Brookfield Corporation - Ordinary Shares - Class A
BN
Market Cap$80.5B
Close$
Earnings Call Q2 2024
August 8, 2024 - AI Summary
Brookfield Corporation reported strong financial results for the second quarter, with distributable earnings before realizations of $1.1 billion and total distributable earnings of $2.1 billion.
The company's asset management business generated distributable earnings of $636 million, driven by strong fundraising and a 17% increase in fee-bearing capital over the past year.
The Wealth Solutions business had another strong quarter, doubling in size and reaching over $110 billion in insurance assets. The net investment spread on the assets remained consistent at approximately 2%.
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Share Statistics
| Market cap | $80.50 Billion |
|---|---|
| Enterprise Value | $316.75 Billion |
| Dividend Yield | $0.32 (0.58063307735531%) |
| Earnings per Share | $0.63 |
| Beta | 1.74 |
| Outstanding Shares | 1,103,064,720 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 54.83 |
|---|---|
| PEG | -116.86 |
| Price to Sales | 0.59 |
| Price to Book Ratio | 0.35 |
| Enterprise Value to Revenue | 3.16 |
| Enterprise Value to EBIT | 16.54 |
| Enterprise Value to Net Income | 294 |
| Total Debt to Enterprise | 0.78 |
| Debt to Equity | 5.46 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Brookfield Corporation
2,021 employees
CEO: James Flatt Brookfield Asset Management Inc. is a leading global alternative asset manager with approximately US$600 billion of assets under management across real estate, infrastructure, renewable power, private equity and credit. Brookfield owns a...