Pricing Log in Create free account
Friday 6 November 2026 Export BIP’s income statement to Excel — free account

Brookfield Infrastructure Partners LP

BIP Utilities Utilities Diversified

Brookfield Infrastructure Partners LP’s revenue for fiscal 2025 (year ended December 2025) was $23.1 billion, up 9.80% from fiscal 2024.

Revenue
+19.4%
EPS
−133.3%
Free cash flow
+17.5%
Total debt
+18.7%

Quarter to June 2026, against a year earlier

37.82 0.35 −0.92%
Market cap
$24.5B
P/E
61.0×
Fwd P/E
39.9×
Dividend yield
4.75%
F-score
6/9
Altman Z
n/a
Beneish M
−2.48
Dividend safety
12/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.06
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 1 — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 24,500.00
Revenue ttm 25,062.00
Net income ttm 2,391.00
Free cash flow ttm (901.00)
Net debt Q 58,953.00
Valuation
P/E 61.00 (above 35: high)
Forward P/E 39.90 (above 35: high)
Price / sales 0.52
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.41
Financial health
Current ratio Q 0.89 (below 1: weak)
Debt / equity Q 1.92
Interest coverage Q 1.38
Growth
Revenue growth Q +19.40% (above 0%: growing)
Operating income growth Q +11.31% (above 0%: growing)
EPS, this year −38.75% (below 0%: weak)
EPS, next year A +93.84% (at or above 15%: strong)
Revenue, next year A −27.44% (below 0%: weak)
EPS, past 5 yrs +31.00% (at or above 15%: strong)
EPS, next 5 yrs A −5.94% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.9×, against a ten-year median of 4.9×; over the ten years it ranged from 2.6× in 2025 to 8.3× in 2016.
P/E against its own 10 years 46.19%
10-year low 10-year high
P/S against its own 10 years 4.36%
10-year low 10-year high
P/B against its own 10 years 7.99%
10-year low 10-year high
EV/Sales against its own 10 years 4.36%
10-year low 10-year high

Dividends

Yield
4.75%
Annual rate
1.80
Payout ratio
289.5%
Growth, 2018–26
+2.51%/yr
  1. 1.12 ’18
  2. 1.70 ’19 +52
  3. 1.29 ’20 −24
  4. 1.87 ’21 +45
  5. 1.44 ’22 −23
  6. 1.53 ’23 +6
  7. 1.62 ’24 +6
  8. 1.72 ’25 +6
  9. 1.37 ’26 −21
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2,791 2,740 3,713 3,512
Receivables 4,676 4,455 5,336 5,528
Inventory 512 454 583 558
Other — 1,958 2,346 1,336
7,979 9,607 11,978 10,934
2023 2024 2025 Q'26
Payables 5,402 5,758 6,893 6,745
ST’ Debt 5,959 3,688 6,748 4,241
Other 344 1,457 1,619 1,319
11,705 10,903 15,260 12,305

Compound Annual Growth %

10y 5y 3y
Sales 28.68% 21.06% 16.99%
Cash Flow 25.18% 18.74% 24.01%
Earnings 10.46% 26.07% 64.43%
Book Value 17.35% 10.40% 11.62%

Earnings Trends EPS, adjusted, against the consensus

Jun 2026 Estimate 0.88 Actual −0.07

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Sep 2025 0.86 0.44 Miss by 0.42
Dec 2025 0.87 0.45 Miss by 0.42
Mar 2026 0.89 −0.20 Miss by 1.09
Jun 2026 0.88 −0.07 Miss by 0.95
Sep 2026 0.90 — Reports 6 November 2026

