WallStSmart

Brookfield Asset Management Ltd. (BAM)vsBlackstone Secured Lending Fund (BXSL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Brookfield Asset Management Ltd. generates 266% more annual revenue ($5.07B vs $1.39B). BAM leads profitability with a 49.7% profit margin vs 31.7%. BXSL trades at a lower P/E of 12.5x. BAM earns a higher WallStSmart Score of 68/100 (B-).

BAM

Strong Buy

68

out of 100

Grade: B-

Growth: 6.7Profit: 9.5Value: 5.0Quality: 5.0
Piotroski: 2/9Altman Z: 1.97

BXSL

Buy

50

out of 100

Grade: C-

Growth: 4.7Profit: 7.5Value: 6.0Quality: 4.0
Piotroski: 3/9Altman Z: 0.56

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BAM5 strengths · Avg: 9.4/10
Return on EquityProfitability
32.9%10/10

Every $100 of equity generates 33 in profit

Profit MarginProfitability
49.7%10/10

Keeps 50 of every $100 in revenue as profit

Operating MarginProfitability
64.5%10/10

Strong operational efficiency at 64.5%

Market CapQuality
$76.95B9/10

Large-cap with strong market position

Revenue GrowthGrowth
23.8%8/10

Revenue surging 23.8% year-over-year

BXSL4 strengths · Avg: 9.5/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Profit MarginProfitability
31.7%10/10

Keeps 32 of every $100 in revenue as profit

Operating MarginProfitability
87.0%10/10

Strong operational efficiency at 87.0%

P/E RatioValuation
12.5x8/10

Attractively priced relative to earnings

Areas to Watch

BAM4 concerns · Avg: 3.8/10
P/E RatioValuation
30.9x4/10

Premium valuation, high expectations priced in

Price/BookValuation
9.9x4/10

Trading at 9.9x book value

Altman Z-ScoreHealth
1.974/10

Grey zone — moderate risk

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

BXSL4 concerns · Avg: 2.8/10
Return on EquityProfitability
7.2%3/10

ROE of 7.2% — below average capital efficiency

Debt/EquityHealth
1.323/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Revenue GrowthGrowth
-9.0%2/10

Revenue declined 9.0%

Comparative Analysis Report

WallStSmart Research

Bull Case : BAM

The strongest argument for BAM centers on Return on Equity, Profit Margin, Operating Margin. Profitability is solid with margins at 49.7% and operating margin at 64.5%. Revenue growth of 23.8% demonstrates continued momentum.

Bull Case : BXSL

The strongest argument for BXSL centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 31.7% and operating margin at 87.0%.

Bear Case : BAM

The primary concerns for BAM are P/E Ratio, Price/Book, Altman Z-Score.

Bear Case : BXSL

The primary concerns for BXSL are Return on Equity, Debt/Equity, Piotroski F-Score.

Key Dynamics to Monitor

BAM profiles as a growth stock while BXSL is a declining play — different risk/reward profiles.

BAM carries more volatility with a beta of 1.25 — expect wider price swings.

BAM is growing revenue faster at 23.8% — sustainability is the question.

BAM generates stronger free cash flow (339M), providing more financial flexibility.

Bottom Line

BAM scores higher overall (68/100 vs 50/100), backed by strong 49.7% margins and 23.8% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Brookfield Asset Management Ltd.

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Brookfield Asset Management is a leading global alternative asset manager and one of the largest investors in real assets.

Visit Website →

Blackstone Secured Lending Fund

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Blackstone Secured Lending Fund (BXSL) is a closed-end investment fund that specializes in originating and acquiring senior secured loans primarily for U.S. middle-market companies. Affiliated with the prestigious Blackstone Group, BXSL leverages extensive market insights and a vast network to deliver strong risk-adjusted returns while prioritizing capital preservation and reliable income. With a disciplined investment approach, rigorous underwriting standards, and a seasoned management team, BXSL offers institutional investors an attractive opportunity for portfolio diversification and consistent cash flow, positioning itself as a vital player in the private credit market.

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