Latest Ratios: P/E Ratio 87.6x · EV/EBITDA 12.3x · ROE 0.8%. (1997–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $98.0B | $108.6B | $91.0B | $63.7B | $50.6B | $78.1B | $51.8B | $46.7B | $30.5B | $34.8B | $26.3B |
| Enterprise Value | $394.3B | $405.0B | $310.8B | $286.2B | $250.3B | $241.3B | $198.5B | $188.8B | $140.4B | $108.0B | $86.9B |
| P/E Ratio → | 87.58 | 91.78 | 185.29 | 65.77 | 26.43 | 20.58 | — | 18.15 | 9.18 | 26.58 | 17.40 |
| P/S Ratio | 1.29 | 1.43 | 1.06 | 0.66 | 0.55 | 1.03 | 0.83 | 0.69 | 0.54 | 0.85 | 1.08 |
| P/B Ratio | 0.62 | 0.65 | 0.55 | 0.38 | 0.36 | 0.58 | 0.42 | 0.40 | 0.31 | 0.44 | 0.38 |
| P/FCF | — | — | — | — | 34.77 | 79.30 | 11.36 | 13.94 | 10.07 | 14.50 | 16.50 |
| P/OCF | — | — | 12.63 | 9.68 | 6.02 | 10.00 | 5.90 | 7.22 | 6.24 | 8.38 | 8.62 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.32 | 3.61 | 2.98 | 2.70 | 3.19 | 3.16 | 2.78 | 2.47 | 2.65 | 3.56 |
| EV / EBITDA | 12.27 | 12.60 | 11.21 | 12.17 | 11.47 | 13.37 | 13.00 | 12.59 | 12.59 | 13.01 | 13.16 |
| EV / EBIT | 18.11 | 18.08 | 15.98 | 13.24 | 14.41 | 10.81 | 22.67 | 14.44 | 11.61 | 12.31 | 13.95 |
| EV / FCF | — | — | — | — | 172.01 | 245.15 | 43.55 | 56.35 | 46.27 | 45.04 | 54.57 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.8% | 38.8% | 21.0% | 15.1% | 15.4% | 15.5% | 24.5% | 22.3% | 19.8% | 20.6% | 27.4% |
| Operating Margin | 28.6% | 28.6% | 20.9% | 15.1% | 15.2% | 15.3% | 15.1% | 14.9% | 14.2% | 14.6% | 18.8% |
| Net Profit Margin | 1.7% | 1.7% | 0.7% | 1.2% | 2.2% | 5.2% | -0.2% | 4.1% | 6.3% | 3.6% | 6.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.8% | 0.8% | 0.4% | 0.7% | 1.5% | 3.1% | -0.1% | 2.6% | 4.0% | 2.0% | 2.6% |
| ROA | 0.3% | 0.3% | 0.1% | 0.2% | 0.5% | 1.1% | -0.0% | 1.0% | 1.6% | 0.8% | 1.1% |
| ROIC | 3.7% | 3.7% | 3.4% | 2.9% | 3.2% | 3.0% | 2.6% | 3.2% | 3.2% | 3.1% | 2.7% |
| ROCE | 5.1% | 5.1% | 4.5% | 3.8% | 4.1% | 3.7% | 3.3% | 3.9% | 4.0% | 3.8% | 3.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.88 | 1.88 | 1.42 | 1.39 | 1.51 | 1.31 | 1.28 | 1.27 | 1.22 | 0.98 | 0.93 |
| Debt / EBITDA | 9.72 | 9.72 | 8.47 | 9.94 | 9.81 | 9.75 | 10.26 | 9.92 | 10.60 | 9.44 | 9.83 |
| Net Debt / Equity | — | 1.78 | 1.33 | 1.32 | 1.41 | 1.21 | 1.20 | 1.22 | 1.13 | 0.92 | 0.87 |
| Net Debt / EBITDA | 9.22 | 9.22 | 7.92 | 9.46 | 9.15 | 9.04 | 9.61 | 9.47 | 9.85 | 8.82 | 9.18 |
| Debt / FCF | — | — | — | — | 137.24 | 165.85 | 32.19 | 42.40 | 36.20 | 30.54 | 38.07 |
| Interest Coverage | 1.31 | 1.31 | 1.17 | 1.39 | 1.62 | 2.93 | 1.21 | 1.81 | 2.49 | 2.43 | 1.93 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.14 | 1.14 | 0.65 | 0.51 | 0.69 | 0.86 | 0.85 | 0.86 | 1.16 | 0.91 | 1.07 |
| Quick Ratio | 1.14 | 1.14 | 0.65 | 0.51 | 0.69 | 0.86 | 0.85 | 0.86 | 1.16 | 0.91 | 1.07 |
| Cash Ratio | 0.26 | 0.26 | 0.17 | 0.12 | 0.19 | 0.20 | 0.20 | 0.17 | 0.32 | 0.22 | 0.26 |
| Asset Turnover | — | 0.15 | 0.18 | 0.20 | 0.21 | 0.19 | 0.18 | 0.21 | 0.22 | 0.21 | 0.15 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | 77.2% | 38.6% | 42.8% | 33.7% | — | 27.5% | 20.3% | 46.9% | 38.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.1% | 1.1% | 0.5% | 1.5% | 3.8% | 4.9% | — | 5.5% | 10.9% | 3.8% | 5.7% |
| FCF Yield | — | — | — | — | 2.9% | 1.3% | 8.8% | 7.2% | 9.9% | 6.9% | 6.1% |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $2.4B | $2.4B | $2.4B | $2.4B | $2.4B | $2.3B | $2.2B | $2.2B | $2.2B | $2.2B |
High Interest Rate Sensitivity
According to current market data, BN trades at a P/E of 85.74, which appears to reflect significant investor skepticism regarding the transparency of its private asset valuations compared to the more straightforward earnings multiples awarded to capital-light asset management peers like Blackstone or KKR.
