AEG vs BNT: Aegon NV ADR and Brookfield Wealth Solutions compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Aegon NV ADR is the larger company, worth $12.6B, about 1.2 times Brookfield Wealth Solutions.
- Aegon NV ADR grew revenue faster over the last year (+1.1% vs -17.5%).
- On earnings, Brookfield Wealth Solutions is the cheaper stock (11.1x vs 11.9x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | AEG | BNT |
|---|---|---|
| Market cap | $12.6B | $10.2B |
| Share price | $8.24 | $37.06 |
| Revenue (last fiscal year) | — | $11.6B |
| Free cash flow (last fiscal year) | $380M | $2.5B |
| Revenue growth, last year | +1.1% | -17.5% |
| Revenue growth per year, last 5 fiscal years | — | +82.8% |
| Operating margin | — | 8.3% |
| Net margin | — | 7.4% |
| Return on equity | 10.4% | 5.5% |
| P/E (trailing) | 11.9x | 11.1x |
| Price / free cash flow | 14.8x | 3.96x |
| EV / EBITDA | — | 2.07x |
| FCF growth the price implies | — | -17.3% |
| Dividend yield | 4.9% | 0.65% |
| Debt / equity | 32.7x | 8.40x |
| Fundamental grade | C | C |
| Superinvestors holding it | 3 | 0 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Aegon NV ADR
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $21.1B | -$1.9B | 117.2% |
| 2022 | $21.3B | $2.6B | -164.7% |
| 2023 | — | $748M | — |
| 2024 | — | $696M | — |
| 2025 | — | $380M | — |
Brookfield Wealth Solutions
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.0B | $1.7B | -10.9% |
| 2022 | $4.4B | $620M | 14.4% |
| 2023 | $6.9B | $1.4B | 11.8% |
| 2024 | $14.1B | $4.5B | 8.6% |
| 2025 | $11.6B | $2.5B | 8.3% |
Where the revenue comes from
Aegon NV ADR
No segment breakdown reported.
Brookfield Wealth Solutions · by regions, 2025
The U.S.:$10.4B89%
Canada$552M5%
Bermuda$414M4%
Other$303M3%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open AEG in InvestinglyQuestions
Which is bigger, Aegon NV ADR or Brookfield Wealth Solutions?
Aegon NV ADR (AEG), at $12.6B against $10.2B.
Is AEG or BNT cheaper?
By trailing P/E, Brookfield Wealth Solutions (11.1x) is cheaper than Aegon NV ADR (11.9x). A lower multiple can also mean the market expects less growth.
Which grows faster, AEG or BNT?
Aegon NV ADR: revenue grew +1.1% over the last year, against -17.5%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.