Brookfield Business Partners L.P. - Understand $bbu stock

$BBU Market Cap: $4.016 Billion

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Financial Snapshot

Revenue

$51.77B

TTM

Gross Margin

9.13%

TTM

Net Earnings

$483.0M

TTM

Current Assets

$29.02B

Q2 2024

Current Liabilities

$20.10B

Q2 2024

Current Ratio

144.37%

Q2 2024

Total Assets

$81.52B

Q2 2024

Total Liabilities

$79.65B

Q2 2024

Book Value

$1.868B

Q2 2024

Cash

$2.959B

Q2 2024

P/E

8.314

Nov 29, 2024 EST

Free Cash Flow

-$522.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$55.07B	$57.55B	$46.59B	$37.64B	$43.03B	$37.17B	$22.82B	$7.960B	$6.753B	$4.622B	$4.884B	$4.912B
YoY Change	-4.3%	23.52%	23.79%	-12.54%	15.78%	62.85%	186.72%	17.87%	46.11%	-5.36%	-0.57%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$55.07B	$57.55B	$46.59B	$37.64B	$43.03B	$37.17B	$22.82B	$7.960B	$6.753B	$4.622B	$4.884B	$4.912B
Cost Of Revenue	$50.02B	$49.84B	$40.87B	$32.43B	$38.26B	$34.07B	$21.84B	$7.367B	$6.116B	$4.089B	$4.440B	$4.433B
Gross Profit	$5.047B	$7.703B	$5.719B	$5.207B	$4.770B	$3.099B	$979.0M	$593.0M	$637.0M	$533.0M	$444.0M	$479.0M
Gross Profit Margin	9.17%	13.39%	12.28%	13.84%	11.08%	8.34%	4.29%	7.45%	9.43%	11.53%	9.09%	9.75%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$1.538B	$1.372B	$1.012B	$1.005B	$897.0M	$708.0M	$372.0M	$288.0M	$240.0M	$189.0M	$199.0M	$212.0M
YoY Change	12.1%	35.57%	0.7%	12.04%	26.69%	90.32%	29.17%	20.0%	26.98%	-5.03%	-6.13%
% of Gross Profit	30.47%	17.81%	17.7%	19.3%	18.81%	22.85%	38.0%	48.57%	37.68%	35.46%	44.82%	44.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.592B	$3.260B	$2.283B	$2.165B	$1.804B	$748.0M	$371.0M	$286.0M	$257.0M	$147.0M	$125.0M	$117.0M
YoY Change	10.18%	42.79%	5.45%	20.01%	141.18%	101.62%	29.72%	11.28%	74.83%	17.6%	6.84%
% of Gross Profit	71.17%	42.32%	39.92%	41.58%	37.82%	24.14%	37.9%	48.23%	40.35%	27.58%	28.15%	24.43%
Operating Expenses	$1.538B	$1.372B	$3.295B	$3.170B	$2.701B	$1.456B	$743.0M	$574.0M	$497.0M	$336.0M	$324.0M	$329.0M
YoY Change	12.1%	-58.36%	3.94%	17.36%	85.51%	95.96%	29.44%	15.49%	47.92%	3.7%	-1.52%
Operating Profit	$3.509B	$6.331B	$2.424B	$2.037B	$2.069B	$1.643B	$236.0M	$19.00M	$140.0M	$197.0M	$120.0M	$150.0M
YoY Change	-44.57%	161.18%	19.0%	-1.55%	25.93%	596.19%	1142.11%	-86.43%	-28.93%	64.17%	-20.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	-$3.464B	-$2.373B	-$1.455B	-$1.425B	-$1.160B	-$488.0M	-$133.0M	-$22.00M	-$61.00M	-$2.000M	-$1.000M	-$15.00M
YoY Change	45.98%	63.09%	2.11%	22.84%	137.7%	266.92%	504.55%	-63.93%	2950.0%	100.0%	-93.33%
% of Operating Profit	-98.72%	-37.48%	-60.02%	-69.96%	-56.07%	-29.7%	-56.36%	-115.79%	-43.57%	-1.02%	-0.83%	-10.0%
Other Income/Expense, Net	-$178.0M	-$658.0M	-$34.00M	$111.0M	-$400.0M	-$136.0M	-$108.0M	-$11.00M	$70.00M	$13.00M	-$4.000M	-$20.00M
YoY Change	-72.95%	1835.29%	-130.63%	-127.75%	194.12%	25.93%	881.82%	-115.71%	438.46%	-425.0%	-80.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$3.722B	$77.00M	$2.318B	$734.0M	$626.0M	$1.301B	$223.0M	-$218.0M	$323.0M	$163.0M	$212.0M	$110.0M
YoY Change	4733.77%	-96.68%	215.8%	17.25%	-51.88%	483.41%	-202.29%	-167.49%	98.16%	-23.11%	92.73%
Income Tax	-$55.00M	-$278.0M	$165.0M	$154.0M	$192.0M	$98.00M	$8.000M	-$16.00M	$54.00M	$18.00M	-$2.000M	$30.00M
% Of Pretax Income	-1.48%	-361.04%	7.12%	20.98%	30.67%	7.53%	3.59%		16.72%	11.04%	-0.94%	27.27%
Net Earnings	$482.0M	$355.0M	$643.0M	-$169.0M	$88.00M	$74.00M	-$58.00M	-$32.00M	$208.0M	$93.00M	$184.0M	$128.0M
YoY Change	35.77%	-44.79%	-480.47%	-292.05%	18.92%	-227.59%	81.25%	-115.38%	123.66%	-49.46%	43.75%
Net Earnings / Revenue	0.88%	0.62%	1.38%	-0.45%	0.2%	0.2%	-0.25%	-0.4%	3.08%	2.01%	3.77%	2.61%
Basic Earnings Per Share
Diluted Earnings Per Share	$6.47	$0.73	$8.212M	-$2.113M	$1.189M	$1.121M	-$878.8K	-$615.4K	$4.727M	$2.114M	$4.182M	$2.909M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Cash & Short-Term Investments	$16.43B	$4.245B	$3.988B	$4.123B	$2.720B	$2.214B	$1.313B	$1.385B	$613.0M	$382.0M	$261.0M
YoY Change	287.0%	6.44%	-3.27%	51.58%	22.85%	68.62%	-5.2%	125.94%	60.47%	46.36%
Cash & Equivalents	$3.252B	$2.870B	$2.588B	$2.743B	$1.986B	$1.949B	$1.106B	$1.050B	$354.0M	$163.0M	$195.0M
Short-Term Investments	$13.18B	$1.375B	$1.400B	$1.380B	$734.0M	$265.0M	$207.0M	$335.0M	$259.0M	$219.0M	$66.00M
Other Short-Term Assets	$1.380B	$1.754B	$1.284B	$1.685B	$1.206B	$1.170B	$392.0M	$446.0M	$203.0M	$122.0M	$143.0M
YoY Change	-21.32%	36.6%	-23.8%	39.72%	3.08%	198.47%	-12.11%	119.7%	66.39%	-14.69%
Inventory	$5.321B	$5.186B	$4.512B	$3.696B	$3.490B	$1.562B	$1.068B	$229.0M	$442.0M	$102.0M	$88.00M
Prepaid Expenses
Receivables	$6.563B	$6.401B	$4.945B	$4.306B	$4.808B	$4.307B	$3.454B	$1.703B	$1.568B	$973.0M	$969.0M
Other Receivables	$0.00	$726.0M	$689.0M	$683.0M	$571.0M	$528.0M	$206.0M	$313.0M	$209.0M	$52.00M	$43.00M
Total Short-Term Assets	$28.31B	$18.31B	$15.42B	$14.49B	$12.80B	$9.781B	$6.433B	$4.076B	$3.035B	$1.631B	$1.504B
YoY Change	54.61%	18.77%	6.38%	13.27%	30.81%	52.04%	57.83%	34.3%	86.08%	8.44%
Property, Plant & Equipment	$15.72B	$15.89B	$15.33B	$13.98B	$13.89B	$6.947B	$2.530B	$2.096B	$2.364B	$1.075B	$954.0M
YoY Change	-1.06%	3.71%	9.61%	0.65%	99.97%	174.58%	20.71%	-11.34%	119.91%	12.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$2.154B	$6.742B	$6.660B	$6.527B	$5.796B	$822.0M	$864.0M	$257.0M	$492.0M	$192.0M	$201.0M
YoY Change	-68.05%	1.23%	2.04%	12.61%	605.11%	-4.86%	236.19%	-47.76%	156.25%	-4.48%
Other Assets	$1.220B	$2.647B	$1.796B	$1.554B	$1.359B	$831.0M	$271.0M	$141.0M	$92.00M	$137.0M	$100.0M
YoY Change	-53.91%	47.38%	15.57%	14.35%	63.54%	206.64%	92.2%	53.26%	-32.85%	37.0%
Total Long-Term Assets	$54.07B	$71.19B	$48.80B	$40.25B	$38.96B	$17.54B	$9.371B	$4.117B	$4.600B	$2.774B	$2.701B
YoY Change	-24.04%	45.87%	21.24%	3.33%	122.14%	87.14%	127.62%	-10.5%	65.83%	2.7%
Total Assets	$82.39B	$89.50B	$64.22B	$54.75B	$51.75B	$27.32B	$15.80B	$8.193B	$7.635B	$4.405B	$4.205B
