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Brookfield Infrastructure Partners L.P.（BIP）与国际纸业（IP）财务数据对比。点击上方公司名可切换其他公司
Brookfield Infrastructure Partners L.P.的季度营收约是国际纸业的1.1倍（$5.4B vs $4.7B），Brookfield Infrastructure Partners L.P.净利率更高（4.6% vs -50.3%，领先54.9%），Brookfield Infrastructure Partners L.P.同比增速更快（5.7% vs 3.6%）
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。
国际纸业是总部位于美国田纳西州孟菲斯的纸浆及造纸企业，为全球规模最大的同类型企业，目前拥有约3.9万名员工，产品覆盖纸浆、包装用纸、办公用纸等品类，业务遍及全球多个国家和地区，广泛服务各行业客户的相关需求。
BIP vs IP — 直观对比
营收规模更大
BIP
是对方的1.1倍
$4.7B
营收增速更快
BIP
高出2.1%
3.6%
净利率更高
BIP
高出54.9%
-50.3%
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $4.7B |
| 净利润 | $252.0M | $-2.4B |
| 毛利率 | 26.4% | 32.2% |
| 营业利润率 | 24.4% | -56.4% |
| 净利率 | 4.6% | -50.3% |
| 营收同比 | 5.7% | 3.6% |
| 净利润同比 | 37.0% | -1521.8% |
| 每股收益（稀释后） | $-0.03 | $-4.76 |
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BIPIP
| Q4 25 | — | $4.7B | ||
| Q3 25 | — | $6.2B | ||
| Q2 25 | $5.4B | $6.8B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $4.6B | ||
| Q3 24 | — | $4.7B | ||
| Q2 24 | $5.1B | $4.7B | ||
| Q1 24 | — | $4.6B |
净利润BIPIP
| Q4 25 | — | $-2.4B | ||
| Q3 25 | — | $-1.1B | ||
| Q2 25 | $252.0M | $75.0M | ||
| Q1 25 | — | $-105.0M | ||
| Q4 24 | — | $-147.0M | ||
| Q3 24 | — | $150.0M | ||
| Q2 24 | $184.0M | $498.0M | ||
| Q1 24 | — | $56.0M |
毛利率BIPIP
| Q4 25 | — | 32.2% | ||
| Q3 25 | — | 31.1% | ||
| Q2 25 | 26.4% | 27.9% | ||
| Q1 25 | — | 27.8% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 28.7% | ||
| Q2 24 | 24.6% | 29.0% | ||
| Q1 24 | — | 25.9% |
营业利润率BIPIP
| Q4 25 | — | -56.4% | ||
| Q3 25 | — | -10.8% | ||
| Q2 25 | 24.4% | 1.7% | ||
| Q1 25 | — | -2.3% | ||
| Q4 24 | — | -4.9% | ||
| Q3 24 | — | 5.1% | ||
| Q2 24 | 22.8% | 6.8% | ||
| Q1 24 | — | 3.7% |
净利率BIPIP
| Q4 25 | — | -50.3% | ||
| Q3 25 | — | -17.7% | ||
| Q2 25 | 4.6% | 1.1% | ||
| Q1 25 | — | -1.8% | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | 3.6% | 10.5% | ||
| Q1 24 | — | 1.2% |
每股收益（稀释后）BIPIP
| Q4 25 | — | $-4.76 | ||
| Q3 25 | — | $-2.09 | ||
| Q2 25 | $-0.03 | $0.14 | ||
| Q1 25 | — | $-0.24 | ||
| Q4 24 | — | $-0.42 | ||
| Q3 24 | — | $0.42 | ||
| Q2 24 | $-0.10 | $1.41 | ||
| Q1 24 | — | $0.16 |
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 | $1.1B |
| 总债务越低越好 | — | $8.8B |
| 股东权益账面价值 | $29.6B | $14.8B |
| 总资产 | $108.7B | $38.0B |
| 负债/权益比越低杠杆越低 | — | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资BIPIP
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $995.0M | ||
| Q2 25 | $2.3B | $1.1B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | $1.3B | $1.0B | ||
| Q1 24 | — | $1.1B |
总债务BIPIP
| Q4 25 | — | $8.8B | ||
| Q3 25 | — | $9.0B | ||
| Q2 25 | — | $9.7B | ||
| Q1 25 | — | $9.2B | ||
| Q4 24 | — | $5.4B | ||
| Q3 24 | — | $5.3B | ||
| Q2 24 | — | $5.3B | ||
| Q1 24 | — | $5.5B |
股东权益BIPIP
| Q4 25 | — | $14.8B | ||
| Q3 25 | — | $17.3B | ||
| Q2 25 | $29.6B | $18.6B | ||
| Q1 25 | — | $18.1B | ||
| Q4 24 | — | $8.2B | ||
| Q3 24 | — | $8.6B | ||
| Q2 24 | $30.1B | $8.6B | ||
| Q1 24 | — | $8.3B |
总资产BIPIP
| Q4 25 | — | $38.0B | ||
| Q3 25 | — | $40.6B | ||
| Q2 25 | $108.7B | $42.4B | ||
| Q1 25 | — | $41.2B | ||
| Q4 24 | — | $22.8B | ||
| Q3 24 | — | $23.2B | ||
| Q2 24 | $100.9B | $23.1B | ||
| Q1 24 | — | $23.0B |
负债/权益比BIPIP
| Q4 25 | — | 0.60× | ||
| Q3 25 | — | 0.52× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | — | 0.62× | ||
| Q2 24 | — | 0.62× | ||
| Q1 24 | — | 0.66× |
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 | $905.0M |
| 自由现金流经营现金流 - 资本支出 | — | $255.0M |
| 自由现金流率自由现金流/营收 | — | 5.4% |
| 资本支出强度资本支出/营收 | — | 13.7% |
| 现金转化率经营现金流/净利润 | 4.72× | — |
| 过去12个月自由现金流最近4个季度 | — | $-159.0M |
8季度趋势，按日历期对齐
经营现金流BIPIP
| Q4 25 | — | $905.0M | ||
| Q3 25 | — | $605.0M | ||
| Q2 25 | $1.2B | $476.0M | ||
| Q1 25 | — | $-288.0M | ||
| Q4 24 | — | $397.0M | ||
| Q3 24 | — | $521.0M | ||
| Q2 24 | $1.1B | $365.0M | ||
| Q1 24 | — | $395.0M |
自由现金流BIPIP
| Q4 25 | — | $255.0M | ||
| Q3 25 | — | $150.0M | ||
| Q2 25 | — | $54.0M | ||
| Q1 25 | — | $-618.0M | ||
| Q4 24 | — | $137.0M | ||
| Q3 24 | — | $309.0M | ||
| Q2 24 | — | $167.0M | ||
| Q1 24 | — | $144.0M |
自由现金流率BIPIP
| Q4 25 | — | 5.4% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | -10.5% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 6.6% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 3.1% |
资本支出强度BIPIP
| Q4 25 | — | 13.7% | ||
| Q3 25 | — | 7.3% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 5.6% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | — | 4.5% | ||
| Q2 24 | — | 4.2% | ||
| Q1 24 | — | 5.4% |
现金转化率BIPIP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 4.72× | 6.35× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.47× | ||
| Q2 24 | 5.74× | 0.73× | ||
| Q1 24 | — | 7.05× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BIP
暂无分部数据
IP
| Other | $2.4B | 52% |
| DS Smith Packaging | $2.3B | 48% |
