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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and Ovintiv Inc. (OVV). Click either name above to swap in a different company.
Ovintiv Inc. 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 46.1%, a 10.6% 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.
Ovintiv Inc. is a U.S. petroleum company based in Denver. The company was formed in 2020 through a restructuring of its Canadian predecessor, Encana.
BAM vs OVV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $2.1B |
| Net Profit | $615.0M | $946.0M |
| Gross Margin | — | — |
| Operating Margin | 84.2% | 21.2% |
| Net Margin | 56.7% | 46.1% |
| Revenue YoY | — | -6.0% |
| Net Profit YoY | — | 1676.7% |
| EPS (diluted) | — | $3.64 |
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 | $2.0B | ||
| Q2 25 | $931.0M | $2.2B | ||
| Q1 25 | $954.0M | $2.4B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | $873.0M | $2.2B | ||
| Q2 24 | $821.0M | $2.2B | ||
| Q1 24 | $786.0M | $2.4B |
| Q4 25 | $615.0M | $946.0M | ||
| Q3 25 | $692.0M | $148.0M | ||
| Q2 25 | $584.0M | $307.0M | ||
| Q1 25 | $507.0M | $-159.0M | ||
| Q4 24 | — | $-60.0M | ||
| Q3 24 | $537.0M | $507.0M | ||
| Q2 24 | $124.0M | $340.0M | ||
| Q1 24 | $373.0M | $338.0M |
| Q4 25 | 84.2% | 21.2% | ||
| Q3 25 | 79.1% | 13.5% | ||
| Q2 25 | 70.8% | 23.1% | ||
| Q1 25 | 61.0% | -3.7% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | 72.5% | 24.2% | ||
| Q2 24 | 80.4% | 25.4% | ||
| Q1 24 | 56.5% | 20.7% |
| Q4 25 | 56.7% | 46.1% | ||
| Q3 25 | 71.0% | 7.3% | ||
| Q2 25 | 62.7% | 13.9% | ||
| Q1 25 | 53.1% | -6.7% | ||
| Q4 24 | — | -2.7% | ||
| Q3 24 | 61.5% | 23.3% | ||
| Q2 24 | 15.1% | 15.5% | ||
| Q1 24 | 47.5% | 14.2% |
| Q4 25 | — | $3.64 | ||
| Q3 25 | — | $0.57 | ||
| Q2 25 | — | $1.18 | ||
| Q1 25 | — | $-0.61 | ||
| Q4 24 | — | $-0.22 | ||
| Q3 24 | — | $1.92 | ||
| Q2 24 | — | $1.27 | ||
| Q1 24 | — | $1.24 |
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 | $280.0M |
| Total DebtLower is stronger | — | $5.2B |
| Stockholders' EquityBook value | $8.9B | $11.2B |
| Total Assets | $17.0B | $20.4B |
| Debt / EquityLower = less leverage | — | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $280.0M | ||
| Q3 25 | $1.1B | $25.0M | ||
| Q2 25 | $480.0M | $20.0M | ||
| Q1 25 | $332.0M | $8.0M | ||
| Q4 24 | — | $42.0M | ||
| Q3 24 | — | $9.0M | ||
| Q2 24 | $10.0M | $8.0M | ||
| Q1 24 | — | $5.0M |
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.2B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.5B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $6.1B | ||
| Q1 24 | — | $6.2B |
| Q4 25 | $8.9B | $11.2B | ||
| Q3 25 | $8.5B | $10.2B | ||
| Q2 25 | $8.5B | $10.4B | ||
| Q1 25 | $8.5B | $10.1B | ||
| Q4 24 | — | $10.3B | ||
| Q3 24 | $9.0B | $10.7B | ||
| Q2 24 | $3.2B | $10.3B | ||
| Q1 24 | $2.2B | $10.3B |
| Q4 25 | $17.0B | $20.4B | ||
| Q3 25 | $16.5B | $19.4B | ||
| Q2 25 | $16.1B | $19.7B | ||
| Q1 25 | $15.0B | $19.6B | ||
| Q4 24 | — | $19.3B | ||
| Q3 24 | — | $19.9B | ||
| Q2 24 | $4.2B | $19.8B | ||
| Q1 24 | — | $19.8B |
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.55× | ||
| Q2 24 | — | 0.59× | ||
| Q1 24 | — | 0.60× |
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 | $954.0M |
| Free Cash FlowOCF − Capex | — | $489.0M |
| FCF MarginFCF / Revenue | — | 23.8% |
| Capex IntensityCapex / Revenue | — | 22.6% |
| Cash ConversionOCF / Net Profit | 0.91× | 1.01× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $562.0M | $954.0M | ||
| Q3 25 | $745.0M | $812.0M | ||
| Q2 25 | $529.0M | $1.0B | ||
| Q1 25 | $265.0M | $873.0M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $567.0M | $1.0B | ||
| Q2 24 | $159.0M | $1.0B | ||
| Q1 24 | $516.0M | $659.0M |
| Q4 25 | — | $489.0M | ||
| Q3 25 | — | $268.0M | ||
| Q2 25 | — | $492.0M | ||
| Q1 25 | — | $256.0M | ||
| Q4 24 | — | $468.0M | ||
| Q3 24 | — | $484.0M | ||
| Q2 24 | — | $398.0M | ||
| Q1 24 | — | $68.0M |
| Q4 25 | — | 23.8% | ||
| Q3 25 | — | 13.3% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 22.2% | ||
| Q2 24 | — | 18.1% | ||
| Q1 24 | — | 2.8% |
| Q4 25 | — | 22.6% | ||
| Q3 25 | — | 26.9% | ||
| Q2 25 | — | 23.5% | ||
| Q1 25 | — | 26.0% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 28.4% | ||
| Q1 24 | — | 24.8% |
| Q4 25 | 0.91× | 1.01× | ||
| Q3 25 | 1.08× | 5.49× | ||
| Q2 25 | 0.91× | 3.30× | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.06× | 2.02× | ||
| Q2 24 | 1.28× | 3.00× | ||
| Q1 24 | 1.38× | 1.95× |
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% |
OVV
| Product And Service Revenue | $1.7B | 84% |
| Sales Of Purchased Product | $338.0M | 16% |
