vs
Brookfield Infrastructure Corp（BIPC）与NGL Energy Partners LP（NGL）财务数据对比。点击上方公司名可切换其他公司
NGL Energy Partners LP的季度营收约是Brookfield Infrastructure Corp的1.1倍（$909.8M vs $866.0M），NGL Energy Partners LP净利率更高（5.2% vs -35.7%，领先40.9%），Brookfield Infrastructure Corp同比增速更快（-4.6% vs -41.3%）
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。
NGL Energy Partners LP是一家总部位于美国的中游能源服务企业，主营原油、液化天然气、可再生燃料的运输、存储及物流服务，同时为上游能源生产商提供水资源管理解决方案，业务主要覆盖北美市场。
BIPC vs NGL — 直观对比
营收规模更大
NGL
是对方的1.1倍
$866.0M
营收增速更快
BIPC
高出36.6%
-41.3%
净利率更高
NGL
高出40.9%
-35.7%
损益表 — Q2 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $866.0M | $909.8M |
| 净利润 | $-309.0M | $47.2M |
| 毛利率 | 65.0% | 29.0% |
| 营业利润率 | 62.7% | 12.1% |
| 净利率 | -35.7% | 5.2% |
| 营收同比 | -4.6% | -41.3% |
| 净利润同比 | -148.1% | 249.3% |
| 每股收益（稀释后） | — | — |
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BIPCNGL
| Q4 25 | — | $909.8M | ||
| Q3 25 | — | $674.7M | ||
| Q2 25 | $866.0M | $622.2M | ||
| Q1 25 | — | $971.1M | ||
| Q4 24 | — | $982.4M | ||
| Q3 24 | — | $756.5M | ||
| Q2 24 | $908.0M | $759.2M | ||
| Q1 24 | — | $1.0B |
净利润BIPCNGL
| Q4 25 | — | $47.2M | ||
| Q3 25 | — | $29.3M | ||
| Q2 25 | $-309.0M | $68.9M | ||
| Q1 25 | — | $13.7M | ||
| Q4 24 | — | $13.5M | ||
| Q3 24 | — | $2.5M | ||
| Q2 24 | $643.0M | $9.7M | ||
| Q1 24 | — | $-236.8M |
毛利率BIPCNGL
| Q4 25 | — | 29.0% | ||
| Q3 25 | — | 37.6% | ||
| Q2 25 | 65.0% | 38.5% | ||
| Q1 25 | — | 26.9% | ||
| Q4 24 | — | 25.1% | ||
| Q3 24 | — | 30.9% | ||
| Q2 24 | 63.8% | 29.0% | ||
| Q1 24 | — | 21.8% |
营业利润率BIPCNGL
| Q4 25 | — | 12.1% | ||
| Q3 25 | — | 14.0% | ||
| Q2 25 | 62.7% | 15.7% | ||
| Q1 25 | — | 8.4% | ||
| Q4 24 | — | 8.6% | ||
| Q3 24 | — | 10.8% | ||
| Q2 24 | 61.9% | 10.8% | ||
| Q1 24 | — | -9.4% |
净利率BIPCNGL
| Q4 25 | — | 5.2% | ||
| Q3 25 | — | 4.3% | ||
| Q2 25 | -35.7% | 11.1% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | 70.8% | 1.3% | ||
| Q1 24 | — | -22.8% |
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 | $6.5M |
| 总债务越低越好 | — | $2.9B |
| 股东权益账面价值 | $2.2B | — |
| 总资产 | $23.9B | $4.4B |
| 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BIPCNGL
| Q4 25 | — | $6.5M | ||
| Q3 25 | — | $8.7M | ||
| Q2 25 | $1.2B | $5.4M | ||
| Q1 25 | — | $13.5M | ||
| Q4 24 | — | $5.7M | ||
| Q3 24 | — | $4.5M | ||
| Q2 24 | $466.0M | $5.3M | ||
| Q1 24 | — | $38.9M |
总债务BIPCNGL
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | — | $2.9B |
股东权益BIPCNGL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $3.5B | — | ||
| Q1 24 | — | — |
总资产BIPCNGL
| Q4 25 | — | $4.4B | ||
| Q3 25 | — | $4.3B | ||
| Q2 25 | $23.9B | $4.2B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $4.9B | ||
| Q2 24 | $23.7B | $4.8B | ||
| Q1 24 | — | $5.0B |
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 | $182.3M |
| 自由现金流经营现金流 - 资本支出 | — | $45.7M |
| 自由现金流率自由现金流/营收 | — | 5.0% |
| 资本支出强度资本支出/营收 | — | 15.0% |
| 现金转化率经营现金流/净利润 | — | 3.86× |
| 过去12个月自由现金流最近4个季度 | — | $126.7M |
8季度趋势，按日历期对齐
经营现金流BIPCNGL
| Q4 25 | — | $182.3M | ||
| Q3 25 | — | $40.5M | ||
| Q2 25 | $478.0M | $33.2M | ||
| Q1 25 | — | $155.0M | ||
| Q4 24 | — | $153.8M | ||
| Q3 24 | — | $6.7M | ||
| Q2 24 | $511.0M | $-18.1M | ||
| Q1 24 | — | $152.2M |
自由现金流BIPCNGL
| Q4 25 | — | $45.7M | ||
| Q3 25 | — | $9.5M | ||
| Q2 25 | — | $11.1M | ||
| Q1 25 | — | $60.4M | ||
| Q4 24 | — | $152.1M | ||
| Q3 24 | — | $-82.9M | ||
| Q2 24 | — | $-78.0M | ||
| Q1 24 | — | $119.8M |
自由现金流率BIPCNGL
| Q4 25 | — | 5.0% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 6.2% | ||
| Q4 24 | — | 15.5% | ||
| Q3 24 | — | -11.0% | ||
| Q2 24 | — | -10.3% | ||
| Q1 24 | — | 11.5% |
资本支出强度BIPCNGL
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 9.7% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 11.8% | ||
| Q2 24 | — | 7.9% | ||
| Q1 24 | — | 3.1% |
现金转化率BIPCNGL
| Q4 25 | — | 3.86× | ||
| Q3 25 | — | 1.38× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | 11.29× | ||
| Q4 24 | — | 11.39× | ||
| Q3 24 | — | 2.74× | ||
| Q2 24 | 0.79× | -1.87× | ||
| Q1 24 | — | — |
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
BIPC
暂无分部数据
NGL
| Water Solutions Segment | $208.6M | 23% |
| Services | $193.3M | 21% |
| Butane | $192.5M | 21% |
| Service Fees | $182.8M | 20% |
| Public Utilities Inventory Propane | $93.9M | 10% |
| Crude Oil | $23.3M | 3% |
| Crude Oil Transportation And Other | $6.5M | 1% |
| Liquids Logistics Segment | $2.5M | 0% |
| Crude Oil Logistics Segment | $1.2M | 0% |
