vs
Brookfield Business Partners L.P.（BBU）与SunPower Inc.（SPWR）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SunPower Inc.的84.0倍（$6.7B vs $79.7M）。Brookfield Business Partners L.P.净利率更高（2.0% vs -17.8%，领先19.8%）。SunPower Inc.同比增速更快（-10.1% 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。
SunPower是一家美国光伏太阳能发电系统与储能电池产品供应商，主要服务住宅客户。公司由斯坦福大学电气工程教授理查德·斯旺森于1985年创立，总部位于加利福尼亚州圣何塞。赛普拉斯半导体2002年收购该公司多数股权后推动其快速发展，SunPower最终于2005年完成上市，目前是全球光伏领域知名企业。
BBU vs SPWR — 直观对比
营收规模更大
BBU
是对方的84.0倍
$79.7M
营收增速更快
SPWR
高出33.9%
-44.0%
净利率更高
BBU
高出19.8%
-17.8%
损益表 — Q2 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.7B | $79.7M |
| 净利润 | $135.0M | $-14.2M |
| 毛利率 | — | 35.5% |
| 营业利润率 | — | -27.4% |
| 净利率 | 2.0% | -17.8% |
| 营收同比 | -44.0% | -10.1% |
| 净利润同比 | 107.7% | -130.1% |
| 每股收益（稀释后） | $0.12 | $-0.05 |
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BBUSPWR
| Q4 25 | — | $79.7M | ||
| Q3 25 | — | $22.0M | ||
| Q2 25 | $6.7B | $67.5M | ||
| Q1 25 | — | $82.7M | ||
| Q4 24 | — | $88.7M | ||
| Q3 24 | — | $5.5M | ||
| Q2 24 | $11.9B | $4.5M | ||
| Q1 24 | — | $10.0M |
净利润BBUSPWR
| Q4 25 | — | $-14.2M | ||
| Q3 25 | — | $-16.9M | ||
| Q2 25 | $135.0M | $-22.4M | ||
| Q1 25 | — | $8.1M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | — | $-78.0M | ||
| Q2 24 | $65.0M | $-15.9M | ||
| Q1 24 | — | $-9.6M |
毛利率BBUSPWR
| Q4 25 | — | 35.5% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 42.6% | ||
| Q1 25 | — | 48.5% | ||
| Q4 24 | — | 46.5% | ||
| Q3 24 | — | -57.0% | ||
| Q2 24 | — | -19.9% | ||
| Q1 24 | — | 22.7% |
营业利润率BBUSPWR
| Q4 25 | — | -27.4% | ||
| Q3 25 | — | -15.7% | ||
| Q2 25 | — | -4.0% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | -24.2% | ||
| Q3 24 | — | -541.4% | ||
| Q2 24 | — | -211.4% | ||
| Q1 24 | — | -75.1% |
净利率BBUSPWR
| Q4 25 | — | -17.8% | ||
| Q3 25 | — | -76.9% | ||
| Q2 25 | 2.0% | -33.2% | ||
| Q1 25 | — | 9.8% | ||
| Q4 24 | — | 53.0% | ||
| Q3 24 | — | -1408.2% | ||
| Q2 24 | 0.5% | -353.8% | ||
| Q1 24 | — | -95.5% |
每股收益（稀释后）BBUSPWR
| Q4 25 | — | $-0.05 | ||
| Q3 25 | — | $-0.19 | ||
| Q2 25 | $0.12 | $-0.28 | ||
| Q1 25 | — | $0.00 | ||
| Q4 24 | — | $0.27 | ||
| Q3 24 | — | $-1.03 | ||
| Q2 24 | $-0.10 | $-0.26 | ||
| Q1 24 | — | $-0.20 |
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 | $9.6M |
| 总债务越低越好 | — | $164.8M |
| 股东权益账面价值 | $15.3B | $-90.1M |
| 总资产 | $75.3B | $241.2M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BBUSPWR
| Q4 25 | — | $9.6M | ||
| Q3 25 | — | $5.1M | ||
| Q2 25 | $3.3B | $11.1M | ||
| Q1 25 | — | $10.6M | ||
| Q4 24 | — | $13.4M | ||
| Q3 24 | — | $79.5M | ||
| Q2 24 | $3.0B | $1.8M | ||
| Q1 24 | — | $1.8M |
总债务BBUSPWR
| Q4 25 | — | $164.8M | ||
| Q3 25 | — | $204.3M | ||
| Q2 25 | — | $152.9M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $147.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BBUSPWR
| Q4 25 | — | $-90.1M | ||
| Q3 25 | — | $-112.3M | ||
| Q2 25 | $15.3B | $-107.2M | ||
| Q1 25 | — | $-89.0M | ||
| Q4 24 | — | $-97.5M | ||
| Q3 24 | — | $-142.7M | ||
| Q2 24 | $18.2B | $-92.0M | ||
| Q1 24 | — | $-85.1M |
总资产BBUSPWR
| Q4 25 | — | $241.2M | ||
| Q3 25 | — | $208.3M | ||
| Q2 25 | $75.3B | $163.1M | ||
| Q1 25 | — | $147.8M | ||
| Q4 24 | — | $144.5M | ||
| Q3 24 | — | $107.9M | ||
| Q2 24 | $81.5B | $33.4M | ||
| Q1 24 | — | $40.9M |
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 | — | $-1.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BBUSPWR
| Q4 25 | — | $-1.9M | ||
| Q3 25 | — | $-6.4M | ||
| Q2 25 | — | $-4.4M | ||
| Q1 25 | — | $-2.6M | ||
| Q4 24 | — | $-25.6M | ||
| Q3 24 | — | $-21.5M | ||
| Q2 24 | — | $-2.7M | ||
| Q1 24 | — | $-4.9M |
现金转化率BBUSPWR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.32× | ||
| Q4 24 | — | -0.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
SPWR
| Residential Solar Installation | $46.9M | 59% |
| New Homes Business | $22.7M | 29% |
| Other | $10.1M | 13% |
