Brookfield Corporation
BNSummary
BN at a glance
Brookfield (BN) closed at $39.28 on Oct 30, 2026, overvalued by 20% vs model: P/E · peers puts it at $32.66 a share. The other 3 models range from $2.59 to $113.63, and the median analyst target is $56.50 from 6 firms.
In Q2 FY2026, the latest quarter on file, revenue grew 7% on a year earlier to $19.3B, with a net margin of 1.8%. Over the twelve months to Q2 FY2026, net income was $1.4B.
Among the superinvestors tracked here, Dodge & Cox added and Ackman reduced. The latest filing is a 6-K (current report (foreign issuer)), filed Oct 22.
Price and model value
What the marks mean
Valuation
All 4 models →Brookfield closed at $39.28, overvalued by 20% vs model (P/E · peers, 32.66).
P/E · peers leads for a financial company.
- Other models
- 2.59 – 113.63
- Wall St. target
- 56.50 30% below
- Above model, past year
- 0 of 0 days
- Valued as
- Mature & Stable
Every model
| P/E · peersused | $32.66 | 20% overvalued |
| PEG | $4.00 | 882% overvalued |
| P/E · own history | $113.63 | 65% undervalued |
| Dividend discount | $2.59 | 1417% overvalued |
Against its peers and its past
| BN | Peers' median | Own 5-yr median | |
|---|---|---|---|
| P/E · last fiscal year | 78.6× | 31.5× | 64.7× |
| Free cash flow yield | — | — | |
| Operating margin | 28.6% | 26.5% | |
| Revenue growth | −11.5% | 20.1% |
Peers are the comparable companies below; the five-year median is at each fiscal year's close.
What the price implies
No growth rate solves for the price: no positive fcf. The reverse DCF →
- Risk-free rate
- 4.94%
- Beta × equity premium
- 1.56 × 4.14%
- Cost of equity
- 11.41%
- Cost of debt
- 5.47%
- Equity weight
- 22%
- WACC
- 5.66%
Quant
Quant grade over time →BN is not on the Quant model's list.
Growth and forecasts
Every estimate →Analysts expect revenue to grow −49.5% a year over the next 3 years, against 3.9% a year over the last five.
| Revenue | Growth | EPS | Growth | Analysts | |
|---|---|---|---|---|---|
| FY2024 | $86.0B | −10.3% | $0.21 | −49.2% | reported |
| FY2025 | $76.1B | −11.5% | $0.50 | +141.9% | reported |
| FY2026E | $7.2B | −90.5% | $2.76 | +13.5% | 1 |
| FY2027E | $8.9B | +22.6% | $3.40 | +23.2% | 1 |
| FY2028E | $9.8B | +10.2% | $3.70 | +9.0% | 1 |
- Revenue, last 5 years
- 3.9% a year
- Consensus, next 3 years
- −49.5% a year
The analysts' estimates, as FMP collects them — their figures, not this site's. Reported EPS is GAAP diluted.
Financials
Full statements →In Q2 FY2026, the latest quarter on file, revenue grew 7% on a year earlier to $19.3B, with a net margin of 1.8%. Over the twelve months to Q2 FY2026, net income was $1.4B.
| Latest | Year before | Change | |
|---|---|---|---|
| Revenue | $77.8B | $76.1B | +2% |
| Net income | $1.4B | $841.0M | +69% |
| Diluted EPS | $0.57 | $0.30 | +93% |
- Cash and investments
- $14.9B
- Total debt
- $265.0B
- Shareholders' equity
- $46.6B
Dividends
- Coverage
- —
- Raised
- 2 years in a row
- Growth, 5 yrs
- -0.2% a year
- Last change
- +16.7% · Mar 2026
Profitability and health
Every ratio →Return on equity 2.7% in fiscal 2025, against 8.6% in 2021.
