BROOKFIELD BRP HLD 7 25 PERP SUB NTS Financials

BEPJ

Source SEC Filings (10-K/10-Q) Data as of Dec 31, 2025 Currency USD FYE December

This page shows BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BEPJ FY2025 2026-04-22

Profit is secondary to reinvestment: BEPJ operates as a capital-hungry balance-sheet business funded by debt and operating cash.

In FY2025, earnings and cash diverged sharply: net income rebounded to $712M, but operating cash flow slipped to $1.15B while capital spending jumped to $6.59B, producing the deepest free-cash deficit in the period at -$5.44B. That means the reported profit recovery did not make the business more self-funding; it made external financing more important.

Across FY2021-FY2025, free cash flow stayed negative every year even though operating cash flow was positive every year, because capex climbed from $1.97B to $6.59B. The operating engine is producing cash, but the asset base is consuming it faster, so reinvestment, not distribution capacity, is the core mechanic.

The balance sheet shows rising dependence on funding: liabilities increased from $31.87B to $63.73B, debt-to-equity moved from 0.9x to 1.8x, and the current ratio stayed below 1.0x throughout. With cash at $2.09B against current liabilities of $21.70B in FY2025, liquidity depends on refinancing and ongoing cash generation more than on balance-sheet slack.

Financial Health Signals

Financial health score pending refresh

We are recalculating BROOKFIELD BRP HLD 7 25 PERP SUB NTS's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

5/6

BROOKFIELD BRP HLD 7 25 PERP SUB NTS passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.61x

For every $1 of reported earnings, BROOKFIELD BRP HLD 7 25 PERP SUB NTS generates $1.61 in operating cash flow ($1.1B OCF vs $712.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$6.4B

YoY+9.0%

5Y CAGR+11.0%

10Y CAGR+14.7%

BROOKFIELD BRP HLD 7 25 PERP SUB NTS generated $6.4B in revenue in fiscal year 2025. This represents an increase of 9.0% from the prior year.

EBITDA

N/A

Net Income

$712.0M

YoY+8011.1%

10Y CAGR+21.3%

BROOKFIELD BRP HLD 7 25 PERP SUB NTS reported $712.0M in net income in fiscal year 2025. This represents an increase of 8011.1% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

-$5.4B

YoY-121.2%

BROOKFIELD BRP HLD 7 25 PERP SUB NTS generated -$5.4B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 121.2% from the prior year.

Cash & Debt

$2.1B

YoY-33.2%

5Y CAGR+28.1%

10Y CAGR+42.0%

BROOKFIELD BRP HLD 7 25 PERP SUB NTS held $2.1B in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

11.1%

YoY+11.3pp

5Y CAGR+12.3pp

10Y CAGR+4.8pp

BROOKFIELD BRP HLD 7 25 PERP SUB NTS's net profit margin was 11.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 11.3 percentage points from the prior year.

Return on Equity

2.0%

YoY+2.1pp

5Y CAGR+2.3pp

10Y CAGR+0.9pp

BROOKFIELD BRP HLD 7 25 PERP SUB NTS's ROE was 2.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$6.6B

YoY+76.5%

5Y CAGR+71.3%

BROOKFIELD BRP HLD 7 25 PERP SUB NTS invested $6.6B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 76.5% from the prior year.

