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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and DONALDSON Co INC (DCI). 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 $935.4M, roughly 1.2× DONALDSON Co 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.
Donaldson Company, Inc. is a filtration company engaged in the production and marketing of filtration products used in a variety of industry sectors, including commercial/industrial, aerospace, chemical, alternative energy (windmills), food & beverage, and pharmaceuticals. Also the company's research division, located in Minneapolis, Minn., participated in defense-related projects for various military applications.
BAM vs DCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $935.4M |
| Net Profit | $615.0M | $113.9M |
| Gross Margin | — | 35.2% |
| Operating Margin | 84.2% | 16.0% |
| Net Margin | 56.7% | 12.2% |
| Revenue YoY | — | 3.9% |
| Net Profit YoY | — | 15.1% |
| 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 | $1.1B | $935.4M | ||
| Q3 25 | $974.0M | $980.7M | ||
| Q2 25 | $931.0M | $940.1M | ||
| Q1 25 | $954.0M | $870.0M | ||
| Q4 24 | — | $900.1M | ||
| Q3 24 | $873.0M | $935.4M | ||
| Q2 24 | $821.0M | $927.9M | ||
| Q1 24 | $786.0M | $876.7M |
| Q4 25 | $615.0M | $113.9M | ||
| Q3 25 | $692.0M | $114.3M | ||
| Q2 25 | $584.0M | $57.8M | ||
| Q1 25 | $507.0M | $95.9M | ||
| Q4 24 | — | $99.0M | ||
| Q3 24 | $537.0M | $109.7M | ||
| Q2 24 | $124.0M | $113.5M | ||
| Q1 24 | $373.0M | $98.7M |
| Q4 25 | — | 35.2% | ||
| Q3 25 | — | 34.5% | ||
| Q2 25 | — | 34.2% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 35.5% | ||
| Q3 24 | — | 35.8% | ||
| Q2 24 | — | 35.6% | ||
| Q1 24 | — | 35.2% |
| Q4 25 | 84.2% | 16.0% | ||
| Q3 25 | 79.1% | 15.5% | ||
| Q2 25 | 70.8% | 9.3% | ||
| Q1 25 | 61.0% | 14.4% | ||
| Q4 24 | — | 14.5% | ||
| Q3 24 | 72.5% | 15.6% | ||
| Q2 24 | 80.4% | 15.5% | ||
| Q1 24 | 56.5% | 14.8% |
| Q4 25 | 56.7% | 12.2% | ||
| Q3 25 | 71.0% | 11.7% | ||
| Q2 25 | 62.7% | 6.1% | ||
| Q1 25 | 53.1% | 11.0% | ||
| Q4 24 | — | 11.0% | ||
| Q3 24 | 61.5% | 11.7% | ||
| Q2 24 | 15.1% | 12.2% | ||
| Q1 24 | 47.5% | 11.3% |
| Q4 25 | — | $0.97 | ||
| Q3 25 | — | $0.97 | ||
| Q2 25 | — | $0.48 | ||
| Q1 25 | — | $0.79 | ||
| Q4 24 | — | $0.81 | ||
| Q3 24 | — | $0.90 | ||
| Q2 24 | — | $0.92 | ||
| 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 | $210.7M |
| Total DebtLower is stronger | — | $671.5M |
| Stockholders' EquityBook value | $8.9B | $1.5B |
| Total Assets | $17.0B | $3.0B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $210.7M | ||
| Q3 25 | $1.1B | $180.4M | ||
| Q2 25 | $480.0M | $178.5M | ||
| Q1 25 | $332.0M | $189.1M | ||
| Q4 24 | — | $221.2M | ||
| Q3 24 | — | $232.7M | ||
| Q2 24 | $10.0M | $223.7M | ||
| Q1 24 | — | $193.8M |
| Q4 25 | — | $671.5M | ||
| Q3 25 | — | $630.4M | ||
| Q2 25 | — | $638.8M | ||
| Q1 25 | — | $514.7M | ||
| Q4 24 | — | $538.6M | ||
| Q3 24 | — | $483.4M | ||
| Q2 24 | — | $481.8M | ||
| Q1 24 | — | $352.0M |
| Q4 25 | $8.9B | $1.5B | ||
| Q3 25 | $8.5B | $1.5B | ||
| Q2 25 | $8.5B | $1.5B | ||
| Q1 25 | $8.5B | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $9.0B | $1.5B | ||
| Q2 24 | $3.2B | $1.5B | ||
| Q1 24 | $2.2B | $1.4B |
| Q4 25 | $17.0B | $3.0B | ||
| Q3 25 | $16.5B | $3.0B | ||
| Q2 25 | $16.1B | $3.0B | ||
| Q1 25 | $15.0B | $3.0B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | $4.2B | $2.9B | ||
| Q1 24 | — | $2.8B |
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.35× | ||
| Q3 24 | — | 0.32× | ||
| Q2 24 | — | 0.32× | ||
| Q1 24 | — | 0.26× |
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 | $125.4M |
| Free Cash FlowOCF − Capex | — | $111.2M |
| FCF MarginFCF / Revenue | — | 11.9% |
| Capex IntensityCapex / Revenue | — | 1.5% |
| Cash ConversionOCF / Net Profit | 0.91× | 1.10× |
| TTM Free Cash FlowTrailing 4 quarters | — | $403.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $562.0M | $125.4M | ||
| Q3 25 | $745.0M | $167.8M | ||
| Q2 25 | $529.0M | $87.7M | ||
| Q1 25 | $265.0M | $90.4M | ||
| Q4 24 | — | $72.9M | ||
| Q3 24 | $567.0M | $126.0M | ||
| Q2 24 | $159.0M | $141.5M | ||
| Q1 24 | $516.0M | $87.0M |
| Q4 25 | — | $111.2M | ||
| Q3 25 | — | $147.5M | ||
| Q2 25 | — | $73.0M | ||
| Q1 25 | — | $71.5M | ||
| Q4 24 | — | $47.9M | ||
| Q3 24 | — | $106.2M | ||
| Q2 24 | — | $120.2M | ||
| Q1 24 | — | $65.7M |
| Q4 25 | — | 11.9% | ||
| Q3 25 | — | 15.0% | ||
| Q2 25 | — | 7.8% | ||
| Q1 25 | — | 8.2% | ||
| Q4 24 | — | 5.3% | ||
| Q3 24 | — | 11.4% | ||
| Q2 24 | — | 13.0% | ||
| Q1 24 | — | 7.5% |
| Q4 25 | — | 1.5% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 2.8% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 2.4% |
| Q4 25 | 0.91× | 1.10× | ||
| Q3 25 | 1.08× | 1.47× | ||
| Q2 25 | 0.91× | 1.52× | ||
| Q1 25 | 0.52× | 0.94× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | 1.06× | 1.15× | ||
| Q2 24 | 1.28× | 1.25× | ||
| Q1 24 | 1.38× | 0.88× |
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% |
DCI
| Aftermarket Products | $447.1M | 48% |
| Industrial Filtration Solutions Products | $222.6M | 24% |
| Off Road Products | $86.5M | 9% |
| Life Sciences Segment | $80.0M | 9% |
| Other | $39.1M | 4% |
| Aerospace And Defense Products | $37.1M | 4% |
| On Road Products | $23.0M | 2% |
