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布鲁克菲尔德资产管理（BAM）与埃培智集团（IPG）财务数据对比。点击上方公司名可切换其他公司
埃培智集团的季度营收约是布鲁克菲尔德资产管理的1.6倍（$2.1B vs $1.3B），布鲁克菲尔德资产管理净利率更高（43.8% vs 5.8%，领先38.0%），布鲁克菲尔德资产管理同比增速更快（23.8% vs -4.8%），过去两年布鲁克菲尔德资产管理的营收复合增速更高（30.5% vs -9.1%）
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。
埃培智集团（IPG）是总部位于美国纽约的广告营销传播集团，旗下拥有FCB、IPG盟博、麦肯世界集团、睿狮集团等五大核心业务网络，以及公关、体育营销、艺人经纪、医疗营销等领域的多家专业独立代理商，被宏盟收购前是与WPP、阳狮、宏盟齐名的全球广告行业“四大集团”之一。
BAM vs IPG — 直观对比
营收规模更大
IPG
是对方的1.6倍
$1.3B
营收增速更快
BAM
高出28.5%
-4.8%
净利率更高
BAM
高出38.0%
5.8%
两年增速更快
BAM
近两年复合增速
-9.1%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $2.1B |
| 净利润 | $586.0M | $124.2M |
| 毛利率 | — | — |
| 营业利润率 | — | 10.3% |
| 净利率 | 43.8% | 5.8% |
| 营收同比 | 23.8% | -4.8% |
| 净利润同比 | 15.6% | 517.9% |
| 每股收益（稀释后） | $0.38 | $0.34 |
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BAMIPG
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $974.0M | $2.1B | ||
| Q2 25 | $931.0M | $2.2B | ||
| Q1 25 | $954.0M | $2.0B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | $873.0M | $2.2B | ||
| Q2 24 | $821.0M | $2.3B |
净利润BAMIPG
| Q1 26 | $586.0M | — | ||
| Q4 25 | $615.0M | — | ||
| Q3 25 | $692.0M | $124.2M | ||
| Q2 25 | $584.0M | $162.5M | ||
| Q1 25 | $507.0M | $-85.4M | ||
| Q4 24 | — | $344.5M | ||
| Q3 24 | $537.0M | $20.1M | ||
| Q2 24 | $124.0M | $214.5M |
毛利率BAMIPG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -3.2% | ||
| Q4 24 | — | 10.1% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 1.2% |
营业利润率BAMIPG
| Q1 26 | — | — | ||
| Q4 25 | 84.2% | — | ||
| Q3 25 | 79.1% | 10.3% | ||
| Q2 25 | 70.8% | 11.2% | ||
| Q1 25 | 61.0% | -2.1% | ||
| Q4 24 | — | 23.3% | ||
| Q3 24 | 72.5% | 5.9% | ||
| Q2 24 | 80.4% | 13.7% |
净利率BAMIPG
| Q1 26 | 43.8% | — | ||
| Q4 25 | 56.7% | — | ||
| Q3 25 | 71.0% | 5.8% | ||
| Q2 25 | 62.7% | 7.5% | ||
| Q1 25 | 53.1% | -4.3% | ||
| Q4 24 | — | 14.1% | ||
| Q3 24 | 61.5% | 0.9% | ||
| Q2 24 | 15.1% | 9.2% |
每股收益（稀释后）BAMIPG
| Q1 26 | $0.38 | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $0.34 | ||
| Q2 25 | — | $0.44 | ||
| Q1 25 | — | $-0.23 | ||
| Q4 24 | — | $0.92 | ||
| Q3 24 | — | $0.05 | ||
| Q2 24 | — | $0.57 |
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 | $1.0M | $1.5B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.6M | $3.7B |
| 总资产 | $17.9M | $17.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BAMIPG
| Q1 26 | $1.0M | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.1B | $1.5B | ||
| Q2 25 | $480.0M | $1.6B | ||
| Q1 25 | $332.0M | $1.9B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | $10.0M | $1.5B |
股东权益BAMIPG
| Q1 26 | $8.6M | — | ||
| Q4 25 | $8.9B | — | ||
| Q3 25 | $8.5B | $3.7B | ||
| Q2 25 | $8.5B | $3.7B | ||
| Q1 25 | $8.5B | $3.6B | ||
| Q4 24 | — | $3.8B | ||
| Q3 24 | $9.0B | $3.7B | ||
| Q2 24 | $3.2B | $3.8B |
总资产BAMIPG
| Q1 26 | $17.9M | — | ||
| Q4 25 | $17.0B | — | ||
| Q3 25 | $16.5B | $17.0B | ||
| Q2 25 | $16.1B | $17.0B | ||
| Q1 25 | $15.0B | $17.1B | ||
| Q4 24 | — | $18.3B | ||
| Q3 24 | — | $17.1B | ||
| Q2 24 | $4.2B | $17.0B |
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 | — | $180.1M |
| 自由现金流经营现金流 - 资本支出 | — | $153.6M |
| 自由现金流率自由现金流/营收 | — | 7.2% |
| 资本支出强度资本支出/营收 | — | 1.2% |
| 现金转化率经营现金流/净利润 | — | 1.45× |
| 过去12个月自由现金流最近4个季度 | — | $806.8M |
8季度趋势，按日历期对齐
经营现金流BAMIPG
| Q1 26 | — | — | ||
| Q4 25 | $562.0M | — | ||
| Q3 25 | $745.0M | $180.1M | ||
| Q2 25 | $529.0M | $-96.0M | ||
| Q1 25 | $265.0M | $-37.0M | ||
| Q4 24 | — | $868.1M | ||
| Q3 24 | $567.0M | $223.8M | ||
| Q2 24 | $159.0M | $120.7M |
自由现金流BAMIPG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $153.6M | ||
| Q2 25 | — | $-121.8M | ||
| Q1 25 | — | $-58.5M | ||
| Q4 24 | — | $833.5M | ||
| Q3 24 | — | $186.5M | ||
| Q2 24 | — | $85.9M |
自由现金流率BAMIPG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 7.2% | ||
| Q2 25 | — | -5.6% | ||
| Q1 25 | — | -2.9% | ||
| Q4 24 | — | 34.2% | ||
| Q3 24 | — | 8.3% | ||
| Q2 24 | — | 3.7% |
资本支出强度BAMIPG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 1.5% |
现金转化率BAMIPG
| Q1 26 | — | — | ||
| Q4 25 | 0.91× | — | ||
| Q3 25 | 1.08× | 1.45× | ||
| Q2 25 | 0.91× | -0.59× | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | — | 2.52× | ||
| Q3 24 | 1.06× | 11.13× | ||
| Q2 24 | 1.28× | 0.56× |
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
| Management and incentive fee revenues | $990.0M | 74% |
| Other revenues | $236.0M | 18% |
| Other | $112.0M | 8% |
IPG
| MDE | $619.0M | 29% |
| IAC | $574.9M | 27% |
| Other | $527.9M | 25% |
| SCE | $413.8M | 19% |
