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Brookfield Infrastructure Corp（BIPC）与SPIRE INC（SR）财务数据对比。点击上方公司名可切换其他公司
Brookfield Infrastructure Corp的季度营收约是SPIRE INC的1.1倍（$866.0M vs $762.2M），SPIRE INC净利率更高（12.5% vs -35.7%，领先48.1%），SPIRE INC同比增速更快（13.9% 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。
Spire Inc是总部位于美国密苏里州圣路易斯的区域公用事业控股公司，核心业务为受监管的天然气供应服务，同时布局非监管类业务拓展商业机会。旗下主要子公司Laclede Gas Company是密苏里州最大的天然气分销公用事业企业，为圣路易斯市及密苏里州东部10个县的约63.1万户住宅、商业及工业客户提供服务。
BIPC vs SR — 直观对比
营收规模更大
BIPC
是对方的1.1倍
$762.2M
营收增速更快
SR
高出18.5%
-4.6%
净利率更高
SR
高出48.1%
-35.7%
损益表 — Q2 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $866.0M | $762.2M |
| 净利润 | $-309.0M | $95.0M |
| 毛利率 | 65.0% | 55.1% |
| 营业利润率 | 62.7% | 22.8% |
| 净利率 | -35.7% | 12.5% |
| 营收同比 | -4.6% | 13.9% |
| 净利润同比 | -148.1% | 16.9% |
| 每股收益（稀释后） | — | $1.54 |
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BIPCSR
| Q4 25 | — | $762.2M | ||
| Q3 25 | — | $334.1M | ||
| Q2 25 | $866.0M | $421.9M | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $669.1M | ||
| Q3 24 | — | $293.8M | ||
| Q2 24 | $908.0M | $414.1M | ||
| Q1 24 | — | $1.1B |
净利润BIPCSR
| Q4 25 | — | $95.0M | ||
| Q3 25 | — | $-39.8M | ||
| Q2 25 | $-309.0M | $20.9M | ||
| Q1 25 | — | $209.3M | ||
| Q4 24 | — | $81.3M | ||
| Q3 24 | — | $-25.9M | ||
| Q2 24 | $643.0M | $-12.6M | ||
| Q1 24 | — | $204.3M |
毛利率BIPCSR
| Q4 25 | — | 55.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | 65.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 55.6% | ||
| Q3 24 | — | — | ||
| Q2 24 | 63.8% | — | ||
| Q1 24 | — | — |
营业利润率BIPCSR
| Q4 25 | — | 22.8% | ||
| Q3 25 | — | -0.1% | ||
| Q2 25 | 62.7% | 16.4% | ||
| Q1 25 | — | 29.1% | ||
| Q4 24 | — | 22.2% | ||
| Q3 24 | — | 6.7% | ||
| Q2 24 | 61.9% | 7.4% | ||
| Q1 24 | — | 26.5% |
净利率BIPCSR
| Q4 25 | — | 12.5% | ||
| Q3 25 | — | -11.9% | ||
| Q2 25 | -35.7% | 5.0% | ||
| Q1 25 | — | 19.9% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | — | -8.8% | ||
| Q2 24 | 70.8% | -3.0% | ||
| Q1 24 | — | 18.1% |
每股收益（稀释后）BIPCSR
| Q4 25 | — | $1.54 | ||
| Q3 25 | — | $-0.77 | ||
| Q2 25 | — | $0.29 | ||
| Q1 25 | — | $3.51 | ||
| Q4 24 | — | $1.34 | ||
| Q3 24 | — | $-0.63 | ||
| Q2 24 | — | $-0.28 | ||
| Q1 24 | — | $3.58 |
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 | $4.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.2B | $3.4B |
| 总资产 | $23.9B | $11.9B |
| 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BIPCSR
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $5.7M | ||
| Q2 25 | $1.2B | $13.1M | ||
| Q1 25 | — | $15.2M | ||
| Q4 24 | — | $11.5M | ||
| Q3 24 | — | $4.5M | ||
| Q2 24 | $466.0M | $7.4M | ||
| Q1 24 | — | $25.6M |
股东权益BIPCSR
| Q4 25 | — | $3.4B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | $2.2B | $3.5B | ||
| Q1 25 | — | $3.5B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | $3.5B | $3.3B | ||
| Q1 24 | — | $3.4B |
总资产BIPCSR
| Q4 25 | — | $11.9B | ||
| Q3 25 | — | $11.6B | ||
| Q2 25 | $23.9B | $11.4B | ||
| Q1 25 | — | $11.3B | ||
| Q4 24 | — | $11.3B | ||
| Q3 24 | — | $10.9B | ||
| Q2 24 | $23.7B | $10.7B | ||
| Q1 24 | — | $10.7B |
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 | $81.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-121.8M |
| 自由现金流率自由现金流/营收 | — | -16.0% |
| 资本支出强度资本支出/营收 | — | 26.6% |
| 现金转化率经营现金流/净利润 | — | 0.85× |
| 过去12个月自由现金流最近4个季度 | — | $-286.7M |
8季度趋势，按日历期对齐
经营现金流BIPCSR
| Q4 25 | — | $81.0M | ||
| Q3 25 | — | $-4.9M | ||
| Q2 25 | $478.0M | $129.1M | ||
| Q1 25 | — | $372.7M | ||
| Q4 24 | — | $81.1M | ||
| Q3 24 | — | $82.9M | ||
| Q2 24 | $511.0M | $270.1M | ||
| Q1 24 | — | $489.4M |
自由现金流BIPCSR
| Q4 25 | — | $-121.8M | ||
| Q3 25 | — | $-227.6M | ||
| Q2 25 | — | $-91.4M | ||
| Q1 25 | — | $154.1M | ||
| Q4 24 | — | $-179.5M | ||
| Q3 24 | — | $-146.9M | ||
| Q2 24 | — | $47.9M | ||
| Q1 24 | — | $306.6M |
自由现金流率BIPCSR
| Q4 25 | — | -16.0% | ||
| Q3 25 | — | -68.1% | ||
| Q2 25 | — | -21.7% | ||
| Q1 25 | — | 14.7% | ||
| Q4 24 | — | -26.8% | ||
| Q3 24 | — | -50.0% | ||
| Q2 24 | — | 11.6% | ||
| Q1 24 | — | 27.2% |
资本支出强度BIPCSR
| Q4 25 | — | 26.6% | ||
| Q3 25 | — | 66.7% | ||
| Q2 25 | — | 52.3% | ||
| Q1 25 | — | 20.8% | ||
| Q4 24 | — | 38.9% | ||
| Q3 24 | — | 78.2% | ||
| Q2 24 | — | 53.7% | ||
| Q1 24 | — | 16.2% |
现金转化率BIPCSR
| Q4 25 | — | 0.85× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 6.18× | ||
| Q1 25 | — | 1.78× | ||
| Q4 24 | — | 1.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.79× | — | ||
| Q1 24 | — | 2.40× |
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
SR
| Residential | $474.9M | 62% |
| Commercial And Industrial | $148.4M | 19% |
| Gas Marketing | $41.1M | 5% |
| Midstream | $39.0M | 5% |
| Transportation | $37.1M | 5% |
| Offsystem And Other Inventive | $19.7M | 3% |
| Other Customer Revenue | $4.6M | 1% |
