Brookfield Corporation (BN) - Net Assets
Based on the latest financial reports, Brookfield Corporation (BN) has net assets worth CA$165.89 Billion CAD (≈ $120.00 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$518.03 Billion ≈ $374.73 Billion USD) and total liabilities (CA$352.13 Billion ≈ $254.73 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Brookfield Corporation to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$165.89 Billion |
| % of Total Assets | 32.02% |
| Annual Growth Rate | 14.33% |
| 5-Year Change | 23.12% |
| 10-Year Change | 138.05% |
| Growth Volatility | 54.52 |
Brookfield Corporation - Net Assets Trend (1997–2025)
This chart illustrates how Brookfield Corporation's net assets have evolved over time, based on quarterly financial data. Also explore BN total assets for the complete picture of this company's asset base.
Annual Net Assets for Brookfield Corporation (1997–2025)
The table below shows the annual net assets of Brookfield Corporation from 1997 to 2025. For live valuation and market cap data, see Brookfield Corporation stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$165.89 Billion ≈ $120.00 Billion |
+0.31% |
| 2024-12-31 | CA$165.38 Billion ≈ $119.64 Billion |
-1.70% |
| 2023-12-31 | CA$168.24 Billion ≈ $121.70 Billion |
+18.57% |
| 2022-12-31 | CA$141.89 Billion ≈ $102.64 Billion |
+5.31% |
| 2021-12-31 | CA$134.74 Billion ≈ $97.47 Billion |
+9.87% |
| 2020-12-31 | CA$122.64 Billion ≈ $88.72 Billion |
+4.96% |
| 2019-12-31 | CA$116.85 Billion ≈ $84.52 Billion |
+20.27% |
| 2018-12-31 | CA$97.15 Billion ≈ $70.28 Billion |
+21.63% |
| 2017-12-31 | CA$79.87 Billion ≈ $57.78 Billion |
+14.61% |
| 2016-12-31 | CA$69.69 Billion ≈ $50.41 Billion |
+21.77% |
| 2015-12-31 | CA$57.23 Billion ≈ $41.40 Billion |
+7.47% |
| 2014-12-31 | CA$53.25 Billion ≈ $38.52 Billion |
+12.04% |
| 2013-12-31 | CA$47.53 Billion ≈ $34.38 Billion |
+4.39% |
| 2012-12-31 | CA$45.53 Billion ≈ $32.93 Billion |
+16.59% |
| 2011-12-31 | CA$39.05 Billion ≈ $28.25 Billion |
+33.77% |
| 2010-12-31 | CA$29.19 Billion ≈ $21.12 Billion |
+286.80% |
| 2009-12-31 | CA$7.55 Billion ≈ $5.46 Billion |
+30.55% |
| 2008-12-31 | CA$5.78 Billion ≈ $4.18 Billion |
-52.94% |
| 2007-12-31 | CA$12.28 Billion ≈ $8.89 Billion |
+25.12% |
| 2006-12-31 | CA$9.82 Billion ≈ $7.10 Billion |
+62.79% |
| 2005-12-31 | CA$6.03 Billion ≈ $4.36 Billion |
+6.80% |
| 2004-12-31 | CA$5.65 Billion ≈ $4.08 Billion |
-11.78% |
| 2003-12-31 | CA$6.40 Billion ≈ $4.63 Billion |
+21.05% |
| 2002-12-31 | CA$5.29 Billion ≈ $3.83 Billion |
-1.87% |
| 2001-12-31 | CA$5.39 Billion ≈ $3.90 Billion |
+27.33% |
| 2000-12-31 | CA$4.23 Billion ≈ $3.06 Billion |
+1.18% |
| 1999-12-31 | CA$4.18 Billion ≈ $3.03 Billion |
+9.93% |
| 1998-12-31 | CA$3.80 Billion ≈ $2.75 Billion |
-2.62% |
| 1997-12-31 | CA$3.91 Billion ≈ $2.83 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Brookfield Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$47.80 Billion | 100.00% |
| Total Equity | CA$47.80 Billion | 100.00% |
Brookfield Corporation Competitors by Market Cap
The table below lists competitors of Brookfield Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Duke Energy Corporation
NYSE:DUK
|
$100.08 Billion |
|
Zijin Mining Group Co Ltd Class A
SHG:601899
|
$100.38 Billion |
|
CVS Health Corp
NYSE:CVS
|
$101.04 Billion |
|
GSK PLC SP. ADR/2 NEW
F:GS70
|
$101.34 Billion |
|
McKesson Corporation
NYSE:MCK
|
$99.71 Billion |
|
Rio Tinto Group
F:RIOA
|
$99.40 Billion |
|
BNP PARIBAS ADR 1/2/EO 2
F:BNPH
|
$98.91 Billion |
|
Enel SpA
F:ENLA
|
$98.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brookfield Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 45,977,000,000 to 47,798,855,000, a change of 1,821,855,000 (4.0%).
