Brookfield Corporation (BN) AI Stock Analysis

• Market Cap: C$128.74B
• Dividend Yield: 0.53%
• Average Volume (3M): 3.49M
• Price to Earnings (P/E): 77.6
• Beta (1Y): 1.65
• Revenue Growth: -19.04%
• EPS Growth: 17.82%
• Country: CA
• Employees: 250,000
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.86
• Shares Outstanding: 2,449,747,600
• 10 Day Avg. Volume: 3,941,730
• 30 Day Avg. Volume: 3,494,407
• PEG Ratio: 1.14
• Price to Book (P/B): 2.16
• Price to Sales (P/S): 1.31
• P/FCF Ratio: -26.72
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$79.15
• Price Target Upside: 50.62% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 3.77
• Revenue Forecast (FY): C$12.82B

• Rating: 50 Neutral
• Price Target: C$53.00 ▲(0.86% Upside)
• Action: Reiterated Date: 03/22/26
• Date: Action: Reiterated 03/22/26

The score is held back primarily by balance-sheet risk (high leverage), weak cash conversion (negative free cash flow), and a weak technical setup. These are partially offset by a strong and optimistic earnings-call outlook with record distributable earnings, fundraising momentum, and defined growth initiatives, but the high P/E and low dividend yield limit valuation support.

Positive Factors

Fee-bearing scale

A large and growing fee-bearing base creates durable, recurring management-fee revenue less tied to short-term market swings. Scale across strategies improves cross-selling, lowers marginal fundraising costs, and supports predictable fee income that underpins long-term cash generation and reinvestment.

Large deployable & permanent capital

A substantial pool of deployable and permanent capital provides durable optionality: ability to buy assets, recycle capital, and execute opportunistic monetizations. This liquidity buffer supports strategic investments, smoothes fundraising cycles, and strengthens long-term returns and capital-return capacity.

Wealth Solutions scale & returns

A growing insurance/wealth franchise with sizeable assets and mid‑teens ROE creates stable, long‑duration earnings and investable float. Pension and annuity mandates generate recurring premiums and predictable liabilities, allowing Brookfield to deploy capital at scale and capture durable fee and investment spreads.

Negative Factors

High leverage

Very high leverage increases sensitivity to rising funding costs and market stress, reducing financial flexibility. Elevated debt amplifies earnings volatility from financing items, constrains the ability to absorb shocks, and raises refinancing and covenant risks over the medium term.

Negative free cash flow

Negative free cash flow limits internal funding for buybacks, dividends, or debt reduction without asset sales or external financing. Reliance on monetizations and financing increases execution risk and makes capital returns and reinvestment plans contingent on transaction timing and market conditions.

Carried interest timing uncertainty

Performance-fee realizations are lumpy and dependent on market exits and valuation environments. Uncertain timing of carried interest creates volatility in distributable earnings and cash, complicating forward earnings visibility and the reliability of performance-linked income for supporting long‑term returns or distributions.

Brookfield Corporation Business Overview & Revenue Model

Company Description

Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients. It typically makes investments in sizeable, premier assets across geographies and asset classes. It invests both its own capital as well as capital from other investors. Within private equity and venture capital, it focuses on acquisition, early ventures, control buyouts and financially distressed, buyouts and corporate carve-outs, recapitalizations, convertible, senior and mezzanine financings, operational and capital structure restructuring, strategic re-direction, turnaround, and under-performing midmarket companies. It invests in both public debt and equity markets. It invests in private equity sectors with focus on Business Services include infrastructure, healthcare, road fuel distribution and marketing, construction and real estate; Industrials include manufacturers of automotive batteries, graphite electrodes, returnable plastic packaging, and sanitation management and development; and Residential/ infrastructure services. It targets companies which likely possess underlying real assets, primarily in sectors such as industrial products, building materials, metals, mining, homebuilding, oil and gas, paper and packaging, manufacturing and forest product sectors. It invests globally with focus on North America including Brazil, the United States, Canada; Europe; and Australia; and Asia-Pacific. The firm considers equity investments in the range of $2 million to $500 million. It has a four-year investment period and a 10-year term with two one-year extensions. The firm prefers to take minority stake and majority stake. Brookfield Corporation was founded in 1997 and based in Toronto, Canada with additional offices across Northern America; South America; Europe; Middle East and Asia.

