Brookfield Business Partners L.P. (BBU) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Brookfield Business Partners L.P. (BBU) stock price & volume — 10-year historical chart
Brookfield Business Partners L.P. (BBU) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Brookfield Business Partners L.P. (BBU) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Jan 30, 2026 | $0.48vs $1.38-134.8% | $7.0Bvs $3.5B+102.3% |
| Q4 2025 | Nov 6, 2025 | $0.28vs $1.00-128.0% | $6.9Bvs $5.6B+22.5% |
| Q3 2025 | Aug 1, 2025 | $0.12vs $1.26-90.5% | $6.8Bvs $3.1B+116.4% |
| Q2 2025 | May 2, 2025 | $0.38vs $1.28-70.3% | $6.7Bvs $2.8B+137.1% |
Brookfield Business Partners L.P. (BBU) competitors in Multi-Industry Holding Companies — business model, growth, and fundamentals comparison
Brookfield Business Partners L.P. (BBU) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Brookfield Business Partners L.P. (BBU) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 22.82B | 37.17B | 43.03B | 37.63B | 46.59B | 57.38B | 53.05B | 40.62B | 27.94B |
Revenue Growth % | 186.72% | 62.85% | 15.78% | -12.54% | 23.79% | 23.18% | -7.55% | -23.44% | -31.22% |
Cost of Goods Sold | 21.88B | 34.13B | 40.13B | 34.63B | 43.15B | 53.11B | 50.94B | 34.88B | 22.54B |
COGS % of Revenue | 95.85% | 91.84% | 93.26% | 92.02% | 92.62% | 92.55% | 96.01% | 85.88% | 80.68% |
Gross Profit | 947M▲ 0% | 3.03B▲ 220.4% | 2.9B▼ 4.4% | 3B▲ 3.6% | 3.44B▲ 14.3% | 4.28B▲ 24.4% | 2.12B▼ 50.5% | 5.74B▲ 171.1% | 5.4B▼ 5.9% |
Gross Margin % | 4.15% | 8.16% | 6.74% | 7.98% | 7.38% | 7.45% | 3.99% | 14.12% | 19.32% |
Gross Profit Growth % | 64.98% | 220.38% | -4.38% | 3.58% | 14.34% | 24.42% | -50.5% | 171.11% | -5.89% |
Operating Expenses | 711M | 1.39B | 832M | 968M | 1.01B | 1.36B | 1.57B | 1.27B | 1.17B |
OpEx % of Revenue | 3.12% | 3.74% | 1.93% | 2.57% | 2.17% | 2.37% | 2.95% | 3.12% | 4.19% |
Selling, General & Admin | 340M | 643M | 832M | 968M | 1.01B | 1.36B | 1.57B | 1.27B | 1.17B |
SG&A % of Revenue | 1.49% | 1.73% | 1.93% | 2.57% | 2.17% | 2.37% | 2.95% | 3.12% | 4.19% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | -108M | -136M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Operating Income | 152M▲ 0% | 172M▲ 13.2% | 2.07B▲ 1102.9% | 2.04B▼ 1.5% | 2.42B▲ 19.0% | 2.92B▲ 20.3% | 549.9M▼ 81.1% | 4.47B▲ 712.9% | 4.23B▼ 5.4% |
Operating Margin % | 0.67% | 0.46% | 4.81% | 5.41% | 5.2% | 5.08% | 1.04% | 11% | 15.13% |
Operating Income Growth % | 97.4% | 13.16% | 1102.91% | -1.55% | 19% | 20.26% | -81.14% | 712.87% | -5.42% |
EBITDA | 536.34M | 881.85M | 3.87B | 4.2B | 4.71B | 6.14B | 3.33B | 7.67B | 7.31B |
EBITDA Margin % | 2.35% | 2.37% | 9% | 11.17% | 10.1% | 10.7% | 6.28% | 18.89% | 26.17% |
EBITDA Growth % | 49.17% | 64.42% | 339.19% | 8.49% | 12.02% | 30.4% | -45.7% | 130.25% | -4.73% |
D&A (Non-Cash Add-back) | 384.34M | 709.85M | 1.8B | 2.17B | 2.28B | 3.22B | 2.78B | 3.2B | 3.08B |
