Brookfield Infrastructure Partners L.P.

$BIP Market Cap: $15.99 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$20.57B

TTM

Gross Margin

34.31%

TTM

Net Earnings

-$196.0M

TTM

Current Assets

$1.882B

Q3 2024

Current Liabilities

Current Ratio

Total Assets

$105.2B

Q3 2024

Total Liabilities

$99.37B

Q3 2024

Book Value

$5.878B

Q3 2024

Cash

$1.602B

Q3 2024

P/E

-81.59

Nov 29, 2024 EST

Free Cash Flow

$800.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$17.93B	$14.43B	$11.54B	$8.885B	$6.597B	$4.652B	$3.535B	$2.115B	$1.855B	$1.924B	$1.826B	$1.524B	$1.115B	$634.0M	$290.0M	$0.00	$0.00
YoY Change	24.29%	25.05%	29.85%	34.68%	41.81%	31.6%	67.14%	14.02%	-3.59%	5.37%	19.82%	36.68%	75.87%	118.62%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$17.93B	$14.43B	$11.54B	$8.885B	$6.597B	$4.652B	$3.535B	$2.115B	$1.855B	$1.924B	$1.826B	$1.524B	$1.115B	$634.0M	$290.0M	$0.00	$0.00
Cost Of Revenue	$10.73B	$8.352B	$8.247B	$4.843B	$3.395B	$2.208B	$1.509B	$1.063B	$798.0M	$846.0M	$823.0M	$766.0M	$561.0M	$413.0M	$198.0M
Gross Profit	$7.200B	$6.075B	$3.290B	$4.042B	$3.202B	$2.444B	$2.026B	$1.052B	$1.057B	$1.078B	$1.003B	$758.0M	$554.0M	$221.0M	$92.00M
Gross Profit Margin	40.15%	42.11%	28.52%	45.49%	48.54%	52.54%	57.31%	49.74%	56.98%	56.03%	54.93%	49.74%	49.69%	34.86%	31.72%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Selling, General & Admin	$413.0M	$433.0M	$406.0M	$312.0M	$279.0M	$223.0M	$239.0M	$166.0M	$134.0M	$115.0M	$110.0M	$95.00M	$61.00M	$35.00M	$18.00M
YoY Change	-4.62%	6.65%	30.13%	11.83%	25.11%	-6.69%	43.98%	23.88%	16.52%	4.55%	15.79%	55.74%	74.29%	94.44%
% of Gross Profit	5.74%	7.13%	12.34%	7.72%	8.71%	9.12%	11.8%	15.78%	12.68%	10.67%	10.97%	12.53%	11.01%	15.84%	19.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.739B	$2.158B	$2.036B	$1.705B	$1.214B	$801.0M	$671.0M	$447.0M	$375.0M	$380.0M	$329.0M	$232.0M	$127.0M	$29.00M	$12.00M
YoY Change	26.92%	5.99%	19.41%	40.44%	51.56%	19.37%	50.11%	19.2%	-1.32%	15.5%	41.81%	82.68%	337.93%	141.67%
% of Gross Profit	38.04%	35.52%	61.88%	42.18%	37.91%	32.77%	33.12%	42.49%	35.48%	35.25%	32.8%	30.61%	22.92%	13.12%	13.04%
Operating Expenses	$413.0M	$433.0M	$406.0M	$2.017B	$1.493B	$1.024B	$910.0M	$613.0M	$509.0M	$495.0M	$439.0M	$325.0M	$187.0M	$64.00M	$163.0M	$0.00	$0.00
YoY Change	-4.62%	6.65%	-79.87%	35.1%	45.8%	12.53%	48.45%	20.43%	2.83%	12.76%	35.08%	73.8%	192.19%	-60.74%
Operating Profit	$6.787B	$5.642B	$2.884B	$2.025B	$1.709B	$1.420B	$1.116B	$439.0M	$548.0M	$583.0M	$564.0M	$433.0M	$367.0M	$157.0M	-$71.00M
