BIP Stock - Brookfield Infrastructure Partners L.P.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $21.04B | $17.93B | $14.43B | $11.54B | $8.88B |
| Gross Profit | $5.36B | $4.46B | $3.92B | $3.29B | $2.34B |
| Gross Margin | 25.5% | 24.9% | 27.2% | 28.5% | 26.3% |
| Operating Income | $4.96B | $4.05B | $3.48B | $2.88B | N/A |
| Net Income | $351.00M | $367.00M | $341.00M | $766.00M | $324.00M |
| Net Margin | 1.7% | 2.0% | 2.4% | 6.6% | 3.6% |
| EPS | $0.12 | $0.22 | $0.14 | $1.16 | $0.23 |
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company's Utilities segment operates approximately 61,000 kilometers (km) of operational electricity transmission and distribution lines; 5,300 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.3 million electricity and natural gas connections; and 360,000 long-term contracted sub-metering services. This segment also offers heating and cooling solutions; gas distribution; water heaters; and heating, ventilation, and air conditioner rental, as well as other home services. Its Transport segment offers transportation, storage, and handling services for merchandise goods, commodities, and passengers through a network of approximately 22,000 km of track; 5,500 km of track network; 4,800 km of rail; 3,800 km of motorways; and 13 port terminals. The company's Midstream segment offers natural gas transmission, gathering and processing, and storage services through approximately 15,000 km of natural gas transmission pipelines; 600 billion cubic feet of natural gas storage; 17 natural gas processing plants; and 3,900 km of gas gathering pipelines, as well as one petrochemical processing complex. Its Data segment operates approximately 148,000 operational telecom towers; 8,000 multi-purpose towers and active rooftop sites; 10,000 km of fiber backbone; 1,600 cell sites and approximately 12,000 km of fiber optic cable; and 2,100 active telecom towers and 70 distributed antenna systems, as well as 50 data centers and 200 megawatts of critical load capacity. The company was founded in 2007 and is based in Hamilton, Bermuda. Brookfield Infrastructure Partners L.P. is a subsidiary of Brookfield Asset Management Inc.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 29th 2025 | Jefferies | Downgrade | Hold | $37 |
| August 29th 2025 | Jefferies | Resumed | Buy | - |
| February 27th 2024 | Jefferies | Initiation | Buy | - |
| January 30th 2024 | National Bank Financial | Downgrade | Sector Perform | - |
| October 18th 2023 | National Bank Financial | Upgrade | Outperform | $33 |
| September 25th 2023 | Raymond James | Upgrade | Strong Buy | $45 |
| September 23rd 2022 | TD Securities | Resumed | Buy | $49 |
| June 30th 2022 | Credit Suisse | Upgrade | Outperform | $49.5 |
Earnings History & Surprises
BIPEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 28, 2026 | — | — | — | — |
Q1 2026 | Jan 29, 2026 | $0.26 | — | — | — |
Q1 2026 | Jan 29, 2026 | $0.30 | — | — | — |
Q4 2025 | Nov 7, 2025 | — | $0.95 | — | — |
Q3 2025 | Jul 30, 2025 | $0.31 | $0.16 | -48.6% | ✗ MISS |
Q2 2025 | Apr 30, 2025 | $0.29 | $0.04 | -86.3% | ✗ MISS |
Q1 2025 | Mar 21, 2025 | — | $0.40 | — | — |
Q4 2024 | Nov 6, 2024 | $0.14 | $-0.18 | -228.6% | ✗ MISS |
Q3 2024 | Aug 1, 2024 | $0.22 | $-0.10 | -145.5% | ✗ MISS |
Q2 2024 | May 1, 2024 | $0.11 | $0.10 | -9.1% | ✗ MISS |
Q1 2024 | Mar 18, 2024 | — | $-0.03 | — | — |
Q4 2023 | Nov 1, 2023 | $0.13 | $0.03 | -76.9% | ✗ MISS |
Q3 2023 | Aug 3, 2023 | $0.66 | $0.38 | -42.4% | ✗ MISS |
Q2 2023 | May 3, 2023 | $0.18 | $-0.07 | -138.9% | ✗ MISS |
Q1 2023 | Mar 17, 2023 | — | $0.12 | — | — |
Q4 2022 | Nov 2, 2022 | $0.16 | $0.05 | -68.8% | ✗ MISS |
Q3 2022 | Aug 3, 2022 | $0.66 | $0.13 | -80.3% | ✗ MISS |
Q2 2022 | May 4, 2022 | $0.57 | $-0.01 | -101.8% | ✗ MISS |
Q1 2022 | Feb 2, 2022 | $0.13 | $0.09 | -30.8% | ✗ MISS |
Q4 2021 | Nov 3, 2021 | $0.09 | $0.48 | +433.3% | ✓ BEAT |
Latest News
Morgan Stanley Maintains Equal-Weight on Brookfield Infrastructure, Raises Price Target to $53
➖ NeutralReported Earlier, Brookfield Infrastructure Launches ATM Program Enabling Sale Of Up To $400M Of Class A Exchangeable Subordinate Voting Shares On US And Canadian Markets
➖ NeutralBrookfield Infr Partners Q3 EPS $0.44 Beats $0.12 Estimate, Sales $5.975B Beat $1.979B Estimate
📈 PositiveReported Earlier, Brookfield Infrastructure To Issue C$700M Medium-Term Notes Including C$375M Series 15 Due 2031 And C$325M Series 16 Due 2035
➖ NeutralJefferies Reinstates Buy on Brookfield Infr Partners, Announces $35 Price Target
📈 PositiveMorgan Stanley Maintains Equal-Weight on Brookfield Infrastructure, Raises Price Target to $46
➖ NeutralFrequently Asked Questions about BIP
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