Brookfield Asset Management Inc. (BAM) Key Metrics
BAM valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $72.39B
- Enterprise value
- $76.26B
- P/E (TTM)
- 26.0 10-yr median 18.3
- Forward P/E
- 20.8
- PEG ratio
- 1.05
- Price / sales
- 12.6 10-yr median 9.6
- Price / book
- 9.6 10-yr median 8.6
- EV / EBITDA
- 18.2 10-yr median 15.6
- Dividend yield
- 4.44% $2.01 a year
- Beta
- 1.32
BAM key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBAM valuation Price multiples at each fiscal year-end price.
BAM returns How much profit the business earns on the capital it uses.
BAM per-share figures Results divided by the shares outstanding at year-end.
BAM financial health Debt, liquidity and how easily interest is covered.
BAM efficiency & capital use Working capital cycle and where the cash goes.
BAM valuation history
BAM returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BAM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BAM cash returned to shareholders
BAM price vs earnings per share
BAM key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $86.25B | $60.76B | $15.62B | $11.36B | — | — | — | — | — | — |
| Enterprise value | $88.32B | $60.97B | $15.86B | $11.36B | — | — | — | — | — | — |
| P/E ratio | 34.7 | 28.0 | 8.5 | 5.9 | — | — | — | — | — | — |
| Price / sales | 18.7 | 15.3 | 3.8 | 3.1 | — | — | — | — | — | — |
| Price / book | 9.7 | 18.7 | 7.5 | 4.8 | — | — | — | — | — | — |
| Price / free cash flow | 41.1 | 37.7 | 10.9 | — | — | — | — | — | — | — |
| Price / operating cash flow | 41.1 | 37.7 | 10.9 | — | — | — | — | — | — | — |
| EV / sales | 19.2 | 15.3 | 3.9 | 3.1 | — | — | — | — | — | — |
| EV / EBITDA | 27.3 | 25.1 | 6.0 | 4.3 | — | — | — | — | — | — |
| EV / free cash flow | 42.0 | 37.8 | 11.0 | — | — | — | — | — | — | — |
| Earnings yield | 2.9% | 3.6% | 11.8% | 16.9% | — | — | — | — | — | — |
| Free cash flow yield | 2.4% | 2.7% | 9.2% | −3.4% | — | — | — | — | — | — |
| Dividend yield | 3.3% | 4.1% | 13.5% | 28.0% | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 3.7% | 4.1% | 15.5% | 57.8% | — | — | — | — | — | — |
| Share price at fiscal year-end | $52.39 | $54.19 | $40.17 | $28.67 | — | — | — | — | — | — |
| Per share | ||||||||||
| Revenue per share | $2.80 | $3.55 | $10.45 | $9.16 | $7.49 | $5.23 | $5.27 | $38.72 | $27.75 | $16.66 |
| Earnings per share | $1.51 | $1.93 | $4.73 | $4.83 | $4.49 | $0.93 | $4.64 | $2.44 | $0.99 | $1.13 |
| Operating cash flow per share | $1.28 | $1.44 | $3.70 | −$0.94 | $3.50 | $4.33 | $2.01 | $3.52 | $2.72 | $2.10 |
| Free cash flow per share | $1.28 | $1.44 | $3.70 | −$0.98 | $3.42 | $4.28 | $2.01 | $2.18 | $1.57 | $1.10 |
| Cash per share | $0.96 | $0.01 | $0.02 | $0.00 | $6.05 | $5.10 | $25.19 | $8.03 | $5.24 | $5.14 |
| Book value per share | $5.40 | $2.90 | $5.34 | $6.00 | $34.94 | $28.98 | $283.45 | $66.26 | $54.33 | $47.57 |
| Tangible book value per share | $5.12 | $2.64 | $4.59 | $5.22 | $34.18 | $28.21 | $180.94 | $47.45 | $41.03 | $40.84 |
| Dividends per share | $1.71 | $2.21 | $5.40 | $8.04 | $3.38 | $3.07 | $1.16 | $0.50 | $0.47 | $0.43 |
| Capex per share | $0.01 | $0.01 | $0.04 | $0.03 | $0.08 | $0.05 | $0.00 | $1.34 | $1.15 | $1.00 |
| Debt per share | $2.22 | $0.20 | $0.66 | $0.01 | $427.91 | $371.60 | $385.68 | $81.95 | $54.91 | $45.46 |
| Shares outstanding | 1.65B | 1.12B | 388.8M | 396.2M | 412.2M | 412.2M | 412.2M | 1.47B | 1.47B | 1.46B |
| Change in shares outstanding | +46.8% | +188.4% | −1.9% | −3.9% | 0.0% | 0.0% | −71.9% | −0.3% | +0.3% | −5.7% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 40.9% | 81.5% | 82.6% | 22.8% | 14.0% | 0.6% | 1.8% | 4.0% | 2.0% | 2.6% |