- Net income of 1,329,880,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 8,843,000,000.
- Other factors increased equity by 9,334,975,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$1.33 Billion | +2.78% |
| Other Comprehensive Income | CA$-8.84 Billion | -18.5% |
| Other Changes | CA$9.33 Billion | +19.53% |
| Total Change | CA$- | 3.96% |
Book Value vs Market Value Analysis
This analysis compares Brookfield Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 29.32x to 3.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CA$2.10 | CA$61.48 | x |
| 1998-12-31 | CA$2.05 | CA$61.48 | x |
| 1999-12-31 | CA$2.28 | CA$61.48 | x |
| 2000-12-31 | CA$2.74 | CA$61.48 | x |
| 2001-12-31 | CA$2.75 | CA$61.48 | x |
| 2002-12-31 | CA$2.77 | CA$61.48 | x |
| 2003-12-31 | CA$3.54 | CA$61.48 | x |
| 2004-12-31 | CA$2.78 | CA$61.48 | x |
| 2005-12-31 | CA$3.15 | CA$61.48 | x |
| 2006-12-31 | CA$4.39 | CA$61.48 | x |
| 2007-12-31 | CA$5.57 | CA$61.48 | x |
| 2008-12-31 | CA$4.34 | CA$61.48 | x |
| 2009-12-31 | CA$5.78 | CA$61.48 | x |
| 2010-12-31 | CA$10.57 | CA$61.48 | x |
| 2011-12-31 | CA$13.48 | CA$61.48 | x |
| 2012-12-31 | CA$14.11 | CA$61.48 | x |
| 2013-12-31 | CA$13.66 | CA$61.48 | x |
| 2014-12-31 | CA$16.63 | CA$61.48 | x |
| 2015-12-31 | CA$16.29 | CA$61.48 | x |
| 2016-12-31 | CA$18.06 | CA$61.48 | x |
| 2017-12-31 | CA$19.21 | CA$61.48 | x |
| 2018-12-31 | CA$20.34 | CA$61.48 | x |
| 2019-12-31 | CA$23.52 | CA$61.48 | x |
| 2020-12-31 | CA$23.71 | CA$61.48 | x |
| 2021-12-31 | CA$29.21 | CA$61.48 | x |
| 2022-12-31 | CA$27.57 | CA$61.48 | x |
| 2023-12-31 | CA$28.82 | CA$61.48 | x |
| 2024-12-31 | CA$29.01 | CA$61.48 | x |
| 2025-12-31 | CA$20.19 | CA$61.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brookfield Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.69%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 10.84x
- Recent ROE (2.78%) is below the historical average (9.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 15.41% | 36.47% | 0.16x | 2.58x | CA$152.15 Million |
| 1998 | 9.69% | 25.79% | 0.15x | 2.56x | CA$-8.55 Million |
| 1999 | 9.47% | 29.74% | 0.13x | 2.42x | CA$-16.38 Million |
| 2000 | 12.25% | 53.27% | 0.11x | 2.17x | CA$79.30 Million |
| 2001 | 5.30% | 25.26% | 0.06x | 3.74x | CA$-172.99 Million |
| 2002 | 2.17% | 2.72% | 0.21x | 3.78x | CA$-299.60 Million |
| 2003 | 8.35% | 12.11% | 0.21x | 3.34x | CA$-80.50 Million |
| 2004 | 14.35% | 14.23% | 0.19x | 5.17x | CA$168.30 Million |
| 2005 | 38.43% | 31.84% | 0.23x | 5.18x | CA$1.23 Billion |
| 2006 | 19.23% | 16.96% | 0.17x | 6.69x | CA$561.60 Million |
| 2007 | 10.47% | 8.42% | 0.17x | 7.40x | CA$35.60 Million |
