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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and ENSIGN GROUP, INC (ENSG). Click either name above to swap in a different company.

ENSIGN GROUP, INC is the larger business by last-quarter revenue ($1.3B vs $1.1B, roughly 1.2× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 7.1%, a 49.6% 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.

Ensign Energy Services Inc. is a publicly traded Canadian company that provides oilfield services for the North American and international market. Founded in 1987, Ensign is headquartered in Calgary, Alberta. Ensign's Common Shares are publicly traded though the facilities of the Toronto Stock Exchange under the trading symbol ESI.

BAM vs ENSG — Head-to-Head

Bigger by revenue
ENSG
ENSG
1.2× larger
ENSG
$1.3B
$1.1B
BAM
Higher net margin
BAM
BAM
49.6% more per $
BAM
56.7%
7.1%
ENSG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BAM
BAM
ENSG
ENSG
Revenue
$1.1B
$1.3B
Net Profit
$615.0M
$95.5M
Gross Margin
20.3%
Operating Margin
84.2%
9.2%
Net Margin
56.7%
7.1%
Revenue YoY
19.0%
Net Profit YoY
19.8%
EPS (diluted)
$1.61

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
ENSG
ENSG
Q4 25
$1.1B
$1.3B
Q3 25
$974.0M
$1.3B
Q2 25
$931.0M
$1.2B
Q1 25
$954.0M
$1.2B
Q4 24
$1.1B
Q3 24
$873.0M
$1.1B
Q2 24
$821.0M
$1.0B
Q1 24
$786.0M
$1.0B
Net Profit
BAM
BAM
ENSG
ENSG
Q4 25
$615.0M
$95.5M
Q3 25
$692.0M
$83.8M
Q2 25
$584.0M
$84.4M
Q1 25
$507.0M
$80.3M
Q4 24
$79.7M
Q3 24
$537.0M
$78.4M
Q2 24
$124.0M
$71.0M
Q1 24
$373.0M
$68.8M
Gross Margin
BAM
BAM
ENSG
ENSG
Q4 25
20.3%
Q3 25
19.0%
Q2 25
20.4%
Q1 25
20.9%
Q4 24
20.8%
Q3 24
20.5%
Q2 24
20.8%
Q1 24
20.9%
Operating Margin
BAM
BAM
ENSG
ENSG
Q4 25
84.2%
9.2%
Q3 25
79.1%
7.5%
Q2 25
70.8%
8.5%
Q1 25
61.0%
8.6%
Q4 24
8.9%
Q3 24
72.5%
8.3%
Q2 24
80.4%
8.3%
Q1 24
56.5%
8.1%
Net Margin
BAM
BAM
ENSG
ENSG
Q4 25
56.7%
7.1%
Q3 25
71.0%
6.5%
Q2 25
62.7%
6.9%
Q1 25
53.1%
6.8%
Q4 24
7.0%
Q3 24
61.5%
7.3%
Q2 24
15.1%
6.9%
Q1 24
47.5%
6.8%
EPS (diluted)
BAM
BAM
ENSG
ENSG
Q4 25
$1.61
Q3 25
$1.42
Q2 25
$1.44
Q1 25
$1.37
Q4 24
$1.37
Q3 24
$1.34
Q2 24
$1.22
Q1 24
$1.19

Balance Sheet & Financial Strength

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

Metric
BAM
BAM
ENSG
ENSG
Cash + ST InvestmentsLiquidity on hand
$1.6B
$572.4M
Total DebtLower is stronger
$144.4M
Stockholders' EquityBook value
$8.9B
$2.2B
Total Assets
$17.0B
$5.5B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAM
BAM
ENSG
ENSG
Q4 25
$1.6B
$572.4M
Q3 25
$1.1B
$506.3M
Q2 25
$480.0M
$418.4M
Q1 25
$332.0M
$344.5M
Q4 24
$526.9M
Q3 24
$571.0M
Q2 24
$10.0M
$501.5M
Q1 24
$526.3M
Total Debt
BAM
BAM
ENSG
ENSG
Q4 25
$144.4M
Q3 25
Q2 25
Q1 25
Q4 24
$148.4M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BAM
BAM
ENSG
ENSG
Q4 25
$8.9B
$2.2B
Q3 25
$8.5B
$2.1B
Q2 25
$8.5B
$2.0B
Q1 25
$8.5B
$1.9B
Q4 24
$1.8B
Q3 24
$9.0B
$1.7B
Q2 24
$3.2B
$1.7B
Q1 24
$2.2B
$1.6B
Total Assets
BAM
BAM
ENSG
ENSG
Q4 25
$17.0B
$5.5B
Q3 25
$16.5B
$5.2B
Q2 25
$16.1B
$4.9B
Q1 25
$15.0B
$4.8B
Q4 24
$4.7B
Q3 24
$4.6B
Q2 24
$4.2B
$4.4B
Q1 24
$4.3B
Debt / Equity
BAM
BAM
ENSG
ENSG
Q4 25
0.06×
Q3 25
Q2 25
Q1 25
Q4 24
0.08×
Q3 24
Q2 24
Q1 24

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
ENSG
ENSG
Operating Cash FlowLast quarter
$562.0M
$183.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.91×
1.92×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAM
BAM
ENSG
ENSG
Q4 25
$562.0M
$183.3M
Q3 25
$745.0M
$153.0M
Q2 25
$529.0M
$155.7M
Q1 25
$265.0M
$72.2M
Q4 24
$100.5M
Q3 24
$567.0M
$134.5M
Q2 24
$159.0M
$76.9M
Q1 24
$516.0M
$35.3M
Cash Conversion
BAM
BAM
ENSG
ENSG
Q4 25
0.91×
1.92×
Q3 25
1.08×
1.82×
Q2 25
0.91×
1.85×
Q1 25
0.52×
0.90×
Q4 24
1.26×
Q3 24
1.06×
1.71×
Q2 24
1.28×
1.08×
Q1 24
1.38×
0.51×

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%

ENSG
ENSG

Skilled Services Segment$1.3B97%
Standard Bearer Segment$34.5M3%

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