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布鲁克菲尔德资产管理（BAM）与Broadridge Financial Solutions（BR）财务数据对比。点击上方公司名可切换其他公司
Broadridge Financial Solutions的季度营收约是布鲁克菲尔德资产管理的1.6倍（$1.7B vs $1.1B），布鲁克菲尔德资产管理净利率更高（56.7% vs 16.6%，领先40.1%）
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。
Broadridge Financial Solutions是2007年从自动数据处理公司（ADP）分拆成立的上市企业服务及金融科技企业，总部位于纽约莱克萨克塞斯，为金融行业客户提供股东委托书、年报等金融单证服务，以及线上年会等股东沟通解决方案。
BAM vs BR — 直观对比
营收规模更大
BR
是对方的1.6倍
$1.1B
净利率更高
BAM
高出40.1%
16.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.7B |
| 净利润 | $615.0M | $284.6M |
| 毛利率 | — | 27.6% |
| 营业利润率 | 84.2% | 12.0% |
| 净利率 | 56.7% | 16.6% |
| 营收同比 | — | -5.4% |
| 净利润同比 | — | 17.1% |
| 每股收益（稀释后） | — | $2.42 |
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BAMBR
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $974.0M | — | ||
| Q2 25 | $931.0M | $2.1B | ||
| Q1 25 | $954.0M | $1.8B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $873.0M | $1.4B | ||
| Q2 24 | $821.0M | $1.9B | ||
| Q1 24 | $786.0M | $1.7B |
净利润BAMBR
| Q4 25 | $615.0M | $284.6M | ||
| Q3 25 | $692.0M | — | ||
| Q2 25 | $584.0M | $374.2M | ||
| Q1 25 | $507.0M | $243.1M | ||
| Q4 24 | — | $142.4M | ||
| Q3 24 | $537.0M | $79.8M | ||
| Q2 24 | $124.0M | $323.2M | ||
| Q1 24 | $373.0M | $213.7M |
毛利率BAMBR
| Q4 25 | — | 27.6% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 37.3% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 27.9% | ||
| Q3 24 | — | 24.5% | ||
| Q2 24 | — | 35.5% | ||
| Q1 24 | — | 31.2% |
营业利润率BAMBR
| Q4 25 | 84.2% | 12.0% | ||
| Q3 25 | 79.1% | — | ||
| Q2 25 | 70.8% | 24.1% | ||
| Q1 25 | 61.0% | 19.0% | ||
| Q4 24 | — | 13.3% | ||
| Q3 24 | 72.5% | 9.4% | ||
| Q2 24 | 80.4% | 22.7% | ||
| Q1 24 | 56.5% | 17.5% |
净利率BAMBR
| Q4 25 | 56.7% | 16.6% | ||
| Q3 25 | 71.0% | — | ||
| Q2 25 | 62.7% | 18.1% | ||
| Q1 25 | 53.1% | 13.4% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | 61.5% | 5.6% | ||
| Q2 24 | 15.1% | 16.6% | ||
| Q1 24 | 47.5% | 12.4% |
每股收益（稀释后）BAMBR
| Q4 25 | — | $2.42 | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $3.17 | ||
| Q1 25 | — | $2.05 | ||
| Q4 24 | — | $1.20 | ||
| Q3 24 | — | $0.68 | ||
| Q2 24 | — | $2.72 | ||
| Q1 24 | — | $1.79 |
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 | $371.5M |
| 总债务越低越好 | — | $3.2B |
| 股东权益账面价值 | $8.9B | $2.9B |
| 总资产 | $17.0B | $8.6B |
| 负债/权益比越低杠杆越低 | — | 1.10× |
8季度趋势，按日历期对齐
现金及短期投资BAMBR
| Q4 25 | $1.6B | $371.5M | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $480.0M | $562.2M | ||
| Q1 25 | $332.0M | $317.9M | ||
| Q4 24 | — | $290.6M | ||
| Q3 24 | — | $293.5M | ||
| Q2 24 | $10.0M | $305.2M | ||
| Q1 24 | — | $236.4M |
总债务BAMBR
| Q4 25 | — | $3.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $3.3B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.4B | ||
| Q1 24 | — | $3.5B |
股东权益BAMBR
| Q4 25 | $8.9B | $2.9B | ||
| Q3 25 | $8.5B | — | ||
| Q2 25 | $8.5B | $2.7B | ||
| Q1 25 | $8.5B | $2.4B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | $9.0B | $2.2B | ||
| Q2 24 | $3.2B | $2.2B | ||
| Q1 24 | $2.2B | $2.3B |
总资产BAMBR
| Q4 25 | $17.0B | $8.6B | ||
| Q3 25 | $16.5B | — | ||
| Q2 25 | $16.1B | $8.5B | ||
| Q1 25 | $15.0B | $8.3B | ||
| Q4 24 | — | $8.2B | ||
| Q3 24 | — | $8.0B | ||
| Q2 24 | $4.2B | $8.2B | ||
| Q1 24 | — | $8.2B |
负债/权益比BAMBR
| Q4 25 | — | 1.10× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.22× | ||
| Q1 25 | — | 1.44× | ||
| Q4 24 | — | 1.64× | ||
| Q3 24 | — | 1.63× | ||
| Q2 24 | — | 1.55× | ||
| Q1 24 | — | 1.55× |
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 | — |
| 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× | — |
| 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BAMBR
| Q4 25 | $562.0M | — | ||
| Q3 25 | $745.0M | — | ||
| Q2 25 | $529.0M | $699.7M | ||
| Q1 25 | $265.0M | $360.4M | ||
| Q4 24 | — | $236.7M | ||
| Q3 24 | $567.0M | $-125.5M | ||
| Q2 24 | $159.0M | $721.0M | ||
| Q1 24 | $516.0M | $207.4M |
自由现金流BAMBR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $684.1M | ||
| Q1 25 | — | $348.9M | ||
| Q4 24 | — | $227.9M | ||
| Q3 24 | — | $-133.4M | ||
| Q2 24 | — | $703.2M | ||
| Q1 24 | — | $184.6M |
自由现金流率BAMBR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 33.1% | ||
| Q1 25 | — | 19.3% | ||
| Q4 24 | — | 14.3% | ||
| Q3 24 | — | -9.4% | ||
| Q2 24 | — | 36.2% | ||
| Q1 24 | — | 10.7% |
资本支出强度BAMBR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.9% | ||
| Q1 24 | — | 1.3% |
现金转化率BAMBR
| Q4 25 | 0.91× | — | ||
| Q3 25 | 1.08× | — | ||
| Q2 25 | 0.91× | 1.87× | ||
| Q1 25 | 0.52× | 1.48× | ||
| Q4 24 | — | 1.66× | ||
| Q3 24 | 1.06× | -1.57× | ||
| Q2 24 | 1.28× | 2.23× | ||
| Q1 24 | 1.38× | 0.97× |
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% |
BR
| Recurring Fee Revenue Investor Communication Solutions | $589.5M | 34% |
| Recurring Fee Revenue Capital Markets | $300.9M | 18% |
| Recurring Fee Revenue Regulatory | $248.7M | 15% |
| Recurring Fee Revenue Customer Communications | $189.2M | 11% |
| Recurring Fee Revenue Wealth And Investment Management | $179.7M | 10% |
| Recurring Fee Revenue Data Driven Fund Solutions | $112.7M | 7% |
| Event Driven Revenue Mutual Funds | $51.4M | 3% |
| Event Driven Revenue Equity And Other | $39.2M | 2% |
| Global Technology And Operations | $7.5M | 0% |