EBIT | 236M | 1.7B | 2.07B | 2.04B | 2.42B | 2.92B | 3.51B | 4.47B | 3.64B |
Net Interest Income | -202M | 0 | -1.3B | -1.56B | 0 | 0 | -3.6B | -2.95B | -3.19B |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 65.95M | 0 | 0 |
Interest Expense | 202M | 0 | 1.3B | 1.56B | 0 | 0 | 3.66B | 2.95B | 3.19B |
Other Income/Expense | -13M | -342M | -1.44B | -1.3B | -106M | -2.99B | 3.17B | -3.88B | -3.74B |
Pretax Income | 223M▲ 0% | 1.3B▲ 483.4% | 626M▼ 51.9% | 734M▲ 17.3% | 2.32B▲ 215.8% | -79M▼ 103.4% | 3.72B▲ 4811.4% | 594M▼ 84.0% | 488.4M▼ 17.8% |
Pretax Margin % | 0.98% | 3.5% | 1.45% | 1.95% | 4.98% | -0.14% | 7.02% | 1.46% | 1.75% |
Income Tax | 8M | 98M | 192M | 154M | 165M | -319M | -55M | -301M | 94.63M |
Effective Tax Rate % | 3.59% | 7.53% | 30.67% | 20.98% | 7.12% | 403.8% | -1.48% | -50.67% | 19.37% |
Net Income | -58M▲ 0% | 74M▲ 227.6% | 43M▼ 41.9% | -91M▼ 311.6% | 258M▲ 383.5% | 63M▼ 75.6% | 482M▲ 665.1% | 15M▼ 96.9% | -26.46M▼ 276.4% |
Net Margin % | -0.25% | 0.2% | 0.1% | -0.24% | 0.55% | 0.11% | 0.91% | 0.04% | -0.09% |
Net Income Growth % | -2033.33% | 227.59% | -41.89% | -311.63% | 383.52% | -75.58% | 665.08% | -96.89% | -276.37% |
Net Income (Continuing) | 215M | 1.2B | 434M | 580M | 2.15B | 240M | 3.78B | 895M | 393.77M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 4.48B | 4.95B | 8.94B | 9.41B | 10.73B | 17.01B | 16.54B | 15.56B | 12.99B |
EPS (Diluted) | -1.04▲ 0% | 0.57▲ 154.8% | 5.90▲ 935.1% | 7.23▲ 22.5% | 27.50▲ 280.4% | 4.71▼ 82.9% | 6.47▲ 37.4% | -0.50▼ 107.7% | -0.31▲ 38.0% |
EPS Growth % | -1833.33% | 154.81% | 935.09% | 22.54% | 280.36% | -82.87% | 37.37% | -107.73% | 38% |
EPS (Basic) | -1.05 | 0.57 | 5.90 | 7.23 | 27.50 | 4.71 | 6.47 | -0.50 | -0.31 |
Diluted Shares Outstanding | 55.77M | 129.3M | 73.6M | 80.2M | 78.3M | 75.3M | 74.5M | 74.3M | 86.5M |
Basic Shares Outstanding | 55.5M | 129.28M | 73.6M | 80.2M | 78.3M | 75.3M | 74.5M | 74.3M | 86.5M |
Dividend Payout Ratio | - | 43.24% | 83.29% | - | 14.34% | 79.37% | 4.36% | 342.72% | - |
Brookfield Business Partners L.P. (BBU) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 7.84B | 10.25B | 12.79B | 14.49B | 15.4B | 18.29B | 14.81B | 15.34B | 28.3B |
Cash & Short-Term Investments | 1.89B | 1.95B | 3.07B | 5.12B | 4.39B | 4.44B | 4.04B | 4.03B | 16B |
Cash Only | 1.11B | 1.95B | 2.16B | 3.58B | 2.81B | 3.08B | 3.42B | 3.24B | 3.54B |
Short-Term Investments | 784M | 0 | 910M | 1.55B | 1.58B | 1.36B | 614.84M | 791M | 12.46B |
Accounts Receivable | 3.46B | 4.33B | 4.87B | 4.5B | 5.15B | 6.65B | 5.77B | 4.01B | 7.71B |
Days Sales Outstanding | 55.41 | 42.51 | 41.34 | 43.65 | 40.34 | 42.33 | 39.71 | 36.01 | 100.74 |
Inventory | 1.58B | 3.14B | 4B | 4.18B | 4.98B | 5.65B | 3.85B | 2.42B | 4.59B |
Days Inventory Outstanding | 26.31 | 33.56 | 36.34 | 44.1 | 42.15 | 38.85 | 27.55 | 25.28 | 74.26 |
