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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and Equity Residential (EQR). Click either name above to swap in a different company.
Brookfield Asset Management Ltd. is the larger business by last-quarter revenue ($1.3B vs $781.9M, roughly 1.7× Equity Residential). Equity Residential runs the higher net margin — 48.9% vs 43.8%, a 5.1% gap on every dollar of revenue. On growth, Brookfield Asset Management Ltd. posted the faster year-over-year revenue change (23.8% vs 2.0%). Over the past eight quarters, Brookfield Asset Management Ltd.'s revenue compounded faster (30.5% CAGR vs 3.4%).
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.
Equity Residential is a United States–based publicly traded real estate investment trust that invests in apartments.
BAM vs EQR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $781.9M |
| Net Profit | $586.0M | $382.1M |
| Gross Margin | — | — |
| Operating Margin | — | 50.6% |
| Net Margin | 43.8% | 48.9% |
| Revenue YoY | 23.8% | 2.0% |
| Net Profit YoY | 15.6% | -8.8% |
| EPS (diluted) | $0.38 | $1.01 |
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.
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.1B | $781.9M | ||
| Q3 25 | $974.0M | $782.4M | ||
| Q2 25 | $931.0M | $768.8M | ||
| Q1 25 | $954.0M | $760.8M | ||
| Q4 24 | — | $766.8M | ||
| Q3 24 | $873.0M | $748.3M | ||
| Q2 24 | $821.0M | $734.2M |
| Q1 26 | $586.0M | — | ||
| Q4 25 | $615.0M | $382.1M | ||
| Q3 25 | $692.0M | $289.1M | ||
| Q2 25 | $584.0M | $192.4M | ||
| Q1 25 | $507.0M | $256.6M | ||
| Q4 24 | — | $419.1M | ||
| Q3 24 | $537.0M | $143.4M | ||
| Q2 24 | $124.0M | $177.5M |
| Q1 26 | — | — | ||
| Q4 25 | 84.2% | 50.6% | ||
| Q3 25 | 79.1% | 38.5% | ||
| Q2 25 | 70.8% | 26.6% | ||
| Q1 25 | 61.0% | 35.7% | ||
| Q4 24 | — | 57.2% | ||
| Q3 24 | 72.5% | 20.1% | ||
| Q2 24 | 80.4% | 25.3% |
| Q1 26 | 43.8% | — | ||
| Q4 25 | 56.7% | 48.9% | ||
| Q3 25 | 71.0% | 36.9% | ||
| Q2 25 | 62.7% | 25.0% | ||
| Q1 25 | 53.1% | 33.7% | ||
| Q4 24 | — | 54.7% | ||
| Q3 24 | 61.5% | 19.2% | ||
| Q2 24 | 15.1% | 24.2% |
| Q1 26 | $0.38 | — | ||
| Q4 25 | — | $1.01 | ||
| Q3 25 | — | $0.76 | ||
| Q2 25 | — | $0.50 | ||
| Q1 25 | — | $0.67 | ||
| Q4 24 | — | $1.10 | ||
| Q3 24 | — | $0.38 | ||
| Q2 24 | — | $0.47 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0M | $55.9M |
| Total DebtLower is stronger | — | $8.2B |
| Stockholders' EquityBook value | $8.6M | $11.0B |
| Total Assets | $17.9M | $20.7B |
| Debt / EquityLower = less leverage | — | 0.75× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.0M | — | ||
| Q4 25 | $1.6B | $55.9M | ||
| Q3 25 | $1.1B | $93.1M | ||
| Q2 25 | $480.0M | $31.3M | ||
| Q1 25 | $332.0M | $39.8M | ||
| Q4 24 | — | $62.3M | ||
| Q3 24 | — | $28.6M | ||
| Q2 24 | $10.0M | $38.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $8.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $8.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $8.6M | — | ||
| Q4 25 | $8.9B | $11.0B | ||
| Q3 25 | $8.5B | $11.1B | ||
| Q2 25 | $8.5B | $11.0B | ||
| Q1 25 | $8.5B | $11.0B | ||
| Q4 24 | — | $11.0B | ||
| Q3 24 | $9.0B | $10.9B | ||
| Q2 24 | $3.2B | $11.0B |
| Q1 26 | $17.9M | — | ||
| Q4 25 | $17.0B | $20.7B | ||
| Q3 25 | $16.5B | $21.1B | ||
| Q2 25 | $16.1B | $21.0B | ||
| Q1 25 | $15.0B | $20.6B | ||
| Q4 24 | — | $20.8B | ||
| Q3 24 | — | $20.9B | ||
| Q2 24 | $4.2B | $19.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.75× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $387.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.01× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $562.0M | $387.0M | ||
| Q3 25 | $745.0M | $476.7M | ||
| Q2 25 | $529.0M | $359.5M | ||
| Q1 25 | $265.0M | $425.5M | ||
| Q4 24 | — | $354.2M | ||
| Q3 24 | $567.0M | $401.4M | ||
| Q2 24 | $159.0M | $396.9M |
| Q1 26 | — | — | ||
| Q4 25 | 0.91× | 1.01× | ||
| Q3 25 | 1.08× | 1.65× | ||
| Q2 25 | 0.91× | 1.87× | ||
| Q1 25 | 0.52× | 1.66× | ||
| Q4 24 | — | 0.85× | ||
| Q3 24 | 1.06× | 2.80× | ||
| Q2 24 | 1.28× | 2.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BAM
| Management and incentive fee revenues | $990.0M | 74% |
| Other revenues | $236.0M | 18% |
| Other | $112.0M | 8% |
EQR
Segment breakdown not available.