| Return on invested capital (ROIC) | 34.5% | 79.2% | 105.3% | 2.4% | 1.1% | 0.5% | 0.7% | 4.5% | 3.7% | 3.8% |
| Return on assets (ROA) | 23.0% | 57.1% | 57.8% | 13.3% | 7.7% | 0.2% | 0.7% | 1.6% | 0.8% | 1.1% |
| Return on tangible assets | 14.8% | 52.9% | 63.2% | 67.1% | 7.3% | 1.7% | 0.7% | 1.6% | 0.8% | 1.1% |
| Free cash flow margin | 45.6% | 40.5% | 35.4% | −10.7% | 45.6% | 82.0% | 38.1% | 5.6% | 5.7% | 6.6% |
| Income quality (OCF / net income) | 0.85 | 0.74 | 0.78 | −0.20 | 0.78 | 4.68 | 0.43 | 1.44 | 2.74 | 1.87 |
| Financial health | ||||||||||
| Total debt | $3.65B | $219.0M | $256.0M | $3.0M | $176.39B | $153.18B | $158.99B | $120.15B | $80.72B | $66.60B |
| Cash & short-term investments | $1.58B | $12.0M | $9.0M | $1.0M | $2.49B | $2.10B | $10.38B | $11.77B | $7.71B | $7.53B |
| Net debt | $2.07B | $207.0M | $247.0M | $2.0M | $173.90B | $151.08B | $148.60B | $108.38B | $73.01B | $59.07B |
| Debt / equity | 0.41 | 0.07 | 0.12 | 0.00 | 12.25 | 12.82 | 1.36 | 1.24 | 1.01 | 0.96 |
| Debt / assets | 0.21 | 0.05 | 0.08 | 0.00 | 6.88 | 6.82 | 0.49 | 0.47 | 0.42 | 0.42 |
| Net debt / EBITDA | 0.64 | 0.09 | 0.09 | 0.00 | 83.69 | 110.20 | 109.03 | 9.60 | 9.09 | 9.01 |
| Current ratio | 4.20 | 0.88 | 0.80 | 1.00 | 0.90 | 1.79 | 0.86 | 1.16 | 0.90 | 1.07 |
| Quick ratio | 4.20 | 0.88 | −11.06 | 3.94 | −0.05 | 6.47 | 0.68 | 0.98 | 0.69 | 0.81 |
| Interest coverage | 26.4 | 20.3 | 41.7 | 948.7 | 5.9 | 4.0 | 9.7 | 1.7 | 1.7 | 1.4 |
| Working capital | $3.78B | −$128.0M | −$225.0M | −$1.0M | −$1.09B | $3.93B | −$5.81B | $4.14B | −$3.04B | $1.49B |
| Invested capital | $10.97B | $3.45B | $2.32B | $2.38B | $188.30B | $163.03B | $265.45B | $205.53B | $152.88B | $128.76B |
| Tangible asset value | $9.82B | $2.99B | $1.79B | $2.07B | $14.09B | $11.63B | $74.59B | $69.57B | $60.31B | $59.83B |
| Net current asset value | −$1.96B | −$128.0M | −$225.0M | −$1.0M | −$1.79B | −$1.59B | −$172.32B | −$128.69B | −$85.64B | −$68.08B |
| Graham number | $13.55 | $11.22 | $23.84 | $25.54 | $59.41 | $24.58 | $172.04 | $60.37 | $34.87 | $34.73 |
| Graham net-net per share | −$2.91 | −$0.33 | $15.93 | −$3.41 | $3.44 | −$48.75 | −$443.49 | −$92.86 | −$65.70 | −$52.37 |
| Capital allocation | ||||||||||
| Dividends paid | $2.82B | $2.48B | $2.10B | $3.18B | $1.40B | $1.26B | $480.0M | $726.0M | $685.0M | $633.0M |
| Share buybacks (net) | $412.0M | $10.0M | $323.0M | $3.38B | $368.0M | $419.0M | $283.0M | $406.0M | $131.0M | $154.0M |
| Dividend payout ratio | 113.4% | 114.3% | 114.2% | 166.3% | 75.4% | 330.9% | 25.1% | 20.3% | 46.9% | 38.3% |
| Dividends + buybacks / free cash flow | 153.7% | 154.3% | 168.5% | — | 125.2% | 95.3% | 92.1% | 35.4% | 35.2% | 48.9% |
| Capex / revenue | 0.2% | 0.2% | 0.4% | 0.4% | 1.1% | 0.9% | 0.0% | 3.5% | 4.1% | 6.0% |
| Capex / operating cash flow | 0.4% | 0.5% | 1.2% | — | 2.4% | 1.1% | 0.1% | 38.0% | 42.2% | 47.7% |
| Capex / depreciation | 0.23 | 0.57 | 1.21 | 1.00 | 3.18 | 2.86 | 0.17 | 0.63 | 0.72 | 0.73 |
| Stock-based compensation / revenue | 7.6% | 4.3% | 2.1% | −1.3% | 6.4% | 4.6% | 8.4% | — | — | — |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| SG&A / revenue | 1.2% | 1.6% | 1.4% | 2.2% | 4.3% | 5.3% | 4.2% | 0.2% | 0.2% | 0.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 67.2 | 85.0 | 74.9 | 387.3 | 412.1 | 1,179.0 | 2,164.6 | 61.5 | 51.5 | 57.4 |
| Days of inventory on hand | — | — | 1,911.4 | 1,994.3 | -3,498.5 | -5,758.8 | 3,859.7 | 43.7 | 65.7 | 109.5 |
| Days payables outstanding | 503.9 | 274.9 | 285.6 | 349.9 | 304.3 | 8,377.1 | 12,459.4 | 78.2 | 63.0 | 114.1 |
| Cash conversion cycle (days) | -436.7 | -189.8 | 1,700.7 | 2,031.8 | -3,390.7 | -12,956.8 | -6,435.2 | 27.0 | 54.1 | 52.8 |
