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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and StoneX Group Inc. (SNEX). Click either name above to swap in a different company.
StoneX Group Inc. is the larger business by last-quarter revenue ($1.2B vs $866.0M, roughly 1.4× Brookfield Infrastructure Corp). StoneX Group Inc. runs the higher net margin — 11.6% vs -35.7%, a 47.3% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% 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.
StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).
BIPC vs SNEX — Head-to-Head
Income Statement — Q2 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $866.0M | $1.2B |
| Net Profit | $-309.0M | $139.0M |
| Gross Margin | 65.0% | — |
| Operating Margin | 62.7% | 15.4% |
| Net Margin | -35.7% | 11.6% |
| Revenue YoY | -4.6% | 81.0% |
| Net Profit YoY | -148.1% | 63.3% |
| EPS (diluted) | — | $2.50 |
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.
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $32.7B | ||
| Q2 25 | $866.0M | $851.2M | ||
| Q1 25 | — | $820.4M | ||
| Q4 24 | — | $663.1M | ||
| Q3 24 | — | $31.1B | ||
| Q2 24 | $908.0M | $571.8M | ||
| Q1 24 | — | $509.2M |
| Q4 25 | — | $139.0M | ||
| Q3 25 | — | $85.7M | ||
| Q2 25 | $-309.0M | $63.4M | ||
| Q1 25 | — | $71.7M | ||
| Q4 24 | — | $85.1M | ||
| Q3 24 | — | $76.7M | ||
| Q2 24 | $643.0M | $61.9M | ||
| Q1 24 | — | $53.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | 65.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.0% | ||
| Q2 24 | 63.8% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 15.4% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | 62.7% | -1.3% | ||
| Q1 25 | — | -1.0% | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | — | -0.0% | ||
| Q2 24 | 61.9% | -4.7% | ||
| Q1 24 | — | -2.5% |
| Q4 25 | — | 11.6% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | -35.7% | 7.4% | ||
| Q1 25 | — | 8.7% | ||
| Q4 24 | — | 12.8% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | 70.8% | 10.8% | ||
| Q1 24 | — | 10.4% |
| Q4 25 | — | $2.50 | ||
| Q3 25 | — | $0.72 | ||
| Q2 25 | — | $1.22 | ||
| Q1 25 | — | $1.41 | ||
| Q4 24 | — | $1.69 | ||
| Q3 24 | — | $2.32 | ||
| Q2 24 | — | $1.25 | ||
| Q1 24 | — | $1.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2B | $1.6B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.2B | $2.5B |
| Total Assets | $23.9B | $47.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | $466.0M | $1.2B | ||
| Q1 24 | — | $1.3B |
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | $2.2B | $2.0B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | $3.5B | $1.6B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | — | $47.8B | ||
| Q3 25 | — | $45.3B | ||
| Q2 25 | $23.9B | $34.3B | ||
| Q1 25 | — | $31.3B | ||
| Q4 24 | — | $29.6B | ||
| Q3 24 | — | $27.5B | ||
| Q2 24 | $23.7B | $25.9B | ||
| Q1 24 | — | $25.7B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $478.0M | $-1.3B |
| Free Cash FlowOCF − Capex | — | $-1.3B |
| FCF MarginFCF / Revenue | — | -106.4% |
| Capex IntensityCapex / Revenue | — | 1.3% |
| Cash ConversionOCF / Net Profit | — | -9.08× |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-1.3B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | $478.0M | $1.5B | ||
| Q1 25 | — | $-154.5M | ||
| Q4 24 | — | $-477.8M | ||
| Q3 24 | — | $192.6M | ||
| Q2 24 | $511.0M | $-622.1M | ||
| Q1 24 | — | $784.0M |
| Q4 25 | — | $-1.3B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $-169.8M | ||
| Q4 24 | — | $-491.4M | ||
| Q3 24 | — | $175.9M | ||
| Q2 24 | — | $-640.5M | ||
| Q1 24 | — | $766.6M |
| Q4 25 | — | -106.4% | ||
| Q3 25 | — | 10.7% | ||
| Q2 25 | — | 173.3% | ||
| Q1 25 | — | -20.7% | ||
| Q4 24 | — | -74.1% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | -112.0% | ||
| Q1 24 | — | 150.5% |
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 3.2% | ||
| Q1 24 | — | 3.4% |
| Q4 25 | — | -9.08× | ||
| Q3 25 | — | 41.18× | ||
| Q2 25 | — | 23.52× | ||
| Q1 25 | — | -2.15× | ||
| Q4 24 | — | -5.61× | ||
| Q3 24 | — | 2.51× | ||
| Q2 24 | 0.79× | -10.05× | ||
| Q1 24 | — | 14.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
