Brookfield Asset (BROXF) Financials

BROXF

FY2025 annual

Revenue $75.1B -12.7% YoY

Net Income $3.2B +74.6% YoY

Free Cash Flow -$3.8B -5.3% YoY

Operating Cash Flow $11.0B +44.8% YoY

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Mar 18, 2026 Currency USD FYE December

Newest figures come from the 10-K for FY2025, filed Mar 18, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BROXF SEC filings page.

Brookfield Asset (BROXF) reported $75.1B in revenue for fiscal year 2025, down 12.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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 BROXF FY2025 2026-09-05

Balance-sheet heavy operations are seeing earnings recover while rising reinvestment keeps reported free cash flow negative.

In FY2025, operating cash flow reached $11.0B while free cash flow remained -$3.8B; the business converts operations into cash, but investment absorbs it before discretionary cash emerges. Capital expenditures were $14.8B, making reinvestment the immediate constraint on cash available outside the operating cycle.

Revenue fell to $75.1B in FY2025 from $86.0B in FY2024, yet net margin improved to 4.3% from 2.2%. That combination points to a profit mix or cost shift rather than growth-driven expansion; the statements do not identify which mechanism dominated.

Reported debt-to-equity stayed at 0.1x despite total liabilities reaching $352.8B against $166.2B of equity. With long-term debt at $14.3B, liabilities outside conventional long-term debt appear to drive much of the financing structure, so the debt ratio alone understates the balance-sheet obligations.

Financial Health Signals

Financial health score not available

Brookfield Asset does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

5/6

Brookfield Asset 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), all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

3.39x

For every $1 of reported earnings, Brookfield Asset generates $3.39 in operating cash flow ($11.0B OCF vs $3.2B 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

$16.2B

YoY+7.9%

QoQ+18.5%

Brookfield Asset held $16.2B in cash against $14.3B in long-term debt as of Q4 2025.

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.

BROXF 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.

BROXF quarterly income statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Revenue	$75.1B-12.7%	$86.0B-10.3%	$95.9B+3.4%	$92.8B+22.5%	$75.7B+20.7%	$62.8B-7.5%	$67.8B+19.5%	$56.8B+39.2%	$40.8B+67.1%	$24.4B
Interest Expense	$742.0M+2.1%	$727.0M+22.0%	$596.0M-94.4%	$10.7B+40.7%	$7.6B+5.4%	$7.2B-0.2%	$7.2B+48.9%	$4.9B+34.5%	$3.6B+11.6%	$3.2B
Income Tax	$1.1B+15.6%	$982.0M-2.9%	$1.0B-31.2%	$1.5B-36.8%	$2.3B+177.7%	$837.0M+69.1%	$495.0M+299.6%	-$248.0M-140.5%	$613.0M+277.7%	-$345.0M
Net Income	$3.2B+74.6%	$1.9B-63.7%	$5.1B-1.7%	$5.2B-58.1%	$12.4B+1652.2%	$707.0M-86.8%	$5.4B-28.5%	$7.5B+64.5%	$4.6B+36.3%	$3.3B
Diluted Shares (Avg)	2.37B-0.4%	2.38B+49.7%	1.59B-1.2%	1.61B+1.3%	1.59B+5.0%	1.51B+1.5%	1.49B+52.3%	977M0.0%	977M	N/A

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q2'2210-Q
Revenue	N/A	$18.1B-21.5%	N/A	$23.1B-2.6%	N/A	$23.7B+1.8%	N/A	$23.3B+27.2%
Interest Expense	N/A	$188.0M+3.9%	N/A	$181.0M+17.5%	N/A	$154.0M-93.6%	N/A	$2.4B+31.3%
Income Tax	N/A	$134.0M-55.9%	N/A	$304.0M-25.7%	N/A	$409.0M+190.1%	N/A	$141.0M-74.2%
Net Income	N/A	$1.1B+470.2%	N/A	-$285.0M-118.8%	N/A	$1.5B+2.5%	N/A	$1.5B-39.3%
Diluted Shares (Avg)	N/A	1.57B+2.4%	N/A	1.54B-2.7%	N/A	1.58B-2.4%	N/A	1.62B+4.3%

