Friday 6 November 2026
Export BBUC’s income statement to Excel — free account
Brookfield Business Partners L.P.
BBUC Industrials Conglomerates
Brookfield Business Partners L.P.’s revenue for fiscal 2025 (year ended December 2025) was $27.5 billion, down 32.4% from fiscal 2024.
- Revenue
- −2.96%
- EPS
- +50.0%
- Free cash flow
- −2,167.7%
- Total debt
- +2.78%
Quarter to June 2026, against a year earlier
30.08
0.87
−2.81%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 7,960 | 22,823 | 37,168 | 43,032 | 37,635 | 46,587 | 57,385 | 55,068 | 40,620 | 27,457 | 26,946 | +14.7% | 12,790 | 11,761 | — | (34.6%) | |
| Gross margin, % | 7.21 | 4.15 | 8.16 | 10.93 | 7.98 | 7.38 | 7.45 | 9.17 | 14.12 | 19.32 | 19.71 | +12.1 pt | ||||||
| EBT | (218) | 223 | 1,301 | 626 | 734 | 2,318 | (79) | 3,722 | 594 | 480 | 379 | n/m | ||||||
| EBT margin, % | (2.74) | 0.98 | 3.50 | 1.45 | 1.95 | 4.98 | (0.14) | 6.76 | 1.46 | 1.75 | 1.41 | +4.5 pt | ||||||
| Net income | (202) | 215 | 1,203 | 434 | 580 | 2,153 | 240 | 3,777 | 895 | 387 | 305 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 179.68 | 411.23 | 557.52 | 620.46 | 469.26 | 594.98 | 762.09 | 739.17 | 546.70 | 317.42 | 130.68 | +6.5% | |||||
| Earnings | 0.06 | (1.04) | 1.11 | 0.62 | (1.13) | 3.28 | 0.48 | 6.49 | (0.50) | (0.30) | (0.39) | n/m | ||||||
| Cash flow | 5.17 | (1.26) | 20.11 | 31.19 | 52.43 | 21.62 | 13.43 | 28.59 | 44.16 | 37.34 | 13.11 | +24.6% | ||||||
| Capex | (2.75) | (4.02) | (6.51) | (16.48) | (17.01) | (16.93) | (20.81) | (29.60) | (31.08) | (22.47) | (10.92) | +26.3% | ||||||
| Free cash flow | 2.42 | (5.28) | 13.60 | 14.71 | 35.42 | 4.69 | (7.38) | (1.01) | 13.08 | 14.87 | 2.19 | +22.4% | ||||||
| Book value | 91.15 | 109.26 | 97.41 | 159.37 | 141.36 | 166.03 | 244.74 | 248.75 | 232.95 | 177.01 | 74.87 | +7.7% | ||||||
| Shares, m | 44 | 56 | 67 | 69 | 80 | 78 | 75 | 75 | 74 | 87 | 148 | +7.7% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 8.83 | 34.87 | 0.00 | 9.01 | 25.67 | 3.51 | 0.00 | 0.00 | 0.00 | 8.2 | |||||
| P/S | 0.09 | 0.05 | 0.04 | 0.04 | 0.05 | 0.05 | 0.02 | 0.03 | 0.04 | 0.11 | 0.23 | 0.1 | ||||||
| P/B | 0.17 | 0.20 | 0.20 | 0.17 | 0.17 | 0.18 | 0.08 | 0.10 | 0.11 | 0.21 | 0.42 | 0.2 | ||||||
| EV/Sales | 0.09 | 0.13 | 0.25 | 0.49 | 0.54 | 0.58 | 0.75 | 0.72 | 0.88 | 1.53 | 1.72 | 0.6 | ||||||
| EV/FCF | 7.02 | (10.35) | 10.29 | 20.69 | 7.18 | 72.99 | (77.80) | (527.43) | 36.92 | 32.72 | 102.36 | (42.8) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 229 | (70) | 1,341 | 2,163 | 4,205 | 1,693 | 1,011 | 2,130 | 3,281 | 3,230 | 2,704 | +34.2% | |||||
| Capex | (122) | (223) | (434) | (1,143) | (1,364) | (1,326) | (1,567) | (2,205) | (2,309) | (1,944) | (2,252) | +36.0% | ||||||
| Free cash flow | 107 | (293) | 907 | 1,020 | 2,841 | 367 | (556) | (75) | 972 | 1,286 | 452 | +31.8% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 1,520 | 743 | 765 | 1,771 | 2,360 | 1,506 | 1,617 | 530 | 3,173 | 6,061 | 5,781 | +16.6% | |||||
