NYSE$BN
Brookfield Corp · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Brookfield Q1 distributable earnings rise 30% to $1.3B ($0.82/share) on strong fundraising
Brookfield Corporation reported first-quarter 2025 results for the period ended March 31, 2025, with consolidated revenues of $17.9 billion and net income attributable to Brookfield shareholders of $73 million, or $0.02 per diluted share. Distributable earnings before realizations were $1.3 billion ($0.82 per share), up 30% per share from the prior-year quarter, while total distributable earnings were $1.5 billion ($0.98 per share). Asset management fee-related earnings reached a record $698 million on $25 billion of inflows, wealth solutions DE was $430 million, and operating businesses DE was $426 million. Brookfield closed flagship opportunistic credit and real estate funds totaling roughly $16 billion each and ended the quarter with a record $165 billion of deployable capital. The company repurchased $850 million of shares year-to-date and declared a $0.09 quarterly dividend payable June 30, 2025.
- Distributable earnings before realizations of $1.3 billion ($0.82/share) rose 30% per share YoY; total DE was $1.5 billion ($0.98/share).
- Asset management fee-related earnings hit a record $698 million (+26%) on $25 billion of quarterly inflows.
- Wealth solutions DE was $430 million; insurance assets grew to $133 billion with $4 billion of annuity sales in the quarter.
- Operating businesses DE was $426 million, supported by 3% same-store NOI growth in core real estate.
- Deployable capital reached a record $165 billion; $850 million of share repurchases completed year-to-date.
Headline financials
Revenue & EPS history
Brookfield · Revenue · Quarterly
$17.9B
Revenue by segment
Brookfield · $1.54B total across 3 segments · Q4 2024
- Asset management DE$684M—44.4%
- Wealth solutions DE$430M—27.9%
- Operating businesses DE$426M—27.7%
Forward guidance
Brookfield targets 15%+ long-term shareholder returns, expects to realize much of its $11.6 billion unrealized carried interest over the next five years, and continues deploying capital from a record $165 billion pool.
Tailwinds
- Strong fundraising momentum with flagship fund closes
- Resilient cash flows across operating businesses
- Accelerated share repurchases at prices below intrinsic value
Headwinds
- Increased market volatility and macro uncertainty
- GAAP net income of $73 million reflects fair value and depreciation items below DE
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2024
+0.2%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+0.6%
Avg return
30 days after
60%
12 / 20 earnings
Positive
+4.9%
Q2 2023
Best reaction
-6.7%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.0% | -4.6% | -4.9% | |
| Q4 2025 | +2.3% | +2.5% | -17.7% | |
| Q3 2025 | -6.7% | +0.7% | +1.8% | |
| Q2 2025 | -3.9% | +2.9% | +1.2% | |
| Q4 2024 | +4.4% | +1.8% | +0.9% | |
| Q1 2025 | +3.2% | +6.2% | +5.4% | |
| Q2 2024 | +2.7% | +6.1% | +7.5% | |
| Q1 2024 | +1.5% | +1.5% | -5.6% | |
| Q4 2023 | +1.5% | -1.7% | +4.8% | |
| Q3 2023 | +1.0% | +7.0% | +11.6% | |
| Q2 2023 | +4.9% | +1.9% | +3.8% | |
| Q1 2023 | -2.4% | -2.9% | +1.5% | |
| Q4 2022 | +0.6% | -0.7% | -18.5% | |
| Q3 2022 | +1.8% | +2.8% | +17.5% | |
| Q2 2022 | -0.5% | +0.4% | +11.1% | |
| Q1 2022 | -1.8% | +1.0% | -13.5% | |
| Q4 2021 | -0.2% | -4.5% | -12.1% | |
| Q3 2021 | +0.3% | +1.7% | +13.2% | |
| Q2 2021 | -2.8% | -2.1% | +2.9% | |
| Q1 2021 | -1.9% | +0.1% | +0.5% |
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