EPS $

Mar Jun Sep Dec Year
’26 (0.20) (0.07) — — —
’25 0.04 (0.03) 0.44 0.45 0.90
’24 0.10 (0.10) (0.18) 0.22 0.04
’23 (0.07) 0.38 0.03 (0.20) 0.14
’22 (0.01) 0.13 0.05 (0.03) 0.14
’21 0.18 0.41 0.48 0.09 1.16
’20 0.09 (0.14) (0.08) 0.39 0.23
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 6,301 6,482 — — —
’25 5,392 5,429 5,975 6,304 23,100
’24 5,187 5,138 5,270 5,444 21,039
’23 4,218 4,256 4,487 4,970 17,931
’22 3,411 3,681 3,627 3,708 14,427
’21 2,683 2,663 2,939 3,252 11,537
’20 2,196 1,946 2,209 2,534 8,885
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 893 1,493 — — —
’25 868 1,189 1,870 2,044 5,971
’24 841 1,057 1,194 1,561 4,653
’23 517 970 1,100 1,491 4,078
’22 735 734 676 986 3,131
’21 726 564 917 565 2,772
’20 722 615 776 417 2,530
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (1,139) 269 — — —
’25 70 229 (174) 143 268
’24 (1,300) (1,288) 329 405 287
’23 (4,671) 5,162 484 778 1,753
’22 103 53 (398) 639 397
’21 309 2,701 (1,691) (529) 790
’20 1,068 349 (2,957) 2,644 1,104
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 2,115 3,535 4,652 6,597 8,885 11,537 14,427 17,931 21,039 23,100 25,062 +30.4% 16,762 14,173 14,897 (13.6%)
Gross margin, % 49.74 57.31 52.54 48.54 26.30 28.52 27.15 24.88 25.49 26.94 26.53 (22.8) pt
EBT 543 747 1,170 928 1,195 3,333 1,935 2,029 1,953 3,121 2,967 +21.4%
EBT margin, % 25.67 21.13 25.15 14.07 13.45 28.89 13.41 11.32 9.28 13.51 11.84 (12.2) pt
Net income 528 574 806 650 904 2,719 1,375 1,448 1,683 2,532 2,391 +19.0%
Per share, $
Per share, $ Revenue 5.76 8.91 11.20 15.40 20.10 25.92 31.49 39.03 45.58 50.21 73.10 +27.2%
Earnings 0.75 (0.03) 0.35 0.04 0.23 1.16 0.14 0.14 0.04 0.90 0.62 +2.0%
Cash flow 2.05 3.73 3.28 5.00 5.72 6.23 6.83 8.88 10.08 12.98 18.38 +22.7%
Capex (1.86) (1.68) (1.96) (2.67) (3.23) (4.45) (5.97) (5.06) (9.46) (12.40) (21.00) +23.5%
Free cash flow 0.19 2.05 1.31 2.33 2.50 1.77 0.87 3.82 0.62 0.58 (2.63) +13.2%
Book value 26.27 33.95 35.31 51.77 49.03 59.29 55.78 74.04 64.67 77.24 94.86 +12.7%
Shares, m 367 397 415 428 442 445 458 459 462 460 424 +2.5%
Valuation, ×
Valuation, × P/E 26.65 0.00 52.25 637.26 145.26 34.95 229.11 222.21 794.75 38.60 61.00 218.1
P/S 3.45 2.98 1.83 1.93 1.64 1.56 0.99 0.80 0.70 0.69 0.52 1.7
P/B 0.79 0.82 0.62 0.60 0.71 0.71 0.58 0.43 0.51 0.46 0.41 0.6
EV/Sales 6.90 5.70 4.87 4.93 4.07 3.91 2.90 3.20 3.00 3.32 2.87 4.3
EV/FCF 208.62 24.75 41.53 32.54 32.76 57.15 105.57 32.70 (34.00) 286.45 (79.82) 78.8
Cash, $m
Cash, $m Operating cash flow 753 1,481 1,362 2,143 2,530 2,772 3,131 4,078 4,653 5,971 6,300 +25.9%
Capex (683) (667) (816) (1,144) (1,426) (1,982) (2,734) (2,325) (4,366) (5,703) (7,201) +26.6%
Free cash flow 70 814 546 999 1,104 790 397 1,753 287 268 (901) +16.1%
Balance, $m
Balance, $m Working capital 117 (52) (141) 402 (1,813) (3,765) (1,691) (3,726) (1,296) (3,282) (1,371) n/m
Net debt 7,299 9,598 14,142 19,760 21,613 27,107 27,562 43,024 48,354 60,785 58,953 +26.6%
Shareholders’ equity 9,644 13,474 14,668 22,177 21,673 26,391 25,554 34,016 29,853 35,540 32,523 +15.6%
Returns, %
Returns, % ROA 1.46 0.04 0.58 0.11 0.24 0.82 0.14 0.12 0.06 0.39 0.28 (1.1) pt
ROIC 1.62 3.02 3.08 2.55 2.92 3.37 4.10 3.28 3.96 3.76 4.24 +2.1 pt
ROE 3.51 0.10 1.44 0.30 0.67 2.43 0.40 0.35 0.18 1.41 1.05 (2.1) pt
People
People Employees — — — — 41,000 44,000 52,000 52,000 61,000 64,000 — +9.3%
Revenue/emp, $m 0.00 0.00 0.00 0.00 0.22 0.26 0.28 0.34 0.34 0.36 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Brookfield Infrastructure Partners LP vs peers in Utilities Diversified (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SRE Sempra $52.2B 17.1× 16.4× +1.27% (above 0%: growing) +1,016.67% (above 0%: growing) +25.78% (above 0%: growing) 0.00% 0.00% Compare
BIP Brookfield Infrastructure Partners LP $24.5B 61.0× 39.9× +19.40% (above 0%: growing) n/m +17.47% (above 0%: growing) 24.53% 22.77%
AES The AES Corporation $10.6B 6.0× 7.3× +15.55% (above 0%: growing) −16.96% (below 0%: shrinking) +39.92% (above 0%: growing) 25.36% 13.04% Compare
ELPC Companhia Paranaense de Energia - Copel Unsponsored ADR $7.8B 15.1× — — +100.00% (above 0%: growing) — — — Compare
AVA Avista Corporation $3.4B 13.6× 14.2× +4.47% (above 0%: growing) +62.50% (above 0%: growing) −237.84% (below 0%: shrinking) 100.00% 15.68% Compare
UTL Unitil Corporation $1.1B 18.3× 16.9× +11.37% (above 0%: growing) n/m +14.36% (above 0%: growing) 59.59% 6.04% Compare
Median of peers $7.8B 15.1× 15.3× +7.92% +81.25% +20.07% 42.47% 9.54%

