Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure Partners L.P.

BIP-UN.TO
Brookfield Infrastructure Partners L.P.CA flagToronto Stock Exchange
53.00
CAD
+0.14
- -
24.49BMarket Cap
Brookfield Infrastructure Partners L.P.
BIP-UN.TO
(Toronto Stock Exchange)

Recent

price

53.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.49
3.74
4.97
5.49
5.69
5.18
5.76
8.91
11.2
15.4
20.1
25.92
31.49
39.03
45.58
50.21
52.11
Revenue per Share
1.17
0.44
0.21
-0.19
0.3
0.47
0.78
0.03
0.46
0.12
0.32
1.25
0.22
0.22
0.12
0.98
0.73
Basic EPS, GAAP
0.16
-0.56
-0.06
0.81
0.7
0.31
0.17
1.93
1.26
2.24
2.39
1.58
0.78
3.46
-0.7
-0.12
-2.76
Free Cash Flow per Basic Share
0.46
0.75
0.99
1.17
1.32
1.52
1.71
2
2.21
2.4
2.57
2.82
3.1
3.3
3.56
3.79
3.84
Dividend per Share
1.19
0.87
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
5.62
7.97
8.73
7.67
7.87
10.6
12.74
5.74
-1.99
2.89
7.4
7.19
10.79
8.02
2.67
1.23
-0.96
Tangible Book Value per Share
254
298
306
333
338
358
367
397
415
428
442
445
458
459
462
460
461
Basic Weighted Avg Shares
634
1,115
1,524
1,826
1,924
1,855
2,115
3,535
4,652
6,597
8,885
11,537
14,427
17,931
21,039
23,100
24,009
Sales/Revenue/Turnover
24.76
32.91
28.41
30.89
30.3
29.54
20.76
31.57
30.52
25.91
22.79
25
24.15
22.58
23.57
25.1
25.22
Operating Margin (%)
29
127
232
329
380
375
447
671
801
1,214
1,705
2,036
2,158
2,739
3,644
4,024
4,139
Depreciation Expense
302
136
80
-32
145
235
369
124
329
211
324
766
341
367
351
771
665
Net Income, GAAP
- -
8.48
- -
9.09
25.65
- -
2.76
23.16
31.11
29.96
24.35
18.42
28.94
28.63
13.82
18.87
20.16
Effective Tax Rate (%)
47.63
12.2
5.25
-1.75
7.54
12.67
17.45
3.51
7.07
3.2
3.65
6.64
2.36
2.05
1.67
3.34
2.77
Profit Margin (%)
-518
-48
-545
670
739
343
117
-52
-141
402
-1,813
-3,765
-1,691
-3,726
-1,296
-3,282
-4,098
Working Capital
3,978
4,740
7,276
6,096
6,768
6,930
7,752
9,701
14,121
21,343
25,308
29,572
30,266
43,090
51,947
61,758
58,431
LT Debt
4,923
5,889
7,808
6,605
6,322
7,176
9,644
13,474
14,668
22,177
21,673
26,391
25,554
34,016
29,853
35,540
34,234
Total Equity
- -
3.31
- -
3.6
3.35
- -
2.64
4.12
3.66
3.2
3.26
4.34
4.16
4.04
5.03
4.93
5.39
Return on Invested Capital (%)
- -
0.76
- -
1.86
3.52
- -
5.05
- -
1.07
1.09
1.28
-0.37
0.84
1.37
2.07
2.05
2.47
Return on Capital (%)
- -
46.62
49.23
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
5,381
7,359
6,062
LT Borrowings
56,537
57,785
58,431
LT Finance Leases
- -
3,973
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
464
463
460
Market Capitalization
15,194
16,031
16,621

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
11,876
11,978
8,872
Cash, Cash Equivalents & STI
3,342
2,332
2,819
Accounts Receivable, Net
5,650
4,308
5,477
Inventories
583
583
576
Total Current Liabilities
13,988
15,260
12,970
Payables & Accruals
6,721
4,734
6,470
ST Debt
5,381
7,359
6,062
Deferred Revenue
- -
680
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.04%
11.7%
19.05%
Free Cash Flow
119.6%
12.05%
-83.54%
Net Income, GAAP
37.75%
40.77%
119.66%
Sales/Revenue/Turnover
29.56%
21.26%
9.8%
Total Cash Common Dividend
11.59%
8.39%
5.26%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,187
5,138
5,270
5,444
21,039
2025
5,392
5,429
5,975
6,304
23,100
2026
6,301
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
-0.08
-0.16
- -
0.12
2025
0.06
-0.01
0.46
- -
0.98
2026
-0.19
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.89
0.89
0.89
- -
3.56
2025
0.95
0.95
0.94
- -
3.79
2026
1
- -
- -
- -
- -
Business
Brookfield Infrastructure Partners L.P. is a global infrastructure company that owns and operates long-life, high-quality assets generating stable cash flows across four primary segments: Utilities, Transport, Midstream, and Data Infrastructure. Its Utilities segment provides rate-regulated electricity transmission and distribution, natural gas distribution, and contracted generation services, serving over 10 million customers worldwide. The Transport segment operates diversified terminals, rail networks, and toll roads that facilitate the movement of freight, commodities, and passengers, while the Midstream segment comprises natural gas pipelines, storage facilities, and processing plants based mainly in North America. The Data Infrastructure segment includes fiber optic networks, data centers, and telecommunication towers, targeting high-growth digital infrastructure demands. Brookfield Infrastructure Partners operates across multiple geographies including the United States, Canada, Australia, the United Kingdom, Brazil, Colombia, Chile, and Peru. Founded in 2008 and headquartered in Toronto, Canada, the partnership leverages Brookfield Asset Management's extensive infrastructure expertise. Its customer base spans regulated utilities, energy producers, transportation providers, and telecom operators. Recent major developments include strategic acquisitions such as the $9 billion acquisition of Colonial Enterprises, the largest U.S. refined products pipeline system, alongside investments in a leading fiber-to-the-home bulk services provider with over 300,000 customers and a joint venture acquiring a large North American railcar leasing platform with a fleet of over 125,000 railcars. The company has engaged in substantial capital recycling initiatives, securing over $3 billion from asset sales while reinvesting approximately $1 billion into new acquisitions. Additionally, it announced a $400 million equity issuance and a $23 million equity buyback program. Its quarterly distribution was increased by 6% to $0.43 per unit in 2025. The company continues to emphasize inflation indexation across its assets and commissioning of new capital totaling $1.3 billion in recent periods. Brookfield Infrastructure Partners targets investors seeking exposure to diversified, fee-based infrastructure with inflation protection, benefiting from its portfolio of essential service networks and transportation infrastructure with high barriers to entry and predictable revenue streams. It has a strong balance sheet with $5.5 billion of liquidity and a weighted average debt maturity of approximately seven years, supporting its ongoing expansion and operational stability.