YoY Change	20.29%	95.63%	42.42%	18.49%	20.35%	27.24%	154.21%	-19.89%	-6.0%	3.37%	30.25%	17.98%	133.76%	-321.13%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Interest Expense	$2.501B	$1.855B	-$1.300B	-$1.064B	-$623.0M	-$431.0M	-$376.0M	-$70.00M	-$215.0M	-$266.0M	-$287.0M	-$370.0M	-$212.0M	$304.0M	$29.00M	$16.80M	$700.0K
YoY Change	34.82%	-242.69%	22.18%	70.79%	44.55%	14.63%	437.14%	-67.44%	-19.17%	-7.32%	-22.43%	74.53%	-169.74%	948.28%	72.62%	2300.0%
% of Operating Profit	36.85%	32.88%	-45.08%	-52.54%	-36.45%	-30.35%	-33.69%	-15.95%	-39.23%	-45.63%	-50.89%	-85.45%	-57.77%	193.63%
Other Income/Expense, Net	$141.0M	$92.00M	$1.749B	$234.0M	-$155.0M	-$157.0M	$7.000M	$174.0M	$54.00M	-$1.000M	-$35.00M	$8.000M	$10.00M	-$3.000M
YoY Change	53.26%	-94.74%	647.44%	-250.97%	-1.27%	-2342.86%	-95.98%	222.22%	-5500.0%	-97.14%	-537.5%	-20.0%	-433.33%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Pretax Income	$2.029B	$1.935B	$3.333B	$1.195B	$928.0M	$1.170B	$747.0M	$543.0M	$387.0M	$316.0M	$295.0M	$71.00M	$165.0M	$458.0M	-$42.00M	$16.80M	$700.0K
YoY Change	4.86%	-41.94%	178.91%	28.77%	-20.68%	56.63%	37.57%	40.31%	22.47%	7.12%	315.49%	-56.97%	-63.97%	-1190.48%	-350.0%	2300.0%
Income Tax	$581.0M	$560.0M	$614.0M	$291.0M	$278.0M	$364.0M	$173.0M	$15.00M	-$4.000M	$79.00M	$2.000M	-$30.00M	$14.00M	$27.00M	-$11.00M	$0.00	$0.00
% Of Pretax Income	28.63%	28.94%	18.42%	24.35%	29.96%	31.11%	23.16%	2.76%	-1.03%	25.0%	0.68%	-42.25%	8.48%	5.9%		0.0%	0.0%
Net Earnings	$1.448B	$1.375B	$864.0M	$339.0M	$211.0M	$329.0M	$124.0M	$373.0M	$235.0M	$145.0M	-$32.00M	$80.00M	$136.0M	$260.0M	$53.00M	$16.80M	$700.0K
YoY Change	5.31%	59.14%	154.87%	60.66%	-35.87%	165.32%	-66.76%	58.72%	62.07%	-553.13%	-140.0%	-41.18%	-47.69%	390.57%	215.48%	2300.0%
Net Earnings / Revenue	8.08%	9.53%	7.49%	3.82%	3.2%	7.07%	3.51%	17.64%	12.67%	7.54%	-1.75%	5.25%	12.2%	41.01%	18.28%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.19	$0.19	$1.941M	$1.150M	$738.8K	$1.188M	$468.6K	$1.524M	$983.7K	$643.3K	-$142.0K	$391.6K	$782.1K	$2.616M	$748.6K	$480.0K	$20.00K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$2.337B	$2.211B	$1.905B	$1.361B	$941.0M	$686.0M	$436.0M	$837.0M	$631.0M	$667.0M	$798.0M	$263.0M	$176.0M	$160.0M	$109.0M
YoY Change	5.7%	16.06%	39.97%	44.63%	37.17%	57.34%	-47.91%	32.65%	-5.4%	-16.42%	203.42%	49.43%	10.0%	46.79%
Cash & Equivalents	$440.0M	$454.0M	$505.0M	$222.0M	$128.0M	$96.00M	$83.00M	$50.00M	$89.00M	$67.00M	$0.00	$263.0M	$5.000M	$154.0M	$107.0M
Short-Term Investments	$696.0M	$1.073B	$655.0M	$619.0M	$346.0M	$296.0M	$95.00M	$135.0M	$432.0M	$478.0M	$260.0M	$0.00	$23.00M	$6.000M	$2.000M
Other Short-Term Assets	$1.396B	$1.602B	$668.0M	$598.0M	$2.856B	$344.0M	$187.0M	$226.0M	$609.0M	$604.0M	$135.0M	$111.0M	$36.00M	$1.888B	$2.000M
