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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Kinsale Capital Group, Inc. (KNSL). Click either name above to swap in a different company.

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $466.7M, roughly 1.9× Kinsale Capital Group, Inc.). Kinsale Capital Group, Inc. runs the higher net margin — 24.1% vs -35.7%, a 59.8% gap on every dollar of revenue. On growth, Kinsale Capital Group, Inc. posted the faster year-over-year revenue change (10.2% 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.

Flagstar Bank, N.A. (FLG), is an American regional financial services holding company headquartered in Hicksville, New York. In 2023, the bank operated 395 branches However, they rebranded all of these under the Flagstar name on February 21, 2024.

BIPC vs KNSL — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.9× larger
BIPC
$866.0M
$466.7M
KNSL
Growing faster (revenue YoY)
KNSL
KNSL
+14.9% gap
KNSL
10.2%
-4.6%
BIPC
Higher net margin
KNSL
KNSL
59.8% more per $
KNSL
24.1%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BIPC
BIPC
KNSL
KNSL
Revenue
$866.0M
$466.7M
Net Profit
$-309.0M
$112.6M
Gross Margin
65.0%
Operating Margin
62.7%
Net Margin
-35.7%
24.1%
Revenue YoY
-4.6%
10.2%
Net Profit YoY
-148.1%
26.1%
EPS (diluted)
$4.88

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
KNSL
KNSL
Q1 26
$466.7M
Q4 25
$483.3M
Q3 25
$497.5M
Q2 25
$866.0M
$469.8M
Q1 25
$423.4M
Q4 24
$412.1M
Q3 24
$418.1M
Q2 24
$908.0M
$384.6M
Net Profit
BIPC
BIPC
KNSL
KNSL
Q1 26
$112.6M
Q4 25
$138.6M
Q3 25
$141.6M
Q2 25
$-309.0M
$134.1M
Q1 25
$89.2M
Q4 24
$109.1M
Q3 24
$114.2M
Q2 24
$643.0M
$92.6M
Gross Margin
BIPC
BIPC
KNSL
KNSL
Q1 26
Q4 25
Q3 25
Q2 25
65.0%
Q1 25
Q4 24
Q3 24
Q2 24
63.8%
Operating Margin
BIPC
BIPC
KNSL
KNSL
Q1 26
Q4 25
36.2%
Q3 25
36.0%
Q2 25
62.7%
35.8%
Q1 25
26.5%
Q4 24
33.6%
Q3 24
34.5%
Q2 24
61.9%
30.1%
Net Margin
BIPC
BIPC
KNSL
KNSL
Q1 26
24.1%
Q4 25
28.7%
Q3 25
28.5%
Q2 25
-35.7%
28.5%
Q1 25
21.1%
Q4 24
26.5%
Q3 24
27.3%
Q2 24
70.8%
24.1%
EPS (diluted)
BIPC
BIPC
KNSL
KNSL
Q1 26
$4.88
Q4 25
$5.97
Q3 25
$6.09
Q2 25
$5.76
Q1 25
$3.83
Q4 24
$4.67
Q3 24
$4.90
Q2 24
$3.97

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
KNSL
KNSL
Cash + ST InvestmentsLiquidity on hand
$1.2B
$223.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$2.0B
Total Assets
$23.9B
$6.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
KNSL
KNSL
Q1 26
$223.3M
Q4 25
Q3 25
$170.2M
Q2 25
$1.2B
$138.1M
Q1 25
$142.0M
Q4 24
$113.2M
Q3 24
$111.7M
Q2 24
$466.0M
$171.0M
Total Debt
BIPC
BIPC
KNSL
KNSL
Q1 26
Q4 25
$224.4M
Q3 25
$199.3M
Q2 25
$184.3M
Q1 25
$184.2M
Q4 24
$184.1M
Q3 24
$184.1M
Q2 24
$184.0M
Stockholders' Equity
BIPC
BIPC
KNSL
KNSL
Q1 26
$2.0B
Q4 25
$2.0B
Q3 25
$1.9B
Q2 25
$2.2B
$1.7B
Q1 25
$1.6B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$3.5B
$1.3B
Total Assets
BIPC
BIPC
KNSL
KNSL
Q1 26
$6.2B
Q4 25
$6.0B
Q3 25
$5.8B
Q2 25
$23.9B
$5.6B
Q1 25
$5.2B
Q4 24
$4.9B
Q3 24
$4.7B
Q2 24
$23.7B
$4.4B
Debt / Equity
BIPC
BIPC
KNSL
KNSL
Q1 26
Q4 25
0.11×
Q3 25
0.11×
Q2 25
0.11×
Q1 25
0.12×
Q4 24
0.12×
Q3 24
0.13×
Q2 24
0.15×

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
KNSL
KNSL
Operating Cash FlowLast quarter
$478.0M
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.

Operating Cash Flow
BIPC
BIPC
KNSL
KNSL
Q1 26
Q4 25
$241.4M
Q3 25
$303.5M
Q2 25
$478.0M
$269.1M
Q1 25
$229.8M
Q4 24
$213.0M
Q3 24
$274.0M
Q2 24
$511.0M
$278.9M
Free Cash Flow
BIPC
BIPC
KNSL
KNSL
Q1 26
Q4 25
$230.8M
Q3 25
$289.5M
Q2 25
$252.1M
Q1 25
$217.6M
Q4 24
$202.2M
Q3 24
$268.2M
Q2 24
$275.1M
FCF Margin
BIPC
BIPC
KNSL
KNSL
Q1 26
Q4 25
47.8%
Q3 25
58.2%
Q2 25
53.7%
Q1 25
51.4%
Q4 24
49.1%
Q3 24
64.2%
Q2 24
71.5%
Capex Intensity
BIPC
BIPC
KNSL
KNSL
Q1 26
Q4 25
2.2%
Q3 25
2.8%
Q2 25
3.6%
Q1 25
2.9%
Q4 24
2.6%
Q3 24
1.4%
Q2 24
1.0%
Cash Conversion
BIPC
BIPC
KNSL
KNSL
Q1 26
Q4 25
1.74×
Q3 25
2.14×
Q2 25
2.01×
Q1 25
2.58×
Q4 24
1.95×
Q3 24
2.40×
Q2 24
0.79×
3.01×

Financial Flow Comparison

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

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