BN
ACCE-researchedOverview
ACCE thesis
Brookfield Corporation operates one of the world's largest alternative asset management platforms, controlling $925 billion in assets across real estate, infrastructure, renewable power, and private equity through its public subsidiaries and private funds. The firm generates stable fee-related earnings from asset management while capturing carried interest upside from successful fund exits, creating a hybrid model that smooths volatility compared to pure-play private equity managers. Management targets 15-20% annual fee-related earnings growth driven by $150 billion in committed capital waiting for deployment and an accelerating fundraising cycle across all business lines. The current 97x trailing PE ratio reflects one-time charges and asset writedowns that mask normalized earning power, with forward estimates pointing to 8x earnings as fee income rebounds and carried interest crystallizes from recent vintage funds.
- highDeeply negative free cash flowFCF is -$3.79B, indicating the business consumes significant capital, raising questions about dividend sustainability and reinvestment capacity.
- highExtreme leverage ratioDebt/Equity of 6.24x is very elevated; even modest asset value declines or rate rises could stress the balance sheet materially.
- highNear-zero net marginNet margin of only 1.7% despite 28.9% operating margin signals massive below-the-line costs (interest/taxes), leaving minimal earnings buffer.
- moderateSevere quarterly earnings collapseQoQ earnings growth of -93.8% suggests the prior-quarter spike was non-recurring; underlying earnings power may be far weaker than the 158.8% YoY figure implies.
- moderateP/E vs forward P/E disconnectTrailing P/E of 85.5x versus forward P/E of 7.4x implies aggressive consensus growth assumptions; disappointment risk is high if estimates miss.
Walk me through this stock
Plain-English pros, cons, and what to watch. Pro feature.
Price
Valuation
INVESTORSix independent models converge on one confidence-weighted fair value, with full methodology and editable assumptions.
- +All six models: DCF, P/E and EV/EBITDA comps, Graham, dividend discount, residual income
- +Scenario bands, sensitivity tornado, and the 5-year historical valuation range
- +Editable DCF workbench with saved scenarios
Quality
INVESTORThe full quality picture: conviction breakdown, earnings quality, score history, and backtested returns.
- +Conviction score breakdown and earnings-quality grade
- +Growth / value / quality / momentum component scores
- +90-day score history and score-threshold backtests
Analysts
Wall Street consensus
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
- +Price-target low / average / high vs the current price, with implied upside
- +Forward revenue and EPS consensus by fiscal year
- +ACCE fair-value models lined up against the Street
Smart Money
PROFollow the institutions: 13F position changes, insider trades, and active 13D activist filings.
- +Quarter-over-quarter institutional position changes
- +Recent open-market insider transactions
- +Active 13D activist filings and top holders
Compare
Where it sits vs peers
Algorithmic peers (6)
| Ticker | Company | Mcap | P/E | ROE | D/E | Yield | Quality | |
|---|---|---|---|---|---|---|---|---|
| BN.TO | Brookfield Corporation | $83.7B | 69.1 | 2.3% | 6.24 | 0.7% | - | Compare |
| KKR | KKR & Co. Inc. Common Stock | $91.3B | 31.6 | 7.3% | 1.76 | 0.8% | - | Compare |
| APO | Apollo Global Management Inc. (New) Common Stock | $74.4B | 44.8 | 11.4% | 0.57 | 1.7% | - | Compare |
| BAM | Brookfield Asset Management Inc Class A Limited Voting Shares | $73.6B | 26.5 | 26.8% | 0.38 | 4.1% | - | Compare |
| BAM.TO | Brookfield Asset Management Ltd. | $73.5B | 26.4 | 26.8% | 0.45 | 3.0% | - | Compare |
| INVE-B.ST | Investor B | $123.6B | 4.7 | 27.3% | 0.12 | 1.4% | - | Compare |
Sector report card
Where BN ranks against its sector peers on each metric.
News and Record
Press releases mentioning this company
- GlobeNewswire•Sep 15, 2026Brookfield Agrees to Acquire Reliance Worldwide Corporation
- GlobeNewswire•Sep 14, 2026Brookfield to Host 2026 Investor Day on September 17
- GlobeNewswire•Sep 4, 2026Danone completes its acquisition of Huel, extending its portfolio in Functional Nutrition
Ask anything, Pro feature
Ask questions about this stock in plain language. Answered from company fundamentals + recent valuations.
Recent performance
SEC filings
Recent ACCE blog coverage
- $BN Reports 80% Earnings Jump Despite Modest Revenue Growth$BN delivered 80.4% earnings growth on just 3.5% revenue gains, suggesting major margin expansion in Q1 2026 results.2026-05-15