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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and NEWELL BRANDS INC. (NWL). Click either name above to swap in a different company.

NEWELL BRANDS INC. is the larger business by last-quarter revenue ($1.9B vs $1.1B, roughly 1.7× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs -16.6%, a 73.3% 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.

Newell Brands Inc. is an American conglomerate of consumer and commercial products. The company's brands and products include Rubbermaid storage/or waste disposal containers; home organization and reusable container products; Contigo and Bubba water bottles; Coleman outdoor products; writing instruments glue ; children's products ; cookware and small appliances and fragrance products.

BAM vs NWL — Head-to-Head

Bigger by revenue
NWL
NWL
1.7× larger
NWL
$1.9B
$1.1B
BAM
Higher net margin
BAM
BAM
73.3% more per $
BAM
56.7%
-16.6%
NWL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BAM
BAM
NWL
NWL
Revenue
$1.1B
$1.9B
Net Profit
$615.0M
$-315.0M
Gross Margin
33.1%
Operating Margin
84.2%
-14.3%
Net Margin
56.7%
-16.6%
Revenue YoY
-2.7%
Net Profit YoY
-483.3%
EPS (diluted)
$-0.75

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
NWL
NWL
Q4 25
$1.1B
$1.9B
Q3 25
$974.0M
$1.8B
Q2 25
$931.0M
$1.9B
Q1 25
$954.0M
$1.6B
Q4 24
$1.9B
Q3 24
$873.0M
$1.9B
Q2 24
$821.0M
$2.0B
Q1 24
$786.0M
$1.7B
Net Profit
BAM
BAM
NWL
NWL
Q4 25
$615.0M
$-315.0M
Q3 25
$692.0M
$21.0M
Q2 25
$584.0M
$46.0M
Q1 25
$507.0M
$-37.0M
Q4 24
$-54.0M
Q3 24
$537.0M
$-198.0M
Q2 24
$124.0M
$45.0M
Q1 24
$373.0M
$-9.0M
Gross Margin
BAM
BAM
NWL
NWL
Q4 25
33.1%
Q3 25
34.1%
Q2 25
35.4%
Q1 25
32.1%
Q4 24
34.2%
Q3 24
34.9%
Q2 24
34.4%
Q1 24
30.5%
Operating Margin
BAM
BAM
NWL
NWL
Q4 25
84.2%
-14.3%
Q3 25
79.1%
6.6%
Q2 25
70.8%
8.8%
Q1 25
61.0%
1.3%
Q4 24
0.5%
Q3 24
72.5%
-6.2%
Q2 24
80.4%
8.0%
Q1 24
56.5%
1.0%
Net Margin
BAM
BAM
NWL
NWL
Q4 25
56.7%
-16.6%
Q3 25
71.0%
1.2%
Q2 25
62.7%
2.4%
Q1 25
53.1%
-2.4%
Q4 24
-2.8%
Q3 24
61.5%
-10.2%
Q2 24
15.1%
2.2%
Q1 24
47.5%
-0.5%
EPS (diluted)
BAM
BAM
NWL
NWL
Q4 25
$-0.75
Q3 25
$0.05
Q2 25
$0.11
Q1 25
$-0.09
Q4 24
$-0.13
Q3 24
$-0.48
Q2 24
$0.11
Q1 24
$-0.02

Balance Sheet & Financial Strength

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

Metric
BAM
BAM
NWL
NWL
Cash + ST InvestmentsLiquidity on hand
$1.6B
$203.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$8.9B
$2.4B
Total Assets
$17.0B
$10.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAM
BAM
NWL
NWL
Q4 25
$1.6B
$203.0M
Q3 25
$1.1B
$229.0M
Q2 25
$480.0M
$219.0M
Q1 25
$332.0M
$233.0M
Q4 24
$198.0M
Q3 24
$494.0M
Q2 24
$10.0M
$382.0M
Q1 24
$372.0M
Stockholders' Equity
BAM
BAM
NWL
NWL
Q4 25
$8.9B
$2.4B
Q3 25
$8.5B
$2.7B
Q2 25
$8.5B
$2.7B
Q1 25
$8.5B
$2.7B
Q4 24
$2.8B
Q3 24
$9.0B
$2.9B
Q2 24
$3.2B
$3.1B
Q1 24
$2.2B
$3.1B
Total Assets
BAM
BAM
NWL
NWL
Q4 25
$17.0B
$10.7B
Q3 25
$16.5B
$11.3B
Q2 25
$16.1B
$11.5B
Q1 25
$15.0B
$11.3B
Q4 24
$11.0B
Q3 24
$11.8B
Q2 24
$4.2B
$12.0B
Q1 24
$12.1B

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
NWL
NWL
Operating Cash FlowLast quarter
$562.0M
$161.0M
Free Cash FlowOCF − Capex
$91.0M
FCF MarginFCF / Revenue
4.8%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
0.91×
TTM Free Cash FlowTrailing 4 quarters
$17.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAM
BAM
NWL
NWL
Q4 25
$562.0M
$161.0M
Q3 25
$745.0M
$374.0M
Q2 25
$529.0M
$-58.0M
Q1 25
$265.0M
$-213.0M
Q4 24
$150.0M
Q3 24
$567.0M
$282.0M
Q2 24
$159.0M
$32.0M
Q1 24
$516.0M
$32.0M
Free Cash Flow
BAM
BAM
NWL
NWL
Q4 25
$91.0M
Q3 25
$315.0M
Q2 25
$-117.0M
Q1 25
$-272.0M
Q4 24
$54.0M
Q3 24
$231.0M
Q2 24
$-21.0M
Q1 24
$-27.0M
FCF Margin
BAM
BAM
NWL
NWL
Q4 25
4.8%
Q3 25
17.4%
Q2 25
-6.0%
Q1 25
-17.4%
Q4 24
2.8%
Q3 24
11.9%
Q2 24
-1.0%
Q1 24
-1.6%
Capex Intensity
BAM
BAM
NWL
NWL
Q4 25
3.7%
Q3 25
3.3%
Q2 25
3.0%
Q1 25
3.8%
Q4 24
4.9%
Q3 24
2.6%
Q2 24
2.6%
Q1 24
3.6%
Cash Conversion
BAM
BAM
NWL
NWL
Q4 25
0.91×
Q3 25
1.08×
17.81×
Q2 25
0.91×
-1.26×
Q1 25
0.52×
Q4 24
Q3 24
1.06×
Q2 24
1.28×
0.71×
Q1 24
1.38×

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%

NWL
NWL

Kitchen$538.0M28%
Writing$370.0M20%
Commercial$320.0M17%
Financial Institution Two$286.0M15%
Baby$259.0M14%
Outdoor And Recreation$142.0M7%

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