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Side-by-side financial comparison of Brookfield Business Partners L.P. (BBU) and Henry Schein (HSIC). Click either name above to swap in a different company.

Brookfield Business Partners L.P. is the larger business by last-quarter revenue ($6.7B vs $3.4B, roughly 1.9× Henry Schein). Henry Schein runs the higher net margin — 2.9% vs 2.0%, a 0.9% gap on every dollar of revenue. On growth, Henry Schein posted the faster year-over-year revenue change (7.7% vs -44.0%).

Brookfield Business Partners L.P. is a publicly traded limited partnership and the primary public vehicle through which Brookfield Corporation, its parent company, owns and operates the business services and industrial operations of its private equity group. It was formed through a spin-off from Brookfield Asset Management in June 2016.

Henry Schein, Inc. is an American distributor of health care products and services, with operations in 33 countries and territories. It is the world’s largest provider of health care solutions to office-based dental and medical practitioners. For 14 consecutive years, the company has been named as one of the World's Most Ethical Companies by Ethisphere, most recently in 2025.

BBU vs HSIC — Head-to-Head

Bigger by revenue
BBU
BBU
1.9× larger
BBU
$6.7B
$3.4B
HSIC
Growing faster (revenue YoY)
HSIC
HSIC
+51.7% gap
HSIC
7.7%
-44.0%
BBU
Higher net margin
HSIC
HSIC
0.9% more per $
HSIC
2.9%
2.0%
BBU

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BBU
BBU
HSIC
HSIC
Revenue
$6.7B
$3.4B
Net Profit
$135.0M
$101.0M
Gross Margin
30.9%
Operating Margin
4.7%
Net Margin
2.0%
2.9%
Revenue YoY
-44.0%
7.7%
Net Profit YoY
107.7%
7.4%
EPS (diluted)
$0.12
$0.85

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BBU
BBU
HSIC
HSIC
Q4 25
$3.4B
Q3 25
$3.3B
Q2 25
$6.7B
$3.2B
Q1 25
$3.2B
Q4 24
$3.2B
Q3 24
$3.2B
Q2 24
$11.9B
$3.1B
Q1 24
$3.2B
Net Profit
BBU
BBU
HSIC
HSIC
Q4 25
$101.0M
Q3 25
$101.0M
Q2 25
$135.0M
$86.0M
Q1 25
$110.0M
Q4 24
$94.0M
Q3 24
$99.0M
Q2 24
$65.0M
$104.0M
Q1 24
$93.0M
Gross Margin
BBU
BBU
HSIC
HSIC
Q4 25
30.9%
Q3 25
30.7%
Q2 25
31.4%
Q1 25
31.6%
Q4 24
31.1%
Q3 24
31.3%
Q2 24
32.5%
Q1 24
31.9%
Operating Margin
BBU
BBU
HSIC
HSIC
Q4 25
4.7%
Q3 25
4.9%
Q2 25
4.7%
Q1 25
5.5%
Q4 24
4.9%
Q3 24
4.9%
Q2 24
5.1%
Q1 24
4.7%
Net Margin
BBU
BBU
HSIC
HSIC
Q4 25
2.9%
Q3 25
3.0%
Q2 25
2.0%
2.7%
Q1 25
3.5%
Q4 24
2.9%
Q3 24
3.1%
Q2 24
0.5%
3.3%
Q1 24
2.9%
EPS (diluted)
BBU
BBU
HSIC
HSIC
Q4 25
$0.85
Q3 25
$0.84
Q2 25
$0.12
$0.70
Q1 25
$0.88
Q4 24
$0.75
Q3 24
$0.78
Q2 24
$-0.10
$0.80
Q1 24
$0.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BBU
BBU
HSIC
HSIC
Cash + ST InvestmentsLiquidity on hand
$3.3B
$156.0M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$15.3B
$3.2B
Total Assets
$75.3B
$11.2B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBU
BBU
HSIC
HSIC
Q4 25
$156.0M
Q3 25
$136.0M
Q2 25
$3.3B
$145.0M
Q1 25
$127.0M
Q4 24
$122.0M
Q3 24
$126.0M
Q2 24
$3.0B
$138.0M
Q1 24
$159.0M
Total Debt
BBU
BBU
HSIC
HSIC
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$2.1B
Q1 25
$2.0B
Q4 24
$1.8B
Q3 24
$1.9B
Q2 24
$1.9B
Q1 24
$2.0B
Stockholders' Equity
BBU
BBU
HSIC
HSIC
Q4 25
$3.2B
Q3 25
$3.4B
Q2 25
$15.3B
$3.4B
Q1 25
$3.3B
Q4 24
$3.4B
Q3 24
$3.5B
Q2 24
$18.2B
$3.5B
Q1 24
$3.6B
Total Assets
BBU
BBU
HSIC
HSIC
Q4 25
$11.2B
Q3 25
$11.1B
Q2 25
$75.3B
$10.9B
Q1 25
$10.5B
Q4 24
$10.2B
Q3 24
$10.6B
Q2 24
$81.5B
$10.3B
Q1 24
$10.1B
Debt / Equity
BBU
BBU
HSIC
HSIC
Q4 25
0.71×
Q3 25
0.64×
Q2 25
0.61×
Q1 25
0.59×
Q4 24
0.54×
Q3 24
0.54×
Q2 24
0.54×
Q1 24
0.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BBU
BBU
HSIC
HSIC
Operating Cash FlowLast quarter
$381.0M
Free Cash FlowOCF − Capex
$338.0M
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
3.77×
TTM Free Cash FlowTrailing 4 quarters
$573.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBU
BBU
HSIC
HSIC
Q4 25
$381.0M
Q3 25
$174.0M
Q2 25
$120.0M
Q1 25
$37.0M
Q4 24
$204.0M
Q3 24
$151.0M
Q2 24
$296.0M
Q1 24
$197.0M
Free Cash Flow
BBU
BBU
HSIC
HSIC
Q4 25
$338.0M
Q3 25
$141.0M
Q2 25
$88.0M
Q1 25
$6.0M
Q4 24
$168.0M
Q3 24
$117.0M
Q2 24
$259.0M
Q1 24
$156.0M
FCF Margin
BBU
BBU
HSIC
HSIC
Q4 25
9.8%
Q3 25
4.2%
Q2 25
2.7%
Q1 25
0.2%
Q4 24
5.3%
Q3 24
3.7%
Q2 24
8.3%
Q1 24
4.9%
Capex Intensity
BBU
BBU
HSIC
HSIC
Q4 25
1.3%
Q3 25
1.0%
Q2 25
1.0%
Q1 25
1.0%
Q4 24
1.1%
Q3 24
1.1%
Q2 24
1.2%
Q1 24
1.3%
Cash Conversion
BBU
BBU
HSIC
HSIC
Q4 25
3.77×
Q3 25
1.72×
Q2 25
1.40×
Q1 25
0.34×
Q4 24
2.17×
Q3 24
1.53×
Q2 24
2.85×
Q1 24
2.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BBU
BBU

Segment breakdown not available.

HSIC
HSIC

Global Dental Merchandise$1.2B35%
Global Medical$1.1B31%
Global Dental Equipment$536.0M16%
Global Specialty Products$422.0M12%
Global Technology$173.0M5%
Global Value Added Services$64.0M2%
Equity Method Investee$14.0M0%

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