XPLR Infrastructure, LP

XIFR Utilities Utilities Renewable

XPLR Infrastructure, LP’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, down 3.41% from fiscal 2024. In the quarter to June 2026, revenue grew 6.14%, EPS fell 52.4%, free cash flow fell 105.3% and total debt fell 9.10%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

9.94 0.12 +1.22%
Market cap
$1.9B
P/E
15.3×
Fwd P/E
−24.2×
Dividend yield
0.00%
F-score
4/9
Altman Z
n/a
Beneish M
−3.29
Dividend safety
16/100

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 3.31%

Capital & Financial Ratios $m

Market Cap 1,900.00
Revenue 1,202.00
Net Income (179.00)
Free Cash Flow (409.00)
Net Debt 5,530.00
Current Ratio 1.27
Debt/Equity 0.57
P/E ratio 15.29
Fwd P/E (24.20) (negative: loss-making)
P/S ratio 0.78
P/B ratio 0.09
Past 5Y EPS Growth —
This Y EPS Growth 2,777.34% (at or above 15%: strong)
Next Y EPS Growth (27.22%) (below 0%: weak)
Next Y revenue growth 11.03% (at or above 10%: strong)
Next 5Y EPS Growth (5.91%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 31.70%
10-year low 10-year high
P/S against its own 10 years 8.15%
10-year low 10-year high
P/B against its own 10 years 9.55%
10-year low 10-year high
EV/Sales against its own 10 years 10.28%
10-year low 10-year high

Dividends

Payout Ratio 0.00
Annual Dividend Rate 0.00
Annual Dividend Yield 0.00%
total individual payouts
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 3.60
0.88
0.89
0.91
0.92
2023 3.38
0.81
0.84
0.85
0.87
2022 2.99
0.71
0.73
0.76
0.79
2021 2.60
0.62
0.64
0.66
0.69
2020 2.26
0.54
0.56
0.58
0.60
2019 1.97
0.47
0.48
0.50
0.52
2018 1.71
0.41
0.42
0.44
0.45
2017 1.49
0.35
0.37
0.38
0.39
2016 1.30
0.31
0.32
0.33
0.34
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 274 283 960 500
Receivables 1,753 339 238 309
Inventory 82 108 103 111
Other 107 130 121 142
2,216 860 1,422 1,062
2023 2024 2025 Q'26
Payables 159 224 556 471
ST’ Debt 1,348 705 762 120
Other 83 80 118 102
1,671 1,087 1,568 835

Compound Annual Growth %

10y 5y 3y
Sales 9.02% 5.31% 7.03%
Cash Flow 9.88% 2.13% (1.62%)
Earnings 0.00% 0.00% 0.00%
Book Value 19.14% 7.18% (9.43%)

Revenue $m

Mar Jun Sep Dec Year
’26 275 363 — — —
’25 282 342 315 249 1,188
’24 257 360 319 294 1,230
’23 245 293 308 232 1,078
’22 281 362 302 24 969
’21 246 253 252 (29) 722
’20 212 253 240 212 917
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) 233 — — —
’25 90 232 231 186 739
’24 78 231 208 283 800
’23 82 214 256 179 731
’22 120 289 202 165 776
’21 104 204 184 185 677
’20 99 160 223 183 665
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (30) (8) — — —
’25 1 151 (283) (88) (219)
’24 14 162 152 231 559
’23 (319) (192) (1) (26) (538)
’22 (347) 7 (7) (228) (575)
’21 59 185 166 154 564
’20 47 91 108 85 331
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.35 0.40 — — —
’25 (1.05) 0.84 (0.40) 0.30 (0.30)
’24 0.75 0.66 (0.43) (1.08) (0.11)
’23 (0.17) 0.53 0.57 1.20 2.18
’22 1.72 2.61 0.93 0.40 5.62
’21 2.66 (0.97) 0.24 (0.12) 1.77
’20 (3.39) 0.69 0.76 0.85 (0.81)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 23.78 25.32 36.84 39.51 29.01 63.50 61.31 20.17 15.55 7.53

