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Brookfield Asset Management Ltd. (BAM) 10-Year Financial Performance & Capital Metrics

BAM • • Banking & Credit
Financial ServicesAsset ManagementAlternative Asset ManagementPrivate Equity & Real Asset Managers
AboutBrookfield Asset Management is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients. It typically makes investments in sizeable, premier assets across geographies and asset classes. It invests both its own capital as well as capital from other investors. Within private equity and venture capital, it focuses on acquisition, early ventures, control buyouts and financially distressed, buyouts and corporate carve-outs, recapitalizations, convertible, senior and mezzanine financings, operational and capital structure restructuring, strategic re-direction, turnaround, and under-performing midmarket companies. It invests in both public debt and equity markets. It invests in private equity sectors with focus on Business Services include infrastructure, healthcare, road fuel distribution and marketing, construction and real estate; Industrials include manufacturers of automotive batteries, graphite electrodes, returnable plastic packaging, and sanitation management and development; and Residential/ infrastructure services. It targets companies which likely possess underlying real assets, primarily in sectors such as industrial products, building materials, metals, mining, homebuilding, oil and gas, paper and packaging, manufacturing and forest product sectors. It invests globally with focus on North America including Brazil, the United States, Canada; Europe; and Australia; and Asia-Pacific. The firm considers equity investments in the range of $2 million to $500 million. It has a four-year investment period and a 10-year term with two one-year extensions. The firm prefers to take minority stake and majority stake. Brookfield Asset Management Inc. was founded in 1997 and based in Toronto, Canada with additional offices across Northern America; South America; Europe; Middle East and Asia.Show more
  • Net Interest Income -$136M -91.5%
  • Total Revenue $3.98B -2.0%
  • Net Income $2.17B +17.9%
  • Return on Equity 80.85% -1.9%
  • Net Interest Margin -3.1% -40.0%
  • Efficiency Ratio 1.61% +16.6%
  • ROA 57.12% -1.1%
  • Equity / Assets 74.74% +14.9%
  • Book Value per Share 1.95 +45.7%
  • Tangible BV/Share 1.78 +32.8%
  • Debt/Equity 0.07 -45.6%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Excellent 3Y average ROE of 62.0%
  • ✓Efficient operations: 1.6% efficiency ratio
  • ✓Well capitalized: 74.7% equity/assets
  • ✓Healthy dividend yield of 2.8%
  • ✓Diversified revenue: 100.0% from non-interest income

✗Weaknesses

  • ✗Weak NIM of -3.1%
  • ✗Dividend payout exceeds 100% of earnings
  • ✗Expensive at 26.6x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y8.84%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y5.41%
TTM34.87%

EPS CAGR

10Y-
5Y-
3Y-34.9%
TTM28.7%

ROCE

10Y Avg58.14%
5Y Avg58.14%
3Y Avg89.38%
Latest103%

Peer Comparison

Private Equity & Real Asset Managers
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Size & Scale
Valuation
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Technical
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Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TPGTPG Inc.9.85B67.271044.5741.37%0.9%6.69%5.11%0.44
GCMGGCM Grosvenor Inc.2.18B11.68340.5215.82%3.57%8.9%6.05%
BNBrookfield Corporation106.23B47.33228.98-10.34%0.75%0.61%1.42
BXBlackstone Inc.118.75B160.8144.4252.91%24.41%13.59%2.88%0.63
BAMBrookfield Asset Management Ltd.83.91B52.0440.66-2.02%54.47%22.06%2.21%0.07
KKRKKR & Co. Inc.117.05B131.3240.0451.09%14.22%4.36%5.56%0.82
PAXPatria Investments Limited1.13B17.4337.0914.22%19.21%17.64%12.14%0.51
HLNEHamilton Lane Incorporated6.76B153.8428.4428.73%30.49%19.91%4.6%0.40

Profit & Loss

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+-377M-382M-3M-71M-136M
NII Growth %--0.01%0.99%-22.67%-0.92%
Net Interest Margin %-----
Interest Income00000
Interest Expense377M382M3M71M136M
Loan Loss Provision142M321M697M977M1.02B
Non-Interest Income+2.15B3.09B3.63B4.06B3.98B
Non-Interest Income %-----
Total Revenue+2.15B3.09B3.63B4.06B3.98B
Revenue Growth %-0.43%0.17%0.12%-0.02%
Non-Interest Expense114M132M81M56M64M
Efficiency Ratio-----
Operating Income+1.52B2.25B2.85B2.96B2.76B
Operating Margin %-----
Operating Income Growth %-0.48%0.26%0.04%-0.07%
Pretax Income+783M3.33B3.49B2.55B2.55B
Pretax Margin %-----
Income Tax+226M504M627M417M438M
Effective Tax Rate %-----
Net Income+382M1.85B1.92B1.84B2.17B
Net Margin %-----
Net Income Growth %-3.85%0.03%-0.04%0.18%
Net Income (Continuing)557M2.83B2.87B2.14B2.11B
EPS (Diluted)+0.994.640.051.161.28
EPS Growth %-3.69%-0.99%23.12%0.11%
EPS (Basic)0.994.640.051.171.33
Diluted Shares Outstanding1.61B1.61B1.6B1.56B1.68B

