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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) 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 $789.6M, roughly 1.4× Atour Lifestyle Holdings Ltd). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 17.6%, a 39.1% gap on every dollar of revenue.

Atour Lifestyle Holdings Ltd is a leading China-based hospitality and lifestyle enterprise. It operates a wide portfolio of mid-to-premium hotel brands for business and leisure travelers, and offers complementary lifestyle retail products and experience services, catering primarily to middle-class consumers across domestic and selected overseas markets.

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.

ATAT vs BAM — Head-to-Head

Bigger by revenue
BAM
BAM
1.4× larger
BAM
$1.1B
$789.6M
ATAT
Higher net margin
BAM
BAM
39.1% more per $
BAM
56.7%
17.6%
ATAT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ATAT
ATAT
BAM
BAM
Revenue
$789.6M
$1.1B
Net Profit
$139.1M
$615.0M
Gross Margin
Operating Margin
22.5%
84.2%
Net Margin
17.6%
56.7%
Revenue YoY
252.5%
Net Profit YoY
322.2%
EPS (diluted)
$0.33

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.

Revenue
ATAT
ATAT
BAM
BAM
Q4 25
$1.1B
Q3 25
$789.6M
$974.0M
Q2 25
$931.0M
Q1 25
$954.0M
Q3 24
$224.0M
$873.0M
Q2 24
$821.0M
Q1 24
$203.4M
$786.0M
Q1 23
$106.8M
Net Profit
ATAT
ATAT
BAM
BAM
Q4 25
$615.0M
Q3 25
$139.1M
$692.0M
Q2 25
$584.0M
Q1 25
$507.0M
Q3 24
$33.0M
$537.0M
Q2 24
$124.0M
Q1 24
$35.6M
$373.0M
Q1 23
$2.5M
Operating Margin
ATAT
ATAT
BAM
BAM
Q4 25
84.2%
Q3 25
22.5%
79.1%
Q2 25
70.8%
Q1 25
61.0%
Q3 24
14.7%
72.5%
Q2 24
80.4%
Q1 24
22.1%
56.5%
Q1 23
8.0%
Net Margin
ATAT
ATAT
BAM
BAM
Q4 25
56.7%
Q3 25
17.6%
71.0%
Q2 25
62.7%
Q1 25
53.1%
Q3 24
14.7%
61.5%
Q2 24
15.1%
Q1 24
17.5%
47.5%
Q1 23
2.3%
EPS (diluted)
ATAT
ATAT
BAM
BAM
Q4 25
Q3 25
$0.33
Q2 25
Q1 25
Q3 24
$0.08
Q2 24
Q1 24
$0.09
Q1 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATAT
ATAT
BAM
BAM
Cash + ST InvestmentsLiquidity on hand
$669.2M
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$405.0M
$8.9B
Total Assets
$1.1B
$17.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATAT
ATAT
BAM
BAM
Q4 25
$1.6B
Q3 25
$669.2M
$1.1B
Q2 25
$480.0M
Q1 25
$332.0M
Q3 24
$506.0M
Q2 24
$10.0M
Q1 24
$520.7M
Q1 23
$272.5M
Total Debt
ATAT
ATAT
BAM
BAM
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
$277.0K
Q1 23
Stockholders' Equity
ATAT
ATAT
BAM
BAM
Q4 25
$8.9B
Q3 25
$405.0M
$8.5B
Q2 25
$8.5B
Q1 25
$8.5B
Q3 24
$291.3M
$9.0B
Q2 24
$3.2B
Q1 24
$323.5M
$2.2B
Q1 23
$185.5M
Total Assets
ATAT
ATAT
BAM
BAM
Q4 25
$17.0B
Q3 25
$1.1B
$16.5B
Q2 25
$16.1B
Q1 25
$15.0B
Q3 24
$927.8M
Q2 24
$4.2B
Q1 24
$936.3M
Q1 23
Debt / Equity
ATAT
ATAT
BAM
BAM
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
0.00×
Q1 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATAT
ATAT
BAM
BAM
Operating Cash FlowLast quarter
$216.6M
$562.0M
Free Cash FlowOCF − Capex
$210.7M
FCF MarginFCF / Revenue
26.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.56×
0.91×
TTM Free Cash FlowTrailing 4 quarters
$359.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATAT
ATAT
BAM
BAM
Q4 25
$562.0M
Q3 25
$216.6M
$745.0M
Q2 25
$529.0M
Q1 25
$265.0M
Q3 24
$84.8M
$567.0M
Q2 24
$159.0M
Q1 24
$19.8M
$516.0M
Q1 23
$49.9M
Free Cash Flow
ATAT
ATAT
BAM
BAM
Q4 25
Q3 25
$210.7M
Q2 25
Q1 25
Q3 24
$83.3M
Q2 24
Q1 24
$18.1M
Q1 23
$47.5M
FCF Margin
ATAT
ATAT
BAM
BAM
Q4 25
Q3 25
26.7%
Q2 25
Q1 25
Q3 24
37.2%
Q2 24
Q1 24
8.9%
Q1 23
44.5%
Capex Intensity
ATAT
ATAT
BAM
BAM
Q4 25
Q3 25
0.8%
Q2 25
Q1 25
Q3 24
0.7%
Q2 24
Q1 24
0.9%
Q1 23
2.3%
Cash Conversion
ATAT
ATAT
BAM
BAM
Q4 25
0.91×
Q3 25
1.56×
1.08×
Q2 25
0.91×
Q1 25
0.52×
Q3 24
2.57×
1.06×
Q2 24
1.28×
Q1 24
0.56×
1.38×
Q1 23
20.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATAT
ATAT

Segment breakdown not available.

BAM
BAM

Incentive Fees$452.0M42%
Infrastruture$332.0M31%
Private Equity$174.0M16%
Renewable Power And Transition$66.0M6%
Other$47.0M4%
Management And Advisory Fees$14.0M1%

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