NYSE$BAM

Brookfield Asset Management Ltd · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Brookfield Asset Management reported strong Q4 2024 results, driven by record fundraising and increased fee-related earnings. Net income for the quarter surged to $688 million, while fee-related earnings grew 17% year-over-year to $677 million. The company deployed $16 billion in capital and raised $29 billion during the quarter, further strengthening its asset management business.

Headline financials

Total Revenue

$1.06B

Previous: $1.13B-5.9%
EPS (adj)

$0.42

Previous: $0.23+82.6%
Net Income

$688M

Previous: $531M+29.6%
Operating Income

$809M

No prior period

Revenue & EPS history

Brookfield · Revenue · Quarterly

$1.06B

Q4 2024-5.9%vs Q4 2023
Beat estimate in 1 of 11 quarters(9%)
ActualEstimate

Forward guidance

Brookfield Asset Management anticipates another strong year in 2025, leveraging its diversified fund offerings and continued capital inflows to drive growth. The company expects further expansion in fee-bearing capital and increased fundraising momentum.

Tailwinds

  • Strong fundraising momentum with $29 billion raised in Q4 2024
  • Continued growth in fee-related earnings, up 17% year-over-year
  • Expansion in fee-bearing capital to $539 billion
  • Increased capital deployment, with $16 billion invested in Q4
  • Raised quarterly dividend by 15%

Headwinds

  • Macroeconomic uncertainties could impact fundraising efforts
  • Potential pressure on investment returns due to economic conditions
  • Volatility in listed affiliate share prices affecting NAV increases
  • Rising interest rates could impact future capital deployment
  • Increased competition in alternative asset management space

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.1%

Avg return

Earnings day

+2.5%

Avg return

5 days after

-1.0%

Avg return

30 days after

64%

7 / 11 earnings

Positive

+5.7%

Q2 2023

Best reaction

-2.8%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%-1.9%-5.3%
Q4 2025+4.9%+8.7%-2.7%
Q3 2025-0.5%+2.6%-0.0%
Q2 2025+2.3%-0.3%-5.3%
Q1 2025+2.1%+4.5%+4.9%
Q4 2024-1.0%+7.5%-15.7%
Q4 2023+0.7%+2.3%+5.9%
Q3 2023-2.8%-1.9%+12.3%
Q2 2023+5.7%+7.1%+6.0%
Q1 2023-2.6%-4.8%-4.4%
Q4 2022+2.9%+3.4%-6.8%
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