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

Ross Stores is the larger business by last-quarter revenue ($5.6B vs $5.4B, roughly 1.0× Brookfield Infrastructure Partners L.P.). Ross Stores runs the higher net margin — 9.1% vs 4.6%, a 4.5% gap on every dollar of revenue. On growth, Ross Stores posted the faster year-over-year revenue change (10.4% 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.

Ross Stores, Inc., operating under the brand name Ross Dress for Less, is an American chain of discount department stores headquartered in Dublin, California. It is the largest off-price retailer in the U.S.; as of July 2024, Ross operates 1,795 stores in 43 U.S. states, Washington, D.C. Puerto Rico and Guam, covering much of the country, but with no presence in New England and Alaska. The company also operates DD's Discounts, a discount department store chain with over 353 locations across t...

BIP vs ROST — Head-to-Head

Bigger by revenue
ROST
ROST
1.0× larger
ROST
$5.6B
$5.4B
BIP
Growing faster (revenue YoY)
ROST
ROST
+4.8% gap
ROST
10.4%
5.7%
BIP
Higher net margin
ROST
ROST
4.5% more per $
ROST
9.1%
4.6%
BIP

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
BIP
BIP
ROST
ROST
Revenue
$5.4B
$5.6B
Net Profit
$252.0M
$511.9M
Gross Margin
26.4%
28.0%
Operating Margin
24.4%
11.6%
Net Margin
4.6%
9.1%
Revenue YoY
5.7%
10.4%
Net Profit YoY
37.0%
4.7%
EPS (diluted)
$-0.03
$1.58

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
ROST
ROST
Q4 25
$5.6B
Q3 25
$5.5B
Q2 25
$5.4B
$5.0B
Q1 25
$5.9B
Q4 24
$5.1B
Q3 24
$5.3B
Q2 24
$5.1B
$4.9B
Q1 24
$6.0B
Net Profit
BIP
BIP
ROST
ROST
Q4 25
$511.9M
Q3 25
$508.0M
Q2 25
$252.0M
$479.2M
Q1 25
$586.8M
Q4 24
$488.8M
Q3 24
$527.1M
Q2 24
$184.0M
$488.0M
Q1 24
$609.7M
Gross Margin
BIP
BIP
ROST
ROST
Q4 25
28.0%
Q3 25
27.6%
Q2 25
26.4%
28.2%
Q1 25
26.5%
Q4 24
28.3%
Q3 24
28.3%
Q2 24
24.6%
28.1%
Q1 24
27.3%
Operating Margin
BIP
BIP
ROST
ROST
Q4 25
11.6%
Q3 25
11.5%
Q2 25
24.4%
12.2%
Q1 25
12.4%
Q4 24
11.9%
Q3 24
12.5%
Q2 24
22.8%
12.2%
Q1 24
13.2%
Net Margin
BIP
BIP
ROST
ROST
Q4 25
9.1%
Q3 25
9.2%
Q2 25
4.6%
9.6%
Q1 25
9.9%
Q4 24
9.6%
Q3 24
10.0%
Q2 24
3.6%
10.0%
Q1 24
10.1%
EPS (diluted)
BIP
BIP
ROST
ROST
Q4 25
$1.58
Q3 25
$1.56
Q2 25
$-0.03
$1.47
Q1 25
$1.79
Q4 24
$1.48
Q3 24
$1.59
Q2 24
$-0.10
$1.46
Q1 24
$1.82

Balance Sheet & Financial Strength

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

Metric
BIP
BIP
ROST
ROST
Cash + ST InvestmentsLiquidity on hand
$2.3B
$4.1B
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$29.6B
$5.9B
Total Assets
$108.7B
$15.4B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIP
BIP
ROST
ROST
Q4 25
$4.1B
Q3 25
$3.8B
Q2 25
$2.3B
$3.8B
Q1 25
$4.7B
Q4 24
$4.3B
Q3 24
$4.7B
Q2 24
$1.3B
$4.7B
Q1 24
$4.9B
Total Debt
BIP
BIP
ROST
ROST
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.5B
Q2 24
$2.5B
Q1 24
$2.5B
Stockholders' Equity
BIP
BIP
ROST
ROST
Q4 25
$5.9B
Q3 25
$5.7B
Q2 25
$29.6B
$5.6B
Q1 25
$5.5B
Q4 24
$5.3B
Q3 24
$5.1B
Q2 24
$30.1B
$4.9B
Q1 24
$4.9B
Total Assets
BIP
BIP
ROST
ROST
Q4 25
$15.4B
Q3 25
$14.5B
Q2 25
$108.7B
$14.3B
Q1 25
$14.9B
Q4 24
$14.9B
Q3 24
$14.7B
Q2 24
$100.9B
$14.5B
Q1 24
$14.3B
Debt / Equity
BIP
BIP
ROST
ROST
Q4 25
0.26×
Q3 25
0.26×
Q2 25
0.27×
Q1 25
0.40×
Q4 24
0.42×
Q3 24
0.48×
Q2 24
0.50×
Q1 24
0.51×

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
ROST
ROST
Operating Cash FlowLast quarter
$1.2B
$827.1M
Free Cash FlowOCF − Capex
$617.8M
FCF MarginFCF / Revenue
11.0%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
4.72×
1.62×
TTM Free Cash FlowTrailing 4 quarters
$2.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIP
BIP
ROST
ROST
Q4 25
$827.1M
Q3 25
$668.4M
Q2 25
$1.2B
$409.7M
Q1 25
$882.6M
Q4 24
$513.4M
Q3 24
$592.1M
Q2 24
$1.1B
$368.9M
Q1 24
$948.8M
Free Cash Flow
BIP
BIP
ROST
ROST
Q4 25
$617.8M
Q3 25
$466.6M
Q2 25
$202.3M
Q1 25
$676.6M
Q4 24
$333.0M
Q3 24
$394.6M
Q2 24
$232.7M
Q1 24
$726.4M
FCF Margin
BIP
BIP
ROST
ROST
Q4 25
11.0%
Q3 25
8.4%
Q2 25
4.1%
Q1 25
11.4%
Q4 24
6.6%
Q3 24
7.5%
Q2 24
4.8%
Q1 24
12.1%
Capex Intensity
BIP
BIP
ROST
ROST
Q4 25
3.7%
Q3 25
3.6%
Q2 25
4.2%
Q1 25
3.5%
Q4 24
3.6%
Q3 24
3.7%
Q2 24
2.8%
Q1 24
3.7%
Cash Conversion
BIP
BIP
ROST
ROST
Q4 25
1.62×
Q3 25
1.32×
Q2 25
4.72×
0.85×
Q1 25
1.50×
Q4 24
1.05×
Q3 24
1.12×
Q2 24
5.74×
0.76×
Q1 24
1.56×

Financial Flow Comparison

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

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