Brookfield Corporation Reports Q1 2025 Results: Revenues Drop 21.7%, Net Income Falls by 58.6%, EPS Decreases to $0.02

Reuters
2025.05.13 02:01
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Brookfield Corporation reported its Q1 2025 results, revealing a 21.7% drop in revenues to $17.944 billion and a 58.6% decline in net income to $215 million. Earnings per share decreased to $0.02. However, distributable earnings before realizations increased to $1.301 billion, or $0.82 per share, and total distributable earnings rose to $1.549 billion, or $0.98 per share. The asset management segment generated $684 million in distributable earnings, reflecting strong fundraising efforts.

Brookfield Corporation has released its first-quarter financial results for 2025, reporting a significant decrease in revenues to $17.944 billion, down from $22.907 billion in the first quarter of 2024. Net income also decreased, registering at $215 million compared to $519 million in the previous year. Net income attributable to shareholders was $73 million, down from $102 million reported in the first quarter of 2024. The company reported distributable earnings before realizations of $1.301 billion, or $0.82 per share, marking an increase from $1.001 billion, or $0.63 per share, in the first quarter of 2024. Total distributable earnings were $1.549 billion, or $0.98 per share, up from $1.216 billion, or $0.77 per share, in the previous year. Brookfield's asset management business generated $684 million in distributable earnings during the quarter, or $0.43 per share, reflecting strong fundraising momentum as the company raised $25 billion. The first quarter results underline the resilience and stable cash flow generated by Brookfield's businesses, supported by strong underlying fundamentals.