vs
Brookfield Infrastructure Partners L.P.（BIP）与摩根士丹利（MS）财务数据对比。点击上方公司名可切换其他公司
摩根士丹利的季度营收约是Brookfield Infrastructure Partners L.P.的2.0倍（$10.7B vs $5.4B），摩根士丹利净利率更高（52.6% vs 4.6%，领先47.9%），摩根士丹利同比增速更快（16.0% vs 5.7%）
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。
摩根士丹利是总部位于美国纽约曼哈顿中城百老汇1585号的跨国投资银行及金融服务提供商，在全球42个国家设有办事处，员工超8万名，服务客户涵盖企业、政府、机构及个人。2023年该公司位列美国财富500强第61位，同年位居福布斯全球2000强第30位。
BIP vs MS — 直观对比
营收规模更大
MS
是对方的2.0倍
$5.4B
营收增速更快
MS
高出10.4%
5.7%
净利率更高
MS
高出47.9%
4.6%
损益表 — Q2 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $10.7B |
| 净利润 | $252.0M | $5.6B |
| 毛利率 | 26.4% | — |
| 营业利润率 | 24.4% | — |
| 净利率 | 4.6% | 52.6% |
| 营收同比 | 5.7% | 16.0% |
| 净利润同比 | 37.0% | — |
| 每股收益（稀释后） | $-0.03 | — |
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BIPMS
| Q1 26 | — | $10.7B | ||
| Q4 25 | — | $17.9B | ||
| Q3 25 | — | $18.2B | ||
| Q2 25 | $5.4B | $16.8B | ||
| Q1 25 | — | $17.7B | ||
| Q3 24 | — | $15.4B | ||
| Q2 24 | $5.1B | $15.0B | ||
| Q1 24 | — | $15.1B |
净利润BIPMS
| Q1 26 | — | $5.6B | ||
| Q4 25 | — | $4.4B | ||
| Q3 25 | — | $4.6B | ||
| Q2 25 | $252.0M | $3.5B | ||
| Q1 25 | — | $4.3B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | $184.0M | $3.1B | ||
| Q1 24 | — | $3.4B |
毛利率BIPMS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 26.4% | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 24.6% | — | ||
| Q1 24 | — | — |
营业利润率BIPMS
| Q1 26 | — | — | ||
| Q4 25 | — | 32.2% | ||
| Q3 25 | — | 33.1% | ||
| Q2 25 | 24.4% | 27.5% | ||
| Q1 25 | — | 31.3% | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | 22.8% | 27.1% | ||
| Q1 24 | — | 29.0% |
净利率BIPMS
| Q1 26 | — | 52.6% | ||
| Q4 25 | — | 24.6% | ||
| Q3 25 | — | 25.3% | ||
| Q2 25 | 4.6% | 21.1% | ||
| Q1 25 | — | 24.3% | ||
| Q3 24 | — | 20.7% | ||
| Q2 24 | 3.6% | 20.5% | ||
| Q1 24 | — | 22.5% |
每股收益（稀释后）BIPMS
| Q1 26 | — | — | ||
| Q4 25 | — | $2.68 | ||
| Q3 25 | — | $2.80 | ||
| Q2 25 | $-0.03 | $2.13 | ||
| Q1 25 | — | $2.60 | ||
| Q3 24 | — | $1.88 | ||
| Q2 24 | $-0.10 | $1.82 | ||
| Q1 24 | — | $2.02 |
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 | $5.1M |
| 总资产 | $108.7B | $1581.4B |
| 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BIPMS
| Q1 26 | — | — | ||
| Q4 25 | — | $111.7B | ||
| Q3 25 | — | $103.7B | ||
| Q2 25 | $2.3B | $109.1B | ||
| Q1 25 | — | $90.7B | ||
| Q3 24 | — | $91.1B | ||
| Q2 24 | $1.3B | $90.2B | ||
| Q1 24 | — | $102.3B |
总债务BIPMS
| Q1 26 | — | — | ||
| Q4 25 | — | $341.7B | ||
| Q3 25 | — | $324.1B | ||
| Q2 25 | — | $320.1B | ||
| Q1 25 | — | $297.0B | ||
| Q3 24 | — | $291.2B | ||
| Q2 24 | — | $269.9B | ||
| Q1 24 | — | $266.1B |
股东权益BIPMS
| Q1 26 | — | $5.1M | ||
| Q4 25 | — | $111.6B | ||
| Q3 25 | — | $110.0B | ||
| Q2 25 | $29.6B | $108.2B | ||
| Q1 25 | — | $106.8B | ||
| Q3 24 | — | $103.6B | ||
| Q2 24 | $30.1B | $100.7B | ||
| Q1 24 | — | $99.2B |
总资产BIPMS
| Q1 26 | — | $1581.4B | ||
| Q4 25 | — | $1420.3B | ||
| Q3 25 | — | $1364.8B | ||
| Q2 25 | $108.7B | $1353.9B | ||
| Q1 25 | — | $1300.3B | ||
| Q3 24 | — | $1258.0B | ||
| Q2 24 | $100.9B | $1212.4B | ||
| Q1 24 | — | $1228.5B |
负债/权益比BIPMS
| Q1 26 | — | — | ||
| Q4 25 | — | 3.06× | ||
| Q3 25 | — | 2.95× | ||
| Q2 25 | — | 2.96× | ||
| Q1 25 | — | 2.78× | ||
| Q3 24 | — | 2.81× | ||
| Q2 24 | — | 2.68× | ||
| Q1 24 | — | 2.68× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流BIPMS
| Q1 26 | — | — | ||
| Q4 25 | — | $-2.4B | ||
| Q3 25 | — | $-3.3B | ||
| Q2 25 | $1.2B | $11.8B | ||
| Q1 25 | — | $-24.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | — | $4.4B |
现金转化率BIPMS
| Q1 26 | — | — | ||
| Q4 25 | — | -0.55× | ||
| Q3 25 | — | -0.72× | ||
| Q2 25 | 4.72× | 3.34× | ||
| Q1 25 | — | -5.56× | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.74× | — | ||
| Q1 24 | — | 1.28× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