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

BROXF Balance Sheet

BROXF quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Total Assets	$519.0B+5.8%	$490.4B+0.1%	$490.1B+11.1%	$441.3B+12.9%	$391.0B+13.8%	$343.7B+6.1%	$324.0B+26.4%	$256.3B+33.0%	$192.7B+20.6%	$159.8B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$9.6B+41.0%	$6.8B
Cash & Equivalents	$16.2B+7.9%	$15.1B+34.1%	$11.2B-22.0%	$14.4B+13.4%	$12.7B+27.8%	$9.9B+46.5%	$6.8B-19.2%	$8.4B+63.3%	$5.1B+19.5%	$4.3B
Inventory	$5.9B+9.3%	$5.4B-23.3%	$7.1B-22.5%	$9.1B+6.4%	$8.6B+35.0%	$6.3B-10.2%	$7.1B+54.1%	$4.6B+27.7%	$3.6B+20.0%	$3.0B
Accounts Receivable	$22.8B+12.3%	$20.3B+0.1%	$20.3B+4.0%	$19.5B+21.1%	$16.1B+13.5%	$14.2B+2.3%	$13.9B+16.4%	$11.9B+40.3%	$8.5B+30.8%	$6.5B
Goodwill	$43.4B+21.3%	$35.7B+2.3%	$34.9B+21.8%	$28.7B+41.7%	$20.2B+37.5%	$14.7B+1.1%	$14.6B+65.1%	$8.8B+65.8%	$5.3B+40.5%	$3.8B
Total Liabilities	$352.8B+8.5%	$325.0B+1.0%	$321.9B+7.5%	$299.4B+16.8%	$256.3B+15.9%	$221.1B+6.7%	$207.1B+30.2%	$159.1B+41.0%	$112.8B+25.2%	$90.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$10.3B-3.6%	$10.7B
Non-Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$63.7B+39.4%	$45.7B
Long-Term Debt	$14.3B+0.5%	$14.2B+17.0%	$12.2B+6.8%	$11.4B+4.7%	$10.9B+19.8%	$9.1B+28.2%	$7.1B+10.5%	$6.4B+13.3%	$5.7B-89.2%	$52.4B
Total Equity	$166.2B+0.5%	$165.4B-1.7%	$168.2B+18.6%	$141.9B+5.3%	$134.7B+9.9%	$122.6B+5.0%	$116.8B+20.3%	$97.2B+21.6%	$79.9B+14.6%	$69.7B

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q2'2210-Q
Total Assets	$519.0B+5.8%	$506.1B+1.8%	$490.4B+0.1%	$497.3B+7.4%	$490.1B+11.1%	$463.1B+12.4%	$441.3B+12.9%	$411.9B+17.9%
Cash & Equivalents	$16.2B+7.9%	$13.7B+21.8%	$15.1B+34.1%	$11.2B-9.5%	$11.2B-22.0%	$12.4B+1.8%	$14.4B+13.4%	$12.2B+16.7%
Inventory	$5.9B+9.3%	$6.0B-18.5%	$5.4B-23.3%	$7.4B-17.6%	$7.1B-22.5%	$9.0B-3.2%	$9.1B+6.4%	$9.3B+47.5%
Accounts Receivable	$22.8B+12.3%	$22.1B+10.6%	$20.3B+0.1%	$19.9B-3.8%	$20.3B+4.0%	$20.7B+4.0%	$19.5B+21.1%	$19.9B+39.5%
Goodwill	$43.4B+21.3%	$38.7B+12.8%	$35.7B+2.3%	$34.3B+6.0%	$34.9B+21.8%	$32.3B+46.3%	$28.7B+41.7%	$22.1B+47.8%
Total Liabilities	$352.8B+8.5%	$344.4B+4.4%	$325.0B+1.0%	$329.8B+7.2%	$321.9B+7.5%	$307.6B+10.7%	$299.4B+16.8%	$277.9B+24.4%
Long-Term Debt	$14.3B+0.5%	N/A	$14.2B+17.0%	N/A	$12.2B+6.8%	N/A	$11.4B+4.7%	N/A
Total Equity	$166.2B+0.5%	$161.6B-3.5%	$165.4B-1.7%	$167.6B+7.7%	$168.2B+18.6%	$155.6B+16.1%	$141.9B+5.3%	$134.0B+6.4%

Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Long-Term Investments, Current Liabilities, Non-Current Liabilities, Retained Earnings.

