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Brookfield Oaktree Holdings, LLC (OAK-PA) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 20, 2025

Brookfield Oaktree Holdings, LLC (OAK-PA) reported revenue of $228M for the fourth quarter 2024 (Q4 2024), -34% from a year earlier and +62% from the quarter before. Operating margin was 80.4%, net earnings $136M (59.5% of revenue).

Revenue$228M
Year over year-34%
Quarter over quarter+62%
Operating margin80.4%
Net earnings$136M

Brookfield Oaktree Holdings, LLC, Q4 2024: revenue $228M (-34% year over year), operating margin 80.4%, net earnings $136M, operating cash flow −$30.0M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$228M+62%-34%
Operating profit$183M+86%-19%
Net earnings$136M+211%-5%
Operating cash flow−$30.0M——

What changed

Revenue was $227.6M in Q4 2024, down 34% year over year and up 62% from the previous quarter.

Operating profit was $183.1M, a 80.4% margin (up 14.9 points year over year). Total costs fell 63% while revenue fell 34%. Net earnings were $135.5M, down 5% year over year. The effective tax rate was 0.0%.

Operating cash flow was −$30.0M. Working capital and other items used $246.2M.

Questions

What was Brookfield Oaktree Holdings, LLC's revenue in the fourth quarter 2024?

Brookfield Oaktree Holdings, LLC (OAK-PA) reported revenue of $228M for the fourth quarter 2024 (Q4 2024), -34% from a year earlier and +62% from the quarter before.

Was Brookfield Oaktree Holdings, LLC profitable in the fourth quarter 2024?

Operating profit was $183M (80.4% of revenue) and net earnings $136M.

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Source: Brookfield Oaktree Holdings, LLC 10-K on SEC EDGAR.