vs
布鲁克菲尔德资产管理（BAM）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
Snap Inc的季度营收约是布鲁克菲尔德资产管理的1.1倍（$1.5B 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49.6%），布鲁克菲尔德资产管理同比增速更快（23.8% vs 12.1%），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 11.2%）
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。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
BAM vs SNAP — 直观对比
营收规模更大
SNAP
是对方的1.1倍
$1.3B
营收增速更快
BAM
高出11.6%
12.1%
净利率更高
BAM
高出49.6%
-5.8%
两年增速更快
BAM
近两年复合增速
11.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.5B |
| 净利润 | $586.0M | $-89.0M |
| 毛利率 | — | 56.5% |
| 营业利润率 | — | -4.9% |
| 净利率 | 43.8% | -5.8% |
| 营收同比 | 23.8% | 12.1% |
| 净利润同比 | 15.6% | 36.3% |
| 每股收益（稀释后） | $0.38 | $-0.05 |
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BAMSNAP
| Q1 26 | $1.3B | $1.5B | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $974.0M | $1.5B | ||
| Q2 25 | $931.0M | $1.3B | ||
| Q1 25 | $954.0M | $1.4B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $873.0M | $1.4B | ||
| Q2 24 | $821.0M | $1.2B |
净利润BAMSNAP
| Q1 26 | $586.0M | $-89.0M | ||
| Q4 25 | $615.0M | $45.2M | ||
| Q3 25 | $692.0M | $-103.5M | ||
| Q2 25 | $584.0M | $-262.6M | ||
| Q1 25 | $507.0M | $-139.6M | ||
| Q4 24 | — | $9.1M | ||
| Q3 24 | $537.0M | $-153.2M | ||
| Q2 24 | $124.0M | $-248.6M |
毛利率BAMSNAP
| Q1 26 | — | 56.5% | ||
| Q4 25 | — | 59.1% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 51.4% | ||
| Q1 25 | — | 53.1% | ||
| Q4 24 | — | 56.9% | ||
| Q3 24 | — | 53.5% | ||
| Q2 24 | — | 52.4% |
营业利润率BAMSNAP
| Q1 26 | — | -4.9% | ||
| Q4 25 | 84.2% | 2.9% | ||
| Q3 25 | 79.1% | -8.5% | ||
| Q2 25 | 70.8% | -19.3% | ||
| Q1 25 | 61.0% | -14.2% | ||
| Q4 24 | — | -1.7% | ||
| Q3 24 | 72.5% | -12.6% | ||
| Q2 24 | 80.4% | -20.5% |
净利率BAMSNAP
| Q1 26 | 43.8% | -5.8% | ||
| Q4 25 | 56.7% | 2.6% | ||
| Q3 25 | 71.0% | -6.9% | ||
| Q2 25 | 62.7% | -19.5% | ||
| Q1 25 | 53.1% | -10.2% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | 61.5% | -11.2% | ||
| Q2 24 | 15.1% | -20.1% |
每股收益（稀释后）BAMSNAP
| Q1 26 | $0.38 | $-0.05 | ||
| Q4 25 | — | $0.03 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | — | $-0.16 | ||
| Q1 25 | — | $-0.08 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | — | $-0.09 | ||
| Q2 24 | — | $-0.15 |
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 | $1.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.6M | $2.1B |
| 总资产 | $17.9M | $7.5B |
| 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BAMSNAP
| Q1 26 | $1.0M | $1.1B | ||
| Q4 25 | $1.6B | $2.9B | ||
| Q3 25 | $1.1B | $3.0B | ||
| Q2 25 | $480.0M | $2.9B | ||
| Q1 25 | $332.0M | $3.2B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | $10.0M | $3.1B |
总债务BAMSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.6B |
股东权益BAMSNAP
| Q1 26 | $8.6M | $2.1B | ||
| Q4 25 | $8.9B | $2.3B | ||
| Q3 25 | $8.5B | $2.2B | ||
| Q2 25 | $8.5B | $2.1B | ||
| Q1 25 | $8.5B | $2.3B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | $9.0B | $2.2B | ||
| Q2 24 | $3.2B | $2.1B |
总资产BAMSNAP
| Q1 26 | $17.9M | $7.5B | ||
| Q4 25 | $17.0B | $7.7B | ||
| Q3 25 | $16.5B | $7.6B | ||
| Q2 25 | $16.1B | $7.4B | ||
| Q1 25 | $15.0B | $7.6B | ||
| Q4 24 | — | $7.9B | ||
| Q3 24 | — | $7.6B | ||
| Q2 24 | $4.2B | $7.4B |
负债/权益比BAMSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | 1.55× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× |
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 | — | $326.8M |
| 自由现金流经营现金流 - 资本支出 | — | $286.0M |
| 自由现金流率自由现金流/营收 | — | 18.7% |
| 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 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $608.8M |
8季度趋势，按日历期对齐
经营现金流BAMSNAP
| Q1 26 | — | $326.8M | ||
| Q4 25 | $562.0M | $269.6M | ||
| Q3 25 | $745.0M | $146.5M | ||
| Q2 25 | $529.0M | $88.5M | ||
| Q1 25 | $265.0M | $151.6M | ||
| Q4 24 | — | $230.6M | ||
| Q3 24 | $567.0M | $115.9M | ||
| Q2 24 | $159.0M | $-21.4M |
自由现金流BAMSNAP
| Q1 26 | — | $286.0M | ||
| Q4 25 | — | $205.6M | ||
| Q3 25 | — | $93.4M | ||
| Q2 25 | — | $23.8M | ||
| Q1 25 | — | $114.4M | ||
| Q4 24 | — | $182.4M | ||
| Q3 24 | — | $71.8M | ||
| Q2 24 | — | $-73.4M |
自由现金流率BAMSNAP
| Q1 26 | — | 18.7% | ||
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 6.2% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 8.4% | ||
| Q4 24 | — | 11.7% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | -5.9% |
资本支出强度BAMSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | 3.7% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | 2.7% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 4.2% |
现金转化率BAMSNAP
| Q1 26 | — | — | ||
| Q4 25 | 0.91× | 5.96× | ||
| Q3 25 | 1.08× | — | ||
| Q2 25 | 0.91× | — | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | — | 25.34× | ||
| Q3 24 | 1.06× | — | ||
| Q2 24 | 1.28× | — |
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% |
SNAP
暂无分部数据