The wide gap between the trailing P/E and the forward P/E of 15.82 suggests that the market is pricing in a substantial recovery in earnings, likely contingent on successful asset recycling. Investors should monitor whether the firm can successfully transition its valuation profile from a cyclical real estate entity to a resilient, spread-based financial institution.
As reported in financial statements, Brookfield Corporation maintains a slim net margin that has averaged roughly 1.2% over the past ten quarters, a figure that appears significantly lower than pure-play asset management peers due to the firm's heavy integration of capital-intensive physical infrastructure and real estate assets.
While operating margins have shown resilience, reaching 41.9% in 2025Q4, the persistent compression at the net level suggests that high interest expenses and depreciation are structural drags on profitability. This indicates that the firm's true earning power is better assessed through distributable earnings rather than traditional GAAP net income.
Based on the provided quarterly data, BN's ROIC has remained consistently low, hovering near 0.7% to 1.5% over the last ten quarters, which suggests that the firm's massive asset base is not yet generating the returns on invested capital seen in more specialized asset management firms.
The low ROIC appears to be a function of the firm's strategy of holding long-duration, hard assets that require significant ongoing capital expenditure. This trend warrants further investigation into whether the firm's capital recycling strategy can eventually drive higher returns as mature assets are monetized at favorable multiples.
As indicated by the firm's financial filings, the asset turnover ratio has remained stagnant at approximately 0.04 to 0.05 over the last ten quarters, highlighting a business model that is fundamentally tied to the ownership of physical, long-duration assets rather than high-velocity capital-light fee streams.
This low turnover is characteristic of an infrastructure-heavy portfolio where assets are held for long periods to capture stable, inflation-linked cash flows. Investors should monitor whether the firm's expansion into insurance solutions will eventually improve overall asset efficiency by introducing more liquid, credit-based assets into the mix.
Based on the provided data, the discrepancy between reported corporate-level debt and the firm's massive consolidated asset base suggests that headline leverage ratios, such as the reported 1.88 D/E, may significantly understate the actual financial risk inherent in Brookfield Corporation's intricate, multi-layered corporate structure.
Analysts frequently misapply standard corporate leverage ratios to BN, failing to account for the massive non-recourse debt held at the subsidiary level. A more accurate assessment of risk requires adjusting for these off-balance-sheet liabilities and the consolidation of partially owned affiliates to understand the true enterprise-level financial exposure.
Includes 30+ ratios · 29 years · Updated daily
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Quick answers to the most common questions about buying BN stock.
Brookfield Corporation's current P/E ratio is 87.6x. The historical average is 24.9x. This places it at the 93th percentile of its historical range.
Brookfield Corporation's current EV/EBITDA is 12.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.2x.
Brookfield Corporation's return on equity (ROE) is 0.8%. The historical average is 6.1%.
Based on historical data, Brookfield Corporation is trading at a P/E of 87.6x. This is at the 93th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Brookfield Corporation has 38.8% gross margin and 28.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Brookfield Corporation's Debt/EBITDA ratio is 9.7x, indicating high leverage. A ratio above 4x may signal elevated financial risk.