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Side-by-side financial comparison of Brookfield Infrastructure Partners L.P. (BIP) and Consolidated Edison (ED). 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 $4.0B, roughly 1.4× Consolidated Edison). Consolidated Edison runs the higher net margin — 7.5% vs 4.6%, a 2.9% gap on every dollar of revenue. On growth, Consolidated Edison posted the faster year-over-year revenue change (8.2% 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.
Consolidated Edison, Inc., commonly known as Con Edison or ConEd, is an energy company based in New York City. It is one of the largest investor-owned energy companies in the United States, with approximately $15.26 billion in annual revenues as of 2024, and over $70 billion in assets. The company provides a wide range of energy-related products and services to its customers through its subsidiaries:Consolidated Edison Company of New York, Inc.
BIP vs ED — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.4B | $4.0B |
| Net Profit | $252.0M | $298.0M |
| Gross Margin | 26.4% | — |
| Operating Margin | 24.4% | 12.3% |
| Net Margin | 4.6% | 7.5% |
| Revenue YoY | 5.7% | 8.2% |
| Net Profit YoY | 37.0% | -3.9% |
| EPS (diluted) | $-0.03 | $0.81 |
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 | — | $4.0B | ||
| Q3 25 | — | $4.6B | ||
| Q2 25 | $5.4B | $3.6B | ||
| Q1 25 | — | $4.9B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | $5.1B | $3.3B | ||
| Q1 24 | — | $4.3B |
| Q4 25 | — | $298.0M | ||
| Q3 25 | — | $688.0M | ||
| Q2 25 | $252.0M | $246.0M | ||
| Q1 25 | — | $791.0M | ||
| Q4 24 | — | $310.0M | ||
| Q3 24 | — | $588.0M | ||
| Q2 24 | $184.0M | $202.0M | ||
| Q1 24 | — | $720.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 26.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 24.6% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 12.3% | ||
| Q3 25 | — | 21.2% | ||
| Q2 25 | 24.4% | 9.8% | ||
| Q1 25 | — | 23.0% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | — | 20.4% | ||
| Q2 24 | 22.8% | 9.7% | ||
| Q1 24 | — | 23.6% |
| Q4 25 | — | 7.5% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | 4.6% | 6.8% | ||
| Q1 25 | — | 16.2% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | — | 13.9% | ||
| Q2 24 | 3.6% | 6.1% | ||
| Q1 24 | — | 16.8% |
| Q4 25 | — | $0.81 | ||
| Q3 25 | — | $1.90 | ||
| Q2 25 | $-0.03 | $0.68 | ||
| Q1 25 | — | $2.25 | ||
| Q4 24 | — | $0.89 | ||
| Q3 24 | — | $1.69 | ||
| Q2 24 | $-0.10 | $0.58 | ||
| Q1 24 | — | $2.08 |
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 | $1.6B |
| Total DebtLower is stronger | — | $25.8B |
| Stockholders' EquityBook value | $29.6B | $24.2B |
| Total Assets | $108.7B | $74.6B |
| Debt / EquityLower = less leverage | — | 1.07× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $181.0M | ||
| Q2 25 | $2.3B | $1.5B | ||
| Q1 25 | — | $360.0M | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $93.0M | ||
| Q2 24 | $1.3B | $1.5B | ||
| Q1 24 | — | $169.0M |
| Q4 25 | — | $25.8B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $24.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $24.2B | ||
| Q3 25 | — | $24.2B | ||
| Q2 25 | $29.6B | $23.8B | ||
| Q1 25 | — | $23.8B | ||
| Q4 24 | — | $22.0B | ||
| Q3 24 | — | $21.9B | ||
| Q2 24 | $30.1B | $21.6B | ||
| Q1 24 | — | $21.6B |
| Q4 25 | — | $74.6B | ||
| Q3 25 | — | $71.8B | ||
| Q2 25 | $108.7B | $71.5B | ||
| Q1 25 | — | $70.7B | ||
| Q4 24 | — | $70.6B | ||
| Q3 24 | — | $68.6B | ||
| Q2 24 | $100.9B | $67.9B | ||
| Q1 24 | — | $66.7B |
| Q4 25 | — | 1.07× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.13× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $1.5B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 4.72× | 4.97× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $504.0M | ||
| Q2 25 | $1.2B | $2.0B | ||
| Q1 25 | — | $837.0M | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $392.0M | ||
| Q2 24 | $1.1B | $1.3B | ||
| Q1 24 | — | $573.0M |
| Q4 25 | — | 4.97× | ||
| Q3 25 | — | 0.73× | ||
| Q2 25 | 4.72× | 8.04× | ||
| Q1 25 | — | 1.06× | ||
| Q4 24 | — | 4.23× | ||
| Q3 24 | — | 0.67× | ||
| Q2 24 | 5.74× | 6.63× | ||
| Q1 24 | — | 0.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BIP
Segment breakdown not available.
ED
| Electricity | $2.9B | 73% |
| Oil And Gas Purchased | $923.0M | 23% |
| Steam Plant | $189.0M | 5% |
| Con Edison Transmission | $1.0M | 0% |
