Financial Snapshot

Revenue
$3.639B
TTM
Gross Margin
79.08%
TTM
Net Earnings
-$685.0M
TTM
Current Assets
$2.900B
Q3 2024
Current Liabilities
$6.738B
Q3 2024
Current Ratio
43.04%
Q3 2024
Total Assets
$24.13B
Q3 2024
Total Liabilities
$24.90B
Q3 2024
Book Value
-$764.0M
Q3 2024
Cash
$245.0M
Q3 2024
P/E
-8.413
Nov 29, 2024 EST
Free Cash Flow
$724.0M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $2.503B $1.886B $1.643B $1.430B $1.619B $1.561B $1.323B $347.0M
YoY Change 32.71% 14.79% 14.9% -11.67% 3.72% 17.99% 281.27%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $2.503B $1.886B $1.643B $1.430B $1.619B $1.561B $1.323B $347.0M
Cost Of Revenue $778.0M $331.0M $290.0M $244.0M $244.0M $236.0M $195.0M $89.00M
Gross Profit $1.725B $1.555B $1.353B $1.186B $1.375B $1.325B $1.128B $258.0M
Gross Profit Margin 68.92% 82.45% 82.35% 82.94% 84.93% 84.88% 85.26% 74.35%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $67.00M $69.00M $49.00M $33.00M $30.00M $24.00M $25.00M $9.000M
YoY Change -2.9% 40.82% 48.48% 10.0% 25.0% -4.0% 177.78%
% of Gross Profit 3.88% 4.44% 3.62% 2.78% 2.18% 1.81% 2.22% 3.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $365.0M $211.0M $236.0M $283.0M $308.0M $319.0M $263.0M $104.0M
YoY Change 72.99% -10.59% -16.61% -8.12% -3.45% 21.29% 152.88%
% of Gross Profit 21.16% 13.57% 17.44% 23.86% 22.4% 24.08% 23.32% 40.31%
Operating Expenses $67.00M $69.00M $285.0M $316.0M $338.0M $343.0M $288.0M $113.0M
YoY Change -2.9% -75.79% -9.81% -6.51% -1.46% 19.1% 154.87%
Operating Profit $1.658B $1.486B $1.068B $870.0M $1.037B $982.0M $840.0M $145.0M
YoY Change 11.57% 39.14% 22.76% -16.1% 5.6% 16.9% 479.31%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense -$684.0M $544.0M -$752.0M -$275.0M -$151.0M -$131.0M -$74.00M -$79.00M
YoY Change -225.74% -172.34% 173.45% 82.12% 15.27% 77.03% -6.33%
% of Operating Profit -41.25% 36.61% -70.41% -31.61% -14.56% -13.34% -8.81% -54.48%
Other Income/Expense, Net -$73.00M $39.00M $116.0M -$558.0M -$44.00M -$36.00M -$13.00M -$9.000M
YoY Change -287.18% -66.38% -120.79% 1168.18% 22.22% 176.92% 44.44%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income $974.0M $1.881B $432.0M $37.00M $842.0M $815.0M $753.0M $57.00M
YoY Change -48.22% 335.42% 1067.57% -95.61% 3.31% 8.23% 1221.05%
Income Tax $368.0M $262.0M $405.0M $269.0M $272.0M $234.0M $176.0M $0.00
% Of Pretax Income 37.78% 13.93% 93.75% 727.03% 32.3% 28.71% 23.37% 0.0%
Net Earnings $111.0M $1.619B -$368.0M -$552.0M $197.0M $202.0M $207.0M $45.00M
YoY Change -93.14% -539.95% -33.33% -380.2% -2.48% -2.42% 360.0%
Net Earnings / Revenue 4.43% 85.84% -22.4% -38.6% 12.17% 12.94% 15.65% 12.97%
Basic Earnings Per Share
Diluted Earnings Per Share $0.84 $9.89 -$3.341M -$12.27M $4.255M $4.363M $4.471M $971.9K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $539.0M $502.0M $469.0M $192.0M $204.0M $99.00M
YoY Change 7.37% 7.04% 144.27% -5.88% 106.06%
Cash & Equivalents $539.0M $441.0M $426.0M $184.0M $198.0M $93.00M
Short-Term Investments $38.00M $57.00M
Other Short-Term Assets $51.00M $58.00M $46.00M $49.00M $34.00M $14.00M
YoY Change -12.07% 26.09% -6.12% 44.12% 142.86%
Inventory
Prepaid Expenses
