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

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $531.4M, roughly 1.6× PJT Partners Inc.). PJT Partners Inc. runs the higher net margin — 10.0% vs -35.7%, a 45.7% gap on every dollar of revenue. On growth, PJT Partners Inc. posted the faster year-over-year revenue change (12.9% 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.

PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.

BIPC vs PJT — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.6× larger
BIPC
$866.0M
$531.4M
PJT
Growing faster (revenue YoY)
PJT
PJT
+17.6% gap
PJT
12.9%
-4.6%
BIPC
Higher net margin
PJT
PJT
45.7% more per $
PJT
10.0%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
PJT
PJT
Revenue
$866.0M
$531.4M
Net Profit
$-309.0M
$53.4M
Gross Margin
65.0%
Operating Margin
62.7%
23.1%
Net Margin
-35.7%
10.0%
Revenue YoY
-4.6%
12.9%
Net Profit YoY
-148.1%
4.0%
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
PJT
PJT
Q4 25
$531.4M
Q3 25
$442.3M
Q2 25
$866.0M
$401.1M
Q1 25
$321.9M
Q4 24
$470.5M
Q3 24
$320.3M
Q2 24
$908.0M
$358.1M
Q1 24
$327.1M
Net Profit
BIPC
BIPC
PJT
PJT
Q4 25
$53.4M
Q3 25
$39.8M
Q2 25
$-309.0M
$32.9M
Q1 25
$54.0M
Q4 24
$51.3M
Q3 24
$22.1M
Q2 24
$643.0M
$28.3M
Q1 24
$32.6M
Gross Margin
BIPC
BIPC
PJT
PJT
Q4 25
Q3 25
Q2 25
65.0%
Q1 25
Q4 24
Q3 24
Q2 24
63.8%
Q1 24
Operating Margin
BIPC
BIPC
PJT
PJT
Q4 25
23.1%
Q3 25
20.6%
Q2 25
62.7%
19.1%
Q1 25
16.3%
Q4 24
21.9%
Q3 24
15.4%
Q2 24
61.9%
18.0%
Q1 24
16.5%
Net Margin
BIPC
BIPC
PJT
PJT
Q4 25
10.0%
Q3 25
9.0%
Q2 25
-35.7%
8.2%
Q1 25
16.8%
Q4 24
10.9%
Q3 24
6.9%
Q2 24
70.8%
7.9%
Q1 24
10.0%

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
PJT
PJT
Cash + ST InvestmentsLiquidity on hand
$1.2B
$538.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$308.2M
Total Assets
$23.9B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
PJT
PJT
Q4 25
$538.9M
Q3 25
$400.5M
Q2 25
$1.2B
$214.6M
Q1 25
$194.3M
Q4 24
$483.9M
Q3 24
$148.8M
Q2 24
$466.0M
$164.2M
Q1 24
$215.5M
Stockholders' Equity
BIPC
BIPC
PJT
PJT
Q4 25
$308.2M
Q3 25
$228.6M
Q2 25
$2.2B
$167.4M
Q1 25
$148.8M
Q4 24
$187.0M
Q3 24
$159.1M
Q2 24
$3.5B
$133.8M
Q1 24
$174.6M
Total Assets
BIPC
BIPC
PJT
PJT
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$23.9B
$1.5B
Q1 25
$1.4B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$23.7B
$1.4B
Q1 24
$1.3B

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
PJT
PJT
Operating Cash FlowLast quarter
$478.0M
$155.7M
Free Cash FlowOCF − Capex
$138.6M
FCF MarginFCF / Revenue
26.1%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
2.92×
TTM Free Cash FlowTrailing 4 quarters
$480.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
PJT
PJT
Q4 25
$155.7M
Q3 25
$256.1M
Q2 25
$478.0M
$190.4M
Q1 25
$-75.9M
Q4 24
$195.7M
Q3 24
$180.5M
Q2 24
$511.0M
$193.6M
Q1 24
$-38.8M
Free Cash Flow
BIPC
BIPC
PJT
PJT
Q4 25
$138.6M
Q3 25
$240.9M
Q2 25
$178.9M
Q1 25
$-77.9M
Q4 24
$195.3M
Q3 24
$178.5M
Q2 24
$193.0M
Q1 24
$-39.2M
FCF Margin
BIPC
BIPC
PJT
PJT
Q4 25
26.1%
Q3 25
54.5%
Q2 25
44.6%
Q1 25
-24.2%
Q4 24
41.5%
Q3 24
55.7%
Q2 24
53.9%
Q1 24
-12.0%
Capex Intensity
BIPC
BIPC
PJT
PJT
Q4 25
3.2%
Q3 25
3.4%
Q2 25
2.9%
Q1 25
0.6%
Q4 24
0.1%
Q3 24
0.6%
Q2 24
0.1%
Q1 24
0.1%
Cash Conversion
BIPC
BIPC
PJT
PJT
Q4 25
2.92×
Q3 25
6.43×
Q2 25
5.79×
Q1 25
-1.41×
Q4 24
3.81×
Q3 24
8.15×
Q2 24
0.79×
6.84×
Q1 24
-1.19×

Financial Flow Comparison

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

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