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Brookfield Business Partners L.P.（BBU）与勤达睿（KD）财务数据对比。点击上方公司名可切换其他公司
Brookfield Business Partners L.P.的季度营收约是勤达睿的1.7倍（$6.7B vs $3.9B），Brookfield Business Partners L.P.净利率更高（2.0% vs 1.5%，领先0.5%），勤达睿同比增速更快（3.1% vs -44.0%）
布鲁克菲尔德商业合伙有限合伙（BBU）是一家公开上市的有限合伙企业，是母公司布鲁克菲尔德集团旗下私募股权板块运营商业服务和工业业务的核心上市平台，于2016年6月从布鲁克菲尔德资产管理公司分拆成立。
勤达睿是总部位于美国纽约的跨国IT基础设施服务提供商，2021年由IBM的基础设施服务业务分拆独立成立。公司业务涵盖大型信息系统的设计、搭建、运维与开发，同时提供商业咨询服务，是目前全球最大的IT基础设施服务提供商、全球第五大咨询服务提供商。
BBU vs KD — 直观对比
营收规模更大
BBU
是对方的1.7倍
$3.9B
营收增速更快
KD
高出47.0%
-44.0%
净利率更高
BBU
高出0.5%
1.5%
损益表 — Q2 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.7B | $3.9B |
| 净利润 | $135.0M | $57.0M |
| 毛利率 | — | 21.8% |
| 营业利润率 | — | 2.4% |
| 净利率 | 2.0% | 1.5% |
| 营收同比 | -44.0% | 3.1% |
| 净利润同比 | 107.7% | -73.5% |
| 每股收益（稀释后） | $0.12 | $0.25 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BBUKD
| Q4 25 | — | $3.9B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | $6.7B | $3.7B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.8B | ||
| Q2 24 | $11.9B | $3.7B | ||
| Q1 24 | — | $3.9B |
净利润BBUKD
| Q4 25 | — | $57.0M | ||
| Q3 25 | — | $68.0M | ||
| Q2 25 | $135.0M | $56.0M | ||
| Q1 25 | — | $69.0M | ||
| Q4 24 | — | $215.0M | ||
| Q3 24 | — | $-43.0M | ||
| Q2 24 | $65.0M | $11.0M | ||
| Q1 24 | — | $-45.0M |
毛利率BBUKD
| Q4 25 | — | 21.8% | ||
| Q3 25 | — | 21.5% | ||
| Q2 25 | — | 21.3% | ||
| Q1 25 | — | 21.7% | ||
| Q4 24 | — | 20.4% | ||
| Q3 24 | — | 19.9% | ||
| Q2 24 | — | 21.5% | ||
| Q1 24 | — | 18.6% |
营业利润率BBUKD
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | — | -0.1% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | -0.1% |
净利率BBUKD
| Q4 25 | — | 1.5% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | 2.0% | 1.5% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | — | -1.1% | ||
| Q2 24 | 0.5% | 0.3% | ||
| Q1 24 | — | -1.2% |
每股收益（稀释后）BBUKD
| Q4 25 | — | $0.25 | ||
| Q3 25 | — | $0.29 | ||
| Q2 25 | $0.12 | $0.23 | ||
| Q1 25 | — | $0.30 | ||
| Q4 24 | — | $0.89 | ||
| Q3 24 | — | $-0.19 | ||
| Q2 24 | $-0.10 | $0.05 | ||
| Q1 24 | — | $-0.19 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $3.3B | $1.3B |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $15.3B | $1.2B |
| 总资产 | $75.3B | $11.3B |
| 负债/权益比越低杠杆越低 | — | 1.92× |
8季度趋势，按日历期对齐
现金及短期投资BBUKD
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | $3.3B | $1.5B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | $3.0B | $1.3B | ||
| Q1 24 | — | $1.6B |
总债务BBUKD
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $3.1B |
股东权益BBUKD
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | $15.3B | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | $18.2B | $996.0M | ||
| Q1 24 | — | $1.0B |
总资产BBUKD
| Q4 25 | — | $11.3B | ||
| Q3 25 | — | $11.2B | ||
| Q2 25 | $75.3B | $11.5B | ||
| Q1 25 | — | $10.5B | ||
| Q4 24 | — | $9.9B | ||
| Q3 24 | — | $10.4B | ||
| Q2 24 | $81.5B | $10.2B | ||
| Q1 24 | — | $10.6B |
负债/权益比BBUKD
| Q4 25 | — | 1.92× | ||
| Q3 25 | — | 2.45× | ||
| Q2 25 | — | 2.44× | ||
| Q1 25 | — | 2.50× | ||
| Q4 24 | — | 2.81× | ||
| Q3 24 | — | 2.92× | ||
| Q2 24 | — | 3.12× | ||
| Q1 24 | — | 3.07× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $428.0M |
| 自由现金流经营现金流 - 资本支出 | — | $208.0M |
| 自由现金流率自由现金流/营收 | — | 5.4% |
| 资本支出强度资本支出/营收 | — | 5.7% |
| 现金转化率经营现金流/净利润 | — | 7.51× |
| 过去12个月自由现金流最近4个季度 | — | $299.0M |
8季度趋势，按日历期对齐
经营现金流BBUKD
| Q4 25 | — | $428.0M | ||
| Q3 25 | — | $146.0M | ||
| Q2 25 | — | $-124.0M | ||
| Q1 25 | — | $581.0M | ||
| Q4 24 | — | $260.0M | ||
| Q3 24 | — | $149.0M | ||
| Q2 24 | — | $-48.0M | ||
| Q1 24 | — | $145.0M |
自由现金流BBUKD
| Q4 25 | — | $208.0M | ||
| Q3 25 | — | $17.0M | ||
| Q2 25 | — | $-267.0M | ||
| Q1 25 | — | $341.0M | ||
| Q4 24 | — | $151.0M | ||
| Q3 24 | — | $15.0M | ||
| Q2 24 | — | $-170.0M | ||
| Q1 24 | — | $-57.0M |
自由现金流率BBUKD
| Q4 25 | — | 5.4% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | -7.1% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | -4.5% | ||
| Q1 24 | — | -1.5% |
资本支出强度BBUKD
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 3.3% | ||
| Q1 24 | — | 5.2% |
现金转化率BBUKD
| Q4 25 | — | 7.51× | ||
| Q3 25 | — | 2.15× | ||
| Q2 25 | — | -2.21× | ||
| Q1 25 | — | 8.42× | ||
| Q4 24 | — | 1.21× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -4.36× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BBU
暂无分部数据
KD
| Principal Markets Segment | $1.4B | 37% |
| United States Segment | $958.0M | 25% |
| Strategic Markets Segment | $905.0M | 23% |
| Other | $568.0M | 15% |
