FKnol.com

Financial Knowledge & Information Portal

Brookfield Asset Management (BAM) Company Profile

Updated May 14, 2020
Brookfield Asset Management has the following business profile:
Company's Full Name:Brookfield Asset Management Inc
Short Name:Brookfield Asset Management
Trading Ticker Symbol:BAM
Primary Exchange:NYSE
Headquarter City/Country:Canada
Primary Industry Sector:Consumer Services
Seconday Sub-sector:Building operators
Main Business Areas: Consumer Services, Building operators, Financial Services, Asset Management
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Brookfield Asset Management stock

Market and Trading Information for Brookfield Asset Management

The following details were available for trading and market data about the stock of Brookfield Asset Management as of writing:
Current Share Price:$30.64
Previous Year's Closing Price:$57.8
Percentage Price Change (YTD):-46.99%
Market Cap:$46.35 billion
52-week Price Range:$21.57 - $45.61
Dividend Per Share:$0.43
EPS (TTM):1.73
Price-Earnings (Trailing):17.68
Price-Earnings (Forward):13.26

Company Profile and Business Description for Brookfield Asset Management

Brookfield Asset Management Inc. (Brookfield), incorporated on January 1, 2005, is a global alternative asset manager. The Company owns and operates assets with a focus on property, renewable energy, infrastructure and private equity. The Company operates in eight segments: Asset Management, Property, Renewable power, Infrastructure, Private equity, Residential development, Service activities and Corporate activities. It manages a range of investment funds and other entities that enable institutional and retail clients to invest in the assets it focuses on. It earns asset management income, including base management fees, carried interests and other forms of performance income for doing so. This capital includes publicly listed partnerships that are listed on stock exchanges, as well as private institutional partnerships that are available to accredited investors, typically pension funds, endowments and other institutional investors. The Company also manages portfolios of listed securities through a series of segregated accounts and mutual funds.

Asset Management

The Company's Asset management operations consist of managing its listed partnerships, private funds and public markets on behalf of its clients. The Company earns base management fees for these activities, as well as performance income, including incentive distributions, based on profit sharing agreements. Brookfield also provides transaction and advisory services.

Property

Brookfield's Property operations include the ownership, operation and development of office, retail, industrial, multifamily, hospitality and other properties. It owns interest in and operates commercial office portfolios, consisting of over 261 properties containing approximately 123 million square feet of commercial office space. The properties are located in various financial, energy, technology and government cities in North America, Europe, Australia, Brazil and India. The Company also develops office properties on a selective basis and its office development assets consist of interests in over 29 sites, totaling approximately 31 million square feet.

The Company's retail portfolio consists of interest in over 173 retail properties in the United States and Brazil, encompassing approximately 155 million square feet. Its North American retail operations are held through interest in General Growth Properties Inc. (GGP) and Rouse Properties. The Company also owns an interest in a retail property company in Shanghai, China. The Company holds interest in over 201 operating properties in North America and Europe, containing approximately 55 million square feet of space. It also owns and manages a land portfolio to build over 45 million square feet of industrial properties. The Company's multifamily portfolio includes over 38,800 multifamily units in the United States, while its hospitality portfolio includes over 27 properties with approximately 18,000 rooms. Its triple net lease portfolio consists of over 300 properties that are leased to automotive dealerships across the United States and Canada.

Renewable Power

Brookfield's Renewable power operations include the ownership, operation and development of hydroelectric, wind power and other generating facilities. Brookfield holds its renewable energy operations through an interest in Brookfield Renewable Energy Partners L.P (BREP). BREP's renewable power portfolio has approximately 7,284 megawatts (MW) of installed capacity, and an average annual generation of approximately 25,543 gigawatt hour. This portfolio includes over 207 hydroelectric generating stations on approximately 73 river systems and approximately 37 wind facilities, diversified across over 14 power markets in the United States, Canada, Brazil and Europe.

Infrastructure

Brookfield's Infrastructure operations include the ownership, operation and development of utilities, transport, energy, timberland and agricultural operations. Brookfield's infrastructure operations are held through its diluted interest in Brookfield Infrastructure Partners L.P. (BIP). BIP's operations include utilities operations, which consist of regulated distribution, regulated terminal and electricity transmission operations, located in Australasia, North and South America, and Europe; transport operations, which consist of open access systems that provide transportation for freight, bulk commodities and passengers, and these operations consist of businesses with regulated tariff structures, such as rail and toll road operations, as well as unregulated businesses, such as its ports, and energy operations, which consist of systems that provide energy transmission, distribution and storage services.

Private Equity

The Company's Private equity operations include the investments and operations overseen by its private equity group, which include both direct investments and investments made by the Company's private equity funds. Its private equity funds invest in a range of industries. Its private equity operations are conducted through a series of institutional private equity funds operated under the Brookfield Capital Partners brand. It owns interest in several businesses, including Norbord Inc. (Norbord).

Residential Development

The Company's Residential development operations consist of homebuilding, condominium development and land development. Its residential development operations consist of direct investments in two companies: Brookfield Residential Properties Inc. (BRP) and Brookfield Incorporacoes S.A. (BISA), as well as directly held operations in Australia. Its North American business is conducted through BRP. BRP is active in over 10 markets located in Canada and the United States, and controls approximately 103,000 lots in these markets. Its Brazilian business operations include land acquisition and development, construction, and sales and marketing of a range of for-sale residential and commercial office units, with a focus on middle-income residential.

Service Activities

Brookfield's Service activities include construction management and contracting services, and property services operations. The property services include global corporate relocation, facilities management and residential brokerage services.

