Brookfield Wealth Solutions Ltd. (BNT) Financials

BNT

FY2025 annual

Revenue $11.6B -17.5% YoY

Net Income $863.0M -30.8% YoY

Free Cash Flow $2.5B -43.8% YoY

Operating Cash Flow $2.6B -42.8% YoY

Market Cap $10.1B as of Oct 13, 2026

Price / Sales 0.9x on $11.6B revenue, FY2025

Price / Earnings 11.7x on $863.0M net income, FY2025

Price / Book 0.6x on $17.9B equity, Q4 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Mar 26, 2026 Currency USD FYE December

Newest figures come from the 20-F for FY2025, filed Mar 26, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BNT SEC filings page.

Brookfield Wealth Solutions Ltd. (BNT) reported $11.6B in revenue for fiscal year 2025, down 17.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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 BNT FY2025 2026-10-03

Brookfield Wealth Solutions operates with a balance sheet far larger than revenue, while FY2025 brought weaker earnings and cash generation.

Reported cash generation is more expansive than accounting profit: in FY2025, operating cash flow of $2.6B was roughly three times net income of $863M, even as both fell from FY2024. That gap makes working-capital and balance-sheet flows important to interpreting earnings, rather than treating net income as the complete operating picture.

Scale changes the useful analytical lens: FY2025 assets of $157.2B were 13.5x revenue of $11.6B. That makes the 0.6% ROA and 7.8x debt-to-equity more informative than revenue-based margins.

Debt-to-equity fell from 9.7x to 7.8x while equity increased, indicating that improved leverage partly reflects a larger capital base. Free cash flow fell 44.0% to $2.5B, showing that balance-sheet strengthening did not prevent weaker 2025 cash conversion.

Financial Health Signals

Financial Health Score 15/100

Scored as: Insurers peer group

Scored against insurers for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Brookfield Wealth Solutions Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Loss Ratio

Loss Ratio measures the claims an insurer paid out against the premiums it earned, so a lower ratio leaves more of every premium dollar with the company. Brookfield Wealth Solutions Ltd. scores 9/100 on it among other insurers.

Premium Growth

Not available for Brookfield Wealth Solutions Ltd., and counted as zero in the overall score.

Capital

Brookfield Wealth Solutions Ltd. funded 11.4% of its assets with shareholders' equity at the end of fiscal year 2025, holding $17.9B of equity against $157.2B of assets. Capital ranks insurers on that cushion, and Brookfield Wealth Solutions Ltd. scores 21/100 among other insurers.

Investment Yield

Not available for Brookfield Wealth Solutions Ltd., and counted as zero in the overall score.

Combined Ratio

Combined Ratio puts claims and running costs together against premiums earned, and a figure under 100% means the underwriting made money before any investment income was counted. Brookfield Wealth Solutions Ltd. scores 10/100 on it among other insurers.

Stability

Brookfield Wealth Solutions Ltd. reported net income of $863.0M in fiscal year 2025, against $1.2B in fiscal year 2024. Stability ranks insurers on how steady net income has been across five years, and Brookfield Wealth Solutions Ltd. scores 48/100 among other insurers.

Piotroski F-Score Partial

3/5

Brookfield Wealth Solutions Ltd. passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 3 of 4 profitability signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

3.03x

For every $1 of reported earnings, Brookfield Wealth Solutions Ltd. generates $3.03 in operating cash flow ($2.6B OCF vs $863.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt

$13.0B

YoY+6.3%

QoQ-0.6%

Brookfield Wealth Solutions Ltd. held $13.0B in cash as of Q4 2025; long-term debt is not reported for that period.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Shares Outstanding

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

BNT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BNT quarterly income statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K
Revenue	$11.6B-17.5%	$14.1B+104.0%	$6.9B+56.6%	$4.4B+323.9%	$1.0B+122.0%	$469.0M
Interest Expense	$379.0M+4.7%	$362.0M+45.4%	$249.0M+139.4%	$104.0M+10300.0%	$1.0M	$0
Income Tax	$104.0M+405.9%	-$34.0M-300.0%	$17.0M-45.2%	$31.0M+3200.0%	-$1.0M-133.3%	$3.0M
Net Income	$863.0M-30.8%	$1.2B+56.5%	$797.0M+59.1%	$501.0M+547.3%	-$112.0M-1700.0%	$7.0M
EPS (Basic)	$3.35-61.4%	$8.69-17.3%	$10.51-23.6%	$13.75+379.5%	-$4.92-105.9%	$83.88
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	$83.88

Metric	Q4'2520-F	Q2'2510-Q	Q1'2510-Q	Q4'2420-F	Q2'2410-Q	Q1'2410-Q	Q4'2310-K	Q2'2310-Q
Revenue	N/A	$3.0B+4.7%	N/A	N/A	$2.9B+47.0%	N/A	N/A	$2.0B+54.2%
Interest Expense	N/A	$82.0M-13.7%	N/A	N/A	$95.0M+58.3%	N/A	N/A	$60.0M+233.3%
Income Tax	N/A	$91.0M+130.5%	N/A	N/A	-$298.0M-2392.3%	N/A	N/A	$13.0M+533.3%
Net Income	N/A	$516.0M+91.8%	-$282.0M-183.7%	N/A	$269.0M-25.3%	$337.0M+462.4%	N/A	$360.0M+1340.0%
EPS (Basic)	N/A	$2.44+25.1%	N/A	N/A	$1.95-75.8%	N/A	N/A	$8.07+1422.6%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, EPS (Diluted), Diluted Shares (Avg).

