BAM financial statements

The full income statement, balance sheet, and cash-flow statement for Brookfield Asset Management Inc (BAM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-03 1.58B2024-06 1.61B2024-09 1.61B2025-03 1.61B2025-06 1.61B2025-09 1.61B2025-12 1.61B2026-03 1.58B2026-06 1.58B-0.1% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22
Revenue	4.82B YoY+21.0%	3.98B YoY-2.0%	4.06B	—
	—	511M YoY+27.1%	402M	—
Selling, general & administrative	56.0M YoY-12.5%	64.0M YoY+14.3%	56.0M	—
General & administrative	56.0M YoY-12.5%	64.0M YoY+14.3%	56.0M	—
Amortization of intangibles	20.0M YoY+400.0%	4.00M	—	—
Interest expense	—	—	9.00M	—
Interest & investment income	98.0M YoY-31.5%	143M YoY-16.9%	172M	—
Equity-method income	402M YoY+18.6%	339M YoY+103.0%	167M	—
Pre-tax income	2.92B YoY+14.9%	2.55B YoY-0.3%	2.55B	—
Income tax	527M YoY+20.3%	438M YoY+5.0%	417M	—
	2.40B YoY+13.8%	2.11B YoY-1.4%	2.14B	—
Net income to non-controlling interest	369M YoY+144.4%	151M YoY+319.4%	36.0M	—
Net income to common	2.48B YoY+14.6%	2.17B YoY+17.9%	1.84B	—
	—	—	$1.13	—
EPS (basic)	—	—	$1.15	—
	—	—	392M	—
	—	—	397M	—
Dividends per share	$1.75 YoY+15.3%	$1.52 YoY-70.3%	$5.12	—
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22
Cash & equivalents	1.58B YoY+291.8%	404M YoY+4388.9%	9.00M YoY-99.1%	1.00B
	17.0B YoY+20.4%	14.2B YoY+341.7%	3.21B YoY+1.4%	3.16B
Property, plant & equipment	92.0M YoY+58.6%	58.0M	—	—
Goodwill	236M YoY-6.0%	251M	—	—
Intangible assets	234M YoY+515.8%	38.0M YoY-9.5%	42.0M	—
Deferred tax assets	572M YoY-2.4%	586M	—	—
	6.74B YoY+127.1%	2.97B YoY+164.8%	1.12B YoY+42.9%	784M
Deferred tax liabilities	169M YoY+267.4%	46.0M	—	—
	8.91B YoY+1.8%	8.75B YoY+321.6%	2.08B YoY-12.7%	2.38B
Additional paid-in capital	154M YoY+1.3%	152M YoY-62.3%	403M YoY+45.0%	278M
Retained earnings	-851M YoY-74.4%	-488M YoY-1294.3%	-35.0M YoY-284.2%	19.0M
Accumulated other comprehensive income	188M YoY+16.0%	162M YoY+5300.0%	3.00M	0.00
Non-controlling interest	—	31.0M YoY+244.4%	9.00M	0.00
Total equity incl. non-controlling	8.91B YoY-1.9%	9.09B YoY-2.3%	9.30B YoY-3.2%	9.61B
Total liabilities & equity	17.0B YoY+20.4%	14.2B YoY+341.7%	3.21B YoY+1.4%	3.16B
	1.61B	—	—	—
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22
	2.10B YoY+30.3%	1.61B YoY+12.0%	1.44B	—
Depreciation & amortization	40.0M YoY+185.7%	14.0M YoY+0.0%	14.0M	—
Intangible amortization	20.0M YoY+400.0%	4.00M	—	—
Share-based compensation	123M YoY+19.4%	103M YoY+212.1%	33.0M	—
Deferred income taxes	151M YoY-44.9%	274M YoY+197.8%	92.0M	—
Change in payables	-56.0M YoY+86.9%	-426M YoY-1538.5%	-26.0M	—
	-339M YoY+80.6%	-1.74B YoY-267.2%	-475M	—
Acquisitions	-6.00M	0.00	0.00	—
Purchases of investments	962M YoY-49.6%	1.91B YoY+567.5%	286M	—
	-590M YoY+72.2%	-2.12B YoY-15.0%	-1.84B	—
Long-term debt issued	0.00	0.00	0.00	—
Long-term debt repaid	0.00	0.00	0.00	—
Common stock issued	0.00	0.00	0.00	—
Common stock repurchased	0.00	0.00 YoY-100.0%	319M	—
Dividends paid	2.82B YoY+13.7%	2.48B YoY+17.9%	2.10B	—
FX effect on cash	7.00M YoY+158.3%	-12.0M	0.00	—
Net change in cash	—	3.00M YoY-62.5%	8.00M	—
Interest paid	87.0M YoY+295.5%	22.0M YoY+100.0%	11.0M	—
Income taxes paid	426M	0.00 YoY-100.0%	171M	—
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22
Market cap	84.3B	—	—	—
P/E	35.1× YoY-26.7%	48.0×	—	—
P/S	17.5×	—	—	—
P/B	9.5×	—	—	—
	2.8% YoY+36.5%	2.1%	—	—
	3.3% YoY+19.2%	2.8%	—	—
Source filing	10-K	10-K	40-F	20-F

About this data

Source: BAM's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BAM filings on SEC EDGAR → Not investment advice.