(BN) Brookfield - Ratings and Ratios

Brookfield Corporation (NYSE:BN) operates as a global alternative-asset manager and REIT-style real-estate investment manager, deploying capital across real estate, renewable power, infrastructure, and private-equity/venture-capital assets. It offers both public and private investment products to institutional and retail clients, leveraging its own balance-sheet alongside third-party capital to acquire large-scale, high-quality assets worldwide.

The firm’s private-equity platform targets a broad set of transaction types-including control buyouts, distressed acquisitions, carve-outs, recapitalizations, and mezzanine financings-across sectors that typically own tangible assets (e.g., industrial products, building materials, metals, mining, homebuilding, oil & gas, and packaging). In venture capital, Brookfield focuses on early-stage and growth-stage opportunities, while its infrastructure and renewable-power businesses concentrate on long-lived, cash-generating projects such as toll roads, utilities, and wind/solar farms.

Geographically, Brookfield’s investment universe spans North America (including the United States, Canada, and Brazil), Europe, Australia, and the Asia-Pacific region. Typical equity commitments range from $2 million to $500 million, with a standard investment horizon of four years, a ten-year fund life, and the option for two one-year extensions. The firm is comfortable taking either minority or majority stakes, depending on the strategic fit and control considerations.

As of FY 2023, Brookfield reported approximately **$950 billion** in assets under management (AUM), a **12 %** year-over-year increase driven largely by inflows into its renewable-energy platform and infrastructure funds. Revenue grew to **$31 billion**, with an operating margin of **28 %**, reflecting the high-yield, low-volatility nature of its core assets. Key macro drivers include rising global infrastructure spending (projected to exceed $15 trillion by 2030), accelerating demand for clean-energy capacity (global renewable-energy investment reached $1.1 trillion in 2023), and a relatively stable low-interest-rate environment that supports the firm’s dividend-focused REIT structure. However, any significant upward shift in rates could pressure the cost of capital for new acquisitions and affect the valuation of existing debt-heavy assets.

For a deeper, data-driven look at how Brookfield’s valuation metrics compare to peers and to assess the sensitivity of its cash-flow profile to macro-economic scenarios, you may find the analytics on ValueRay worth exploring.