YoY Change	-12.86%	139.82%	11.71%	-79.06%	730.23%	83.96%	-17.26%	-62.89%	0.83%	347.41%	21.62%	208.33%	-98.09%	94300.0%
Inventory	$512.0M	$531.0M	$400.0M	$221.0M	$242.0M	$141.0M	$108.0M	$101.0M	$13.00M	$21.00M	$22.00M		$87.00M	$44.00M	$32.00M
Prepaid Expenses
Receivables	$3.666B	$2.313B	$1.876B	$1.463B	$1.741B	$1.044B	$738.0M	$395.0M	$300.0M	$268.0M	$313.0M	$372.0M	$179.0M	$158.0M	$52.00M
Other Receivables	$68.00M	$29.00M	$47.00M	$68.00M	$61.00M	$61.00M	$43.00M	$73.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$7.979B	$6.686B	$4.896B	$3.711B	$5.841B	$2.276B	$1.512B	$1.632B	$1.553B	$1.560B	$1.268B	$746.0M	$478.0M	$2.250B	$195.0M
YoY Change	19.34%	36.56%	31.93%	-36.47%	156.63%	50.53%	-7.35%	5.09%	-0.45%	23.03%	69.97%	56.07%	-78.76%	1053.85%
Property, Plant & Equipment	$52.88B	$37.99B	$39.31B	$32.10B	$23.43B	$13.00B	$10.13B	$8.810B	$7.785B	$8.246B	$7.927B	$11.18B	$7.157B	$5.884B	$3.783B
YoY Change	39.19%	-3.36%	22.45%	37.02%	80.17%	28.38%	14.97%	13.17%	-5.59%	4.02%	-29.1%	56.21%	21.63%	55.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$5.580B	$5.494B	$4.893B	$5.625B	$4.967B	$4.591B	$5.572B	$4.727B	$3.904B	$2.412B	$2.039B	$2.179B	$1.400B	$1.089B	$1.087B	$547.0M	$545.0M
YoY Change	1.57%	12.28%	-13.01%	13.25%	8.19%	-17.61%	17.88%	21.08%	61.86%	18.29%	-6.42%	55.64%	28.56%	0.18%	98.72%	0.37%
Other Assets	$1.102B	$1.098B	$904.0M	$746.0M	$1.020B	$1.031B	$807.0M	$912.0M	$788.0M	$618.0M	$394.0M	$1.116B	$719.0M	$635.0M	$84.00M
YoY Change	0.36%	21.46%	21.18%	-26.86%	-1.07%	27.76%	-11.51%	15.74%	27.51%	56.85%	-64.7%	55.22%	13.23%	655.95%
Total Long-Term Assets	$92.81B	$66.28B	$69.07B	$57.62B	$50.47B	$34.30B	$27.97B	$19.64B	$16.18B	$14.94B	$14.41B	$18.97B	$12.79B	$11.10B	$5.851B
YoY Change	40.01%	-4.03%	19.86%	14.17%	47.12%	22.67%	42.37%	21.39%	8.35%	3.61%	-24.02%	48.32%	15.21%	89.75%
Total Assets	$100.8B	$72.97B	$73.96B	$61.33B	$56.31B	$36.58B	$29.48B	$21.28B	$17.74B	$16.50B	$15.68B	$19.72B	$13.27B	$13.35B	$6.046B	$547.0M	$545.0M
YoY Change
Accounts Payable	$2.253B	$1.872B	$1.877B	$1.461B	$854.0M	$463.0M	$246.0M	$266.0M	$196.0M	$264.0M	$222.0M	$582.0M	$166.0M	$161.0M	$93.00M
YoY Change	20.35%	-0.27%	28.47%	71.08%	84.45%	88.21%	-7.52%	35.71%	-25.76%	18.92%	-61.86%	250.6%	3.11%	73.12%
Accrued Expenses	$1.975B	$1.488B	$1.227B	$1.044B	$838.0M	$585.0M	$400.0M	$274.0M	$149.0M	$149.0M	$188.0M		$181.0M	$85.00M	$9.000M
YoY Change	32.73%	21.27%	17.53%	24.58%	43.25%	46.25%	45.99%	83.89%	0.0%	-20.74%			112.94%	844.44%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$464.0M	$431.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%	7.66%
Long-Term Debt Due	$6.484B	$2.951B	$3.117B	$1.757B	$1.578B	$985.0M	$463.0M	$574.0M	$302.0M	$41.00M	$71.00M	$663.0M	$145.0M	$615.0M	$0.00
