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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and Hubbell Incorporated (HUBB). Click either name above to swap in a different company.

Hubbell Incorporated is the larger business by last-quarter revenue ($1.5B vs $1.3B, roughly 1.1× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 43.8% vs 14.6%, a 29.2% gap on every dollar of revenue. On growth, Brookfield Asset Management Ltd. posted the faster year-over-year revenue change (23.8% vs 11.9%). Over the past eight quarters, Brookfield Asset Management Ltd.'s revenue compounded faster (30.5% CAGR vs 3.3%).

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.

Hubbell Incorporated, headquartered in Shelton, Connecticut, is an American company that designs, manufactures, and sells electrical and electronic products for non-residential and residential construction, industrial, and utility applications. Hubbell was founded by Harvey Hubbell as a proprietorship in 1888, and was incorporated in Connecticut in 1905.

BAM vs HUBB — Head-to-Head

Bigger by revenue
HUBB
HUBB
1.1× larger
HUBB
$1.5B
$1.3B
BAM
Growing faster (revenue YoY)
BAM
BAM
+11.9% gap
BAM
23.8%
11.9%
HUBB
Higher net margin
BAM
BAM
29.2% more per $
BAM
43.8%
14.6%
HUBB
Faster 2-yr revenue CAGR
BAM
BAM
Annualised
BAM
30.5%
3.3%
HUBB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BAM
BAM
HUBB
HUBB
Revenue
$1.3B
$1.5B
Net Profit
$586.0M
$217.7M
Gross Margin
34.6%
Operating Margin
20.3%
Net Margin
43.8%
14.6%
Revenue YoY
23.8%
11.9%
Net Profit YoY
15.6%
10.5%
EPS (diluted)
$0.38
$4.06

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
HUBB
HUBB
Q1 26
$1.3B
Q4 25
$1.1B
$1.5B
Q3 25
$974.0M
$1.5B
Q2 25
$931.0M
$1.5B
Q1 25
$954.0M
$1.4B
Q4 24
$1.3B
Q3 24
$873.0M
$1.4B
Q2 24
$821.0M
$1.5B
Net Profit
BAM
BAM
HUBB
HUBB
Q1 26
$586.0M
Q4 25
$615.0M
$217.7M
Q3 25
$692.0M
$255.5M
Q2 25
$584.0M
$244.2M
Q1 25
$507.0M
$169.7M
Q4 24
$197.0M
Q3 24
$537.0M
$219.4M
Q2 24
$124.0M
$213.6M
Gross Margin
BAM
BAM
HUBB
HUBB
Q1 26
Q4 25
34.6%
Q3 25
36.2%
Q2 25
37.2%
Q1 25
33.1%
Q4 24
33.8%
Q3 24
34.5%
Q2 24
35.0%
Operating Margin
BAM
BAM
HUBB
HUBB
Q1 26
Q4 25
84.2%
20.3%
Q3 25
79.1%
22.0%
Q2 25
70.8%
22.7%
Q1 25
61.0%
17.5%
Q4 24
19.3%
Q3 24
72.5%
21.1%
Q2 24
80.4%
20.7%
Net Margin
BAM
BAM
HUBB
HUBB
Q1 26
43.8%
Q4 25
56.7%
14.6%
Q3 25
71.0%
17.0%
Q2 25
62.7%
16.5%
Q1 25
53.1%
12.4%
Q4 24
14.8%
Q3 24
61.5%
15.2%
Q2 24
15.1%
14.7%
EPS (diluted)
BAM
BAM
HUBB
HUBB
Q1 26
$0.38
Q4 25
$4.06
Q3 25
$4.77
Q2 25
$4.56
Q1 25
$3.15
Q4 24
$3.65
Q3 24
$4.05
Q2 24
$3.94

Balance Sheet & Financial Strength

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

Metric
BAM
BAM
HUBB
HUBB
Cash + ST InvestmentsLiquidity on hand
$1.0M
$497.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$8.6M
$3.8B
Total Assets
$17.9M
$8.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAM
BAM
HUBB
HUBB
Q1 26
$1.0M
Q4 25
$1.6B
$497.9M
Q3 25
$1.1B
$680.9M
Q2 25
$480.0M
$399.6M
Q1 25
$332.0M
$360.3M
Q4 24
$345.0M
Q3 24
$445.6M
Q2 24
$10.0M
$406.5M
Total Debt
BAM
BAM
HUBB
HUBB
Q1 26
Q4 25
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.7B
Q2 24
$1.9B
Stockholders' Equity
BAM
BAM
HUBB
HUBB
Q1 26
$8.6M
Q4 25
$8.9B
$3.8B
Q3 25
$8.5B
$3.7B
Q2 25
$8.5B
$3.5B
Q1 25
$8.5B
$3.3B
Q4 24
$3.3B
Q3 24
$9.0B
$3.2B
Q2 24
$3.2B
$3.1B
Total Assets
BAM
BAM
HUBB
HUBB
Q1 26
$17.9M
Q4 25
$17.0B
$8.2B
Q3 25
$16.5B
$7.5B
Q2 25
$16.1B
$7.1B
Q1 25
$15.0B
$6.9B
Q4 24
$6.7B
Q3 24
$6.9B
Q2 24
$4.2B
$6.9B
Debt / Equity
BAM
BAM
HUBB
HUBB
Q1 26
Q4 25
Q3 25
0.39×
Q2 25
0.41×
Q1 25
0.44×
Q4 24
0.44×
Q3 24
0.51×
Q2 24
0.63×

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
HUBB
HUBB
Operating Cash FlowLast quarter
$447.5M
Free Cash FlowOCF − Capex
$388.8M
FCF MarginFCF / Revenue
26.0%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
2.06×
TTM Free Cash FlowTrailing 4 quarters
$874.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAM
BAM
HUBB
HUBB
Q1 26
Q4 25
$562.0M
$447.5M
Q3 25
$745.0M
$284.3M
Q2 25
$529.0M
$260.6M
Q1 25
$265.0M
$37.4M
Q4 24
$432.4M
Q3 24
$567.0M
$227.0M
Q2 24
$159.0M
$239.6M
Free Cash Flow
BAM
BAM
HUBB
HUBB
Q1 26
Q4 25
$388.8M
Q3 25
$253.8M
Q2 25
$220.7M
Q1 25
$11.4M
Q4 24
$364.4M
Q3 24
$188.8M
Q2 24
$205.7M
FCF Margin
BAM
BAM
HUBB
HUBB
Q1 26
Q4 25
26.0%
Q3 25
16.9%
Q2 25
14.9%
Q1 25
0.8%
Q4 24
27.3%
Q3 24
13.1%
Q2 24
14.2%
Capex Intensity
BAM
BAM
HUBB
HUBB
Q1 26
Q4 25
3.9%
Q3 25
2.0%
Q2 25
2.7%
Q1 25
1.9%
Q4 24
5.1%
Q3 24
2.6%
Q2 24
2.3%
Cash Conversion
BAM
BAM
HUBB
HUBB
Q1 26
Q4 25
0.91×
2.06×
Q3 25
1.08×
1.11×
Q2 25
0.91×
1.07×
Q1 25
0.52×
0.22×
Q4 24
2.19×
Q3 24
1.06×
1.03×
Q2 24
1.28×
1.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BAM
BAM

Management and incentive fee revenues$990.0M74%
Other revenues$236.0M18%
Other$112.0M8%

HUBB
HUBB

Grid Infrastructure$717.0M48%
Industrial$393.7M26%
Grid Automation$218.9M15%
Electrical Products$163.1M11%

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