vs

Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and Boot Barn Holdings, Inc. (BOOT). 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 $705.6M, roughly 1.5× Boot Barn Holdings, Inc.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 12.2%, a 44.5% gap on every dollar of revenue.

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.

Henry Boot plc is a British property development business based in Sheffield, England. It was floated on the London Stock Exchange in 1919, becoming the first quoted housebuilder. Between the wars, Henry Boot built more houses than any other company. The company remains a significant construction and property management company operating in the UK.

BAM vs BOOT — Head-to-Head

Bigger by revenue
BAM
BAM
1.5× larger
BAM
$1.1B
$705.6M
BOOT
Higher net margin
BAM
BAM
44.5% more per $
BAM
56.7%
12.2%
BOOT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BAM
BAM
BOOT
BOOT
Revenue
$1.1B
$705.6M
Net Profit
$615.0M
$85.8M
Gross Margin
39.9%
Operating Margin
84.2%
16.3%
Net Margin
56.7%
12.2%
Revenue YoY
16.0%
Net Profit YoY
14.3%
EPS (diluted)
$2.79

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
BAM
BAM
BOOT
BOOT
Q4 25
$1.1B
$705.6M
Q3 25
$974.0M
$505.4M
Q2 25
$931.0M
$504.1M
Q1 25
$954.0M
$453.7M
Q4 24
$608.2M
Q3 24
$873.0M
$425.8M
Q2 24
$821.0M
$423.4M
Q1 24
$786.0M
$388.5M
Net Profit
BAM
BAM
BOOT
BOOT
Q4 25
$615.0M
$85.8M
Q3 25
$692.0M
$42.2M
Q2 25
$584.0M
$53.4M
Q1 25
$507.0M
$37.5M
Q4 24
$75.1M
Q3 24
$537.0M
$29.4M
Q2 24
$124.0M
$38.9M
Q1 24
$373.0M
$29.4M
Gross Margin
BAM
BAM
BOOT
BOOT
Q4 25
39.9%
Q3 25
36.4%
Q2 25
39.1%
Q1 25
37.1%
Q4 24
39.3%
Q3 24
35.9%
Q2 24
37.0%
Q1 24
35.9%
Operating Margin
BAM
BAM
BOOT
BOOT
Q4 25
84.2%
16.3%
Q3 25
79.1%
11.2%
Q2 25
70.8%
14.0%
Q1 25
61.0%
11.0%
Q4 24
16.4%
Q3 24
72.5%
9.4%
Q2 24
80.4%
11.9%
Q1 24
56.5%
9.8%
Net Margin
BAM
BAM
BOOT
BOOT
Q4 25
56.7%
12.2%
Q3 25
71.0%
8.4%
Q2 25
62.7%
10.6%
Q1 25
53.1%
8.3%
Q4 24
12.3%
Q3 24
61.5%
6.9%
Q2 24
15.1%
9.2%
Q1 24
47.5%
7.6%
EPS (diluted)
BAM
BAM
BOOT
BOOT
Q4 25
$2.79
Q3 25
$1.37
Q2 25
$1.74
Q1 25
$1.24
Q4 24
$2.43
Q3 24
$0.95
Q2 24
$1.26
Q1 24
$0.96

Balance Sheet & Financial Strength

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

Metric
BAM
BAM
BOOT
BOOT
Cash + ST InvestmentsLiquidity on hand
$1.6B
$200.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$8.9B
$1.3B
Total Assets
$17.0B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAM
BAM
BOOT
BOOT
Q4 25
$1.6B
$200.1M
Q3 25
$1.1B
$64.7M
Q2 25
$480.0M
$95.3M
Q1 25
$332.0M
$69.8M
Q4 24
$152.9M
Q3 24
$37.4M
Q2 24
$10.0M
$83.4M
Q1 24
$75.8M
Stockholders' Equity
BAM
BAM
BOOT
BOOT
Q4 25
$8.9B
$1.3B
Q3 25
$8.5B
$1.2B
Q2 25
$8.5B
$1.2B
Q1 25
$8.5B
$1.1B
Q4 24
$1.1B
Q3 24
$9.0B
$1.0B
Q2 24
$3.2B
$981.8M
Q1 24
$2.2B
$943.6M
Total Assets
BAM
BAM
BOOT
BOOT
Q4 25
$17.0B
$2.4B
Q3 25
$16.5B
$2.3B
Q2 25
$16.1B
$2.1B
Q1 25
$15.0B
$2.0B
Q4 24
$2.0B
Q3 24
$1.9B
Q2 24
$4.2B
$1.8B
Q1 24
$1.7B

Cash Flow & Capital Efficiency

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

Metric
BAM
BAM
BOOT
BOOT
Operating Cash FlowLast quarter
$562.0M
$209.7M
Free Cash FlowOCF − Capex
$148.0M
FCF MarginFCF / Revenue
21.0%
Capex IntensityCapex / Revenue
8.7%
Cash ConversionOCF / Net Profit
0.91×
2.44×
TTM Free Cash FlowTrailing 4 quarters
$89.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAM
BAM
BOOT
BOOT
Q4 25
$562.0M
$209.7M
Q3 25
$745.0M
$25.7M
Q2 25
$529.0M
$73.8M
Q1 25
$265.0M
$-43.1M
Q4 24
$157.1M
Q3 24
$567.0M
$-7.8M
Q2 24
$159.0M
$41.3M
Q1 24
$516.0M
Free Cash Flow
BAM
BAM
BOOT
BOOT
Q4 25
$148.0M
Q3 25
$-17.5M
Q2 25
$42.4M
Q1 25
$-83.1M
Q4 24
$114.2M
Q3 24
$-46.1M
Q2 24
$14.2M
Q1 24
FCF Margin
BAM
BAM
BOOT
BOOT
Q4 25
21.0%
Q3 25
-3.5%
Q2 25
8.4%
Q1 25
-18.3%
Q4 24
18.8%
Q3 24
-10.8%
Q2 24
3.4%
Q1 24
Capex Intensity
BAM
BAM
BOOT
BOOT
Q4 25
8.7%
Q3 25
8.6%
Q2 25
6.2%
Q1 25
8.8%
Q4 24
7.1%
Q3 24
9.0%
Q2 24
6.4%
Q1 24
Cash Conversion
BAM
BAM
BOOT
BOOT
Q4 25
0.91×
2.44×
Q3 25
1.08×
0.61×
Q2 25
0.91×
1.38×
Q1 25
0.52×
-1.15×
Q4 24
2.09×
Q3 24
1.06×
-0.26×
Q2 24
1.28×
1.06×
Q1 24
1.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

BOOT
BOOT

Segment breakdown not available.

Related Comparisons