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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and Veralto (VLTO). Click either name above to swap in a different company.

Veralto 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 17.9%, a 38.8% 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.

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.

BAM vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.3× larger
VLTO
$1.4B
$1.1B
BAM
Higher net margin
BAM
BAM
38.8% more per $
BAM
56.7%
17.9%
VLTO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BAM
BAM
VLTO
VLTO
Revenue
$1.1B
$1.4B
Net Profit
$615.0M
$254.0M
Gross Margin
60.1%
Operating Margin
84.2%
23.8%
Net Margin
56.7%
17.9%
Revenue YoY
6.8%
Net Profit YoY
12.9%
EPS (diluted)
$1.02

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.

Revenue
BAM
BAM
VLTO
VLTO
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
Q4 24
$1.3B
Q3 24
$873.0M
$1.3B
Q2 24
$821.0M
$1.3B
Net Profit
BAM
BAM
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$615.0M
$239.0M
Q3 25
$692.0M
$222.0M
Q2 25
$584.0M
$225.0M
Q1 25
$507.0M
Q4 24
$227.0M
Q3 24
$537.0M
$219.0M
Q2 24
$124.0M
$203.0M
Gross Margin
BAM
BAM
VLTO
VLTO
Q1 26
60.1%
Q4 25
60.1%
Q3 25
60.0%
Q2 25
60.4%
Q1 25
Q4 24
59.6%
Q3 24
59.6%
Q2 24
60.1%
Operating Margin
BAM
BAM
VLTO
VLTO
Q1 26
23.8%
Q4 25
84.2%
23.2%
Q3 25
79.1%
22.8%
Q2 25
70.8%
24.2%
Q1 25
61.0%
Q4 24
22.9%
Q3 24
72.5%
23.4%
Q2 24
80.4%
23.2%
Net Margin
BAM
BAM
VLTO
VLTO
Q1 26
17.9%
Q4 25
56.7%
17.0%
Q3 25
71.0%
16.2%
Q2 25
62.7%
16.9%
Q1 25
53.1%
Q4 24
16.9%
Q3 24
61.5%
16.7%
Q2 24
15.1%
15.8%
EPS (diluted)
BAM
BAM
VLTO
VLTO
Q1 26
$1.02
Q4 25
$0.95
Q3 25
$0.89
Q2 25
$0.90
Q1 25
Q4 24
$0.91
Q3 24
$0.88
Q2 24
$0.81

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BAM
BAM
VLTO
VLTO
Cash + ST InvestmentsLiquidity on hand
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$8.9B
Total Assets
$17.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAM
BAM
VLTO
VLTO
Q1 26
Q4 25
$1.6B
$1.8B
Q3 25
$1.1B
$1.6B
Q2 25
$480.0M
$1.2B
Q1 25
$332.0M
Q4 24
$1.1B
Q3 24
$1.3B
Q2 24
$10.0M
$1.0B
Total Debt
BAM
BAM
VLTO
VLTO
Q1 26
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.6B
Q1 25
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.6B
Stockholders' Equity
BAM
BAM
VLTO
VLTO
Q1 26
Q4 25
$8.9B
$2.8B
Q3 25
$8.5B
$2.7B
Q2 25
$8.5B
$2.3B
Q1 25
$8.5B
Q4 24
$2.0B
Q3 24
$9.0B
$2.0B
Q2 24
$3.2B
$1.7B
Total Assets
BAM
BAM
VLTO
VLTO
Q1 26
Q4 25
$17.0B
$7.4B
Q3 25
$16.5B
$7.2B
Q2 25
$16.1B
$6.6B
Q1 25
$15.0B
Q4 24
$6.4B
Q3 24
$6.3B
Q2 24
$4.2B
$5.9B
Debt / Equity
BAM
BAM
VLTO
VLTO
Q1 26
Q4 25
0.94×
Q3 25
1.01×
Q2 25
1.14×
Q1 25
Q4 24
1.28×
Q3 24
1.35×
Q2 24
1.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BAM
BAM
VLTO
VLTO
Operating Cash FlowLast quarter
$562.0M
$182.0M
Free Cash FlowOCF − Capex
$170.0M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.91×
0.72×
TTM Free Cash FlowTrailing 4 quarters
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAM
BAM
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$562.0M
$270.0M
Q3 25
$745.0M
$339.0M
Q2 25
$529.0M
$157.0M
Q1 25
$265.0M
Q4 24
$285.0M
Q3 24
$567.0M
$224.0M
Q2 24
$159.0M
$251.0M
Free Cash Flow
BAM
BAM
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$258.0M
Q3 25
$323.0M
Q2 25
$142.0M
Q1 25
Q4 24
$263.0M
Q3 24
$215.0M
Q2 24
$240.0M
FCF Margin
BAM
BAM
VLTO
VLTO
Q1 26
12.0%
Q4 25
18.4%
Q3 25
23.6%
Q2 25
10.7%
Q1 25
Q4 24
19.6%
Q3 24
16.4%
Q2 24
18.6%
Capex Intensity
BAM
BAM
VLTO
VLTO
Q1 26
0.8%
Q4 25
0.9%
Q3 25
1.2%
Q2 25
1.1%
Q1 25
Q4 24
1.6%
Q3 24
0.7%
Q2 24
0.9%
Cash Conversion
BAM
BAM
VLTO
VLTO
Q1 26
0.72×
Q4 25
0.91×
1.13×
Q3 25
1.08×
1.53×
Q2 25
0.91×
0.70×
Q1 25
0.52×
Q4 24
1.26×
Q3 24
1.06×
1.02×
Q2 24
1.28×
1.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BAM
BAM

Incentive Fees$452.0M42%
Infrastruture$332.0M31%
Private Equity$174.0M16%
Renewable Power And Transition$66.0M6%
Other$47.0M4%
Management And Advisory Fees$14.0M1%

VLTO
VLTO

Segment breakdown not available.

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