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Side-by-side financial comparison of Brookfield Business Partners L.P. (BBU) and Legence Corp. (LGN). 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 $708.0M, roughly 9.5× Legence Corp.). Brookfield Business Partners L.P. runs the higher net margin — 2.0% vs -0.1%, a 2.1% gap on every dollar of revenue. On growth, Legence Corp. posted the faster year-over-year revenue change (26.2% 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.

Legence Corp is a leading sustainable building and decarbonization solution provider. It delivers energy efficiency optimization, building automation design, renewable energy integration, and low-carbon retrofit services for commercial, industrial, and institutional clients, with core operations across North America to help customers cut costs and reduce carbon footprints.

BBU vs LGN — Head-to-Head

Bigger by revenue
BBU
BBU
9.5× larger
BBU
$6.7B
$708.0M
LGN
Growing faster (revenue YoY)
LGN
LGN
+70.2% gap
LGN
26.2%
-44.0%
BBU
Higher net margin
BBU
BBU
2.1% more per $
BBU
2.0%
-0.1%
LGN

Income Statement — Q2 2025 vs Q3 2025

Metric
BBU
BBU
LGN
LGN
Revenue
$6.7B
$708.0M
Net Profit
$135.0M
$-576.0K
Gross Margin
20.9%
Operating Margin
5.3%
Net Margin
2.0%
-0.1%
Revenue YoY
-44.0%
26.2%
Net Profit YoY
107.7%
46.8%
EPS (diluted)
$0.12
$-0.02

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
LGN
LGN
Q3 25
$708.0M
Q2 25
$6.7B
Q3 24
$560.8M
Q2 24
$11.9B
Q2 23
$13.5B
Q2 22
$14.6B
Net Profit
BBU
BBU
LGN
LGN
Q3 25
$-576.0K
Q2 25
$135.0M
Q3 24
$-1.1M
Q2 24
$65.0M
Q2 23
$41.0M
Q2 22
$280.0M
Gross Margin
BBU
BBU
LGN
LGN
Q3 25
20.9%
Q2 25
Q3 24
21.1%
Q2 24
Q2 23
Q2 22
Operating Margin
BBU
BBU
LGN
LGN
Q3 25
5.3%
Q2 25
Q3 24
4.8%
Q2 24
Q2 23
Q2 22
Net Margin
BBU
BBU
LGN
LGN
Q3 25
-0.1%
Q2 25
2.0%
Q3 24
-0.2%
Q2 24
0.5%
Q2 23
0.3%
Q2 22
1.9%
EPS (diluted)
BBU
BBU
LGN
LGN
Q3 25
$-0.02
Q2 25
$0.12
Q3 24
Q2 24
$-0.10
Q2 23
$-0.22
Q2 22
$0.62

Balance Sheet & Financial Strength

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

Metric
BBU
BBU
LGN
LGN
Cash + ST InvestmentsLiquidity on hand
$3.3B
$176.0M
Total DebtLower is stronger
$812.6M
Stockholders' EquityBook value
$15.3B
$387.9M
Total Assets
$75.3B
$2.6B
Debt / EquityLower = less leverage
2.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBU
BBU
LGN
LGN
Q3 25
$176.0M
Q2 25
$3.3B
Q3 24
Q2 24
$3.0B
Q2 23
$3.0B
Q2 22
$2.4B
Total Debt
BBU
BBU
LGN
LGN
Q3 25
$812.6M
Q2 25
Q3 24
Q2 24
Q2 23
Q2 22
Stockholders' Equity
BBU
BBU
LGN
LGN
Q3 25
$387.9M
Q2 25
$15.3B
Q3 24
Q2 24
$18.2B
Q2 23
$18.9B
Q2 22
$14.0B
Total Assets
BBU
BBU
LGN
LGN
Q3 25
$2.6B
Q2 25
$75.3B
Q3 24
Q2 24
$81.5B
Q2 23
$90.3B
Q2 22
$77.3B
Debt / Equity
BBU
BBU
LGN
LGN
Q3 25
2.10×
Q2 25
Q3 24
Q2 24
Q2 23
Q2 22

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
LGN
LGN
Operating Cash FlowLast quarter
$162.1M
Free Cash FlowOCF − Capex
$137.4M
FCF MarginFCF / Revenue
19.4%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBU
BBU
LGN
LGN
Q3 25
$162.1M
Q2 25
Q3 24
Q2 24
Q2 23
Q2 22
Free Cash Flow
BBU
BBU
LGN
LGN
Q3 25
$137.4M
Q2 25
Q3 24
Q2 24
Q2 23
Q2 22
FCF Margin
BBU
BBU
LGN
LGN
Q3 25
19.4%
Q2 25
Q3 24
Q2 24
Q2 23
Q2 22
Capex Intensity
BBU
BBU
LGN
LGN
Q3 25
3.5%
Q2 25
Q3 24
Q2 24
Q2 23
Q2 22

Financial Flow Comparison

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

Revenue Breakdown by Segment

BBU
BBU

Segment breakdown not available.

LGN
LGN

Installation And Fabrication$408.7M58%
Engineering And Design$110.9M16%
Program And Project Management$101.2M14%
Maintenance And Service$87.1M12%

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