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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and EnerSys (ENS). Click either name above to swap in a different company.
EnerSys is the larger business by last-quarter revenue ($919.1M vs $866.0M, roughly 1.1× Brookfield Infrastructure Corp). EnerSys runs the higher net margin — 9.8% vs -35.7%, a 45.5% gap on every dollar of revenue. On growth, EnerSys posted the faster year-over-year revenue change (1.4% 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.
EnerSys is a stored energy systems and technology provider for industrial applications. The company manufactures reserve-power and motive-power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosures.
BIPC vs ENS — Head-to-Head
Income Statement — Q2 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $866.0M | $919.1M |
| Net Profit | $-309.0M | $90.4M |
| Gross Margin | 65.0% | 30.1% |
| Operating Margin | 62.7% | 13.5% |
| Net Margin | -35.7% | 9.8% |
| Revenue YoY | -4.6% | 1.4% |
| Net Profit YoY | -148.1% | -21.3% |
| EPS (diluted) | — | $2.40 |
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.
| Q4 25 | — | $919.1M | ||
| Q3 25 | — | $951.3M | ||
| Q2 25 | $866.0M | $893.0M | ||
| Q1 25 | — | $974.8M | ||
| Q4 24 | — | $906.2M | ||
| Q3 24 | — | $883.7M | ||
| Q2 24 | $908.0M | $852.9M | ||
| Q1 24 | — | $910.7M |
| Q4 25 | — | $90.4M | ||
| Q3 25 | — | $68.4M | ||
| Q2 25 | $-309.0M | $57.5M | ||
| Q1 25 | — | $96.5M | ||
| Q4 24 | — | $114.8M | ||
| Q3 24 | — | $82.3M | ||
| Q2 24 | $643.0M | $70.1M | ||
| Q1 24 | — | $60.9M |
| Q4 25 | — | 30.1% | ||
| Q3 25 | — | 29.1% | ||
| Q2 25 | 65.0% | 28.4% | ||
| Q1 25 | — | 31.2% | ||
| Q4 24 | — | 32.9% | ||
| Q3 24 | — | 28.5% | ||
| Q2 24 | 63.8% | 27.9% | ||
| Q1 24 | — | 27.9% |
| Q4 25 | — | 13.5% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | 62.7% | 9.7% | ||
| Q1 25 | — | 13.5% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | — | 11.2% | ||
| Q2 24 | 61.9% | 10.7% | ||
| Q1 24 | — | 8.9% |
| Q4 25 | — | 9.8% | ||
| Q3 25 | — | 7.2% | ||
| Q2 25 | -35.7% | 6.4% | ||
| Q1 25 | — | 9.9% | ||
| Q4 24 | — | 12.7% | ||
| Q3 24 | — | 9.3% | ||
| Q2 24 | 70.8% | 8.2% | ||
| Q1 24 | — | 6.7% |
| Q4 25 | — | $2.40 | ||
| Q3 25 | — | $1.80 | ||
| Q2 25 | — | $1.46 | ||
| Q1 25 | — | $2.39 | ||
| Q4 24 | — | $2.88 | ||
| Q3 24 | — | $2.01 | ||
| Q2 24 | — | $1.71 | ||
| Q1 24 | — | $1.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2B | $450.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.2B | $1.9B |
| Total Assets | $23.9B | $4.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $450.1M | ||
| Q3 25 | — | $388.6M | ||
| Q2 25 | $1.2B | $346.7M | ||
| Q1 25 | — | $343.1M | ||
| Q4 24 | — | $463.2M | ||
| Q3 24 | — | $407.9M | ||
| Q2 24 | $466.0M | $344.1M | ||
| Q1 24 | — | $333.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $802.0M |
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | $2.2B | $1.9B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | $3.5B | $1.8B | ||
| Q1 24 | — | $1.8B |
| Q4 25 | — | $4.0B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | $23.9B | $4.1B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | $23.7B | $3.6B | ||
| Q1 24 | — | $3.5B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.57× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.46× |
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 | $478.0M | $184.6M |
| Free Cash FlowOCF − Capex | — | $171.3M |
| FCF MarginFCF / Revenue | — | 18.6% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | — | 2.04× |
| TTM Free Cash FlowTrailing 4 quarters | — | $441.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $184.6M | ||
| Q3 25 | — | $218.0M | ||
| Q2 25 | $478.0M | $968.0K | ||
| Q1 25 | — | $135.2M | ||
| Q4 24 | — | $81.1M | ||
| Q3 24 | — | $33.6M | ||
| Q2 24 | $511.0M | $10.4M | ||
| Q1 24 | — | — |
| Q4 25 | — | $171.3M | ||
| Q3 25 | — | $197.1M | ||
| Q2 25 | — | $-32.1M | ||
| Q1 25 | — | $104.9M | ||
| Q4 24 | — | $56.8M | ||
| Q3 24 | — | $3.3M | ||
| Q2 24 | — | $-25.7M | ||
| Q1 24 | — | — |
| Q4 25 | — | 18.6% | ||
| Q3 25 | — | 20.7% | ||
| Q2 25 | — | -3.6% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | -3.0% | ||
| Q1 24 | — | — |
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | 4.2% | ||
| Q1 24 | — | — |
| Q4 25 | — | 2.04× | ||
| Q3 25 | — | 3.19× | ||
| Q2 25 | — | 0.02× | ||
| Q1 25 | — | 1.40× | ||
| Q4 24 | — | 0.71× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | 0.79× | 0.15× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BIPC
Segment breakdown not available.
ENS
| Energy Systems | $399.5M | 43% |
| Motive Power | $352.0M | 38% |
| Services | $92.6M | 10% |
| Transferred Over Time | $38.2M | 4% |
| Other | $36.8M | 4% |
