Brookfield Business (Brookfield Business) Gross Profit : $732 Mil (TTM As of Mar. 2024)

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What is Brookfield Business Gross Profit?

Brookfield Business's gross profit for the three months ended in Mar. 2024 was $213 Mil. Brookfield Business's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $732 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Brookfield Business's gross profit for the three months ended in Mar. 2024 was $213 Mil. Brookfield Business's Revenue for the three months ended in Mar. 2024 was $1,865 Mil. Therefore, Brookfield Business's Gross Margin % for the quarter that ended in Mar. 2024 was 11.42%.

Brookfield Business had a gross margin of 11.42% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Brookfield Business was 33.28%. The lowest was 6.15%. And the median was 14.44%.

Warning Sign:

Brookfield Business Corp gross margin has been in long-term decline. The average rate of decline per year is -18.3%.

Brookfield Business Gross Profit Historical Data

The historical data trend for Brookfield Business's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Brookfield Business Gross Profit Chart

Brookfield Business Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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2,850.00

3,197.00

392.00

640.00

889.00

Brookfield Business Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Profit	Get a 7-Day Free Trial												249.00	348.00	351.00	-180.00	213.00

Competitive Comparison of Brookfield Business's Gross Profit

For the Asset Management subindustry, Brookfield Business's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Brookfield Business's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield Business's Gross Profit distribution charts can be found below:

* The bar in red indicates where Brookfield Business's Gross Profit falls into.

Brookfield Business Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Brookfield Business's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	7683	-	6794
	=	889

Brookfield Business's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	1865	-	1652
	=	213

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $732 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Brookfield Business's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	213	/	1865
	=	11.42 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Brookfield Business (NYSE:BBUC) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Brookfield Business had a gross margin of 11.42% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

Brookfield Business Gross Profit Related Terms

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Brookfield Business (Brookfield Business) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Business Corp (NYSE:BBUC) » Definitions » Gross Profit

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Traded in Other Exchanges

BBUC:Canada

Address

1055 West Georgia Street, Suite 1500, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7

Website

https://www.bbu.brookfield.com

Brookfield Business Corp is a company established as a vehicle that owns and operates certain services and industrial operations on a global basis and an alternative vehicle for investors who prefer investing in its operations through a corporate structure. Its goal is to generate returns through long-term capital appreciation with a modest distribution yield.