WallStSmart

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

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Brookfield Asset Management Ltd. generates 321% more annual revenue ($5.74B vs $1.36B). BAM leads profitability with a 48.9% profit margin vs 21.5%. BXSL trades at a lower P/E of 19.6x. BAM earns a higher WallStSmart Score of 77/100 (B+).

BAM

Strong Buy

77

out of 100

Grade: B+

Growth: 8.7Profit: 8.0Value: 5.7Quality: 4.0
Piotroski: 2/9Altman Z: 1.97

BXSL

Hold

48

out of 100

Grade: D+

Growth: 4.7Profit: 7.0Value: 5.3Quality: 3.5
Piotroski: 3/9Altman Z: 0.56

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BAM5 strengths · Avg: 9.4/10
Profit MarginProfitability
48.9%10/10

Keeps 49 of every $100 in revenue as profit

Operating MarginProfitability
68.7%10/10

Strong operational efficiency at 68.7%

Revenue GrowthGrowth
60.8%10/10

Revenue surging 60.8% year-over-year

Market CapQuality
$75.49B9/10

Large-cap with strong market position

EPS GrowthGrowth
47.4%8/10

Earnings expanding 47.4% YoY

BXSL3 strengths · Avg: 9.7/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Operating MarginProfitability
87.1%10/10

Strong operational efficiency at 87.1%

Profit MarginProfitability
21.5%9/10

Keeps 22 of every $100 in revenue as profit

Areas to Watch

BAM4 concerns · Avg: 3.8/10
P/E RatioValuation
27.2x4/10

Moderate valuation

Price/BookValuation
9.8x4/10

Trading at 9.8x book value

Altman Z-ScoreHealth
1.974/10

Grey zone — moderate risk

Return on EquityProfitability
6.0%3/10

ROE of 6.0% — below average capital efficiency

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

ROE of 7.2% — below average capital efficiency

Debt/EquityHealth
1.273/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Revenue GrowthGrowth
-7.1%2/10

Revenue declined 7.1%

Comparative Analysis Report

WallStSmart Research

Bull Case : BAM

The strongest argument for BAM centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 48.9% and operating margin at 68.7%. Revenue growth of 60.8% demonstrates continued momentum.

Bull Case : BXSL

The strongest argument for BXSL centers on Price/Book, Operating Margin, Profit Margin. Profitability is solid with margins at 21.5% and operating margin at 87.1%.

Bear Case : BAM

The primary concerns for BAM are P/E Ratio, Price/Book, Altman Z-Score. Debt-to-equity of 5.69 is elevated, increasing financial risk.

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 1.26 — expect wider price swings.

BAM is growing revenue faster at 60.8% — sustainability is the question.

BXSL generates stronger free cash flow (561M), providing more financial flexibility.

Bottom Line

BAM scores higher overall (77/100 vs 48/100), backed by strong 48.9% margins and 60.8% revenue growth. Both earn "Strong Buy" and "Hold" 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 focused on originating and acquiring senior secured loans primarily for U.S. middle-market companies. Supported by its affiliation with the esteemed Blackstone Group, BXSL utilizes its extensive market insights and robust network to provide strong risk-adjusted returns while emphasizing capital preservation. With a disciplined investment approach and a seasoned management team, BXSL presents institutional investors with an appealing opportunity for portfolio diversification and reliable income generation, positioning itself as a significant entity within the private credit sector.

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