vs
布鲁克菲尔德资产管理（BAM）与富兰克林邓普顿（BEN）财务数据对比。点击上方公司名可切换其他公司
富兰克林邓普顿的季度营收约是布鲁克菲尔德资产管理的2.1倍（$2.3B vs $1.1B）。布鲁克菲尔德资产管理净利率更高（56.7% vs 11.0%，领先45.7%）
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。
富兰克林资源（运营品牌为富兰克林邓普顿）是美国跨国投资管理控股集团，1947年创立于纽约，纽交所上市代码为BEN，命名源自创始人敬仰的本杰明·富兰克林，是全球知名的综合投资服务机构。
BAM vs BEN — 直观对比
营收规模更大
BEN
是对方的2.1倍
$1.1B
净利率更高
BAM
高出45.7%
11.0%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $2.3B |
| 净利润 | $615.0M | $255.5M |
| 毛利率 | — | — |
| 营业利润率 | 84.2% | 12.1% |
| 净利率 | 56.7% | 11.0% |
| 营收同比 | — | 3.4% |
| 净利润同比 | — | 56.2% |
| 每股收益（稀释后） | — | $0.46 |
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BAMBEN
| Q4 25 | $1.1B | $2.3B | ||
| Q3 25 | $974.0M | $2.3B | ||
| Q2 25 | $931.0M | $2.1B | ||
| Q1 25 | $954.0M | $2.1B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | $873.0M | $2.2B | ||
| Q2 24 | $821.0M | $2.1B | ||
| Q1 24 | $786.0M | $2.2B |
净利润BAMBEN
| Q4 25 | $615.0M | $255.5M | ||
| Q3 25 | $692.0M | $117.6M | ||
| Q2 25 | $584.0M | $92.3M | ||
| Q1 25 | $507.0M | $151.4M | ||
| Q4 24 | — | $163.6M | ||
| Q3 24 | $537.0M | $-84.7M | ||
| Q2 24 | $124.0M | $174.0M | ||
| Q1 24 | $373.0M | $124.2M |
营业利润率BAMBEN
| Q4 25 | 84.2% | 12.1% | ||
| Q3 25 | 79.1% | 3.6% | ||
| Q2 25 | 70.8% | 7.5% | ||
| Q1 25 | 61.0% | 6.9% | ||
| Q4 24 | — | 9.7% | ||
| Q3 24 | 72.5% | -6.8% | ||
| Q2 24 | 80.4% | 10.5% | ||
| Q1 24 | 56.5% | 6.0% |
净利率BAMBEN
| Q4 25 | 56.7% | 11.0% | ||
| Q3 25 | 71.0% | 5.0% | ||
| Q2 25 | 62.7% | 4.5% | ||
| Q1 25 | 53.1% | 7.2% | ||
| Q4 24 | — | 7.3% | ||
| Q3 24 | 61.5% | -3.8% | ||
| Q2 24 | 15.1% | 8.2% | ||
| Q1 24 | 47.5% | 5.8% |
每股收益（稀释后）BAMBEN
| Q4 25 | — | $0.46 | ||
| Q3 25 | — | $0.21 | ||
| Q2 25 | — | $0.15 | ||
| Q1 25 | — | $0.26 | ||
| Q4 24 | — | $0.29 | ||
| Q3 24 | — | $-0.20 | ||
| Q2 24 | — | $0.32 | ||
| Q1 24 | — | $0.23 |
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 | $1.6B | — |
| 总债务越低越好 | — | $2.4B |
| 股东权益账面价值 | $8.9B | $12.1B |
| 总资产 | $17.0B | $32.5B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资BAMBEN
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $480.0M | — | ||
| Q1 25 | $332.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $10.0M | — | ||
| Q1 24 | — | — |
总债务BAMBEN
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | — | $3.0B |
股东权益BAMBEN
| Q4 25 | $8.9B | $12.1B | ||
| Q3 25 | $8.5B | $12.1B | ||
| Q2 25 | $8.5B | $12.2B | ||
| Q1 25 | $8.5B | $12.3B | ||
| Q4 24 | — | $12.5B | ||
| Q3 24 | $9.0B | $12.5B | ||
| Q2 24 | $3.2B | $12.9B | ||
| Q1 24 | $2.2B | $12.9B |
总资产BAMBEN
| Q4 25 | $17.0B | $32.5B | ||
| Q3 25 | $16.5B | $32.4B | ||
| Q2 25 | $16.1B | $32.6B | ||
| Q1 25 | $15.0B | $32.0B | ||
| Q4 24 | — | $32.4B | ||
| Q3 24 | — | $32.5B | ||
| Q2 24 | $4.2B | $33.3B | ||
| Q1 24 | — | $32.9B |
负债/权益比BAMBEN
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.20× | ||
| Q2 25 | — | 0.22× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.22× | ||
| Q2 24 | — | 0.24× | ||
| Q1 24 | — | 0.24× |
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 | $562.0M | $-255.1M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 0.91× | -1.00× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BAMBEN
| Q4 25 | $562.0M | $-255.1M | ||
| Q3 25 | $745.0M | $-20.7M | ||
| Q2 25 | $529.0M | $1.3B | ||
| Q1 25 | $265.0M | $-50.1M | ||
| Q4 24 | — | $-145.2M | ||
| Q3 24 | $567.0M | $558.2M | ||
| Q2 24 | $159.0M | $528.4M | ||
| Q1 24 | $516.0M | $136.6M |
自由现金流BAMBEN
| Q4 25 | — | — | ||
| Q3 25 | — | $-51.9M | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $-87.6M | ||
| Q4 24 | — | $-217.0M | ||
| Q3 24 | — | $488.4M | ||
| Q2 24 | — | $482.3M | ||
| Q1 24 | — | $94.9M |
自由现金流率BAMBEN
| Q4 25 | — | — | ||
| Q3 25 | — | -2.2% | ||
| Q2 25 | — | 61.4% | ||
| Q1 25 | — | -4.1% | ||
| Q4 24 | — | -9.6% | ||
| Q3 24 | — | 22.1% | ||
| Q2 24 | — | 22.7% | ||
| Q1 24 | — | 4.4% |
资本支出强度BAMBEN
| Q4 25 | — | — | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 1.9% |
现金转化率BAMBEN
| Q4 25 | 0.91× | -1.00× | ||
| Q3 25 | 1.08× | -0.18× | ||
| Q2 25 | 0.91× | 13.89× | ||
| Q1 25 | 0.52× | -0.33× | ||
| Q4 24 | — | -0.89× | ||
| Q3 24 | 1.06× | — | ||
| Q2 24 | 1.28× | 3.04× | ||
| Q1 24 | 1.38× | 1.10× |
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
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% |
BEN
| Investment Advisory Management And Administrative Service | $1.8B | 79% |
| Sales And Distribution Fees | $388.7M | 17% |
| Shareholder Service | $70.9M | 3% |
| Service Other | $19.6M | 1% |
