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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and BeOne Medicines Ltd. (ONC). Click either name above to swap in a different company.
BeOne Medicines Ltd. is the larger business by last-quarter revenue ($1.5B vs $1.1B, roughly 1.4× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 4.4%, a 52.2% 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.
BeOne Medicines Ltd.ONCEarnings & Financial Report
BeOne Medicines, formerly known as BeiGene, Ltd. is a multinational oncology company. It specializes in the development of drugs for cancer treatment.
BAM vs ONC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.5B |
| Net Profit | $615.0M | $66.5M |
| Gross Margin | — | 90.5% |
| Operating Margin | 84.2% | 12.4% |
| Net Margin | 56.7% | 4.4% |
| Revenue YoY | — | 32.8% |
| Net Profit YoY | — | 143.8% |
| EPS (diluted) | — | $0.05 |
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 | $1.5B | ||
| Q3 25 | $974.0M | $1.4B | ||
| Q2 25 | $931.0M | $1.3B | ||
| Q1 25 | $954.0M | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $873.0M | $1.0B | ||
| Q2 24 | $821.0M | $929.2M | ||
| Q1 24 | $786.0M | $751.7M |
| Q4 25 | $615.0M | $66.5M | ||
| Q3 25 | $692.0M | $124.8M | ||
| Q2 25 | $584.0M | $94.3M | ||
| Q1 25 | $507.0M | $1.3M | ||
| Q4 24 | — | $-151.9M | ||
| Q3 24 | $537.0M | $-121.3M | ||
| Q2 24 | $124.0M | $-120.4M | ||
| Q1 24 | $373.0M | $-251.2M |
| Q4 25 | — | 90.5% | ||
| Q3 25 | — | 86.1% | ||
| Q2 25 | — | 87.5% | ||
| Q1 25 | — | 85.2% | ||
| Q4 24 | — | 85.8% | ||
| Q3 24 | — | 83.0% | ||
| Q2 24 | — | 85.1% | ||
| Q1 24 | — | 83.4% |
| Q4 25 | 84.2% | 12.4% | ||
| Q3 25 | 79.1% | 11.5% | ||
| Q2 25 | 70.8% | 6.7% | ||
| Q1 25 | 61.0% | 1.0% | ||
| Q4 24 | — | -7.0% | ||
| Q3 24 | 72.5% | -12.0% | ||
| Q2 24 | 80.4% | -11.5% | ||
| Q1 24 | 56.5% | -34.8% |
| Q4 25 | 56.7% | 4.4% | ||
| Q3 25 | 71.0% | 8.8% | ||
| Q2 25 | 62.7% | 7.2% | ||
| Q1 25 | 53.1% | 0.1% | ||
| Q4 24 | — | -13.5% | ||
| Q3 24 | 61.5% | -12.1% | ||
| Q2 24 | 15.1% | -13.0% | ||
| Q1 24 | 47.5% | -33.4% |
| Q4 25 | — | $0.05 | ||
| Q3 25 | — | $0.08 | ||
| Q2 25 | — | $0.06 | ||
| Q1 25 | — | $0.00 | ||
| Q4 24 | — | $-0.10 | ||
| Q3 24 | — | $-0.09 | ||
| Q2 24 | — | $-0.09 | ||
| Q1 24 | — | $-0.19 |
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 | $4.5B |
| Total DebtLower is stronger | — | $836.4M |
| Stockholders' EquityBook value | $8.9B | $4.4B |
| Total Assets | $17.0B | $8.2B |
| Debt / EquityLower = less leverage | — | 0.19× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $4.5B | ||
| Q3 25 | $1.1B | $4.0B | ||
| Q2 25 | $480.0M | $2.8B | ||
| Q1 25 | $332.0M | $2.5B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | $10.0M | $2.6B | ||
| Q1 24 | — | $2.8B |
| Q4 25 | — | $836.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $8.9B | $4.4B | ||
| Q3 25 | $8.5B | $4.1B | ||
| Q2 25 | $8.5B | $3.8B | ||
| Q1 25 | $8.5B | $3.5B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | $9.0B | $3.4B | ||
| Q2 24 | $3.2B | $3.4B | ||
| Q1 24 | $2.2B | $3.4B |
| Q4 25 | $17.0B | $8.2B | ||
| Q3 25 | $16.5B | $7.6B | ||
| Q2 25 | $16.1B | $6.3B | ||
| Q1 25 | $15.0B | $5.8B | ||
| Q4 24 | — | $5.9B | ||
| Q3 24 | — | $5.8B | ||
| Q2 24 | $4.2B | $5.7B | ||
| Q1 24 | — | $5.7B |
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $562.0M | $417.3M |
| Free Cash FlowOCF − Capex | — | $379.8M |
| FCF MarginFCF / Revenue | — | 25.4% |
| Capex IntensityCapex / Revenue | — | 2.5% |
| Cash ConversionOCF / Net Profit | 0.91× | 6.28× |
| TTM Free Cash FlowTrailing 4 quarters | — | $941.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $562.0M | $417.3M | ||
| Q3 25 | $745.0M | $402.6M | ||
| Q2 25 | $529.0M | $263.6M | ||
| Q1 25 | $265.0M | $44.1M | ||
| Q4 24 | — | $75.2M | ||
| Q3 24 | $567.0M | $188.4M | ||
| Q2 24 | $159.0M | $-95.6M | ||
| Q1 24 | $516.0M | $-308.6M |
| Q4 25 | — | $379.8M | ||
| Q3 25 | — | $354.5M | ||
| Q2 25 | — | $219.8M | ||
| Q1 25 | — | $-12.3M | ||
| Q4 24 | — | $-17.3M | ||
| Q3 24 | — | $54.7M | ||
| Q2 24 | — | $-205.5M | ||
| Q1 24 | — | $-465.1M |
| Q4 25 | — | 25.4% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 16.7% | ||
| Q1 25 | — | -1.1% | ||
| Q4 24 | — | -1.5% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | -22.1% | ||
| Q1 24 | — | -61.9% |
| Q4 25 | — | 2.5% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 5.0% | ||
| Q4 24 | — | 8.2% | ||
| Q3 24 | — | 13.3% | ||
| Q2 24 | — | 11.8% | ||
| Q1 24 | — | 20.8% |
| Q4 25 | 0.91× | 6.28× | ||
| Q3 25 | 1.08× | 3.22× | ||
| Q2 25 | 0.91× | 2.79× | ||
| Q1 25 | 0.52× | 34.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.06× | — | ||
| Q2 24 | 1.28× | — | ||
| Q1 24 | 1.38× | — |
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% |
ONC
Segment breakdown not available.
