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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Fidelity National Financial, Inc. (FNF). Click either name above to swap in a different company.
Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $544.0M, roughly 1.6× Fidelity National Financial, Inc.). Fidelity National Financial, Inc. runs the higher net margin — -21.5% vs -35.7%, a 14.2% gap on every dollar of revenue. On growth, Fidelity National Financial, Inc. posted the faster year-over-year revenue change (10.3% 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.
Fidelity National Financial, Inc., is an American provider of title insurance and settlement services to the real estate and mortgage industries. A Fortune 500 company, Fidelity National Financial generated approximately $8.469 billion in annual revenue in 2019 from its title and real estate-related operations. The company was the first instance of an attorney licensed by a Native American Tribe being certified as "authorized house counsel" in the state of Florida.
BIPC vs FNF — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $866.0M | $544.0M |
| Net Profit | $-309.0M | $-117.0M |
| Gross Margin | 65.0% | — |
| Operating Margin | 62.7% | 82.9% |
| Net Margin | -35.7% | -21.5% |
| Revenue YoY | -4.6% | 10.3% |
| Net Profit YoY | -148.1% | -126.0% |
| EPS (diluted) | — | $-0.44 |
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 | — | $544.0M | ||
| Q3 25 | — | $553.0M | ||
| Q2 25 | $866.0M | $547.0M | ||
| Q1 25 | — | $455.0M | ||
| Q4 24 | — | $493.0M | ||
| Q3 24 | — | $506.0M | ||
| Q2 24 | $908.0M | $504.0M | ||
| Q1 24 | — | $421.0M |
| Q4 25 | — | $-117.0M | ||
| Q3 25 | — | $358.0M | ||
| Q2 25 | $-309.0M | $278.0M | ||
| Q1 25 | — | $83.0M | ||
| Q4 24 | — | $450.0M | ||
| Q3 24 | — | $266.0M | ||
| Q2 24 | $643.0M | $306.0M | ||
| Q1 24 | — | $248.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 65.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 63.8% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 82.9% | ||
| Q3 25 | — | 81.9% | ||
| Q2 25 | 62.7% | 69.8% | ||
| Q1 25 | — | 24.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 61.9% | ||
| Q2 24 | 61.9% | 90.9% | ||
| Q1 24 | — | 78.6% |
| Q4 25 | — | -21.5% | ||
| Q3 25 | — | 64.7% | ||
| Q2 25 | -35.7% | 50.8% | ||
| Q1 25 | — | 18.2% | ||
| Q4 24 | — | 91.3% | ||
| Q3 24 | — | 52.6% | ||
| Q2 24 | 70.8% | 60.7% | ||
| Q1 24 | — | 58.9% |
| Q4 25 | — | $-0.44 | ||
| Q3 25 | — | $1.33 | ||
| Q2 25 | — | $1.02 | ||
| Q1 25 | — | $0.30 | ||
| Q4 24 | — | $1.65 | ||
| Q3 24 | — | $0.97 | ||
| Q2 24 | — | $1.12 | ||
| Q1 24 | — | $0.91 |
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 | $2.6B |
| Total DebtLower is stronger | — | $4.4B |
| Stockholders' EquityBook value | $2.2B | $7.4B |
| Total Assets | $23.9B | $109.0B |
| Debt / EquityLower = less leverage | — | 0.59× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $2.6B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | $1.2B | $3.3B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | — | $5.0B | ||
| Q2 24 | $466.0M | $4.9B | ||
| Q1 24 | — | $3.5B |
| Q4 25 | — | $4.4B | ||
| Q3 25 | — | $4.4B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | — | $4.3B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $4.2B | ||
| Q1 24 | — | $3.9B |
| Q4 25 | — | $7.4B | ||
| Q3 25 | — | $8.4B | ||
| Q2 25 | $2.2B | $7.9B | ||
| Q1 25 | — | $7.9B | ||
| Q4 24 | — | $7.8B | ||
| Q3 24 | — | $8.1B | ||
| Q2 24 | $3.5B | $7.3B | ||
| Q1 24 | — | $7.1B |
| Q4 25 | — | $109.0B | ||
| Q3 25 | — | $106.6B | ||
| Q2 25 | $23.9B | $102.3B | ||
| Q1 25 | — | $98.2B | ||
| Q4 24 | — | $95.4B | ||
| Q3 24 | — | $94.7B | ||
| Q2 24 | $23.7B | $88.8B | ||
| Q1 24 | — | $84.5B |
| Q4 25 | — | 0.59× | ||
| Q3 25 | — | 0.53× | ||
| Q2 25 | — | 0.56× | ||
| Q1 25 | — | 0.56× | ||
| Q4 24 | — | 0.56× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.58× | ||
| Q1 24 | — | 0.55× |
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 | $1.5B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | $478.0M | $1.9B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | $511.0M | $1.4B | ||
| Q1 24 | — | $1.6B |
| Q4 25 | — | — | ||
| Q3 25 | — | 3.66× | ||
| Q2 25 | — | 6.82× | ||
| Q1 25 | — | 13.43× | ||
| Q4 24 | — | 3.32× | ||
| Q3 24 | — | 8.89× | ||
| Q2 24 | 0.79× | 4.45× | ||
| Q1 24 | — | 6.42× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BIPC
Segment breakdown not available.
FNF
| Escrow Fees | $241.0M | 44% |
| Other Title Related Fees And Income | $182.0M | 33% |
| Service Link Excluding Title Premiums Escrow Fees And Subservicing Fees | $87.0M | 16% |
| Insurance Contracts Home Warranty | $31.0M | 6% |
