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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and CIVITAS RESOURCES, INC. (CIVI). Click either name above to swap in a different company.
CIVITAS RESOURCES, INC. is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.1× Brookfield Asset Management Ltd.).
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.
Civitas Resources, Inc. is a U.S.-based sustainable energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It primarily operates across the Denver-Julesburg Basin in Colorado, prioritizing low-emission, responsible energy production to meet diverse North American energy demand.
BAM vs CIVI — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.2B |
| Net Profit | $615.0M | — |
| Gross Margin | — | — |
| Operating Margin | 84.2% | 20.0% |
| Net Margin | 56.7% | — |
| Revenue YoY | — | -8.2% |
| Net Profit YoY | — | — |
| EPS (diluted) | — | $1.99 |
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 | $1.1B | — | ||
| Q3 25 | $974.0M | $1.2B | ||
| Q2 25 | $931.0M | $1.1B | ||
| Q1 25 | $954.0M | $1.2B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $873.0M | $1.3B | ||
| Q2 24 | $821.0M | $1.3B | ||
| Q1 24 | $786.0M | $1.3B |
| Q4 25 | $615.0M | — | ||
| Q3 25 | $692.0M | — | ||
| Q2 25 | $584.0M | — | ||
| Q1 25 | $507.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $537.0M | — | ||
| Q2 24 | $124.0M | — | ||
| Q1 24 | $373.0M | — |
| Q4 25 | 84.2% | — | ||
| Q3 25 | 79.1% | 20.0% | ||
| Q2 25 | 70.8% | 15.3% | ||
| Q1 25 | 61.0% | 20.7% | ||
| Q4 24 | — | 15.4% | ||
| Q3 24 | 72.5% | 30.6% | ||
| Q2 24 | 80.4% | 21.6% | ||
| Q1 24 | 56.5% | 15.9% |
| Q4 25 | 56.7% | — | ||
| Q3 25 | 71.0% | — | ||
| Q2 25 | 62.7% | — | ||
| Q1 25 | 53.1% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 61.5% | — | ||
| Q2 24 | 15.1% | — | ||
| Q1 24 | 47.5% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $1.99 | ||
| Q2 25 | — | $1.34 | ||
| Q1 25 | — | $1.99 | ||
| Q4 24 | — | $1.56 | ||
| Q3 24 | — | $3.01 | ||
| Q2 24 | — | $2.15 | ||
| Q1 24 | — | $1.74 |
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 | $56.0M |
| Total DebtLower is stronger | — | $5.1B |
| Stockholders' EquityBook value | $8.9B | $6.7B |
| Total Assets | $17.0B | $15.1B |
| Debt / EquityLower = less leverage | — | 0.77× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.1B | $56.0M | ||
| Q2 25 | $480.0M | $69.0M | ||
| Q1 25 | $332.0M | $20.0M | ||
| Q4 24 | — | $76.0M | ||
| Q3 24 | — | $47.1M | ||
| Q2 24 | $10.0M | $91.9M | ||
| Q1 24 | — | $52.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.1B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.8B | ||
| Q2 24 | — | $4.9B | ||
| Q1 24 | — | $4.4B |
| Q4 25 | $8.9B | — | ||
| Q3 25 | $8.5B | $6.7B | ||
| Q2 25 | $8.5B | $6.8B | ||
| Q1 25 | $8.5B | $6.7B | ||
| Q4 24 | — | $6.6B | ||
| Q3 24 | $9.0B | $6.7B | ||
| Q2 24 | $3.2B | $6.6B | ||
| Q1 24 | $2.2B | $6.6B |
| Q4 25 | $17.0B | — | ||
| Q3 25 | $16.5B | $15.1B | ||
| Q2 25 | $16.1B | $15.4B | ||
| Q1 25 | $15.0B | $15.3B | ||
| Q4 24 | — | $14.9B | ||
| Q3 24 | — | $15.0B | ||
| Q2 24 | $4.2B | $15.0B | ||
| Q1 24 | — | $15.1B |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.77× | ||
| Q2 25 | — | 0.79× | ||
| Q1 25 | — | 0.76× | ||
| Q4 24 | — | 0.68× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | — | 0.74× | ||
| Q1 24 | — | 0.67× |
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 | $562.0M | $860.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.91× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $562.0M | — | ||
| Q3 25 | $745.0M | $860.0M | ||
| Q2 25 | $529.0M | $298.0M | ||
| Q1 25 | $265.0M | $719.0M | ||
| Q4 24 | — | $858.2M | ||
| Q3 24 | $567.0M | $835.0M | ||
| Q2 24 | $159.0M | $359.0M | ||
| Q1 24 | $516.0M | $813.0M |
| Q4 25 | 0.91× | — | ||
| Q3 25 | 1.08× | — | ||
| Q2 25 | 0.91× | — | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.06× | — | ||
| Q2 24 | 1.28× | — | ||
| Q1 24 | 1.38× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
CIVI
| Crude Oil Natural Gas And Natural Gas Liquids | $1.2B | 99% |
| Oil And Gas Operation And Maintenance | $8.0M | 1% |
| Natural Gas Reserves | $2.0M | 0% |
