Loading…
Pure-play asset-management arm of Brookfield, earning fees for managing funds across real assets and credit.
Pure-play asset-management arm of Brookfield, earning fees for managing funds across real assets and credit.
Earns management fees on money investors commit to its funds, much of it locked in for long periods, and a share of profit (carried interest) when investments are sold at gains. It was listed separately in 2022, and Brookfield Corporation still owns most of it. Fees also come from affiliates such as Brookfield Renewable.
Moat: narrow (scale, brand, distribution). Brookfield's decades-long real-asset investing track record and global sourcing network attract institutional capital.
Headquarters: New York, New York, US · Founded: 2022 · Employees: 5,800
Size Brookfield Asset Management (BAM) is a United States Financials company (Investment Managers) with a market value of $86.7B, the 155th largest of 3,117 United States companies the cockpit tracks. Shares closed at $52.95 on 6 Nov 2026.
Performance Over six months the shares gained 6.4%, against +5.0% for the median peer and -1.1% for the United States market (cap-weighted) — 9th highest of 19 in its peer set.
Growth Revenue grew 119.7% over the last twelve months (peer median +6.9%); the operating margin is 61.6% (peer median 26.1%).
Valuation It trades at 26.6× forward earnings against a peer median of 11.7× (most expensive of 19).
Credit Brookfield Asset Management has 24 bonds outstanding ($15.8B), rated A- by the agencies and trading like BBB at a weighted spread of 108 bp.
Short interest Short interest is 1.4% of the free float (15 Oct 2026).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $5.58B | $4.92B | $3.79B | $390M | $35.5M |
| Revenue growth | — | +30% | +871% | +998% | — |
| Gross profit | $5.29B | $4.73B | $3.69B | $327M | $32.7M |
| EBITDA | $3.49B | $2.99B | $2.22B | -$10.2M | -$1.92M |
| Net income | $2.73B | $2.53B | $2.06B | $459M | $18.2M |
| Free cash flow | $2.41B | $2.31B | $1.61B | $515M | $749M |
| Capital expenditure | $12.5M | $0 | $0 | $0 | $0 |
| Total debt | $5.33B | $3.65B | $1.34B | $260M | $3.00M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Brookfield Asset Management BAM | $86.7B | +6% | +120% | 62% | 26.6× | n/a |
| Blackstone BX | $149B | -3% | +9% | 57% | 18.1× | n/a |
| KKR & KKR | $86.6B | -6% | +32% | 23% | 11.4× | n/a |
| Apollo Global Management APO | $68.9B | -12% | +11% | 11% | 11.5× | n/a |
| Brookfield BN.TO | $102B | -8% | +1% | 25% | 13.5× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BAM | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +17.2% | +2.6% | highest of 19 |
| 6-month return | +6.4% | +5.0% | 9th highest of 19 |
| Distance from 52-week high | -5.4% | -14.3% | 3rd highest of 19 |
| Revenue growth (TTM) | +119.7% | +6.9% | highest of 19 |
| Operating margin | 61.6% | 26.1% | highest of 19 |
| Forward P/E | 26.6× | 11.7× | most expensive of 19 |
| Bond spread | 108 bp | 92 bp | 4th widest of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Brookfield Asset Management BAM | United States | $86.7B | +6% | +120% | 62% | 26.6× | n/a | n/a |
| KKR & KKR | United States | $86.6B | -6% | +32% | 23% | 11.4× | n/a | n/a |
| Brookfield BN.TO | Canada | $102B | -8% | +1% | 25% | 13.5× | n/a | n/a |
| Apollo Global Management APO | United States | $68.9B | -12% | +11% | 11% | 11.5× | n/a | n/a |
| UBS UBSG.SW | Switzerland | $148B | +13% | -5% | 23% | 13.2× | n/a | n/a |
| Blackstone BX | United States | $149B | -3% | +9% | 57% | 18.1× | n/a | n/a |
| Ameriprise Financial AMP | United States | $43.5B | +8% | +9% | 28% | 10.0× | n/a | n/a |
| Guotai Haitong Securities 601211.SS | China | $40.4B | +2% | +3% | 44% | 8.9× | n/a | n/a |
| BlackRock BLK | United States | $192B | +9% | +24% | 36% | 18.9× | n/a | n/a |
| Eqt EQT.ST | Sweden | $39.2B | +1% | -18% | 59% | 22.6× | n/a | n/a |
| Northern Trust NTRS | United States | $31.3B | +8% | +7% | 24% | 13.7× | n/a | n/a |
| Raymond James Financial RJF | United States | $31.3B | +6% | +10% | 21% | 11.4× | n/a | n/a |
| Ares Management ARES | United States | $30.0B | +7% | +7% | 27% | 20.5× | n/a | n/a |
| Nomura 8604.T | Japan | $26.5B | +15% | +12% | 12% | 9.0× | n/a | n/a |
| Morgan Stanley MS | United States | $285B | -6% | +16% | 33% | 13.6× | n/a | n/a |
| Principal Financial PFG | United States | $23.6B | +10% | +5% | 15% | 11.3× | n/a | n/a |
| CSC Financial 6066.HK | Hong Kong | $23.5B | -15% | +3% | 49% | 5.5× | n/a | n/a |
| T. Rowe Price TROW | United States | $23.1B | +4% | +7% | 36% | 10.8× | n/a | n/a |
| Amundi AMUN.PA | France | $21.7B | +9% | +1% | 23% | 11.9× | n/a | n/a |
Brookfield Asset Management has 24 bonds outstanding with $15.8B face value. The agencies rate it A-; its bonds trade like BBB. Weighted yield 5.93%, a spread of 108 bp over government bonds.