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Stocks / United States / BAM · Investment Advice · NYSE

Brookfield Asset Management Ltd. (BAM)

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Brookfield Asset Management Ltd. (BAM) reported revenue of $1.8 billion for Q2 FY2026, the quarter ended 30 June 2026, up 60.8% on the same quarter a year earlier. Net income was $1.2 billion, up 100.7% on the year. The figures are the company's own, from the 10-Q it filed with the SEC on 10 August 2026.

Revenue$1.8 billionup 60.8%
Net income$1.2 billionup 100.7%
Diluted EPSn/a
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROEn/a
ROCE25.3%
Operating margin58.6%
Net marginn/a
FCF marginn/a
Interest covern/a
Debt to equity0.44
Cash conversionn/a
Share count, 1 yearn/a
Sales CAGR, 3 yearsn/a
Profit CAGR, 3 yearsn/a
EPS, TTMn/a

At the close of 25 September 2026

Price$44.59
Market capn/a
Stock P/En/a
Price to bookn/a
EV / EBITDAn/a
Dividend yield3.4%
Market cap / salesn/a
52-week high$58.77
52-week low$42.87
Price, 1 year-23.1%
Price CAGR, 3 years9.8%
Price CAGR, 5 yearsn/a

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, SimFin, daily share prices, by SimFin, for splits. Debt to equity here stands on long-term debt as Brookfield Asset Management Ltd. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 1 December 2022 to 25 September 2026

Daily closes from SimFin, daily share prices, by SimFin, for splits; the last is 25 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on BAM

Filings43 in twelve months: 38 current reports (8-K), about 30 other events; 4 results of operations; 2 regulation fd disclosure; 2 material agreement; 2 new financial obligation
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 1.19 by open interest on 26 September 2026; the straddle prices a 6.2% move to 16 October 2026
Holders9 of the followed funds hold it; largest FMR LLC; 0 Schedule 13D or 13G filings in twelve months
Insider trading0 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest18.5 million shares short, 6.40 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 10 quarters

Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue8849161,1171,0631,0811,0901,2521,3941,3381,753
Operating income4365836416405795337579046051,094
Operating margin49%64%57%60%54%49%60%65%45%62%
Interest expensen/a3.0n/an/an/an/an/an/an/an/a
Pre-tax income4446606338095826597709146961,334
Tax rate16%22%15%16%13%11%10%33%16%12%
Net income373124537-493507584692n/a5861,172
Net margin42%14%48%-46%47%54%55%n/a44%67%
Operating cash flow516159567-615265529745n/a338545
Capital expenditure3.01242.0n/a2.01.04.02.06.010.0
Free cash flow51335.0565n/a263528741n/a332535
Dividends paid620161620-771707702706n/a809802
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 3 fiscal years and the trailing twelve months

FY2023 †FY2024 †FY2025TTM
Revenue4,0623,9804,8175,737
Operating income2,5162,3002,7733,360
Operating margin61.9%57.8%57.6%58.6%
Interest expense9.0n/an/an/a
Pre-tax income2,5542,5462,9253,714
Income tax417438527649
Effective tax rate16.3%17.2%18.0%17.5%
Net income2,1372,1082,398n/a
Net margin52.6%53.0%49.8%n/a
Diluted EPS$1.13n/an/an/a
Filing10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2023 †FY2024 †FY2025TTM
Operating cash flow1,4391,6122,101n/a
Capital expenditure17.08.09.022.0
Free cash flow1,4221,6042,092n/a
Free cash flow margin35.0%40.3%43.4%n/a
Depreciation and amortisation14.014.040.052.0
Share-based compensation33.0103123n/a
Buybacks319n/an/an/a
Dividends paid2,1012,4782,818n/a
Dividend per share$1.28$1.52n/an/a
Diluted shares, weighted396mn/an/an/a
Filing10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2023 †FY2024 †FY2025TTM
Total assets3,20514,15717,04720,080
Cash and equivalents9.04041,5831,503
Goodwilln/a251236236
Long-term debtn/an/an/a4,084
Shareholders' equity2,0763,2478,9129,188
Filing10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/an/an/a31.9%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/an/a64.9%26.9%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Filings

FilingPeriodFiledWhere
10-Q30 June 202610 August 2026EDGAR
10-Q31 March 20268 May 2026EDGAR
10-K31 December 20252 March 2026EDGAR
10-Q30 September 202510 November 2025EDGAR
10-Q30 June 20258 August 2025EDGAR
10-Q31 March 20259 May 2025EDGAR
10-K31 December 202417 March 2025EDGAR
40-F31 December 202319 March 2024EDGAR
20-F31 December 20223 April 2023EDGAR

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