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
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Cash from operations | 829 | 1,786 | 1,443 | 1,439 | 1,612 | 2,101 | 2,334 |
| Depreciation and amortisation | — | — | — | 14 | 14 | 40 | 52 |
| Stock-based pay | 182 | 99 | 199 | 33 | 103 | 123 | 140 |
| Capital spending | 1 | 20 | 35 | 17 | 8 | 9 | 22 |
| Free cash flow | 828 | 1,766 | 1,408 | 1,422 | 1,604 | 2,092 | 2,312 |
| Free cash flow after stock pay | 646 | 1,667 | 1,209 | 1,389 | 1,501 | 1,969 | 2,172 |
| Dividends paid | — | — | — | 2,101 | 2,478 | 2,818 | 3,020 |
| Share buybacks | — | — | — | 319 | 0 | 412 | 872 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 567 | 136 | 114 | 529 | 745 | 706 | 338 | 545 |
| Depreciation and amortisation | 4 | 3 | 3 | 11 | 16 | 10 | 13 | 13 |
| Stock-based pay | 42 | 22 | 35 | 27 | 32 | 29 | 37 | 42 |
| Capital spending | 2 | 3 | 2 | 1 | 4 | 2 | 6 | 10 |
| Free cash flow | 565 | 133 | 112 | 528 | 741 | 704 | 332 | 535 |
| Free cash flow after stock pay | 523 | 111 | 77 | 501 | 709 | 675 | 295 | 493 |
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