vs

Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and MERCURY GENERAL CORP (MCY). Click either name above to swap in a different company.

MERCURY GENERAL CORP is the larger business by last-quarter revenue ($1.5B vs $866.0M, roughly 1.8× Brookfield Infrastructure Corp). MERCURY GENERAL CORP runs the higher net margin — 13.2% vs -35.7%, a 48.9% gap on every dollar of revenue. On growth, MERCURY GENERAL CORP posted the faster year-over-year revenue change (12.4% 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.

Mercury General Corporation is a multiple-line insurance organization that offers personal automobiles, homeowners, renters, and business insurance. Mercury's primary focus is automobiles and homeowners' insurance.

BIPC vs MCY — Head-to-Head

Bigger by revenue
MCY
MCY
1.8× larger
MCY
$1.5B
$866.0M
BIPC
Growing faster (revenue YoY)
MCY
MCY
+17.0% gap
MCY
12.4%
-4.6%
BIPC
Higher net margin
MCY
MCY
48.9% more per $
MCY
13.2%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
MCY
MCY
Revenue
$866.0M
$1.5B
Net Profit
$-309.0M
$202.5M
Gross Margin
65.0%
99.7%
Operating Margin
62.7%
16.2%
Net Margin
-35.7%
13.2%
Revenue YoY
-4.6%
12.4%
Net Profit YoY
-148.1%
100.4%
EPS (diluted)
$3.66

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
MCY
MCY
Q4 25
$1.5B
Q3 25
$1.6B
Q2 25
$866.0M
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.5B
Q2 24
$908.0M
$1.3B
Q1 24
$1.3B
Net Profit
BIPC
BIPC
MCY
MCY
Q4 25
$202.5M
Q3 25
$280.4M
Q2 25
$-309.0M
$166.5M
Q1 25
$-108.3M
Q4 24
$101.1M
Q3 24
$230.9M
Q2 24
$643.0M
$62.6M
Q1 24
$73.5M
Gross Margin
BIPC
BIPC
MCY
MCY
Q4 25
99.7%
Q3 25
99.8%
Q2 25
65.0%
99.8%
Q1 25
99.7%
Q4 24
99.7%
Q3 24
99.8%
Q2 24
63.8%
99.8%
Q1 24
99.7%
Operating Margin
BIPC
BIPC
MCY
MCY
Q4 25
16.2%
Q3 25
22.1%
Q2 25
62.7%
14.0%
Q1 25
-10.2%
Q4 24
9.0%
Q3 24
18.8%
Q2 24
61.9%
5.8%
Q1 24
7.0%
Net Margin
BIPC
BIPC
MCY
MCY
Q4 25
13.2%
Q3 25
17.7%
Q2 25
-35.7%
11.3%
Q1 25
-7.8%
Q4 24
7.4%
Q3 24
15.1%
Q2 24
70.8%
4.8%
Q1 24
5.8%
EPS (diluted)
BIPC
BIPC
MCY
MCY
Q4 25
$3.66
Q3 25
$5.06
Q2 25
$3.01
Q1 25
$-1.96
Q4 24
$1.82
Q3 24
$4.17
Q2 24
$1.13
Q1 24
$1.33

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
MCY
MCY
Cash + ST InvestmentsLiquidity on hand
$1.2B
Total DebtLower is stronger
$575.0M
Stockholders' EquityBook value
$2.2B
$2.4B
Total Assets
$23.9B
$9.6B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
MCY
MCY
Q4 25
Q3 25
Q2 25
$1.2B
Q1 25
Q4 24
Q3 24
Q2 24
$466.0M
Q1 24
Total Debt
BIPC
BIPC
MCY
MCY
Q4 25
$575.0M
Q3 25
Q2 25
Q1 25
Q4 24
$575.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BIPC
BIPC
MCY
MCY
Q4 25
$2.4B
Q3 25
$2.2B
Q2 25
$2.2B
$2.0B
Q1 25
$1.8B
Q4 24
$1.9B
Q3 24
$1.9B
Q2 24
$3.5B
$1.6B
Q1 24
$1.6B
Total Assets
BIPC
BIPC
MCY
MCY
Q4 25
$9.6B
Q3 25
$9.4B
Q2 25
$23.9B
$9.1B
Q1 25
$9.0B
Q4 24
$8.3B
Q3 24
$8.2B
Q2 24
$23.7B
$7.7B
Q1 24
$7.4B
Debt / Equity
BIPC
BIPC
MCY
MCY
Q4 25
0.24×
Q3 25
Q2 25
Q1 25
Q4 24
0.30×
Q3 24
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
MCY
MCY
Operating Cash FlowLast quarter
$478.0M
$287.9M
Free Cash FlowOCF − Capex
$273.9M
FCF MarginFCF / Revenue
17.8%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
1.42×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
MCY
MCY
Q4 25
$287.9M
Q3 25
$496.4M
Q2 25
$478.0M
$371.6M
Q1 25
$-68.7M
Q4 24
$248.3M
Q3 24
$318.1M
Q2 24
$511.0M
$278.0M
Q1 24
$192.6M
Free Cash Flow
BIPC
BIPC
MCY
MCY
Q4 25
$273.9M
Q3 25
$479.5M
Q2 25
$357.2M
Q1 25
$-81.9M
Q4 24
$236.0M
Q3 24
$306.2M
Q2 24
$266.5M
Q1 24
$182.4M
FCF Margin
BIPC
BIPC
MCY
MCY
Q4 25
17.8%
Q3 25
30.3%
Q2 25
24.2%
Q1 25
-5.9%
Q4 24
17.3%
Q3 24
20.0%
Q2 24
20.4%
Q1 24
14.3%
Capex Intensity
BIPC
BIPC
MCY
MCY
Q4 25
0.9%
Q3 25
1.1%
Q2 25
1.0%
Q1 25
0.9%
Q4 24
0.9%
Q3 24
0.8%
Q2 24
0.9%
Q1 24
0.8%
Cash Conversion
BIPC
BIPC
MCY
MCY
Q4 25
1.42×
Q3 25
1.77×
Q2 25
2.23×
Q1 25
Q4 24
2.46×
Q3 24
1.38×
Q2 24
0.79×
4.44×
Q1 24
2.62×

Financial Flow Comparison

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

Related Comparisons