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Brookfield Infrastructure Corp（BIPC）与EPAM Systems（EPAM）财务数据对比。点击上方公司名可切换其他公司
EPAM Systems的季度营收约是Brookfield Infrastructure Corp的1.6倍（$1.4B vs $866.0M），EPAM Systems净利率更高（7.8% vs -35.7%，领先43.5%），EPAM Systems同比增速更快（12.8% vs -4.6%）
布鲁克菲尔德基础设施合伙公司是一家公开上市的有限合伙企业，总部位于加拿大多伦多，核心业务为在全球范围内开展基础设施资产的收购、运营与管理，在全球基础设施投资领域拥有深厚的行业积累与较强的市场影响力。
EPAM Systems是总部位于美国宾夕法尼亚州纽敦的企业，核心业务涵盖软件工程服务、数字平台研发、数字产品设计三大板块，同时是MACH联盟的创始成员，在全球数字化服务赛道拥有深厚的技术积累与行业认可度。
BIPC vs EPAM — 直观对比
营收规模更大
EPAM
是对方的1.6倍
$866.0M
营收增速更快
EPAM
高出17.4%
-4.6%
净利率更高
EPAM
高出43.5%
-35.7%
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $866.0M | $1.4B |
| 净利润 | $-309.0M | $109.4M |
| 毛利率 | 65.0% | 30.1% |
| 营业利润率 | 62.7% | 10.6% |
| 净利率 | -35.7% | 7.8% |
| 营收同比 | -4.6% | 12.8% |
| 净利润同比 | -148.1% | 5.9% |
| 每股收益（稀释后） | — | $1.97 |
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BIPCEPAM
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $866.0M | $1.4B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | $908.0M | $1.1B | ||
| Q1 24 | — | $1.2B |
净利润BIPCEPAM
| Q4 25 | — | $109.4M | ||
| Q3 25 | — | $106.8M | ||
| Q2 25 | $-309.0M | $88.0M | ||
| Q1 25 | — | $73.5M | ||
| Q4 24 | — | $103.3M | ||
| Q3 24 | — | $136.3M | ||
| Q2 24 | $643.0M | $98.6M | ||
| Q1 24 | — | $116.2M |
毛利率BIPCEPAM
| Q4 25 | — | 30.1% | ||
| Q3 25 | — | 29.5% | ||
| Q2 25 | 65.0% | 28.8% | ||
| Q1 25 | — | 26.9% | ||
| Q4 24 | — | 30.4% | ||
| Q3 24 | — | 34.6% | ||
| Q2 24 | 63.8% | 29.3% | ||
| Q1 24 | — | 28.4% |
营业利润率BIPCEPAM
| Q4 25 | — | 10.6% | ||
| Q3 25 | — | 10.4% | ||
| Q2 25 | 62.7% | 9.3% | ||
| Q1 25 | — | 7.6% | ||
| Q4 24 | — | 10.9% | ||
| Q3 24 | — | 15.2% | ||
| Q2 24 | 61.9% | 10.5% | ||
| Q1 24 | — | 9.5% |
净利率BIPCEPAM
| Q4 25 | — | 7.8% | ||
| Q3 25 | — | 7.7% | ||
| Q2 25 | -35.7% | 6.5% | ||
| Q1 25 | — | 5.6% | ||
| Q4 24 | — | 8.3% | ||
| Q3 24 | — | 11.7% | ||
| Q2 24 | 70.8% | 8.6% | ||
| Q1 24 | — | 10.0% |
每股收益（稀释后）BIPCEPAM
| Q4 25 | — | $1.97 | ||
| Q3 25 | — | $1.91 | ||
| Q2 25 | — | $1.56 | ||
| Q1 25 | — | $1.28 | ||
| Q4 24 | — | $1.80 | ||
| Q3 24 | — | $2.37 | ||
| Q2 24 | — | $1.70 | ||
| Q1 24 | — | $1.97 |
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 | $1.2B | $1.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.2B | $3.7B |
| 总资产 | $23.9B | $4.9B |
| 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BIPCEPAM
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | $1.2B | $1.0B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | $466.0M | $1.8B | ||
| Q1 24 | — | $2.0B |
股东权益BIPCEPAM
| Q4 25 | — | $3.7B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | $2.2B | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | $3.5B | $3.4B | ||
| Q1 24 | — | $3.5B |
总资产BIPCEPAM
| Q4 25 | — | $4.9B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | $23.9B | $4.7B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | $23.7B | $4.2B | ||
| Q1 24 | — | $4.4B |
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 | $478.0M | $282.9M |
| 自由现金流经营现金流 - 资本支出 | — | $268.1M |
| 自由现金流率自由现金流/营收 | — | 19.0% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | — | 2.59× |
| 过去12个月自由现金流最近4个季度 | — | $612.7M |
8季度趋势，按日历期对齐
经营现金流BIPCEPAM
| Q4 25 | — | $282.9M | ||
| Q3 25 | — | $294.7M | ||
| Q2 25 | $478.0M | $53.2M | ||
| Q1 25 | — | $24.2M | ||
| Q4 24 | — | $130.3M | ||
| Q3 24 | — | $242.0M | ||
| Q2 24 | $511.0M | $57.0M | ||
| Q1 24 | — | $129.9M |
自由现金流BIPCEPAM
| Q4 25 | — | $268.1M | ||
| Q3 25 | — | $286.4M | ||
| Q2 25 | — | $43.4M | ||
| Q1 25 | — | $14.8M | ||
| Q4 24 | — | $114.5M | ||
| Q3 24 | — | $237.0M | ||
| Q2 24 | — | $52.3M | ||
| Q1 24 | — | $123.2M |
自由现金流率BIPCEPAM
| Q4 25 | — | 19.0% | ||
| Q3 25 | — | 20.5% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 9.2% | ||
| Q3 24 | — | 20.3% | ||
| Q2 24 | — | 4.6% | ||
| Q1 24 | — | 10.6% |
资本支出强度BIPCEPAM
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.6% |
现金转化率BIPCEPAM
| Q4 25 | — | 2.59× | ||
| Q3 25 | — | 2.76× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | — | 1.77× | ||
| Q2 24 | 0.79× | 0.58× | ||
| Q1 24 | — | 1.12× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