BROXF Cash Flow Statement

BROXF quarterly cash flow statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Operating Cash Flow	$11.0B+44.8%	$7.6B+17.0%	$6.5B-26.1%	$8.8B+11.1%	$7.9B-5.6%	$8.3B+31.8%	$6.3B+22.7%	$5.2B+28.8%	$4.0B+29.9%	$3.1B
Depreciation & Amortization	$10.4B+6.6%	$9.7B+7.3%	$9.1B+18.1%	$7.7B+19.4%	$6.4B+11.2%	$5.8B+18.8%	$4.9B+57.2%	$3.1B+32.3%	$2.3B+16.1%	$2.0B
Capital Expenditures	$14.8B+32.0%	$11.2B+38.5%	$8.1B+11.5%	$7.2B+5.2%	$6.9B+71.5%	$4.0B+31.4%	$3.1B+55.6%	$2.0B+16.1%	$1.7B+14.8%	$1.5B
Free Cash Flow	-$3.8B-5.3%	-$3.6B-124.9%	-$1.6B-205.7%	$1.5B+52.6%	$993.0M-77.1%	$4.3B+32.2%	$3.3B+2.4%	$3.2B+38.1%	$2.3B+43.7%	$1.6B
Investing Cash Flow	-$31.8B-6.1%	-$30.0B-0.7%	-$29.8B+24.9%	-$39.6B-88.4%	-$21.0B-51.7%	-$13.9B+62.2%	-$36.7B-84.9%	-$19.8B-74.1%	-$11.4B-33.2%	-$8.6B
Financing Cash Flow	$21.7B-19.4%	$26.9B+35.0%	$19.9B-38.6%	$32.5B+99.6%	$16.3B+87.0%	$8.7B-69.7%	$28.7B+58.5%	$18.1B+121.6%	$8.2B+17.0%	$7.0B
Dividends Paid	$719.0M+8.4%	$663.0M+10.1%	$602.0M-41.5%	$1.0B-30.8%	$1.5B+71.4%	$867.0M+12.3%	$772.0M+6.3%	$726.0M+6.0%	$685.0M+8.2%	$633.0M

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q2'2210-Q
Operating Cash Flow	N/A	$2.0B+188.1%	N/A	$698.0M+71.9%	N/A	$406.0M-87.0%	N/A	$3.1B+104.0%
Depreciation & Amortization	N/A	$2.5B+4.1%	N/A	$2.4B+10.0%	N/A	$2.2B+17.4%	N/A	$1.9B+20.1%
Capital Expenditures	N/A	$2.8B+15.6%	N/A	$2.4B+44.5%	N/A	$1.7B-0.5%	N/A	$1.7B+31.9%
Free Cash Flow	N/A	-$745.0M+55.8%	N/A	-$1.7B-35.5%	N/A	-$1.2B-184.8%	N/A	$1.5B+435.8%
Investing Cash Flow	N/A	-$5.9B+29.1%	N/A	-$8.3B-866.2%	N/A	-$862.0M+94.5%	N/A	-$15.5B-1324.2%
Financing Cash Flow	N/A	$5.1B-30.6%	N/A	$7.4B+3332.0%	N/A	-$228.0M-101.7%	N/A	$13.1B+668.3%
Dividends Paid	N/A	$180.0M+8.4%	N/A	$166.0M+9.9%	N/A	$151.0M-41.0%	N/A	$256.0M-66.8%

Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.

BROXF 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.