YoY Change	119.72%	-5.33%	77.4%	11.34%	60.2%	112.74%	-19.34%	90.07%	636.59%	-42.25%	-89.29%	357.24%	-76.42%
Total Short-Term Liabilities	$11.71B	$8.377B	$8.661B	$5.524B	$5.439B	$2.417B	$1.564B	$1.515B	$1.210B	$821.0M	$598.0M	$1.291B	$526.0M	$2.768B	$102.0M
YoY Change	39.73%	-3.28%	56.79%	1.56%	125.03%	54.54%	3.23%	25.21%	47.38%	37.29%	-53.68%	145.44%	-81.0%	2613.73%
Long-Term Debt	$43.11B	$30.26B	$29.56B	$25.24B	$21.26B	$14.14B	$9.721B	$7.772B	$6.950B	$6.788B	$6.116B	$8.115B	$4.760B	$3.980B	$2.005B	$0.00	$0.00
YoY Change	42.47%	2.35%	17.11%	18.72%	50.37%	45.47%	25.08%	11.83%	2.39%	10.99%	-24.63%	70.48%	19.6%	98.5%
Other Long-Term Liabilities	$4.050B	$2.804B	$3.334B	$4.278B	$2.808B	$1.933B	$1.869B	$732.0M	$1.024B	$1.123B	$1.068B		$534.0M	$376.0M	$100.0M
YoY Change	44.44%	-15.9%	-22.07%	52.35%	45.27%	3.42%	155.33%	-28.52%	-8.82%	5.15%			42.02%	276.0%
Total Long-Term Liabilities	$47.16B	$33.06B	$32.90B	$29.52B	$24.07B	$16.07B	$11.59B	$8.504B	$7.974B	$7.911B	$7.184B	$8.115B	$5.294B	$4.356B	$2.105B	$0.00	$0.00
YoY Change	42.64%	0.5%	11.44%	22.64%	49.76%	38.69%	36.29%	6.65%	0.8%	10.12%	-11.47%	53.29%	21.53%	106.94%
Total Liabilities	$92.69B	$65.07B	$65.72B	$55.31B	$50.30B	$31.11B	$23.89B	$16.26B	$13.69B	$12.94B	$11.90B	$16.06B	$10.20B	$9.981B	$4.169B
YoY Change	42.45%	-0.99%	18.82%	9.96%	61.69%	30.22%	46.91%	18.83%	5.77%	8.69%	-25.87%	57.5%	2.15%	139.41%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $15.992 Billion

About Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure Partners LP operates as an infrastructure company, which engages in the management of diversified portfolio of infrastructure assets that will generate sustainable and growing distributions over the long-term for unit holders. The firm owns and operates in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. The Company’s segments include Utilities, Transport, Midstream, Data and Corporate. The Utilities segment consists of regulated transmission (natural gas and electricity) and commercial and residential distribution (electricity, natural gas, and water connections) operations. The Transport segment comprises infrastructure assets that provide transportation, storage and handling services for merchandise goods, commodities, and passengers. The Midstream segment comprises systems that provide natural gas transmission, gathering and processing, and storage services. The Data segment comprises critical infrastructure servicing customers in the telecommunications, fiber, and data storage sectors. The company is also a data center provider.

Industry: Water Transportation Peers: