Latest Ratios: P/E Ratio -100.7x · EV/EBITDA 1.3x · ROE 1.1%. (2019–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.1B | $2.5B | $1.8B | $2.3B | $1.9B | — | — | — |
| Enterprise Value | $9.2B | $9.7B | $9.5B | $10.7B | $14.5B | — | — | — |
| P/E Ratio → | -100.70 | — | — | 4.43 | 2.12 | — | — | — |
| P/S Ratio | 0.08 | 0.09 | 0.22 | 0.30 | 0.27 | — | — | — |
| P/B Ratio | 1.01 | 1.20 | 0.67 | 0.49 | 0.46 | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | 16.68 | 10.27 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.35 | 1.16 | 1.39 | 2.14 | — | — | — |
| EV / EBITDA | 1.29 | 1.35 | 11.31 | 6.48 | 10.94 | — | — | — |
| EV / EBIT | 2.22 | 2.33 | 151.30 | 17.17 | 33.26 | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
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 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.3% | 19.3% | 7.8% | 11.6% | 9.4% | 6.1% | 7.8% | 8.5% |
| Operating Margin | 15.1% | 15.1% | 0.8% | 8.1% | 6.4% | 3.5% | 4.6% | 5.1% |
| Net Profit Margin | 0.1% | 0.1% | -10.8% | 6.8% | 13.4% | 0.6% | -1.7% | -1.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | 1.1% | 1.1% | -24.1% | 11.8% | 35.0% | 1.9% | -5.6% | -4.0% |
| ROA | 0.1% | 0.1% | -4.4% | 2.1% | 4.2% | 0.2% | -1.0% | -0.8% |
| ROIC | 29.1% | 29.1% | 0.4% | 3.0% | 2.5% | 2.0% | 3.8% | 4.3% |
| ROCE | 32.1% | 32.1% | 0.4% | 3.3% | 2.8% | 2.0% | 3.5% | 4.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.79 | 3.79 | 3.33 | 1.93 | 3.29 | 6.67 | 2.10 | 1.84 |
| Debt / EBITDA | 1.11 | 1.11 | 10.40 | 5.55 | 10.09 | 9.15 | 5.56 | 5.65 |
| Net Debt / Equity | — | 3.41 | 2.95 | 1.76 | 3.11 | 5.88 | 1.82 | 1.59 |
| Net Debt / EBITDA | 1.00 | 1.00 | 9.21 | 5.08 | 9.54 | 8.07 | 4.80 | 4.88 |
| Debt / FCF | — | — | — | — | — | — | 132.92 | 14.51 |
| Interest Coverage | 4.97 | 4.97 | — | 0.69 | — | — | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.47 | 0.47 | 0.61 | 0.57 | 0.82 | 0.69 | 0.98 | 1.01 |
| Quick Ratio | 0.47 | 0.47 | 0.61 | 0.57 | 0.82 | 0.69 | 0.98 | 1.01 |
| Cash Ratio | 0.16 | 0.16 | 0.21 | 0.16 | 0.12 | 0.16 | 0.18 | 0.19 |
| Asset Turnover | — | 1.67 | 0.43 | 0.36 | 0.25 | 0.40 | 0.58 | 0.59 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
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 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.5% | — | — | — | — | — | — | — |
| Payout Ratio | 123.1% | 123.1% | — | 3.5% | 10.5% | 112.9% | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 22.6% | 47.1% | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — |
| Buyback Yield | 5.2% | — | — | — | — | — | — | — |
| Total Shareholder Yield | 6.7% | — | — | — | — | — | — | — |
| Shares Outstanding | — | $70M | $73M | $99M | $99M | $74M | $99M | $99M |
High subsidiary-level leverage
Based on reported figures, BBUC trades at a forward P/E of 5.39, which appears to reflect a significant conglomerate discount compared to pure-play asset managers like Blackstone, suggesting the market struggles to price the disparate risk profiles of its nuclear and industrial service subsidiaries.
The valuation gap relative to peers like KKR and BX implies that investors are applying a heavy discount to the firm's consolidated earnings, likely due to the complexity of its paired-entity structure. This low multiple may indicate that the market is pricing in the volatility of project-based revenue rather than the long-term stability of its infrastructure-linked assets.
As reported in financial statements, BBUC's net margin of 0.09% in 2026Q1 highlights a strained profitability profile, where high depreciation and interest expenses from capital-intensive subsidiaries frequently offset operating gains, leaving little room for error in its turnaround-focused business model.
The disparity between gross margins, which peaked at 20.8% in 2025Q4, and the razor-thin net margin suggests that the firm's earning power is heavily diluted by non-cash charges and debt-servicing costs. Investors should monitor whether future margin expansion can be achieved through operational efficiencies or if it remains tethered to the cyclicality of its construction-heavy business services segment.
According to quarterly data, BBUC's ROIC has remained largely stagnant, fluctuating between 0.0% and 2.1% over the last ten quarters, which indicates that the company is struggling to generate meaningful returns on its invested capital compared to the double-digit ROIC seen in peers like Apollo.
The low ROIC suggests that the capital-intensive nature of its nuclear and infrastructure holdings requires significant ongoing investment that suppresses overall returns. This trend warrants further investigation into whether the firm's 'buy-fix-sell' strategy is effectively creating value or if it is merely recycling capital into assets with structurally low return profiles.
As indicated by recent SEC filings, BBUC's debt-to-equity ratio reached 2.94 in 2026Q1, a figure that likely masks significant non-recourse debt at the subsidiary level, creating a vulnerable balance sheet that remains highly sensitive to interest rate fluctuations and refinancing risks.
The volatility in the debt-to-equity ratio, which swung from 1.88 to 3.79 over the past two years, suggests that the firm's capital structure is heavily influenced by the timing of acquisitions and debt-funded turnarounds. This reliance on leverage may limit the company's ability to navigate a prolonged high-interest-rate environment without impacting its equity value.
The most commonly misapplied metric for BBUC is GAAP net income, which, based on reported figures, is frequently distorted by massive non-cash depreciation and consolidation accounting, obscuring the true cash-generating potential of its underlying private equity-style portfolio.
Analysts should prioritize Distributable Earnings (DE) over GAAP metrics to better assess the firm's ability to fund distributions and service debt. Relying on traditional P/E ratios for this business model is misleading, as it fails to account for the unrealized value within its private holdings and the lumpy nature of its acquisition-driven revenue recognition.
Includes 30+ ratios · 7 years · Updated daily
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Quick answers to the most common questions about buying BBUC stock.
Brookfield Business Corporation's current P/E ratio is -100.7x. The historical average is 3.3x.
Brookfield Business Corporation's current EV/EBITDA is 1.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.5x.
Brookfield Business Corporation's return on equity (ROE) is 1.1%. The historical average is 2.3%.
Based on historical data, Brookfield Business Corporation is trading at a P/E of -100.7x. Compare with industry peers and growth rates for a complete picture.
Brookfield Business Corporation's current dividend yield is 1.51% with a payout ratio of 123.1%.
Brookfield Business Corporation has 19.3% gross margin and 15.1% operating margin. Operating margin between 10-20% is typical for established companies.
Brookfield Business Corporation's Debt/EBITDA ratio is 1.1x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.