BROXF quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Net Margin	4.3%+2.2pp	2.1%-3.2pp	5.3%-0.3pp	5.6%-10.8pp	16.4%+15.2pp	1.1%-6.8pp	7.9%-5.3pp	13.2%+2.0pp	11.2%-2.5pp	13.7%
Return on Equity	1.9%+0.8pp	1.1%-1.9pp	3.0%-0.6pp	3.7%-5.5pp	9.2%+8.6pp	0.6%-4.0pp	4.6%-3.1pp	7.7%+2.0pp	5.7%+0.9pp	4.8%
Return on Assets	0.6%+0.2pp	0.4%-0.7pp	1.0%-0.1pp	1.2%-2.0pp	3.2%+3.0pp	0.2%-1.4pp	1.7%-1.3pp	2.9%+0.6pp	2.4%+0.3pp	2.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.94+0.3x	0.64
Debt-to-Equity	0.090.0x	0.090.0x	0.070.0x	0.080.0x	0.080.0x	0.070.0x	0.060.0x	0.070.0x	0.07-0.7x	0.75
Asset Turnover	0.140.0x	0.180.0x	0.200.0x	0.210.0x	0.190.0x	0.180.0x	0.210.0x	0.220.0x	0.21+0.1x	0.15
FCF Margin	-5.1%-0.9pp	-4.2%-2.5pp	-1.7%-3.3pp	1.6%+0.3pp	1.3%-5.6pp	6.9%+2.1pp	4.8%-0.8pp	5.6%-0.1pp	5.7%-0.9pp	6.6%

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q2'2210-Q
Net Margin	N/A	5.8%+7.1pp	N/A	-1.2%-7.6pp	N/A	6.4%+0.1pp	N/A	6.3%-6.9pp
Return on Equity	N/A	0.7%+0.8pp	N/A	-0.2%-1.1pp	N/A	1.0%-0.1pp	N/A	1.1%-0.8pp
Return on Assets	N/A	0.2%+0.3pp	N/A	-0.1%-0.4pp	N/A	0.3%0.0pp	N/A	0.4%-0.3pp
Debt-to-Equity	0.090.0x	2.13+0.2x	0.090.0x	1.970.0x	0.070.0x	1.98-0.1x	0.080.0x	2.07+0.3x
Asset Turnover	N/A	0.040.0x	N/A	0.050.0x	N/A	0.050.0x	N/A	0.060.0x
FCF Margin	N/A	-4.1%+3.2pp	N/A	-7.3%-2.1pp	N/A	-5.3%-11.6pp	N/A	6.3%+4.8pp

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

Where Brookfield Asset Ranks

Frequently Asked Questions

What is Brookfield Asset's annual revenue?

Brookfield Asset (BROXF) reported $75.1B in total revenue for fiscal year 2025. This represents a -12.7% 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 Asset's revenue growing?

Brookfield Asset (BROXF) revenue declined by 12.7% year-over-year, from $86.0B to $75.1B in fiscal year 2025.

Is Brookfield Asset profitable?

Yes, Brookfield Asset (BROXF) reported a net income of $3.2B in fiscal year 2025, with a net profit margin of 4.3%.

How much debt does Brookfield Asset have?

As of fiscal year 2025, Brookfield Asset (BROXF) had $16.2B in cash and equivalents against $14.3B in long-term debt.

What is Brookfield Asset's net profit margin?

Brookfield Asset (BROXF) had a net profit margin of 4.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Brookfield Asset's return on equity (ROE)?

Brookfield Asset (BROXF) has a return on equity of 1.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Brookfield Asset's free cash flow?

Brookfield Asset (BROXF) recorded an outflow of $3.8B in free cash flow during fiscal year 2025. This represents a -5.3% 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 Asset's operating cash flow?

Brookfield Asset (BROXF) generated $11.0B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Brookfield Asset's total assets?

Brookfield Asset (BROXF) had $519.0B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Brookfield Asset's capital expenditures?

Brookfield Asset (BROXF) invested $14.8B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is Brookfield Asset's debt-to-equity ratio?

Brookfield Asset (BROXF) had a debt-to-equity ratio of 0.09 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Brookfield Asset's return on assets (ROA)?

Brookfield Asset (BROXF) had a return on assets of 0.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Brookfield Asset's Piotroski F-Score?

Brookfield Asset (BROXF) 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 Asset's earnings high quality?

Brookfield Asset (BROXF) has an earnings quality ratio of 3.39x, 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.