Brookfield Asset Management (TSE:BAM) Full Year 2023 Results

Key Financial Results

• Revenue: US$4.06b (up 12% from FY 2022).

• Net income: US$1.84b (down 4.0% from FY 2022).

• Profit margin: 45% (down from 53% in FY 2022). The decrease in margin was driven by higher expenses.

• EPS: US$4.72 (down from US$4.83 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Brookfield Asset Management Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Capital Markets industry in Canada.

Performance of the Canadian Capital Markets industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Brookfield Asset Management, and understanding it should be part of your investment process.

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