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BIPC vs AWK
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Water
BIPC vs AWK — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Regulated Gas | Regulated Water |
| Market Cap | $4.74B | $24.54B |
| Revenue (TTM) | $3.63B | $5.21B |
| Net Income (TTM) | $-753M | $1.10B |
| Gross Margin | 63.5% | 43.6% |
| Operating Margin | 61.2% | 36.5% |
| Forward P/E | — | 20.6x |
| Total Debt | $13.27B | $15.92B |
| Cash & Equiv. | $430M | $119M |
BIPC vs AWK — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Brookfield Infrastr… (BIPC) | 100 | 136.6 | +36.6% |
| American Water Work… (AWK) | 100 | 99.0 | -1.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BIPC vs AWK
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BIPC is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 6.9%, EPS growth 59.7%, 3Y rev CAGR 27.3%
- 124.1% 10Y total return vs AWK's 100.9%
- +8.5% vs AWK's -13.5%
AWK carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 12 yrs, beta -0.48, yield 2.6%
- Lower volatility, beta -0.48, current ratio 0.46x
- Beta -0.48, yield 2.6%, current ratio 0.46x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 9.7% revenue growth vs BIPC's 6.9% | |
| Quality / Margins | 21.2% margin vs BIPC's -20.7% | |
| Stability / Safety | Lower D/E ratio (146.9% vs 6.6%) | |
| Dividends | 2.6% yield; 12-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +8.5% vs AWK's -13.5% | |
| Efficiency (ROA) | 3.1% ROA vs BIPC's -3.1%, ROIC 5.5% vs 12.0% |
BIPC vs AWK — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
BIPC vs AWK — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — BIPC and AWK each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
AWK and BIPC operate at a comparable scale, with $5.2B and $3.6B in trailing revenue. AWK is the more profitable business, keeping 21.2% of every revenue dollar as net income compared to BIPC's -20.7%. On growth, AWK holds the edge at +5.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $3.6B | $5.2B |
| EBITDAEarnings before interest/tax | $2.9B | $2.8B |
| Net IncomeAfter-tax profit | -$753M | $1.1B |
| Free Cash FlowCash after capex | -$556M | -$1.2B |
| Gross MarginGross profit ÷ Revenue | +63.5% | +43.6% |
| Operating MarginEBIT ÷ Revenue | +61.2% | +36.5% |
| Net MarginNet income ÷ Revenue | -20.7% | +21.2% |
| FCF MarginFCF ÷ Revenue | -15.3% | -23.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | -5.9% | +5.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -125.4% | -3.8% |
Valuation Metrics
BIPC leads this category, winning 3 of 4 comparable metrics.
Valuation Metrics
On an enterprise value basis, BIPC's 5.9x EV/EBITDA is more attractive than AWK's 14.5x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $4.7B | $24.5B |
| Enterprise ValueMkt cap + debt − cash | $17.6B | $40.3B |
| Trailing P/EPrice ÷ TTM EPS | -19.18x | 22.05x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 20.63x |
| PEG RatioP/E ÷ EPS growth rate | — | 2.80x |
| EV / EBITDAEnterprise value multiple | 5.91x | 14.55x |
| Price / SalesMarket cap ÷ Revenue | 1.27x | 4.78x |
| Price / BookPrice ÷ Book value/share | 2.35x | 2.26x |
| Price / FCFMarket cap ÷ FCF | 21.67x | — |
Profitability & Efficiency
Evenly matched — BIPC and AWK each lead in 4 of 8 comparable metrics.