How the Company Makes Money

Brookfield primarily makes money through (1) asset management earnings and (2) investment income from capital it has invested alongside its funds and affiliates, with additional earnings from its insurance solutions operations. 1) Asset management fees and related earnings: Brookfield raises capital from third-party investors into private funds and listed partnerships/vehicles across its major strategies (infrastructure, real estate, renewable power/transition, private equity, and credit). It earns recurring management fees that are typically based on fee-bearing capital (such as committed capital during an investment period and/or invested capital thereafter). It may also earn performance-based compensation (often referred to as carried interest or incentive distributions) when returns exceed agreed thresholds; these performance fees can be realized upon asset sales, recapitalizations, or other liquidity events and therefore can be more variable than management fees. Brookfield may also earn other asset-management-related income (e.g., transaction, advisory, or servicing-related fees) depending on the structure of specific products and mandates; if such fees are not disclosed for a given period, null. 2) Investment income from principal capital: Brookfield frequently co-invests its own balance-sheet capital alongside client capital in the assets owned by its funds and listed affiliates. It earns returns on this capital through dividends/distributions from subsidiaries and affiliates, interest income (where it provides financing), and changes in the value of its investments that may be realized through dispositions or monetizations. Because Brookfield owns and operates many underlying assets, cash flows generated by these businesses (e.g., contracted or regulated revenues in infrastructure and renewable power, rental income in real estate, operating earnings in private equity holdings) can flow up to Brookfield via its ownership interests. 3) Insurance solutions: Brookfield has an insurance solutions business that generates earnings from insurance and reinsurance operations and, importantly, from investing insurance float. Brookfield’s asset management capabilities are used to originate and manage investments for insurance liabilities, and it earns investment income/spread while managing assets within regulatory and liability constraints. Key factors influencing earnings include the amount of fee-bearing capital and fundraising success (driving management fees), investment performance and realization timing (driving carried interest/performance fees), operating performance and cash generation of controlled assets (driving distributions and principal returns), and interest rates/credit conditions (affecting credit strategies, valuations, and insurance investment spreads). Specific material partnerships or counterparty arrangements not publicly detailed in a general company description are null.

Brookfield Corporation Financial Statement Overview

Summary

Operating profitability and TTM revenue returned to modest growth, but the financial profile is constrained by very high leverage (debt-to-equity ~5.5x), low ROE (~2.8%), thin/volatile net margin (~1.7%), and negative free cash flow in the most recent periods despite improved operating cash flow.

Income Statement

TTM (Trailing-Twelve-Months) revenue rebounded to growth (+2.4%) after a 2024 decline, and operating profitability looks strong on an EBIT/EBITDA margin basis. However, net profitability remains thin and volatile: net margin is only ~1.7% in TTM, down materially from earlier years (notably 2021), indicating that below-the-line items and/or financing and non-operating impacts are meaningfully diluting reported earnings despite solid operating performance.

Balance Sheet

The balance sheet is heavily leveraged for the current earnings profile. Debt-to-equity is elevated (~5.5x in TTM, up from ~3.8x in 2021), which increases sensitivity to market conditions and funding costs. Return on equity is positive but low (~2.8% in TTM), suggesting the equity base is not currently generating strong returns relative to the balance-sheet risk.

Cash Flow

Operating cash flow is positive and improved in TTM versus 2024, which supports underlying cash generation. That said, free cash flow is negative in both TTM and 2024 (after being positive in 2020–2022), pointing to heavier investment/capital needs or weaker cash conversion. With free cash flow negative, cash flexibility is more constrained and the company is more reliant on financing and asset-level liquidity to fund growth and obligations.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	78.84B	86.01B	95.92B	92.77B	75.73B
Gross Profit	10.23B	18.07B	14.52B	14.26B	11.73B
EBITDA	33.28B	29.19B	30.69B	25.05B	28.75B
Net Income	1.33B	641.00M	1.13B	2.06B	3.97B
Balance Sheet
Total Assets	518.03B	490.42B	490.10B	441.28B	391.00B
Cash, Cash Equivalents and Short-Term Investments	16.21B	20.18B	16.89B	21.96B	19.66B
Total Debt	272.12B	234.79B	233.71B	214.07B	175.93B
Total Liabilities	352.13B	325.04B	321.85B	299.39B	256.26B
Stockholders Equity	47.80B	45.98B	45.78B	43.75B	46.35B
Cash Flow
Free Cash Flow	-3.86B	-3.43B	-1.63B	1.45B	984.26M
Operating Cash Flow	11.15B	7.21B	6.59B	8.40B	7.80B
Investing Cash Flow	-20.58B	-20.09B	-2.59B	-27.57B	-18.62B
Financing Cash Flow	10.39B	16.97B	-7.43B	20.82B	13.67B

