Brookfield Asset Management Ltd. (BAM) Revenue History
Annual and quarterly revenue from 2020 to present
BAM Revenue Over Time (2020–2025)
BAM Revenue Growth History
4 of 5 years with positive growth- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- +43.3%
- FY2022 revenue growth
- +17.5%
- FY2023 revenue growth
- +12.0%
- FY2024 revenue growth
- -2.0%
- FY2025 revenue growth
- +23.1%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $1.32B | — |
| Q4 2025 | $1.42B | — |
| Q3 2025 | $1.24B | — |
| Q2 2025 | $1.09B | — |
| Q1 2025 | $1.08B | — |
| Q4 2024 | $1.06B | — |
| Q3 2024 | $1.12B | — |
| Q2 2024 | $916.0M | — |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
BAM's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
BAM Revenue Analysis (2020–2025)
Current Revenue & Growth
As of June 28, 2026, Brookfield Asset Management Ltd. (BAM) generated trailing twelve-month (TTM) revenue of $5.06 billion, reflecting exceptional growth of +22.1% year-over-year. The most recent quarter (Q1 2026) recorded $1.32 billion in revenue, down 6.8% sequentially.
Historical Growth Trajectory
BAM's 5-year compound annual growth rate (CAGR) stands at +17.9%, indicating consistent double-digit revenue growth. The 3-year CAGR of +10.6% is below the 5-year average, signalling a growth deceleration in recent years. Brookfield Asset Management Ltd.'s highest annual revenue of $4.90 billion was recorded in 2025, an all-time high.
Revenue by Segment
BAM's revenue is primarily driven by Management Service (86%), and Incentive Fees (14%). With over half of revenue concentrated in Management Service, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Financial Services sector peers — including BX, KKR, and APO. Compare BAM vs BX →
BAM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BAMCurrent | $5.1B | +22.1% | +17.9% | 57.6% | |
 BX | $13.8B | - | - | 51.9% | |
 KKR | $19.3B | - | - | 2.4% | |
 APO | $30.3B | - | - | 34.4% | |
 CG | $4.9B | - | - | 26.2% | |
 ARES | $6.5B | - | - | 27.2% |
BAM Historical Revenue Data (2020–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.90B | - | $4.57B | 93.2% | $2.82B | 57.6% |
| 2024 | $3.98B | - | $2.83B | 71.0% | $2.76B | 69.4% |
| 2023 | $4.06B | - | $3.01B | 74.2% | $2.96B | 72.8% |
| 2022 | $3.63B | - | $2.93B | 80.7% | $2.85B | 78.5% |
| 2021 | $3.09B | - | $2.38B | 77.2% | $2.25B | 73.0% |
| 2020 | $2.15B | - | $1.64B | 75.9% | $1.52B | 70.6% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
BAM — Frequently Asked Questions
Quick answers to the most common questions about buying BAM stock.
Is BAM's revenue growth accelerating or slowing?
BAM revenue growth is accelerating. TTM revenue reached $5.1B, up +22.1% year-over-year — ahead of the 5-year CAGR of +17.9%. This indicates the business is expanding faster than its historical baseline.
What is BAM's revenue history from 2020 to 2026?
Brookfield Asset Management Ltd. (BAM) revenue history spans 2020 to 2026. TTM revenue as of 2026 is $5.1B, growing at +22.1% YoY. The 5-year CAGR is +17.9%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is BAM's long-term revenue growth rate (CAGR)?
Brookfield Asset Management Ltd.'s 5-year revenue CAGR of +17.9% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +22.1% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for BAM.
Why does BAM's quarterly revenue fluctuate?
BAM quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Brookfield Asset Management Ltd.'s revenue data from 2020 to 2026 shows full historical quarterly detail on this page.
How is BAM's revenue distributed by segment?
BAM reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does BAM's revenue compare to industry peers?
Brookfield Asset Management Ltd. (BAM) with TTM revenue of $5.1B and +22.1% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.