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

TECK RESOURCES LTD is the larger business by last-quarter revenue ($6.3B vs $5.4B, roughly 1.2× Brookfield Infrastructure Partners L.P.).

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.

Teck Resources Limited is a diversified natural resources company headquartered in Vancouver, British Columbia, that is engaged in mining and mineral development, including coal for the steelmaking industry, copper, zinc, and energy. Secondary products include lead, silver, gold, molybdenum, germanium, indium and cadmium. Teck Resources was formed from the amalgamation of Teck and Cominco in 2001.

BIP vs TECK — Head-to-Head

Bigger by revenue
TECK
TECK
1.2× larger
TECK
$6.3B
$5.4B
BIP

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
BIP
BIP
TECK
TECK
Revenue
$5.4B
$6.3B
Net Profit
$252.0M
Gross Margin
26.4%
17.0%
Operating Margin
24.4%
-3.0%
Net Margin
4.6%
Revenue YoY
5.7%
Net Profit YoY
37.0%
EPS (diluted)
$-0.03

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
TECK
TECK
Q3 25
$6.3B
Q2 25
$5.4B
$3.4B
Q1 25
$1.6B
Q3 24
$4.6B
Q2 24
$5.1B
$7.3B
Q1 24
$3.8B
Q2 23
$4.3B
Q2 22
$3.7B
Net Profit
BIP
BIP
TECK
TECK
Q3 25
Q2 25
$252.0M
Q1 25
Q3 24
Q2 24
$184.0M
Q1 24
Q2 23
$773.0M
Q2 22
$425.0M
Gross Margin
BIP
BIP
TECK
TECK
Q3 25
17.0%
Q2 25
26.4%
17.2%
Q1 25
10.4%
Q3 24
20.7%
Q2 24
24.6%
42.1%
Q1 24
44.0%
Q2 23
22.9%
Q2 22
26.3%
Operating Margin
BIP
BIP
TECK
TECK
Q3 25
-3.0%
Q2 25
24.4%
-3.8%
Q1 25
-2.2%
Q3 24
Q2 24
22.8%
39.8%
Q1 24
49.0%
Q2 23
20.4%
Q2 22
23.4%
Net Margin
BIP
BIP
TECK
TECK
Q3 25
Q2 25
4.6%
Q1 25
Q3 24
Q2 24
3.6%
Q1 24
Q2 23
18.2%
Q2 22
11.5%
EPS (diluted)
BIP
BIP
TECK
TECK
Q3 25
Q2 25
$-0.03
Q1 25
Q3 24
Q2 24
$-0.10
Q1 24
Q2 23
$0.38
Q2 22
$0.13

Balance Sheet & Financial Strength

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

Metric
BIP
BIP
TECK
TECK
Cash + ST InvestmentsLiquidity on hand
$2.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$29.6B
Total Assets
$108.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIP
BIP
TECK
TECK
Q3 25
Q2 25
$2.3B
Q1 25
Q3 24
Q2 24
$1.3B
Q1 24
Q2 23
$1.4B
Q2 22
$1.3B
Stockholders' Equity
BIP
BIP
TECK
TECK
Q3 25
Q2 25
$29.6B
Q1 25
Q3 24
Q2 24
$30.1B
Q1 24
Q2 23
$28.6B
Q2 22
$26.0B
Total Assets
BIP
BIP
TECK
TECK
Q3 25
Q2 25
$108.7B
Q1 25
Q3 24
Q2 24
$100.9B
Q1 24
Q2 23
$81.7B
Q2 22
$73.9B

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIP
BIP
TECK
TECK
Q3 25
Q2 25
$1.2B
Q1 25
Q3 24
Q2 24
$1.1B
Q1 24
Q2 23
$970.0M
Q2 22
$734.0M
Cash Conversion
BIP
BIP
TECK
TECK
Q3 25
Q2 25
4.72×
Q1 25
Q3 24
Q2 24
5.74×
Q1 24
Q2 23
1.25×
Q2 22
1.73×

Financial Flow Comparison

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

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