vs

Side-by-side financial comparison of Brookfield Property Partners L.P. (BPYPP) and KBR, INC. (KBR). Click either name above to swap in a different company.

KBR, INC. is the larger business by last-quarter revenue ($1.9B vs $1.8B, roughly 1.1× Brookfield Property Partners L.P.). KBR, INC. runs the higher net margin — 6.0% vs -2.6%, a 8.5% gap on every dollar of revenue. On growth, KBR, INC. posted the faster year-over-year revenue change (-0.8% vs -25.6%).

Brookfield Property Partners L.P. is a limited partnership that owns office buildings and shopping centers/shopping malls, as well as minority limited partner interests in investment funds sponsored by affiliates that invest in other types of commercial property. It is headquartered in Hamilton, Bermuda.

KBR, Inc. is a U.S. based company operating in fields of science, technology and engineering. KBR works in various markets including aerospace, defense, industrial, intelligence, and energy. The company supports various NASA programs, international partner space agencies, and commercial partners.

BPYPP vs KBR — Head-to-Head

Bigger by revenue
KBR
KBR
1.1× larger
KBR
$1.9B
$1.8B
BPYPP
Growing faster (revenue YoY)
KBR
KBR
+24.8% gap
KBR
-0.8%
-25.6%
BPYPP
Higher net margin
KBR
KBR
8.5% more per $
KBR
6.0%
-2.6%
BPYPP

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
BPYPP
BPYPP
KBR
KBR
Revenue
$1.8B
$1.9B
Net Profit
$-46.0M
$115.0M
Gross Margin
14.0%
Operating Margin
9.9%
Net Margin
-2.6%
6.0%
Revenue YoY
-25.6%
-0.8%
Net Profit YoY
94.2%
15.0%
EPS (diluted)
$0.90

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
BPYPP
BPYPP
KBR
KBR
Q4 25
$1.9B
Q3 25
$2.0B
Q2 25
$1.8B
$2.1B
Q2 24
$2.4B
Q2 23
$2.3B
Q2 22
$1.7B
Net Profit
BPYPP
BPYPP
KBR
KBR
Q4 25
$115.0M
Q3 25
$73.0M
Q2 25
$-46.0M
$116.0M
Q2 24
$-789.0M
Q2 23
$-458.0M
Q2 22
$520.0M
Gross Margin
BPYPP
BPYPP
KBR
KBR
Q4 25
14.0%
Q3 25
14.9%
Q2 25
14.5%
Q2 24
Q2 23
Q2 22
Operating Margin
BPYPP
BPYPP
KBR
KBR
Q4 25
9.9%
Q3 25
9.9%
Q2 25
9.5%
Q2 24
Q2 23
Q2 22
Net Margin
BPYPP
BPYPP
KBR
KBR
Q4 25
6.0%
Q3 25
3.7%
Q2 25
-2.6%
5.6%
Q2 24
-32.6%
Q2 23
-19.7%
Q2 22
29.8%
EPS (diluted)
BPYPP
BPYPP
KBR
KBR
Q4 25
$0.90
Q3 25
$0.56
Q2 25
$0.88
Q2 24
Q2 23
Q2 22

Balance Sheet & Financial Strength

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

Metric
BPYPP
BPYPP
KBR
KBR
Cash + ST InvestmentsLiquidity on hand
$1.7B
$539.0M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$40.2B
$1.5B
Total Assets
$98.9B
$6.6B
Debt / EquityLower = less leverage
1.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BPYPP
BPYPP
KBR
KBR
Q4 25
$539.0M
Q3 25
$403.0M
Q2 25
$1.7B
$442.0M
Q2 24
$2.4B
Q2 23
$2.8B
Q2 22
$2.2B
Total Debt
BPYPP
BPYPP
KBR
KBR
Q4 25
$2.6B
Q3 25
$2.6B
Q2 25
$2.7B
Q2 24
Q2 23
Q2 22
Stockholders' Equity
BPYPP
BPYPP
KBR
KBR
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$40.2B
$1.4B
Q2 24
$48.5B
Q2 23
$47.3B
Q2 22
$43.5B
Total Assets
BPYPP
BPYPP
KBR
KBR
Q4 25
$6.6B
Q3 25
$6.8B
Q2 25
$98.9B
$6.8B
Q2 24
$132.6B
Q2 23
$130.0B
Q2 22
$105.5B
Debt / Equity
BPYPP
BPYPP
KBR
KBR
Q4 25
1.78×
Q3 25
1.76×
Q2 25
1.94×
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
BPYPP
BPYPP
KBR
KBR
Operating Cash FlowLast quarter
$198.0M
Free Cash FlowOCF − Capex
$190.0M
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BPYPP
BPYPP
KBR
KBR
Q4 25
$198.0M
Q3 25
Q2 25
$98.0M
Q2 24
Q2 23
Q2 22
Free Cash Flow
BPYPP
BPYPP
KBR
KBR
Q4 25
$190.0M
Q3 25
Q2 25
$89.0M
Q2 24
Q2 23
Q2 22
FCF Margin
BPYPP
BPYPP
KBR
KBR
Q4 25
9.8%
Q3 25
Q2 25
4.3%
Q2 24
Q2 23
Q2 22
Capex Intensity
BPYPP
BPYPP
KBR
KBR
Q4 25
0.4%
Q3 25
0.4%
Q2 25
0.4%
Q2 24
Q2 23
Q2 22
Cash Conversion
BPYPP
BPYPP
KBR
KBR
Q4 25
1.72×
Q3 25
Q2 25
0.84×
Q2 24
Q2 23
Q2 22

Financial Flow Comparison

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

Revenue Breakdown by Segment

BPYPP
BPYPP

Segment breakdown not available.

KBR
KBR

U.S.Government Defense And Intelligence Clients$832.0M43%
Sustainable Technology Solutions$525.0M27%
Science And Space$292.0M15%
Corporate Joint Venture$172.0M9%
Commercial And Infrastructure$64.0M3%
Other$46.0M2%

Related Comparisons