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Side-by-side financial comparison of Brookfield Infrastructure Partners L.P. (BIP) and LEAR CORP (LEA). Click either name above to swap in a different company.

LEAR CORP is the larger business by last-quarter revenue ($5.8B vs $5.4B, roughly 1.1× Brookfield Infrastructure Partners L.P.). Brookfield Infrastructure Partners L.P. runs the higher net margin — 4.6% vs 3.0%, a 1.7% gap on every dollar of revenue. On growth, Brookfield Infrastructure Partners L.P. posted the faster year-over-year revenue change (5.7% vs 4.7%).

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.

Lear Corporation is an American company that manufactures automotive seating and electrical systems. In 2019, it ranked #147 and in 2018, it ranked #148 on the Fortune 500 list.

BIP vs LEA — Head-to-Head

Bigger by revenue
LEA
LEA
1.1× larger
LEA
$5.8B
$5.4B
BIP
Growing faster (revenue YoY)
BIP
BIP
+0.9% gap
BIP
5.7%
4.7%
LEA
Higher net margin
BIP
BIP
1.7% more per $
BIP
4.6%
3.0%
LEA

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BIP
BIP
LEA
LEA
Revenue
$5.4B
$5.8B
Net Profit
$252.0M
$172.3M
Gross Margin
26.4%
7.7%
Operating Margin
24.4%
Net Margin
4.6%
3.0%
Revenue YoY
5.7%
4.7%
Net Profit YoY
37.0%
113.5%
EPS (diluted)
$-0.03
$3.34

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.

Revenue
BIP
BIP
LEA
LEA
Q1 26
$5.8B
Q4 25
$6.0B
Q3 25
$5.7B
Q2 25
$5.4B
$6.0B
Q1 25
$5.6B
Q4 24
$5.7B
Q3 24
$5.6B
Q2 24
$5.1B
$6.0B
Net Profit
BIP
BIP
LEA
LEA
Q1 26
$172.3M
Q4 25
$82.7M
Q3 25
$108.2M
Q2 25
$252.0M
$165.2M
Q1 25
$80.7M
Q4 24
$88.1M
Q3 24
$135.8M
Q2 24
$184.0M
$173.1M
Gross Margin
BIP
BIP
LEA
LEA
Q1 26
7.7%
Q4 25
5.7%
Q3 25
6.4%
Q2 25
26.4%
7.3%
Q1 25
6.5%
Q4 24
6.8%
Q3 24
7.3%
Q2 24
24.6%
7.5%
Operating Margin
BIP
BIP
LEA
LEA
Q1 26
Q4 25
2.6%
Q3 25
3.4%
Q2 25
24.4%
4.1%
Q1 25
3.3%
Q4 24
3.7%
Q3 24
3.9%
Q2 24
22.8%
4.3%
Net Margin
BIP
BIP
LEA
LEA
Q1 26
3.0%
Q4 25
1.4%
Q3 25
1.9%
Q2 25
4.6%
2.7%
Q1 25
1.5%
Q4 24
1.5%
Q3 24
2.4%
Q2 24
3.6%
2.9%
EPS (diluted)
BIP
BIP
LEA
LEA
Q1 26
$3.34
Q4 25
$1.58
Q3 25
$2.02
Q2 25
$-0.03
$3.06
Q1 25
$1.49
Q4 24
$1.64
Q3 24
$2.41
Q2 24
$-0.10
$3.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BIP
BIP
LEA
LEA
Cash + ST InvestmentsLiquidity on hand
$2.3B
$881.9M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$29.6B
$5.3B
Total Assets
$108.7B
$15.5B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIP
BIP
LEA
LEA
Q1 26
$881.9M
Q4 25
$1.0B
Q3 25
$1.0B
Q2 25
$2.3B
$887.9M
Q1 25
$779.9M
Q4 24
$1.1B
Q3 24
$763.9M
Q2 24
$1.3B
$950.3M
Total Debt
BIP
BIP
LEA
LEA
Q1 26
$2.7B
Q4 25
$2.7B
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.8B
Q2 24
$2.7B
Stockholders' Equity
BIP
BIP
LEA
LEA
Q1 26
$5.3B
Q4 25
$5.0B
Q3 25
$5.1B
Q2 25
$29.6B
$5.1B
Q1 25
$4.7B
Q4 24
$4.5B
Q3 24
$4.8B
Q2 24
$30.1B
$4.8B
Total Assets
BIP
BIP
LEA
LEA
Q1 26
$15.5B
Q4 25
$14.8B
Q3 25
$15.2B
Q2 25
$108.7B
$15.3B
Q1 25
$14.6B
Q4 24
$14.0B
Q3 24
$14.8B
Q2 24
$100.9B
$14.7B
Debt / Equity
BIP
BIP
LEA
LEA
Q1 26
0.52×
Q4 25
0.54×
Q3 25
0.54×
Q2 25
0.54×
Q1 25
0.59×
Q4 24
0.61×
Q3 24
0.58×
Q2 24
0.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BIP
BIP
LEA
LEA
Operating Cash FlowLast quarter
$1.2B
$98.1M
Free Cash FlowOCF − Capex
$-26.5M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
4.72×
0.57×
TTM Free Cash FlowTrailing 4 quarters
$732.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIP
BIP
LEA
LEA
Q1 26
$98.1M
Q4 25
$475.9M
Q3 25
$444.4M
Q2 25
$1.2B
$296.2M
Q1 25
$-127.7M
Q4 24
$680.8M
Q3 24
$182.7M
Q2 24
$1.1B
$291.2M
Free Cash Flow
BIP
BIP
LEA
LEA
Q1 26
$-26.5M
Q4 25
$281.1M
Q3 25
$307.0M
Q2 25
$170.8M
Q1 25
$-231.7M
Q4 24
$488.7M
Q3 24
$50.5M
Q2 24
$170.4M
FCF Margin
BIP
BIP
LEA
LEA
Q1 26
-0.5%
Q4 25
4.7%
Q3 25
5.4%
Q2 25
2.8%
Q1 25
-4.2%
Q4 24
8.6%
Q3 24
0.9%
Q2 24
2.8%
Capex Intensity
BIP
BIP
LEA
LEA
Q1 26
2.1%
Q4 25
3.3%
Q3 25
2.4%
Q2 25
2.1%
Q1 25
1.9%
Q4 24
3.4%
Q3 24
2.4%
Q2 24
2.0%
Cash Conversion
BIP
BIP
LEA
LEA
Q1 26
0.57×
Q4 25
5.75×
Q3 25
4.11×
Q2 25
4.72×
1.79×
Q1 25
-1.58×
Q4 24
7.73×
Q3 24
1.35×
Q2 24
5.74×
1.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BIP
BIP

Segment breakdown not available.

LEA
LEA

Seating$4.4B76%
E-Systems$1.4B24%

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