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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and SELECTIVE INSURANCE GROUP INC (SIGI). Click either name above to swap in a different company.

SELECTIVE INSURANCE GROUP INC is the larger business by last-quarter revenue ($1.4B vs $866.0M, roughly 1.6× Brookfield Infrastructure Corp). SELECTIVE INSURANCE GROUP INC runs the higher net margin — 7.2% vs -35.7%, a 42.9% gap on every dollar of revenue. On growth, SELECTIVE INSURANCE GROUP INC posted the faster year-over-year revenue change (5.7% 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.

Selective Insurance Group Inc. is a U.S.-based insurance holding company that provides a comprehensive portfolio of property and casualty insurance products, including personal auto, home insurance, commercial property, liability, and workers' compensation coverage. It primarily serves small and medium-sized businesses, individual consumers, and nonprofits across the U.S., distributing offerings via a network of independent insurance agents.

BIPC vs SIGI — Head-to-Head

Bigger by revenue
SIGI
SIGI
1.6× larger
SIGI
$1.4B
$866.0M
BIPC
Growing faster (revenue YoY)
SIGI
SIGI
+10.4% gap
SIGI
5.7%
-4.6%
BIPC
Higher net margin
SIGI
SIGI
42.9% more per $
SIGI
7.2%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BIPC
BIPC
SIGI
SIGI
Revenue
$866.0M
$1.4B
Net Profit
$-309.0M
$97.7M
Gross Margin
65.0%
Operating Margin
62.7%
Net Margin
-35.7%
7.2%
Revenue YoY
-4.6%
5.7%
Net Profit YoY
-148.1%
EPS (diluted)
$1.58

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
SIGI
SIGI
Q1 26
$1.4B
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$866.0M
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$908.0M
$1.2B
Net Profit
BIPC
BIPC
SIGI
SIGI
Q1 26
$97.7M
Q4 25
$155.2M
Q3 25
$115.3M
Q2 25
$-309.0M
$85.9M
Q1 25
$109.9M
Q4 24
$95.5M
Q3 24
$92.3M
Q2 24
$643.0M
$-63.3M
Gross Margin
BIPC
BIPC
SIGI
SIGI
Q1 26
Q4 25
Q3 25
Q2 25
65.0%
Q1 25
Q4 24
Q3 24
Q2 24
63.8%
Operating Margin
BIPC
BIPC
SIGI
SIGI
Q1 26
Q4 25
14.4%
Q3 25
10.7%
Q2 25
62.7%
8.2%
Q1 25
10.8%
Q4 24
9.5%
Q3 24
9.4%
Q2 24
61.9%
-6.7%
Net Margin
BIPC
BIPC
SIGI
SIGI
Q1 26
7.2%
Q4 25
11.4%
Q3 25
8.5%
Q2 25
-35.7%
6.5%
Q1 25
8.6%
Q4 24
7.6%
Q3 24
7.4%
Q2 24
70.8%
-5.3%
EPS (diluted)
BIPC
BIPC
SIGI
SIGI
Q1 26
$1.58
Q4 25
$2.52
Q3 25
$1.85
Q2 25
$1.36
Q1 25
$1.76
Q4 24
$1.53
Q3 24
$1.47
Q2 24
$-1.08

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
SIGI
SIGI
Cash + ST InvestmentsLiquidity on hand
$1.2B
$451.8M
Total DebtLower is stronger
$901.4M
Stockholders' EquityBook value
$2.2B
$3.6B
Total Assets
$23.9B
$15.3B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
SIGI
SIGI
Q1 26
$451.8M
Q4 25
Q3 25
Q2 25
$1.2B
Q1 25
Q4 24
Q3 24
Q2 24
$466.0M
Total Debt
BIPC
BIPC
SIGI
SIGI
Q1 26
$901.4M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$507.9M
Q3 24
$508.2M
Q2 24
$508.8M
Stockholders' Equity
BIPC
BIPC
SIGI
SIGI
Q1 26
$3.6B
Q4 25
$3.6B
Q3 25
$3.5B
Q2 25
$2.2B
$3.4B
Q1 25
$3.3B
Q4 24
$3.1B
Q3 24
$3.2B
Q2 24
$3.5B
$2.9B
Total Assets
BIPC
BIPC
SIGI
SIGI
Q1 26
$15.3B
Q4 25
$15.2B
Q3 25
$15.0B
Q2 25
$23.9B
$14.5B
Q1 25
$14.2B
Q4 24
$13.5B
Q3 24
$13.5B
Q2 24
$23.7B
$12.6B
Debt / Equity
BIPC
BIPC
SIGI
SIGI
Q1 26
0.25×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.16×
Q3 24
0.16×
Q2 24
0.17×

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
SIGI
SIGI
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
SIGI
SIGI
Q1 26
Q4 25
$376.3M
Q3 25
$405.8M
Q2 25
$478.0M
$166.9M
Q1 25
$284.0M
Q4 24
$332.2M
Q3 24
$387.4M
Q2 24
$511.0M
$266.1M
Free Cash Flow
BIPC
BIPC
SIGI
SIGI
Q1 26
Q4 25
$366.3M
Q3 25
$397.3M
Q2 25
$159.7M
Q1 25
$271.0M
Q4 24
$324.7M
Q3 24
$378.0M
Q2 24
$258.4M
FCF Margin
BIPC
BIPC
SIGI
SIGI
Q1 26
Q4 25
26.8%
Q3 25
29.2%
Q2 25
12.0%
Q1 25
21.1%
Q4 24
25.8%
Q3 24
30.4%
Q2 24
21.6%
Capex Intensity
BIPC
BIPC
SIGI
SIGI
Q1 26
Q4 25
0.7%
Q3 25
0.6%
Q2 25
0.5%
Q1 25
1.0%
Q4 24
0.6%
Q3 24
0.8%
Q2 24
0.6%
Cash Conversion
BIPC
BIPC
SIGI
SIGI
Q1 26
Q4 25
2.42×
Q3 25
3.52×
Q2 25
1.94×
Q1 25
2.58×
Q4 24
3.48×
Q3 24
4.20×
Q2 24
0.79×

Financial Flow Comparison

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

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