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

INGLES MARKETS INC is the larger business by last-quarter revenue ($1.4B vs $866.0M, roughly 1.6× Brookfield Infrastructure Corp). INGLES MARKETS INC runs the higher net margin — 2.0% vs -35.7%, a 37.7% gap on every dollar of revenue. On growth, INGLES MARKETS INC posted the faster year-over-year revenue change (6.6% 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.

Ingles Markets, Inc. is an American supermarket chain based in Black Mountain, North Carolina. As of September 2021, the company operates 198 supermarkets in the Appalachian region of the Southeastern United States. The company is listed on the NASDAQ under the ticker symbol IMKTA and is part of the Global Select Market tier of trading.

BIPC vs IMKTA — Head-to-Head

Bigger by revenue
IMKTA
IMKTA
1.6× larger
IMKTA
$1.4B
$866.0M
BIPC
Growing faster (revenue YoY)
IMKTA
IMKTA
+11.2% gap
IMKTA
6.6%
-4.6%
BIPC
Higher net margin
IMKTA
IMKTA
37.7% more per $
IMKTA
2.0%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BIPC
BIPC
IMKTA
IMKTA
Revenue
$866.0M
$1.4B
Net Profit
$-309.0M
$28.1M
Gross Margin
65.0%
24.4%
Operating Margin
62.7%
2.9%
Net Margin
-35.7%
2.0%
Revenue YoY
-4.6%
6.6%
Net Profit YoY
-148.1%
69.6%
EPS (diluted)

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
IMKTA
IMKTA
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$866.0M
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.4B
Q2 24
$908.0M
$1.4B
Q1 24
$1.4B
Net Profit
BIPC
BIPC
IMKTA
IMKTA
Q4 25
$28.1M
Q3 25
$25.7M
Q2 25
$-309.0M
$26.2M
Q1 25
$15.1M
Q4 24
$16.6M
Q3 24
$-1.5M
Q2 24
$643.0M
$31.7M
Q1 24
$31.9M
Gross Margin
BIPC
BIPC
IMKTA
IMKTA
Q4 25
24.4%
Q3 25
24.5%
Q2 25
65.0%
24.3%
Q1 25
23.4%
Q4 24
23.4%
Q3 24
21.4%
Q2 24
63.8%
23.7%
Q1 24
23.5%
Operating Margin
BIPC
BIPC
IMKTA
IMKTA
Q4 25
2.9%
Q3 25
2.6%
Q2 25
62.7%
2.8%
Q1 25
1.6%
Q4 24
1.8%
Q3 24
-0.1%
Q2 24
61.9%
3.2%
Q1 24
3.3%
Net Margin
BIPC
BIPC
IMKTA
IMKTA
Q4 25
2.0%
Q3 25
1.9%
Q2 25
-35.7%
1.9%
Q1 25
1.1%
Q4 24
1.3%
Q3 24
-0.1%
Q2 24
70.8%
2.3%
Q1 24
2.3%

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
IMKTA
IMKTA
Cash + ST InvestmentsLiquidity on hand
$1.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$1.6B
Total Assets
$23.9B
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
IMKTA
IMKTA
Q4 25
Q3 25
Q2 25
$1.2B
Q1 25
Q4 24
Q3 24
Q2 24
$466.0M
Q1 24
Total Debt
BIPC
BIPC
IMKTA
IMKTA
Q4 25
Q3 25
$514.8M
Q2 25
Q1 25
Q4 24
Q3 24
$532.6M
Q2 24
Q1 24
Stockholders' Equity
BIPC
BIPC
IMKTA
IMKTA
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$2.2B
$1.6B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.5B
Q2 24
$3.5B
$1.6B
Q1 24
$1.5B
Total Assets
BIPC
BIPC
IMKTA
IMKTA
Q4 25
$2.6B
Q3 25
$2.6B
Q2 25
$23.9B
$2.5B
Q1 25
$2.5B
Q4 24
$2.5B
Q3 24
$2.5B
Q2 24
$23.7B
$2.5B
Q1 24
$2.5B
Debt / Equity
BIPC
BIPC
IMKTA
IMKTA
Q4 25
Q3 25
0.32×
Q2 25
Q1 25
Q4 24
Q3 24
0.34×
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
BIPC
BIPC
IMKTA
IMKTA
Operating Cash FlowLast quarter
$478.0M
$38.4M
Free Cash FlowOCF − Capex
$2.1M
FCF MarginFCF / Revenue
0.1%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
1.37×
TTM Free Cash FlowTrailing 4 quarters
$123.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
IMKTA
IMKTA
Q4 25
$38.4M
Q3 25
$59.9M
Q2 25
$478.0M
$74.8M
Q1 25
$63.1M
Q4 24
$-43.6M
Q3 24
$73.3M
Q2 24
$511.0M
$103.3M
Q1 24
$70.4M
Free Cash Flow
BIPC
BIPC
IMKTA
IMKTA
Q4 25
$2.1M
Q3 25
$36.8M
Q2 25
$45.4M
Q1 25
$38.9M
Q4 24
$-81.4M
Q3 24
$5.4M
Q2 24
$58.6M
Q1 24
$35.3M
FCF Margin
BIPC
BIPC
IMKTA
IMKTA
Q4 25
0.1%
Q3 25
2.7%
Q2 25
3.4%
Q1 25
2.9%
Q4 24
-6.3%
Q3 24
0.4%
Q2 24
4.2%
Q1 24
2.6%
Capex Intensity
BIPC
BIPC
IMKTA
IMKTA
Q4 25
2.6%
Q3 25
1.7%
Q2 25
2.2%
Q1 25
1.8%
Q4 24
2.9%
Q3 24
4.9%
Q2 24
3.2%
Q1 24
2.6%
Cash Conversion
BIPC
BIPC
IMKTA
IMKTA
Q4 25
1.37×
Q3 25
2.33×
Q2 25
2.85×
Q1 25
4.17×
Q4 24
-2.63×
Q3 24
Q2 24
0.79×
3.26×
Q1 24
2.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

IMKTA
IMKTA

Grocery$502.1M37%
Perishables$359.7M26%
Non Foods$305.5M22%
Gasoline$152.1M11%
Other$53.6M4%

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