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Side-by-side financial comparison of Acadian Asset Management Inc. (AAMI) and Brookfield Asset Management Ltd. (BAM). Click either name above to swap in a different company.
Brookfield Asset Management Ltd. is the larger business by last-quarter revenue ($1.1B vs $172.2M, roughly 6.3× Acadian Asset Management Inc.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 20.2%, a 36.5% gap on every dollar of revenue.
United Asset Management was an American holding company headquartered in Boston, Massachusetts.
Brookfield Asset Management Ltd. is a Canadian-American alternative asset manager. The company was founded in December 2022 as a spin-off of the asset management operations of Brookfield Corporation, and manages investments across real estate, infrastructure, renewable energy, private equity, and credit markets globally.
AAMI vs BAM — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $172.2M | $1.1B |
| Net Profit | $34.7M | $615.0M |
| Gross Margin | — | — |
| Operating Margin | 33.3% | 84.2% |
| Net Margin | 20.2% | 56.7% |
| Revenue YoY | 2.6% | — |
| Net Profit YoY | -18.4% | — |
| EPS (diluted) | $0.97 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $172.2M | $1.1B | ||
| Q3 25 | $144.2M | $974.0M | ||
| Q2 25 | $127.4M | $931.0M | ||
| Q1 25 | $119.9M | $954.0M | ||
| Q4 24 | $167.8M | — | ||
| Q3 24 | $123.1M | $873.0M | ||
| Q2 24 | $109.0M | $821.0M | ||
| Q1 24 | $105.7M | $786.0M |
| Q4 25 | $34.7M | $615.0M | ||
| Q3 25 | $15.1M | $692.0M | ||
| Q2 25 | $10.1M | $584.0M | ||
| Q1 25 | $20.1M | $507.0M | ||
| Q4 24 | $42.5M | — | ||
| Q3 24 | $16.9M | $537.0M | ||
| Q2 24 | $11.0M | $124.0M | ||
| Q1 24 | $14.6M | $373.0M |
| Q4 25 | 33.3% | 84.2% | ||
| Q3 25 | 18.4% | 79.1% | ||
| Q2 25 | 12.7% | 70.8% | ||
| Q1 25 | 26.6% | 61.0% | ||
| Q4 24 | 38.7% | — | ||
| Q3 24 | 21.9% | 72.5% | ||
| Q2 24 | 18.9% | 80.4% | ||
| Q1 24 | 21.7% | 56.5% |
| Q4 25 | 20.2% | 56.7% | ||
| Q3 25 | 10.5% | 71.0% | ||
| Q2 25 | 7.9% | 62.7% | ||
| Q1 25 | 16.8% | 53.1% | ||
| Q4 24 | 25.3% | — | ||
| Q3 24 | 13.7% | 61.5% | ||
| Q2 24 | 10.1% | 15.1% | ||
| Q1 24 | 13.8% | 47.5% |
| Q4 25 | $0.97 | — | ||
| Q3 25 | $0.42 | — | ||
| Q2 25 | $0.28 | — | ||
| Q1 25 | $0.54 | — | ||
| Q4 24 | $1.11 | — | ||
| Q3 24 | $0.45 | — | ||
| Q2 24 | $0.29 | — | ||
| Q1 24 | $0.37 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.6B |
| Total DebtLower is stronger | $200.0M | — |
| Stockholders' EquityBook value | — | $8.9B |
| Total Assets | $677.0M | $17.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $480.0M | ||
| Q1 25 | — | $332.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $10.0M | ||
| Q1 24 | — | — |
| Q4 25 | $200.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $275.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $8.9B | ||
| Q3 25 | — | $8.5B | ||
| Q2 25 | — | $8.5B | ||
| Q1 25 | — | $8.5B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $9.0B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $2.2B |
| Q4 25 | $677.0M | $17.0B | ||
| Q3 25 | $751.4M | $16.5B | ||
| Q2 25 | $672.3M | $16.1B | ||
| Q1 25 | $677.3M | $15.0B | ||
| Q4 24 | $703.2M | — | ||
| Q3 24 | $555.2M | — | ||
| Q2 24 | $533.1M | $4.2B | ||
| Q1 24 | $544.9M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $8.7M | $562.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.25× | 0.91× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.7M | $562.0M | ||
| Q3 25 | $-23.9M | $745.0M | ||
| Q2 25 | $61.6M | $529.0M | ||
| Q1 25 | $-48.8M | $265.0M | ||
| Q4 24 | $-19.1M | — | ||
| Q3 24 | $69.6M | $567.0M | ||
| Q2 24 | $45.7M | $159.0M | ||
| Q1 24 | $-40.4M | $516.0M |
| Q4 25 | 0.25× | 0.91× | ||
| Q3 25 | -1.58× | 1.08× | ||
| Q2 25 | 6.10× | 0.91× | ||
| Q1 25 | -2.43× | 0.52× | ||
| Q4 24 | -0.45× | — | ||
| Q3 24 | 4.12× | 1.06× | ||
| Q2 24 | 4.15× | 1.28× | ||
| Q1 24 | -2.77× | 1.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AAMI
Segment breakdown not available.
BAM
| Incentive Fees | $452.0M | 42% |
| Infrastruture | $332.0M | 31% |
| Private Equity | $174.0M | 16% |
| Renewable Power And Transition | $66.0M | 6% |
| Other | $47.0M | 4% |
| Management And Advisory Fees | $14.0M | 1% |