| Receivables turnover | 5.43 | 4.29 | 4.87 | 0.94 | 0.89 | 0.31 | 0.17 | 5.94 | 7.09 | 6.36 |
| Payables turnover | 0.72 | 1.33 | 1.28 | 1.04 | 1.20 | 0.04 | 0.03 | 4.67 | 5.79 | 3.20 |
| Inventory turnover | — | — | 0.19 | — | — | — | 0.09 | 8.36 | 5.56 | 3.33 |
| Asset turnover | 0.43 | 1.05 | 1.28 | 0.25 | 0.13 | 0.01 | 0.01 | 0.25 | 0.23 | 0.16 |
| Average receivables | $848.8M | $927.0M | $834.0M | $3.85B | $3.48B | $6.96B | $12.89B | $9.56B | $5.75B | $3.84B |
| Average payables | $1.90B | $869.0M | $820.0M | $671.0M | $586.0M | $11.91B | $18.77B | $9.75B | $5.59B | $5.54B |
| Average inventory | — | — | $5.49B | $3.82B | −$6.74B | −$8.19B | $5.82B | $5.44B | $5.83B | $5.32B |
| Intangibles / total assets | 2.7% | 6.6% | 9.1% | 9.7% | 1.2% | 1.4% | 13.0% | 10.8% | 10.1% | 6.2% |
Computed from BAM's annual financial statements (latest annual report filed March 2, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BAM valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Brookfield Asset Management traded at 34.7 times earnings, against a 10-year median of 18.3. Based on the latest twelve months, the trailing P/E is 26.0 and the forward P/E is 20.8. Brookfield Asset Management earned a return on equity of 40.9% and a return on invested capital of 34.5% in fiscal 2025. It ended the year with $3.7 billion of debt and $1.6 billion in cash and short-term investments, net debt of $2.1 billion. It returned $3.2 billion to shareholders: $2.8 billion in dividends and $412.0 million in share buybacks, 154% of free cash flow. The share count rose 12.4% from 1.46B to 1.65B over 9 years.
See the BAM income statement, the BAM chart for price history, or the BAM stock overview for the latest quote and news.
BAM key metrics FAQ
What is Brookfield Asset Management's P/E ratio?
Brookfield Asset Management's trailing P/E ratio is 26.0 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 20.8. At the end of fiscal 2025 it was 34.7, compared with a 10-year median of 18.3.
What is Brookfield Asset Management's EV/EBITDA?
Brookfield Asset Management's enterprise value was 27.3 times EBITDA at the end of fiscal 2025 (enterprise value $88.3 billion, EBITDA $3.2 billion); the current EV/EBITDA is 18.2.
What is Brookfield Asset Management's return on equity?
Brookfield Asset Management's return on equity (ROE) was 40.9% in fiscal 2025: net income of $2.5 billion on average shareholders' equity of $6.1 billion.
What is Brookfield Asset Management's ROIC?
Brookfield Asset Management's return on invested capital was 34.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Brookfield Asset Management have?
Brookfield Asset Management had total debt of $3.7 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.41 and $2.1 billion of net debt (0.64 times EBITDA).
What is Brookfield Asset Management's dividend yield?
Brookfield Asset Management's forward dividend yield is 4.44%. Brookfield Asset Management paid $2.8 billion in dividends in fiscal 2025 ($1.71 per share), a payout ratio of 113.4%.
Does Brookfield Asset Management buy back its shares?
Yes. Brookfield Asset Management spent $412.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +46.8% over the year, to 1.65B..
What is Brookfield Asset Management's free cash flow yield?
Brookfield Asset Management generated $2.1 billion of free cash flow in fiscal 2025, a free cash flow yield of 2.4% on its market value at year-end ($86.2 billion).
What is Brookfield Asset Management's current ratio?
Brookfield Asset Management's current ratio was 4.20 at the end of fiscal 2025: current assets were 4.20 times current liabilities.