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Side-by-side financial comparison of BROOKFIELD Corp (BN) and Dell Technologies (DELL). Click either name above to swap in a different company.

Dell Technologies is the larger business by last-quarter revenue ($27.0B vs $18.1B, roughly 1.5× BROOKFIELD Corp). BROOKFIELD Corp runs the higher net margin — 5.8% vs 5.7%, a 0.1% gap on every dollar of revenue. Dell Technologies produced more free cash flow last quarter ($503.0M vs $-745.0M).

Brookfield Properties is a North American subsidiary of commercial real estate firm Brookfield Property Partners, which itself is a subsidiary of alternative asset management company Brookfield Corporation. It is responsible for the asset management of the company's real estate portfolio, including office, multi-family residential, retail, hospitality, and logistics buildings.

Dell Technologies Inc. is an American multinational technology company that has been headquartered in Round Rock, Texas since 1994. It was formed as a result of the September 2016 merger of Dell and EMC Corporation.

BN vs DELL — Head-to-Head

Bigger by revenue
DELL
DELL
1.5× larger
DELL
$27.0B
$18.1B
BN
Higher net margin
BN
BN
0.1% more per $
BN
5.8%
5.7%
DELL
More free cash flow
DELL
DELL
$1.2B more FCF
DELL
$503.0M
$-745.0M
BN

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
BN
BN
DELL
DELL
Revenue
$18.1B
$27.0B
Net Profit
$1.1B
$1.5B
Gross Margin
20.7%
Operating Margin
7.8%
Net Margin
5.8%
5.7%
Revenue YoY
10.8%
Net Profit YoY
36.7%
EPS (diluted)
$0.15
$2.28

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
BN
BN
DELL
DELL
Q4 25
$27.0B
Q2 25
$18.1B
$23.4B
Q4 24
$24.4B
Q3 24
$25.0B
Q2 24
$22.2B
Q1 24
$22.3B
Q4 23
$22.3B
Q3 23
$22.9B
Net Profit
BN
BN
DELL
DELL
Q4 25
$1.5B
Q2 25
$1.1B
$965.0M
Q4 24
$1.1B
Q3 24
$846.0M
Q2 24
$960.0M
Q1 24
$1.2B
Q4 23
$1.0B
Q3 23
$462.0M
Gross Margin
BN
BN
DELL
DELL
Q4 25
20.7%
Q2 25
21.1%
Q4 24
21.8%
Q3 24
21.2%
Q2 24
21.6%
Q1 24
23.8%
Q4 23
23.1%
Q3 23
23.5%
Operating Margin
BN
BN
DELL
DELL
Q4 25
7.8%
Q2 25
5.0%
Q4 24
6.8%
Q3 24
5.4%
Q2 24
4.1%
Q1 24
6.7%
Q4 23
6.7%
Q3 23
5.1%
Net Margin
BN
BN
DELL
DELL
Q4 25
5.7%
Q2 25
5.8%
4.1%
Q4 24
4.6%
Q3 24
3.4%
Q2 24
4.3%
Q1 24
5.2%
Q4 23
4.5%
Q3 23
2.0%
EPS (diluted)
BN
BN
DELL
DELL
Q4 25
$2.28
Q2 25
$0.15
$1.37
Q4 24
$1.58
Q3 24
$1.17
Q2 24
$1.32
Q1 24
$1.82
Q4 23
$1.36
Q3 23
$0.63

Balance Sheet & Financial Strength

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

Metric
BN
BN
DELL
DELL
Cash + ST InvestmentsLiquidity on hand
$13.7B
$9.6B
Total DebtLower is stronger
$31.2B
Stockholders' EquityBook value
$161.6B
$-2.6B
Total Assets
$506.1B
$87.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BN
BN
DELL
DELL
Q4 25
$9.6B
Q2 25
$13.7B
$7.7B
Q4 24
$5.2B
Q3 24
$4.5B
Q2 24
$5.8B
Q1 24
$7.4B
Q4 23
$8.3B
Q3 23
$8.4B
Total Debt
BN
BN
DELL
DELL
Q4 25
$31.2B
Q2 25
$28.8B
Q4 24
$25.0B
Q3 24
$24.5B
Q2 24
$25.5B
Q1 24
$26.0B
Q4 23
$26.6B
Q3 23
$27.1B
Stockholders' Equity
BN
BN
DELL
DELL
Q4 25
$-2.6B
Q2 25
$161.6B
$-3.0B
Q4 24
$-2.3B
Q3 24
$-2.9B
Q2 24
$-2.8B
Q1 24
$-2.4B
Q4 23
$-2.7B
Q3 23
$-2.8B
Total Assets
BN
BN
DELL
DELL
Q4 25
$87.5B
Q2 25
$506.1B
$86.9B
Q4 24
$82.0B
Q3 24
$82.7B
Q2 24
$80.2B
Q1 24
$82.1B
Q4 23
$83.3B
Q3 23
$85.7B

Cash Flow & Capital Efficiency

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

Metric
BN
BN
DELL
DELL
Operating Cash FlowLast quarter
$2.0B
$1.2B
Free Cash FlowOCF − Capex
$-745.0M
$503.0M
FCF MarginFCF / Revenue
-4.1%
1.9%
Capex IntensityCapex / Revenue
15.2%
2.5%
Cash ConversionOCF / Net Profit
1.91×
0.76×
TTM Free Cash FlowTrailing 4 quarters
$4.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BN
BN
DELL
DELL
Q4 25
$1.2B
Q2 25
$2.0B
$2.8B
Q4 24
$1.6B
Q3 24
$1.3B
Q2 24
$1.0B
Q1 24
$1.5B
Q4 23
$2.2B
Q3 23
$3.2B
Free Cash Flow
BN
BN
DELL
DELL
Q4 25
$503.0M
Q2 25
$-745.0M
$2.2B
Q4 24
$914.0M
Q3 24
$658.0M
Q2 24
$447.0M
Q1 24
$806.0M
Q4 23
$1.4B
Q3 23
$2.6B
FCF Margin
BN
BN
DELL
DELL
Q4 25
1.9%
Q2 25
-4.1%
9.5%
Q4 24
3.8%
Q3 24
2.6%
Q2 24
2.0%
Q1 24
3.6%
Q4 23
6.5%
Q3 23
11.3%
Capex Intensity
BN
BN
DELL
DELL
Q4 25
2.5%
Q2 25
15.2%
2.4%
Q4 24
2.6%
Q3 24
2.7%
Q2 24
2.7%
Q1 24
3.3%
Q4 23
3.2%
Q3 23
2.7%
Cash Conversion
BN
BN
DELL
DELL
Q4 25
0.76×
Q2 25
1.91×
2.90×
Q4 24
1.37×
Q3 24
1.58×
Q2 24
1.09×
Q1 24
1.32×
Q4 23
2.14×
Q3 23
6.96×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BN
BN

Segment breakdown not available.

DELL
DELL

Products$21.3B79%
Storage$4.0B15%
Consumer$1.9B7%

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