Other Current Assets | 168M | 684M | 858M | 685M | 879.81M | 1.54B | 1.15B | 4.13B | -1K |
Total Non-Current Assets | 7.96B | 17.07B | 38.96B | 40.25B | 48.73B | 70.92B | 67.15B | 60.13B | 47.33B |
Property, Plant & Equipment | 2.53B | 6.95B | 13.89B | 13.98B | 15.3B | 15.89B | 15.64B | 13.23B | 10.99B |
Fixed Asset Turnover | 9.02x | 5.35x | 3.10x | 2.69x | 3.04x | 3.61x | 3.39x | 3.07x | 2.54x |
Goodwill | 1.55B | 2.41B | 5.22B | 5.24B | 8.57B | 15.47B | 14.06B | 12.24B | 13.29B |
Intangible Assets | 3.09B | 5.52B | 11.56B | 11.26B | 14.79B | 23.94B | 20.74B | 18.32B | 18.48B |
Long-Term Investments | 609M | 1.91B | 7.19B | 8.59B | 8.7B | 13.86B | 15.12B | 7.03B | 2.49B |
Other Non-Current Assets | 0 | 0 | 429M | 411M | 487.34M | 514.77M | 383.03M | 9.32B | 0 |
Total Assets | 15.8B▲ 0% | 27.32B▲ 72.9% | 51.75B▲ 89.4% | 54.75B▲ 5.8% | 64.13B▲ 17.1% | 89.21B▲ 39.1% | 81.96B▼ 8.1% | 75.47B▼ 7.9% | 75.62B▲ 0.2% |
Asset Turnover | 1.44x | 1.36x | 0.83x | 0.69x | 0.73x | 0.64x | 0.65x | 0.54x | 0.37x |
Asset Growth % | 92.9% | 72.86% | 89.44% | 5.79% | 17.14% | 39.1% | -8.12% | -7.92% | 0.2% |
Total Current Liabilities | 5.64B | 9.09B | 11.02B | 12.13B | 13.89B | 16.67B | 14.28B | 12.17B | 15.48B |
Accounts Payable | 1.45B | 1.82B | 2.92B | 2.97B | 3.66B | 4.1B | 4.21B | 3.25B | 14.16B |
Days Payables Outstanding | 24.21 | 19.45 | 26.55 | 31.31 | 30.96 | 28.16 | 30.18 | 34.01 | 229.35 |
Short-Term Debt | 825M | 1.82B | 2.34B | 2.4B | 3.16B | 4.8B | 3.63B | 1.64B | 1.32B |
Deferred Revenue (Current) | 341M | 1.64B | 482M | 533M | 619.16M | 585.73M | 0 | 0 | 0 |
Other Current Liabilities | 422M | 2.06B | 5.27B | 6.21B | 6.43B | 7.17B | 6.44B | 3.3B | 0 |
Current Ratio | 1.39x | 1.13x | 1.16x | 1.19x | 1.11x | 1.10x | 1.04x | 1.26x | 1.83x |
Quick Ratio | 1.11x | 0.78x | 0.80x | 0.85x | 0.75x | 0.76x | 0.77x | 1.06x | 1.53x |
Cash Conversion Cycle | 57.52 | 56.62 | 51.13 | 56.44 | 51.53 | 53.02 | 37.07 | 27.28 | -54.34 |
Total Non-Current Liabilities | 4.1B | 20.82B | 29.67B | 31.28B | 37.26B | 54.12B | 49.24B | 46B | 44.86B |
Long-Term Debt | 2.44B | 9.05B | 21.26B | 22.06B | 26.98B | 42.92B | 39.29B | 37.25B | 42.35B |
Capital Lease Obligations | 0 | 0 | 2.76B | 2.93B | 2.95B | 2.87B | 2.37B | 729M | 0 |
Deferred Tax Liabilities | 837M | 867M | 1.8B | 1.7B | 2.5B | 3.7B | 3.21B | 0 | 2.51B |
Other Non-Current Liabilities | 773M | 1.89B | 2.71B | 3.23B | 3.21B | 4.64B | 4.37B | 8.03B | 0 |
Total Liabilities | 9.74B | 20.82B | 40.7B | 43.41B | 51.15B | 70.79B | 63.53B | 58.17B | 60.34B |
Total Debt | 3.27B | 10.87B | 26.36B | 27.39B | 33.1B | 50.59B | 45.29B | 39.81B | 43.67B |
Net Debt | 2.16B | 8.92B | 24.2B | 23.81B | 30.29B | 47.5B | 41.87B | 36.57B | 40.13B |
Debt / Equity | 0.54x | 0.95x | 2.38x | 2.42x | 2.55x | 2.75x | 2.46x | 2.30x | 2.86x |
Debt / EBITDA | 6.09x | 12.32x | 6.81x | 6.52x | 7.03x | 8.24x | 13.59x | 5.19x | 5.97x |