Brookfield Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 52.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BN, the sentiment is Negative. The current price of 52.55 is below the 20-day moving average (MA) of 56.89, below the 50-day MA of 61.11, and below the 200-day MA of 61.18, indicating a bearish trend. The MACD of -2.49 indicates Positive momentum. The RSI at 30.22 is Neutral, neither overbought nor oversold. The STOCH value of 20.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:BN.

Brookfield Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BAM	73 Outperform	C$96.60B	33.39	41.10%	3.37%	597.75%	50.43%
SII	71 Outperform	C$4.76B	36.86	20.71%	1.32%	35.51%	7.55%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
IGM	67 Neutral	C$14.48B	13.28	12.37%	3.59%	-1.02%	-5.65%
ONEX	65 Neutral	C$7.41B	9.04	7.20%	0.36%	2.46%	-27.48%
BN	50 Neutral	C$128.74B	77.55	2.81%	0.53%	-19.04%	17.82%
BBUC	47 Neutral	C$3.93B	-2.93	249.84%	0.71%	-0.16%	-2945.66%

Brookfield Corporation Corporate Events

Brookfield Files 2025 Annual Report With U.S. and Canadian Regulators

Brookfield Corporation, a global investment firm active in alternative asset management, wealth solutions, and operating businesses in renewable power, infrastructure, business and industrial services, and real estate, continues to position itself as a long-term wealth builder for institutional and individual investors. The company highlights a multi-decade record of strong shareholder returns underpinned by a conservative balance sheet and the synergies of its integrated operating ecosystem.

Brookfield has completed its annual regulatory filings for the year ended December 31, 2025, submitting its 2025 Annual Report on Form 40-F, including audited financial statements and management’s discussion and analysis, to securities regulators in both the U.S. and Canada. The documents are now accessible through regulatory platforms and the company’s website, enhancing transparency for shareholders and other stakeholders and providing a comprehensive view of Brookfield’s financial performance and operations over the past year.

The most recent analyst rating on (TSE:BN) stock is a Buy with a C$60.00 price target. To see the full list of analyst forecasts on Brookfield Corporation stock, see the TSE:BN Stock Forecast page.

Brookfield Posts Record Distributable Earnings and Hikes Dividend 17%

Brookfield Corporation reported record distributable earnings before realizations of $5.4 billion for 2025, an 11% per-share increase, as total consolidated net income reached $3.2 billion and fee-bearing capital rose to $603 billion. The firm’s asset management arm delivered a 22% rise in fee-related earnings to $3.0 billion on $112 billion of fundraising, while its wealth solutions business grew distributable earnings 24% on stronger investment performance and expanding insurance assets.

The company also completed $91 billion of monetizations, deployed $126 billion of capital and repurchased more than $1 billion of its own shares, underscoring active capital recycling and shareholder returns. Reflecting this momentum, Brookfield’s board approved a 17% increase in the quarterly dividend to $0.07 per share, signaling confidence in the durability of cash flows from its operating businesses and reinforcing its competitive position in alternative asset management and insurance-based wealth solutions.

The most recent analyst rating on (TSE:BN) stock is a Buy with a C$59.00 price target. To see the full list of analyst forecasts on Brookfield Corporation stock, see the TSE:BN Stock Forecast page.

Brookfield Sets February 12 Date for Q4 2025 Results and Investor Call

Brookfield Corporation announced it will release its fourth quarter 2025 financial results on the morning of February 12, 2026, followed by a conference call and webcast at 10:00 a.m. Eastern Time the same day, with a replay available online for 90 days. The scheduled results release and investor call underscore the firm’s ongoing efforts to maintain transparency with shareholders and the market, offering stakeholders timely insight into the performance of its diversified investment and operating platforms across alternative assets, wealth solutions, and real assets globally.

The most recent analyst rating on (TSE:BN) stock is a Buy with a C$58.00 price target. To see the full list of analyst forecasts on Brookfield Corporation stock, see the TSE:BN Stock Forecast page.