Brookfield Corporation (BN) Margin Analysis

Brookfield Corporation

BN (NYSE)

(%)

Models
Brookfield Corporation Margin Analysis

# --- Years and Quarters
assumptions.set({
    "timeseries": "annual",
    "data": {
        "#years": """
            4
        """,
        "#quarters": """
            8
        """,
    },
    "titles": {
        "#years": "Years",
        "#quarters": "Quarters",
    },
    "properties": {
        "width": "responsive",
        "title": "Years and Quarters",
        "id": "component-1",
        "bindTo": None
    },
    "descriptions": {
        "#years": r"""
The number of historical years used to render the annual chart and tables.
        """,
        "#quarters": r"""
The number of historical quarters used to render the quarterly chart and tables.
        """,
    }
})

# Render description block
model.render_description({
    "data": r"""
## Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.
""",
    "properties": {
        "width": "responsive"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Annual Section

The annual section uses annual data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

# --- Income Statement Margins
data.compute({
    "user:%revenueGrowthRate": """
        ( income:revenue / income:revenue:-1 ) - 1
    """,
    "user:%grossMargin": """
        income:grossProfit / income:revenue
    """,
    "user:%operatingMargin": """
        income:operatingIncome / income:revenue
    """,
    "user:%netMargin": """
        income:netIncome / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

# --- Cash Flow Statement Margins
data.compute({
    "user:%cashFromOperatingActivitiesMargin": """
        flow:netCashProvidedByOperatingActivities / income:revenue
    """,
    "user:%freeCashFlowMargin": """
        flow:freeCashFlow / income:revenue
    """,
    "user:%depreciationAndAmortizationMargin": """
        flow:depreciationAndAmortization / income:revenue
    """,
    "user:%capitalExpenditureMargin": """
        flow:capitalExpenditure / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "annual",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Annual Chart",
        "include_ltm": False,
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "quarterly",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Quarterly Chart",
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

Years and Quarters

Years Years The number of historical years used to render the annual chart and tables.	#
Quarters Quarters The number of historical quarters used to render the quarterly chart and tables.	#

Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.

Annual Section

The annual section uses annual data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	LTM Mar 09	2025 Dec 31	2024 Dec 31	2023 Dec 31	2022 Dec 31
Revenue	76,128	76,128	86,006	95,924	92,769
Revenue Growth Rate	0%	-11.49%	-10.34%	3.4%	22.5%
Cost of Revenue	46,594	46,594	67,936	81,409	78,511
Gross Profit	29,534	29,534	18,070	14,515	14,258
Gross Margin	38.8%	38.8%	21.01%	15.13%	15.37%
Operating Income	21,776	21,776	17,994	14,446	14,136
Operating Margin	28.6%	28.6%	20.92%	15.06%	15.24%
Net Income	1,307	1,307	641	1,130	2,056
Net Margin	1.72%	1.72%	0.745%	1.18%	2.22%

Cash Flow Statement Margins

Monetary values in USD amounts except #	LTM Mar 09	2025 Dec 31	2024 Dec 31	2023 Dec 31	2022 Dec 31
Revenue	76,128	76,128	86,006	95,924	92,769
Cash from Operating Activities	6,729	0	7,206	6,586	8,404
Cash from Operating Activities Margin	8.84%	0%	8.38%	6.87%	9.06%
Free Cash Flow	-2,787	0	-3,430	-1,631	1,455
Free Cash Flow Margin	-3.66%	0%	-3.99%	-1.7%	1.57%
Depreciation and Amortization	7,673	0	9,269	9,241	7,379
Depreciation and Amortization Margin	10.08%	0%	10.78%	9.63%	7.95%
Capital Expenditure	-9,516	0	-10,636	-8,217	-6,949
Capital Expenditure Margin	-12.5%	0%	-12.37%	-8.57%	-7.49%

Annual Chart

Monetary values in USD

{"sectionId": "section-chart-1", "sectionType": "chart", "title": "Annual Chart", "timeseries": "annual", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2022", "x": "2022-12-31", "y": 15.37}, {"l": "2023", "x": "2023-12-31", "y": 15.13}, {"l": "2024", "x": "2024-12-31", "y": 21.01}, {"l": "2025", "x": "2025-12-31", "y": 38.8}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2022", "x": "2022-12-31", "y": 15.24}, {"l": "2023", "x": "2023-12-31", "y": 15.06}, {"l": "2024", "x": "2024-12-31", "y": 20.92}, {"l": "2025", "x": "2025-12-31", "y": 28.6}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2022", "x": "2022-12-31", "y": 2.22}, {"l": "2023", "x": "2023-12-31", "y": 1.18}, {"l": "2024", "x": "2024-12-31", "y": 0.745}, {"l": "2025", "x": "2025-12-31", "y": 1.72}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2022", "x": "2022-12-31", "y": 1.57}, {"l": "2023", "x": "2023-12-31", "y": -1.7}, {"l": "2024", "x": "2024-12-31", "y": -3.99}, {"l": "2025", "x": "2025-12-31", "y": 0}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}

Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	2025 (Q4) Dec 31	2025 (Q3) Sep 30	2025 (Q2) Jun 30	2025 (Q1) Mar 31	2024 (Q4) Dec 31	2024 (Q3) Sep 30
Revenue	21,184	18,917	18,083	17,944	19,426	20,623
Revenue Growth Rate	11.98%	4.61%	0.775%	-7.63%	-5.8%
Cost of Revenue	12,277	11,941	11,381	10,995	14,394	15,344
Gross Profit	8,907	6,976	6,702	6,949	5,032	5,279
Gross Margin	42.05%	36.88%	37.06%	38.73%	25.9%	25.6%
Operating Income	8,885	4,267	4,148	4,476	5,012	5,259
Operating Margin	41.94%	22.56%	22.94%	24.94%	25.8%	25.5%
Net Income	743	219	272	73	432	64
Net Margin	3.51%	1.16%	1.5%	0.407%	2.22%	0.31%

Cash Flow Statement Margins

Monetary values in USD amounts except #	2025 (Q4) Dec 31	2025 (Q3) Sep 30	2025 (Q2) Jun 30	2025 (Q1) Mar 31	2024 (Q4) Dec 31	2024 (Q3) Sep 30
Revenue	21,184	18,917	18,083	17,944	19,426	20,623
Cash from Operating Activities	0	2,991	2,050	1,689	3,048	3,402
Cash from Operating Activities Margin	0%	15.81%	11.33%	9.41%	15.69%	16.5%
Free Cash Flow	0	-919.1	-750	-1,118	-24.52	665.5
Free Cash Flow Margin	0%	-4.86%	-4.15%	-6.23%	-0.126%	3.23%
Depreciation and Amortization	0	2,691	2,534	2,448	2,349	2,429
Depreciation and Amortization Margin	0%	14.23%	14.01%	13.64%	12.09%	11.78%
Capital Expenditure	0	-3,910	-2,799	-2,806	-3,072	-2,737
Capital Expenditure Margin	0%	-20.67%	-15.48%	-15.64%	-15.81%	-13.27%

Quarterly Chart

Monetary values in USD

{"sectionId": "section-chart-2", "sectionType": "chart", "title": "Quarterly Chart", "timeseries": "quarterly", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2024 (Q3)", "x": "2024-09-30", "y": 25.6}, {"l": "2024 (Q4)", "x": "2024-12-31", "y": 25.9}, {"l": "2025 (Q1)", "x": "2025-03-31", "y": 38.73}, {"l": "2025 (Q2)", "x": "2025-06-30", "y": 37.06}, {"l": "2025 (Q3)", "x": "2025-09-30", "y": 36.88}, {"l": "2025 (Q4)", "x": "2025-12-31", "y": 42.05}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2024 (Q3)", "x": "2024-09-30", "y": 25.5}, {"l": "2024 (Q4)", "x": "2024-12-31", "y": 25.8}, {"l": "2025 (Q1)", "x": "2025-03-31", "y": 24.94}, {"l": "2025 (Q2)", "x": "2025-06-30", "y": 22.94}, {"l": "2025 (Q3)", "x": "2025-09-30", "y": 22.56}, {"l": "2025 (Q4)", "x": "2025-12-31", "y": 41.94}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2024 (Q3)", "x": "2024-09-30", "y": 0.31}, {"l": "2024 (Q4)", "x": "2024-12-31", "y": 2.22}, {"l": "2025 (Q1)", "x": "2025-03-31", "y": 0.407}, {"l": "2025 (Q2)", "x": "2025-06-30", "y": 1.5}, {"l": "2025 (Q3)", "x": "2025-09-30", "y": 1.16}, {"l": "2025 (Q4)", "x": "2025-12-31", "y": 3.51}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2024 (Q3)", "x": "2024-09-30", "y": 3.23}, {"l": "2024 (Q4)", "x": "2024-12-31", "y": -0.126}, {"l": "2025 (Q1)", "x": "2025-03-31", "y": -6.23}, {"l": "2025 (Q2)", "x": "2025-06-30", "y": -4.15}, {"l": "2025 (Q3)", "x": "2025-09-30", "y": -4.86}, {"l": "2025 (Q4)", "x": "2025-12-31", "y": 0}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}