Brookfield Wealth Solutions Ltd Financials

BNT

Source SEC Filings (10-K/10-Q) Updated Jun 30, 2025 Currency USD FYE December

This page shows Brookfield Wealth Solutions Ltd (BNT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).

Financial Health Signals

Financial Profile 60/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

100

Brookfield Wealth Solutions Ltd's revenue surged 104.0% year-over-year to $14.1B, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

Brookfield Wealth Solutions Ltd has elevated debt relative to equity (D/E of 9.70), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

100

Brookfield Wealth Solutions Ltd converts 32.1% of revenue into free cash flow ($4.5B). This strong cash generation earns a score of 100/100.

Returns

Brookfield Wealth Solutions Ltd's ROE of 9.5% shows moderate profitability relative to equity, earning a score of 38/100. This is down from 13.0% the prior year.

Piotroski F-Score Weak

3/9

Brookfield Wealth Solutions Ltd passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

3.66x

For every $1 of reported earnings, Brookfield Wealth Solutions Ltd generates $3.66 in operating cash flow ($4.6B OCF vs $1.2B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Revenue

$14.1B

YoY+104.0%

Brookfield Wealth Solutions Ltd generated $14.1B in revenue in fiscal year 2024. This represents an increase of 104.0% from the prior year.

EBITDA

N/A

Free Cash Flow

$4.5B

YoY+230.1%

Brookfield Wealth Solutions Ltd generated $4.5B in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 230.1% from the prior year.

Net Income

$1.2B

YoY+56.5%

Brookfield Wealth Solutions Ltd reported $1.2B in net income in fiscal year 2024. This represents an increase of 56.5% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

$12.2B

YoY+184.2%

Brookfield Wealth Solutions Ltd held $12.2B in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

N/A

Operating Margin

N/A

Net Margin

8.8%

YoY-2.7pp

Brookfield Wealth Solutions Ltd's net profit margin was 8.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 2.7 percentage points from the prior year.

Return on Equity

9.5%

YoY-3.4pp

Brookfield Wealth Solutions Ltd's ROE was 9.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 3.4 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$40.0M

YoY-70.4%

Brookfield Wealth Solutions Ltd invested $40.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 70.4% from the prior year.

BNT Income Statement

Metric	FY24	FY23	FY22	FY21	FY20
Revenue	$14.1B+104.0%	$6.9B+56.6%	$4.4B+323.9%	$1.0B+122.0%	$469.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A
Interest Expense	$362.0M+45.4%	$249.0M+139.4%	$104.0M+10300.0%	$1.0M	$0
Income Tax	-$34.0M-300.0%	$17.0M-45.2%	$31.0M+3200.0%	-$1.0M-133.3%	$3.0M
Net Income	$1.2B+56.5%	$797.0M+59.1%	$501.0M+547.3%	-$112.0M-1700.0%	$7.0M
EPS (Diluted)	N/A	N/A	N/A	N/A	$83.88

Metric	Q2'25	Q4'23	Q2'24	Q4'22	Q2'23	Q4'21	Q4'20
Revenue	$3.0B	N/A	$2.0B	N/A	$1.3B	N/A	N/A
Cost of Revenue	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
R&D Expenses	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
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$82.0M	N/A	$60.0M	N/A	$18.0M	N/A	N/A
Income Tax	$91.0M	N/A	$13.0M	N/A	-$3.0M	N/A	N/A
Net Income	$516.0M	N/A	$360.0M	N/A	$25.0M	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BNT Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20
Total Assets	$140.0B+127.0%	$61.6B+41.8%	$43.5B+275.4%	$11.6B+718.7%	$1.4B
Current Assets	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$12.2B+184.2%	$4.3B+100.8%	$2.1B+445.8%	$393.0M+1022.9%	$35.0M
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	$783.0M+547.1%	$121.0M0.0%	$121.0M	$0	N/A
Total Liabilities	$126.9B+140.3%	$52.8B+34.7%	$39.2B+283.0%	$10.2B+696.3%	$1.3B
Current Liabilities	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A
Total Equity	$13.1B+112.4%	$6.2B+265.3%	$1.7B+25.3%	$1.3B+942.6%	$129.0M
Retained Earnings	$2.1B+117.4%	$945.0M+204.8%	$310.0M	N/A	N/A

Metric	Q2'25	Q4'23	Q2'24	Q4'22	Q2'23	Q4'21	Q4'20
Total Assets	$148.9B+141.5%	$61.6B+28.4%	$48.0B+10.4%	$43.5B	N/A	$11.6B+718.7%	$1.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$13.1B+203.9%	$4.3B+48.9%	$2.9B+34.9%	$2.1B+2.9%	$2.1B+430.3%	$393.0M+1022.9%	$35.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$783.0M+547.1%	$121.0M0.0%	$121.0M0.0%	$121.0M	N/A	$0	N/A
Total Liabilities	$133.1B+152.0%	$52.8B+21.5%	$43.4B+10.9%	$39.2B	N/A	$10.2B+696.3%	$1.3B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$15.8B+157.3%	$6.2B+222.1%	$1.9B+13.4%	$1.7B+14.6%	$1.5B+9.3%	$1.3B+942.6%	$129.0M
Retained Earnings	$2.2B+135.9%	$945.0M+98.1%	$477.0M+53.9%	$310.0M	N/A	N/A	N/A

