vs
Brookfield Infrastructure Partners L.P.（BIP）与CarMax（KMX）财务数据对比。点击上方公司名可切换其他公司
CarMax的季度营收约是Brookfield Infrastructure Partners L.P.的1.1倍（$5.8B vs $5.4B），Brookfield Infrastructure Partners L.P.净利率更高（4.6% vs 1.1%，领先3.6%），Brookfield Infrastructure Partners L.P.同比增速更快（5.7% vs -6.9%）
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。
CarMax是美国知名二手车零售企业，下设两大业务板块：零售运营业务与汽车金融服务。该品牌最初是电路城公司的副业项目，1993年9月在弗吉尼亚州里士满开设首家门店，截至2025年1月在全美共运营253家线下门店。
BIP vs KMX — 直观对比
营收规模更大
KMX
是对方的1.1倍
$5.4B
营收增速更快
BIP
高出12.6%
-6.9%
净利率更高
BIP
高出3.6%
1.1%
损益表 — Q2 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $5.8B |
| 净利润 | $252.0M | $62.2M |
| 毛利率 | 26.4% | 10.2% |
| 营业利润率 | 24.4% | — |
| 净利率 | 4.6% | 1.1% |
| 营收同比 | 5.7% | -6.9% |
| 净利润同比 | 37.0% | -50.4% |
| 每股收益（稀释后） | $-0.03 | $0.43 |
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BIPKMX
| Q4 25 | — | $5.8B | ||
| Q3 25 | — | $6.6B | ||
| Q2 25 | $5.4B | $7.5B | ||
| Q1 25 | — | $6.0B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $7.0B | ||
| Q2 24 | $5.1B | $7.1B | ||
| Q1 24 | — | $5.6B |
净利润BIPKMX
| Q4 25 | — | $62.2M | ||
| Q3 25 | — | $95.4M | ||
| Q2 25 | $252.0M | $210.4M | ||
| Q1 25 | — | $89.9M | ||
| Q4 24 | — | $125.4M | ||
| Q3 24 | — | $132.8M | ||
| Q2 24 | $184.0M | $152.4M | ||
| Q1 24 | — | $50.3M |
毛利率BIPKMX
| Q4 25 | — | 10.2% | ||
| Q3 25 | — | 10.9% | ||
| Q2 25 | 26.4% | 11.8% | ||
| Q1 25 | — | 11.1% | ||
| Q4 24 | — | 10.9% | ||
| Q3 24 | — | 10.8% | ||
| Q2 24 | 24.6% | 11.1% | ||
| Q1 24 | — | 10.4% |
营业利润率BIPKMX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 24.4% | — | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | 22.8% | 2.9% | ||
| Q1 24 | — | 1.2% |
净利率BIPKMX
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | 4.6% | 2.8% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 2.0% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | 3.6% | 2.1% | ||
| Q1 24 | — | 0.9% |
每股收益（稀释后）BIPKMX
| Q4 25 | — | $0.43 | ||
| Q3 25 | — | $0.64 | ||
| Q2 25 | $-0.03 | $1.38 | ||
| Q1 25 | — | $0.58 | ||
| Q4 24 | — | $0.81 | ||
| Q3 24 | — | $0.85 | ||
| Q2 24 | $-0.10 | $0.97 | ||
| Q1 24 | — | $0.31 |
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 | $204.9M |
| 总债务越低越好 | — | $16.6B |
| 股东权益账面价值 | $29.6B | $6.1B |
| 总资产 | $108.7B | $25.6B |
| 负债/权益比越低杠杆越低 | — | 2.74× |
8季度趋势，按日历期对齐
现金及短期投资BIPKMX
| Q4 25 | — | $204.9M | ||
| Q3 25 | — | $540.4M | ||
| Q2 25 | $2.3B | $262.8M | ||
| Q1 25 | — | $247.0M | ||
| Q4 24 | — | $271.9M | ||
| Q3 24 | — | $524.7M | ||
| Q2 24 | $1.3B | $218.9M | ||
| Q1 24 | — | $574.1M |
总债务BIPKMX
| Q4 25 | — | $16.6B | ||
| Q3 25 | — | $17.8B | ||
| Q2 25 | — | $18.0B | ||
| Q1 25 | — | $18.1B | ||
| Q4 24 | — | $18.1B | ||
| Q3 24 | — | $18.1B | ||
| Q2 24 | — | $18.2B | ||
| Q1 24 | — | $18.0B |
股东权益BIPKMX
| Q4 25 | — | $6.1B | ||
| Q3 25 | — | $6.2B | ||
| Q2 25 | $29.6B | $6.3B | ||
| Q1 25 | — | $6.2B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.2B | ||
| Q2 24 | $30.1B | $6.2B | ||
| Q1 24 | — | $6.1B |
总资产BIPKMX
| Q4 25 | — | $25.6B | ||
| Q3 25 | — | $27.1B | ||
| Q2 25 | $108.7B | $27.4B | ||
| Q1 25 | — | $27.4B | ||
| Q4 24 | — | $27.3B | ||
| Q3 24 | — | $27.3B | ||
| Q2 24 | $100.9B | $27.2B | ||
| Q1 24 | — | $27.2B |
负债/权益比BIPKMX
| Q4 25 | — | 2.74× | ||
| Q3 25 | — | 2.87× | ||
| Q2 25 | — | 2.86× | ||
| Q1 25 | — | 2.91× | ||
| Q4 24 | — | 2.92× | ||
| Q3 24 | — | 2.93× | ||
| Q2 24 | — | 2.95× | ||
| Q1 24 | — | 2.96× |
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 | — | 19.2% |
| 资本支出强度资本支出/营收 | — | 2.4% |
| 现金转化率经营现金流/净利润 | 4.72× | 20.14× |
| 过去12个月自由现金流最近4个季度 | — | $1.9B |
8季度趋势，按日历期对齐
经营现金流BIPKMX
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $785.5M | ||
| Q2 25 | $1.2B | $299.5M | ||
| Q1 25 | — | $146.4M | ||
| Q4 24 | — | $-23.4M | ||
| Q3 24 | — | $619.1M | ||
| Q2 24 | $1.1B | $-117.7M | ||
| Q1 24 | — | $309.6M |
自由现金流BIPKMX
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $654.0M | ||
| Q2 25 | — | $162.8M | ||
| Q1 25 | — | $18.8M | ||
| Q4 24 | — | $-150.6M | ||
| Q3 24 | — | $509.9M | ||
| Q2 24 | — | $-221.6M | ||
| Q1 24 | — | $199.8M |
自由现金流率BIPKMX
| Q4 25 | — | 19.2% | ||
| Q3 25 | — | 9.9% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | -2.4% | ||
| Q3 24 | — | 7.3% | ||
| Q2 24 | — | -3.1% | ||
| Q1 24 | — | 3.6% |
资本支出强度BIPKMX
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 2.0% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 2.0% |
现金转化率BIPKMX
| Q4 25 | — | 20.14× | ||
| Q3 25 | — | 8.24× | ||
| Q2 25 | 4.72× | 1.42× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | -0.19× | ||
| Q3 24 | — | 4.66× | ||
| Q2 24 | 5.74× | -0.77× | ||
| Q1 24 | — | 6.16× |
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
KMX
| Used Vehicles | $4.5B | 78% |
| Wholesale Vehicles | $1.1B | 19% |
| Other | $150.6M | 3% |
| Extendedprotectionplan Domain | $96.6M | 2% |
| Advertising Subscription Revenues Domain | $35.1M | 1% |
| Service Domain | $18.5M | 0% |
| Thirdpartyfinancefees Domain | $3.0M | 0% |
