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Side-by-side financial comparison of Brookfield Infrastructure Partners L.P. (BIP) and PBF Energy Inc. (PBF). Click either name above to swap in a different company.
PBF Energy Inc. is the larger business by last-quarter revenue ($33.1B vs $5.4B, roughly 6.1× Brookfield Infrastructure Partners L.P.). Brookfield Infrastructure Partners L.P. runs the higher net margin — 4.6% vs 0.2%, a 4.4% gap on every dollar of revenue. On growth, Brookfield Infrastructure Partners L.P. posted the faster year-over-year revenue change (5.7% vs -0.1%).
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.
PBF Energy Inc. is a petroleum refining and logistics company that produces and sells transportation fuels, heating oils, lubricants, petrochemical feedstocks, and other petroleum products. The company owns and operated 6 refineries throughout the United States, located in Chalmette, Louisiana; Toledo, Ohio; Paulsboro, New Jersey; the Delaware City Refinery in Delaware City; Torrance, California; Martinez, California. PBF produces a range of products including gasoline, ultra-low-sulfur diese...
BIP vs PBF — Head-to-Head
Income Statement — Q2 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.4B | $33.1B |
| Net Profit | $252.0M | $79.1M |
| Gross Margin | 26.4% | 78.0% |
| Operating Margin | 24.4% | 78.8% |
| Net Margin | 4.6% | 0.2% |
| Revenue YoY | 5.7% | -0.1% |
| Net Profit YoY | 37.0% | 149.3% |
| EPS (diluted) | $-0.03 | $0.66 |
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.
| Q1 26 | — | $33.1B | ||
| Q4 25 | — | $7.1B | ||
| Q3 25 | — | $7.7B | ||
| Q2 25 | $5.4B | $7.5B | ||
| Q1 25 | — | $7.1B | ||
| Q4 24 | — | $7.4B | ||
| Q3 24 | — | $8.4B | ||
| Q2 24 | $5.1B | $8.7B |
| Q1 26 | — | $79.1M | ||
| Q4 25 | — | $78.4M | ||
| Q3 25 | — | $170.1M | ||
| Q2 25 | $252.0M | $-5.2M | ||
| Q1 25 | — | $-401.8M | ||
| Q4 24 | — | $-289.3M | ||
| Q3 24 | — | $-285.9M | ||
| Q2 24 | $184.0M | $-65.2M |
| Q1 26 | — | 78.0% | ||
| Q4 25 | — | -1.8% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | 26.4% | -0.8% | ||
| Q1 25 | — | -5.9% | ||
| Q4 24 | — | -4.2% | ||
| Q3 24 | — | -3.4% | ||
| Q2 24 | 24.6% | 0.1% |
| Q1 26 | — | 78.8% | ||
| Q4 25 | — | 1.8% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | 24.4% | 0.6% | ||
| Q1 25 | — | -7.2% | ||
| Q4 24 | — | -5.2% | ||
| Q3 24 | — | -4.6% | ||
| Q2 24 | 22.8% | -0.9% |
| Q1 26 | — | 0.2% | ||
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | 4.6% | -0.1% | ||
| Q1 25 | — | -5.7% | ||
| Q4 24 | — | -3.9% | ||
| Q3 24 | — | -3.4% | ||
| Q2 24 | 3.6% | -0.7% |
| Q1 26 | — | $0.66 | ||
| Q4 25 | — | $0.74 | ||
| Q3 25 | — | $1.45 | ||
| Q2 25 | $-0.03 | $-0.05 | ||
| Q1 25 | — | $-3.53 | ||
| Q4 24 | — | $-2.41 | ||
| Q3 24 | — | $-2.49 | ||
| Q2 24 | $-0.10 | $-0.56 |
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 | $527.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $29.6B | $5.4B |
| Total Assets | $108.7B | $13.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $527.9M | ||
| Q4 25 | — | $527.9M | ||
| Q3 25 | — | $482.0M | ||
| Q2 25 | $2.3B | $590.7M | ||
| Q1 25 | — | $468.6M | ||
| Q4 24 | — | $536.1M | ||
| Q3 24 | — | $976.7M | ||
| Q2 24 | $1.3B | $1.4B |
| Q1 26 | — | $5.4B | ||
| Q4 25 | — | $5.3B | ||
| Q3 25 | — | $5.2B | ||
| Q2 25 | $29.6B | $5.1B | ||
| Q1 25 | — | $5.1B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | $30.1B | $6.3B |
| Q1 26 | — | $13.0B | ||
| Q4 25 | — | $13.0B | ||
| Q3 25 | — | $13.0B | ||
| Q2 25 | $108.7B | $13.0B | ||
| Q1 25 | — | $13.0B | ||
| Q4 24 | — | $12.7B | ||
| Q3 24 | — | $13.1B | ||
| Q2 24 | $100.9B | $14.1B |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | 4.72× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $366.6M | ||
| Q3 25 | — | $25.7M | ||
| Q2 25 | $1.2B | $191.1M | ||
| Q1 25 | — | $-661.4M | ||
| Q4 24 | — | $-329.7M | ||
| Q3 24 | — | $-68.0M | ||
| Q2 24 | $1.1B | $425.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $77.0M | ||
| Q3 25 | — | $-122.8M | ||
| Q2 25 | — | $35.0M | ||
| Q1 25 | — | $-772.4M | ||
| Q4 24 | — | $-425.7M | ||
| Q3 24 | — | $-169.8M | ||
| Q2 24 | — | $371.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | -1.6% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | -10.9% | ||
| Q4 24 | — | -5.8% | ||
| Q3 24 | — | -2.0% | ||
| Q2 24 | — | 4.3% |
| Q1 26 | — | 0.3% | ||
| Q4 25 | — | 4.1% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.68× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | 4.72× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.74× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
