vs
Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and GRAPHIC PACKAGING HOLDING CO (GPK). Click either name above to swap in a different company.
GRAPHIC PACKAGING HOLDING CO is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 1.9× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 3.4%, a 53.3% 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.
Graphic Packaging International is a Fortune 500 corporation based in Atlanta, Georgia, United States. It designs and manufactures packaging solutions for commercial products. GPI manufactures paperboard and folding cartons for a wide range of popular consumer goods, particularly beverages and packaged food. The company operates paperboard mills in Kalamazoo, Michigan; Macon, Georgia; Middletown, Ohio; Prosperity, South Carolina; Texarkana, Texas; and West Monroe, Louisiana, that use recycled...
BAM vs GPK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $2.1B |
| Net Profit | $615.0M | $71.0M |
| Gross Margin | — | 14.1% |
| Operating Margin | 84.2% | 7.4% |
| Net Margin | 56.7% | 3.4% |
| Revenue YoY | — | 0.2% |
| Net Profit YoY | — | -48.6% |
| EPS (diluted) | — | $0.24 |
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 | $2.1B | ||
| Q3 25 | $974.0M | $2.2B | ||
| Q2 25 | $931.0M | $2.2B | ||
| Q1 25 | $954.0M | $2.1B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | $873.0M | $2.2B | ||
| Q2 24 | $821.0M | $2.2B | ||
| Q1 24 | $786.0M | $2.3B |
| Q4 25 | $615.0M | $71.0M | ||
| Q3 25 | $692.0M | $142.0M | ||
| Q2 25 | $584.0M | $104.0M | ||
| Q1 25 | $507.0M | $127.0M | ||
| Q4 24 | — | $138.0M | ||
| Q3 24 | $537.0M | $165.0M | ||
| Q2 24 | $124.0M | $190.0M | ||
| Q1 24 | $373.0M | $165.0M |
| Q4 25 | — | 14.1% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 18.7% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 22.3% | ||
| Q2 24 | — | 21.2% | ||
| Q1 24 | — | 23.0% |
| Q4 25 | 84.2% | 7.4% | ||
| Q3 25 | 79.1% | 10.7% | ||
| Q2 25 | 70.8% | 8.8% | ||
| Q1 25 | 61.0% | 10.5% | ||
| Q4 24 | — | 11.4% | ||
| Q3 24 | 72.5% | 12.6% | ||
| Q2 24 | 80.4% | 14.5% | ||
| Q1 24 | 56.5% | 12.4% |
| Q4 25 | 56.7% | 3.4% | ||
| Q3 25 | 71.0% | 6.5% | ||
| Q2 25 | 62.7% | 4.7% | ||
| Q1 25 | 53.1% | 6.0% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | 61.5% | 7.5% | ||
| Q2 24 | 15.1% | 8.5% | ||
| Q1 24 | 47.5% | 7.3% |
| Q4 25 | — | $0.24 | ||
| Q3 25 | — | $0.48 | ||
| Q2 25 | — | $0.34 | ||
| Q1 25 | — | $0.42 | ||
| Q4 24 | — | $0.46 | ||
| Q3 24 | — | $0.55 | ||
| Q2 24 | — | $0.62 | ||
| Q1 24 | — | $0.53 |
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 | $261.0M |
| Total DebtLower is stronger | — | $5.0B |
| Stockholders' EquityBook value | $8.9B | $3.3B |
| Total Assets | $17.0B | $11.8B |
| Debt / EquityLower = less leverage | — | 1.51× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $261.0M | ||
| Q3 25 | $1.1B | $120.0M | ||
| Q2 25 | $480.0M | $120.0M | ||
| Q1 25 | $332.0M | $129.0M | ||
| Q4 24 | — | $157.0M | ||
| Q3 24 | — | $126.0M | ||
| Q2 24 | $10.0M | $125.0M | ||
| Q1 24 | — | $136.0M |
| Q4 25 | — | $5.0B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.7B | ||
| Q4 24 | — | $5.1B | ||
| Q3 24 | — | $5.4B | ||
| Q2 24 | — | $4.9B | ||
| Q1 24 | — | $4.9B |
| Q4 25 | $8.9B | $3.3B | ||
| Q3 25 | $8.5B | $3.3B | ||
| Q2 25 | $8.5B | $3.2B | ||
| Q1 25 | $8.5B | $3.2B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | $9.0B | $3.0B | ||
| Q2 24 | $3.2B | $2.8B | ||
| Q1 24 | $2.2B | $2.9B |
| Q4 25 | $17.0B | $11.8B | ||
| Q3 25 | $16.5B | $11.9B | ||
| Q2 25 | $16.1B | $11.8B | ||
| Q1 25 | $15.0B | $11.5B | ||
| Q4 24 | — | $11.1B | ||
| Q3 24 | — | $11.2B | ||
| Q2 24 | $4.2B | $10.8B | ||
| Q1 24 | — | $11.3B |
| Q4 25 | — | 1.51× | ||
| Q3 25 | — | 1.67× | ||
| Q2 25 | — | 1.68× | ||
| Q1 25 | — | 1.80× | ||
| Q4 24 | — | 1.71× | ||
| Q3 24 | — | 1.79× | ||
| Q2 24 | — | 1.75× | ||
| Q1 24 | — | 1.73× |
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 | $521.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.91× | 7.34× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $562.0M | $521.0M | ||
| Q3 25 | $745.0M | $227.0M | ||
| Q2 25 | $529.0M | $267.0M | ||
| Q1 25 | $265.0M | $-174.0M | ||
| Q4 24 | — | $489.0M | ||
| Q3 24 | $567.0M | $187.0M | ||
| Q2 24 | $159.0M | $161.0M | ||
| Q1 24 | $516.0M | $3.0M |
| Q4 25 | 0.91× | 7.34× | ||
| Q3 25 | 1.08× | 1.60× | ||
| Q2 25 | 0.91× | 2.57× | ||
| Q1 25 | 0.52× | -1.37× | ||
| Q4 24 | — | 3.54× | ||
| Q3 24 | 1.06× | 1.13× | ||
| Q2 24 | 1.28× | 0.85× | ||
| Q1 24 | 1.38× | 0.02× |
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% |
GPK
| Americas Paperboard Packaging | $1.4B | 68% |
| Other | $667.0M | 32% |
