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

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $461.8M, roughly 1.9× VALVOLINE INC). VALVOLINE INC runs the higher net margin — -7.1% vs -35.7%, a 28.6% gap on every dollar of revenue. On growth, VALVOLINE INC posted the faster year-over-year revenue change (11.5% 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.

Valvoline Inc. is an American retail automotive services company based in Lexington, Kentucky. It licenses the name for a number of Valvoline-labeled automotive oil, additives, and lubricants. It also owns the Valvoline Instant Oil Change, Great Canadian Oil Change and Valvoline Express Care car repair chains. As of 2023, it is the second largest oil change service provider in the United States with 10% market share and over 1,650 locations.

BIPC vs VVV — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.9× larger
BIPC
$866.0M
$461.8M
VVV
Growing faster (revenue YoY)
VVV
VVV
+16.1% gap
VVV
11.5%
-4.6%
BIPC
Higher net margin
VVV
VVV
28.6% more per $
VVV
-7.1%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BIPC
BIPC
VVV
VVV
Revenue
$866.0M
$461.8M
Net Profit
$-309.0M
$-32.8M
Gross Margin
65.0%
37.4%
Operating Margin
62.7%
4.0%
Net Margin
-35.7%
-7.1%
Revenue YoY
-4.6%
11.5%
Net Profit YoY
-148.1%
-135.8%
EPS (diluted)
$-0.26

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
VVV
VVV
Q4 25
$461.8M
Q3 25
$453.8M
Q2 25
$866.0M
$439.0M
Q1 25
$403.2M
Q4 24
$414.3M
Q3 24
$435.5M
Q2 24
$908.0M
$421.4M
Q1 24
$388.7M
Net Profit
BIPC
BIPC
VVV
VVV
Q4 25
$-32.8M
Q3 25
$25.0M
Q2 25
$-309.0M
$56.5M
Q1 25
$37.6M
Q4 24
$91.6M
Q3 24
$92.3M
Q2 24
$643.0M
$45.9M
Q1 24
$41.4M
Gross Margin
BIPC
BIPC
VVV
VVV
Q4 25
37.4%
Q3 25
39.1%
Q2 25
65.0%
40.5%
Q1 25
37.3%
Q4 24
36.9%
Q3 24
39.1%
Q2 24
63.8%
39.7%
Q1 24
37.6%
Operating Margin
BIPC
BIPC
VVV
VVV
Q4 25
4.0%
Q3 25
18.6%
Q2 25
62.7%
21.6%
Q1 25
16.6%
Q4 24
34.7%
Q3 24
30.9%
Q2 24
61.9%
22.2%
Q1 24
19.7%
Net Margin
BIPC
BIPC
VVV
VVV
Q4 25
-7.1%
Q3 25
5.5%
Q2 25
-35.7%
12.9%
Q1 25
9.3%
Q4 24
22.1%
Q3 24
21.2%
Q2 24
70.8%
10.9%
Q1 24
10.7%
EPS (diluted)
BIPC
BIPC
VVV
VVV
Q4 25
$-0.26
Q3 25
$0.20
Q2 25
$0.44
Q1 25
$0.29
Q4 24
$0.71
Q3 24
$0.70
Q2 24
$0.35
Q1 24
$0.32

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
VVV
VVV
Cash + ST InvestmentsLiquidity on hand
$1.2B
$69.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$307.6M
Total Assets
$23.9B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
VVV
VVV
Q4 25
$69.9M
Q3 25
$51.6M
Q2 25
$1.2B
$68.3M
Q1 25
$61.9M
Q4 24
$60.0M
Q3 24
$68.3M
Q2 24
$466.0M
$65.7M
Q1 24
$494.5M
Stockholders' Equity
BIPC
BIPC
VVV
VVV
Q4 25
$307.6M
Q3 25
$338.5M
Q2 25
$2.2B
$313.6M
Q1 25
$248.7M
Q4 24
$229.8M
Q3 24
$185.6M
Q2 24
$3.5B
$106.5M
Q1 24
$60.1M
Total Assets
BIPC
BIPC
VVV
VVV
Q4 25
$3.4B
Q3 25
$2.7B
Q2 25
$23.9B
$2.6B
Q1 25
$2.5B
Q4 24
$2.3B
Q3 24
$2.4B
Q2 24
$23.7B
$2.4B
Q1 24
$2.8B

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
VVV
VVV
Operating Cash FlowLast quarter
$478.0M
$64.8M
Free Cash FlowOCF − Capex
$7.4M
FCF MarginFCF / Revenue
1.6%
Capex IntensityCapex / Revenue
12.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$57.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
VVV
VVV
Q4 25
$64.8M
Q3 25
$121.9M
Q2 25
$478.0M
$86.9M
Q1 25
$47.2M
Q4 24
$41.2M
Q3 24
$101.3M
Q2 24
$511.0M
$75.6M
Q1 24
$68.3M
Free Cash Flow
BIPC
BIPC
VVV
VVV
Q4 25
$7.4M
Q3 25
$23.0M
Q2 25
$32.0M
Q1 25
$-4.6M
Q4 24
$-12.4M
Q3 24
$29.9M
Q2 24
$9.8M
Q1 24
$23.4M
FCF Margin
BIPC
BIPC
VVV
VVV
Q4 25
1.6%
Q3 25
5.1%
Q2 25
7.3%
Q1 25
-1.1%
Q4 24
-3.0%
Q3 24
6.9%
Q2 24
2.3%
Q1 24
6.0%
Capex Intensity
BIPC
BIPC
VVV
VVV
Q4 25
12.4%
Q3 25
21.8%
Q2 25
12.5%
Q1 25
12.8%
Q4 24
12.9%
Q3 24
16.4%
Q2 24
15.6%
Q1 24
11.6%
Cash Conversion
BIPC
BIPC
VVV
VVV
Q4 25
Q3 25
4.88×
Q2 25
1.54×
Q1 25
1.26×
Q4 24
0.45×
Q3 24
1.10×
Q2 24
0.79×
1.65×
Q1 24
1.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

VVV
VVV

Oil Change And Related Fees$337.7M73%
Non Oil Change And Related Fees$100.5M22%
Franchise Fees And Other$23.6M5%

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