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Abacus Global Management, Inc.（ABX）与布鲁克菲尔德资产管理（BAM）财务数据对比。点击上方公司名可切换其他公司
布鲁克菲尔德资产管理的季度营收约是Abacus Global Management, Inc.的15.1倍（$1.1B vs $71.9M）。布鲁克菲尔德资产管理净利率更高（56.7% vs 10.1%，领先46.6%）
Abacus集团是澳大利亚ASX 200指数成分公众上市公司，专注投资澳大利亚房地产投资信托，投资组合集中在写字楼与自助仓储领域，同时管理房地产开发的legacy投资项目。该公司原名为Abacus地产集团，2023年8月拆分出了自助仓储业务Abacus Storage King。
布鲁克菲尔德资产管理有限公司是加美两地的另类资产管理机构，2022年12月从布鲁克菲尔德集团的资管业务分拆成立，在全球范围内管理不动产、基础设施、可再生能源、私募股权及信贷市场等领域的投资。
ABX vs BAM — 直观对比
营收规模更大
BAM
是对方的15.1倍
$71.9M
净利率更高
BAM
高出46.6%
10.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $71.9M | $1.1B |
| 净利润 | $7.2M | $615.0M |
| 毛利率 | 88.8% | — |
| 营业利润率 | 31.7% | 84.2% |
| 净利率 | 10.1% | 56.7% |
| 营收同比 | 116.5% | — |
| 净利润同比 | 139.6% | — |
| 每股收益（稀释后） | $0.06 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ABXBAM
| Q4 25 | $71.9M | $1.1B | ||
| Q3 25 | $63.0M | $974.0M | ||
| Q2 25 | $56.2M | $931.0M | ||
| Q1 25 | $44.1M | $954.0M | ||
| Q4 24 | $33.2M | — | ||
| Q3 24 | $28.1M | $873.0M | ||
| Q2 24 | $29.1M | $821.0M | ||
| Q1 24 | $21.5M | $786.0M |
净利润ABXBAM
| Q4 25 | $7.2M | $615.0M | ||
| Q3 25 | $7.1M | $692.0M | ||
| Q2 25 | $17.6M | $584.0M | ||
| Q1 25 | $4.6M | $507.0M | ||
| Q4 24 | $-18.3M | — | ||
| Q3 24 | $-5.1M | $537.0M | ||
| Q2 24 | $770.0K | $124.0M | ||
| Q1 24 | $-1.3M | $373.0M |
毛利率ABXBAM
| Q4 25 | 88.8% | — | ||
| Q3 25 | 87.8% | — | ||
| Q2 25 | 89.2% | — | ||
| Q1 25 | 83.9% | — | ||
| Q4 24 | 88.8% | — | ||
| Q3 24 | 92.2% | — | ||
| Q2 24 | 90.6% | — | ||
| Q1 24 | 87.3% | — |
营业利润率ABXBAM
| Q4 25 | 31.7% | 84.2% | ||
| Q3 25 | 35.6% | 79.1% | ||
| Q2 25 | 40.1% | 70.8% | ||
| Q1 25 | 47.6% | 61.0% | ||
| Q4 24 | -50.5% | — | ||
| Q3 24 | 24.3% | 72.5% | ||
| Q2 24 | 23.3% | 80.4% | ||
| Q1 24 | 10.5% | 56.5% |
净利率ABXBAM
| Q4 25 | 10.1% | 56.7% | ||
| Q3 25 | 11.2% | 71.0% | ||
| Q2 25 | 31.3% | 62.7% | ||
| Q1 25 | 10.5% | 53.1% | ||
| Q4 24 | -55.0% | — | ||
| Q3 24 | -18.2% | 61.5% | ||
| Q2 24 | 2.6% | 15.1% | ||
| Q1 24 | -6.3% | 47.5% |
每股收益（稀释后）ABXBAM
| Q4 25 | $0.06 | — | ||
| Q3 25 | $0.07 | — | ||
| Q2 25 | $0.18 | — | ||
| Q1 25 | $0.05 | — | ||
| Q4 24 | $-0.26 | — | ||
| Q3 24 | $-0.07 | — | ||
| Q2 24 | $0.01 | — | ||
| Q1 24 | $-0.02 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $38.1M | $1.6B |
| 总债务越低越好 | $405.8M | — |
| 股东权益账面价值 | $418.5M | $8.9B |
| 总资产 | $902.2M | $17.0B |
| 负债/权益比越低杠杆越低 | 0.97× | — |
8季度趋势，按日历期对齐
现金及短期投资ABXBAM
| Q4 25 | $38.1M | $1.6B | ||
