Brookfield Business Corporation Class A Subordinate Voting Shares (BBUC) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.46	$1	+117.4%	—	$6.5B	—
Q1 26	$0.36	$0.19	-47.2%	—	$6.4B	—
Q4 25	-$0.15	-$0.02	+86.7%	—	$7.1B	—
Q2 25	$0.24	$0.56	+133.3%	—	$6.7B	—
Q1 25	$0.07	$0.2	+185.7%	—	$6.7B	—
Q4 24	$0.13	-$0.54	-515.4%	—	$2.2B	—
Q3 24	$0.1	-$3.51	-3610.0%	—	$2.2B	—
Q2 24	-$0.02	$0.13	+750.0%	—	$1.9B	—
Q1 24	-$1.58	$2.93	+285.4%	—	$1.9B	—
Q4 23	$6.42	-$15.3	-337.5%	—	-$1.1B	—
Q3 23	-$0.46	-$0.16	+65.2%	—	$2B	—
Q2 23	—	-$1.32	—	—	$1.9B	—
Q1 23	-$0.08	$1.18	+1575.0%	—	$1.9B	—
Q4 22	-$0.09	$0.04	+144.4%	—	$3.1B	—
Q3 22	-$0.05	-$0.42	-740.0%	—	$2.9B	—
Q2 22	$0.02	-$0.38	-2000.0%	—	$2.3B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$0.3	—	—	$27.5B	—
FY24	—	-$12.2	—	—	$8.2B	—
FY23	—	$7.11	—	—	$7.7B	—
FY22	—	$12.5	—	—	$6.8B	—
FY21

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$7B	$9.9B	$9.6B	$6.4B	$6.8B	$7.7B	$8.2B	$27.5B
YoY change	—	+42.4%	-3%	-33.6%	+6.71%	+12.9%	+6.83%	+234.5%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	7B	9.9B	9.6B	6.4B	6.8B	7.7B	8.2B	27.5B
Cost of revenue	6.5B	9.1B	8.9B	6B	6.2B	6.8B	7.6B	22.2B
Gross profit	443M	845M	753M	392M	640M	889M	640M	5.3B
Gross margin	6.37%	8.53%	7.84%	6.15%	9.41%	11.6%	7.8%	19.3%
Research & development	—	—	—	—	—	—	—	—
Selling, general & administrative	212M	336M	313M	167M	203M	268M	326M	1.2B
Operating expenses	212M	336M	447M	167M	203M	268M	577M	1.2B
Operating income	231M	509M	440M	225M	437M	621M	63M	4.2B
Operating margin	3.32%	5.14%	4.58%	3.53%	6.42%	8.08%	0.77%	15.1%
Non-operating income, net	-135M	-238M	-176M	2M	748M	-654M	-1.3B	-536M
Pretax income	-76M	-125M	-141M	17M	662M	-911M	-2.1B	480M
Income tax	43M	9M	-14M	5M	-34M	72M	-148M	93M
Net income	-119M	-134M	-127M	93M	1.1B	2.8B	-1.9B	387M
Net margin	-1.71%	-1.35%	-1.32%	1.46%	15.8%	36.8%	-23.5%	1.41%
EBITDA	478M	1.3B	970M	828M	603M	2.2B	2.1B	6.9B
EPS	-0.65	-1.73	-2.22	0.49	12.5	7.11	-12.2	-0.3
Diluted EPS	-0.65	-1.73	-2.22	0.49	12.5	7.11	-12.2	-0.3

