Brookfield Business Partners L.P. (BBU) Financial Ratios
13 years of historical data (2013–2025) · Industrials · Conglomerates
EV/EBITDA
↓
5.13
↓-34% vs avg
5yr avg: 7.76
30Y Low3.5·High13.0
P/FCF
↓
3.85
↓-20% vs avg
5yr avg: 4.84
30Y Low0.7·High24.7
P/B Ratio
↑
0.14
+7% vs avg
5yr avg: 0.13
30Y Low0.1·High0.2
ROE
↓
-0.2%
↑-116% vs avg
5yr avg: 1.0%
30Y Low-1%·High8%
Debt/EBITDA
↓
5.97
↓-25% vs avg
5yr avg: 8.00
30Y Low1.9·High13.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BBU Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Brookfield Business Partners L.P. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 3.9x P/FCF, 20% below the 5-year average of 4.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.8B | $3.0B | $1.7B | $1.5B | $1.3B | $2.3B | $1.9B | $2.0B | $2.5B | $1.2B | $772M |
| Enterprise Value | $39.4B | $43.2B | $38.3B | $43.4B | $48.8B | $32.6B | $25.7B | $26.1B | $11.4B | $3.4B | $1.3B |
| P/E Ratio → | -62.92 | — | — | 3.18 | 3.60 | 1.07 | 3.33 | 4.49 | 34.23 | — | 257.33 |
| P/S Ratio | 0.07 | 0.11 | 0.04 | 0.03 | 0.02 | 0.05 | 0.05 | 0.05 | 0.07 | 0.05 | 0.10 |
| P/B Ratio | 0.14 | 0.20 | 0.10 | 0.08 | 0.07 | 0.18 | 0.17 | 0.18 | 0.22 | 0.20 | 0.19 |
| P/FCF | 3.85 | 2.60 | 2.40 | — | — | 9.52 | 0.69 | 1.99 | 3.17 | 24.72 | 9.08 |
| P/OCF | 0.89 | 0.94 | 0.56 | 0.72 | 1.26 | 1.37 | 0.46 | 0.88 | 1.88 | 4.26 | 3.37 |
P/E links to full P/E history page with 30-year chart
BBU EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Brookfield Business Partners L.P.'s enterprise value stands at 5.1x EBITDA, 34% below its 5-year average of 7.8x. The Industrials sector median is 13.9x, placing the stock at a 63% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.55 | 0.94 | 0.82 | 0.85 | 0.70 | 0.68 | 0.61 | 0.31 | 0.15 | 0.16 |
| EV / EBITDA | 5.13 | 5.91 | 4.99 | 13.02 | 7.95 | 6.93 | 6.13 | 6.75 | 12.97 | 6.33 | 3.54 |
| EV / EBIT | 8.81 | 11.86 | 8.57 | 12.37 | 16.73 | 13.45 | 12.64 | 12.64 | 6.74 | 14.38 | — |
| EV / FCF | — | 36.90 | 52.88 | — | — | 134.16 | 9.19 | 26.68 | 14.37 | 67.90 | 14.98 |
BBU Profitability
Margins and return-on-capital ratios measuring operating efficiency
Brookfield Business Partners L.P. earns an operating margin of 15.1%, above the Industrials sector average of 4.9%. Operating margins have expanded from 1.0% to 15.1% over the past 3 years, signaling improving operational efficiency. A negative ROE of -0.2% indicates the company is currently destroying shareholder equity. ROIC of 5.8% represents adequate returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.3% | 19.3% | 14.1% | 4.0% | 7.4% | 7.4% | 8.0% | 6.7% | 8.2% | 4.1% | 7.2% |
| Operating Margin | 15.1% | 15.1% | 11.0% | 1.0% | 5.1% | 5.2% | 5.4% | 4.8% | 0.5% | 0.7% | 1.0% |
| Net Profit Margin | -0.1% | -0.1% | 0.0% | 0.9% | 0.1% | 0.6% | -0.2% | 0.1% | 0.2% | -0.3% | 0.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -0.2% | -0.2% | 0.1% | 2.6% | 0.4% | 2.1% | -0.8% | 0.4% | 0.8% | -1.1% | 0.1% |
| ROA | -0.0% | -0.0% | 0.0% | 0.6% | 0.1% | 0.4% | -0.2% | 0.1% | 0.3% | -0.5% | 0.0% |
| ROIC | 5.8% | 5.8% | 5.9% | 0.7% | 4.0% | 4.6% | 4.3% | 5.6% | 0.9% | 1.8% | 1.2% |
| ROCE | 6.8% | 6.8% | 6.8% | 0.8% | 4.7% | 5.2% | 4.9% | 7.0% | 1.2% | 1.9% | 1.4% |
BBU Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Brookfield Business Partners L.P. carries a Debt/EBITDA ratio of 6.0x, which is highly leveraged (89% above the sector average of 3.2x). Net debt stands at $40.1B ($43.7B total debt minus $3.5B cash). Interest coverage of just 1.1x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.86 | 2.86 | 2.30 | 2.46 | 2.75 | 2.55 | 2.42 | 2.38 | 0.95 | 0.54 | 0.38 |
| Debt / EBITDA | 5.97 | 5.97 | 5.19 | 13.59 | 8.24 | 7.03 | 6.52 | 6.81 | 12.32 | 6.09 | 4.31 |
| Net Debt / Equity | — | 2.63 | 2.11 | 2.27 | 2.58 | 2.33 | 2.10 | 2.19 | 0.78 | 0.36 | 0.12 |
| Net Debt / EBITDA | 5.49 | 5.49 | 4.77 | 12.56 | 7.74 | 6.43 | 5.67 | 6.25 | 10.11 | 4.03 | 1.39 |
| Debt / FCF | — | 34.30 | 50.48 | — | — | 124.64 | 8.50 | 24.69 | 11.20 | 43.18 | 5.89 |
| Interest Coverage | 1.14 | 1.14 | 1.51 | 0.96 | — | — | 1.31 | 1.59 | — | 1.17 | -2.15 |
BBU Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.83x means Brookfield Business Partners L.P. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.04x to 1.83x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.83 | 1.83 | 1.26 | 1.04 | 1.10 | 1.11 | 1.19 | 1.16 | 1.13 | 1.39 | 1.49 |
| Quick Ratio | 1.53 | 1.53 | 1.06 | 0.77 | 0.76 | 0.75 | 0.85 | 0.80 | 0.78 | 1.11 | 1.23 |
| Cash Ratio | 1.03 | 1.03 | 0.33 | 0.28 | 0.27 | 0.32 | 0.42 | 0.28 | 0.21 | 0.34 | 0.42 |
| Asset Turnover | — | 0.37 | 0.54 | 0.65 | 0.64 | 0.73 | 0.69 | 0.83 | 1.36 | 1.44 | 0.97 |
| Inventory Turnover | 4.92 | 4.92 | 14.44 | 13.25 | 9.40 | 8.66 | 8.28 | 10.05 | 10.88 | 13.87 | 11.42 |
| Days Sales Outstanding | — | 100.74 | 36.01 | 39.71 | 42.33 | 40.34 | 43.65 | 41.34 | 42.51 | 55.41 | 78.27 |
BBU Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Brookfield Business Partners L.P. returns 4.0% to shareholders annually — split between a 2.2% dividend yield and 1.8% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.2% | 1.7% | 3.0% | 1.4% | 3.9% | 1.6% | 1.9% | 1.8% | 1.3% | 1.2% | 2.2% |
| Payout Ratio | — | — | 342.7% | 4.4% | 79.4% | 14.3% | — | 83.3% | 43.2% | — | 566.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 31.4% | 27.8% | 93.0% | 30.0% | 22.3% | 2.9% | — | 0.4% |
| FCF Yield | 26.0% | 38.4% | 41.6% | — | — | 10.5% | 144.9% | 50.3% | 31.6% | 4.0% | 11.0% |
| Buyback Yield | 1.8% | 0.0% | 2.8% | 0.3% | 6.1% | 3.6% | 2.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 4.0% | 1.7% | 5.8% | 1.7% | 10.0% | 5.2% | 4.8% | 1.8% | 1.3% | 1.2% | 2.2% |
| Shares Outstanding | — | $87M | $74M | $75M | $75M | $78M | $80M | $74M | $129M | $56M | $50M |
Peer Comparison
Compare BBU with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BBUYou | $3B | -62.9 | 5.1 | 3.9 | 19.3% | 15.1% | -0.2% | 5.8% | 6.0 |
 BX | $98B | 32.1 | 15.0 | 56.0 | 86.0% | 51.9% | 14.6% | 16.1% | 1.8 |
 KKR | $90B | 43.1 | 20.3 | 9.4 | 41.8% | 2.4% | 3.3% | 0.3% | 7.7 |
 APO | $75B | 17.8 | 6.0 | 10.0 | 88.5% | 34.4% | 12.2% | 16.0% | 1.2 |
 CG | $18B | 23.3 | 21.7 | 13.5 | 65.9% | 26.2% | 12.1% | 5.2% | 10.4 |
 TPG | $17B | 37.2 | 22.1 | 17.2 | 96.9% | 14.7% | 4.8% | 9.3% | 2.1 |
 ARES | $41B | 63.2 | 27.0 | 26.3 | 74.8% | 27.2% | 6.8% | 6.1% | 7.4 |
 EFX | $21B | 32.6 | 14.2 | 18.4 | 44.6% | 18.0% | 13.7% | 8.5% | 2.8 |
 NXST | $6B | 65.7 | 4.5 | 8.0 | — | 17.2% | — | 19.1% | — |
 WCC | $18B | 27.8 | 16.8 | 701.9 | 20.2% | 5.2% | 12.8% | 8.5% | 5.1 |
 BAM | $82B | 38.0 | 29.5 | 130.2 | 71.0% | 69.4% | 80.9% | 71.0% | 0.1 |
| Industrials Median | — | 25.9 | 13.9 | 20.6 | 32.8% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 13 years · Updated daily
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Start ComparisonBBU — Frequently Asked Questions
Quick answers to the most common questions about buying BBU stock.
What is Brookfield Business Partners L.P.'s P/E ratio?
Brookfield Business Partners L.P.'s current P/E ratio is -62.9x. The historical average is 8.3x.
What is Brookfield Business Partners L.P.'s EV/EBITDA?
Brookfield Business Partners L.P.'s current EV/EBITDA is 5.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.5x.
What is Brookfield Business Partners L.P.'s ROE?
Brookfield Business Partners L.P.'s return on equity (ROE) is -0.2%. The historical average is 1.1%.
Is BBU stock overvalued?
Based on historical data, Brookfield Business Partners L.P. is trading at a P/E of -62.9x. Compare with industry peers and growth rates for a complete picture.
What is Brookfield Business Partners L.P.'s dividend yield?
Brookfield Business Partners L.P.'s current dividend yield is 2.20%.
What are Brookfield Business Partners L.P.'s profit margins?
Brookfield Business Partners L.P. has 19.3% gross margin and 15.1% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Brookfield Business Partners L.P. have?
Brookfield Business Partners L.P.'s Debt/EBITDA ratio is 6.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.