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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and PACS Group, Inc. (PACS). Click either name above to swap in a different company.
PACS Group, Inc. is the larger business by last-quarter revenue ($1.4B vs $1.1B, roughly 1.3× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 4.4%, a 52.3% 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.
BAM vs PACS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.1B | $1.4B |
| Net Profit | $615.0M | $59.7M |
| Gross Margin | — | — |
| Operating Margin | 84.2% | 7.0% |
| Net Margin | 56.7% | 4.4% |
| Revenue YoY | — | 18.4% |
| Net Profit YoY | — | 3022.5% |
| EPS (diluted) | — | $0.42 |
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 | $1.4B | ||
| Q3 25 | $974.0M | $1.3B | ||
| Q2 25 | $931.0M | $1.3B | ||
| Q1 25 | $954.0M | $1.3B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $873.0M | $1.0B | ||
| Q2 24 | $821.0M | $981.4M | ||
| Q1 24 | $786.0M | $934.3M |
| Q4 25 | $615.0M | $59.7M | ||
| Q3 25 | $692.0M | $52.4M | ||
| Q2 25 | $584.0M | $51.0M | ||
| Q1 25 | $507.0M | $28.5M | ||
| Q4 24 | — | $1.9M | ||
| Q3 24 | $537.0M | $15.6M | ||
| Q2 24 | $124.0M | $-10.9M | ||
| Q1 24 | $373.0M | $49.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 22.3% | ||
| Q1 24 | — | 21.2% |
| Q4 25 | 84.2% | 7.0% | ||
| Q3 25 | 79.1% | 6.4% | ||
| Q2 25 | 70.8% | 6.2% | ||
| Q1 25 | 61.0% | 3.8% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | 72.5% | 2.2% | ||
| Q2 24 | 80.4% | 0.1% | ||
| Q1 24 | 56.5% | 8.6% |
| Q4 25 | 56.7% | 4.4% | ||
| Q3 25 | 71.0% | 3.9% | ||
| Q2 25 | 62.7% | 3.9% | ||
| Q1 25 | 53.1% | 2.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 61.5% | 1.5% | ||
| Q2 24 | 15.1% | -1.1% | ||
| Q1 24 | 47.5% | 5.3% |
| Q4 25 | — | $0.42 | ||
| Q3 25 | — | $0.32 | ||
| Q2 25 | — | $0.31 | ||
| Q1 25 | — | $0.17 | ||
| Q4 24 | — | $-0.03 | ||
| Q3 24 | — | $0.10 | ||
| Q2 24 | — | $-0.07 | ||
| Q1 24 | — | $0.38 |
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 | $197.0M |
| Total DebtLower is stronger | — | $353.2M |
| Stockholders' EquityBook value | $8.9B | $946.8M |
| Total Assets | $17.0B | $5.6B |
| Debt / EquityLower = less leverage | — | 0.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $197.0M | ||
| Q3 25 | $1.1B | $355.7M | ||
| Q2 25 | $480.0M | $294.2M | ||
| Q1 25 | $332.0M | $287.5M | ||
| Q4 24 | — | $157.7M | ||
| Q3 24 | — | $49.5M | ||
| Q2 24 | $10.0M | $73.4M | ||
| Q1 24 | — | $81.2M |
| Q4 25 | — | $353.2M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $411.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $8.9B | $946.8M | ||
| Q3 25 | $8.5B | $871.3M | ||
| Q2 25 | $8.5B | $806.8M | ||
| Q1 25 | $8.5B | $750.2M | ||
| Q4 24 | — | $709.6M | ||
| Q3 24 | $9.0B | $660.0M | ||
| Q2 24 | $3.2B | $572.1M | ||
| Q1 24 | $2.2B | $128.0M |
| Q4 25 | $17.0B | $5.6B | ||
| Q3 25 | $16.5B | $5.6B | ||
| Q2 25 | $16.1B | $5.5B | ||
| Q1 25 | $15.0B | $5.5B | ||
| Q4 24 | — | $5.2B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | $4.2B | $3.9B | ||
| Q1 24 | — | $3.9B |
| Q4 25 | — | 0.37× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.58× | ||
| 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 | $-3.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.91× | -0.06× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $562.0M | $-3.4M | ||
| Q3 25 | $745.0M | $204.8M | ||
| Q2 25 | $529.0M | $52.6M | ||
| Q1 25 | $265.0M | $150.2M | ||
| Q4 24 | — | $64.6M | ||
| Q3 24 | $567.0M | $209.2M | ||
| Q2 24 | $159.0M | $34.8M | ||
| Q1 24 | $516.0M | $58.8M |
| Q4 25 | 0.91× | -0.06× | ||
| Q3 25 | 1.08× | 3.91× | ||
| Q2 25 | 0.91× | 1.03× | ||
| Q1 25 | 0.52× | 5.28× | ||
| Q4 24 | — | 33.78× | ||
| Q3 24 | 1.06× | 13.39× | ||
| Q2 24 | 1.28× | — | ||
| Q1 24 | 1.38× | 1.20× |
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% |
PACS
Segment breakdown not available.