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	2B	-1.1B	1.9B	1.9B	2.2B	2.2B	6.7B	6.7B	6.9B	7.1B	6.4B	6.5B
Cost of revenue	1.8B	-926M	1.7B	1.9B	2B	2B	5.4B	5.5B	5.7B	5.6B	5.1B	5.2B
Gross profit	204M	-180M	213M	69M	190M	168M	1.3B	1.2B	1.3B	1.5B	1.3B	1.3B
Gross margin	10.4%	16.3%	11.4%	3.58%	8.62%	7.61%	20%	18.4%	18.2%	20.8%	20.4%	19.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	66M	-80M	64M	77M	78M	107M	311M	271M	278M	291M	296M	289M
Operating expenses	66M	-80M	64M	77M	190M	164M	311M	271M	278M	291M	296M	289M
Operating income	138M	-100M	149M	-8M	0	4M	1B	959M	978M	1.2B	1B	984M
Operating margin	7.03%	9.04%	7.99%	-0.41%	0%	0.18%	15.4%	14.3%	14.1%	16.7%	15.8%	15.1%
Non-operating income, net	98M	-858M	-123M	180M	-337M	-1.1B	123M	-88M	-349M	-222M	40M	-175M
Pretax income	9M	-948M	-184M	-31M	-544M	-1.3B	389M	70M	-155M	176M	288M	70M
Income tax	-31M	15M	-10M	-71M	-33M	-34M	133M	-65M	-33M	58M	72M	-23M
Net income	7M	2.8B	-174M	40M	-511M	-1.3B	256M	135M	-122M	118M	216M	93M
Net margin	0.36%	-257.6%	-9.33%	2.07%	-23.2%	-58%	3.79%	2.02%	-1.76%	1.66%	3.36%	1.43%
EBITDA	284M	927M	448M	-51M	524M	1.3B	1.6B	1.7B	1.6B	2B	1.8B	1.8B
EPS	1.33	6.22	-2.06	1.7	-6.39	-5.43	0.38	0.12	-0.28	-0.48	0.19	0.18
Diluted EPS	1.33	6.22	-2.06	1.7	-6.39	-5.43	0.38	0.12	-0.28	-0.48	0.19	0.18

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	—	1.4B	1.7B	1.8B	—	5.2B
Enterprise value	—	—	—	—	14B	10B	9.5B	—	56.8B
Shares outstanding	74M	74M	74M	74M	73M	73M	73M	87.7M	87.7M

Valuation

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	1.27	0.6	—	—	6.88
P/S	—	—	—	—	0.2	0.22	0.22	—	0.19
P/B	—	—	—	—	0.34	0.36	0.67	—	0.96
EV/EBITDA	—	—	—	—	23.3	4.51	4.53	—	8.6
EV/Sales	—	—	—	—	2.06	1.31	1.16	—	2.11
Earnings yield	—	—	—	—	78.5%	166.6%	—	—	14.5%
FCF yield	—	—	—	—	-34.6%	-29.2%	-23.1%	—	25.9%
PEG	—	—	—	—	—	—	—	—	0.14

Profitability

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	6.37%	8.53%	7.84%	6.15%	9.41%	11.6%	7.8%	19.3%	19.6%
Operating margin	3.32%	5.14%	4.58%	3.53%	6.42%	8.08%	0.77%	15.1%	15.1%
Net margin	-1.71%	-1.35%	-1.32%	1.46%	15.8%	36.8%	-23.5%	1.41%	-0.2%
ROE	—	-4.23%	-4.69%	8.19%	26.4%	59.4%	-73.1%	2.53%	1.98%
ROA	—	-0.8%	-0.76%	0.58%	3.93%	13.4%	-10.1%	0.51%	3.37%
ROIC	—	6.22%	5.77%	2.03%	2.61%	4.74%	0.61%	6.02%	5.87%
Return on tangible assets	—	-4.51%	-3.89%	3.06%	-21.3%	-69.3%	68.6%	3.19%	1.85%

Financial health

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	—	1.01	0.98	0.69	0.82	0.57	0.61	1.67	1.44
Quick ratio	—	0.83	0.81	0.58	0.71	0.56	0.6	1.39	1.22
Debt / equity	—	1.84	2.1	6.67	3.29	1.92	3.33	2.91	2.96
Debt / assets	—	0.35	0.34	0.48	0.49	0.43	0.46	0.59	0.58
Net debt / EBITDA	—	3.9	5.07	8.07	21	3.75	3.69	5.8	5.78
Effective tax rate	0%	0%	0%	29.4%	0%	0%	0%	19.4%	19.5%

