vs
Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and SELECT MEDICAL HOLDINGS CORP (SEM). Click either name above to swap in a different company.
SELECT MEDICAL HOLDINGS CORP 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 4.5%, 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.
Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.
BAM vs SEM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.4B |
| Net Profit | $615.0M | $63.8M |
| Gross Margin | — | — |
| Operating Margin | 84.2% | 6.9% |
| Net Margin | 56.7% | 4.5% |
| Revenue YoY | — | 5.0% |
| Net Profit YoY | — | -14.7% |
| EPS (diluted) | — | $0.35 |
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.
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $974.0M | $1.4B | ||
| Q2 25 | $931.0M | $1.3B | ||
| Q1 25 | $954.0M | $1.4B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $873.0M | $1.3B | ||
| Q2 24 | $821.0M | $1.3B |
| Q1 26 | — | $63.8M | ||
| Q4 25 | $615.0M | $20.2M | ||
| Q3 25 | $692.0M | $28.8M | ||
| Q2 25 | $584.0M | $40.6M | ||
| Q1 25 | $507.0M | $56.7M | ||
| Q4 24 | — | $-16.1M | ||
| Q3 24 | $537.0M | $55.6M | ||
| Q2 24 | $124.0M | $77.6M |
| Q1 26 | — | 6.9% | ||
| Q4 25 | 84.2% | 4.6% | ||
| Q3 25 | 79.1% | 5.4% | ||
| Q2 25 | 70.8% | 6.5% | ||
| Q1 25 | 61.0% | 8.3% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | 72.5% | 4.3% | ||
| Q2 24 | 80.4% | 5.8% |
| Q1 26 | — | 4.5% | ||
| Q4 25 | 56.7% | 1.4% | ||
| Q3 25 | 71.0% | 2.1% | ||
| Q2 25 | 62.7% | 3.0% | ||
| Q1 25 | 53.1% | 4.2% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | 61.5% | 4.4% | ||
| Q2 24 | 15.1% | 6.1% |
| Q1 26 | — | $0.35 | ||
| Q4 25 | — | $0.17 | ||
| Q3 25 | — | $0.23 | ||
| Q2 25 | — | $0.32 | ||
| Q1 25 | — | $0.44 | ||
| Q4 24 | — | $-0.12 | ||
| Q3 24 | — | $0.43 | ||
| Q2 24 | — | $0.60 |
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 | $25.7M |
| Total DebtLower is stronger | — | $1.8B |
| Stockholders' EquityBook value | $8.9B | $2.1B |
| Total Assets | $17.0B | $6.0B |
| Debt / EquityLower = less leverage | — | 0.88× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $25.7M | ||
| Q4 25 | $1.6B | $26.5M | ||
| Q3 25 | $1.1B | $60.1M | ||
| Q2 25 | $480.0M | $52.3M | ||
| Q1 25 | $332.0M | $53.2M | ||
| Q4 24 | — | $59.7M | ||
| Q3 24 | — | $191.5M | ||
| Q2 24 | $10.0M | $111.2M |
| Q1 26 | — | $1.8B | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.6B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $8.9B | $1.7B | ||
| Q3 25 | $8.5B | $1.7B | ||
| Q2 25 | $8.5B | $1.7B | ||
| Q1 25 | $8.5B | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $9.0B | $1.9B | ||
| Q2 24 | $3.2B | $1.4B |
| Q1 26 | — | $6.0B | ||
| Q4 25 | $17.0B | $5.9B | ||
| Q3 25 | $16.5B | $5.7B | ||
| Q2 25 | $16.1B | $5.7B | ||
| Q1 25 | $15.0B | $5.7B | ||
| Q4 24 | — | $5.6B | ||
| Q3 24 | — | $8.0B | ||
| Q2 24 | $4.2B | $7.9B |
| Q1 26 | — | 0.88× | ||
| Q4 25 | — | 1.06× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.10× | ||
| Q1 25 | — | 1.03× | ||
| Q4 24 | — | 1.01× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | 2.54× |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.91× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $562.0M | $64.3M | ||
| Q3 25 | $745.0M | $175.3M | ||
| Q2 25 | $529.0M | $110.3M | ||
| Q1 25 | $265.0M | $-3.5M | ||
| Q4 24 | — | $125.4M | ||
| Q3 24 | $567.0M | $181.0M | ||
| Q2 24 | $159.0M | $278.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $5.2M | ||
| Q3 25 | — | $122.2M | ||
| Q2 25 | — | $45.6M | ||
| Q1 25 | — | $-55.8M | ||
| Q4 24 | — | $62.0M | ||
| Q3 24 | — | $130.3M | ||
| Q2 24 | — | $222.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | -4.1% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | — | 17.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 4.3% |
| Q1 26 | — | — | ||
| Q4 25 | 0.91× | 3.19× | ||
| Q3 25 | 1.08× | 6.09× | ||
| Q2 25 | 0.91× | 2.72× | ||
| Q1 25 | 0.52× | -0.06× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.06× | 3.25× | ||
| Q2 24 | 1.28× | 3.59× |
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% |
SEM
Segment breakdown not available.
