Brookfield Business Partners L.P. (BBU)

NYSE: BBU · IEX Real-Time Price · USD
19.58
-0.17 (-0.86%)
Apr 24, 2024, 4:00 PM EDT - Market closed
-0.86%
Market Cap 1.45B
Revenue (ttm) 55.07B
Net Income (ttm) 482.00M
Shares Out 74.28M
EPS (ttm) 6.49
PE Ratio 3.04
Forward PE 1.52
Dividend $0.25 (1.28%)
Ex-Dividend Date Feb 28, 2024
Volume 3,489
Open 19.77
Previous Close 19.75
Day's Range 19.49 - 19.86
52-Week Range 12.22 - 23.75
Beta 1.42
Analysts Buy
Price Target 28.00 (+43.0%)
Earnings Date May 3, 2024

About BBU

Brookfield Business Partners L.P. is a private equity firm specializing in acquisition. The firm typically invests in business services, infrastructure services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments. Brookfield Business Partners L.P. was founded in 2016 and is based in Hamilton, Bermuda. Brookfield Business Partners L.P. operates as a subsidiary of Brookfield Corporation. [Read more]

Industry Conglomerates
Sector Industrials
CEO Anuj Ranjan
Employees 72,000
Stock Exchange NYSE
Ticker Symbol BBU
Full Company Profile

Financial Performance

In 2023, BBU's revenue was $55.07 billion, a decrease of -4.04% compared to the previous year's $57.39 billion. Earnings were $482.00 million, an increase of 1238.89%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for BBU stock is "Buy." The 12-month stock price forecast is $28.0, which is an increase of 43.00% from the latest price.

Price Target
$28.0
(43.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CLARIOS TO SUPPLY MAJOR AUTOMAKER WITH NEW HIGH-PERFORMANCE AGM BATTERY TO HELP IMPROVE FUEL ECONOMY AND REDUCE CO2 EMISSIONS

New AGM battery technology s ignificantly improves rechargeability Highly efficient recharging supports OEM sustainability goals New AGM offers in many cases up to 80% reduction in CO2 emissions over ...

15 days ago - PRNewsWire

Brookfield Business Partners L.P. 2024 First Quarter Conference Call and Webcast for Investors and Analysts

Date: Friday, May 3, 2024 Time: 10:00 a.m. (Eastern Time) BROOKFIELD, NEWS, March 15, 2024 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners' 2024 First Quarter Confer...

5 weeks ago - GlobeNewsWire

Brookfield Business Partners Completes 2023 Annual Filings

BROOKFIELD, NEWS, March 01, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC) announced today the filing of its 2023 annual reports, including its audited fina...

7 weeks ago - GlobeNewsWire

Brookfield Business Partners Reports Net Income of $1.4 Billion in the Quarter

BROOKFIELD, NEWS, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) announced today financial results for the year ended December 31, 2023.

2 months ago - GlobeNewsWire

EVERISE ANNOUNCES SUCCESSFUL CLOSURE OF INVESTMENT BY WARBURG PINCUS, JOINING BROOKFIELD FOR THE NEXT PHASE OF GROWTH

NEW YORK, SINGAPORE and MUMBAI, Dec. 20, 2023 /PRNewswire/ -- Everise, a leading global healthcare services outsourcing company, announced today the successful completion of the company's previously a...

Other symbols: BAM
4 months ago - PRNewsWire

Brookfield Business Partners L.P. 2023 Fourth Quarter Conference Call and Webcast for Investors and Analysts

Date: Friday, February 2, 2024 Time: 10:00 a.m. (Eastern Time) BROOKFIELD, NEWS, Dec. 15, 2023 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners' 2023 Fourth Quarter C...

4 months ago - GlobeNewsWire

Brookfield's Private Equity Group Completes Sale of Westinghouse

BROOKFIELD News, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) and its listed affiliate Brookfield Business Partners (NYSE: BBU; TSX: BBU.UN) today announced the ...

6 months ago - GlobeNewsWire

Sale of Westinghouse Receives Regulatory Approval

BROOKFIELD News, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) and its listed affiliate Brookfield Business Partners (NYSE: BBU; TSX: BBU.UN) today announced the ...

6 months ago - GlobeNewsWire

Brookfield Business Partners Reports Third Quarter 2023 Results

BROOKFIELD, NEWS, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) announced today financial results for the quarter ended September 30, 2023.

