Brookfield Asset Management Reports 12% Capital Growth and 15% Dividend Hike
Brookfield Asset Management ended FY2025 with $603B fee-bearing capital up 12% YoY and AUM of $1.2T, delivering fee-related earnings of $3B (+22%) and distributable earnings of $2.7B (+14%). The board approved a 15% dividend hike to $2.01 per share and plans to double fee-bearing capital and earnings by 2030.
1. FY2025 Financial Performance
Brookfield Asset Management closed FY2025 with fee-bearing capital at $603 billion, up 12% year over year, and total assets under management of $1.2 trillion. The firm generated $3 billion in fee-related earnings, a 22% increase, and $2.7 billion in distributable earnings, up 14%, highlighting operating leverage.
2. Capital Deployment and Asset Mix
During the year, the company raised $112 billion of capital, deployed $65.6 billion and monetized $50.1 billion, reinforcing its capital recycling strategy. Approximately 87% of fee-bearing capital resides in long-term or perpetual structures, with credit now the largest vertical at $280 billion following strategic acquisitions.
3. Dividend Increase and Long-Term Goals
The board approved a 15% dividend increase to $2.01 per share, reflecting confidence in recurring fee income. Management aims to double fee-bearing capital and earnings by 2030, driven by AI infrastructure expansion, private wealth distribution growth and maturation of $170 billion in carried interest-eligible capital.