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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and EAGLE MATERIALS INC (EXP). Click either name above to swap in a different company.

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $556.0M, roughly 1.6× EAGLE MATERIALS INC). EAGLE MATERIALS INC runs the higher net margin — 18.5% vs -35.7%, a 54.2% gap on every dollar of revenue. On growth, EAGLE MATERIALS INC posted the faster year-over-year revenue change (-0.4% 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.

Eagle Materials Inc. is an American producer of building materials based in Dallas, Texas. The company produces cement, concrete, construction aggregate, gypsum, wallboard, paperboard, and sand for hydraulic fracturing.

BIPC vs EXP — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.6× larger
BIPC
$866.0M
$556.0M
EXP
Growing faster (revenue YoY)
EXP
EXP
+4.3% gap
EXP
-0.4%
-4.6%
BIPC
Higher net margin
EXP
EXP
54.2% more per $
EXP
18.5%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
BIPC
BIPC
EXP
EXP
Revenue
$866.0M
$556.0M
Net Profit
$-309.0M
$102.9M
Gross Margin
65.0%
28.9%
Operating Margin
62.7%
Net Margin
-35.7%
18.5%
Revenue YoY
-4.6%
-0.4%
Net Profit YoY
-148.1%
-13.9%
EPS (diluted)
$3.22

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
EXP
EXP
Q4 25
$556.0M
Q3 25
$638.9M
Q2 25
$866.0M
$634.7M
Q1 25
$470.2M
Q4 24
$558.0M
Q3 24
$623.6M
Q2 24
$908.0M
$608.7M
Q1 24
$476.7M
Net Profit
BIPC
BIPC
EXP
EXP
Q4 25
$102.9M
Q3 25
$137.4M
Q2 25
$-309.0M
$123.4M
Q1 25
$66.5M
Q4 24
$119.6M
Q3 24
$143.5M
Q2 24
$643.0M
$133.8M
Q1 24
$77.1M
Gross Margin
BIPC
BIPC
EXP
EXP
Q4 25
28.9%
Q3 25
31.3%
Q2 25
65.0%
29.2%
Q1 25
22.2%
Q4 24
31.9%
Q3 24
32.7%
Q2 24
63.8%
30.7%
Q1 24
25.1%
Operating Margin
BIPC
BIPC
EXP
EXP
Q4 25
Q3 25
Q2 25
62.7%
Q1 25
Q4 24
32.8%
Q3 24
34.2%
Q2 24
61.9%
32.0%
Q1 24
26.9%
Net Margin
BIPC
BIPC
EXP
EXP
Q4 25
18.5%
Q3 25
21.5%
Q2 25
-35.7%
19.4%
Q1 25
14.1%
Q4 24
21.4%
Q3 24
23.0%
Q2 24
70.8%
22.0%
Q1 24
16.2%
EPS (diluted)
BIPC
BIPC
EXP
EXP
Q4 25
$3.22
Q3 25
$4.23
Q2 25
$3.76
Q1 25
$2.01
Q4 24
$3.56
Q3 24
$4.26
Q2 24
$3.94
Q1 24
$2.23

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
EXP
EXP
Cash + ST InvestmentsLiquidity on hand
$1.2B
$419.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$1.5B
Total Assets
$23.9B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
EXP
EXP
Q4 25
$419.0M
Q3 25
$35.0M
Q2 25
$1.2B
$59.7M
Q1 25
$20.4M
Q4 24
$31.2M
Q3 24
$93.9M
Q2 24
$466.0M
$46.5M
Q1 24
$34.9M
Total Debt
BIPC
BIPC
EXP
EXP
Q4 25
Q3 25
Q2 25
Q1 25
$1.2B
Q4 24
Q3 24
Q2 24
Q1 24
$1.1B
Stockholders' Equity
BIPC
BIPC
EXP
EXP
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$2.2B
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$3.5B
$1.4B
Q1 24
$1.3B
Total Assets
BIPC
BIPC
EXP
EXP
Q4 25
$3.8B
Q3 25
$3.4B
Q2 25
$23.9B
$3.4B
Q1 25
$3.3B
Q4 24
$3.0B
Q3 24
$3.1B
Q2 24
$23.7B
$3.0B
Q1 24
$2.9B
Debt / Equity
BIPC
BIPC
EXP
EXP
Q4 25
Q3 25
Q2 25
Q1 25
0.86×
Q4 24
Q3 24
Q2 24
Q1 24
0.84×

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
EXP
EXP
Operating Cash FlowLast quarter
$478.0M
$170.8M
Free Cash FlowOCF − Capex
$60.8M
FCF MarginFCF / Revenue
10.9%
Capex IntensityCapex / Revenue
19.8%
Cash ConversionOCF / Net Profit
1.66×
TTM Free Cash FlowTrailing 4 quarters
$231.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
EXP
EXP
Q4 25
$170.8M
Q3 25
$204.6M
Q2 25
$478.0M
$136.6M
Q1 25
$62.8M
Q4 24
$119.9M
Q3 24
$233.3M
Q2 24
$511.0M
$132.6M
Q1 24
$63.4M
Free Cash Flow
BIPC
BIPC
EXP
EXP
Q4 25
$60.8M
Q3 25
$96.1M
Q2 25
$60.5M
Q1 25
$14.5M
Q4 24
$72.5M
Q3 24
$166.8M
Q2 24
$99.5M
Q1 24
$30.9M
FCF Margin
BIPC
BIPC
EXP
EXP
Q4 25
10.9%
Q3 25
15.0%
Q2 25
9.5%
Q1 25
3.1%
Q4 24
13.0%
Q3 24
26.7%
Q2 24
16.3%
Q1 24
6.5%
Capex Intensity
BIPC
BIPC
EXP
EXP
Q4 25
19.8%
Q3 25
17.0%
Q2 25
12.0%
Q1 25
10.3%
Q4 24
8.5%
Q3 24
10.7%
Q2 24
5.4%
Q1 24
6.8%
Cash Conversion
BIPC
BIPC
EXP
EXP
Q4 25
1.66×
Q3 25
1.49×
Q2 25
1.11×
Q1 25
0.94×
Q4 24
1.00×
Q3 24
1.63×
Q2 24
0.79×
0.99×
Q1 24
0.82×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

EXP
EXP

External Customers$283.5M51%
Gypsum Wallboard$175.9M32%
Recycled Paperboard$47.8M9%
Corporate Joint Venture$29.4M5%
Other$11.8M2%
Western Pennsylvania Acquisition$7.6M1%

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