BEPJ Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$6.4B+9.0%	$5.9B+16.6%	$5.0B+6.9%	$4.7B+15.0%	$4.1B+7.5%	$3.8B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	-$614.0M-221.5%	-$191.0M-297.9%	-$48.0M-2300.0%	-$2.0M-114.3%	$14.0M+109.5%	-$147.0M
Net Income	$712.0M+8011.1%	-$9.0M-101.5%	$616.0M+346.4%	$138.0M+309.1%	-$66.0M-46.7%	-$45.0M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Revenue	N/A	$1.7B	N/A	$1.5B	N/A	$1.2B	N/A	$1.3B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	-$197.0M	N/A	$19.0M	N/A	$19.0M	N/A	$62.0M
Net Income	N/A	$100.0M	N/A	-$88.0M	N/A	$151.0M	N/A	$122.0M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BEPJ Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$98.7B+4.1%	$94.8B+24.5%	$76.1B+18.7%	$64.1B+14.8%	$55.9B+12.4%	$49.7B
Current Assets	$12.3B+39.2%	$8.8B+91.6%	$4.6B+10.2%	$4.2B+44.8%	$2.9B+65.8%	$1.7B
Cash & Equivalents	$2.1B-33.2%	$3.1B+174.8%	$1.1B+14.3%	$998.0M+10.9%	$900.0M+48.3%	$607.0M
Inventory	$177.0M+14.9%	$154.0M+38.7%	$111.0M+164.3%	$42.0M+35.5%	$31.0M+19.2%	$26.0M
Accounts Receivable	$2.5B+19.7%	$2.1B+40.0%	$1.5B-18.4%	$1.9B+10.5%	$1.7B+81.4%	$928.0M
Goodwill	$6.0B+10.8%	$5.4B+179.5%	$1.9B+27.4%	$1.5B+58.0%	$966.0M-0.4%	$970.0M
Total Liabilities	$63.7B+9.2%	$58.4B+26.4%	$46.1B+22.0%	$37.8B+18.7%	$31.9B+14.0%	$28.0B
Current Liabilities	$21.7B+49.0%	$14.6B+81.2%	$8.0B+62.6%	$4.9B+53.4%	$3.2B+16.7%	$2.8B
Long-Term Debt	N/A	N/A	N/A	$24.9B+15.4%	$21.5B+19.1%	$18.1B
Total Equity	$35.0B-4.1%	$36.5B+21.6%	$30.0B+14.0%	$26.3B+9.5%	$24.0B+10.2%	$21.8B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Total Assets	$98.7B+0.1%	$98.6B+4.0%	$94.8B+28.5%	$73.8B-3.1%	$76.1B+15.5%	$65.9B+2.8%	$64.1B+12.4%	$57.0B
Current Assets	$12.3B+57.5%	$7.8B-11.6%	$8.8B+110.3%	$4.2B-8.9%	$4.6B+27.4%	$3.6B-13.5%	$4.2B+32.5%	$3.2B
Cash & Equivalents	$2.1B+9.8%	$1.9B-39.2%	$3.1B+153.6%	$1.2B+8.3%	$1.1B-5.1%	$1.2B+20.4%	$998.0M-5.8%	$1.1B
Inventory	$177.0M+8.6%	$163.0M+5.8%	$154.0M+23.2%	$125.0M+12.6%	$111.0M+177.5%	$40.0M-4.8%	$42.0M-44.7%	$76.0M
Accounts Receivable	$2.5B+3.2%	$2.5B+16.0%	$2.1B+30.3%	$1.6B+7.4%	$1.5B-7.1%	$1.6B-12.2%	$1.9B-0.2%	$1.9B
Goodwill	$6.0B-1.9%	$6.1B+12.9%	$5.4B+187.8%	$1.9B-2.9%	$1.9B+21.3%	$1.6B+5.0%	$1.5B+28.8%	$1.2B
Total Liabilities	$63.7B-2.4%	$65.3B+11.9%	$58.4B+27.4%	$45.8B-0.7%	$46.1B+23.4%	$37.4B-1.2%	$37.8B+11.2%	$34.0B
Current Liabilities	$21.7B+22.6%	$17.7B+21.5%	$14.6B+80.8%	$8.1B+0.2%	$8.0B+103.2%	$4.0B-20.0%	$4.9B+14.2%	$4.3B
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	$24.4B-1.8%	$24.9B+6.1%	$23.4B
Total Equity	$35.0B+4.9%	$33.3B-8.6%	$36.5B+30.3%	$28.0B-6.7%	$30.0B+5.1%	$28.5B+8.5%	$26.3B+14.3%	$23.0B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BEPJ Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$1.1B-10.0%	$1.3B-31.7%	$1.9B+9.0%	$1.7B+133.1%	$734.0M-43.4%	$1.3B
Capital Expenditures	$6.6B+76.5%	$3.7B+32.9%	$2.8B+28.3%	$2.2B+11.3%	$2.0B+340.0%	$447.0M
Free Cash Flow	-$5.4B-121.2%	-$2.5B-160.5%	-$944.0M-97.1%	-$479.0M+61.2%	-$1.2B-245.2%	$849.0M
Investing Cash Flow	-$8.6B-27.2%	-$6.8B-56.1%	-$4.4B+14.0%	-$5.1B-99.1%	-$2.5B-566.0%	-$382.0M
Financing Cash Flow	$6.4B-16.1%	$7.6B+194.6%	$2.6B-25.6%	$3.5B+62.8%	$2.1B+370.6%	-$792.0M
Dividends Paid	$1.1B+7.4%	$1.1B+7.2%	$990.0M+8.2%	$915.0M+7.1%	$854.0M+11.1%	$769.0M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Operating Cash Flow	N/A	$379.0M	N/A	$231.0M	N/A	$382.0M	N/A	$438.0M
Capital Expenditures	N/A	$1.5B	N/A	$820.0M	N/A	$484.0M	N/A	$449.0M
Free Cash Flow	N/A	-$1.1B	N/A	-$589.0M	N/A	-$102.0M	N/A	-$11.0M
Investing Cash Flow	N/A	-$3.1B	N/A	-$894.0M	N/A	-$200.0M	N/A	-$536.0M
Financing Cash Flow	N/A	$2.6B	N/A	$508.0M	N/A	-$130.0M	N/A	$267.0M
Dividends Paid	N/A	$281.0M	N/A	$271.0M	N/A	$246.0M	N/A	$228.0M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BEPJ Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	11.1%+11.3pp	-0.1%-12.4pp	12.2%+9.3pp	2.9%+4.5pp	-1.6%-0.4pp	-1.2%
Return on Equity	2.0%+2.1pp	-0.0%-2.1pp	2.1%+1.5pp	0.5%+0.8pp	-0.3%-0.1pp	-0.2%
Return on Assets	0.7%+0.7pp	-0.0%-0.8pp	0.8%+0.6pp	0.2%+0.3pp	-0.1%-0.0pp	-0.1%
Current Ratio	0.57-0.0	0.61+0.0	0.57-0.3	0.85-0.1	0.90+0.3	0.63
Debt-to-Equity	1.82+0.2	1.60+0.1	1.54+0.6	0.95+0.0	0.90+0.1	0.83
FCF Margin	-84.9%-43.1pp	-41.9%-23.1pp	-18.7%-8.6pp	-10.2%+19.9pp	-30.1%-52.4pp	22.3%

