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Brookfield Asset Management Ltd. cash flow statement

In fiscal 2025, Brookfield Asset Management Ltd.'s operations generated $2.10bn of cash; it spent $9.0m on capital projects, leaving free cash flow of $2.09bn. It returned $2.82bn in dividends and $412m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Brookfield Asset Management Ltd.: cash flow statement, annual
Fiscal year2019Dec 20192020Dec 20202021Dec 20212023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations8291,7861,4431,4391,6122,1012,334
Depreciation and amortisation———14144052
Stock-based pay1829919933103123140
Capital spending12035178922
Free cash flow8281,7661,4081,4221,6042,0922,312
Free cash flow after stock pay6461,6671,2091,3891,5011,9692,172
Dividends paid———2,1012,4782,8183,020
Share buybacks———3190412872

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Brookfield Asset Management Ltd.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Brookfield Asset Management Ltd.