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

SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $866.0M, roughly 1.6× Brookfield Infrastructure Corp). SEALED AIR CORP runs the higher net margin — 3.1% vs -35.7%, a 38.8% gap on every dollar of revenue. On growth, SEALED AIR CORP posted the faster year-over-year revenue change (2.6% 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.

Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.

BIPC vs SEE — Head-to-Head

Bigger by revenue
SEE
SEE
1.6× larger
SEE
$1.4B
$866.0M
BIPC
Growing faster (revenue YoY)
SEE
SEE
+7.2% gap
SEE
2.6%
-4.6%
BIPC
Higher net margin
SEE
SEE
38.8% more per $
SEE
3.1%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
SEE
SEE
Revenue
$866.0M
$1.4B
Net Profit
$-309.0M
$43.8M
Gross Margin
65.0%
28.6%
Operating Margin
62.7%
11.4%
Net Margin
-35.7%
3.1%
Revenue YoY
-4.6%
2.6%
Net Profit YoY
-148.1%
700.0%
EPS (diluted)
$0.30

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
SEE
SEE
Q4 25
$1.4B
Q3 25
$1.3B
Q2 25
$866.0M
$1.3B
Q1 25
$1.3B
Q4 24
$1.4B
Q3 24
$1.3B
Q2 24
$908.0M
$1.3B
Q1 24
$1.3B
Net Profit
BIPC
BIPC
SEE
SEE
Q4 25
$43.8M
Q3 25
$255.1M
Q2 25
$-309.0M
$93.1M
Q1 25
$113.5M
Q4 24
$-7.3M
Q3 24
$91.7M
Q2 24
$643.0M
$98.3M
Q1 24
$82.0M
Gross Margin
BIPC
BIPC
SEE
SEE
Q4 25
28.6%
Q3 25
29.8%
Q2 25
65.0%
30.7%
Q1 25
30.9%
Q4 24
30.0%
Q3 24
30.1%
Q2 24
63.8%
31.2%
Q1 24
30.3%
Operating Margin
BIPC
BIPC
SEE
SEE
Q4 25
11.4%
Q3 25
13.8%
Q2 25
62.7%
15.0%
Q1 25
14.5%
Q4 24
11.7%
Q3 24
13.9%
Q2 24
61.9%
15.4%
Q1 24
14.0%
Net Margin
BIPC
BIPC
SEE
SEE
Q4 25
3.1%
Q3 25
19.0%
Q2 25
-35.7%
7.0%
Q1 25
9.0%
Q4 24
-0.5%
Q3 24
6.9%
Q2 24
70.8%
7.4%
Q1 24
6.2%
EPS (diluted)
BIPC
BIPC
SEE
SEE
Q4 25
$0.30
Q3 25
$1.73
Q2 25
$0.63
Q1 25
$0.77
Q4 24
$-0.05
Q3 24
$0.63
Q2 24
$0.67
Q1 24
$0.56

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
SEE
SEE
Cash + ST InvestmentsLiquidity on hand
$1.2B
$344.0M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$2.2B
$1.2B
Total Assets
$23.9B
$7.0B
Debt / EquityLower = less leverage
2.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
SEE
SEE
Q4 25
$344.0M
Q3 25
$282.5M
Q2 25
$1.2B
$354.4M
Q1 25
$335.2M
Q4 24
$371.8M
Q3 24
$386.0M
Q2 24
$466.0M
$388.6M
Q1 24
$352.8M
Total Debt
BIPC
BIPC
SEE
SEE
Q4 25
$3.3B
Q3 25
$4.0B
Q2 25
$4.0B
Q1 25
$4.2B
Q4 24
$4.2B
Q3 24
$4.3B
Q2 24
$4.4B
Q1 24
$4.5B
Stockholders' Equity
BIPC
BIPC
SEE
SEE
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$2.2B
$953.1M
Q1 25
$797.9M
Q4 24
$624.5M
Q3 24
$771.2M
Q2 24
$3.5B
$650.1M
Q1 24
$598.3M
Total Assets
BIPC
BIPC
SEE
SEE
Q4 25
$7.0B
Q3 25
$7.1B
Q2 25
$23.9B
$7.2B
Q1 25
$7.0B
Q4 24
$7.0B
Q3 24
$7.3B
Q2 24
$23.7B
$7.3B
Q1 24
$7.2B
Debt / Equity
BIPC
BIPC
SEE
SEE
Q4 25
2.65×
Q3 25
3.34×
Q2 25
4.18×
Q1 25
5.26×
Q4 24
6.72×
Q3 24
5.62×
Q2 24
6.81×
Q1 24
7.49×

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
SEE
SEE
Operating Cash FlowLast quarter
$478.0M
$293.6M
Free Cash FlowOCF − Capex
$257.7M
FCF MarginFCF / Revenue
18.5%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
6.70×
TTM Free Cash FlowTrailing 4 quarters
$458.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
SEE
SEE
Q4 25
$293.6M
Q3 25
$165.9M
Q2 25
$478.0M
$136.6M
Q1 25
$31.9M
Q4 24
$244.2M
Q3 24
$170.5M
Q2 24
$511.0M
$188.2M
Q1 24
$125.1M
Free Cash Flow
BIPC
BIPC
SEE
SEE
Q4 25
$257.7M
Q3 25
$119.6M
Q2 25
$93.2M
Q1 25
$-12.0M
Q4 24
$185.1M
Q3 24
$115.2M
Q2 24
$129.5M
Q1 24
$78.0M
FCF Margin
BIPC
BIPC
SEE
SEE
Q4 25
18.5%
Q3 25
8.9%
Q2 25
7.0%
Q1 25
-0.9%
Q4 24
13.6%
Q3 24
8.6%
Q2 24
9.7%
Q1 24
5.9%
Capex Intensity
BIPC
BIPC
SEE
SEE
Q4 25
2.6%
Q3 25
3.4%
Q2 25
3.3%
Q1 25
3.5%
Q4 24
4.4%
Q3 24
4.1%
Q2 24
4.4%
Q1 24
3.6%
Cash Conversion
BIPC
BIPC
SEE
SEE
Q4 25
6.70×
Q3 25
0.65×
Q2 25
1.47×
Q1 25
0.28×
Q4 24
Q3 24
1.86×
Q2 24
0.79×
1.91×
Q1 24
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

SEE
SEE

Protective Segment$1.1B78%
Other$292.0M21%
Pension Plans Defined Benefit$7.9M1%

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