BNT Balance Sheet

BNT quarterly balance sheet

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K
Total Assets	$157.2B+12.3%	$140.0B+127.0%	$61.6B+41.8%	$43.5B+275.4%	$11.6B+718.7%	$1.4B
Cash & Equivalents	$13.0B+6.3%	$12.2B+184.2%	$4.3B+100.8%	$2.1B+445.8%	$393.0M+1022.9%	$35.0M
Short-Term Investments	$475.0M-89.2%	$4.4B+41.3%	$3.1B+29.7%	$2.4B+99.7%	$1.2B	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0
Goodwill	$783.0M0.0%	$783.0M+547.1%	$121.0M0.0%	$121.0M	$0	N/A
Total Liabilities	$139.3B+9.8%	$126.9B+140.3%	$52.8B+34.7%	$39.2B+283.0%	$10.2B+696.3%	$1.3B
Total Equity	$17.9B+37.0%	$13.1B+112.4%	$6.2B+265.3%	$1.7B+25.3%	$1.3B+942.6%	$129.0M
Retained Earnings	$2.8B+37.3%	$2.1B+117.4%	$945.0M+204.8%	$310.0M	N/A	N/A

Metric	Q4'2520-F	Q2'2510-Q	Q1'2510-Q	Q4'2420-F	Q2'2410-Q	Q1'2410-Q	Q4'2310-K	Q2'2310-Q
Total Assets	$157.2B+12.3%	$148.9B+14.1%	N/A	$140.0B+127.0%	$130.5B+172.0%	N/A	$61.6B+41.8%	$48.0B
Cash & Equivalents	$13.0B+6.3%	$13.1B-8.7%	N/A	$12.2B+184.2%	$14.3B+395.5%	N/A	$4.3B+100.8%	$2.9B+38.8%
Short-Term Investments	$475.0M-89.2%	$4.5B+53.1%	N/A	$4.4B+41.3%	$2.9B+0.2%	N/A	$3.1B+29.7%	$2.9B
Long-Term Investments	$0	$0	N/A	$0	$0	N/A	$0	$0
Goodwill	$783.0M0.0%	$783.0M+4.3%	N/A	$783.0M+547.1%	$751.0M+520.7%	N/A	$121.0M0.0%	$121.0M
Total Liabilities	$139.3B+9.8%	$133.1B+12.0%	N/A	$126.9B+140.3%	$118.8B+173.4%	N/A	$52.8B+34.7%	$43.4B
Total Equity	$17.9B+37.0%	$15.8B+75.7%	$13.0B+101.3%	$13.1B+112.4%	$9.0B+371.7%	$6.5B+259.4%	$6.2B+265.3%	$1.9B+30.0%
Retained Earnings	$2.8B+37.3%	$2.2B+49.8%	N/A	$2.1B+117.4%	$1.5B+211.9%	N/A	$945.0M+204.8%	$477.0M

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

BNT Cash Flow Statement

BNT quarterly cash flow statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K
Operating Cash Flow	$2.6B-42.8%	$4.6B+203.2%	$1.5B+134.0%	$644.0M-61.8%	$1.7B+296.2%	$426.0M
Depreciation & Amortization	$218.0M+5.8%	$206.0M+312.0%	$50.0M+284.6%	$13.0M	$0	$0
Capital Expenditures	$69.0M+72.5%	$40.0M-70.4%	$135.0M+462.5%	$24.0M+2300.0%	$1.0M	N/A
Free Cash Flow	$2.5B-43.8%	$4.5B+230.1%	$1.4B+121.3%	$620.0M-63.2%	$1.7B	N/A
Investing Cash Flow	-$9.7B-774.9%	$1.4B+179.2%	-$1.8B+62.9%	-$4.9B-22.8%	-$4.0B-863.8%	-$412.0M
Financing Cash Flow	$7.8B+306.3%	$1.9B-22.0%	$2.5B-58.9%	$6.0B+127.0%	$2.6B+20207.7%	$13.0M
Dividends Paid	N/A	N/A	$159.0M+148.4%	$64.0M+2033.3%	$3.0M	N/A
Share Buybacks	N/A	N/A	N/A	$6.0M-25.0%	$8.0M	$0

Metric	Q4'2520-F	Q2'2510-Q	Q1'2510-Q	Q4'2420-F	Q2'2410-Q	Q1'2410-Q	Q4'2310-K	Q2'2310-Q
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$27.0M+125.0%

Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Share Buybacks.

