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

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $755.1M, roughly 1.1× Knife River Corp). Knife River Corp runs the higher net margin — 4.2% vs -35.7%, a 39.9% gap on every dollar of revenue. On growth, Knife River Corp posted the faster year-over-year revenue change (14.9% 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.

Columbia River Knife & Tool, Inc. (CRKT) is an American knife company established in 1994, and currently based in Tualatin, Oregon, United States. The company's president and sales executive is Rod Bremer and the finance executive is Peggy Bremer.

BIPC vs KNF — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.1× larger
BIPC
$866.0M
$755.1M
KNF
Growing faster (revenue YoY)
KNF
KNF
+19.5% gap
KNF
14.9%
-4.6%
BIPC
Higher net margin
KNF
KNF
39.9% more per $
KNF
4.2%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
KNF
KNF
Revenue
$866.0M
$755.1M
Net Profit
$-309.0M
$32.0M
Gross Margin
65.0%
19.2%
Operating Margin
62.7%
8.6%
Net Margin
-35.7%
4.2%
Revenue YoY
-4.6%
14.9%
Net Profit YoY
-148.1%
37.6%
EPS (diluted)
$0.56

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
KNF
KNF
Q4 25
$755.1M
Q3 25
$1.2B
Q2 25
$866.0M
$833.8M
Q1 25
$353.5M
Q4 24
$657.2M
Q3 24
$1.1B
Q2 24
$908.0M
$806.9M
Q1 24
$329.6M
Net Profit
BIPC
BIPC
KNF
KNF
Q4 25
$32.0M
Q3 25
$143.2M
Q2 25
$-309.0M
$50.6M
Q1 25
$-68.7M
Q4 24
$23.3M
Q3 24
$148.1M
Q2 24
$643.0M
$77.9M
Q1 24
$-47.6M
Gross Margin
BIPC
BIPC
KNF
KNF
Q4 25
19.2%
Q3 25
23.6%
Q2 25
65.0%
18.9%
Q1 25
-2.7%
Q4 24
17.4%
Q3 24
24.7%
Q2 24
63.8%
21.8%
Q1 24
2.0%
Operating Margin
BIPC
BIPC
KNF
KNF
Q4 25
8.6%
Q3 25
17.9%
Q2 25
62.7%
10.6%
Q1 25
-23.4%
Q4 24
6.7%
Q3 24
18.9%
Q2 24
61.9%
14.5%
Q1 24
-16.3%
Net Margin
BIPC
BIPC
KNF
KNF
Q4 25
4.2%
Q3 25
11.9%
Q2 25
-35.7%
6.1%
Q1 25
-19.4%
Q4 24
3.5%
Q3 24
13.4%
Q2 24
70.8%
9.7%
Q1 24
-14.5%
EPS (diluted)
BIPC
BIPC
KNF
KNF
Q4 25
$0.56
Q3 25
$2.52
Q2 25
$0.89
Q1 25
$-1.21
Q4 24
$0.42
Q3 24
$2.60
Q2 24
$1.37
Q1 24
$-0.84

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
KNF
KNF
Cash + ST InvestmentsLiquidity on hand
$1.2B
$73.8M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$2.2B
$1.6B
Total Assets
$23.9B
$3.7B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
KNF
KNF
Q4 25
$73.8M
Q3 25
$30.7M
Q2 25
$1.2B
$26.6M
Q1 25
$86.1M
Q4 24
$236.8M
Q3 24
$220.4M
Q2 24
$466.0M
$15.5M
Q1 24
$128.4M
Total Debt
BIPC
BIPC
KNF
KNF
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.4B
Q1 25
$1.2B
Q4 24
$677.4M
Q3 24
$678.5M
Q2 24
$679.5M
Q1 24
$680.6M
Stockholders' Equity
BIPC
BIPC
KNF
KNF
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$2.2B
$1.5B
Q1 25
$1.4B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$3.5B
$1.3B
Q1 24
$1.2B
Total Assets
BIPC
BIPC
KNF
KNF
Q4 25
$3.7B
Q3 25
$3.7B
Q2 25
$23.9B
$3.6B
Q1 25
$3.3B
Q4 24
$2.9B
Q3 24
$2.9B
Q2 24
$23.7B
$2.7B
Q1 24
$2.5B
Debt / Equity
BIPC
BIPC
KNF
KNF
Q4 25
0.71×
Q3 25
0.74×
Q2 25
0.93×
Q1 25
0.83×
Q4 24
0.46×
Q3 24
0.47×
Q2 24
0.52×
Q1 24
0.56×

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
KNF
KNF
Operating Cash FlowLast quarter
$478.0M
$195.9M
Free Cash FlowOCF − Capex
$138.2M
FCF MarginFCF / Revenue
18.3%
Capex IntensityCapex / Revenue
7.6%
Cash ConversionOCF / Net Profit
6.12×
TTM Free Cash FlowTrailing 4 quarters
$-69.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
KNF
KNF
Q4 25
$195.9M
Q3 25
$250.4M
Q2 25
$478.0M
$-42.6M
Q1 25
$-125.3M
Q4 24
$172.4M
Q3 24
$239.7M
Q2 24
$511.0M
$-46.6M
Q1 24
$-43.2M
Free Cash Flow
BIPC
BIPC
KNF
KNF
Q4 25
$138.2M
Q3 25
$188.7M
Q2 25
$-196.2M
Q1 25
$-200.2M
Q4 24
$127.2M
Q3 24
$216.1M
Q2 24
$-106.5M
Q1 24
$-86.9M
FCF Margin
BIPC
BIPC
KNF
KNF
Q4 25
18.3%
Q3 25
15.7%
Q2 25
-23.5%
Q1 25
-56.6%
Q4 24
19.3%
Q3 24
19.6%
Q2 24
-13.2%
Q1 24
-26.4%
Capex Intensity
BIPC
BIPC
KNF
KNF
Q4 25
7.6%
Q3 25
5.1%
Q2 25
18.4%
Q1 25
21.2%
Q4 24
6.9%
Q3 24
2.1%
Q2 24
7.4%
Q1 24
13.3%
Cash Conversion
BIPC
BIPC
KNF
KNF
Q4 25
6.12×
Q3 25
1.75×
Q2 25
-0.84×
Q1 25
Q4 24
7.41×
Q3 24
1.62×
Q2 24
0.79×
-0.60×
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.

KNF
KNF

Services$347.2M46%
Ready Mix Concrete$88.4M12%
Contracting Services Public Sector$80.2M11%
Aggregates$73.9M10%
Energy Services Segment$56.2M7%
Liquid Asphalt$49.1M7%
Other$43.2M6%
Asphalt$22.7M3%

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