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Side-by-side financial comparison of Brookfield Infrastructure Partners L.P. (BIP) and Chewy, Inc. (CHWY). Click either name above to swap in a different company.
Brookfield Infrastructure Partners L.P. is the larger business by last-quarter revenue ($5.4B vs $3.1B, roughly 1.7× Chewy, Inc.). Brookfield Infrastructure Partners L.P. runs the higher net margin — 4.6% vs 1.9%, a 2.7% gap on every dollar of revenue. On growth, Chewy, Inc. posted the faster year-over-year revenue change (8.3% vs 5.7%).
Brookfield Infrastructure Partners L.P. is a publicly traded limited partnership with corporate headquarters in Toronto, Canada, that engages in the acquisition and management of infrastructure assets on a global basis.
Chewy, Inc. is an American online retailer of pet food and other pet-related products based in Plantation, Florida. Chewy went public in 2019 with the ticker symbol CHWY on the New York Stock Exchange.
BIP vs CHWY — Head-to-Head
Income Statement — Q2 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.4B | $3.1B |
| Net Profit | $252.0M | $59.2M |
| Gross Margin | 26.4% | 29.8% |
| Operating Margin | 24.4% | 2.1% |
| Net Margin | 4.6% | 1.9% |
| Revenue YoY | 5.7% | 8.3% |
| Net Profit YoY | 37.0% | 1405.6% |
| EPS (diluted) | $-0.03 | $0.14 |
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.
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | $5.4B | $3.1B | ||
| Q1 25 | — | $3.2B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | $5.1B | $2.9B | ||
| Q1 24 | — | $2.8B |
| Q4 25 | — | $59.2M | ||
| Q3 25 | — | $62.0M | ||
| Q2 25 | $252.0M | $62.4M | ||
| Q1 25 | — | $22.8M | ||
| Q4 24 | — | $3.9M | ||
| Q3 24 | — | $299.1M | ||
| Q2 24 | $184.0M | $66.9M | ||
| Q1 24 | — | $34.3M |
| Q4 25 | — | 29.8% | ||
| Q3 25 | — | 30.4% | ||
| Q2 25 | 26.4% | 29.6% | ||
| Q1 25 | — | 28.5% | ||
| Q4 24 | — | 29.3% | ||
| Q3 24 | — | 29.5% | ||
| Q2 24 | 24.6% | 29.7% | ||
| Q1 24 | — | 28.2% |
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | 24.4% | 2.5% | ||
| Q1 25 | — | -0.3% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | 22.8% | 2.2% | ||
| Q1 24 | — | -0.7% |
| Q4 25 | — | 1.9% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | 4.6% | 2.0% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 10.5% | ||
| Q2 24 | 3.6% | 2.3% | ||
| Q1 24 | — | 1.2% |
| Q4 25 | — | $0.14 | ||
| Q3 25 | — | $0.14 | ||
| Q2 25 | $-0.03 | $0.15 | ||
| Q1 25 | — | $0.07 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | — | $0.68 | ||
| Q2 24 | $-0.10 | $0.15 | ||
| Q1 24 | — | $0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.3B | $701.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $29.6B | $469.4M |
| Total Assets | $108.7B | $3.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $701.5M | ||
| Q3 25 | — | $591.8M | ||
| Q2 25 | $2.3B | $616.4M | ||
| Q1 25 | — | $596.7M | ||
| Q4 24 | — | $507.5M | ||
| Q3 24 | — | $695.0M | ||
| Q2 24 | $1.3B | $1.1B | ||
| Q1 24 | — | $1.1B |
| Q4 25 | — | $469.4M | ||
| Q3 25 | — | $389.9M | ||
| Q2 25 | $29.6B | $375.6M | ||
| Q1 25 | — | $261.5M | ||
| Q4 24 | — | $223.4M | ||
| Q3 24 | — | $486.7M | ||
| Q2 24 | $30.1B | $642.9M | ||
| Q1 24 | — | $510.2M |
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | $108.7B | $3.1B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | $100.9B | $3.2B | ||
| Q1 24 | — | $3.2B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.2B | $207.9M |
| Free Cash FlowOCF − Capex | — | $175.8M |
| FCF MarginFCF / Revenue | — | 5.6% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | 4.72× | 3.51× |
| TTM Free Cash FlowTrailing 4 quarters | — | $487.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $207.9M | ||
| Q3 25 | — | $133.9M | ||
| Q2 25 | $1.2B | $86.4M | ||
| Q1 25 | — | $207.5M | ||
| Q4 24 | — | $183.5M | ||
| Q3 24 | — | $123.4M | ||
| Q2 24 | $1.1B | $81.9M | ||
| Q1 24 | — | $98.9M |
| Q4 25 | — | $175.8M | ||
| Q3 25 | — | $105.9M | ||
| Q2 25 | — | $48.7M | ||
| Q1 25 | — | $156.6M | ||
| Q4 24 | — | $151.8M | ||
| Q3 24 | — | $91.5M | ||
| Q2 24 | — | $52.6M | ||
| Q1 24 | — | $66.5M |
| Q4 25 | — | 5.6% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 5.3% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | — | 2.3% |
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | — | 1.1% |
| Q4 25 | — | 3.51× | ||
| Q3 25 | — | 2.16× | ||
| Q2 25 | 4.72× | 1.38× | ||
| Q1 25 | — | 9.10× | ||
| Q4 24 | — | 46.66× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | 5.74× | 1.22× | ||
| Q1 24 | — | 2.89× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
