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

Zimmer Biomet 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 11.4%, a 45.3% 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.

Zimmer Biomet Holdings, Inc. is a publicly traded American medical device company. It was founded in 1927 to produce aluminum splints. The firm is headquartered in Warsaw, Indiana, where it is part of the medical devices business cluster.

BAM vs ZBH — Head-to-Head

Bigger by revenue
ZBH
ZBH
1.9× larger
ZBH
$2.1B
$1.1B
BAM
Higher net margin
BAM
BAM
45.3% more per $
BAM
56.7%
11.4%
ZBH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BAM
BAM
ZBH
ZBH
Revenue
$1.1B
$2.1B
Net Profit
$615.0M
$238.3M
Gross Margin
64.6%
Operating Margin
84.2%
17.9%
Net Margin
56.7%
11.4%
Revenue YoY
9.3%
Net Profit YoY
30.5%
EPS (diluted)
$1.22

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
ZBH
ZBH
Q1 26
$2.1B
Q4 25
$1.1B
$2.2B
Q3 25
$974.0M
$2.0B
Q2 25
$931.0M
$2.1B
Q1 25
$954.0M
$1.9B
Q4 24
$2.0B
Q3 24
$873.0M
$1.8B
Q2 24
$821.0M
$1.9B
Net Profit
BAM
BAM
ZBH
ZBH
Q1 26
$238.3M
Q4 25
$615.0M
$139.4M
Q3 25
$692.0M
$230.9M
Q2 25
$584.0M
$152.8M
Q1 25
$507.0M
$182.0M
Q4 24
$239.5M
Q3 24
$537.0M
$249.1M
Q2 24
$124.0M
$242.8M
Gross Margin
BAM
BAM
ZBH
ZBH
Q1 26
64.6%
Q4 25
64.7%
Q3 25
72.1%
Q2 25
71.5%
Q1 25
71.2%
Q4 24
71.0%
Q3 24
70.5%
Q2 24
71.5%
Operating Margin
BAM
BAM
ZBH
ZBH
Q1 26
17.9%
Q4 25
84.2%
6.9%
Q3 25
79.1%
17.6%
Q2 25
70.8%
14.4%
Q1 25
61.0%
15.3%
Q4 24
19.2%
Q3 24
72.5%
15.3%
Q2 24
80.4%
18.1%
Net Margin
BAM
BAM
ZBH
ZBH
Q1 26
11.4%
Q4 25
56.7%
6.2%
Q3 25
71.0%
11.5%
Q2 25
62.7%
7.4%
Q1 25
53.1%
9.5%
Q4 24
11.8%
Q3 24
61.5%
13.7%
Q2 24
15.1%
12.5%
EPS (diluted)
BAM
BAM
ZBH
ZBH
Q1 26
$1.22
Q4 25
$0.71
Q3 25
$1.16
Q2 25
$0.77
Q1 25
$0.91
Q4 24
$1.18
Q3 24
$1.23
Q2 24
$1.18

Balance Sheet & Financial Strength

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

Metric
BAM
BAM
ZBH
ZBH
Cash + ST InvestmentsLiquidity on hand
$1.6B
$424.2M
Total DebtLower is stronger
$7.5B
Stockholders' EquityBook value
$8.9B
$12.7B
Total Assets
$17.0B
$22.7B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAM
BAM
ZBH
ZBH
Q1 26
$424.2M
Q4 25
$1.6B
$591.9M
Q3 25
$1.1B
$1.3B
Q2 25
$480.0M
$556.9M
Q1 25
$332.0M
$1.4B
Q4 24
$525.5M
Q3 24
$569.0M
Q2 24
$10.0M
$420.1M
Total Debt
BAM
BAM
ZBH
ZBH
Q1 26
$7.5B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BAM
BAM
ZBH
ZBH
Q1 26
$12.7B
Q4 25
$8.9B
$12.7B
Q3 25
$8.5B
$12.8B
Q2 25
$8.5B
$12.5B
Q1 25
$8.5B
$12.4B
Q4 24
$12.5B
Q3 24
$9.0B
$12.4B
Q2 24
$3.2B
$12.7B
Total Assets
BAM
BAM
ZBH
ZBH
Q1 26
$22.7B
Q4 25
$17.0B
$23.1B
Q3 25
$16.5B
$23.5B
Q2 25
$16.1B
$22.9B
Q1 25
$15.0B
$22.2B
Q4 24
$21.4B
Q3 24
$21.7B
Q2 24
$4.2B
$21.5B
Debt / Equity
BAM
BAM
ZBH
ZBH
Q1 26
0.59×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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
ZBH
ZBH
Operating Cash FlowLast quarter
$562.0M
$359.4M
Free Cash FlowOCF − Capex
$245.9M
FCF MarginFCF / Revenue
11.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.91×
1.51×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAM
BAM
ZBH
ZBH
Q1 26
$359.4M
Q4 25
$562.0M
$517.4M
Q3 25
$745.0M
$418.7M
Q2 25
$529.0M
$378.2M
Q1 25
$265.0M
$382.8M
Q4 24
$506.3M
Q3 24
$567.0M
$395.7M
Q2 24
$159.0M
$369.4M
Free Cash Flow
BAM
BAM
ZBH
ZBH
Q1 26
$245.9M
Q4 25
$442.6M
Q3 25
$363.7M
Q2 25
$328.1M
Q1 25
$338.2M
Q4 24
$454.8M
Q3 24
$351.2M
Q2 24
$316.7M
FCF Margin
BAM
BAM
ZBH
ZBH
Q1 26
11.8%
Q4 25
19.7%
Q3 25
18.2%
Q2 25
15.8%
Q1 25
17.7%
Q4 24
22.5%
Q3 24
19.3%
Q2 24
16.3%
Capex Intensity
BAM
BAM
ZBH
ZBH
Q1 26
Q4 25
3.3%
Q3 25
2.7%
Q2 25
2.4%
Q1 25
2.3%
Q4 24
2.5%
Q3 24
2.4%
Q2 24
2.7%
Cash Conversion
BAM
BAM
ZBH
ZBH
Q1 26
1.51×
Q4 25
0.91×
3.71×
Q3 25
1.08×
1.81×
Q2 25
0.91×
2.48×
Q1 25
0.52×
2.10×
Q4 24
2.11×
Q3 24
1.06×
1.59×
Q2 24
1.28×
1.52×

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%

ZBH
ZBH

Segment breakdown not available.

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