Brookfield Infrastructure Corporation logo

Brookfield Infrastructure Corporation

BIPC

NYSEUtilitiesRegulated Gas

Previous close

$39.55

−$0.05 · -0.13%

Aug 21, 4:00 PM ET

BIPC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

82

Deep Value

Momentum

33

Weakening

Sentiment

47

Mixed

Risk resilience

64

Moderate Risk

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Company profile

Company website

Brookfield Infrastructure Corporation (BIPC), in conjunction with its subsidiary companies, primarily engages in the ownership and operation of essential infrastructure assets globally. The company manages regulated natural gas transmission systems in Brazil, operating an approximate 2,000-kilometer network of pipelines that span the states of Rio de Janeiro, Sao Paulo, and Minas Gerais. Expanding its international presence, BIPC also oversees regulated gas and electricity distribution operations across the United Kingdom. Furthermore, its Australian operations are comprehensive, covering both electricity transmission and distribution, as well as gas distribution services. In Australia, the firm provides services to roughly 3.9 million gas and electricity connections, supported by an expansive 61,000-kilometer infrastructure of active electricity transmission and distribution lines. Established in 2019, Brookfield Infrastructure Corporation is headquartered in New York, New York, and functions as a subsidiary of Brookfield Infrastructure Partners L.P.

Industry
Regulated Gas
Sector
Utilities
Headquarters
US
CEO
Samuel J. Pollock
Listed since
Mar 31, 2020
Employees
1,300

Market position

Day range

Current $39.55

52-week range

Current $39.55

Open
$39.96
Previous close
$39.60
Volume
530.52K
0.48× average
Average volume
1.09M
Average daily volume
Market cap
4.86B USD
Beta
1.31
Market reference 1
50-day average
$39.998
-1.12% below average
200-day average
$43.0707
-8.17% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
18.24B USD
P/E (TTM)
-14.07×
P/B (TTM)
-3.16×
P/S (TTM)
1.31×
EV / EBITDA
6.22×
Earnings yield
-4.54%
Free cash flow yield
4.05%
Dividend yield
4.48%

Profitability & efficiency

Gross margin
62.44%
Operating margin
60.17%
Net margin
-9.47%
Return on equity
18.91%
Return on assets
-1.02%
Return on invested capital
8.39%

Financial health

Debt / equity
-8.3×
Current ratio
0.26×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends78%42%5%-32%Gross margin, FY2021: 67.99%Gross margin, FY2022: 68.44%Gross margin, FY2023: 68.92%Gross margin, FY2024: 62.41%Gross margin, FY2025: 63.63%Operating margin, FY2021: 65.00%Operating margin, FY2022: 67.60%Operating margin, FY2023: 66.24%Operating margin, FY2024: 60.37%Operating margin, FY2025: 61.45%Net margin, FY2021: -22.40%Net margin, FY2022: 58.01%Net margin, FY2023: 4.43%Net margin, FY2024: -17.42%Net margin, FY2025: -6.57%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 67.99%. Gross margin FY2022 68.44%. Gross margin FY2023 68.92%. Gross margin FY2024 62.41%. Gross margin FY2025 63.63%. Operating margin FY2021 65.00%. Operating margin FY2022 67.60%. Operating margin FY2023 66.24%. Operating margin FY2024 60.37%. Operating margin FY2025 61.45%. Net margin FY2021 -22.40%. Net margin FY2022 58.01%. Net margin FY2023 4.43%. Net margin FY2024 -17.42%. Net margin FY2025 -6.57%.