BNT Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$4.6B+203.2%	$1.5B+134.0%	$644.0M-61.8%	$1.7B+296.2%	$426.0M
Capital Expenditures	$40.0M-70.4%	$135.0M+462.5%	$24.0M+2300.0%	$1.0M	N/A
Free Cash Flow	$4.5B+230.1%	$1.4B+121.3%	$620.0M-63.2%	$1.7B	N/A
Investing Cash Flow	$1.4B+179.2%	-$1.8B+62.9%	-$4.9B-22.8%	-$4.0B-863.8%	-$412.0M
Financing Cash Flow	$1.9B-22.0%	$2.5B-58.9%	$6.0B+127.0%	$2.6B+20207.7%	$13.0M
Dividends Paid	N/A	$159.0M+148.4%	$64.0M+2033.3%	$3.0M	N/A
Share Buybacks	N/A	N/A	$6.0M-25.0%	$8.0M	$0

Metric	Q2'25	Q4'23	Q2'24	Q4'22	Q2'23	Q4'21	Q4'20
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	$27.0M	N/A	$12.0M	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BNT Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	8.8%-2.7pp	11.5%+0.2pp	11.3%+22.1pp	-10.8%-12.3pp	1.5%
Return on Equity	9.5%-3.4pp	13.0%-16.8pp	29.7%	N/A	5.4%
Return on Assets	0.9%-0.4pp	1.3%+0.1pp	1.1%+2.1pp	-1.0%-1.5pp	0.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	9.70+1.1	8.58-14.7	23.26+15.7	7.61-2.4	9.96
FCF Margin	32.1%+12.3pp	19.9%+5.8pp	14.1%-148.0pp	162.1%	N/A

Metric	Q2'25	Q4'23	Q2'24	Q4'22	Q2'23	Q4'21	Q4'20
Gross Margin	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
Net Margin	17.0%	N/A	18.2%	N/A	1.9%	N/A	N/A
Return on Equity	3.3%	N/A	18.8%	N/A	1.7%	N/A	N/A
Return on Assets	0.4%	N/A	0.8%	N/A	N/A	N/A	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	8.40-0.2	8.58-14.2	22.74-0.5	23.26	N/A	7.61-2.4	9.96
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Brookfield Wealth Solutions Ltd's annual revenue?

Brookfield Wealth Solutions Ltd (BNT) reported $14.1B in total revenue for fiscal year 2024. This represents a 104.0% 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 Wealth Solutions Ltd's revenue growing?

Brookfield Wealth Solutions Ltd (BNT) revenue grew by 104% year-over-year, from $6.9B to $14.1B in fiscal year 2024.

Is Brookfield Wealth Solutions Ltd profitable?

Yes, Brookfield Wealth Solutions Ltd (BNT) reported a net income of $1.2B in fiscal year 2024, with a net profit margin of 8.8%.

What is Brookfield Wealth Solutions Ltd's net profit margin?

Brookfield Wealth Solutions Ltd (BNT) had a net profit margin of 8.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Brookfield Wealth Solutions Ltd's return on equity (ROE)?

Brookfield Wealth Solutions Ltd (BNT) has a return on equity of 9.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Brookfield Wealth Solutions Ltd's free cash flow?

Brookfield Wealth Solutions Ltd (BNT) generated $4.5B in free cash flow during fiscal year 2024. This represents a 230.1% 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 Wealth Solutions Ltd's operating cash flow?

Brookfield Wealth Solutions Ltd (BNT) generated $4.6B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Brookfield Wealth Solutions Ltd's total assets?

Brookfield Wealth Solutions Ltd (BNT) had $140.0B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Brookfield Wealth Solutions Ltd's capital expenditures?

Brookfield Wealth Solutions Ltd (BNT) invested $40.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

What is Brookfield Wealth Solutions Ltd's debt-to-equity ratio?

Brookfield Wealth Solutions Ltd (BNT) had a debt-to-equity ratio of 9.70 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Brookfield Wealth Solutions Ltd's return on assets (ROA)?

Brookfield Wealth Solutions Ltd (BNT) had a return on assets of 0.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Brookfield Wealth Solutions Ltd's Piotroski F-Score?

Brookfield Wealth Solutions Ltd (BNT) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Brookfield Wealth Solutions Ltd's earnings high quality?

Brookfield Wealth Solutions Ltd (BNT) has an earnings quality ratio of 3.66x, 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.

How financially healthy is Brookfield Wealth Solutions Ltd?

Brookfield Wealth Solutions Ltd (BNT) scores 60 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.