All 6 Utilities Diversified stocks →

Brookfield Infrastructure Partners LP (BIP) Latest News

14 Oct

Impact 4 · · GlobeNewswire

10 Oct

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.

9 Oct

Impact 4 · · GlobeNewswire
Impact 4 · · GlobeNewswire

5 Oct

Impact 3 · · Zacks

30 Sep

Impact 4 · · MarketBeat

16 Sep

Impact 4 · · The Motley Fool

12 Sep

Impact 4 · · The Motley Fool

2 Aug

Impact 3 ·

1 Aug

Impact 3 · · MarketBeat

30 Jul

Impact 4 ·
Impact 3 · · Moby transcript

22 Jul

Impact 3 ·
Impact 3 ·

21 Jul

Impact 3 ·

2 Jul

Impact 3 · · The Motley Fool

18 Jun

Impact 4 · · The Motley Fool

16 Jun

Impact 4 · · 24/7 Wall St.

15 Jun

Impact 3 · · axios.com

9 Jun

Impact 3 · · The Motley Fool

29 May

Impact 4 · · 24/7 Wall St.

28 May

Impact 3 · · MT Newswires

12 May

Impact 3 · · Simply Wall St.

7 May

Impact 3 · · Insider Monkey

3 May

Impact 4 · · The Motley Fool

1 May

Impact 3 · · Simply Wall St.

29 Apr

Impact 4 · · Moby
Impact 4 · · The Motley Fool transcript
Impact 3 · · MarketBeat

BIP metrics, ten years each

stockrow.com/BIP · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com