Brookfield Asset Management Ltd.

BAM.TOTSXFinancial Services● Active

$64.38

$-0.53(-0.82%)

Market Cap$102.8B

P/E Ratio—

52W High$88.12

52W Low$58.09

Avg Volume2.1M

Open$64.66

Beta1.25

Free Cash Flow Financials Revenue

Brookfield Asset Management Ltd. (BAM.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

BAM.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

BAM.TO · FCF · TTM · margin & CAGR

Free cash flow was $2.31B for FY2025 (fiscal year ending 2025-12-31), up 268.7% year-over-year The FCF margin was 50.2%. Five-year CAGR stands at +5.5%.

FY2025 Free Cash Flow$2.31B▲ +268.7% YoY

Trailing 12M (TTM)$2.47Btrailing 4 quarters sum

FCF Margin50.2%$2.31B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR+5.5%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

BAM.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.31B(0M)$2.31B▲ +268.7%50.2%

FY2024$627.0M(0M)$627.0M▲ +23.4%130.1%

FY2023$508.0M(0M)$508.0M▲ +231.3%132.6%

FY2022−$374.0M(13M)−$387.0M▼ 127.5%—

FY2021$1.44B(35M)$1.41B▼ 20.3%50.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

BAM.TO · P/FCF · FCF yield · FCF per share

Brookfield Asset Management Ltd. (BAM.TO) trades at a FCF yield of 3.14% and a price-to-free-cash-flow ratio of 42.1x. FCF per share stands at $1.53, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.14%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.53

TTM FCF ÷ Shares Outstanding

Price / FCF

x42.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x33.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

BAM.TO · cash flow statement · operating / investing / financing

For FY2025, Brookfield Asset Management Ltd. generated $2.31B in operating cash flow and spent 0M in capital expenditures, yielding $2.31B in free cash flow.

Operating Activities

+$2.31B

Cash from core business operations

2025-12-31

Investing Activities

−$344.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$774.3M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.31B) − |CapEx| (0M) = FCF ($2.31B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

BAM.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Brookfield Asset Management Ltd.YOU

BAM.TO

$2.31B+268.7%50.2%

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Brookfield Asset Management Ltd. (BAM.TO) reported free cash flow of $2.31B for FY2025 (fiscal year ending 2025-12-31), up 268.7% year-over-year. The FCF margin was 50.2%.

Based on available data, Brookfield Asset Management Ltd. has maintained positive free cash flow for at least 6 fiscal year(s). FCF peaked at $2.31B in FY2025. The 5-year CAGR stands at +5.5%.

Brookfield Asset Management Ltd.'s FCF yield is 3.14% and price-to-FCF ratio is 42.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

BAM.TO free cash flow · 8 questions

Brookfield Asset Management Ltd. free cash flow was $2.31B for FY2025, up 268.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.47B.

BAM.TO free cash flowBAM.TO FCFBAM.TO FCF 2025BAM.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Brookfield Asset Management Ltd. · Brookfield Asset Management Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026