6 months ago - GlobeNewsWire

Brookfield Business Partners L.P. 2023 Third Quarter Conference Call and Webcast for Investors and Analysts

Date: Friday, November 3, 2023 Time: 9:30 a.m. (Eastern Time) BROOKFIELD NEWS, Sept.

7 months ago - GlobeNewsWire

Brookfield Business Partners Completes Filing of Recast Annual Financial Statements

BROOKFIELD, News, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN) (“Brookfield Business Partners”) today announced that it has filed recast audited consol...

7 months ago - GlobeNewsWire

Karthik Rao Named CEO of Nielsen

A 23-year veteran of nearly every aspect of Nielsen's business, Rao will take the global leader in audience measurement, data and analytics into the future David Kenny to become Executive Chairman NEW...

Other symbols: BBUC
7 months ago - PRNewsWire

Brookfield Business Partners Announces Renewal of Normal Course Issuer Bids for Units and Exchangeable Shares

BROOKFIELD, News, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) today announced that the Toronto Stock Exchange (“TSX”) has accepted a notice file...

9 months ago - GlobeNewsWire

Brookfield Business Partners Reports Second Quarter 2023 Results

BROOKFIELD, NEWS, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) announced today financial results for the quarter ended June 30, 2023.

9 months ago - GlobeNewsWire

Brookfield Business Partners L.P. 2023 Second Quarter Conference Call and Webcast for Investors and Analysts

Date: Friday, August 4, 2023 Time: 9:30 a.m. (Eastern Time) BROOKFIELD, NEWS, June 27, 2023 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners' 2023 Second Quarter Conf...

10 months ago - GlobeNewsWire

Brookfield Business Partners Reports First Quarter 2023 Results

BROOKFIELD, News, May 05, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) announced today financial results for the quarter ended March 31, 2023.

1 year ago - GlobeNewsWire

CLARIOS COMPLETES UPSIZED PRIVATE OFFERING OF $750 MILLION 6.750% SENIOR SECURED NOTES DUE 2028 AND UPSIZED $2.75 BILLION TERM LOAN FACILITY MATURING 2030

MILWAUKEE , May 4, 2023 /PRNewswire/ -- Clarios Global LP ("Clarios" or the "Company") announced today that it successfully closed its offering of $750 million in aggregate principal amount of senior ...

Other symbols: BBUC
1 year ago - PRNewsWire

CLARIOS ANNOUNCES PRICING OF UPSIZED PRIVATE OFFERING OF $750 MILLION 6.750% SENIOR SECURED NOTES DUE 2028 AND UPSIZED $2.75 BILLION TERM LOAN FACILITY MATURING 2030

MILWAUKEE, April 24, 2023 /PRNewswire/ -- Clarios Global LP ("Clarios" or the "Company") announced today that on April 20, 2023 it priced $750 million in aggregate principal amount of senior secured n...

Other symbols: BBUC
1 year ago - PRNewsWire

Brookfield Business Partners L.P. 2023 First Quarter Conference Call and Webcast for Investors and Analysts

Date: Friday, May 5, 2023 Time: 10:30 a.m. (Eastern Time)

1 year ago - GlobeNewsWire

Brookfield Business Partners Completes 2022 Annual Filings

BROOKFIELD, NEWS, March 06, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN) today announced that it has filed its 2022 annual report on Form 20-F, including its aud...

1 year ago - GlobeNewsWire

Brookfield Business Partners Reports 2022 Year End Results

BROOKFIELD, NEWS, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) announced today financial results for the year ended December 31, 2022.

1 year ago - GlobeNewsWire

Brookfield Business Partners Obtains Exemptive Relief and Files Disclosure Document in Connection with Sale of Westinghouse

BROOKFIELD, NEWS, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) today announced that it has received exemptive relief from the Ontario Securities ...

1 year ago - GlobeNewsWire

Brookfield Business Partners L.P. 2022 Fourth Quarter Conference Call and Webcast for Investors and Analysts

Date: Friday, February 3, 2023 Time: 11:00 a.m. (Eastern Time)

1 year ago - GlobeNewsWire

Brookfield Business Partners Reports Third Quarter 2022 Results

Brookfield, News, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) announced today financial results for the quarter ended September 30, 2022.

1 year ago - GlobeNewsWire

Leading Uranium Supplier Makes Important Acquisition

One of the most interesting merger and acquisition deals of the year occurred this month when Cameco Corp. ( CCJ , Financial) agreed to purchased Westinghouse Electric from Brookfield Business Partner...

Other symbols: BEPCCJ
1 year ago - GuruFocus