Brookfield Asset Management Ltd. (BAM)

BAM Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,659	3,381	3,142	2,835	2,423	1,892
Other Revenue	692	599	920	792	664	262
Revenue	4,351	3,980	4,062	3,627	3,087	2,154
Revenue Growth (YoY)	13.81%	-2.02%	11.99%	17.49%	43.31%	-0.87%
Cost of Revenue	1,265	1,154	1,048	700	703	519
Gross Profit	3,086	2,826	3,014	2,927	2,384	1,635
Selling, General & Admin	66	64	56	81	132	114
Other Operating Expenses	353	347	342	236	185	157
Operating Expenses	419	411	398	317	317	271
Operating Income	2,667	2,415	2,616	2,610	2,067	1,364
Interest Expense	-271	-115	-100	-354	-382	-377
Interest & Investment Income	-	-	-	1,090	-	-
Earnings From Equity Investments	445	339	167	146	161	38
Other Non Operating Income (Expenses)	-92	-	-	-	1,486	-242
EBT Excluding Unusual Items	2,749	2,639	2,683	3,492	3,332	783
Gain (Loss) on Sale of Investments	-66	-93	-99	-	-	-
Asset Writedown	-	-	-30	-	-	-
Pretax Income	2,683	2,546	2,554	3,492	3,332	783
Income Tax Expense	375	438	417	627	504	226
Earnings From Continuing Operations	2,308	2,108	2,137	2,865	2,828	557
Minority Interest in Earnings	125	60	-298	-950	-977	-175
Net Income	2,433	2,168	1,839	1,915	1,851	382
Net Income to Common	2,433	2,168	1,839	1,915	1,851	382
Net Income Growth	34.87%	17.89%	-3.97%	3.46%	384.56%	-80.03%
Shares Outstanding (Basic)	1,631	1,585	1,635	1,637	-	-
Shares Outstanding (Diluted)	1,631	1,585	1,635	1,637	-	-
Shares Change (YoY)	-5.55%	-3.08%	-0.09%	-	-	-
EPS (Basic)	1.49	1.37	1.12	1.17	-	-
EPS (Diluted)	1.49	1.37	1.12	1.17	-	-
EPS Growth	42.80%	21.64%	-3.89%	-	-	-
Free Cash Flow	1,713	1,855	1,422	-387	1,408	1,766
Free Cash Flow Per Share	1.05	1.17	0.87	-0.24	-	-
Gross Margin	70.93%	71.00%	74.20%	80.70%	77.23%	75.91%
Operating Margin	61.30%	60.68%	64.40%	71.96%	66.96%	63.32%
Profit Margin	55.92%	54.47%	45.27%	52.80%	59.96%	17.73%
Free Cash Flow Margin	39.37%	46.61%	35.01%	-10.67%	45.61%	81.99%
EBITDA	2,688	2,429	2,630	2,623	2,078	1,371
EBITDA Margin	61.78%	61.03%	64.75%	72.32%	67.31%	63.65%
D&A For EBITDA	21	14	14	13	11	7
EBIT	2,667	2,415	2,616	2,610	2,067	1,364
EBIT Margin	61.30%	60.68%	64.40%	71.96%	66.96%	63.32%
Effective Tax Rate	13.98%	17.20%	16.33%	17.95%	15.13%	28.86%
Revenue as Reported	4,351	3,980	4,062	3,627	3,087	2,154

Updated May 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q