Stocks BN Financial statements
Financial statementsBROOKFIELD Corp /ON/ financial statements
Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data BROOKFIELD Corp /ON/ files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
| FY2017 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24,411 | 40,786 | 56,771 | 67,826 | 62,752 | 75,731 | 92,769 | 95,924 | 86,006 | 75,100 |
| Cost of revenue | 12,487 | 26,461 | 37,506 | 41,463 | 35,150 | 44,149 | 54,044 | 52,224 | 40,124 | 28,351 |
| Gross profit | 11,924 | 14,325 | 19,265 | 26,363 | 27,602 | 31,582 | 38,725 | 43,700 | 45,882 | 46,749 |
| Selling, general and administrative | 1,544 | 1,339 | 1,765 | 2,612 | 2,860 | 3,197 | 3,931 | 5,354 | 4,932 | 5,131 |
| Income tax | -345 | 613 | -248 | 495 | 837 | 2,324 | 1,469 | 1,011 | 982 | 1,135 |
| Net income to minority interests | 1,687 | 3,089 | 3,904 | 2,547 | 841 | 8,422 | 3,139 | 3,975 | 1,212 | 1,928 |
| Net income | 1,651 | 1,462 | 3,584 | 2,807 | -134 | 3,966 | 2,056 | 1,130 | 641 | 1,307 |
| EPS, basic | 0.68 | 0.59 | 1.49 | 1.15 | -0.08 | 1.59 | 0.79 | 0.40 | 0.21 | 0.51 |
| EPS, diluted | 0.67 | 0.58 | 1.46 | 1.12 | -0.08 | 1.54 | 0.77 | 0.39 | 0.20 | 0.49 |
Balance sheet
| FY2017 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 4,299 | 5,139 | 8,390 | 6,778 | 9,933 | 12,694 | 14,396 | 11,222 | 15,051 | 16,242 |
| Receivables | 6,490 | 8,492 | 11,911 | 13,862 | 14,187 | 16,098 | 19,489 | 20,263 | 20,283 | 22,772 |
| Inventory | 2,987 | 3,585 | 4,578 | 7,054 | 6,337 | 8,557 | 9,108 | 7,060 | 5,418 | 5,923 |
| Total current assets | 6,834 | 9,639 | ||||||||
| Property, plant and equipment | 45,346 | 53,005 | 67,294 | 89,264 | 100,009 | 115,489 | 124,268 | 147,617 | 153,019 | 165,992 |
| Lease right-of-use assets | 2,600 | 3,300 | 4,100 | 4,400 | 4,800 | 4,200 | 4,400 | |||
| Goodwill | 3,783 | 5,317 | 8,815 | 14,550 | 14,714 | 20,227 | 28,662 | 34,911 | 35,730 | 43,355 |
| Intangible assets | 6,073 | 14,242 | 18,762 | 27,710 | 24,658 | 30,609 | 38,411 | 38,994 | 36,072 | 38,496 |
| Total assets | 159,826 | 192,720 | 256,281 | 323,969 | 343,696 | 391,003 | 441,284 | 490,095 | 490,424 | 518,971 |
| Accounts payable | 11,148 | 14,337 | 23,212 | 25,857 | 29,136 | 33,574 | 33,414 | 30,125 | 32,288 | |
| Total current liabilities | 10,686 | 10,306 | ||||||||
| Total liabilities | 90,138 | 112,848 | 159,131 | 207,123 | 221,054 | 256,262 | 299,393 | 321,853 | 325,041 | 352,777 |
| Total debt | 52,442 | 5,659 | 6,409 | 7,083 | 9,077 | 10,875 | 11,390 | 12,160 | 14,232 | 14,301 |
| Minority interests | 43,235 | 51,628 | ||||||||
| Total equity | 69,688 | 79,872 | 97,150 | 116,846 | 122,642 | 134,741 | 141,891 | 168,242 | 165,383 | 166,194 |
| Total liabilities and equity | 159,826 | 192,720 | 256,281 | 323,969 | 343,696 | 391,003 | 441,284 | 490,095 | 490,424 | 518,971 |
Cash flow statement
| FY2017 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 3,338 | 4,551 | 7,488 | 5,354 | 707 | 12,388 | 5,195 | 5,105 | 1,853 | 3,235 |
| Depreciation and amortization | 2,020 | 2,345 | 3,102 | 4,876 | 5,791 | 6,437 | 7,683 | 9,075 | 9,737 | 10,379 |
| Cash from operations | 3,083 | 4,005 | 5,159 | 6,328 | 8,341 | 7,874 | 8,751 | 6,467 | 7,569 | 10,958 |
| Capital expenditures | -1,472 | -1,690 | -1,962 | -3,053 | -4,012 | -6,881 | -7,236 | -8,069 | -11,172 | -14,752 |
| Cash from investing | -8,557 | -11,394 | -19,833 | -36,674 | -13,873 | -21,045 | -39,650 | -29,762 | -29,964 | -31,777 |
| Debt issued | 1,284 | 1,090 | 992 | 2,216 | 1,350 | 1,567 | 1,246 | 2,082 | 1,864 | |
| Debt repaid | -434 | 0 | -450 | -251 | -526 | 0 | -550 | -571 | -1,118 | |
| Stock issued | 19 | 9 | ||||||||
| Dividends paid | -642 | -575 | -620 | -726 | -1,338 | -879 | -436 | -495 | -552 | |
| Cash from financing | 6,993 | 8,185 | 18,136 | 28,746 | 8,698 | 16,261 | 32,460 | 19,927 | 26,900 | 21,687 |
| Exchange rate effect | 6 | 64 | -210 | -5 | -34 | -122 | -17 | 205 | -461 | 252 |
| Free cash flow | 1,611 | 2,315 | 3,197 | 3,275 | 4,329 | 993 | 1,515 | -1,602 | -3,603 | -3,794 |
Key metrics
Profitability
| Metric | Value | How it is calculated |
|---|---|---|
| Gross margin | 62.2% | Gross profit / revenue. |
| Net margin | 1.7% | Net income / revenue. |
| FCF margin | -5.1% | Free cash flow (cash from operations - capital expenditures) / revenue. |
| Operating cash flow margin | 14.6% | Cash from operations / revenue. |
| Return on assets (ROA) | 0.3% | Net income / average total assets. |
| SG&A / revenue | 6.8% | Selling, general and administrative expense / revenue. |
