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Side-by-side financial comparison of Brookfield Infrastructure Partners L.P. (BIP) and Cushman & Wakefield Ltd. (CWK). 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 $2.9B, roughly 1.9× Cushman & Wakefield Ltd.). Brookfield Infrastructure Partners L.P. runs the higher net margin — 4.6% vs -0.8%, a 5.4% gap on every dollar of revenue. On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (10.8% 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.
Cushman & Wakefield Inc. is an American global commercial real estate and property management services firm. The company's corporate headquarters is located in Chicago, Illinois. It is named after co-founders J. Clydesdale Cushman and Bernard Wakefield.
BIP vs CWK — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $5.4B | $2.9B |
| Net Profit | $252.0M | $-22.4M |
| Gross Margin | 26.4% | — |
| Operating Margin | 24.4% | 6.1% |
| Net Margin | 4.6% | -0.8% |
| Revenue YoY | 5.7% | 10.8% |
| Net Profit YoY | 37.0% | -119.8% |
| EPS (diluted) | $-0.03 | $-0.10 |
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 | — | $2.9B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | $5.4B | $2.5B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | $5.1B | $2.3B | ||
| Q1 24 | — | $2.2B |
| Q4 25 | — | $-22.4M | ||
| Q3 25 | — | $51.4M | ||
| Q2 25 | $252.0M | $57.3M | ||
| Q1 25 | — | $1.9M | ||
| Q4 24 | — | $112.9M | ||
| Q3 24 | — | $33.7M | ||
| Q2 24 | $184.0M | $13.5M | ||
| Q1 24 | — | $-28.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 26.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 24.6% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 6.1% | ||
| Q3 25 | — | 4.1% | ||
| Q2 25 | 24.4% | 4.9% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | 22.8% | 3.1% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | — | -0.8% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | 4.6% | 2.3% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | 3.6% | 0.6% | ||
| Q1 24 | — | -1.3% |
| Q4 25 | — | $-0.10 | ||
| Q3 25 | — | $0.22 | ||
| Q2 25 | $-0.03 | $0.25 | ||
| Q1 25 | — | $0.01 | ||
| Q4 24 | — | $0.49 | ||
| Q3 24 | — | $0.14 | ||
| Q2 24 | $-0.10 | $0.06 | ||
| Q1 24 | — | $-0.13 |
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 | $784.2M |
| Total DebtLower is stronger | — | $2.7B |
| Stockholders' EquityBook value | $29.6B | $2.0B |
| Total Assets | $108.7B | $7.7B |
| Debt / EquityLower = less leverage | — | 1.40× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $784.2M | ||
| Q3 25 | — | $634.4M | ||
| Q2 25 | $2.3B | $618.2M | ||
| Q1 25 | — | $623.2M | ||
| Q4 24 | — | $793.3M | ||
| Q3 24 | — | $775.4M | ||
| Q2 24 | $1.3B | $567.3M | ||
| Q1 24 | — | $553.5M |
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $3.2B |
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | $29.6B | $1.9B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | $30.1B | $1.6B | ||
| Q1 24 | — | $1.6B |
| Q4 25 | — | $7.7B | ||
| Q3 25 | — | $7.7B | ||
| Q2 25 | $108.7B | $7.6B | ||
| Q1 25 | — | $7.4B | ||
| Q4 24 | — | $7.5B | ||
| Q3 24 | — | $7.5B | ||
| Q2 24 | $100.9B | $7.3B | ||
| Q1 24 | — | $7.5B |
| Q4 25 | — | 1.40× | ||
| Q3 25 | — | 1.45× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 1.70× | ||
| Q4 24 | — | 1.73× | ||
| Q3 24 | — | 1.81× | ||
| Q2 24 | — | 1.91× | ||
| Q1 24 | — | 1.96× |
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 | $257.3M |
| Free Cash FlowOCF − Capex | — | $234.3M |
| FCF MarginFCF / Revenue | — | 8.0% |
| Capex IntensityCapex / Revenue | — | 0.8% |
| Cash ConversionOCF / Net Profit | 4.72× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $293.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $257.3M | ||
| Q3 25 | — | $235.5M | ||
| Q2 25 | $1.2B | $9.6M | ||
| Q1 25 | — | $-162.0M | ||
| Q4 24 | — | $115.2M | ||
| Q3 24 | — | $196.1M | ||
| Q2 24 | $1.1B | $21.8M | ||
| Q1 24 | — | $-125.1M |
| Q4 25 | — | $234.3M | ||
| Q3 25 | — | $225.0M | ||
| Q2 25 | — | $300.0K | ||
| Q1 25 | — | $-166.6M | ||
| Q4 24 | — | $105.9M | ||
| Q3 24 | — | $186.7M | ||
| Q2 24 | — | $10.0M | ||
| Q1 24 | — | $-135.6M |
| Q4 25 | — | 8.0% | ||
| Q3 25 | — | 8.6% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | -7.3% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | — | 8.0% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | -6.2% |
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | 4.58× | ||
| Q2 25 | 4.72× | 0.17× | ||
| Q1 25 | — | -85.26× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 5.82× | ||
| Q2 24 | 5.74× | 1.61× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BIP
Segment breakdown not available.
CWK
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $1.8B | 61% |
| Other | $1.1B | 39% |