Income trends

Revenue

3.73B USD+6.94%

Operating income

2.29B USD+8.86%

Net income

−245.22M USD+59.67%
Income trends across reported periods4.17B USD2.43B USD694.06M USD−1.04B USDRevenue, FY2021: 1.63B USDRevenue, FY2022: 1.89B USDRevenue, FY2023: 2.55B USDRevenue, FY2024: 3.49B USDRevenue, FY2025: 3.73B USDOperating income, FY2021: 1.06B USDOperating income, FY2022: 1.28B USDOperating income, FY2023: 1.69B USDOperating income, FY2024: 2.11B USDOperating income, FY2025: 2.29B USDNet income, FY2021: −364.76M USDNet income, FY2022: 1.09B USDNet income, FY2023: 113.04M USDNet income, FY2024: −608M USDNet income, FY2025: −245.22M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.63B USD. Revenue FY2022 1.89B USD. Revenue FY2023 2.55B USD. Revenue FY2024 3.49B USD. Revenue FY2025 3.73B USD. Operating income FY2021 1.06B USD. Operating income FY2022 1.28B USD. Operating income FY2023 1.69B USD. Operating income FY2024 2.11B USD. Operating income FY2025 2.29B USD. Net income FY2021 −364.76M USD. Net income FY2022 1.09B USD. Net income FY2023 113.04M USD. Net income FY2024 −608M USD. Net income FY2025 −245.22M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.73B USD3.49B USD2.55B USD1.89B USD1.63B USD
Cost of goods sold1.36B USD1.31B USD792.27M USD520.52M USD521.37M USD
Gross profit2.37B USD2.18B USD1.76B USD1.29B USD1.11B USD
Selling, general, and administrative80M USD75M USD68.23M USD69M USD48.57M USD
Operating expenses81.4M USD71.4M USD68.23M USD66.27M USD48.57M USD
Interest expense1.18B USD1.07B USD697M USD544M USD294M USD
Depreciation and amortization679.69M USD737.79M USD371.69M USD202.64M USD233.92M USD
Operating income2.29B USD2.11B USD1.69B USD1.28B USD1.06B USD
Net income−245.22M USD−608M USD113.04M USD1.09B USD−364.76M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
33%
2 beats, 4 misses, 0 met estimates
Average EPS surprise
-678.52%
6 comparable reports
Latest EPS result
-0.56
Estimate 0.38 · Miss by 247.37%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3.851.01-1.83-4.66Q1 '25No estimateQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 21, 2025: actual -1.22, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 29, 2025: actual 3.26, estimate 1.9, surprise +71.58%, Beat. Q3 2025, reported Jul 30, 2025: actual -4.08, estimate -1.65, surprise -146.98%, Miss. Q4 2025, reported Nov 4, 2025: actual 0.681, estimate -1.68, surprise +140.54%, Beat. Q1 2026, reported Jan 29, 2026: actual -2, estimate 2.25, surprise -188.89%, Miss. Q2 2026, reported Apr 29, 2026: actual -0.76, estimate -0.02, surprise -3700.00%, Miss. Q3 2026, reported Jul 30, 2026: actual -0.56, estimate 0.38, surprise -247.37%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.43, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.01B953.68M897.83M841.98MQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 21, 2025: actual 917.36M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 29, 2025: actual 926.19M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 30, 2025: actual 880.81M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 4, 2025: actual 906.71M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 29, 2026: actual 970.69M USD, estimate 962.09M USD, surprise +0.89%, Beat. Q2 2026, reported Apr 29, 2026: actual 884M USD, estimate 930.78M USD, surprise -5.03%, Miss. Q3 2026, reported Jul 30, 2026: actual 940M USD, estimate 932.89M USD, surprise +0.76%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 964.64M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$50.00

26.42% upside
Past 12 months12-month forecastHigh $50.00Average $50.00Low $50.00

BIPC news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.72

2025 complete year+26.5% since 2021

2026 partial: $0.91

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 31, 2026

$0.455

Quarterly

Record Aug 31, 2026 · Payment Sep 29, 2026

Dividend

Ex-dividend May 29, 2026

$0.455

Quarterly

Record May 29, 2026 · Payment Jun 30, 2026

Dividend

Ex-dividend Feb 27, 2026

$0.455

Quarterly

Record Feb 27, 2026 · Payment Mar 31, 2026

Dividend

Ex-dividend Nov 28, 2025

$0.43

Quarterly

Record Nov 28, 2025 · Payment Dec 31, 2025

Dividend

Ex-dividend Aug 29, 2025

$0.43

Quarterly

Record Aug 29, 2025 · Payment Sep 29, 2025

Dividend

Ex-dividend May 30, 2025

$0.43

Quarterly

Record May 30, 2025 · Payment Jun 30, 2025

BIPC peers

ETFs holding BIPC

Funds reporting this stock among their holdings, ordered by reported position size.

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