Per share

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	94	133.8	129.8	86.1	93.2	105.3	112.5	313	131.2
EPS (basic)	-0.65	-1.73	-2.22	0.49	12.5	7.11	-12.2	-0.3	-0.3
EPS (diluted)	-0.65	-1.73	-2.22	0.49	12.5	7.11	-12.2	-0.3	-0.43
Book value per share	—	42.8	36.6	15.4	55.8	65.2	36.1	174.5	26.4
FCF per share	-4.42	4.68	0.5	-1.49	-6.5	-6.8	-5.59	13.3	1.95
Cash per share	—	10.7	10.5	12.1	10.1	10.8	13.8	48.7	20
Capex per share	2.53	5.22	6.32	9.72	8.53	8.43	4.06	—	—

Capital allocation

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.69%	3.9%	4.87%	11.3%	9.14%	8%	3.61%	—	—
Capex / operating cash flow	-141.7%	75.2%	155.5%	138.8%	706.8%	16%	-19.7%	—	—
Payout ratio	-286.6%	-241.8%	-24.4%	0%	8.92%	0.64%	-0.93%	27.1%	3.09%
Dividend yield	—	—	—	—	7%	1.06%	1.02%	—	1%

Yield

trailing twelve months

Frequency

Quarterly

Last dividend

$0.063

ex-dividend Aug 31, 2026

Payout ratio

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 31, 2026	$0.063
May 29, 2026	$0.063
Mar 23, 2026	$0.063
Nov 28, 2025	$0.063
Aug 29, 2025	$0.063
May 30, 2025	$0.063
Feb 28, 2025	$0.0625
Nov 29, 2024	$0.0625