| Net debt | 68 | 1,798 | 8,031 | 19,265 | 18,458 | 24,474 | 41,844 | 37,858 | 34,086 | 38,973 | 40,062 | +102.5% | ||||||
| Shareholders’ equity | 4,038 | 6,064 | 6,494 | 11,053 | 11,337 | 13,000 | 18,429 | 18,532 | 17,308 | 15,311 | 15,439 | +16.0% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 0.04 | (0.48) | 0.34 | 0.11 | (0.17) | 0.43 | 0.05 | 0.56 | (0.05) | (0.03) | (0.07) | (0.1) pt | |||||
| ROIC | 0.29 | 1.88 | 7.07 | 4.27 | 4.27 | 4.04 | 3.02 | 3.89 | 5.44 | 4.78 | 4.68 | +4.5 pt | ||||||
| ROE | 0.08 | (1.15) | 1.18 | 0.49 | (0.81) | 2.12 | 0.24 | 2.78 | (0.22) | (0.17) | (0.38) | (0.2) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 20,400 | 26,900 | 46,651 | 67,030 | 67,315 | 90,000 | 102,000 | 72,000 | 72,000 | 57,000 | — | +12.1% | |||||
| Revenue/emp, $m | 0.39 | 0.85 | 0.80 | 0.64 | 0.56 | 0.52 | 0.56 | 0.76 | 0.56 | 0.48 | — | +2.4% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Brookfield Business Partners L.P. vs peers in Conglomerates (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| VMI Valmont Industries, Inc. | $7.6B | 14.7× | 18.2× | +5.53% (above 0%: growing) | +25.30% (above 0%: growing) | −22.73% (below 0%: shrinking) | 30.02% | 15.66% | Compare |
| BBUC Brookfield Business Partners L.P. | $6.2B | — (loss-making) | — (loss-making) | −2.96% (below 0%: shrinking) | +50.00% (above 0%: growing) | −2,167.65% (below 0%: shrinking) | 19.59% | 15.15% | |
| GHC Graham Holdings Company | $5.1B | 10.6× | 15.5× | +3.69% (above 0%: growing) | −36.89% (below 0%: shrinking) | −42.93% (below 0%: shrinking) | 29.58% | 6.45% | Compare |
| PAM Pampa Energia S.A. | $3.4B | 5.1× | 7.2× | +33.67% (above 0%: growing) | +491.30% (above 0%: growing) | −965.12% (below 0%: shrinking) | 32.91% | 18.99% | Compare |
| OTTR Otter Tail Corporation | $3.4B | 19.0× | 21.9× | −1.55% (below 0%: shrinking) | −24.21% (below 0%: shrinking) | +28.54% (above 0%: growing) | 54.41% | 21.50% | Compare |
| SEB Seaboard Corporation | $3.3B | 5.9× | — (loss-making) | +9.09% (above 0%: growing) | −73.38% (below 0%: shrinking) | +6.17% (above 0%: growing) | 4.76% | 0.47% | Compare |
| DLX Deluxe Corporation | $1.3B | 16.1× | 9.3× | +2.53% (above 0%: growing) | −62.16% (below 0%: shrinking) | +11.71% (above 0%: growing) | 51.92% | 9.51% | Compare |
| CODI Compass Diversified Holdings | $863.0M | — (loss-making) | — (loss-making) | −11.42% (below 0%: shrinking) | n/m | +150.97% (above 0%: growing) | 47.16% | 6.83% | Compare |
| FBYD Falcon's Beyond Global, Inc. | $821.5M | — (loss-making) | — | +120.40% (above 0%: growing) | n/m | +130.40% (above 0%: growing) | 62.66% | (4.66%) | Compare |
| Median of peers | $3.3B | 12.6× | 15.5× | +4.61% | −30.55% | +8.94% | 40.04% | 8.17% |
Brookfield Business Partners L.P. (BBUC) Latest News
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2 Feb
30 Jan
4 Dec
BBUC metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score