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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Woodward, Inc. (WWD). Click either name above to swap in a different company.

Woodward, Inc. is the larger business by last-quarter revenue ($1.1B vs $866.0M, roughly 1.3× Brookfield Infrastructure Corp). Woodward, Inc. runs the higher net margin — 12.3% vs -35.7%, a 48.0% gap on every dollar of revenue. On growth, Woodward, Inc. posted the faster year-over-year revenue change (23.4% 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.

Woodward, Inc. is an American designer, manufacturer, and service provider of control systems and control system components for aircraft, aircraft engines, industrial engines and turbines, power generation and mobile industrial equipment. The company also provides military devices and other equipment for defense.

BIPC vs WWD — Head-to-Head

Bigger by revenue
WWD
WWD
1.3× larger
WWD
$1.1B
$866.0M
BIPC
Growing faster (revenue YoY)
WWD
WWD
+28.0% gap
WWD
23.4%
-4.6%
BIPC
Higher net margin
WWD
WWD
48.0% more per $
WWD
12.3%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
BIPC
BIPC
WWD
WWD
Revenue
$866.0M
$1.1B
Net Profit
$-309.0M
$134.0M
Gross Margin
65.0%
29.0%
Operating Margin
62.7%
15.4%
Net Margin
-35.7%
12.3%
Revenue YoY
-4.6%
23.4%
Net Profit YoY
-148.1%
22.9%
EPS (diluted)
$2.19

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
WWD
WWD
Q1 26
$1.1B
Q4 25
$996.5M
Q3 25
$995.3M
Q2 25
$866.0M
$915.4M
Q1 25
$883.6M
Q4 24
$772.7M
Q3 24
$854.5M
Q2 24
$908.0M
$847.7M
Net Profit
BIPC
BIPC
WWD
WWD
Q1 26
$134.0M
Q4 25
$133.7M
Q3 25
$137.6M
Q2 25
$-309.0M
$108.4M
Q1 25
$108.9M
Q4 24
$87.1M
Q3 24
$83.3M
Q2 24
$643.0M
$102.1M
Gross Margin
BIPC
BIPC
WWD
WWD
Q1 26
29.0%
Q4 25
29.3%
Q3 25
27.9%
Q2 25
65.0%
27.2%
Q1 25
27.2%
Q4 24
24.5%
Q3 24
24.3%
Q2 24
63.8%
27.1%
Operating Margin
BIPC
BIPC
WWD
WWD
Q1 26
15.4%
Q4 25
17.0%
Q3 25
16.1%
Q2 25
62.7%
13.9%
Q1 25
15.0%
Q4 24
13.2%
Q3 24
11.9%
Q2 24
61.9%
14.4%
Net Margin
BIPC
BIPC
WWD
WWD
Q1 26
12.3%
Q4 25
13.4%
Q3 25
13.8%
Q2 25
-35.7%
11.8%
Q1 25
12.3%
Q4 24
11.3%
Q3 24
9.7%
Q2 24
70.8%
12.0%
EPS (diluted)
BIPC
BIPC
WWD
WWD
Q1 26
$2.19
Q4 25
$2.17
Q3 25
$2.23
Q2 25
$1.76
Q1 25
$1.78
Q4 24
$1.42
Q3 24
$1.36
Q2 24
$1.63

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
WWD
WWD
Cash + ST InvestmentsLiquidity on hand
$1.2B
$501.2M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$2.2B
$2.5B
Total Assets
$23.9B
$5.0B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
WWD
WWD
Q1 26
$501.2M
Q4 25
$454.2M
Q3 25
$327.4M
Q2 25
$1.2B
$473.2M
Q1 25
$364.1M
Q4 24
$283.7M
Q3 24
$282.3M
Q2 24
$466.0M
$308.3M
Total Debt
BIPC
BIPC
WWD
WWD
Q1 26
$1.1B
Q4 25
Q3 25
$579.9M
Q2 25
Q1 25
Q4 24
Q3 24
$655.5M
Q2 24
Stockholders' Equity
BIPC
BIPC
WWD
WWD
Q1 26
$2.5B
Q4 25
$2.6B
Q3 25
$2.6B
Q2 25
$2.2B
$2.5B
Q1 25
$2.3B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$3.5B
$2.2B
Total Assets
BIPC
BIPC
WWD
WWD
Q1 26
$5.0B
Q4 25
$4.7B
Q3 25
$4.6B
Q2 25
$23.9B
$4.7B
Q1 25
$4.5B
Q4 24
$4.3B
Q3 24
$4.4B
Q2 24
$23.7B
$4.3B
Debt / Equity
BIPC
BIPC
WWD
WWD
Q1 26
0.43×
Q4 25
Q3 25
0.23×
Q2 25
Q1 25
Q4 24
Q3 24
0.30×
Q2 24

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
WWD
WWD
Operating Cash FlowLast quarter
$478.0M
$91.0M
Free Cash FlowOCF − Capex
$38.0M
FCF MarginFCF / Revenue
3.5%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
0.68×
TTM Free Cash FlowTrailing 4 quarters
$388.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
WWD
WWD
Q1 26
$91.0M
Q4 25
$114.4M
Q3 25
$233.3M
Q2 25
$478.0M
$125.6M
Q1 25
$77.8M
Q4 24
$34.5M
Q3 24
$141.8M
Q2 24
$511.0M
$153.2M
Free Cash Flow
BIPC
BIPC
WWD
WWD
Q1 26
$38.0M
Q4 25
$70.3M
Q3 25
$180.9M
Q2 25
$99.1M
Q1 25
$59.4M
Q4 24
$942.0K
Q3 24
$117.7M
Q2 24
$137.3M
FCF Margin
BIPC
BIPC
WWD
WWD
Q1 26
3.5%
Q4 25
7.1%
Q3 25
18.2%
Q2 25
10.8%
Q1 25
6.7%
Q4 24
0.1%
Q3 24
13.8%
Q2 24
16.2%
Capex Intensity
BIPC
BIPC
WWD
WWD
Q1 26
4.9%
Q4 25
4.4%
Q3 25
5.3%
Q2 25
2.9%
Q1 25
2.1%
Q4 24
4.3%
Q3 24
2.8%
Q2 24
1.9%
Cash Conversion
BIPC
BIPC
WWD
WWD
Q1 26
0.68×
Q4 25
0.86×
Q3 25
1.70×
Q2 25
1.16×
Q1 25
0.71×
Q4 24
0.40×
Q3 24
1.70×
Q2 24
0.79×
1.50×

Financial Flow Comparison

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

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