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | |
|---|---|---|---|---|---|---|
| Net margin | 5.2% | 2.2% | 1.2% | 0.7% | 1.7% | |
| Return on equity | 8.6% | 4.7% | 2.5% | 1.4% | 2.7% | |
| Return on assets | 1.0% | 0.5% | 0.2% | 0.1% | 0.3% | |
| Equity to assets | 11.9% | 9.9% | 9.3% | 9.4% | 9.2% | |
| Dividend payout | 37.5% | 50.0% | 53.3% | 103.4% | 43.5% |
Peers
Peers in full →BN beside 6 comparable companies, chosen by business, not by industry label.
| Company | Market value | P/E | FCF yield | Gross margin | Op. margin | Revenue growth | Valuation | Quant |
|---|---|---|---|---|---|---|---|---|
| BN Brookfield Corporation | $87.7B | 78.6× | — | 38.8% | 28.6% | −11.5% | – | – |
| BRK-B Berkshire Hathaway Inc. | $1.2T | 17.5× | — | 23.6% | 15.8% | 0.0% | C | – |
| BLK BlackRock, Inc. | $177.7B | 32.5× | — | 46.7% | 29.1% | +18.7% | B | B |
| BX Blackstone Inc. | $138.1B | 30.5× | — | 86.1% | 51.9% | +21.6% | A | A |
| KKR KKR & Co. Inc. | $84.7B | 40.3× | — | 18.0% | 2.5% | −11.2% | S | C |
| APO Apollo Global Management, Inc. | $68.4B | 20.9× | — | 95.5% | 25.8% | +22.7% | S | A |
| ARES Ares Management Corporation | $42.1B | 65.4× | — | 74.8% | 27.2% | +66.5% | B | B |
Ownership
Every holder →| Dodge & Cox | added | $2.6B |
| Ackman | reduced | $2.4B |
| Akre | reduced | $516.2M |
| Thomas Gayner | held | $476.7M |
| Josh Tarasoff | held | $59.3M |
| Stephen Mandel | reduced | $33.8M |
Wall Street
Every firm →6 firms published a price target in the last 365 days: the median is $56.50, 44% above the close.
Third-party ratings and targets, quoted as the firms published them — not this site's view.
Analyst actions
News and filings
All news →About
Company profile →Brookfield Corporation operates as a leading alternative asset and real estate investment management firm. It specializes in real estate, renewable power, infrastructure, venture capital, and private equity, providing a diverse range of public and private investment products and services to institutional and individual clients alike. The firm's investment approach centers on acquiring substantial, high-quality assets worldwide, utilizing both its proprietary capital and funds contributed by other investors. Within its private equity and venture capital divisions, Brookfield engages in a broad spectrum of activities, including growth equity, early-stage investments, control and distressed buyouts, corporate spin-offs, recapitalizations, and various forms of debt financing (convertible, senior, and mezzanine). It also focuses on operational and capital structure restructuring, strategic turnarounds, and revitalizing underperforming mid-market companies. Brookfield's private equity interests are diverse, encompassing key sectors such as Business Services (including infrastructure, healthcare, road fuel distribution and marketing, construction, and real estate), Industrials (like manufacturers of automotive batteries, graphite electrodes, and returnable plastic packaging, alongside sanitation management), and Residential/Infrastructure Services. The company primarily seeks out businesses that possess significant underlying real assets across industries such as industrial products, building materials, metals, mining, homebuilding, oil and gas, paper and packaging, manufacturing, and forest products. Beyond private investments, it actively participates in public debt and equity markets. Geographically, Brookfield operates globally, with a strong presence across North America (including Brazil, the United States, and Canada), Europe, Australia, and the Asia-Pacific region. Equity investments typically fall within the range of $2 million to $500 million. The firm generally plans for a four-year investment period and a ten-year term, with the possibility of two one-year extensions, and is open to taking both minority and majority ownership stakes. Established in 1997, Brookfield Corporation is headquartered in Toronto, Canada, and maintains a vast network of offices spanning North and South America, Europe, the Middle East, and Asia.
- CEO
- James Bruce Flatt
- Employees
- 250,000
- Headquarters
- Toronto, ON
- Listed
- 1983
Research on BN
Model estimates and grades for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; each section is explained in the manual.