vs

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

Solstice Advanced Materials Inc. is the larger business by last-quarter revenue ($969.0M vs $866.0M, roughly 1.1× Brookfield Infrastructure Corp). Solstice Advanced Materials Inc. runs the higher net margin — -3.6% vs -35.7%, a 32.1% gap on every dollar of revenue. On growth, Solstice Advanced Materials Inc. posted the faster year-over-year revenue change (6.8% 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.

Solstice Advanced Materials Inc. is a specialty advanced materials provider that develops, produces and distributes high-performance functional materials for renewable energy systems, consumer electronics, industrial manufacturing and advanced automotive sectors. The company focuses on material solutions that boost product durability, energy efficiency and operational performance for its global clients.

BIPC vs SOLS — Head-to-Head

Bigger by revenue
SOLS
SOLS
1.1× larger
SOLS
$969.0M
$866.0M
BIPC
Growing faster (revenue YoY)
SOLS
SOLS
+11.5% gap
SOLS
6.8%
-4.6%
BIPC
Higher net margin
SOLS
SOLS
32.1% more per $
SOLS
-3.6%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
BIPC
BIPC
SOLS
SOLS
Revenue
$866.0M
$969.0M
Net Profit
$-309.0M
$-35.0M
Gross Margin
65.0%
32.0%
Operating Margin
62.7%
17.9%
Net Margin
-35.7%
-3.6%
Revenue YoY
-4.6%
6.8%
Net Profit YoY
-148.1%
-123.0%
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
SOLS
SOLS
Q3 25
$969.0M
Q2 25
$866.0M
Q3 24
$907.0M
Q2 24
$908.0M
Q2 23
$538.0M
Q2 22
$479.0M
Net Profit
BIPC
BIPC
SOLS
SOLS
Q3 25
$-35.0M
Q2 25
$-309.0M
Q3 24
$152.0M
Q2 24
$643.0M
Q2 23
$-154.0M
Q2 22
$842.0M
Gross Margin
BIPC
BIPC
SOLS
SOLS
Q3 25
32.0%
Q2 25
65.0%
Q3 24
36.6%
Q2 24
63.8%
Q2 23
72.3%
Q2 22
72.7%
Operating Margin
BIPC
BIPC
SOLS
SOLS
Q3 25
17.9%
Q2 25
62.7%
Q3 24
21.7%
Q2 24
61.9%
Q2 23
69.1%
Q2 22
69.1%
Net Margin
BIPC
BIPC
SOLS
SOLS
Q3 25
-3.6%
Q2 25
-35.7%
Q3 24
16.8%
Q2 24
70.8%
Q2 23
-28.6%
Q2 22
175.8%

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
SOLS
SOLS
Cash + ST InvestmentsLiquidity on hand
$1.2B
$417.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$3.2B
Total Assets
$23.9B
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
SOLS
SOLS
Q3 25
$417.0M
Q2 25
$1.2B
Q3 24
Q2 24
$466.0M
Q2 23
$356.0M
Q2 22
$512.0M
Stockholders' Equity
BIPC
BIPC
SOLS
SOLS
Q3 25
$3.2B
Q2 25
$2.2B
Q3 24
$3.2B
Q2 24
$3.5B
Q2 23
$-764.0M
Q2 22
$-1.1B
Total Assets
BIPC
BIPC
SOLS
SOLS
Q3 25
$5.2B
Q2 25
$23.9B
Q3 24
Q2 24
$23.7B
Q2 23
$11.0B
Q2 22
$10.0B

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
SOLS
SOLS
Operating Cash FlowLast quarter
$478.0M
$289.0M
Free Cash FlowOCF − Capex
$41.0M
FCF MarginFCF / Revenue
4.2%
Capex IntensityCapex / Revenue
25.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
SOLS
SOLS
Q3 25
$289.0M
Q2 25
$478.0M
Q3 24
Q2 24
$511.0M
Q2 23
$265.0M
Q2 22
$232.0M
Free Cash Flow
BIPC
BIPC
SOLS
SOLS
Q3 25
$41.0M
Q2 25
Q3 24
Q2 24
Q2 23
Q2 22
FCF Margin
BIPC
BIPC
SOLS
SOLS
Q3 25
4.2%
Q2 25
Q3 24
Q2 24
Q2 23
Q2 22
Capex Intensity
BIPC
BIPC
SOLS
SOLS
Q3 25
25.6%
Q2 25
Q3 24
Q2 24
Q2 23
Q2 22
Cash Conversion
BIPC
BIPC
SOLS
SOLS
Q3 25
Q2 25
Q3 24
Q2 24
0.79×
Q2 23
Q2 22
0.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

SOLS
SOLS

Refrigerants$400.0M41%
Research And Performance Chemicals$126.0M13%
Electronic Materials$103.0M11%
Other$89.0M9%
Services$64.0M7%
Alternative Energy Services$63.0M7%
Safety And Defense Solutions$53.0M5%
Healthcare Packaging$49.0M5%
Affiliated Entity$22.0M2%

Related Comparisons