| Capex / revenue | 19.6% | Capital expenditures / revenue. |
| D&A / revenue | 13.8% | Depreciation and amortization / revenue. |
Growth
| Metric | Value | How it is calculated |
|---|---|---|
| Revenue growth, 1y | -12.7% | Revenue vs the same period a year earlier. Only from a positive base. |
| Revenue CAGR, 3y | -6.8% | Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Revenue CAGR, 5y | 3.7% | Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Gross profit growth, 1y | 1.9% | Gross profit vs the same period a year earlier. Only from a positive base. |
| Gross profit CAGR, 3y | 6.5% | Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Gross profit CAGR, 5y | 11.1% | Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Net income growth, 1y | 103.9% | Net income vs the same period a year earlier. Only from a positive base. |
| Net income CAGR, 3y | -14.0% | Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| EPS growth, 1y | 145.0% | EPS vs the same period a year earlier. Only from a positive base. |
| EPS CAGR, 3y | -13.9% | Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Operating cash flow growth, 1y | 44.8% | Operating cash flow vs the same period a year earlier. Only from a positive base. |
| Operating cash flow CAGR, 3y | 7.8% | Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Operating cash flow CAGR, 5y | 5.6% | Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Total assets growth, 1y | 5.8% | Total assets vs the same period a year earlier. Only from a positive base. |
| Total assets CAGR, 3y | 5.6% | Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Total assets CAGR, 5y | 8.6% | Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
Balance sheet health
| Metric | Value | How it is calculated |
|---|---|---|
| Debt / assets | 2.8% | Total debt / total assets. |
| Liabilities / assets | 68.0% | Total liabilities / total assets. |
| Net debt | -$1.94B | Total debt - cash - short-term investments. Negative means more cash than debt. |
| Goodwill and intangibles / assets | 15.8% | (Goodwill + intangible assets) / total assets. |
Efficiency
| Metric | Value | How it is calculated |
|---|---|---|
| Asset turnover | 0.15x | Revenue / average total assets. |
| Fixed asset turnover | 0.47x | Revenue / average property, plant and equipment. |
| Inventory turnover | 5.00x | Cost of revenue / average inventory. |
| Days inventory | 73 days | 365 x average inventory / cost of revenue. |
| Receivables turnover | 3.49x | Revenue / average receivables. |
| Days sales outstanding | 105 days | 365 x average receivables / revenue. |
| Days payables | 402 days | 365 x average accounts payable / cost of revenue. |
| Cash conversion cycle | -224 days | Days inventory + days sales outstanding - days payables. |
| FCF conversion | -290.3% | Free cash flow / net income, when net income is positive. |
| Capex / operating cash flow | 134.6% | Capital expenditures / cash from operations, when that is positive. |
Per share
| Metric | Value | How it is calculated |
|---|---|---|
| EPS, diluted | $0.49 | Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS. |
| EPS, basic | $0.51 | Net income per basic share, as reported (split-adjusted). |
| Payout ratio | 42.2% | Dividends paid / net income, when net income is positive. |
Valuation
| Metric | Value | How it is calculated |
|---|---|---|
| Market cap | $88.89B | Share price x shares outstanding. |
| Enterprise value | $86.95B | Market cap + total debt - cash - short-term investments. |
| P/E | 68.0x | Market cap / net income. Only when net income is positive. |
| P/S | 1.18x | Market cap / revenue. |
| P/OCF | 8.11x | Market cap / cash from operations, when positive. |
| EV/Sales | 1.16x | Enterprise value / revenue. |
| FCF yield | -4.3% | Free cash flow / market cap. |
| Earnings yield | 1.5% | Net income / market cap (the inverse of P/E). |
| Dividend yield | 0.6% | Dividends paid over the period / market cap. |
| Shareholder yield | 0.6% | (Dividends paid + share buybacks) / market cap. |
What was BROOKFIELD Corp /ON/'s revenue in fiscal 2025?
BROOKFIELD Corp /ON/ reported revenue of $75.10B for fiscal 2025, 12.7% lower than the year before.
Was BROOKFIELD Corp /ON/ profitable in fiscal 2025?
Yes. Net income was $1.31B, a net margin of 1.7%.
How much free cash flow did BROOKFIELD Corp /ON/ generate in fiscal 2025?
Cash from operations of $10.96B minus capital expenditures of $14.75B left free cash flow of -$3.79B.