Brookfield earnings: guidance and next results
Brookfield's next results are expected on November 10, 2026. Watch whether fundraising becomes fee-producing deployment and mature investments return cash.
What has Brookfield guided for earnings and returns?
On September 17, 2026, Brookfield presented an illustrative five-year plan with a plan value of $140 per share in 2031. Plan value is management’s estimate of what its businesses and investments might be worth if its assumptions work. It is like valuing a house after planned renovations: the result depends on future profits, sale prices and what buyers will pay. It is not cash, reported book value or a promise that the market will pay that price.
| Period it covers | Low | High | Date given | |
|---|---|---|---|---|
| Deliver 15%+ compound returns to shareholders | Long term | 15.0% | Sep 17, 2026 | |
| DE before realizations and capital allocation, per share (US$) | 2031 | 4.90 | 4.90 | Sep 17, 2026 |
| Distributable Earnings Before Realizations, CAGR | 2026–2031 | 17.0% | 17.0% | Sep 17, 2026 |
| Plan Value Per Share (US$) | 2031 | 140.00 | 140.00 | Sep 17, 2026 |
| Plan Value Per Share, CAGR | 2026–2031 | 16.0% | 16.0% | Sep 17, 2026 |
Has Brookfield kept its past promises?
Brookfield also has a measurable promise to assess. At its September 2026 investor day, it compared a US$5.6 billion target for distributable earnings before realizations with US$5.7 billion achieved for the 2021–2026 comparison. This measure excludes certain investment realizations, so it tests recurring earnings more directly. Distributable earnings per share rose from US$1.29 to US$2.54 over the comparison period.
What is Brookfield's revenue and profit trend?
Revenue and operating earnings both increased, with operating earnings growing faster. Shareholder net income and diluted EPS also rose, but the result included acquisitions, changes in ownership and unusual items. Just Group, a British retirement insurer, contributed its first full quarter after Brookfield acquired it, helping Wealth Solutions DE reach US$480 million.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19,406 | 18,580 | 20,156 | 18,917 | 18,083 | 17,944 | 19,426 | 20,623 |
| Operating earnings (company's measure) | 1,427 | 1,393 | 1,499 | 1,333 | 1,253 | 1,301 | 1,498 | 1,259 |
| Net income | 364 | 102 | 743 | 219 | 272 | 73 | 432 | 64 |
| EPS, diluted | 0.14 | 0.03 | 0.30 | 0.08 | 0.10 | 0.01 | 0.17 | 0.01 |
| Book value per share | 19.03 | 19.11 | 19.51 | 18.95 | 18.94 | 18.29 | 18.53 | 18.72 |
What should you watch in Brookfield's next results?
Brookfield has scheduled its Q3 2026 call for November 12, 2026. The first test is whether fundraising becomes fee-producing deployment and whether mature investments return cash. Brookfield Asset Management reported $68 billion of uncalled commitments that would generate approximately $680 million of annual fees once deployed. The condition matters: commitments prepare future earnings, but delayed deployment delays fees and later exits.