vs
布鲁克菲尔德资产管理（BAM）与REPUBLIC AIRWAYS HOLDINGS INC.（RJET）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REPUBLIC AIRWAYS HOLDINGS INC.的1.0倍（$1.1B vs $1.1B）
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。
共和航空控股是一家总部位于美国印第安纳州印第安纳波利斯的航空控股企业，旗下拥有梅萨航空与共和航空两家支线航空公司。两家公司合计运营的巴航工业E170与E175客机规模为全球第一，公司多数股权由与其签订合作协议的美国航空、达美航空、联合航空这几家干线航司持有。
BAM vs RJET — 直观对比
营收规模更大
BAM
是对方的1.0倍
$1.1B
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.1B |
| 净利润 | $615.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 84.2% | 22.0% |
| 净利率 | 56.7% | — |
| 营收同比 | — | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | $3.13 |
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BAMRJET
| Q4 25 | $1.1B | $1.1B | ||
| Q3 25 | $974.0M | $90.7M | ||
| Q2 25 | $931.0M | $92.8M | ||
| Q1 25 | $954.0M | $94.7M | ||
| Q4 24 | — | $808.3M | ||
| Q3 24 | $873.0M | — | ||
| Q2 24 | $821.0M | $110.8M | ||
| Q1 24 | $786.0M | $131.6M |
净利润BAMRJET
| Q4 25 | $615.0M | — | ||
| Q3 25 | $692.0M | $-14.1M | ||
| Q2 25 | $584.0M | $20.9M | ||
| Q1 25 | $507.0M | $-58.6M | ||
| Q4 24 | — | $97.8M | ||
| Q3 24 | $537.0M | — | ||
| Q2 24 | $124.0M | $-19.9M | ||
| Q1 24 | $373.0M | $11.7M |
营业利润率BAMRJET
| Q4 25 | 84.2% | 22.0% | ||
| Q3 25 | 79.1% | -10.1% | ||
| Q2 25 | 70.8% | -0.2% | ||
| Q1 25 | 61.0% | -60.4% | ||
| Q4 24 | — | 18.7% | ||
| Q3 24 | 72.5% | — | ||
| Q2 24 | 80.4% | -8.1% | ||
| Q1 24 | 56.5% | 8.8% |
净利率BAMRJET
| Q4 25 | 56.7% | — | ||
| Q3 25 | 71.0% | -15.6% | ||
| Q2 25 | 62.7% | 22.5% | ||
| Q1 25 | 53.1% | -61.9% | ||
| Q4 24 | — | 12.1% | ||
| Q3 24 | 61.5% | — | ||
| Q2 24 | 15.1% | -18.0% | ||
| Q1 24 | 47.5% | 8.9% |
每股收益（稀释后）BAMRJET
| Q4 25 | — | $3.13 | ||
| Q3 25 | — | $-0.34 | ||
| Q2 25 | — | $0.50 | ||
| Q1 25 | — | $-1.42 | ||
| Q4 24 | — | $2.42 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-0.48 | ||
| Q1 24 | — | $0.28 |
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 | $296.5M |
| 总债务越低越好 | — | $882.9M |
| 股东权益账面价值 | $8.9B | $1.3B |
| 总资产 | $17.0B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.66× |
8季度趋势，按日历期对齐
现金及短期投资BAMRJET
| Q4 25 | $1.6B | $296.5M | ||
| Q3 25 | $1.1B | $38.7M | ||
| Q2 25 | $480.0M | $42.5M | ||
| Q1 25 | $332.0M | $54.1M | ||
| Q4 24 | — | $302.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | $10.0M | $16.3M | ||
| Q1 24 | — | $18.5M |
总债务BAMRJET
| Q4 25 | — | $882.9M | ||
| Q3 25 | — | $27.0M | ||
| Q2 25 | — | $28.2M | ||
| Q1 25 | — | $31.7M | ||
| Q4 24 | — | $752.2M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $287.7M | ||
| Q1 24 | — | $299.0M |
股东权益BAMRJET
| Q4 25 | $8.9B | $1.3B | ||
| Q3 25 | $8.5B | $-52.6M | ||
| Q2 25 | $8.5B | $-38.7M | ||
| Q1 25 | $8.5B | $-59.8M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $9.0B | — | ||
| Q2 24 | $3.2B | $134.9M | ||
| Q1 24 | $2.2B | $154.7M |
总资产BAMRJET
| Q4 25 | $17.0B | $3.3B | ||
| Q3 25 | $16.5B | $158.9M | ||
| Q2 25 | $16.1B | $178.6M | ||
| Q1 25 | $15.0B | $215.0M | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | — | ||
| Q2 24 | $4.2B | $664.4M | ||
| Q1 24 | — | $706.3M |
负债/权益比BAMRJET
| Q4 25 | — | 0.66× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.68× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.13× | ||
| Q1 24 | — | 1.93× |
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BAMRJET
| Q4 25 | $562.0M | — | ||
| Q3 25 | $745.0M | — | ||
| Q2 25 | $529.0M | $-9.4M | ||
| Q1 25 | $265.0M | — | ||
| Q4 24 | — | $184.0M | ||
| Q3 24 | $567.0M | — | ||
| Q2 24 | $159.0M | $11.2M | ||
| Q1 24 | $516.0M | — |
自由现金流BAMRJET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-10.5M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-42.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $7.5M | ||
| Q1 24 | — | — |
自由现金流率BAMRJET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -11.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -5.3% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 6.8% | ||
| Q1 24 | — | — |
资本支出强度BAMRJET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 28.0% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.4% | ||
| Q1 24 | — | — |
现金转化率BAMRJET
| Q4 25 | 0.91× | — | ||
| Q3 25 | 1.08× | — | ||
| Q2 25 | 0.91× | -0.45× | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | — | 1.88× | ||
| Q3 24 | 1.06× | — | ||
| Q2 24 | 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
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% |
RJET
| United Airlines | $517.5M | 48% |
| Delta Air Lines | $409.7M | 38% |
| Other | $49.9M | 5% |
| Republic Airways Holdings Inc. | $42.2M | 4% |
| Other Airlines | $25.7M | 2% |
| LIFT Academy | $23.2M | 2% |