Balance Sheet

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K
Cash & Due from Banks2.1B2.49B1M9M12M
Short Term Investments00000
Total Investments+10.58B12.89B2.38B2.27B3.33B
Investments Growth %-0.22%-0.82%-0.05%0.47%
Long-Term Investments10.58B12.89B2.38B2.27B3.33B
Accounts Receivables1000K1000K1000K1000K1000K
Goodwill & Intangibles+-----
Goodwill249M249M249M0251M
Intangible Assets71M64M59M038M
PP&E (Net)21M48M68M00
Other Assets2.62B2.27B-376M40M-214M
Total Current Assets8.93B10.13B783M895M980M
Total Non-Current Assets13.54B15.52B2.38B2.31B3.41B
Total Assets+22.47B25.64B3.16B3.21B4.39B
Asset Growth %-0.14%-0.88%0.01%0.37%
Return on Assets (ROA)0.02%0.08%0.13%0.58%0.57%
Accounts Payable611M561M781M859M879M
Total Debt+4.78B461M3M256M219M
Net Debt2.68B-2.03B2M247M207M
Long-Term Debt4.78B0000
Short-Term Debt0461M3M256M219M
Other Liabilities742M0-17M00
Total Current Liabilities5B10.54B784M1.12B1.11B
Total Non-Current Liabilities5.52B700M000
Total Liabilities10.52B11.24B784M1.12B1.11B
Total Equity+11.95B14.4B2.38B2.08B3.28B
Equity Growth %-0.21%-0.83%-0.12%0.57%
Equity / Assets (Capital Ratio)-----
Return on Equity (ROE)0.03%0.14%0.23%0.82%0.81%
Book Value per Share7.428.941.481.341.95
Tangible BV per Share-----
Common Stock8.94B02.41B2.35B3.48B
Additional Paid-in Capital00278M403M565M
Retained Earnings0019M-35M-143M
Accumulated OCI162M156M03M1M
Treasury Stock00-330M-649M-651M
Preferred Stock00000

Cash Flow

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+1.79B1.44B-374M1.44B1.86B
Operating CF Growth %--0.19%-1.26%4.85%0.29%
Net Income382M1.85B1.92B1.84B2.17B
Depreciation & Amortization7M11M13M14M14M
Deferred Taxes00000
Other Non-Cash Items1.09B-431M70M-9M-399M
Working Capital Changes203M-187M-2.33B-598M-190M
Cash from Investing+-759M-861M1.71B-475M-2B
Purchase of Investments-809M-1.55B-84M-41.75M-39.03M
Sale/Maturity of Investments1000K1000K1000K00
Net Investment Activity-----
Acquisitions00-279M00
Other Investing000-416.25M-1.95B
Cash from Financing+-576M-187M-280M-1.84B-2.12B
Dividends Paid-1.26B-1.4B-3.18B-2.1B-2.48B
Share Repurchases00-316.92M-324.85M-9.52M
Stock Issued00000
Net Stock Activity-----
Debt Issuance (Net)1000K1000K-1000K1000K1000K
Other Financing612M762M4.83B321.12M117.52M
Net Change in Cash+455M393M1.05B-878M-2.26B
Exchange Rate Effect1000K-1000K-1000K0-1000K
Cash at Beginning1.65B2.1B2.49B3.54B2.67B
Cash at End2.1B2.49B3.54B2.67B404M
Interest Paid177M188M291M022M
Income Taxes Paid257M171M37M9M16M
Free Cash Flow+1.77B1.41B-387M1.42B1.85B
FCF Growth %--0.2%-1.27%4.67%0.3%

Banking Ratios

Metric20202021202220232024
Return on Equity (ROE)3.2%14.05%22.82%82.43%80.85%
Return on Assets (ROA)1.7%7.69%13.3%57.78%57.12%
Net Interest Margin-1.68%-1.49%-0.09%-2.22%-3.1%
Efficiency Ratio5.29%4.28%2.23%1.38%1.61%
Equity / Assets53.17%56.17%75.2%65.05%74.74%
Book Value / Share7.428.941.481.341.95
NII Growth--1.33%99.21%-2266.67%-91.55%
Dividend Payout330.89%75.36%166.27%114.25%114.3%

Revenue by Geography

202120222024
UNITED STATES19.69B24.72B26.13B
UNITED STATES Growth-25.54%5.70%
CANADA7.55B10.75B8.87B
CANADA Growth-42.45%-17.55%
Other Europe8.49B9.08B8.81B
Other Europe Growth-6.98%-3.03%
AUSTRALIA5.89B6.04B6.68B
AUSTRALIA Growth-2.53%10.63%
BRAZIL3.73B5.29B5.23B
BRAZIL Growth-41.93%-1.15%
INDIA2.52B2.74B3.93B
INDIA Growth-8.85%43.13%
Other Asia2.71B3.04B3.11B
Other Asia Growth-12.33%2.30%
COLOMBIA1.89B2.13B2.75B
COLOMBIA Growth-12.96%28.90%
Other Countries1.76B1.96B2.5B
Other Countries Growth-11.02%28.13%
GERMANY-1.91B2.31B
GERMANY Growth--21.06%

Frequently Asked Questions

Valuation & Price

Brookfield Asset Management Ltd. (BAM) has a price-to-earnings (P/E) ratio of 40.7x. This suggests investors expect higher future growth.

Growth & Financials

Brookfield Asset Management Ltd. (BAM) saw revenue decline by 2.0% over the past year.

Yes, Brookfield Asset Management Ltd. (BAM) is profitable, generating $2.43B in net income for fiscal year 2024 (54.5% net margin).

Dividend & Returns

Yes, Brookfield Asset Management Ltd. (BAM) pays a dividend with a yield of 2.84%. This makes it attractive for income-focused investors.

Brookfield Asset Management Ltd. (BAM) has a return on equity (ROE) of 80.9%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

Brookfield Asset Management Ltd. (BAM) has a net interest margin (NIM) of -3.1%. NIM has been under pressure due to interest rate environment.

Brookfield Asset Management Ltd. (BAM) has an efficiency ratio of 1.6%. This is excellent, indicating strong cost control.

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