vs
Brookfield Infrastructure Partners L.P.（BIP）与丹纳赫（DHR）财务数据对比。点击上方公司名可切换其他公司
丹纳赫的季度营收约是Brookfield Infrastructure Partners L.P.的1.1倍（$6.0B vs $5.4B），丹纳赫净利率更高（17.3% vs 4.6%，领先12.6%），Brookfield Infrastructure Partners L.P.同比增速更快（5.7% vs 3.7%）
布鲁克菲尔德基础设施合伙是一家上市有限合伙企业，总部位于加拿大多伦多，专注于全球范围内基础设施资产的收购与运营管理，投资覆盖交通、能源、数据基建等多个领域，具备成熟的全球化资产运营管理经验。
丹纳赫是总部位于美国华盛顿特区的医疗健康企业，聚焦生物技术、生命科学与诊断领域的产品研发。公司下设三大业务板块：生物技术板块开发治疗相关产品，生命科学板块覆盖疾病溯源、新疗法研发、药物疫苗与基因编辑技术的测试生产，诊断板块研发检测仪器，为全球生命健康产业提供核心支持。
BIP vs DHR — 直观对比
营收规模更大
DHR
是对方的1.1倍
$5.4B
营收增速更快
BIP
高出2.0%
3.7%
净利率更高
DHR
高出12.6%
4.6%
损益表 — Q2 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $6.0B |
| 净利润 | $252.0M | $1.0B |
| 毛利率 | 26.4% | 60.3% |
| 营业利润率 | 24.4% | 22.6% |
| 净利率 | 4.6% | 17.3% |
| 营收同比 | 5.7% | 3.7% |
| 净利润同比 | 37.0% | 7.9% |
| 每股收益（稀释后） | $-0.03 | $1.45 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BIPDHR
| Q1 26 | — | $6.0B | ||
| Q4 25 | — | $6.8B | ||
| Q3 25 | — | $6.1B | ||
| Q2 25 | $5.4B | $5.9B | ||
| Q1 25 | — | $5.7B | ||
| Q4 24 | — | $6.5B | ||
| Q3 24 | — | $5.8B | ||
| Q2 24 | $5.1B | $5.7B |
净利润BIPDHR
| Q1 26 | — | $1.0B | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $908.0M | ||
| Q2 25 | $252.0M | $555.0M | ||
| Q1 25 | — | $954.0M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $818.0M | ||
| Q2 24 | $184.0M | $907.0M |
毛利率BIPDHR
| Q1 26 | — | 60.3% | ||
| Q4 25 | — | 58.0% | ||
| Q3 25 | — | 58.2% | ||
| Q2 25 | 26.4% | 59.3% | ||
| Q1 25 | — | 61.2% | ||
| Q4 24 | — | 59.5% | ||
| Q3 24 | — | 58.7% | ||
| Q2 24 | 24.6% | 59.7% |
营业利润率BIPDHR
| Q1 26 | — | 22.6% | ||
| Q4 25 | — | 22.0% | ||
| Q3 25 | — | 19.1% | ||
| Q2 25 | 24.4% | 12.8% | ||
| Q1 25 | — | 22.2% | ||
| Q4 24 | — | 21.8% | ||
| Q3 24 | — | 16.5% | ||
| Q2 24 | 22.8% | 20.3% |
净利率BIPDHR
| Q1 26 | — | 17.3% | ||
| Q4 25 | — | 17.5% | ||
| Q3 25 | — | 15.0% | ||
| Q2 25 | 4.6% | 9.3% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | — | 14.1% | ||
| Q2 24 | 3.6% | 15.8% |
每股收益（稀释后）BIPDHR
| Q1 26 | — | $1.45 | ||
| Q4 25 | — | $1.69 | ||
| Q3 25 | — | $1.27 | ||
| Q2 25 | $-0.03 | $0.77 | ||
| Q1 25 | — | $1.32 | ||
| Q4 24 | — | $1.50 | ||
| Q3 24 | — | $1.12 | ||
| Q2 24 | $-0.10 | $1.22 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $2.3B | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $29.6B | — |
| 总资产 | $108.7B | — |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BIPDHR
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $1.3B | — |
总债务BIPDHR
| Q1 26 | — | — | ||
| Q4 25 | — | $18.4B | ||
| Q3 25 | — | $16.9B | ||
| Q2 25 | — | $17.4B | ||
| Q1 25 | — | $16.5B | ||
| Q4 24 | — | $16.0B | ||
| Q3 24 | — | $17.5B | ||
| Q2 24 | — | $17.0B |
股东权益BIPDHR
| Q1 26 | — | — | ||
| Q4 25 | — | $52.5B | ||
| Q3 25 | — | $51.1B | ||
| Q2 25 | $29.6B | $52.3B | ||
| Q1 25 | — | $50.8B | ||
| Q4 24 | — | $49.5B | ||
| Q3 24 | — | $51.3B | ||
| Q2 24 | $30.1B | $49.9B |
总资产BIPDHR
| Q1 26 | — | — | ||
| Q4 25 | — | $83.5B | ||
| Q3 25 | — | $79.9B | ||
| Q2 25 | $108.7B | $81.6B | ||
| Q1 25 | — | $79.1B | ||
| Q4 24 | — | $77.5B | ||
| Q3 24 | — | $80.6B | ||
| Q2 24 | $100.9B | $78.6B |
负债/权益比BIPDHR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.33× | ||
| Q2 25 | — | 0.33× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.34× | ||
| Q2 24 | — | 0.34× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.2B | $1.3B |
| 自由现金流经营现金流 - 资本支出 | — | $1.1B |
| 自由现金流率自由现金流/营收 | — | 18.2% |
| 资本支出强度资本支出/营收 | — | 4.0% |
| 现金转化率经营现金流/净利润 | 4.72× | 1.28× |
| 过去12个月自由现金流最近4个季度 | — | $5.3B |
8季度趋势，按日历期对齐
经营现金流BIPDHR
| Q1 26 | — | $1.3B | ||
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | $1.1B | $1.4B |
自由现金流BIPDHR
| Q1 26 | — | $1.1B | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.1B |
自由现金流率BIPDHR
| Q1 26 | — | 18.2% | ||
| Q4 25 | — | 25.5% | ||
| Q3 25 | — | 22.6% | ||
| Q2 25 | — | 18.4% | ||
| Q1 25 | — | 18.4% | ||
| Q4 24 | — | 23.0% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | 19.7% |
资本支出强度BIPDHR
| Q1 26 | — | 4.0% | ||
| Q4 25 | — | 5.4% | ||
| Q3 25 | — | 4.8% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | — | 7.9% | ||
| Q3 24 | — | 5.1% | ||
| Q2 24 | — | 5.0% |
现金转化率BIPDHR
| Q1 26 | — | 1.28× | ||
| Q4 25 | — | 1.77× | ||
| Q3 25 | — | 1.83× | ||
| Q2 25 | 4.72× | 2.41× | ||
| Q1 25 | — | 1.36× | ||
| Q4 24 | — | 1.86× | ||
| Q3 24 | — | 1.85× | ||
| Q2 24 | 5.74× | 1.56× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