YoY Change
Accounts Payable	$18.38B	$4.099B	$3.665B	$2.971B	$2.919B	$1.819B	$1.451B	$1.325B	$1.268B	$734.0M	$716.0M
YoY Change	348.35%	11.84%	23.36%	1.78%	60.47%	25.36%	9.51%	4.5%	72.75%	2.51%
Accrued Expenses	$4.636B	$5.204B	$4.250B	$3.464B	$3.978B	$2.905B	$2.400B	$468.0M	$432.0M	$200.0M	$182.0M
YoY Change	-10.91%	22.45%	22.69%	-12.92%	36.94%	21.04%	412.82%	8.33%	116.0%	9.89%
Deferred Revenue
YoY Change
Short-Term Debt	$1.440B	$636.0M	$727.0M	$700.0M	$0.00	$581.0M	$581.0M	$0.00	$0.00	$0.00	$0.00
YoY Change	126.42%	-12.52%	3.86%		-100.0%	0.0%
Long-Term Debt Due	$3.023B	$4.090B	$2.374B	$1.639B	$1.367B	$1.831B	$836.0M	$419.0M	$511.0M	$475.0M	$291.0M
YoY Change	-26.09%	72.28%	44.84%	19.9%	-25.34%	119.02%	99.52%	-18.0%	7.58%	63.23%
Total Short-Term Liabilities	$19.82B	$16.95B	$13.91B	$12.13B	$11.02B	$9.016B	$5.690B	$2.556B	$2.495B	$1.616B	$1.406B
YoY Change	16.89%	21.87%	14.66%	10.06%	22.27%	58.45%	122.61%	2.44%	54.39%	14.94%
Long-Term Debt	$40.81B	$44.21B	$28.31B	$23.20B	$22.37B	$9.095B	$2.446B	$1.148B	$1.563B	$333.0M	$346.0M
YoY Change	-7.69%	56.18%	22.01%	3.74%	145.9%	271.83%	113.07%	-26.55%	369.37%	-3.76%
Other Long-Term Liabilities	$5.676B	$6.159B	$6.493B	$6.374B	$5.506B	$1.846B	$767.0M	$370.0M	$391.0M	$288.0M	$209.0M
YoY Change	-7.84%	-5.14%	1.87%	15.76%	198.27%	140.68%	107.3%	-5.37%	35.76%	37.8%
Total Long-Term Liabilities	$40.81B	$50.37B	$34.80B	$29.58B	$27.87B	$10.94B	$3.213B	$1.518B	$1.954B	$621.0M	$555.0M
YoY Change	-18.98%	44.74%	17.67%	6.11%	154.74%	240.52%	111.66%	-22.31%	214.65%	11.89%
Total Liabilities	$80.48B	$88.08B	$61.97B	$52.82B	$49.64B	$25.77B	$14.22B	$5.692B	$5.848B	$2.905B	$2.554B
YoY Change	-8.64%	42.15%	17.32%	6.41%	92.61%	81.24%	149.81%	-2.67%	101.31%	13.74%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.0159 Billion

About Brookfield Business Partners L.P.

Brookfield Business Partners LP engages in owning and operating business services and industrial operations. The firm is focused on owning and operating businesses that provide essential products and services. The firm's sole direct investment is managing a general partnership interest in Brookfield Business L.P. (Holding LP), through which the Company holds all of its interests in its operating businesses. Its segments include Business Services, Infrastructure Services, and Industrials. The Business Services segment leverages operational expertise and scale of the Brookfield platform. The Infrastructure Services segment provides services and products for large-scale infrastructure assets. The Industrial segment includes advanced energy storage operations, and engineered component manufacturing. The firm's operations are located in the United States, Europe, Australia, Canada and Brazil. The firm is a listed vehicle of Brookfield Asset Management’s Private Equity Group.

Industry: Construction - Special Trade Contractors Peers: