vs
Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Equity Residential (EQR). Click either name above to swap in a different company.
Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $781.9M, roughly 1.1× Equity Residential). Equity Residential runs the higher net margin — 48.9% vs -35.7%, a 84.5% gap on every dollar of revenue. On growth, Equity Residential posted the faster year-over-year revenue change (2.0% 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.
Equity Residential is a United States–based publicly traded real estate investment trust that invests in apartments.
BIPC vs EQR — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $866.0M | $781.9M |
| Net Profit | $-309.0M | $382.1M |
| Gross Margin | 65.0% | — |
| Operating Margin | 62.7% | 50.6% |
| Net Margin | -35.7% | 48.9% |
| Revenue YoY | -4.6% | 2.0% |
| Net Profit YoY | -148.1% | -8.8% |
| EPS (diluted) | — | $1.01 |
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 | — | $781.9M | ||
| Q3 25 | — | $782.4M | ||
| Q2 25 | $866.0M | $768.8M | ||
| Q1 25 | — | $760.8M | ||
| Q4 24 | — | $766.8M | ||
| Q3 24 | — | $748.3M | ||
| Q2 24 | $908.0M | $734.2M | ||
| Q1 24 | — | $730.8M |
| Q4 25 | — | $382.1M | ||
| Q3 25 | — | $289.1M | ||
| Q2 25 | $-309.0M | $192.4M | ||
| Q1 25 | — | $256.6M | ||
| Q4 24 | — | $419.1M | ||
| Q3 24 | — | $143.4M | ||
| Q2 24 | $643.0M | $177.5M | ||
| Q1 24 | — | $295.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 65.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 63.8% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 50.6% | ||
| Q3 25 | — | 38.5% | ||
| Q2 25 | 62.7% | 26.6% | ||
| Q1 25 | — | 35.7% | ||
| Q4 24 | — | 57.2% | ||
| Q3 24 | — | 20.1% | ||
| Q2 24 | 61.9% | 25.3% | ||
| Q1 24 | — | 42.0% |
| Q4 25 | — | 48.9% | ||
| Q3 25 | — | 36.9% | ||
| Q2 25 | -35.7% | 25.0% | ||
| Q1 25 | — | 33.7% | ||
| Q4 24 | — | 54.7% | ||
| Q3 24 | — | 19.2% | ||
| Q2 24 | 70.8% | 24.2% | ||
| Q1 24 | — | 40.5% |
| Q4 25 | — | $1.01 | ||
| Q3 25 | — | $0.76 | ||
| Q2 25 | — | $0.50 | ||
| Q1 25 | — | $0.67 | ||
| Q4 24 | — | $1.10 | ||
| Q3 24 | — | $0.38 | ||
| Q2 24 | — | $0.47 | ||
| Q1 24 | — | $0.77 |
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 | $55.9M |
| Total DebtLower is stronger | — | $8.2B |
| Stockholders' EquityBook value | $2.2B | $11.0B |
| Total Assets | $23.9B | $20.7B |
| Debt / EquityLower = less leverage | — | 0.75× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $55.9M | ||
| Q3 25 | — | $93.1M | ||
| Q2 25 | $1.2B | $31.3M | ||
| Q1 25 | — | $39.8M | ||
| Q4 24 | — | $62.3M | ||
| Q3 24 | — | $28.6M | ||
| Q2 24 | $466.0M | $38.3M | ||
| Q1 24 | — | $44.5M |
| Q4 25 | — | $8.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $8.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $11.0B | ||
| Q3 25 | — | $11.1B | ||
| Q2 25 | $2.2B | $11.0B | ||
| Q1 25 | — | $11.0B | ||
| Q4 24 | — | $11.0B | ||
| Q3 24 | — | $10.9B | ||
| Q2 24 | $3.5B | $11.0B | ||
| Q1 24 | — | $11.1B |
| Q4 25 | — | $20.7B | ||
| Q3 25 | — | $21.1B | ||
| Q2 25 | $23.9B | $21.0B | ||
| Q1 25 | — | $20.6B | ||
| Q4 24 | — | $20.8B | ||
| Q3 24 | — | $20.9B | ||
| Q2 24 | $23.7B | $19.8B | ||
| Q1 24 | — | $19.9B |
| Q4 25 | — | 0.75× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $387.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.01× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $476.7M | ||
| Q2 25 | $478.0M | $359.5M | ||
| Q1 25 | — | $425.5M | ||
| Q4 24 | — | $354.2M | ||
| Q3 24 | — | $401.4M | ||
| Q2 24 | $511.0M | $396.9M | ||
| Q1 24 | — | $421.0M |
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | 1.65× | ||
| Q2 25 | — | 1.87× | ||
| Q1 25 | — | 1.66× | ||
| Q4 24 | — | 0.85× | ||
| Q3 24 | — | 2.80× | ||
| Q2 24 | 0.79× | 2.24× | ||
| Q1 24 | — | 1.42× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
