Brookfield Asset Management (NYSE: BAM) is a leading global alternative asset manager. The company manages a wide range of assets, including real estate, infrastructure, renewable power, and private equity. With over $1 trillion in assets under management, it is one of the largest investment firms in the world.
On May 8, 2026, Brookfield Asset Management reported its first-quarter financial results. The company announced an earnings per share (EPS) of $0.43, which is slightly higher than the analyst consensus estimate of $0.42, as highlighted by Zacks. This figure also represents an increase from the $0.40 per share earned in the same quarter of the previous year.
While earnings were positive, Brookfield Asset Management's revenue performance for the quarter was $1.31 billion, falling short of the $1.43 billion estimate. However, the company's fee-related earnings showed strong performance, highlighting the company's core business strength. These earnings, which come from managing client funds, reached $772 million for the quarter, an 11% increase year-over-year.
The company announced strong financial results, as highlighted by GlobeNewswire, and successfully raised $21 billion in new capital during the quarter. CEO Connor Teskey states that he expects 2026 to be a very strong year, with growth exceeding the company's long-term targets, partly due to the strategic acquisition of Oaktree.
Brookfield Asset Management has a price-to-earnings (P/E) ratio of 31.20. This valuation metric provides investment insights into how much investors are willing to pay for each dollar of the company's earnings. The company's earnings yield, which is the inverse of the P/E ratio, stands at 3.2% for the last twelve months.