Corporate Activities

The Company's Corporate activities include the investment of cash and financial assets, as well as the management of its corporate capitalization, including corporate borrowings and preferred equity, which fund a portion of the capital invested in the Company's other operations. Its corporate operations consist of allocating capital to its operating platforms, through the Company's listed partnerships (Brookfield Property Partners L.P. (BPY), BREP and BIP) and through directly held investments and interests in its private equity funds, as well as funding this capital through corporate borrowings and preferred shares. The Company also invests capital in portfolios of financial assets, and enters into financial contracts to manage its foreign currency and interest rate risks.

300-181 Bay St, Brookfield Plac


See Full List of ETFs holding Brookfield Asset Management stock in their respective portfolios.

Peer / Competitor Companies of Building operators Sector

Along with Brookfield Asset Management Inc, the following other peer (competitor) companies also exist within the same Building operators - Consumer Services sector whose company profile and dividend history is as follows:

▶ Elbit Imaging (EMITF): Elbit Imaging Ltd., incorporated on July 18, 1996, engages, directly and through its investee companies, in the fields of commercial centers, hotels, medical industries and devices, and plots in India. ....See Detailed Company Profile,  Dividend History

▶ Gyrodyne LLC (GYRO): Gyrodyne, LLC, incorporated on October 3, 2013, is engaged in the business of investing and acquiring, owning and managing of a geographically diverse portfolio of real estate properties. The Companys ....See Detailed Company Profile,  Dividend History

▶ IRSA Propiedades (IRCP): IRSA Propiedades Comerciales S.A., incorporated on August 29, 1889, is a commercial real estate company in Argentina. The Company is engaged in the ownership, lease, management, development, operation and purchase ....See Detailed Company Profile,  Dividend History

▶ JW Mays (MAYS): J.W. Mays, Inc. owns, operates, and leases commercial real estate properties in the United States. Its properties are located in Brooklyn, Jamaica, Fishkill, Levittown, and Massapequa of New York, as ....See Detailed Company Profile,  Dividend History

▶ New England Realty Associates Partnership (NEN): New England Realty Associates Limited Partnership, incorporated on August 12, 1977, is engaged in the business of acquiring, developing, holding for investment, operating and selling real estate. The Company, directly ....See Detailed Company Profile,  Dividend History

▶ Piedmont Office Realty Trust (PDM): Piedmont Office Realty Trust, Inc., incorporated July 3, 1997, is an integrated self-managed real estate investment trust (REIT). The Companys business consists primarily of owning, managing, operating, leasing, acquiring, developing, ....See Detailed Company Profile,  Dividend History

▶ Spirit Realty Capital (SRC): Spirit Realty Capital, Inc., incorporated on September 29, 2004, is a self-administered and self-managed real estate investment trust (REIT). The Companys in-house capabilities include acquisition, portfolio management, asset management, credit ....See Detailed Company Profile,  Dividend History

▶ The Intergroup (INTG): The InterGroup Corporation (InterGroup), incorporated on September 11, 1985, is engaged in buying, developing, operating, rehabilitating and disposing of real property of various types and descriptions, and engaged in such ....See Detailed Company Profile,  Dividend History

▶ Trinity Place (TPHS): Trinity Place Holdings Inc., incorporated on September 12, 2012, is a real estate holding, investment and asset management company. The Company owns, invests in, manages, develops and/or redevelops real estate ....See Detailed Company Profile,  Dividend History

▶ Welltower (WELL): Welltower Inc. is a real estate investment trust that mostly invests in seniors housing, assisted living and memory care communities, post-acute care facilities, and medical office buildings. It also owns....See

... See Full List of All Stocks of Building operators Sector.

Stock List of Other Consumer Services Sub-sectors

▶ Stocks of Advertising Sector

▶ Stocks of Amusement and Recreation Sector

▶ Stocks of Automotive Aftermarket Sector

▶ Stocks of Books Sector

▶ Stocks of Broadcasting Sector

▶ Stocks of Building Operators Sector

▶ Stocks of Business Services Sector

▶ Stocks of Catalog and Specialty Distribution Sector

▶ Stocks of Clothing Shoes and Accessory Sector

▶ Stocks of Consumer Electronics - Video Sector

▶ Stocks of Consumer Specialties Sector

▶ Stocks of Diversified Commercial Services Sector

▶ Stocks of Electronics Distribution Sector

▶ Stocks of Entertainment Sector

▶ Stocks of Farming Seeds and Milling Sector

▶ Stocks of Food Chains Sector

▶ Stocks of Greeting Cards Sector

▶ Stocks of Home Furnishings Sector

▶ Stocks of Homebuilding Sector

▶ Stocks of Hotels Resorts Sector

▶ Stocks of Marine Transportation Sector

▶ Stocks of Military Government and Technical Sector

▶ Stocks of Motor Vehicles Sector

▶ Stocks of Movies Entertainment Sector

▶ Stocks of Newspapers Magazines Sector

▶ Stocks of Office Equipment Supplies and Services Sector

▶ Stocks of Other Consumer Services Sector

▶ Stocks of Other Specialty Stores Sector

▶ Stocks of Paper Sector

▶ Stocks of Professional Services Sector

▶ Stocks of Publishing Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Recreational Products and Toys Sector

▶ Stocks of REITs Sector

▶ Stocks of Rental Leasing Companies Sector

▶ Stocks of Restaurants Sector

▶ Stocks of Retail Building Materials Sector

▶ Stocks of Retail Stores Sector

▶ Stocks of Telecommunications Equipment Sector

▶ Stocks of Television Services Sector

▶ Stocks of Transportation Services Sector


Stock List of Other Top-level Sectors

▶ Stocks of Sector

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Discretionary Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Health Care Sector

▶ Stocks of Healthcare Sector

▶ Stocks of Industrials Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Public Utilities Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Services Sector

▶ Stocks of Technology Sector

▶ Stocks of Transportation Sector

▶ Stocks of Utilities Sector