Analyst estimates 2026–2028

Powerpack
High 32.42 44.00 50.66 53.90 69.15 88.80 86.06 77.21 35.15 19.28
People
People Employees 10 8 8 8 8 — — — — —
Revenue/emp, $m 77.20 100.88 96.38 106.88 114.63 0.00 0.00 0.00 0.00 0.00
Income, $m
Income, $m Revenue 772 807 771 855 917 722 969 1,078 1,230 1,188
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
EBT 440 281 273 (430) (257) 303 1,130 (279) (454) (477)
EBT margin, % 56.99 34.82 35.41 (50.29) (28.03) 41.97 116.62 (25.88) (36.91) (40.15)
Net income 383 114 267 (404) (238) 424 1,121 218 (411) (436)
Depreciation 235 226 203 331 374 405 573 635 632 647
Per share, $
Per share, $ Revenue 17.63 14.89 14.04 14.54 13.41 9.35 11.41 11.77 13.16 12.65
Earnings 2.05 (1.20) 3.05 (1.51) (0.81) 1.77 5.62 2.18 (0.11) (0.30)
Cash flow 9.47 7.62 6.59 5.88 9.72 8.77 9.14 7.98 8.56 7.87
Capex (19.66) (6.44) (0.46) (1.58) (4.88) (1.46) (15.91) (13.85) (2.58) (10.20)
Free cash flow (10.18) 1.18 6.14 4.30 4.84 7.31 (6.77) (5.87) 5.98 (2.33)
Book value 58.58 41.03 100.87 120.17 112.68 140.39 172.80 153.46 137.60 116.07
Shares, m 44 54 55 59 68 77 85 92 94 94
Valuation, ×
Valuation, × P/E 13.90 0.00 13.93 0.00 0.00 46.63 12.51 14.49 0.00 0.00
P/S 1.47 2.91 3.07 3.62 5.00 9.02 6.20 2.62 1.35 0.79
P/B 0.44 1.40 0.47 0.45 0.60 0.60 0.41 0.20 0.13 0.09
EV/Sales 5.87 8.04 7.33 8.32 8.58 16.20 11.43 8.20 5.44 5.20
EV/FCF (10.17) 101.33 16.77 28.11 23.77 20.74 (19.26) (16.44) 11.98 (28.22)
Cash, $m
Cash, $m Operating cash flow 415 413 362 346 665 677 776 731 800 739
Capex (861) (349) (25) (93) (334) (113) (1,351) (1,269) (241) (958)
Free cash flow (446) 64 337 253 331 564 (575) (538) 559 (219)
Balance, $m
Balance, $m Working capital (451) 122 (519) 132 64 149 536 545 (227) (146)
Total debt 3,586 4,317 3,435 4,144 3,388 5,327 5,288 6,289 5,314 6,202
Net debt 3,403 4,138 3,288 4,016 3,280 5,180 5,062 6,015 5,031 5,242
Shareholders’ equity 2,566 2,224 5,538 7,066 7,707 10,838 14,671 14,057 12,866 10,899
Returns, %
Returns, % ROA 1.04 (0.75) 1.87 (0.81) (0.44) 0.87 2.27 0.88 (0.11) (0.14)
ROIC 3.16 3.07 3.14 1.31 1.44 0.25 0.14 (0.09) (1.60) (0.72)
ROE 3.72 (3.02) 5.01 (1.48) (0.75) 1.48 3.74 1.39 (0.17) (0.24)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

XPLR Infrastructure, LP vs peers in Utilities Renewable (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
BEP Brookfield Renewable Partners L.P. $8.6B — (loss-making) — (loss-making) +11.52% (above 0%: growing) n/m +250.13% (above 0%: growing) 59.97% 27.51% Compare
CWEN Clearway Energy, Inc. $6.2B 749× — (loss-making) +18.79% (above 0%: growing) n/m +735.90% (above 0%: growing) 62.15% 5.65% Compare
ORA Ormat Technologies, Inc. $5.5B 42.9× 78.5× +10.57% (above 0%: growing) −4.35% (below 0%: shrinking) −376.02% (below 0%: shrinking) 26.55% 13.22% Compare
BEPC Brookfield Renewable Corporation $5.4B — (loss-making) — (loss-making) +19.78% (above 0%: growing) n/m +116.56% (above 0%: growing) 61.84% 32.69% Compare
EBR.B Eletrobras $2.6B 14.7× — +23.00% (above 0%: growing) +118.50% (above 0%: growing) +98.52% (above 0%: growing) 88.38% 38.51% Compare
RNW ReNew Energy Global PLC $2.5B 21.9× 27.8× +5.42% (above 0%: growing) +6.25% (above 0%: growing) −179.75% (below 0%: shrinking) 83.20% 50.00% Compare
XIFR XPLR Infrastructure, LP $1.9B 15.3× — (loss-making) +6.14% (above 0%: growing) −52.38% (below 0%: shrinking) −105.30% (below 0%: shrinking) 100.00% 16.53%
FLNC Fluence Energy, Inc. $1.2B — (loss-making) — (loss-making) +7.85% (above 0%: growing) n/m +85.20% (above 0%: growing) 5.12% (8.85%) Compare
NRGV Energy Vault Holdings, Inc. $556.4M — (loss-making) — (loss-making) +104.05% (above 0%: growing) n/m −671.56% (below 0%: shrinking) 30.95% (141.97%) Compare
Median of peers $4.0B 32.4× — +15.16% +6.25% +91.86% 60.91% 20.37%

All 24 Utilities Renewable stocks →

XPLR Infrastructure, LP (XIFR) key facts

  • Concern: XPLR Infrastructure, LP’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, down 3.41% from fiscal 2024.
  • XPLR Infrastructure, LP (XIFR) is an Utilities Renewable company in the Utilities sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, XIFR traded at $9.94, a market capitalization of $1.9 billion.
  • Return on equity was −0.24% and debt-to-equity 0.57.
  • Its Piotroski F-score is 4 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

XPLR Infrastructure, LP (XIFR) Latest News

11 Feb

Impact 4 · transcript
stockrow.com/XIFR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com