Receivables $797.0M $441.0M $402.0M $345.0M $356.0M $328.0M
Other Receivables $1.379B $566.0M $1.093B $0.00 $0.00 $0.00
Total Short-Term Assets $1.827B $1.567B $2.010B $586.0M $594.0M $441.0M
YoY Change 16.59% -22.04% 243.0% -1.35% 34.69%
Property, Plant & Equipment $14.15B $4.718B $4.803B $5.111B $4.497B $3.677B
YoY Change 199.94% -1.77% -6.03% 13.65% 22.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $468.0M $30.00M $27.00M $29.00M $34.00M
YoY Change -100.0% 1460.0% 11.11% -6.9% -14.71%
Other Assets $2.506B $60.00M $67.00M $144.0M $51.00M $53.00M
YoY Change 4076.67% -10.45% -53.47% 182.35% -3.77%
Total Long-Term Assets $22.08B $8.611B $8.076B $8.758B $9.259B $8.799B
YoY Change 156.44% 6.62% -7.79% -5.41% 5.23%
Total Assets $23.91B $10.18B $10.09B $9.344B $9.853B $9.240B
YoY Change
Accounts Payable $1.099B $44.00M $39.00M $84.00M $90.00M $67.00M
YoY Change 2397.73% 12.82% -53.57% -6.67% 34.33%
Accrued Expenses $759.0M $562.0M $413.0M $265.0M $256.0M $164.0M
YoY Change 35.05% 36.08% 55.85% 3.52% 56.1%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $12.05B $354.0M $131.0M $11.00M
YoY Change 3305.08% 170.23% 1090.91%
Total Short-Term Liabilities $17.38B $4.633B $6.197B $2.760B $493.0M $354.0M
YoY Change 275.16% -25.24% 124.53% 459.84% 39.27%
Long-Term Debt $11.01B $4.249B $3.556B $4.609B $3.526B $3.246B
YoY Change 159.05% 19.49% -22.85% 30.71% 8.63%
Other Long-Term Liabilities $340.0M $119.0M $119.0M $1.104B $1.092B $1.061B
YoY Change 185.71% 0.0% -89.22% 1.1% 2.92%
Total Long-Term Liabilities $11.35B $4.368B $3.675B $5.713B $4.618B $4.307B
YoY Change 159.78% 18.86% -35.67% 23.71% 7.22%
Total Liabilities $24.31B $11.30B $12.21B $11.07B $8.199B $7.778B
YoY Change 115.17% -7.5% 10.37% 34.97% 5.41%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $5.7627 Billion

About Brookfield Infrastructure Corp

Brookfield Infrastructure Corp. engages in the ownership and operation of infrastructure assets through its subsidiaries. The company is headquartered in New York City, New York and currently employs 3,300 full-time employees. The company went IPO on 2020-03-19. The firm owns and operates assets in the utilities, transport, midstream and data sectors across North and South America, Asia Pacific, and Europe. The company owns interests in a regulated gas and electricity business in the United Kingdom, a regulated natural gas transmission business in Brazil and a global intermodal logistics operation. Its regulated gas transmission operation in Brazil operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais. Its regulated distribution operation is the independent last-mile, multi-utility connection provider, with approximately 4.5 million connections. The Company’s global intermodal logistics operation is the world’s largest lessor of intermodal containers with a fleet of over four million containers representing seven million twenty-foot equivalent units (TEUs).

Industry: Natural Gas Transmisison & Distribution Peers: ATMOS ENERGY CORP CHESAPEAKE UTILITIES CORP SPIRE INC NATIONAL FUEL GAS CO NEW JERSEY RESOURCES CORP ONE Gas, Inc. SOUTH JERSEY INDUSTRIES INC Southwest Gas Holdings, Inc. UGI CORP /PA/