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Side-by-side financial comparison of Brookfield Business Partners L.P. (BBU) and Limbach Holdings, Inc. (LMB). 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 $186.9M, roughly 35.8× Limbach Holdings, Inc.). Limbach Holdings, Inc. runs the higher net margin — 6.6% vs 2.0%, a 4.6% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (30.1% 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.

Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.

BBU vs LMB — Head-to-Head

Bigger by revenue
BBU
BBU
35.8× larger
BBU
$6.7B
$186.9M
LMB
Growing faster (revenue YoY)
LMB
LMB
+74.0% gap
LMB
30.1%
-44.0%
BBU
Higher net margin
LMB
LMB
4.6% more per $
LMB
6.6%
2.0%
BBU

Income Statement — Q2 2025 vs Q4 2025

Metric
BBU
BBU
LMB
LMB
Revenue
$6.7B
$186.9M
Net Profit
$135.0M
$12.3M
Gross Margin
25.7%
Operating Margin
9.4%
Net Margin
2.0%
6.6%
Revenue YoY
-44.0%
30.1%
Net Profit YoY
107.7%
25.0%
EPS (diluted)
$0.12
$1.01

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
LMB
LMB
Q4 25
$186.9M
Q3 25
$184.6M
Q2 25
$6.7B
$142.2M
Q1 25
$133.1M
Q4 24
$143.7M
Q3 24
$133.9M
Q2 24
$11.9B
$122.2M
Q1 24
$119.0M
Net Profit
BBU
BBU
LMB
LMB
Q4 25
$12.3M
Q3 25
$8.8M
Q2 25
$135.0M
$7.8M
Q1 25
$10.2M
Q4 24
$9.8M
Q3 24
$7.5M
Q2 24
$65.0M
$6.0M
Q1 24
$7.6M
Gross Margin
BBU
BBU
LMB
LMB
Q4 25
25.7%
Q3 25
24.2%
Q2 25
28.0%
Q1 25
27.6%
Q4 24
30.3%
Q3 24
27.0%
Q2 24
27.4%
Q1 24
26.1%
Operating Margin
BBU
BBU
LMB
LMB
Q4 25
9.4%
Q3 25
7.2%
Q2 25
7.5%
Q1 25
5.9%
Q4 24
9.1%
Q3 24
8.1%
Q2 24
6.7%
Q1 24
5.5%
Net Margin
BBU
BBU
LMB
LMB
Q4 25
6.6%
Q3 25
4.8%
Q2 25
2.0%
5.5%
Q1 25
7.7%
Q4 24
6.9%
Q3 24
5.6%
Q2 24
0.5%
4.9%
Q1 24
6.4%
EPS (diluted)
BBU
BBU
LMB
LMB
Q4 25
$1.01
Q3 25
$0.73
Q2 25
$0.12
$0.64
Q1 25
$0.85
Q4 24
$0.81
Q3 24
$0.62
Q2 24
$-0.10
$0.50
Q1 24
$0.64

Balance Sheet & Financial Strength

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

Metric
BBU
BBU
LMB
LMB
Cash + ST InvestmentsLiquidity on hand
$3.3B
$11.3M
Total DebtLower is stronger
$30.5M
Stockholders' EquityBook value
$15.3B
$195.7M
Total Assets
$75.3B
$381.1M
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBU
BBU
LMB
LMB
Q4 25
$11.3M
Q3 25
$9.8M
Q2 25
$3.3B
$38.9M
Q1 25
$38.1M
Q4 24
$44.9M
Q3 24
$51.2M
Q2 24
$3.0B
$59.5M
Q1 24
$48.2M
Total Debt
BBU
BBU
LMB
LMB
Q4 25
$30.5M
Q3 25
$56.3M
Q2 25
$28.4M
Q1 25
$23.7M
Q4 24
$23.6M
Q3 24
$20.5M
Q2 24
$19.7M
Q1 24
$19.4M
Stockholders' Equity
BBU
BBU
LMB
LMB
Q4 25
$195.7M
Q3 25
$181.6M
Q2 25
$15.3B
$170.5M
Q1 25
$161.1M
Q4 24
$153.5M
Q3 24
$142.2M
Q2 24
$18.2B
$133.0M
Q1 24
$125.5M
Total Assets
BBU
BBU
LMB
LMB
Q4 25
$381.1M
Q3 25
$409.1M
Q2 25
$75.3B
$343.0M
Q1 25
$336.4M
Q4 24
$352.1M
Q3 24
$324.4M
Q2 24
$81.5B
$303.9M
Q1 24
$289.2M
Debt / Equity
BBU
BBU
LMB
LMB
Q4 25
0.16×
Q3 25
0.31×
Q2 25
0.17×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.14×
Q2 24
0.15×
Q1 24
0.15×

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
LMB
LMB
Operating Cash FlowLast quarter
$28.1M
Free Cash FlowOCF − Capex
$27.9M
FCF MarginFCF / Revenue
14.9%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
2.29×
TTM Free Cash FlowTrailing 4 quarters
$41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBU
BBU
LMB
LMB
Q4 25
$28.1M
Q3 25
$13.3M
Q2 25
$2.0M
Q1 25
$2.2M
Q4 24
$19.3M
Q3 24
$4.9M
Q2 24
$16.5M
Q1 24
$-3.9M
Free Cash Flow
BBU
BBU
LMB
LMB
Q4 25
$27.9M
Q3 25
$12.8M
Q2 25
$1.2M
Q1 25
$11.0K
Q4 24
$18.0M
Q3 24
$4.6M
Q2 24
$13.2M
Q1 24
$-6.5M
FCF Margin
BBU
BBU
LMB
LMB
Q4 25
14.9%
Q3 25
7.0%
Q2 25
0.8%
Q1 25
0.0%
Q4 24
12.5%
Q3 24
3.4%
Q2 24
10.8%
Q1 24
-5.5%
Capex Intensity
BBU
BBU
LMB
LMB
Q4 25
0.1%
Q3 25
0.3%
Q2 25
0.6%
Q1 25
1.7%
Q4 24
0.9%
Q3 24
0.3%
Q2 24
2.7%
Q1 24
2.1%
Cash Conversion
BBU
BBU
LMB
LMB
Q4 25
2.29×
Q3 25
1.52×
Q2 25
0.26×
Q1 25
0.22×
Q4 24
1.96×
Q3 24
0.66×
Q2 24
2.77×
Q1 24
-0.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BBU
BBU

Segment breakdown not available.

LMB
LMB

Owner Direct Relationships Segment$145.0M78%
General Contractor Construction Manager Relationships Segment$41.9M22%

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