Net Debt / EBITDA | 4.03x | 10.11x | 6.25x | 5.67x | 6.43x | 7.74x | 12.56x | 4.77x | 5.49x |
Interest Coverage | 1.17x | - | 1.59x | 1.31x | - | - | 0.96x | 1.51x | 1.14x |
Total Equity | 6.06B▲ 0% | 11.44B▲ 88.7% | 11.05B▼ 3.4% | 11.34B▲ 2.6% | 12.98B▲ 14.5% | 18.42B▲ 41.9% | 18.44B▲ 0.1% | 17.31B▼ 6.1% | 15.28B▼ 11.7% |
Equity Growth % | 50.17% | 88.65% | -3.38% | 2.57% | 14.51% | 41.89% | 0.09% | -6.12% | -11.7% |
Book Value per Share | 108.73 | 88.48 | 150.18 | 141.36 | 165.80 | 244.63 | 247.48 | 232.95 | 176.68 |
Total Shareholders' Equity | 1.58B | 6.49B | 2.12B | 1.93B | 2.25B | 1.41B | 1.9B | 1.75B | 2.29B |
Common Stock | 1.77B | 1.77B | 2.33B | 2.27B | 2.19B | 2.11B | 2.1B | 2.11B | 2.29B |
Retained Earnings | -69M | -237M | -217M | -235M | 62.91M | 96.96M | 546.19M | 491M | 0 |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -112M | 19M | 2M | -112M | -3M | -802.64M | -745.17M | -848M | 0 |
Minority Interest | 4.48B | 4.95B | 8.94B | 9.41B | 10.73B | 17.01B | 16.54B | 15.56B | 12.99B |
Brookfield Business Partners L.P. (BBU) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 290M | 1.34B | 2.21B | 4.21B | 1.69B | 1.01B | 2.13B | 3.12B | 3.23B |
Operating CF Margin % | 1.27% | 3.61% | 5.14% | 11.17% | 3.63% | 1.76% | 4.01% | 7.69% | 11.56% |
Operating CF Growth % | 26.64% | 362.41% | 65.05% | 89.99% | -59.74% | -40.28% | 110.68% | 46.64% | 3.41% |
Net Income | 215M | 1.2B | 44M | 580M | 2.15B | 240M | 3.78B | -35.22M | 387M |
Depreciation & Amortization | 371M | 748M | 1.85B | 2.17B | 2.28B | 3.22B | 3.59B | 3.05B | 3.03B |
Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes | -22M | -88M | -135.07M | -130M | -371M | -777M | -830M | -901.53M | -490M |
Other Non-Cash Items | -267M | -500M | 339.72M | 254M | -1.23B | 416M | -4.63B | 1.48B | 289M |
Working Capital Changes | -91M | -269M | 118.7M | 1.34B | -1.14B | -2.09B | 216M | -471.23M | 14M |
Change in Receivables | -520M | -10.44M | -71.63M | 546M | -684M | -1.06B | -1.4B | -1.49B | -852M |
Change in Inventory | -259M | 145.2M | 79.81M | 453M | -494M | -629M | 877M | -6.66M | -38M |
Change in Payables | 503M | -305.58M | 121.77M | 284M | 27M | -212M | 1.5B | 1.01B | 1.13B |
Cash from Investing | -1.59B | -4B | -18.36B | -2.33B | -8.93B | -18.72B | 2.54B | -2.22B | -3.18B |
Capital Expenditures | -240M | -545M | -1.23B | -1.41B | -1.45B | -1.75B | -2.29B | -2.4B | -2.06B |
CapEx % of Revenue | 1.05% | 1.47% | 2.87% | 3.73% | 3.11% | 3.05% | 4.31% | 5.91% | 7.37% |
Acquisitions | -1.43B | -3.06B | -17.44B | 192M | -8.27B | -17.28B | 3.63B | 370.32M | -1.38B |
Investments | - | - | - | - | - | - | - | - | - |
Other Investing | 109M | 63M | 104.37M | -644M | 700M | 257M | 119M | -127.57M | 219M |
Cash from Financing | 1.71B | 3.56B | 16.3B | -1.08B | 7.06B | 18.07B | -4.37B | -480.75M | 72M |
Debt Issued (Net) | 709M | 4.52B | 11.97B | -851M | 6.82B | 13.59B | -1.14B | 448.39M | 3.68B |