| 2008 | 11.23% | 5.03% | 0.24x | 9.27x | CA$70.90 Million |
| 2009 | 6.02% | 3.76% | 0.20x | 8.20x | CA$-300.70 Million |
| 2010 | 10.06% | 10.67% | 0.17x | 5.41x | CA$8.70 Million |
| 2011 | 9.53% | 12.29% | 0.17x | 4.43x | CA$-96.30 Million |
| 2012 | 6.20% | 7.35% | 0.17x | 4.89x | CA$-844.20 Million |
| 2013 | 10.15% | 10.55% | 0.18x | 5.40x | CA$32.10 Million |
| 2014 | 13.12% | 16.94% | 0.14x | 5.46x | CA$739.80 Million |
| 2015 | 9.25% | 11.76% | 0.14x | 5.51x | CA$-189.70 Million |
| 2016 | 6.24% | 6.76% | 0.15x | 6.04x | CA$-994.30 Million |
| 2017 | 5.18% | 3.58% | 0.21x | 6.82x | CA$-1.36 Billion |
| 2018 | 12.02% | 6.31% | 0.22x | 8.60x | CA$602.50 Million |
| 2019 | 8.02% | 4.14% | 0.21x | 9.25x | CA$-694.30 Million |
| 2020 | -0.37% | -0.21% | 0.18x | 9.59x | CA$-3.72 Billion |
| 2021 | 8.56% | 5.24% | 0.19x | 8.43x | CA$-669.50 Million |
| 2022 | 4.70% | 2.22% | 0.21x | 10.09x | CA$-2.32 Billion |
| 2023 | 2.47% | 1.18% | 0.20x | 10.71x | CA$-3.45 Billion |
| 2024 | 1.39% | 0.75% | 0.18x | 10.67x | CA$-3.96 Billion |
| 2025 | 2.78% | 1.69% | 0.15x | 10.84x | CA$-3.45 Billion |
Industry Comparison
This section compares Brookfield Corporation's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $839,245,418
- Average return on equity (ROE) among peers: 6.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brookfield Corporation (BN) | CA$165.89 Billion | 15.41% | 2.12x | $99.82 Billion |
| Aberdeen International Inc. (AAB) | $28.78 Million | -45.51% | 0.06x | $3.49 Million |
| Base Carbon Inc. (BCBN) | $134.69 Million | 72.96% | 0.05x | $67.04 Million |
| Canadian Banc Corp (BK) | $109.79 Million | 24.98% | 0.77x | $525.03 Million |
| Sprott Physical Gold and Silver Trust (CEF) | $3.24 Billion | -22.98% | 0.00x | $9.12 Billion |
| Canadian General Investments Ltd (CGI) | $500.05 Million | 24.07% | 0.30x | $767.51 Million |
| CI Financial Corp (CIX) | $2.06 Billion | 24.28% | 1.21x | $3.32 Billion |
| Clairvest Group Inc. (CVG) | $399.46 Million | 9.71% | 0.19x | $752.38 Million |
| Cymbria Corporation (CYB) | $1.04 Billion | 2.10% | 0.03x | $987.87 Million |
| Dividend 15 Split Corp II (DF) | $46.10 Million | -33.02% | 3.05x | $151.03 Million |
About Brookfield Corporation
Brookfield Corporation is a multi-asset manager focused on real estate, credit, renewable power and transition, infrastructure, venture capital, and private equity including growth capital and emerging growth investments. It manages a range of public and private investment products and services for institutional and retail clients. It typically makes investments in sizeable, premier assets across… Read more