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	792M	777M	894M	736M	787M	1B	4.3B
Receivables	1.7B	1.6B	1.6B	2.3B	1.4B	1.3B	6.5B
Inventory	726M	713M	580M	635M	61M	52M	2.6B
Total current assets	4.1B	4.2B	3.9B	4.9B	2.8B	2.9B	15B
Property, plant & equipment	1.8B	1.7B	1.5B	1.5B	688M	576M	8.2B
Goodwill & intangibles	13.7B	13.4B	12.9B	32.4B	25.3B	21.9B	63.6B
Total assets	16.7B	16.7B	15.9B	27.4B	21.2B	19.1B	75.8B
Accounts payable	1.3B	1.4B	1.4B	1.3B	849M	829M	3.5B
Short-term debt	348M	180M	2B	491M	836M	155M	1.6B
Total current liabilities	4.1B	4.3B	5.6B	6B	4.8B	4.8B	9B
Long-term debt	5.5B	5.5B	5.6B	12.9B	8.3B	8.6B	43B
Total liabilities	13.5B	14B	14.8B	23.3B	16.4B	16.5B	60.5B
Shareholders' equity	3.2B	2.7B	1.1B	4.1B	4.8B	2.6B	15.3B
Total debt	5.8B	5.7B	7.6B	13.4B	9.1B	8.8B	44.6B
Net debt	5B	4.9B	6.7B	12.7B	8.4B	7.8B	41B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	646M	787M	784M	754M	673M	1B	4.2B	4.2B	4.8B	4.3B	5.3B	4.1B
Receivables	2.1B	1.4B	1.5B	1.4B	1.5B	1.3B	6B	6.2B	6.9B	6.5B	6.1B	6.2B
Inventory	704M	61M	59M	63M	64M	52M	2.7B	2.9B	2.7B	2.6B	2.7B	2.8B
Total current assets	4.6B	2.8B	2.9B	2.8B	2.8B	2.9B	15.1B	15.9B	15.5B	15B	15.8B	19B
Property, plant & equipment	-1.2B	688M	-666M	-713M	-770M	576M	-6.1B	-5.8B	—	8.2B	-6.5B	-6.3B
Goodwill & intangibles	31.1B	25.3B	24.8B	24.2B	24.2B	21.9B	64.4B	64.9B	64.3B	63.6B	63.1B	62.4B
Total assets	26.3B	21.2B	20.9B	20.5B	20.6B	19.1B	75.9B	75.3B	75.4B	75.8B	77.1B	78.8B
Accounts payable	1.1B	849M	833M	868M	904M	829M	3.4B	3.4B	7.8B	3.5B	3.3B	3.4B
Short-term debt	1.5B	836M	340M	275M	203M	155M	1.6B	1.6B	1.3B	1.6B	1.8B	2.2B
Total current liabilities	6.7B	4.8B	4.7B	4.4B	4.7B	4.8B	10.1B	9.5B	9.1B	9B	11.1B	13.2B
Long-term debt	12B	8.3B	8.5B	8.3B	8.6B	8.6B	42.7B	42.9B	42B	43B	43.8B	43.5B
Total liabilities	22.7B	16.4B	16.3B	15.9B	16.6B	16.5B	61B	60B	59.9B	60.5B	61.5B	63.4B
Shareholders' equity	3.7B	4.8B	4.6B	4.6B	4B	2.6B	14.9B	15.3B	15.5B	15.3B	15.5B	15.4B
Total debt	13.5B	9.1B	8.8B	8.6B	8.8B	8.8B	44.3B	44.4B	43.3B	44.6B	45.6B	45.7B
Net debt	12.9B	8.4B	8.1B	7.9B	8.2B	7.8B	40.9B	41.1B	39.8B	41B	41.1B	42.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-119M	-134M	-127M	93M	1.1B	2.8B	-1.9B	387M
Depreciation & amortization	247M	520M	585M	603M	892M	1B	780M	3B
Stock-based compensation	—	—	—	—	—	—	—	—
Change in working capital	-257M	208M	-61M	-133M	-551M	-126M	-366M	236M
Operating cash flow	-132M	513M	301M	518M	88M	3.8B	-1.5B	3.2B
Capital expenditure	-187M	-386M	-468M	-719M	-622M	-615M	-296M	—
Investing cash flow	-3.7B	-4.1B	-235M	-478M	-9.2B	3.8B	-335M	-1.2B
Dividends paid	341M	-324M	-31M	0	-96M	-18M	-18M	-105M
Share repurchases	—	—	—	—	—	—	—	—
Financing cash flow	4.5B	3.2B	-293M	14M	9.3B	-3.9B	797M	72M
Net change in cash	625M	-380M	-227M	54M	190M	3.7B	-1B	2.1B
Free cash flow	-327M	346M	37M	-110M	-474M	-496M	-408M	1.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	7M	2.8B	-174M	40M	-511M	-1.3B	256M	135M	-122M	118M	216M	93M
Depreciation & amortization	249M	221M	196M	194M	194M	196M	730M	767M	772M	761M	760M	775M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-121M	114M	-115M	129M	-318M	-62M	116M	147M	356M	-383M	-117M	-873M
Operating cash flow	-90M	3.6B	-36M	71M	-357M	-1.2B	824M	483M	1.3B	632M	765M	7M
Capital expenditure	-165M	-129M	-75M	-78M	-74M	-69M	-431M	—	—	—	—	—
Investing cash flow	-168M	3.6B	-77M	-94M	-78M	-86M	-1.5B	-36M	132M	-312M	13M	-825M
Dividends paid	-5M	-4M	-5M	-4M	-5M	-4M	-13M	-40M	-25M	-27M	-108M	-39M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-27M	-3.7B	124M	110M	177M	386M	757M	-224M	-744M	300M	625M	890M
Net change in cash	-285M	3.5B	11M	87M	-258M	-881M	127M	223M	688M	620M	1.4B	72M
Free cash flow	-145M	51M	-129M	-44M	-271M	36M	321M	8M	763M	78M	276M	-715M

Brookfield Business Corporation Class A Subordinate Voting Shares Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement