Brookfield Infrastructure Partners LP
BIP
37.45
+0.02
+0.05%
Brookfield Infrastructure Partners LP
US · BIP
#1070 by market cap
Listed 1970
37.45
+0.02
+0.05%
Live - 5344 symbols - heartbeat 178s ago
· 2026-10-07 20:01
After-hours
37.25
-0.53%
- Market cap
- 17.23B
- P/E (TTM)i
- 60.40
- P/Bi
- 3.34
- EPSi
- 0.90
- Div yieldi
- 4.73%
- 52W posi
- 47%
Reader sentiment
Are you bullish or bearish on BIP?
Anonymous reader poll. Unscientific, not investment advice.
Revenue annual, last 8 years
Latest year +9.80% YoY
Margins
- Gross margin
- 26.94%
- Operating margin
- 25.10%
- Net margin
- 1.94%
Key ratios & quality
- Enterprise valuei
- 80.04B
- PEG ratioi
- 1.93
PEG uses trailing P/E against the 3-year net income growth rate (31.25%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG."
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.65B | 6.60B | 8.89B | 11.54B | 14.43B | 17.93B | 21.04B | 23.10B |
| Gross profit | 2.44B | 1.99B | 2.34B | 3.29B | 3.92B | 4.46B | 5.36B | 6.22B |
| Selling & admin expenses | 223.00M | 279.00M | 312.00M | 406.00M | 433.00M | 413.00M | 405.00M | 426.00M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 1.42B | 1.71B | 2.03B | 2.88B | 3.48B | 4.05B | 4.96B | 5.80B |
| Pretax profit | 1.17B | 928.00M | 1.20B | 3.33B | 1.94B | 2.03B | 1.95B | 3.12B |
| Tax | 364.00M | 278.00M | 291.00M | 614.00M | 560.00M | 581.00M | 270.00M | 589.00M |
| Net profit | 806.00M | 650.00M | 904.00M | 2.72B | 1.38B | 1.45B | 1.68B | 2.53B |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Diluted EPS | 0.35 | 0.04 | 0.23 | 0.16 | 0.14 | 0.14 | 0.04 | 0.90 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 5.39B | 5.43B | 5.98B | 6.30B | 6.30B | 6.48B |
| Gross profit | 1.43B | 1.43B | 1.56B | 1.80B | 1.70B | 1.59B |
| Selling & admin expenses | 97.00M | 108.00M | 107.00M | 114.00M | 109.00M | 114.00M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 1.33B | 1.33B | 1.45B | 1.69B | 1.59B | 1.48B |
| Pretax profit | 678.00M | 409.00M | 1.04B | 997.00M | 255.00M | 678.00M |
| Tax | 152.00M | 157.00M | 287.00M | -7.00M | 107.00M | 189.00M |
| Net profit | 526.00M | 252.00M | 750.00M | 1.00B | 148.00M | 489.00M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.04 | -0.03 | 0.44 | 0.45 | -0.20 | -0.07 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 2.28B | 5.84B | 3.71B | 4.90B | 6.69B | 7.98B | 9.61B | 11.98B |
| Cash & ST investments | 684.00M | 866.00M | 1.32B | 1.81B | 2.27B | 2.44B | 2.43B | 2.33B |
| Inventory | 141.00M | 242.00M | 221.00M | 400.00M | 531.00M | 512.00M | 454.00M | 583.00M |
| Total assets | 36.58B | 56.31B | 61.33B | 73.96B | 72.97B | 100.78B | 104.59B | 128.15B |
| Total current liabilities | 2.42B | 5.44B | 5.52B | 8.66B | 8.38B | 11.71B | 10.90B | 15.26B |
| Short-term debt | 985.00M | 1.58B | 1.89B | 3.55B | 3.56B | 6.48B | 4.41B | 7.36B |
| Long-term debt | 14.12B | 19.74B | 21.71B | 26.15B | 27.23B | 39.89B | 47.44B | 57.79B |
| Total liabilities | 21,912,000,000.00 | 34,131,000,000.00 | 39,658,000,000.00 | 47,570,000,000.00 | 47,415,000,000.00 | 66,768,000,000.00 | 74,737,000,000.00 | 92,610,000,000.00 |
| Total equity | 14.67B | 22.18B | 21.67B | 26.39B | 25.55B | 34.02B | 29.85B | 35.54B |
| Retained earnings | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 7.85B | 12.17B | 11.88B | 11.98B | 8.87B | 10.93B |
| Cash & ST investments | 1.76B | 2.58B | 3.34B | 2.33B | 2.82B | 3.51B |
| Inventory | 430.00M | 470.00M | 583.00M | 583.00M | 576.00M | 558.00M |
| Total assets | 103.66B | 108.69B | 124.30B | 128.15B | 124.51B | 121.95B |
| Total current liabilities | 10.18B | 13.77B | 13.99B | 15.26B | 12.97B | 12.31B |
| Short-term debt | 3.54B | 4.64B | 5.38B | 7.36B | 6.06B | 4.24B |
| Long-term debt | 47.22B | 47.99B | 56.54B | 57.79B | 58.43B | 58.22B |
| Total liabilities | 73,880,000,000.00 | 79,042,000,000.00 | 89,831,000,000.00 | 92,610,000,000.00 | 90,275,000,000.00 | 89,425,000,000.00 |
| Total equity | 29.78B | 29.65B | 34.47B | 35.54B | 34.23B | 32.52B |
| Retained earnings | -- | -- | -- | -- | -- | -- |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.36B | 2.14B | 2.53B | 2.77B | 3.13B | 4.08B | 4.65B | 5.97B |
| Depreciation & amortization | 801.00M | 1.21B | 1.71B | 2.04B | 2.16B | 2.74B | 3.64B | 4.02B |
| Free cash flow | 523.00M | 961.00M | 1.06B | 705.00M | 356.00M | 1.59B | -322.00M | -53.00M |
| Dividends paid | -919.00M | -1.03B | -1.13B | -1.26B | -1.42B | -1.52B | -1.64B | -1.74B |
| Stock buybacks / issuance | 325.00M | 853.00M | 204.00M | 1.07B | 13.00M | -13.00M | 11.00M | -9.00M |
| Ending cash balance | 540.00M | 827.00M | 867.00M | 1.41B | 1.28B | 1.86B | 2.07B | 3.20B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 868.00M | 1.19B | 1.87B | 2.04B | 893.00M | 1.49B |
| Depreciation & amortization | 960.00M | 941.00M | 1.05B | 1.07B | 1.08B | 1.10B |
| Free cash flow | -2.00M | 169.00M | -235.00M | 15.00M | -1.22B | 202.00M |
| Dividends paid | -437.00M | -436.00M | -435.00M | -435.00M | -461.00M | -461.00M |
| Stock buybacks / issuance | 2.00M | -26.00M | 3.00M | 12.00M | 29.00M | 3.00M |
| Ending cash balance | 1.46B | 2.34B | 2.61B | 3.20B | 2.46B | 3.09B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 3.47 | 0.91 | 2.48 | 9.08 | 1.53 | 1.62 | 0.96 | 7.95 |
| ROA %i | 0.58 | 0.11 | 0.24 | 0.82 | 0.14 | 0.12 | 0.06 | 0.39 |
| ROIC %i | 3.12 | 2.54 | 3.02 | 4.31 | 3.09 | 3.56 | 4.54 | 4.79 |
| 5-year avg ROE %i | 3.43 | 3.06 | 2.67 | 3.23 | 3.49 | 3.12 | 3.13 | 4.23 |
| EBIT margin %i | 36.82 | 26.51 | 25.14 | 39.61 | 24.50 | 23.89 | 23.73 | 28.61 |
| FCF / sales %i | 11.24 | 14.57 | 11.91 | 6.11 | 2.47 | 8.87 | -- | -- |
| Current ratioi | 0.94 | 1.07 | 0.67 | 0.57 | 0.80 | 0.68 | 0.88 | 0.78 |
| Quick ratioi | 0.74 | 0.49 | 0.52 | 0.43 | 0.55 | 0.53 | 0.58 | 0.46 |
| Debt / assetsi | 41.30 | 40.71 | 44.35 | 44.78 | 46.36 | 49.19 | 53.88 | 53.93 |
| LT debt / equityi | 258.11 | 355.30 | 470.23 | 430.39 | 479.12 | 687.57 | 919.58 | 1,094.42 |
| Interest coveragei | 3.15 | 2.13 | 2.15 | 3.69 | 2.21 | 1.90 | 1.64 | 1.89 |
| Revenue CAGR (3Y) %i | 35.86 | 46.11 | 35.96 | 35.36 | 29.80 | 26.37 | 22.17 | 16.99 |
| Net income CAGR (3Y) %i | 11.87 | -17.00 | 37.73 | 32.54 | 17.35 | 4.24 | -22.91 | 31.25 |
| FCF CAGR (3Y) %i | 67.15 | 148.01 | 11.32 | 10.47 | -28.18 | 14.57 | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 0.46 | 1.06 | 6.25 | 7.95 | 6.18 | 6.10 |
| ROA %i | 0.03 | 0.06 | 0.30 | 0.39 | 0.30 | 0.28 |
| ROIC %i | 4.41 | 4.37 | 4.51 | 4.79 | 5.14 | 5.39 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 23.30 | 24.04 | 27.16 | 28.61 | 26.38 | 27.00 |
| FCF / sales %i | 1.91 | 2.36 | 1.07 | -- | -- | -- |
| Current ratioi | 0.77 | 0.88 | 0.85 | 0.78 | 0.68 | 0.89 |
| Quick ratioi | 0.66 | 0.54 | 0.64 | 0.46 | 0.64 | 0.73 |
| Debt / assetsi | 48.96 | 48.42 | 49.81 | 53.93 | 51.80 | 51.22 |
| LT debt / equityi | 853.97 | 907.24 | 1,055.39 | 1,094.42 | 1,088.30 | 1,127.06 |
| Interest coveragei | 1.57 | 1.60 | 1.79 | 1.89 | 1.74 | 1.78 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Attributable to non-controlling interest is the largest reported line at 74.65% of revenue, across 6 reported segments.
- The next-largest line, Utilities, is a distant second at 11.45% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Attributable to non-controlling interest74.65%
Utilities11.45%
Transport10.06%
Midstream7.36%
Data5.34%
Quote time 2026-10-07 20:01:42 · For reference only, not investment advice and not tailored to your situation.