BROOKFIELD ASSET MANAGEMENT INC Q3 2026 Earnings Recap

Brookfield Asset Management rose 3.3% after reporting 15% year-over-year growth in both fee-related earnings and distributable earnings. Fundraising and fee-bearing capital also increased, supporting management’s outlook for continued growth.

Key Takeaways

• Fee-related earnings were $864 million, or $0.54 per share, up 15% from the third quarter of last year.
• Distributable earnings were $763 million, or $0.47 per share, also up 15% year over year.
• The company raised $123 billion in the first three quarters, including $25 billion in the third quarter; fee-bearing capital reached $682 billion, up 13% over 12 months.
• Infrastructure and private equity led quarterly fundraising, while management cited continued demand for credit strategies and transaction activity in energy and real estate.
• Management emphasized recurring, long-term fee earnings and diversification across five platforms and more than 60 strategies, while noting that carried-interest realizations are beginning earlier than projected.