Tearsheet

Brookfield Business (BBUC)


Market Price (12/4/2025): $35.71 | Market Cap: $2.5 Bil
Sector: Financials | Industry: Asset Management & Custody Banks

Brookfield Business (BBUC)


Market Price (12/4/2025): $35.71
Market Cap: $2.5 Bil
Sector: Financials
Industry: Asset Management & Custody Banks

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Low stock price volatility
Vol 12M is 40%
Trading close to highs
Dist 52W High is -4.4%, Dist 3Y High is -4.4%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 314%
1 Megatrend and thematic drivers
Megatrends include Renewable Energy Transition, and Sustainable Infrastructure. Themes include Solar Energy Generation, Wind Energy Development, Show more.
Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 14.02
Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 26x
2   Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.9%, Rev Chg QQuarterly Revenue Change % is -24%
3   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -49%
0 Low stock price volatility
Vol 12M is 40%
1 Megatrend and thematic drivers
Megatrends include Renewable Energy Transition, and Sustainable Infrastructure. Themes include Solar Energy Generation, Wind Energy Development, Show more.
2 Trading close to highs
Dist 52W High is -4.4%, Dist 3Y High is -4.4%
3 Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 14.02
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 314%
5 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 26x
6 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.9%, Rev Chg QQuarterly Revenue Change % is -24%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -49%

Valuation, Metrics & Events

BBUC Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

The stock of Brookfield Business (BBUC) experienced an upward movement during the approximate period from August 31, 2025, to December 4, 2025, influenced by several key developments. 1. Corporate Structure Simplification: Brookfield Business Partners announced plans to simplify its corporate structure by converting all limited partnership units and BBUC shares into a single publicly traded Canadian corporation. This initiative, announced in September 2025 and further detailed in November 2025, was met with positive investor reception, leading to an increase in the consolidated market capitalization. 2. Strategic Acquisition of a Canadian Mortgage Lender: In October 2025, the company completed the acquisition of First National Financial Corporation, a prominent Canadian residential and multi-family mortgage lender, for $2.6 billion. This strategic move was positively received by investors as a step towards business growth. 3.

Show more

Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
BBUC Return---26%5%49%97%
Peers Return23%18%-13%10%1%1%42%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
BBUC Win Rate--22%58%50%60% 
Peers Win Rate67%50%35%56%48%45% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
BBUC Max Drawdown----24%-20%-9% 
Peers Max Drawdown-39%-13%-31%-11%-12%-16% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: VRTS, SLRC, DHIL, GEG, BLKS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique KeyEventBBUCS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-58.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven140.0%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven665 days464 days

Compare to VRTS, SLRC, DHIL, GEG, BLKS


In The Past

Brookfield Business's stock fell -58.3% during the 2022 Inflation Shock from a high on 3/25/2022. A -58.3% loss requires a 140.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Brookfield Business (BBUC)

Better Bets than Brookfield Business (BBUC)

Latest Trefis Analyses

Trade Ideas

Select past ideas related to BBUC. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.4%3.4%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
9.5%9.5%0.0%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.1%0.1%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.1%-0.1%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-7.7%-7.7%-11.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.4%3.4%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
9.5%9.5%0.0%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.1%0.1%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.1%-0.1%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-7.7%-7.7%-11.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Brookfield Business

Peers to compare with:

Financials

BBUCVRTSSLRCDHILGEGBLKSMedian
NameBrookfie.Virtus I.SLR Inve.Diamond .Great ElmBlack Un. 
Mkt Price35.70163.1616.02116.902.60-35.70
Mkt Cap2.51.10.90.30.1-0.9
Rev LTM7,71387410015216-152
Op Inc LTM92179-44-8-68
FCF LTM-70104-35-9-30
FCF 3Y Avg-12513816-10-71
CFO LTM-77104-32-9-34
CFO 3Y Avg-13213817-9-75

