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

Huntington Ingalls Industries is the larger business by last-quarter revenue ($1.7B vs $866.0M, roughly 1.9× Brookfield Infrastructure Corp). Huntington Ingalls Industries runs the higher net margin — 8.9% vs -35.7%, a 44.6% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (13.8% 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.

Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII was formed on 31 March 2011, as a divestiture from Northrop Grumman.

BIPC vs HII — Head-to-Head

Bigger by revenue
HII
HII
1.9× larger
HII
$1.7B
$866.0M
BIPC
Growing faster (revenue YoY)
HII
HII
+18.4% gap
HII
13.8%
-4.6%
BIPC
Higher net margin
HII
HII
44.6% more per $
HII
8.9%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BIPC
BIPC
HII
HII
Revenue
$866.0M
$1.7B
Net Profit
$-309.0M
$149.0M
Gross Margin
65.0%
Operating Margin
62.7%
9.3%
Net Margin
-35.7%
8.9%
Revenue YoY
-4.6%
13.8%
Net Profit YoY
-148.1%
EPS (diluted)
$3.79

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
HII
HII
Q1 26
$1.7B
Q4 25
$3.5B
Q3 25
$3.2B
Q2 25
$866.0M
$3.1B
Q1 25
$2.7B
Q4 24
$3.0B
Q3 24
$2.7B
Q2 24
$908.0M
$3.0B
Net Profit
BIPC
BIPC
HII
HII
Q1 26
$149.0M
Q4 25
$159.0M
Q3 25
$145.0M
Q2 25
$-309.0M
$152.0M
Q1 25
$149.0M
Q4 24
$123.0M
Q3 24
$101.0M
Q2 24
$643.0M
$173.0M
Gross Margin
BIPC
BIPC
HII
HII
Q1 26
Q4 25
Q3 25
Q2 25
65.0%
Q1 25
Q4 24
Q3 24
Q2 24
63.8%
Operating Margin
BIPC
BIPC
HII
HII
Q1 26
9.3%
Q4 25
4.9%
Q3 25
5.0%
Q2 25
62.7%
5.3%
Q1 25
5.9%
Q4 24
3.7%
Q3 24
3.0%
Q2 24
61.9%
6.3%
Net Margin
BIPC
BIPC
HII
HII
Q1 26
8.9%
Q4 25
4.6%
Q3 25
4.5%
Q2 25
-35.7%
4.9%
Q1 25
5.4%
Q4 24
4.1%
Q3 24
3.7%
Q2 24
70.8%
5.8%
EPS (diluted)
BIPC
BIPC
HII
HII
Q1 26
$3.79
Q4 25
$4.06
Q3 25
$3.68
Q2 25
$3.86
Q1 25
$3.79
Q4 24
$3.15
Q3 24
$2.56
Q2 24
$4.38

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
HII
HII
Cash + ST InvestmentsLiquidity on hand
$1.2B
$216.0M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$2.2B
$5.1B
Total Assets
$23.9B
$12.5B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
HII
HII
Q1 26
$216.0M
Q4 25
Q3 25
Q2 25
$1.2B
Q1 25
Q4 24
Q3 24
Q2 24
$466.0M
Total Debt
BIPC
BIPC
HII
HII
Q1 26
$2.7B
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
$2.7B
Q3 24
Q2 24
Stockholders' Equity
BIPC
BIPC
HII
HII
Q1 26
$5.1B
Q4 25
$5.1B
Q3 25
$5.0B
Q2 25
$2.2B
$4.9B
Q1 25
$4.8B
Q4 24
$4.7B
Q3 24
$4.2B
Q2 24
$3.5B
$4.2B
Total Assets
BIPC
BIPC
HII
HII
Q1 26
$12.5B
Q4 25
$12.7B
Q3 25
$12.3B
Q2 25
$23.9B
$12.1B
Q1 25
$12.1B
Q4 24
$12.1B
Q3 24
$11.1B
Q2 24
$23.7B
$11.3B
Debt / Equity
BIPC
BIPC
HII
HII
Q1 26
0.52×
Q4 25
0.53×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
Q3 24
Q2 24

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
HII
HII
Operating Cash FlowLast quarter
$478.0M
$-390.0M
Free Cash FlowOCF − Capex
$-461.0M
FCF MarginFCF / Revenue
-27.7%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
-2.62×
TTM Free Cash FlowTrailing 4 quarters
$795.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
HII
HII
Q1 26
$-390.0M
Q4 25
$650.0M
Q3 25
$118.0M
Q2 25
$478.0M
$823.0M
Q1 25
$-395.0M
Q4 24
$391.0M
Q3 24
$213.0M
Q2 24
$511.0M
$-9.0M
Free Cash Flow
BIPC
BIPC
HII
HII
Q1 26
$-461.0M
Q4 25
$516.0M
Q3 25
$13.0M
Q2 25
$727.0M
Q1 25
$-462.0M
Q4 24
$277.0M
Q3 24
$125.0M
Q2 24
$-99.0M
FCF Margin
BIPC
BIPC
HII
HII
Q1 26
-27.7%
Q4 25
14.8%
Q3 25
0.4%
Q2 25
23.6%
Q1 25
-16.9%
Q4 24
9.2%
Q3 24
4.5%
Q2 24
-3.3%
Capex Intensity
BIPC
BIPC
HII
HII
Q1 26
4.4%
Q4 25
3.9%
Q3 25
3.3%
Q2 25
3.1%
Q1 25
2.5%
Q4 24
3.8%
Q3 24
3.2%
Q2 24
3.0%
Cash Conversion
BIPC
BIPC
HII
HII
Q1 26
-2.62×
Q4 25
4.09×
Q3 25
0.81×
Q2 25
5.41×
Q1 25
-2.65×
Q4 24
3.18×
Q3 24
2.11×
Q2 24
0.79×
-0.05×

Financial Flow Comparison

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

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