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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Boot Barn Holdings, Inc. (BOOT). Click either name above to swap in a different company.

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $705.6M, roughly 1.2× Boot Barn Holdings, Inc.). Boot Barn Holdings, Inc. runs the higher net margin — 12.2% vs -35.7%, a 47.8% gap on every dollar of revenue. On growth, Boot Barn Holdings, Inc. posted the faster year-over-year revenue change (16.0% vs -4.6%).

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.

Henry Boot plc is a British property development business based in Sheffield, England. It was floated on the London Stock Exchange in 1919, becoming the first quoted housebuilder. Between the wars, Henry Boot built more houses than any other company. The company remains a significant construction and property management company operating in the UK.

BIPC vs BOOT — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.2× larger
BIPC
$866.0M
$705.6M
BOOT
Growing faster (revenue YoY)
BOOT
BOOT
+20.7% gap
BOOT
16.0%
-4.6%
BIPC
Higher net margin
BOOT
BOOT
47.8% more per $
BOOT
12.2%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
BIPC
BIPC
BOOT
BOOT
Revenue
$866.0M
$705.6M
Net Profit
$-309.0M
$85.8M
Gross Margin
65.0%
39.9%
Operating Margin
62.7%
16.3%
Net Margin
-35.7%
12.2%
Revenue YoY
-4.6%
16.0%
Net Profit YoY
-148.1%
14.3%
EPS (diluted)
$2.79

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
BIPC
BIPC
BOOT
BOOT
Q4 25
$705.6M
Q3 25
$505.4M
Q2 25
$866.0M
$504.1M
Q1 25
$453.7M
Q4 24
$608.2M
Q3 24
$425.8M
Q2 24
$908.0M
$423.4M
Q1 24
$388.5M
Net Profit
BIPC
BIPC
BOOT
BOOT
Q4 25
$85.8M
Q3 25
$42.2M
Q2 25
$-309.0M
$53.4M
Q1 25
$37.5M
Q4 24
$75.1M
Q3 24
$29.4M
Q2 24
$643.0M
$38.9M
Q1 24
$29.4M
Gross Margin
BIPC
BIPC
BOOT
BOOT
Q4 25
39.9%
Q3 25
36.4%
Q2 25
65.0%
39.1%
Q1 25
37.1%
Q4 24
39.3%
Q3 24
35.9%
Q2 24
63.8%
37.0%
Q1 24
35.9%
Operating Margin
BIPC
BIPC
BOOT
BOOT
Q4 25
16.3%
Q3 25
11.2%
Q2 25
62.7%
14.0%
Q1 25
11.0%
Q4 24
16.4%
Q3 24
9.4%
Q2 24
61.9%
11.9%
Q1 24
9.8%
Net Margin
BIPC
BIPC
BOOT
BOOT
Q4 25
12.2%
Q3 25
8.4%
Q2 25
-35.7%
10.6%
Q1 25
8.3%
Q4 24
12.3%
Q3 24
6.9%
Q2 24
70.8%
9.2%
Q1 24
7.6%
EPS (diluted)
BIPC
BIPC
BOOT
BOOT
Q4 25
$2.79
Q3 25
$1.37
Q2 25
$1.74
Q1 25
$1.24
Q4 24
$2.43
Q3 24
$0.95
Q2 24
$1.26
Q1 24
$0.96

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
BOOT
BOOT
Cash + ST InvestmentsLiquidity on hand
$1.2B
$200.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$1.3B
Total Assets
$23.9B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
BOOT
BOOT
Q4 25
$200.1M
Q3 25
$64.7M
Q2 25
$1.2B
$95.3M
Q1 25
$69.8M
Q4 24
$152.9M
Q3 24
$37.4M
Q2 24
$466.0M
$83.4M
Q1 24
$75.8M
Stockholders' Equity
BIPC
BIPC
BOOT
BOOT
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$2.2B
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.0B
Q2 24
$3.5B
$981.8M
Q1 24
$943.6M
Total Assets
BIPC
BIPC
BOOT
BOOT
Q4 25
$2.4B
Q3 25
$2.3B
Q2 25
$23.9B
$2.1B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$1.9B
Q2 24
$23.7B
$1.8B
Q1 24
$1.7B

Cash Flow & Capital Efficiency

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

Metric
BIPC
BIPC
BOOT
BOOT
Operating Cash FlowLast quarter
$478.0M
$209.7M
Free Cash FlowOCF − Capex
$148.0M
FCF MarginFCF / Revenue
21.0%
Capex IntensityCapex / Revenue
8.7%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$89.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
BOOT
BOOT
Q4 25
$209.7M
Q3 25
$25.7M
Q2 25
$478.0M
$73.8M
Q1 25
$-43.1M
Q4 24
$157.1M
Q3 24
$-7.8M
Q2 24
$511.0M
$41.3M
Q1 24
Free Cash Flow
BIPC
BIPC
BOOT
BOOT
Q4 25
$148.0M
Q3 25
$-17.5M
Q2 25
$42.4M
Q1 25
$-83.1M
Q4 24
$114.2M
Q3 24
$-46.1M
Q2 24
$14.2M
Q1 24
FCF Margin
BIPC
BIPC
BOOT
BOOT
Q4 25
21.0%
Q3 25
-3.5%
Q2 25
8.4%
Q1 25
-18.3%
Q4 24
18.8%
Q3 24
-10.8%
Q2 24
3.4%
Q1 24
Capex Intensity
BIPC
BIPC
BOOT
BOOT
Q4 25
8.7%
Q3 25
8.6%
Q2 25
6.2%
Q1 25
8.8%
Q4 24
7.1%
Q3 24
9.0%
Q2 24
6.4%
Q1 24
Cash Conversion
BIPC
BIPC
BOOT
BOOT
Q4 25
2.44×
Q3 25
0.61×
Q2 25
1.38×
Q1 25
-1.15×
Q4 24
2.09×
Q3 24
-0.26×
Q2 24
0.79×
1.06×
Q1 24

Financial Flow Comparison

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

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