| Q3 25 | $86.4M | $1.1B | ||
| Q2 25 | $74.8M | $480.0M | ||
| Q1 25 | $43.8M | $332.0M | ||
| Q4 24 | $131.9M | — | ||
| Q3 24 | $19.4M | — | ||
| Q2 24 | $91.3M | $10.0M | ||
| Q1 24 | $65.4M | — |
总债务ABXBAM
| Q4 25 | $405.8M | — | ||
| Q3 25 | $409.3M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $380.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ABXBAM
| Q4 25 | $418.5M | $8.9B | ||
| Q3 25 | $434.6M | $8.5B | ||
| Q2 25 | $416.5M | $8.5B | ||
| Q1 25 | $430.6M | $8.5B | ||
| Q4 24 | $423.3M | — | ||
| Q3 24 | $257.9M | $9.0B | ||
| Q2 24 | $256.8M | $3.2B | ||
| Q1 24 | $165.3M | $2.2B |
总资产ABXBAM
| Q4 25 | $902.2M | $17.0B | ||
| Q3 25 | $918.9M | $16.5B | ||
| Q2 25 | $848.4M | $16.1B | ||
| Q1 25 | $856.5M | $15.0B | ||
| Q4 24 | $874.2M | — | ||
| Q3 24 | $477.3M | — | ||
| Q2 24 | $483.9M | $4.2B | ||
| Q1 24 | $376.7M | — |
负债/权益比ABXBAM
| Q4 25 | 0.97× | — | ||
| Q3 25 | 0.94× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.90× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-7.4M | $562.0M |
| 自由现金流经营现金流 - 资本支出 | $-7.6M | — |
| 自由现金流率自由现金流/营收 | -10.5% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 现金转化率经营现金流/净利润 | -1.03× | 0.91× |
| 过去12个月自由现金流最近4个季度 | $-26.6M | — |
8季度趋势，按日历期对齐
经营现金流ABXBAM
| Q4 25 | $-7.4M | $562.0M | ||
| Q3 25 | $-32.8M | $745.0M | ||
| Q2 25 | $76.1M | $529.0M | ||
| Q1 25 | $-61.6M | $265.0M | ||
| Q4 24 | $-92.0M | — | ||
| Q3 24 | $-52.3M | $567.0M | ||
| Q2 24 | $-67.1M | $159.0M | ||
| Q1 24 | $2.5M | $516.0M |
自由现金流ABXBAM
| Q4 25 | $-7.6M | — | ||
| Q3 25 | $-32.9M | — | ||
| Q2 25 | $75.7M | — | ||
| Q1 25 | $-61.8M | — | ||
| Q4 24 | $-92.2M | — | ||
| Q3 24 | $-52.5M | — | ||
| Q2 24 | $-67.2M | — | ||
| Q1 24 | $2.4M | — |
自由现金流率ABXBAM
| Q4 25 | -10.5% | — | ||
| Q3 25 | -52.3% | — | ||
| Q2 25 | 134.6% | — | ||
| Q1 25 | -140.0% | — | ||
| Q4 24 | -277.5% | — | ||
| Q3 24 | -186.6% | — | ||
| Q2 24 | -231.3% | — | ||
| Q1 24 | 10.9% | — |
资本支出强度ABXBAM
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 0.8% | — |
现金转化率ABXBAM
| Q4 25 | -1.03× | 0.91× | ||
| Q3 25 | -4.63× | 1.08× | ||
| Q2 25 | 4.33× | 0.91× | ||
| Q1 25 | -13.28× | 0.52× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.06× | ||
| Q2 24 | -87.09× | 1.28× | ||
| Q1 24 | — | 1.38× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ABX
| Life Solutions Segment | $63.0M | 88% |
| Asset Management Segment | $8.7M | 12% |
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% |
