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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and RH (RH). Click either name above to swap in a different company.
Brookfield Asset Management Ltd. is the larger business by last-quarter revenue ($1.1B vs $883.8M, roughly 1.2× RH). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 4.1%, a 52.6% 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.
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
BAM vs RH — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $883.8M |
| Net Profit | $615.0M | $36.3M |
| Gross Margin | — | 44.1% |
| Operating Margin | 84.2% | 12.0% |
| Net Margin | 56.7% | 4.1% |
| Revenue YoY | — | 8.9% |
| Net Profit YoY | — | 9.3% |
| EPS (diluted) | — | $1.83 |
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 | $883.8M | ||
| Q3 25 | $974.0M | $899.2M | ||
| Q2 25 | $931.0M | $814.0M | ||
| Q1 25 | $954.0M | $812.4M | ||
| Q4 24 | — | $811.7M | ||
| Q3 24 | $873.0M | $829.7M | ||
| Q2 24 | $821.0M | $727.0M | ||
| Q1 24 | $786.0M | $738.3M |
| Q4 25 | $615.0M | $36.3M | ||
| Q3 25 | $692.0M | $51.7M | ||
| Q2 25 | $584.0M | $8.0M | ||
| Q1 25 | $507.0M | $13.9M | ||
| Q4 24 | — | $33.2M | ||
| Q3 24 | $537.0M | $29.0M | ||
| Q2 24 | $124.0M | $-3.6M | ||
| Q1 24 | $373.0M | $11.4M |
| Q4 25 | — | 44.1% | ||
| Q3 25 | — | 45.5% | ||
| Q2 25 | — | 43.7% | ||
| Q1 25 | — | 44.7% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 43.5% | ||
| Q1 24 | — | 43.5% |
| Q4 25 | 84.2% | 12.0% | ||
| Q3 25 | 79.1% | 14.3% | ||
| Q2 25 | 70.8% | 6.9% | ||
| Q1 25 | 61.0% | 8.7% | ||
| Q4 24 | — | 12.5% | ||
| Q3 24 | 72.5% | 11.6% | ||
| Q2 24 | 80.4% | 7.5% | ||
| Q1 24 | 56.5% | 8.7% |
| Q4 25 | 56.7% | 4.1% | ||
| Q3 25 | 71.0% | 5.8% | ||
| Q2 25 | 62.7% | 1.0% | ||
| Q1 25 | 53.1% | 1.7% | ||
| Q4 24 | — | 4.1% | ||
| Q3 24 | 61.5% | 3.5% | ||
| Q2 24 | 15.1% | -0.5% | ||
| Q1 24 | 47.5% | 1.5% |
| Q4 25 | — | $1.83 | ||
| Q3 25 | — | $2.62 | ||
| Q2 25 | — | $0.40 | ||
| Q1 25 | — | $0.71 | ||
| Q4 24 | — | $1.66 | ||
| Q3 24 | — | $1.45 | ||
| Q2 24 | — | $-0.20 | ||
| Q1 24 | — | $0.91 |
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 | $43.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.9B | $3.3M |
| Total Assets | $17.0B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $43.1M | ||
| Q3 25 | $1.1B | $34.6M | ||
| Q2 25 | $480.0M | $46.1M | ||
| Q1 25 | $332.0M | $30.4M | ||
| Q4 24 | — | $87.0M | ||
| Q3 24 | — | $78.3M | ||
| Q2 24 | $10.0M | $101.8M | ||
| Q1 24 | — | $123.7M |
| Q4 25 | $8.9B | $3.3M | ||
| Q3 25 | $8.5B | $-40.9M | ||
| Q2 25 | $8.5B | $-110.8M | ||
| Q1 25 | $8.5B | $-163.6M | ||
| Q4 24 | — | $-183.0M | ||
| Q3 24 | $9.0B | $-234.7M | ||
| Q2 24 | $3.2B | $-289.9M | ||
| Q1 24 | $2.2B | $-297.4M |
| Q4 25 | $17.0B | $4.8B | ||
| Q3 25 | $16.5B | $4.7B | ||
| Q2 25 | $16.1B | $4.7B | ||
| Q1 25 | $15.0B | $4.6B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | $4.2B | $4.2B | ||
| Q1 24 | — | $4.1B |
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 | $131.9M |
| Free Cash FlowOCF − Capex | — | $83.0M |
| FCF MarginFCF / Revenue | — | 9.4% |
| Capex IntensityCapex / Revenue | — | 5.5% |
| Cash ConversionOCF / Net Profit | 0.91× | 3.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | $128.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $562.0M | $131.9M | ||
| Q3 25 | $745.0M | $137.7M | ||
| Q2 25 | $529.0M | $86.6M | ||
| Q1 25 | $265.0M | $-18.8M | ||
| Q4 24 | — | $-31.4M | ||
| Q3 24 | $567.0M | $11.2M | ||
| Q2 24 | $159.0M | $56.1M | ||
| Q1 24 | $516.0M | $-114.0M |
| Q4 25 | — | $83.0M | ||
| Q3 25 | — | $80.7M | ||
| Q2 25 | — | $34.1M | ||
| Q1 25 | — | $-69.7M | ||
| Q4 24 | — | $-96.0M | ||
| Q3 24 | — | $-37.9M | ||
| Q2 24 | — | $-10.1M | ||
| Q1 24 | — | $-251.5M |
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | -8.6% | ||
| Q4 24 | — | -11.8% | ||
| Q3 24 | — | -4.6% | ||
| Q2 24 | — | -1.4% | ||
| Q1 24 | — | -34.1% |
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | 6.3% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 5.9% | ||
| Q2 24 | — | 9.1% | ||
| Q1 24 | — | 18.6% |
| Q4 25 | 0.91× | 3.64× | ||
| Q3 25 | 1.08× | 2.66× | ||
| Q2 25 | 0.91× | 10.78× | ||
| Q1 25 | 0.52× | -1.35× | ||
| Q4 24 | — | -0.95× | ||
| Q3 24 | 1.06× | 0.39× | ||
| Q2 24 | 1.28× | — | ||
| Q1 24 | 1.38× | -10.01× |
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% |
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