BNT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BNT quarterly financial ratios

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K
Net Margin	7.4%-1.4pp	8.8%-2.7pp	11.5%+0.2pp	11.3%+22.1pp	-10.8%-12.3pp	1.5%
Return on Equity	4.8%-4.7pp	9.5%-3.4pp	13.0%-16.8pp	29.7%+38.1pp	-8.3%-13.8pp	5.4%
Return on Assets	0.5%-0.3pp	0.9%-0.4pp	1.3%+0.1pp	1.1%+2.1pp	-1.0%-1.5pp	0.5%
Debt-to-Equity	7.77-1.9x	9.70+1.1x	8.58-14.7x	23.26+15.7x	7.61-2.4x	9.96
Asset Turnover	0.070.0x	0.100.0x	0.110.0x	0.100.0x	0.09-0.2x	0.33
FCF Margin	21.9%-10.2pp	32.1%+12.3pp	19.9%+5.8pp	14.1%	162.1%	N/A

Metric	Q4'2520-F	Q2'2510-Q	Q1'2510-Q	Q4'2420-F	Q2'2410-Q	Q1'2410-Q	Q4'2310-K	Q2'2310-Q
Net Margin	N/A	17.0%+7.7pp	N/A	N/A	9.3%-9.0pp	N/A	N/A	18.2%+16.3pp
Return on Equity	N/A	3.3%+0.3pp	-2.2%-7.4pp	N/A	3.0%-15.9pp	5.2%+10.4pp	N/A	18.8%+17.1pp
Return on Assets	N/A	0.4%+0.1pp	N/A	N/A	0.2%-0.5pp	N/A	N/A	0.8%
Debt-to-Equity	7.77-1.9x	8.40-4.8x	N/A	9.70+1.1x	13.17-9.6x	N/A	8.58-14.7x	22.74
Asset Turnover	N/A	0.020.0x	N/A	N/A	0.020.0x	N/A	N/A	0.04

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Brookfield Wealth Solutions Ltd. BNT	FY2025	$11.6B	$863.0M	7.4%	$10.1B	15/100
Arch Capital Group Ltd ACGL	FY2025	$19.9B	$4.4B	22.1%	$33.2B	60/100
American International Group, Inc. AIG	FY2025	$26.8B	$3.1B	11.6%	$40.6B	35/100
Loews Corporation L	FY2025	$18.5B	$1.7B	9.0%	$22.0B	27/100

Where Brookfield Wealth Solutions Ltd. Ranks

Frequently Asked Questions

What is Brookfield Wealth Solutions Ltd.'s annual revenue?

Brookfield Wealth Solutions Ltd. (BNT) reported $11.6B in total revenue for fiscal year 2025. This represents a -17.5% 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 declined by 17.5% year-over-year, from $14.1B to $11.6B in fiscal year 2025.

Is Brookfield Wealth Solutions Ltd. profitable?

Yes, Brookfield Wealth Solutions Ltd. (BNT) reported a net income of $863.0M in fiscal year 2025, with a net profit margin of 7.4%.

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

Brookfield Wealth Solutions Ltd. (BNT) had a net profit margin of 7.4% in fiscal year 2025, 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 4.8% for fiscal year 2025, 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 $2.5B in free cash flow during fiscal year 2025. This represents a -43.8% 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 $2.6B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Brookfield Wealth Solutions Ltd.'s total assets?

Brookfield Wealth Solutions Ltd. (BNT) had $157.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Brookfield Wealth Solutions Ltd.'s capital expenditures?

Brookfield Wealth Solutions Ltd. (BNT) invested $69.0M in capital expenditures during fiscal year 2025, 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 7.77 as of fiscal year 2025, 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 0.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Brookfield Wealth Solutions Ltd.'s P/E ratio?

Brookfield Wealth Solutions Ltd. (BNT) trades at 11.7x earnings, its market capitalization divided by net income of $863.0M net income, FY2025. The market capitalization is $10.1B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Brookfield Wealth Solutions Ltd.'s price-to-sales ratio?

Brookfield Wealth Solutions Ltd. (BNT) trades at 0.9x sales, its market capitalization divided by revenue of $11.6B revenue, FY2025. The market capitalization is $10.1B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

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

Brookfield Wealth Solutions Ltd. (BNT) has a Piotroski F-Score of 3 out of 5 computable signals; 4 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 Wealth Solutions Ltd.'s earnings high quality?

Brookfield Wealth Solutions Ltd. (BNT) has an earnings quality ratio of 3.03x, 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 15 out of 100 on our Financial Health Score, indicating weak standing within its insurers peer group. The score is a 0-100 composite of six dimensions (Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.