Question 1

What is Brookfield Asset Management's P/FCF ratio?

Accepted Answer

Brookfield Asset Management (BAM) P/FCF ratio is 32.5× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Brookfield Asset Management?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Brookfield Asset Management specifically, the relevant sector benchmark is the current sector median of 12.0×.

Question 5

Is Brookfield Asset Management's P/FCF ratio high or low?

Accepted Answer

Brookfield Asset Management's P/FCF ratio of 32.5× is below its own 5-year average of 66.5× and above the sector median of 12.0×. That places the current reading at the 24th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Brookfield Asset Management's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Brookfield Asset Management (BAM) P/FCF ratio has ranged from a low of 2.0× in 2022 to a high of 271.2× in 2025. The 5-year average is 66.5× and the 5-year median is 35.5×.

Question 7

What was Brookfield Asset Management's P/FCF ratio in 2025?

Accepted Answer

Brookfield Asset Management (BAM) P/FCF ratio at the end of 2025 was 37.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Brookfield Asset Management's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$83.8B	$2.24B	37.4×	-59.8×	Dec 31, 2025
2024	$60.7B	$624M	97.2×	+86.2×	Dec 31, 2024
2023	$15.6B	$1.42B	11.0×	—	Dec 31, 2023
2022	$11.4B	-$387M	—	—	Dec 31, 2022


UMB Financial (UMBF)	8.8×
Federal Agricultural Mortgage (AGM)	8.6×
T. Rowe Price (TROW)	8.6×
First Financial (THFF)	8.3×
Old Republic International (ORI)	8.0×
1st Source (SRCE)	8.0×
Auburn National Bancorporation (AUBN)	7.7×
Eagle Financial Services (EFSI)	7.5×
PayPal (PYPL)	7.5×
Assurant (AIZ)	7.5×
Cincinnati Financial (CINF)	7.1×
Alerus Financial (ALRS)	7.0×
American Financial Group (AFG)	6.8×
Hartford Insurance Group (HIG)	6.5×
Travelers Companies (TRV)	6.3×
Invesco (IVZ)	6.1×
Arch Capital Group (ACGL)	5.9×
Principal Financial Group (PFG)	5.5×
Allstate (ALL)	4.7×
Everest Group (EG)	4.6×
Capital One Financial (COF)	3.9×
Prudential Financial (PRU)	3.5×
Mercury General (MCY)	3.4×
MetLife (MET)	2.8×
StoneX Group (SNEX)	0.8×

P/FCF Ratio for Brookfield Asset Management (BAM) 2023-2026

P/FCF Ratio daily chart for Brookfield Asset Management (BAM)

Historical P/FCF Ratio for Brookfield Asset Management (BAM) from 2022 to 2025

About P/FCF Ratio at Brookfield Asset Management (BAM)

Brookfield Asset Management P/FCF Ratio by Year

Brookfield Asset Management P/FCF Ratio 2025: 37.4×

Brookfield Asset Management P/FCF Ratio 2024: 97.2×

Brookfield Asset Management P/FCF Ratio 2023: 11.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Brookfield Asset Management (BAM) Key Financials