showing the working

← Brookfield Oaktree Holdings LLC

The business behind the dividend

MeasureOAK-PAMedianFormula
Return on equity11.1%10.6%Net income ÷ shareholders’ equity
Return on capital employedOperating income ÷ (equity + total debt)
Owner earningsNet income + depreciation & amortisation − capital expenditure
Free cash flowOperating cash flow − capital expenditure
Operating margin77.0%14.3%Operating income ÷ revenue
Net margin36.7%10.1%Net income ÷ revenue
Debt to equityTotal debt ÷ shareholders’ equity
Interest coverOperating income ÷ interest expense
Current ratioCurrent assets ÷ current liabilities
Long-term debt to working capitalLong-term debt ÷ (current assets − current liabilities)
Cash conversionOperating cash flow ÷ net income
Accruals-3.3%-3.1%(Net income − operating cash flow) ÷ total assets

Not computed here: Cash conversion, Current ratio, Debt to equity, Free cash flow, Interest cover, Owner earnings, Return on capital employed — why a blank is not a zero.

Ten years of it

The same measures, for every year the filings support. One year is a fact; a row is a business.

Measure2025202420232022202120202019201820172016Median
Return on equity11.1%12.8%9.8%13.2%38.0%12.4%12.9%16.0%26.6%24.2%12.9%
Operating margin77.0%78.4%43.4%80.4%21.4%42.7%35.3%61.6%54.1%54.1%
Net margin36.7%39.5%32.1%18.5%43.4%38.6%16.7%16.1%15.8%17.3%18.5%

How it compares in financial services

Among the 7 financial services companies here measured on operating cash flow, Brookfield Oaktree Holdings LLC pays out less than 3 of them. The median for that group is 52.7%, against this company’s 52.7%.

Closest on operating cash flow

Same sector and same denominator, so the figures are comparable. All 67 in financial services →