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

Marriott International is the larger business by last-quarter revenue ($6.7B vs $5.4B, roughly 1.2× Brookfield Infrastructure Partners L.P.). Marriott International runs the higher net margin — 6.7% vs 4.6%, a 2.0% gap on every dollar of revenue. On growth, Brookfield Infrastructure Partners L.P. posted the faster year-over-year revenue change (5.7% vs 4.1%).

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.

Marriott International, Inc. is an American multinational company that operates, franchises, and licenses lodging brands that include hotel, residential, and timeshare properties. Marriott International owns over 37 hotel and timeshare brands with 9,000 locations and 1,597,380 rooms across its network. Marriott International is headquartered in Bethesda, Maryland. The company is the successor to the hospitality division of the Marriott Corporation, founded by J.

BIP vs MAR — Head-to-Head

Bigger by revenue
MAR
MAR
1.2× larger
MAR
$6.7B
$5.4B
BIP
Growing faster (revenue YoY)
BIP
BIP
+1.6% gap
BIP
5.7%
4.1%
MAR
Higher net margin
MAR
MAR
2.0% more per $
MAR
6.7%
4.6%
BIP

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIP
BIP
MAR
MAR
Revenue
$5.4B
$6.7B
Net Profit
$252.0M
$445.0M
Gross Margin
26.4%
Operating Margin
24.4%
11.6%
Net Margin
4.6%
6.7%
Revenue YoY
5.7%
4.1%
Net Profit YoY
37.0%
-2.2%
EPS (diluted)
$-0.03
$1.67

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
MAR
MAR
Q4 25
$6.7B
Q3 25
$6.5B
Q2 25
$5.4B
$6.7B
Q1 25
$6.3B
Q4 24
$6.4B
Q3 24
$6.3B
Q2 24
$5.1B
$6.4B
Q1 24
$6.0B
Net Profit
BIP
BIP
MAR
MAR
Q4 25
$445.0M
Q3 25
$728.0M
Q2 25
$252.0M
$763.0M
Q1 25
$665.0M
Q4 24
$455.0M
Q3 24
$584.0M
Q2 24
$184.0M
$772.0M
Q1 24
$564.0M
Gross Margin
BIP
BIP
MAR
MAR
Q4 25
Q3 25
Q2 25
26.4%
Q1 25
Q4 24
Q3 24
Q2 24
24.6%
Q1 24
Operating Margin
BIP
BIP
MAR
MAR
Q4 25
11.6%
Q3 25
18.2%
Q2 25
24.4%
18.3%
Q1 25
15.1%
Q4 24
11.7%
Q3 24
15.1%
Q2 24
22.8%
18.6%
Q1 24
14.7%
Net Margin
BIP
BIP
MAR
MAR
Q4 25
6.7%
Q3 25
11.2%
Q2 25
4.6%
11.3%
Q1 25
10.6%
Q4 24
7.1%
Q3 24
9.3%
Q2 24
3.6%
12.0%
Q1 24
9.4%
EPS (diluted)
BIP
BIP
MAR
MAR
Q4 25
$1.67
Q3 25
$2.67
Q2 25
$-0.03
$2.78
Q1 25
$2.39
Q4 24
$1.64
Q3 24
$2.07
Q2 24
$-0.10
$2.69
Q1 24
$1.93

Balance Sheet & Financial Strength

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

Metric
BIP
BIP
MAR
MAR
Cash + ST InvestmentsLiquidity on hand
$2.3B
$358.0M
Total DebtLower is stronger
$15.0B
Stockholders' EquityBook value
$29.6B
$-3.8B
Total Assets
$108.7B
$27.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIP
BIP
MAR
MAR
Q4 25
$358.0M
Q3 25
$678.0M
Q2 25
$2.3B
$671.0M
Q1 25
$523.0M
Q4 24
$396.0M
Q3 24
$394.0M
Q2 24
$1.3B
$349.0M
Q1 24
$429.0M
Total Debt
BIP
BIP
MAR
MAR
Q4 25
$15.0B
Q3 25
$14.4B
Q2 25
$14.5B
Q1 25
$14.1B
Q4 24
$13.1B
Q3 24
$12.7B
Q2 24
$12.2B
Q1 24
$11.7B
Stockholders' Equity
BIP
BIP
MAR
MAR
Q4 25
$-3.8B
Q3 25
$-3.1B
Q2 25
$29.6B
$-3.0B
Q1 25
$-3.2B
Q4 24
$-3.0B
Q3 24
$-2.4B
Q2 24
$30.1B
$-2.1B
Q1 24
$-1.6B
Total Assets
BIP
BIP
MAR
MAR
Q4 25
$27.5B
Q3 25
$27.8B
Q2 25
$108.7B
$27.3B
Q1 25
$26.7B
Q4 24
$26.2B
Q3 24
$26.2B
Q2 24
$100.9B
$25.7B
Q1 24
$25.8B

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
MAR
MAR
Operating Cash FlowLast quarter
$1.2B
$829.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.72×
1.86×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIP
BIP
MAR
MAR
Q4 25
$829.0M
Q3 25
$1.1B
Q2 25
$1.2B
$643.0M
Q1 25
$647.0M
Q4 24
$318.0M
Q3 24
$880.0M
Q2 24
$1.1B
$772.0M
Q1 24
$779.0M
Free Cash Flow
BIP
BIP
MAR
MAR
Q4 25
Q3 25
$951.0M
Q2 25
$488.0M
Q1 25
$512.0M
Q4 24
$-24.0M
Q3 24
$706.0M
Q2 24
$647.0M
Q1 24
$670.0M
FCF Margin
BIP
BIP
MAR
MAR
Q4 25
Q3 25
14.7%
Q2 25
7.2%
Q1 25
8.2%
Q4 24
-0.4%
Q3 24
11.3%
Q2 24
10.0%
Q1 24
11.2%
Capex Intensity
BIP
BIP
MAR
MAR
Q4 25
Q3 25
2.2%
Q2 25
2.3%
Q1 25
2.2%
Q4 24
5.3%
Q3 24
2.8%
Q2 24
1.9%
Q1 24
1.8%
Cash Conversion
BIP
BIP
MAR
MAR
Q4 25
1.86×
Q3 25
1.50×
Q2 25
4.72×
0.84×
Q1 25
0.97×
Q4 24
0.70×
Q3 24
1.51×
Q2 24
5.74×
1.00×
Q1 24
1.38×

Financial Flow Comparison

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

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