# Brookfield Corporation (BN) — Stock CV

Brookfield Corporation is a $83.0B financial services company. Revenue shrank 12.5% over the last year, and it keeps 1¢ of every dollar of sales as profit. It trades at 63.7× earnings — in the cheapest third of its own history.

> Brookfield Corp is an investment firm focused on building long-term wealth for institutions and individuals, operating through seven segments: Asset Management, Wealth Solutions, Renewable Power and Transition, Infrastructure, Private Equity (which generates the highest revenue), Real Estate, and Corporate Activities.

## Identity

- **Ticker**: BN
- **Sector**: Financial Services
- **Employees**: 250 000
- **Website**: https://www.brookfield.com
- **Market cap**: $83.0B
- **Last price**: $37.19
- **Financial profile**: Strained

## Vitals (FY2025)

- **Revenue**: $77.7B
- **Net income**: $1.14B
- **Free cash flow**: -$9.41B
- **Net debt**: $254B
- **P/E**: 63.7
- **Revenue growth (YoY)**: -12.5%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 57 |
| Growth | 25 |
| Profitability | 21 |
| Health | 11 |
| Quality | 72 |
| Moat | 18 |

## Qualifications (beginner checklist) — 5 of 11 passed

- [ ] Revenue growing — -12.5% YoY
- [x] Profitable — $1.14B FY2025
- [ ] Profit growing — -13.5% YoY
- [ ] Generates cash — -$9.41B FY2025
- [ ] Debt under control — current ratio 0.69
- [x] Established company — $83.0B market cap
- [x] Not printing shares — -5.4% shares over ~5y
- [x] Proven track record — 5/5 profitable years
- [ ] Financially stable — Altman Z 0.5 — distress
- [x] Pays a dividend — yield 0.84%
- [ ] Valuation not extreme — P/E 63.7

## Experience (career milestones)

- **2025** — Brookfield Wealth Solutions agreed to acquire Just Group, a UK-based financial services company, for…
- **2022** — The Canada Pension Plan Investment Board (CPPIB) bought Brookfield's portfolio of Indian road…
- **2022** — The company renamed itself Brookfield Corporation (traded as BN) and spun off its asset management…
- **FY2021** — Profitable every year on record: 5 consecutive profitable years in our data
- **FY2021** — Revenue already above $50B: $78.2B in first reported year
- **FY2021** — Best year on record: $3.79B net income
- **Mar 13, 2019** — Brookfield Asset Management announced that it had agreed to buy most of Oaktree Capital…
- **2018** — Brookfield purchased Westinghouse Electric Company, a manufacturer of large nuclear reactors, out of…
- **2015** — Brookfield Asset Management became the ultimate parent company of what is now Brookfield Global Integrated…
- **2005** — After 37 years, Brascan Corp. was renamed to Brookfield Asset Management Inc
- **2000** — At its inception, the company was known as EdperBrascan, then changed its name to Brascan in 2000
- **1997** — The current Brookfield Corporation is the creation of the 1997 merger of Edper and Brascan
- **1993** — Robert Harding, president of Edper, stated that the intention of the merger was "furthering the simplification…

## Strengths

- Piotroski F-Score 7/9 — fundamentally strong checklist

## Watch-outs

- Revenue shrinking 12.5% year over year
- Negative free cash flow (-$9.4B)
- Altman Z-Score 0.46 — elevated financial-distress risk
- Thin interest coverage (1.2×)

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $78.2B | $3.79B | $1.51B |
| FY2022 | $95.4B | $1.91B | -$1.60B |
| FY2023 | $98.0B | $964M | -$3.60B |
| FY2024 | $88.7B | $473M | -$3.79B |
| FY2025 | $77.7B | $1.14B | -$9.41B |

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Source: https://stockcv.com/BN — derived from company filings; may be delayed or incomplete. Information, not investment advice.