Brookfield Asset Management Ltd.

BAMNYSEFinancial Services● Active

$46.22

+$0.04(+0.08%)

Market Cap$73.8B

P/E Ratio—

52W High$64.1

52W Low$42.2

Avg Volume3.7M

Open$46.18

Beta1.25

Free Cash Flow Financials Revenue

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

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

BAM · free cash flow · updated Jun 8, 2026

Core FCF metrics

BAM · FCF · TTM · margin & CAGR

Free cash flow was $2.10B for FY2025 (fiscal year ending 2025-12-31), up 30.3% year-over-year The FCF margin was 42.7%. Five-year CAGR stands at +3.5%.

FY2025 Free Cash Flow$2.10B▲ +30.3% YoY

Trailing 12M (TTM)$2.31Btrailing 4 quarters sum

FCF Margin42.7%$2.10B ÷ revenue

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

5-Year CAGR+3.5%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 · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.10B(0M)$2.10B▲ +30.3%42.7%

FY2024$1.61B(0M)$1.61B▲ +12.0%40.5%

FY2023$1.44B(0M)$1.44B▲ +471.8%35.4%

FY2022−$374.0M(13M)−$387.0M▼ 127.5%-10.7%

FY2021$1.44B(35M)$1.41B▼ 20.3%45.6%

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

FCF valuation metrics

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

Brookfield Asset Management Ltd. (BAM) trades at a FCF yield of 3.13% and a price-to-free-cash-flow ratio of 23.5x. FCF per share stands at $1.97, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.13%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.97

TTM FCF ÷ Shares Outstanding

Price / FCF

x23.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x33.9

Enterprise Value basis

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

Cash flow statement summary

BAM · cash flow statement · operating / investing / financing

For FY2025, Brookfield Asset Management Ltd. generated $2.10B in operating cash flow and spent 0M in capital expenditures, yielding $2.10B in free cash flow.

Operating Activities

+$2.10B

Cash from core business operations

2025-12-31

Investing Activities

−$339.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$590.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.10B) − |CapEx| (0M) = FCF ($2.10B)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

BAM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Brookfield Asset Management Ltd.YOU

BAM

$2.10B+30.3%42.7%

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) reported free cash flow of $2.10B for FY2025 (fiscal year ending 2025-12-31), up 30.3% year-over-year. The FCF margin was 42.7%.

Based on available data, Brookfield Asset Management Ltd. has maintained positive free cash flow for at least 6 fiscal year(s). FCF peaked at $2.10B in FY2025. The 5-year CAGR stands at +3.5%.

Brookfield Asset Management Ltd.'s FCF yield is 3.13% and price-to-FCF ratio is 23.5x 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 free cash flow · 8 questions

Brookfield Asset Management Ltd. free cash flow was $2.10B for FY2025, up 30.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.31B.

BAM free cash flowBAM FCFBAM FCF 2025BAM 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