Growth & Margins

BBUCVRTSSLRCDHILGEGBLKSMedian
NameBrookfie.Virtus I.SLR Inve.Diamond .Great ElmBlack Un. 
Rev Chg LTM-2.9%-1.2%-6.2%2.9%-8.5%--2.9%
Rev Chg 3Y Avg9.9%-2.4%159.6%-2.1%13.5%-9.9%
Rev Chg Q-23.9%-4.8%8.2%-2.0%-37.1%--4.8%
QoQ Delta Rev Chg LTM-6.4%-1.2%2.1%-0.6%-16.9%--1.2%
Op Mgn LTM1.2%20.5%-28.8%-49.1%-10.8%
Op Mgn 3Y Avg5.1%18.9%-26.5%-74.1%-12.0%
QoQ Delta Op Mgn LTM-0.3%-0.1%--0.2%-6.5%--0.2%
CFO/Rev LTM-8.9%104.5%-21.2%-55.2%--6.2%
CFO/Rev 3Y Avg-15.6%142.9%11.7%-56.6%-13.6%
FCF/Rev LTM-8.0%104.5%-23.1%-55.2%--7.6%
FCF/Rev 3Y Avg-14.7%142.9%11.0%-66.7%-12.9%

Valuation

BBUCVRTSSLRCDHILGEGBLKSMedian
NameBrookfie.Virtus I.SLR Inve.Diamond .Great ElmBlack Un. 
Mkt Cap2.51.10.90.30.1-0.9
P/S0.31.58.32.53.4-2.5
P/EBIT25.53.6-8.72.8-6.1
P/E-2.29.49.38.14.3-8.1
P/CFO-16.68.0-11.8-6.1-0.9
Total Yield-45.2%15.6%21.5%16.6%23.4%-16.6%
Dividend Yield0.6%5.0%10.7%4.3%0.0%-4.3%
FCF Yield 3Y Avg-8.7%16.7%2.9%-17.7%-5.8%
D/E3.42.01.40.01.1-1.4
Net D/E3.11.60.9-0.1-0.9-0.9

Returns

BBUCVRTSSLRCDHILGEGBLKSMedian
NameBrookfie.Virtus I.SLR Inve.Diamond .Great ElmBlack Un. 
1M Rtn0.4%1.8%4.2%-5.3%4.4%-1.8%
3M Rtn8.8%-14.1%-0.8%-14.0%-15.9%--14.0%
6M Rtn23.8%-1.2%0.7%-10.1%20.6%-0.7%
12M Rtn31.4%-30.3%5.6%-24.3%43.6%-5.6%
3Y Rtn76.2%-7.0%43.3%-24.8%31.3%-31.3%
1M Excs Rtn0.4%1.8%4.2%-5.3%4.5%-1.8%
3M Excs Rtn0.7%-21.2%-6.9%-21.0%-18.7%--18.7%
6M Excs Rtn9.0%-15.9%-14.1%-24.8%5.9%--14.1%
12M Excs Rtn16.9%-44.0%-8.0%-37.4%29.3%--8.0%
3Y Excs Rtn1.2%-75.8%-22.7%-96.4%-43.4%--43.4%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity1,911,970
Short Interest: % Change Since 1031202511.7%
Average Daily Volume136,361
Days-to-Cover Short Interest14.02
Basic Shares Quantity69,996,738
Short % of Basic Shares2.7%

SEC Filings

Expand for More

Report DateFiling DateFiling
9302025110620256-K 9/30/2025
630202580820256-K 6/30/2025
331202550620256-K 3/31/2025
12312024401202520-F 12/31/2024
9302024111320246-K 9/30/2024
630202480820246-K 6/30/2024
331202450720246-K 3/31/2024
12312023301202420-F 12/31/2023
9302023110720236-K 9/30/2023
630202380920236-K 6/30/2023
331202350920236-K 3/31/2023
12312022317202320-F 12/31/2022
9302022110720226-K 9/30/2022
630202280520226-K 6/30/2022
331202251320226-K 3/31/2022
12312021330202220-F 12/31/2021