Profitability & Efficiency
AWK delivers a 10.1% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $-36 for BIPC. AWK carries lower financial leverage with a 1.47x debt-to-equity ratio, signaling a more conservative balance sheet compared to BIPC's 6.63x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -36.2% | +10.1% |
| ROA (TTM)Return on assets | -3.1% | +3.1% |
| ROICReturn on invested capital | +12.0% | +5.5% |
| ROCEReturn on capital employed | +14.2% | +6.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 6.63x | 1.47x |
| Net DebtTotal debt minus cash | $12.8B | $15.8B |
| Cash & Equiv.Liquid assets | $430M | $119M |
| Total DebtShort + long-term debt | $13.3B | $15.9B |
| Interest CoverageEBIT ÷ Interest expense | 1.92x | 3.06x |
Total Returns (Dividends Reinvested)
BIPC leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BIPC five years ago would be worth $9,784 today (with dividends reinvested), compared to $9,133 for AWK. Over the past 12 months, BIPC leads with a +8.5% total return vs AWK's -13.5%. The 3-year compound annual growth rate (CAGR) favors BIPC at 0.4% vs AWK's -2.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -11.7% | -2.9% |
| 1-Year ReturnPast 12 months | +8.5% | -13.5% |
| 3-Year ReturnCumulative with dividends | +1.1% | -8.5% |
| 5-Year ReturnCumulative with dividends | -2.2% | -8.7% |
| 10-Year ReturnCumulative with dividends | +124.1% | +100.9% |
| CAGR (3Y)Annualised 3-year return | +0.4% | -2.9% |
Risk & Volatility
AWK leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
AWK is the less volatile stock with a -0.48 beta — it tends to amplify market swings less than BIPC's 0.62 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. AWK currently trades 83.5% from its 52-week high vs BIPC's 76.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.62x | -0.48x |
| 52-Week HighHighest price in past year | $51.72 | $150.51 |
| 52-Week LowLowest price in past year | $34.18 | $121.28 |
| % of 52W HighCurrent price vs 52-week peak | +76.4% | +83.5% |
| RSI (14)Momentum oscillator 0–100 | 39.7 | 34.4 |
| Avg Volume (50D)Average daily shares traded | 1.1M | 1.7M |
Analyst Outlook
AWK leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates BIPC as "Buy" and AWK as "Hold". Consensus price targets imply 44.3% upside for BIPC (target: $57) vs 7.2% for AWK (target: $135). AWK is the only dividend payer here at 2.58% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $57.00 | $134.67 |
| # AnalystsCovering analysts | 2 | 29 |
| Dividend YieldAnnual dividend ÷ price | — | +2.6% |
| Dividend StreakConsecutive years of raises | 0 | 12 |
| Dividend / ShareAnnual DPS | — | $3.25 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
BIPC leads in 2 of 6 categories (Valuation Metrics, Total Returns). AWK leads in 2 (Risk & Volatility, Analyst Outlook). 2 tied.
BIPC vs AWK: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is BIPC or AWK a better buy right now?
For growth investors, American Water Works Company, Inc.
(AWK) is the stronger pick with 9. 7% revenue growth year-over-year, versus 6. 9% for Brookfield Infrastructure Corporation (BIPC). American Water Works Company, Inc. (AWK) offers the better valuation at 22. 0x trailing P/E (20. 6x forward), making it the more compelling value choice. Analysts rate Brookfield Infrastructure Corporation (BIPC) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — BIPC or AWK?
Over the past 5 years, Brookfield Infrastructure Corporation (BIPC) delivered a total return of -2.
2%, compared to -8. 7% for American Water Works Company, Inc. (AWK). Over 10 years, the gap is even starker: BIPC returned +124. 1% versus AWK's +100. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — BIPC or AWK?
By beta (market sensitivity over 5 years), American Water Works Company, Inc.
(AWK) is the lower-risk stock at -0. 48β versus Brookfield Infrastructure Corporation's 0. 62β — meaning BIPC is approximately -229% more volatile than AWK relative to the S&P 500. On balance sheet safety, American Water Works Company, Inc. (AWK) carries a lower debt/equity ratio of 147% versus 7% for Brookfield Infrastructure Corporation — giving it more financial flexibility in a downturn.
04Which is growing faster — BIPC or AWK?
By revenue growth (latest reported year), American Water Works Company, Inc.
(AWK) is pulling ahead at 9. 7% versus 6. 9% for Brookfield Infrastructure Corporation (BIPC). On earnings-per-share growth, the picture is similar: Brookfield Infrastructure Corporation grew EPS 59. 7% year-over-year, compared to 5. 8% for American Water Works Company, Inc.. Over a 3-year CAGR, BIPC leads at 27. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — BIPC or AWK?
American Water Works Company, Inc.
(AWK) is the more profitable company, earning 21. 6% net margin versus -6. 6% for Brookfield Infrastructure Corporation — meaning it keeps 21. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BIPC leads at 61. 5% versus 36. 6% for AWK. At the gross margin level — before operating expenses — BIPC leads at 63. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is BIPC or AWK more undervalued right now?
Analyst consensus price targets imply the most upside for BIPC: 44.
3% to $57. 00.
07Which pays a better dividend — BIPC or AWK?
In this comparison, AWK (2.
6% yield) pays a dividend. BIPC does not pay a meaningful dividend and should not be held primarily for income.
08Is BIPC or AWK better for a retirement portfolio?
For long-horizon retirement investors, American Water Works Company, Inc.
(AWK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 48), 2. 6% yield, +100. 9% 10Y return). Both have compounded well over 10 years (AWK: +100. 9%, BIPC: +124. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between BIPC and AWK?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
AWK pays a dividend while BIPC does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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