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布鲁克菲尔德资产管理（BAM）与纽约时报公司（NYT）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纽约时报公司的1.4倍（$1.1B vs $802.3M），布鲁克菲尔德资产管理净利率更高（56.7% vs 16.2%，领先40.5%）
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。
纽约时报公司是美国知名大众传媒企业，总部位于纽约市曼哈顿的纽约时报大厦，旗下核心出版产品包括《纽约时报》及其国际版等系列刊物，同时运营多元媒体资产，在全球新闻传媒领域拥有较高知名度。
BAM vs NYT — 直观对比
营收规模更大
BAM
是对方的1.4倍
$802.3M
净利率更高
BAM
高出40.5%
16.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $802.3M |
| 净利润 | $615.0M | $129.8M |
| 毛利率 | — | — |
| 营业利润率 | 84.2% | 20.1% |
| 净利率 | 56.7% | 16.2% |
| 营收同比 | — | 10.4% |
| 净利润同比 | — | 4.9% |
| 每股收益（稀释后） | — | $0.79 |
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BAMNYT
| Q4 25 | $1.1B | $802.3M | ||
| Q3 25 | $974.0M | $700.8M | ||
| Q2 25 | $931.0M | $685.9M | ||
| Q1 25 | $954.0M | $635.9M | ||
| Q4 24 | — | $726.6M | ||
| Q3 24 | $873.0M | $640.2M | ||
| Q2 24 | $821.0M | $625.1M | ||
| Q1 24 | $786.0M | $594.0M |
净利润BAMNYT
| Q4 25 | $615.0M | $129.8M | ||
| Q3 25 | $692.0M | $81.6M | ||
| Q2 25 | $584.0M | $82.9M | ||
| Q1 25 | $507.0M | $49.6M | ||
| Q4 24 | — | $123.7M | ||
| Q3 24 | $537.0M | $64.1M | ||
| Q2 24 | $124.0M | $65.5M | ||
| Q1 24 | $373.0M | $40.4M |
营业利润率BAMNYT
| Q4 25 | 84.2% | 20.1% | ||
| Q3 25 | 79.1% | 15.0% | ||
| Q2 25 | 70.8% | 15.5% | ||
| Q1 25 | 61.0% | 9.2% | ||
| Q4 24 | — | 20.2% | ||
| Q3 24 | 72.5% | 12.0% | ||
| Q2 24 | 80.4% | 12.7% | ||
| Q1 24 | 56.5% | 8.1% |
净利率BAMNYT
| Q4 25 | 56.7% | 16.2% | ||
| Q3 25 | 71.0% | 11.7% | ||
| Q2 25 | 62.7% | 12.1% | ||
| Q1 25 | 53.1% | 7.8% | ||
| Q4 24 | — | 17.0% | ||
| Q3 24 | 61.5% | 10.0% | ||
| Q2 24 | 15.1% | 10.5% | ||
| Q1 24 | 47.5% | 6.8% |
每股收益（稀释后）BAMNYT
| Q4 25 | — | $0.79 | ||
| Q3 25 | — | $0.50 | ||
| Q2 25 | — | $0.50 | ||
| Q1 25 | — | $0.30 | ||
| Q4 24 | — | $0.74 | ||
| Q3 24 | — | $0.39 | ||
| Q2 24 | — | $0.40 | ||
| Q1 24 | — | $0.24 |
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 | $642.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.9B | $2.0B |
| 总资产 | $17.0B | $3.0B |
| 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BAMNYT
| Q4 25 | $1.6B | $642.2M | ||
| Q3 25 | $1.1B | $617.4M | ||
| Q2 25 | $480.0M | $540.2M | ||
| Q1 25 | $332.0M | $522.1M | ||
| Q4 24 | — | $565.9M | ||
| Q3 24 | — | $492.9M | ||
| Q2 24 | $10.0M | $411.4M | ||
| Q1 24 | — | $379.1M |
股东权益BAMNYT
| Q4 25 | $8.9B | $2.0B | ||
| Q3 25 | $8.5B | $2.0B | ||
| Q2 25 | $8.5B | $1.9B | ||
| Q1 25 | $8.5B | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | $9.0B | $1.9B | ||
| Q2 24 | $3.2B | $1.8B | ||
| Q1 24 | $2.2B | $1.7B |
总资产BAMNYT
| Q4 25 | $17.0B | $3.0B | ||
| Q3 25 | $16.5B | $2.9B | ||
| Q2 25 | $16.1B | $2.8B | ||
| Q1 25 | $15.0B | $2.7B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | $4.2B | $2.7B | ||
| Q1 24 | — | $2.6B |
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 | $164.2M |
| 自由现金流经营现金流 - 资本支出 | — | $157.6M |
| 自由现金流率自由现金流/营收 | — | 19.6% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | 0.91× | 1.26× |
| 过去12个月自由现金流最近4个季度 | — | $550.5M |
8季度趋势，按日历期对齐
经营现金流BAMNYT
| Q4 25 | $562.0M | $164.2M | ||
| Q3 25 | $745.0M | $207.6M | ||
| Q2 25 | $529.0M | $113.6M | ||
| Q1 25 | $265.0M | $99.1M | ||
| Q4 24 | — | $151.7M | ||
| Q3 24 | $567.0M | $125.5M | ||
| Q2 24 | $159.0M | $80.2M | ||
| Q1 24 | $516.0M | $53.1M |
自由现金流BAMNYT
| Q4 25 | — | $157.6M | ||
| Q3 25 | — | $199.7M | ||
| Q2 25 | — | $103.3M | ||
| Q1 25 | — | $89.9M | ||
| Q4 24 | — | $143.6M | ||
| Q3 24 | — | $118.4M | ||
| Q2 24 | — | $72.6M | ||
| Q1 24 | — | $46.7M |
自由现金流率BAMNYT
| Q4 25 | — | 19.6% | ||
| Q3 25 | — | 28.5% | ||
| Q2 25 | — | 15.1% | ||
| Q1 25 | — | 14.1% | ||
| Q4 24 | — | 19.8% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 11.6% | ||
| Q1 24 | — | 7.9% |
资本支出强度BAMNYT
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 1.1% |
现金转化率BAMNYT
| Q4 25 | 0.91× | 1.26× | ||
| Q3 25 | 1.08× | 2.54× | ||
| Q2 25 | 0.91× | 1.37× | ||
| Q1 25 | 0.52× | 2.00× | ||
| Q4 24 | — | 1.23× | ||
| Q3 24 | 1.06× | 1.96× | ||
| Q2 24 | 1.28× | 1.22× | ||
| Q1 24 | 1.38× | 1.31× |
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% |
NYT
| Subscription | $510.5M | 64% |
| Advertising | $191.7M | 24% |
| Affiliate Licensing And Other Products And Services | $100.2M | 12% |