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	5.9%	N/A	-5.9%	N/A	12.5%	N/A	9.6%
Return on Equity	N/A	0.3%	N/A	-0.3%	N/A	0.5%	N/A	0.5%
Return on Assets	N/A	0.1%	N/A	-0.1%	N/A	0.2%	N/A	0.2%
Current Ratio	0.57+0.1	0.44-0.2	0.61+0.1	0.52-0.1	0.57-0.3	0.91+0.1	0.85+0.1	0.73
Debt-to-Equity	1.82-0.1	1.96+0.4	1.60-0.0	1.64+0.1	1.54+0.7	0.86-0.1	0.95-0.1	1.02
FCF Margin	N/A	-65.0%	N/A	-39.7%	N/A	-8.5%	N/A	-0.9%

Note: The current ratio is below 1.0 (0.57), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is BROOKFIELD BRP HLD 7 25 PERP SUB NTS's annual revenue?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) reported $6.4B in total revenue for fiscal year 2025. This represents a 9.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is BROOKFIELD BRP HLD 7 25 PERP SUB NTS's revenue growing?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) revenue grew by 9% year-over-year, from $5.9B to $6.4B in fiscal year 2025.

Is BROOKFIELD BRP HLD 7 25 PERP SUB NTS profitable?

Yes, BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) reported a net income of $712.0M in fiscal year 2025, with a net profit margin of 11.1%.

What is BROOKFIELD BRP HLD 7 25 PERP SUB NTS's net profit margin?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) had a net profit margin of 11.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is BROOKFIELD BRP HLD 7 25 PERP SUB NTS's return on equity (ROE)?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) has a return on equity of 2.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is BROOKFIELD BRP HLD 7 25 PERP SUB NTS's free cash flow?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) generated -$5.4B in free cash flow during fiscal year 2025. This represents a -121.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is BROOKFIELD BRP HLD 7 25 PERP SUB NTS's operating cash flow?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) generated $1.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are BROOKFIELD BRP HLD 7 25 PERP SUB NTS's total assets?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) had $98.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are BROOKFIELD BRP HLD 7 25 PERP SUB NTS's capital expenditures?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) invested $6.6B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is BROOKFIELD BRP HLD 7 25 PERP SUB NTS's current ratio?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) had a current ratio of 0.57 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is BROOKFIELD BRP HLD 7 25 PERP SUB NTS's debt-to-equity ratio?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) had a debt-to-equity ratio of 1.82 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is BROOKFIELD BRP HLD 7 25 PERP SUB NTS's return on assets (ROA)?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) had a return on assets of 0.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is BROOKFIELD BRP HLD 7 25 PERP SUB NTS's Piotroski F-Score?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are BROOKFIELD BRP HLD 7 25 PERP SUB NTS's earnings high quality?

BROOKFIELD BRP HLD 7 25 PERP SUB NTS (BEPJ) has an earnings quality ratio of 1.61x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.