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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and CVR ENERGY INC (CVI). Click either name above to swap in a different company.
CVR ENERGY INC is the larger business by last-quarter revenue ($1.8B vs $1.1B, roughly 1.7× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs -6.1%, a 62.8% 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.
CVR Energy Inc is a United States-based energy holding company operating two core segments: petroleum refining and nitrogen fertilizer manufacturing. It produces a wide range of products including gasoline, diesel, jet fuel, and agricultural fertilizers, primarily serving commercial, industrial and agricultural customers across North America.
BAM vs CVI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.8B |
| Net Profit | $615.0M | $-110.0M |
| Gross Margin | — | -3.1% |
| Operating Margin | 84.2% | -5.3% |
| Net Margin | 56.7% | -6.1% |
| Revenue YoY | — | -7.0% |
| Net Profit YoY | — | -492.9% |
| EPS (diluted) | — | $-1.09 |
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 | $1.8B | ||
| Q3 25 | $974.0M | $1.9B | ||
| Q2 25 | $931.0M | $1.8B | ||
| Q1 25 | $954.0M | $1.6B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | $873.0M | $1.8B | ||
| Q2 24 | $821.0M | $2.0B | ||
| Q1 24 | $786.0M | $1.9B |
| Q4 25 | $615.0M | $-110.0M | ||
| Q3 25 | $692.0M | $374.0M | ||
| Q2 25 | $584.0M | $-114.0M | ||
| Q1 25 | $507.0M | $-123.0M | ||
| Q4 24 | — | $28.0M | ||
| Q3 24 | $537.0M | $-124.0M | ||
| Q2 24 | $124.0M | $21.0M | ||
| Q1 24 | $373.0M | $82.0M |
| Q4 25 | — | -3.1% | ||
| Q3 25 | — | 28.8% | ||
| Q2 25 | — | -3.7% | ||
| Q1 25 | — | -5.5% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | -3.9% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 8.6% |
| Q4 25 | 84.2% | -5.3% | ||
| Q3 25 | 79.1% | 26.3% | ||
| Q2 25 | 70.8% | -5.8% | ||
| Q1 25 | 61.0% | -8.0% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | 72.5% | -6.2% | ||
| Q2 24 | 80.4% | 1.4% | ||
| Q1 24 | 56.5% | 6.6% |
| Q4 25 | 56.7% | -6.1% | ||
| Q3 25 | 71.0% | 19.2% | ||
| Q2 25 | 62.7% | -6.5% | ||
| Q1 25 | 53.1% | -7.5% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | 61.5% | -6.8% | ||
| Q2 24 | 15.1% | 1.1% | ||
| Q1 24 | 47.5% | 4.4% |
| Q4 25 | — | $-1.09 | ||
| Q3 25 | — | $3.72 | ||
| Q2 25 | — | $-1.14 | ||
| Q1 25 | — | $-1.22 | ||
| Q4 24 | — | $0.28 | ||
| Q3 24 | — | $-1.24 | ||
| Q2 24 | — | $0.21 | ||
| Q1 24 | — | $0.81 |
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 | $511.0M |
| Total DebtLower is stronger | — | $1.8B |
| Stockholders' EquityBook value | $8.9B | $730.0M |
| Total Assets | $17.0B | $3.7B |
| Debt / EquityLower = less leverage | — | 2.40× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $511.0M | ||
| Q3 25 | $1.1B | $670.0M | ||
| Q2 25 | $480.0M | $596.0M | ||
| Q1 25 | $332.0M | $695.0M | ||
| Q4 24 | — | $987.0M | ||
| Q3 24 | — | $534.0M | ||
| Q2 24 | $10.0M | $586.0M | ||
| Q1 24 | — | $644.0M |
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.6B |
| Q4 25 | $8.9B | $730.0M | ||
| Q3 25 | $8.5B | $840.0M | ||
| Q2 25 | $8.5B | $466.0M | ||
| Q1 25 | $8.5B | $580.0M | ||
| Q4 24 | — | $703.0M | ||
| Q3 24 | $9.0B | $675.0M | ||
| Q2 24 | $3.2B | $849.0M | ||
| Q1 24 | $2.2B | $879.0M |
| Q4 25 | $17.0B | $3.7B | ||
| Q3 25 | $16.5B | $4.0B | ||
| Q2 25 | $16.1B | $4.0B | ||
| Q1 25 | $15.0B | $4.3B | ||
| Q4 24 | — | $4.3B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | $4.2B | $4.0B | ||
| Q1 24 | — | $4.1B |
| Q4 25 | — | 2.40× | ||
| Q3 25 | — | 2.17× | ||
| Q2 25 | — | 3.97× | ||
| Q1 25 | — | 3.29× | ||
| Q4 24 | — | 2.71× | ||
| Q3 24 | — | 2.33× | ||
| Q2 24 | — | 1.86× | ||
| Q1 24 | — | 1.79× |
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 | $0 |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | 0.91× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $562.0M | $0 | ||
| Q3 25 | $745.0M | $163.0M | ||
| Q2 25 | $529.0M | $176.0M | ||
| Q1 25 | $265.0M | $-195.0M | ||
| Q4 24 | — | $98.0M | ||
| Q3 24 | $567.0M | $48.0M | ||
| Q2 24 | $159.0M | $81.0M | ||
| Q1 24 | $516.0M | $177.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | $125.0M | ||
| Q2 25 | — | $135.0M | ||
| Q1 25 | — | $-246.0M | ||
| Q4 24 | — | $43.0M | ||
| Q3 24 | — | $14.0M | ||
| Q2 24 | — | $38.0M | ||
| Q1 24 | — | $130.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | -14.9% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 1.9% | ||
| Q1 24 | — | 7.0% |
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 2.3% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 2.8% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 2.5% |
| Q4 25 | 0.91× | — | ||
| Q3 25 | 1.08× | 0.44× | ||
| Q2 25 | 0.91× | — | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | — | 3.50× | ||
| Q3 24 | 1.06× | — | ||
| Q2 24 | 1.28× | 3.86× | ||
| Q1 24 | 1.38× | 2.16× |
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% |
CVI
| Petroleum Segment | $1.6B | 91% |
| Product UAN | $64.0M | 4% |
| Product Ammonia | $51.0M | 3% |
| Renewables Diesel | $27.0M | 1% |
| Product Urea Products | $8.0M | 0% |
| Renewable Fuel Credits | $7.0M | 0% |