Equity Issued (Net) | 621M | 0 | 5.08B | -56M | -83M | -78M | -5M | 107.57M | 0 |
Dividends Paid | -15M | -32M | -35.81M | -37M | -37M | -59M | -21M | -51.41M | -105M |
Share Repurchases | 0 | 0 | 0 | -56M | -83M | -78M | -5M | -49.5M | 0 |
Other Financing | 398M | -943M | -721.39M | -133M | 368M | 4.62B | -3.21B | -985.31M | -3.5B |
Net Change in Cash | 56M▲ 0% | 843M▲ 1405.4% | -167M▼ 119.8% | 757M▲ 553.3% | -155M▼ 120.5% | 282M▲ 281.9% | 382M▲ 35.5% | -21.42M▼ 105.6% | 307M▲ 1533.3% |
Free Cash Flow | 50M▲ 0% | 796M▲ 1492.0% | 980.27M▲ 23.1% | 2.8B▲ 185.6% | 243M▼ 91.3% | -737M▼ 403.3% | -158M▲ 78.6% | 724.46M▲ 558.5% | 1.17B▲ 61.5% |
FCF Margin % | 0.22% | 2.14% | 2.28% | 7.44% | 0.52% | -1.28% | -0.3% | 1.78% | 4.19% |
FCF Growth % | -41.18% | 1492% | 23.15% | 185.63% | -91.32% | -403.29% | 78.56% | 558.52% | 61.5% |
FCF per Share | 0.90 | 6.16 | 13.32 | 34.91 | 3.10 | -9.79 | -2.12 | 9.75 | 13.53 |
FCF Conversion (FCF/Net Income) | -5.00x | 18.12x | 51.47x | -46.21x | 6.56x | 16.05x | 4.42x | 208.23x | -122.09x |
Interest Paid | 0 | 0 | 0 | 0 | 1.22B | 2.04B | 3.16B | 0 | 2.7B |
Taxes Paid | 0 | 0 | 0 | 0 | 448M | 285M | 534M | 0 | 537M |
Brookfield Business Partners L.P. (BBU) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 0.08% | -1.15% | 0.85% | 0.38% | -0.81% | 2.12% | 0.4% | 2.62% | 0.08% | -0.16% |
Return on Invested Capital (ROIC) | 1.24% | 1.79% | 0.9% | 5.58% | 4.34% | 4.64% | 4% | 0.65% | 5.87% | 5.8% |
Gross Margin | 7.21% | 4.15% | 8.16% | 6.74% | 7.98% | 7.38% | 7.45% | 3.99% | 14.12% | 19.32% |
Net Margin | 0.04% | -0.25% | 0.2% | 0.1% | -0.24% | 0.55% | 0.11% | 0.91% | 0.04% | -0.09% |
Debt / Equity | 0.38x | 0.54x | 0.95x | 2.38x | 2.42x | 2.55x | 2.75x | 2.46x | 2.30x | 2.86x |
Interest Coverage | -2.15x | 1.17x | - | 1.59x | 1.31x | - | - | 0.96x | 1.51x | 1.14x |
FCF Conversion | 76.33x | -5.00x | 18.12x | 51.47x | -46.21x | 6.56x | 16.05x | 4.42x | 208.23x | -122.09x |
Revenue Growth | 17.87% | 186.72% | 62.85% | 15.78% | -12.54% | 23.79% | 23.18% | -7.55% | -23.44% | -31.22% |
Brookfield Business Partners L.P. (BBU) stock FAQ — growth, dividends, profitability & financials explained
Brookfield Business Partners L.P. (BBU) reported $27.57B in revenue for fiscal year 2025. This represents a 464% increase from $4.88B in 2013.
Brookfield Business Partners L.P. (BBU) saw revenue decline by 31.2% over the past year.
Brookfield Business Partners L.P. (BBU) reported a net loss of $13.6M for fiscal year 2025.
Yes, Brookfield Business Partners L.P. (BBU) pays a dividend with a yield of 2.20%. This makes it attractive for income-focused investors.
Brookfield Business Partners L.P. (BBU) has a return on equity (ROE) of -0.2%. Negative ROE indicates the company is unprofitable.
Brookfield Business Partners L.P. (BBU) generated $1.16B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.