Logo

BBUC

Brookfield Business Corporation

BBUC

Brookfield Business Corporation • NYSE
$34.86 ▲ 2.42% (+0.82)
Market Cap $2.44 B
52w High $37.88
52w Low $21.52
Dividend Yield 0.25%
P/E -2.31
Volume 125.11K
Outstanding Shares 70.00M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $1.86B ▼ $69M ▼ $-120M ▼ -6.452% ▼ $-1.67 ▼ $282M ▼
Q1-2025 $1.966B ▼ $75M ▼ $-58M ▲ -2.95% ▲ $-0.81 ▲ $298M ▲
Q4-2024 $2.209B ▲ $164M ▲ $-396M ▲ -17.927% ▲ $-5.43 ▲ $200M ▼
Q3-2024 $2.205B ▲ $78M ▲ $-466M ▼ -21.134% ▼ $-6.39 ▼ $306M ▲
Q2-2024 $1.929B $77M $124M 6.428% $1.7 $186M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $613M ▼ $16.282B ▼ $13.703B ▼ $-159M ▼
Q1-2025 $968M ▼ $19.299B ▲ $16.715B ▲ $-78M ▼
Q4-2024 $1.008B ▲ $19.098B ▼ $16.463B ▼ $-59M ▼
Q3-2024 $673M ▼ $20.625B ▲ $16.578B ▲ $378M ▼
Q2-2024 $754M $20.503B $15.921B $849M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-23M ▲ $-261M ▼ $-111M ▼ $-13M ▼ $-355M ▼ $-332M ▼
Q1-2025 $-135M ▲ $-50M ▼ $-90M ▼ $71M ▼ $-40M ▼ $-110M ▼
Q4-2024 $-1.282B ▼ $105M ▲ $-86M ▼ $386M ▲ $335M ▲ $36M ▲
Q3-2024 $-466M ▼ $-197M ▼ $-78M ▲ $177M ▲ $-81M ▼ $-271M ▼
Q2-2024 $40M $34M $-94M $110M $11M $-44M

Five-Year Company Overview

Income Statement

Income Statement Brookfield Business Corporation’s revenue base is sizable and has generally trended upward over the last few years, but profitability has been uneven. Margins look relatively thin, with only a small portion of revenue turning into operating profit in recent periods. After a few years of positive earnings, the most recent year swung back to a sizable loss, showing that results can be quite volatile. This pattern suggests a business that can generate scale and EBITDA, but where interest, depreciation, taxes, and one‑off items can quickly shift the bottom line from profit to loss. Investors should treat current earnings power as somewhat unstable rather than steady.

Balance Sheet

Balance Sheet The balance sheet is large and complex, reflecting a collection of substantial businesses rather than a simple operating company. Debt levels are high relative to equity, and book equity has moved in and out of negative territory, which points to significant leverage and a thin capital cushion. This structure is common for private‑equity‑style vehicles but does increase sensitivity to changes in asset values, interest rates, and operating performance. Cash on hand is modest relative to total assets, reinforcing the importance of continued access to financing and capital markets. Overall, the balance sheet is built for aggressive asset ownership rather than conservative stability.

Cash Flow

Cash Flow Cash generation from day‑to‑day operations has been positive in several years but recently turned slightly negative, indicating that underlying cash earnings are not yet consistently reliable. Free cash flow has been mostly negative over the period, as the company continues to spend heavily on capital investments and portfolio improvements. This signals a strategy focused on growth and asset enhancement rather than near‑term cash harvesting. However, it also means the business depends on external capital, asset sales, or refinancings to fund expansion and, potentially, to support obligations. The cash flow profile fits an active investment platform but carries execution and refinancing risk.

Competitive Edge

Competitive Edge BBUC’s main competitive strength comes from being part of the broader Brookfield ecosystem rather than from any single operating business. Through Brookfield, it benefits from global scale, deep operational expertise, and ready access to large pools of capital, which helps it buy and improve sizeable, high‑quality companies that many rivals cannot reach. Its portfolio tilts toward essential and often regulated or mission‑critical services—such as mortgage insurance, energy storage, nuclear services, and lottery systems—where barriers to entry are typically high. Diversification across business services, infrastructure, and industrials also spreads risk across different economic drivers. The trade‑off is complexity: performance is tied to the success of many moving parts and to Brookfield’s capital allocation decisions.

Innovation and R&D

Innovation and R&D Innovation at BBUC is mainly “acquired” rather than built in‑house. Instead of running large internal research labs, the company buys and scales businesses that already have strong technological or process advantages—like automotive software, advanced batteries, nuclear technologies, and digital infrastructure services. Brookfield then focuses on sharpening operations, expanding markets, and funding further product development within those acquired platforms. The link to Brookfield’s broader push into AI‑related infrastructure adds an additional long‑term innovation angle, even if it sits one step removed at the corporate level. Overall, the company’s edge in innovation comes from smart selection and enhancement of assets rather than from original R&D spending under the BBUC banner.

Summary

Brookfield Business Corporation operates more like a listed private‑equity and industrial holding platform than a conventional operating company. It combines rising revenue and meaningful EBITDA with very volatile net income, reflecting heavy leverage, large non‑cash items, and periodic transaction impacts. The balance sheet and cash flows show a business optimized for owning and improving sizeable, capital‑intensive assets, not for delivering smooth, predictable earnings or free cash. Its strongest advantages are the Brookfield ecosystem, access to capital, and exposure to essential, high‑barrier industries, offset by structural complexity, high leverage, and dependence on continued execution and financing. Future outcomes will hinge on how well management continues to buy, improve, and eventually exit or refinance portfolio companies in a shifting macroeconomic and technological landscape.

NEWS

November 11, 2025 · 7:00 AM UTC

Clarios accelerates plans to build significant new U.S. Battery Recycling and Critical Mineral Processing capacity

Read more

November 6, 2025 · 6:45 AM UTC

Brookfield Business Partners Reports Third Quarter 2025 Results

Read more

October 3, 2025 · 6:45 AM UTC

Brookfield Business Partners to Host Third Quarter 2025 Results Conference Call

Read more

September 25, 2025 · 6:45 AM UTC

Brookfield Business Partners Announces Simplification via Conversion to Canadian Corporation

Read more