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Side-by-side financial comparison of Brookfield Infrastructure Partners L.P. (BIP) and DTE Energy (DTE). 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 $4.4B, roughly 1.2× DTE Energy). DTE Energy runs the higher net margin — 8.3% vs 4.6%, a 3.7% gap on every dollar of revenue. On growth, DTE Energy posted the faster year-over-year revenue change (28.9% 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.
DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services in the United States and Canada. Its operating units include an electric utility serving 2.2 million customers and a natural gas utility serving 1.3 million customers in Michigan.
BIP vs DTE — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.4B | $4.4B |
| Net Profit | $252.0M | $369.0M |
| Gross Margin | 26.4% | — |
| Operating Margin | 24.4% | 15.9% |
| Net Margin | 4.6% | 8.3% |
| Revenue YoY | 5.7% | 28.9% |
| Net Profit YoY | 37.0% | 26.4% |
| EPS (diluted) | $-0.03 | $1.78 |
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 | — | $4.4B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | $5.4B | $3.4B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | $5.1B | $2.9B | ||
| Q1 24 | — | $3.2B |
| Q4 25 | — | $369.0M | ||
| Q3 25 | — | $419.0M | ||
| Q2 25 | $252.0M | $229.0M | ||
| Q1 25 | — | $445.0M | ||
| Q4 24 | — | $292.0M | ||
| Q3 24 | — | $477.0M | ||
| Q2 24 | $184.0M | $322.0M | ||
| Q1 24 | — | $313.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 26.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 24.6% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 15.9% | ||
| Q3 25 | — | 17.6% | ||
| Q2 25 | 24.4% | 12.5% | ||
| Q1 25 | — | 14.1% | ||
| Q4 24 | — | 16.2% | ||
| Q3 24 | — | 17.8% | ||
| Q2 24 | 22.8% | 17.5% | ||
| Q1 24 | — | 16.0% |
| Q4 25 | — | 8.3% | ||
| Q3 25 | — | 11.9% | ||
| Q2 25 | 4.6% | 6.7% | ||
| Q1 25 | — | 10.0% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | 3.6% | 11.2% | ||
| Q1 24 | — | 9.7% |
| Q4 25 | — | $1.78 | ||
| Q3 25 | — | $2.01 | ||
| Q2 25 | $-0.03 | $1.10 | ||
| Q1 25 | — | $2.14 | ||
| Q4 24 | — | $1.41 | ||
| Q3 24 | — | $2.30 | ||
| Q2 24 | $-0.10 | $1.55 | ||
| Q1 24 | — | $1.51 |
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 | $208.0M |
| Total DebtLower is stronger | — | $23.8B |
| Stockholders' EquityBook value | $29.6B | $12.3B |
| Total Assets | $108.7B | $54.1B |
| Debt / EquityLower = less leverage | — | 1.93× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $208.0M | ||
| Q3 25 | — | $34.0M | ||
| Q2 25 | $2.3B | $32.0M | ||
| Q1 25 | — | $33.0M | ||
| Q4 24 | — | $24.0M | ||
| Q3 24 | — | $969.0M | ||
| Q2 24 | $1.3B | $20.0M | ||
| Q1 24 | — | $292.0M |
| Q4 25 | — | $23.8B | ||
| Q3 25 | — | $24.5B | ||
| Q2 25 | — | $22.9B | ||
| Q1 25 | — | $21.8B | ||
| Q4 24 | — | $20.7B | ||
| Q3 24 | — | $20.5B | ||
| Q2 24 | — | $19.3B | ||
| Q1 24 | — | $19.2B |
| Q4 25 | — | $12.3B | ||
| Q3 25 | — | $12.2B | ||
| Q2 25 | $29.6B | $11.7B | ||
| Q1 25 | — | $11.9B | ||
| Q4 24 | — | $11.7B | ||
| Q3 24 | — | $11.6B | ||
| Q2 24 | $30.1B | $11.1B | ||
| Q1 24 | — | $11.2B |
| Q4 25 | — | $54.1B | ||
| Q3 25 | — | $52.0B | ||
| Q2 25 | $108.7B | $50.2B | ||
| Q1 25 | — | $49.6B | ||
| Q4 24 | — | $48.8B | ||
| Q3 24 | — | $49.8B | ||
| Q2 24 | $100.9B | $47.8B | ||
| Q1 24 | — | $45.9B |
| Q4 25 | — | 1.93× | ||
| Q3 25 | — | 2.01× | ||
| Q2 25 | — | 1.96× | ||
| Q1 25 | — | 1.83× | ||
| Q4 24 | — | 1.77× | ||
| Q3 24 | — | 1.76× | ||
| Q2 24 | — | 1.74× | ||
| Q1 24 | — | 1.72× |
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 | $1.0B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 4.72× | 2.84× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $632.0M | ||
| Q2 25 | $1.2B | $709.0M | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $758.0M | ||
| Q2 24 | $1.1B | $759.0M | ||
| Q1 24 | — | $1.0B |
| Q4 25 | — | 2.84× | ||
| Q3 25 | — | 1.51× | ||
| Q2 25 | 4.72× | 3.10× | ||
| Q1 25 | — | 2.29× | ||
| Q4 24 | — | 3.71× | ||
| Q3 24 | — | 1.59× | ||
| Q2 24 | 5.74× | 2.36× | ||
| Q1 24 | — | 3.33× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BIP
Segment breakdown not available.
DTE
| Electric Segment | $1.8B | 40% |
| Residential | $723.0M | 16% |
| Gas Segment | $651.0M | 15% |
| Commercial | $524.0M | 12% |
| Other | $333.0M | 8% |
| DTE Vantage Segment | $176.0M | 4% |
| Industrial | $159.0M | 4% |
| End User Transportation | $69.0M | 2% |
| Intermediate Transportation | $25.0M | 1% |
