Brookfield Business Partners: 2024 Annual Filings Reveal a Year of Transformation!

Ladies and gentlemen, buckle up! Brookfield Business Partners has just dropped their 2024 annual report, and it’s a doozy! This global powerhouse in business services and industrials has shown us that they’re not just playing the game; they’re changing the rules. Let’s dive in and see what makes this report a must-read for any savvy investor!



First things first, the numbers! Brookfield Business Partners reported a net loss of $109 million for the year ended December 31, 2024. Now, don’t let that scare you off! This loss is primarily due to a one-time non-cash expense at their healthcare services operation and some provisions at their construction operation. But here’s the kicker: their Adjusted EBITDA for the year was $2,565 million, up from $2,491 million the year before. That’s a 3% increase, folks! And that’s not all—let’s break it down by segment.

Industrials Segment: This segment generated Adjusted EBITDA of $1,247 million in 2024, up from $855 million in 2023. That’s a whopping 46% increase! The advanced energy storage operation was a star performer, contributing $371 million in tax benefits. But it’s not all sunshine and rainbows—weak market conditions hit their engineered components manufacturing operation hard.

Business Services Segment: This segment generated Adjusted EBITDA of $832 million in 2024, down from $900 million in 2023. A cyber incident at their dealer software and technology services operation and reduced performance at their construction and healthcare services operations took a toll. But don’t count them out—strong performance at their residential mortgage insurer kept them in the game.

Infrastructure Services Segment: This segment generated Adjusted EBITDA of $606 million in 2024, down from $853 million in 2023. The sale of their nuclear technology services operation in November 2023 took a big chunk out of their earnings. But improved performance in offshore oil services kept them afloat.

Now, let’s talk strategy! Brookfield Business Partners generated over $2 billion from their capital recycling initiatives in 2024. That’s right, folks—$2 billion! They used this cash to acquire two market-leading operations and strengthen their balance sheet. And if that wasn’t enough, their advanced energy storage operation raised $5 billion in new first lien debt in January 2025. Of that, $4.5 billion was used to fund a special distribution to owners, with Brookfield Business Partners’ share being approximately $1.2 billion. That’s liquidity, folks—pure liquidity!

So, what does all this mean for you, the investor? It means that Brookfield Business Partners is not just surviving; they’re thriving! They’re making bold moves, taking calculated risks, and reaping the rewards. Their strategic initiatives in 2024, including capital recycling and acquisitions, are well-aligned with their long-term growth objectives. They’re focused on increasing the intrinsic value of their business for unitholders, and that’s something you can’t ignore!

So, do this! Get your hands on Brookfield Business Partners’ 2024 annual report. Read it, digest it, and then make your move. This is a company on the rise, and you don’t want to miss out on the action. Trust me, folks—this is one stock that’s going places!