BAM Q2 2024 Earnings — Brookfield Asset Management Ltd. Revenue & Financial Results | Market Cap Arena

BAMBrookfield Asset Management Ltd.

$75B

Q2 2024 Earnings

Financial Services Asset Management

Income Statement

Revenue

$916M-7.0% YoY

Gross Profit

$639M69.8% margin

Operating Income

$626M68.3% margin

Net Income

$495M54.0% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

$393M

Free Cash Flow

$393M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$4.2B

Total Liabilities

$925M

Stockholders' Equity

$3.2B

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$916M	$985M	-7.0%
Gross Profit	$639M	$727M	-12.1%
Operating Income	$626M	$715M	-12.4%
Net Income	$495M	$455M	+8.8%