-	6.03	17.45	30.38	27.23
Average Days Payable Outstanding	-	304.25	244.29	185.81	162.86
Long Term Solvency
Total Debt/Equity	40.02	31.84	-	1.73	2.24
Total Debt / Total Capital	28.58	24.15	-	1.7	2.19
LT Debt/Equity	40.02	-	-	-	2.24
Long-Term Debt / Total Capital	28.58	-	-	-	2.19
Total Liabilities / Total Assets	46.83	44.31	18.95	19.77	20.95
EBIT / Interest Expense	3.62	5.41	7.37	26.16	21
EBITDA / Interest Expense	3.64	5.44	7.41	26.3	21.12
(EBITDA - Capex) / Interest Expense	3.58	5.35	7.37	26.13	21.05
Total Debt / EBITDA	3.49	2.2	-	0.08	0.1
Net Debt / EBITDA	1.95	1	-1.35	-0.94	-0.06
Total Debt / (EBITDA - Capex)	3.54	2.23	-	0.08	0.1
Net Debt / (EBITDA - Capex)	1.98	1.01	-1.36	-0.94	-0.06
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-0.87	43.31	17.49	11.99	-2.02
Gross Profit, 1 Yr. Growth %	0.74	45.81	22.78	2.97	-6.24
EBITDA, 1 Yr. Growth %	0.59	51.57	26.23	0.27	-7.64
EBITA, 1 Yr. Growth %	0.96	51.02	26.39	0.23	-7.64
EBIT, 1 Yr. Growth %	0.52	51.54	26.27	0.23	-7.68
Earnings From Cont. Operations, 1 Yr. Growth %	-73.44	407.72	0.67	-25.41	-1.36
Net Income, 1 Yr. Growth %	-80.03	384.55	2.46	-3.97	17.89
Normalized Net Income, 1 Yr. Growth %	-64.77	251.65	300.98	11.88	23.97
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-	-3.97	21.64
Accounts Receivable, 1 Yr. Growth %	-	-51.85	842.31	13.47	-19.06
Net Property, Plant and Equip., 1 Yr. Growth %	-	128.57	41.67	7.35	-20.55
Total Assets, 1 Yr. Growth %	-	14.5	-45.06	1.44	-0.93
Tangible Book Value, 1 Yr. Growth %	-	7.97	-3.75	-3.99	-4.19
Common Equity, 1 Yr. Growth %	-	7.61	-3.68	-4.02	-4.1
Cash From Operations, 1 Yr. Growth %	115.44	-19.2	-125.92	-484.76	29.46
Capital Expenditures, 1 Yr. Growth %	1.9K	75	-62.86	30.77	-52.94
Levered Free Cash Flow, 1 Yr. Growth %	-	-	34.34	-59.31	126.06
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	29.48	-60.34	117.91
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	19.19	29.76	14.71	4.75
Gross Profit, 2 Yr. CAGR %	-	21.2	33.8	12.44	-1.74
EBITDA, 2 Yr. CAGR %	-	23.47	38.32	12.5	-3.77
EBITA, 2 Yr. CAGR %	-	23.48	38.16	12.44	-3.73
EBIT, 2 Yr. CAGR %	-	23.42	38.33	12.5	-3.81
Earnings From Cont. Operations, 2 Yr. CAGR %	-	16.13	123.61	-13.35	-14.22
Net Income, 2 Yr. CAGR %	-	-1.63	119.35	-0.81	6.4
Normalized Net Income, 2 Yr. CAGR %	-	11.31	86.82	111.8	17.77
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	-	8.08
Accounts Receivable, 2 Yr. CAGR %	-	-	113	226.99	-4.17
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	79.95	23.32	-7.65
Total Assets, 2 Yr. CAGR %	-	-	-20.82	-25.35	0.25
Tangible Book Value, 2 Yr. CAGR %	-	-	2.34	-3.87	-4.09
Common Equity, 2 Yr. CAGR %	-	-	2.19	-3.85	-4.06
Cash From Operations, 2 Yr. CAGR %	-	31.93	-54.24	-0.14	123.19
Capital Expenditures, 2 Yr. CAGR %	-	491.61	-19.38	-30.31	-21.55
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-25.84	-14.74
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-28.14	-16.71
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	18.62	23.55	8.84
Gross Profit, 3 Yr. CAGR %	-	-	21.72	22.61	5.83
EBITDA, 3 Yr. CAGR %	-	-	24.38	24.25	5.34
EBITA, 3 Yr. CAGR %	-	-	24.44	24.06	5.35
EBIT, 3 Yr. CAGR %	-	-	24.36	24.24	5.32
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	10.96	55.08	-9.52
Net Income, 3 Yr. CAGR %	-	-	0.03	66.56	5.07
Normalized Net Income, 3 Yr. CAGR %	-	-	11.37	57.47	77.17
Accounts Receivable, 3 Yr. CAGR %	-	-	-	72.67	105.31
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	51.48	6.51
Total Assets, 3 Yr. CAGR %	-	-	-	-14.01	-17.96
Tangible Book Value, 3 Yr. CAGR %	-	-	-	0.19	-3.97
Common Equity, 3 Yr. CAGR %	-	-	-	0.08	-3.93
Cash From Operations, 3 Yr. CAGR %	-	-	-23.3	-6.95	8.89
Capital Expenditures, 3 Yr. CAGR %	-	-	135.13	-5.27	-38.86
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-0.47
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-3.24
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	12.87
Gross Profit, 5 Yr. CAGR %	-	-	-	-	11.73
EBITDA, 5 Yr. CAGR %	-	-	-	-	12.25
EBITA, 5 Yr. CAGR %	-	-	-	-	12.26
EBIT, 5 Yr. CAGR %	-	-	-	-	12.22
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	0.1
Net Income, 5 Yr. CAGR %	-	-	-	-	2.53
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	13.89
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	17.58
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	51.57