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

FMC CORP is the larger business by last-quarter revenue ($1.1B vs $866.0M, roughly 1.3× Brookfield Infrastructure Corp). Brookfield Infrastructure Corp runs the higher net margin — -35.7% vs -158.8%, a 123.2% gap on every dollar of revenue. On growth, Brookfield Infrastructure Corp posted the faster year-over-year revenue change (-4.6% vs -11.5%).

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.

FMC Corporation is an American chemical manufacturing company headquartered in Philadelphia, Pennsylvania, which originated as an insecticide producer in 1883 and later diversified into other industries. In 1941 at the beginning of US involvement in WWII, the company received a contract to design and build amphibious tracked landing vehicles for the United States Department of War, and afterwards the company continued to diversify its products. FMC employs 7,000 people worldwide, and had gros...

BIPC vs FMC — Head-to-Head

Bigger by revenue
FMC
FMC
1.3× larger
FMC
$1.1B
$866.0M
BIPC
Growing faster (revenue YoY)
BIPC
BIPC
+6.9% gap
BIPC
-4.6%
-11.5%
FMC
Higher net margin
BIPC
BIPC
123.2% more per $
BIPC
-35.7%
-158.8%
FMC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
FMC
FMC
Revenue
$866.0M
$1.1B
Net Profit
$-309.0M
$-1.7B
Gross Margin
65.0%
39.8%
Operating Margin
62.7%
-130.8%
Net Margin
-35.7%
-158.8%
Revenue YoY
-4.6%
-11.5%
Net Profit YoY
-148.1%
-10457.1%
EPS (diluted)
$-13.77

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
FMC
FMC
Q4 25
$1.1B
Q3 25
$542.2M
Q2 25
$866.0M
$1.1B
Q1 25
$791.4M
Q4 24
$1.2B
Q3 24
$1.1B
Q2 24
$908.0M
$1.0B
Q1 24
$918.0M
Net Profit
BIPC
BIPC
FMC
FMC
Q4 25
$-1.7B
Q3 25
$-569.3M
Q2 25
$-309.0M
$66.7M
Q1 25
$-15.5M
Q4 24
$-16.3M
Q3 24
$65.0M
Q2 24
$643.0M
$295.1M
Q1 24
$-2.7M
Gross Margin
BIPC
BIPC
FMC
FMC
Q4 25
39.8%
Q3 25
23.8%
Q2 25
65.0%
38.7%
Q1 25
40.0%
Q4 24
42.9%
Q3 24
36.3%
Q2 24
63.8%
38.3%
Q1 24
37.0%
Operating Margin
BIPC
BIPC
FMC
FMC
Q4 25
-130.8%
Q3 25
-73.1%
Q2 25
62.7%
12.0%
Q1 25
7.4%
Q4 24
19.2%
Q3 24
12.7%
Q2 24
61.9%
6.0%
Q1 24
8.1%
Net Margin
BIPC
BIPC
FMC
FMC
Q4 25
-158.8%
Q3 25
-105.0%
Q2 25
-35.7%
6.3%
Q1 25
-2.0%
Q4 24
-1.3%
Q3 24
6.1%
Q2 24
70.8%
28.4%
Q1 24
-0.3%
EPS (diluted)
BIPC
BIPC
FMC
FMC
Q4 25
$-13.77
Q3 25
$-4.52
Q2 25
$0.53
Q1 25
$-0.12
Q4 24
$-0.13
Q3 24
$0.52
Q2 24
$2.35
Q1 24
$-0.02

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
FMC
FMC
Cash + ST InvestmentsLiquidity on hand
$1.2B
$584.5M
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$2.2B
$2.1B
Total Assets
$23.9B
$9.7B
Debt / EquityLower = less leverage
1.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
FMC
FMC
Q4 25
$584.5M
Q3 25
$497.7M
Q2 25
$1.2B
$438.2M
Q1 25
$315.3M
Q4 24
$357.3M
Q3 24
$416.7M
Q2 24
$466.0M
$471.5M
Q1 24
$417.8M
Total Debt
BIPC
BIPC
FMC
FMC
Q4 25
$3.4B
Q3 25
$3.4B
Q2 25
$3.4B
Q1 25
$3.1B
Q4 24
$3.1B
Q3 24
$3.1B
Q2 24
$3.1B
Q1 24
$3.1B
Stockholders' Equity
BIPC
BIPC
FMC
FMC
Q4 25
$2.1B
Q3 25
$3.8B
Q2 25
$2.2B
$4.4B
Q1 25
$4.4B
Q4 24
$4.5B
Q3 24
$4.6B
Q2 24
$3.5B
$4.6B
Q1 24
$4.3B
Total Assets
BIPC
BIPC
FMC
FMC
Q4 25
$9.7B
Q3 25
$12.1B
Q2 25
$23.9B
$12.3B
Q1 25
$11.8B
Q4 24
$11.7B
Q3 24
$12.2B
Q2 24
$23.7B
$12.1B
Q1 24
$12.0B
Debt / Equity
BIPC
BIPC
FMC
FMC
Q4 25
1.62×
Q3 25
0.89×
Q2 25
0.76×
Q1 25
0.71×
Q4 24
0.69×
Q3 24
0.68×
Q2 24
0.68×
Q1 24
0.72×

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
FMC
FMC
Operating Cash FlowLast quarter
$478.0M
$657.1M
Free Cash FlowOCF − Capex
$631.1M
FCF MarginFCF / Revenue
58.3%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-102.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
FMC
FMC
Q4 25
$657.1M
Q3 25
$-184.2M
Q2 25
$478.0M
$65.9M
Q1 25
$-545.0M
Q4 24
$427.9M
Q3 24
$159.5M
Q2 24
$511.0M
$292.2M
Q1 24
$-142.9M
Free Cash Flow
BIPC
BIPC
FMC
FMC
Q4 25
$631.1M
Q3 25
$-207.9M
Q2 25
$50.9M
Q1 25
$-576.6M
Q4 24
$406.3M
Q3 24
$143.8M
Q2 24
$282.3M
Q1 24
$-163.6M
FCF Margin
BIPC
BIPC
FMC
FMC
Q4 25
58.3%
Q3 25
-38.3%
Q2 25
4.8%
Q1 25
-72.9%
Q4 24
33.2%
Q3 24
13.5%
Q2 24
27.2%
Q1 24
-17.8%
Capex Intensity
BIPC
BIPC
FMC
FMC
Q4 25
2.4%
Q3 25
4.4%
Q2 25
1.4%
Q1 25
4.0%
Q4 24
1.8%
Q3 24
1.5%
Q2 24
1.0%
Q1 24
2.3%
Cash Conversion
BIPC
BIPC
FMC
FMC
Q4 25
Q3 25
Q2 25
0.99×
Q1 25
Q4 24
Q3 24
2.45×
Q2 24
0.79×
0.99×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

FMC
FMC

Insecticides$440.3M41%
Herbicides$378.8M35%
Fungicides$140.4M13%
Plant Health$65.6M6%
Other$45.0M4%

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