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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and Interpublic Group of Companies (The) (IPG). Click either name above to swap in a different company.

Interpublic Group of Companies (The) is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 2.0× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 5.8%, a 50.9% 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.

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

BAM vs IPG — Head-to-Head

Bigger by revenue
IPG
IPG
2.0× larger
IPG
$2.1B
$1.1B
BAM
Higher net margin
BAM
BAM
50.9% more per $
BAM
56.7%
5.8%
IPG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BAM
BAM
IPG
IPG
Revenue
$1.1B
$2.1B
Net Profit
$615.0M
$124.2M
Gross Margin
Operating Margin
84.2%
10.3%
Net Margin
56.7%
5.8%
Revenue YoY
-4.8%
Net Profit YoY
517.9%
EPS (diluted)
$0.34

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
IPG
IPG
Q4 25
$1.1B
Q3 25
$974.0M
$2.1B
Q2 25
$931.0M
$2.2B
Q1 25
$954.0M
$2.0B
Q4 24
$2.4B
Q3 24
$873.0M
$2.2B
Q2 24
$821.0M
$2.3B
Q1 24
$786.0M
$2.2B
Net Profit
BAM
BAM
IPG
IPG
Q4 25
$615.0M
Q3 25
$692.0M
$124.2M
Q2 25
$584.0M
$162.5M
Q1 25
$507.0M
$-85.4M
Q4 24
$344.5M
Q3 24
$537.0M
$20.1M
Q2 24
$124.0M
$214.5M
Q1 24
$373.0M
$110.4M
Gross Margin
BAM
BAM
IPG
IPG
Q4 25
Q3 25
Q2 25
Q1 25
-3.2%
Q4 24
10.1%
Q3 24
2.9%
Q2 24
1.2%
Q1 24
-1.1%
Operating Margin
BAM
BAM
IPG
IPG
Q4 25
84.2%
Q3 25
79.1%
10.3%
Q2 25
70.8%
11.2%
Q1 25
61.0%
-2.1%
Q4 24
23.3%
Q3 24
72.5%
5.9%
Q2 24
80.4%
13.7%
Q1 24
56.5%
8.4%
Net Margin
BAM
BAM
IPG
IPG
Q4 25
56.7%
Q3 25
71.0%
5.8%
Q2 25
62.7%
7.5%
Q1 25
53.1%
-4.3%
Q4 24
14.1%
Q3 24
61.5%
0.9%
Q2 24
15.1%
9.2%
Q1 24
47.5%
5.1%
EPS (diluted)
BAM
BAM
IPG
IPG
Q4 25
Q3 25
$0.34
Q2 25
$0.44
Q1 25
$-0.23
Q4 24
$0.92
Q3 24
$0.05
Q2 24
$0.57
Q1 24
$0.29

Balance Sheet & Financial Strength

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

Metric
BAM
BAM
IPG
IPG
Cash + ST InvestmentsLiquidity on hand
$1.6B
$1.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$8.9B
$3.7B
Total Assets
$17.0B
$17.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAM
BAM
IPG
IPG
Q4 25
$1.6B
Q3 25
$1.1B
$1.5B
Q2 25
$480.0M
$1.6B
Q1 25
$332.0M
$1.9B
Q4 24
$2.2B
Q3 24
$1.5B
Q2 24
$10.0M
$1.5B
Q1 24
$1.9B
Stockholders' Equity
BAM
BAM
IPG
IPG
Q4 25
$8.9B
Q3 25
$8.5B
$3.7B
Q2 25
$8.5B
$3.7B
Q1 25
$8.5B
$3.6B
Q4 24
$3.8B
Q3 24
$9.0B
$3.7B
Q2 24
$3.2B
$3.8B
Q1 24
$2.2B
$3.8B
Total Assets
BAM
BAM
IPG
IPG
Q4 25
$17.0B
Q3 25
$16.5B
$17.0B
Q2 25
$16.1B
$17.0B
Q1 25
$15.0B
$17.1B
Q4 24
$18.3B
Q3 24
$17.1B
Q2 24
$4.2B
$17.0B
Q1 24
$17.3B

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
IPG
IPG
Operating Cash FlowLast quarter
$562.0M
$180.1M
Free Cash FlowOCF − Capex
$153.6M
FCF MarginFCF / Revenue
7.2%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
0.91×
1.45×
TTM Free Cash FlowTrailing 4 quarters
$806.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAM
BAM
IPG
IPG
Q4 25
$562.0M
Q3 25
$745.0M
$180.1M
Q2 25
$529.0M
$-96.0M
Q1 25
$265.0M
$-37.0M
Q4 24
$868.1M
Q3 24
$567.0M
$223.8M
Q2 24
$159.0M
$120.7M
Q1 24
$516.0M
$-157.4M
Free Cash Flow
BAM
BAM
IPG
IPG
Q4 25
Q3 25
$153.6M
Q2 25
$-121.8M
Q1 25
$-58.5M
Q4 24
$833.5M
Q3 24
$186.5M
Q2 24
$85.9M
Q1 24
$-192.5M
FCF Margin
BAM
BAM
IPG
IPG
Q4 25
Q3 25
7.2%
Q2 25
-5.6%
Q1 25
-2.9%
Q4 24
34.2%
Q3 24
8.3%
Q2 24
3.7%
Q1 24
-8.8%
Capex Intensity
BAM
BAM
IPG
IPG
Q4 25
Q3 25
1.2%
Q2 25
1.2%
Q1 25
1.1%
Q4 24
1.4%
Q3 24
1.7%
Q2 24
1.5%
Q1 24
1.6%
Cash Conversion
BAM
BAM
IPG
IPG
Q4 25
0.91×
Q3 25
1.08×
1.45×
Q2 25
0.91×
-0.59×
Q1 25
0.52×
Q4 24
2.52×
Q3 24
1.06×
11.13×
Q2 24
1.28×
0.56×
Q1 24
1.38×
-1.43×

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%

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

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