InsiderClue
Stocks · Industrials · Water Transportation

Brookfield Infrastructure Partners L.P.

BIP Clue Score64
Bermuda Fiscal year ends December CIK 0001406234
$37.10 +0.57% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $37.10 −33.61% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue2.12Operating income0.44Net income0.53Fiscal year 2017Revenue3.54 +67.1%Operating income1.12Net income0.57 +8.7%Fiscal year 2018Revenue4.65 +31.6%Operating income1.42Net income0.81 +40.4%Fiscal year 2019Revenue6.60 +41.8%Operating income1.71Net income0.65 −19.4%EPS, diluted0.06Fiscal year 2020Revenue8.89 +34.7%Operating income2.03Net income0.90 +39.1%EPS, diluted0.23 +283.3%Fiscal year 2021Revenue11.54 +29.8%Operating income2.88Net income2.72 +200.8%EPS, diluted1.16 +404.3%Fiscal year 2022Revenue14.43 +25.0%Operating income3.48Net income1.38 −49.4%EPS, diluted0.14 −87.9%Fiscal year 2023Revenue17.93 +24.3%Operating income4.05Net income1.45 +5.3%EPS, diluted0.14 +0.0%Fiscal year 2024Revenue21.04 +17.3%Operating income4.96Net income1.68 +16.2%EPS, diluted0.04 −71.4%Fiscal year 2025Revenue23.10 +9.8%Operating income5.80Net income2.53 +50.4%EPS, diluted0.90 +2,150.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 2.12 3.54 4.65 6.60 8.89 11.54 14.43 17.93 21.04 23.10
Growth +67.1% +31.6% +41.8% +34.7% +29.8% +25.0% +24.3% +17.3% +9.8%
Operating income 0.44 1.12 1.42 1.71 2.03 2.88 3.48 4.05 4.96 5.80
Net income 0.53 0.57 0.81 0.65 0.90 2.72 1.38 1.45 1.68 2.53
Growth +8.7% +40.4% −19.4% +39.1% +200.8% −49.4% +5.3% +16.2% +50.4%
EPS, diluted n/a n/a n/a 0.06 0.23 1.16 0.14 0.14 0.04 0.90
Growth +283.3% +404.3% −87.9% +0.0% −71.4% +2,150.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin20.8%Net margin25.0%Free cash flow margin3.0%Fiscal year 2017Operating margin31.6%Net margin16.2%Free cash flow margin21.7%Fiscal year 2018Operating margin30.5%Net margin17.3%Free cash flow margin11.2%Fiscal year 2019Operating margin25.9%Net margin9.9%Free cash flow margin14.6%Fiscal year 2020Operating margin22.8%Net margin10.2%Free cash flow margin11.9%Fiscal year 2021Operating margin25.0%Net margin23.6%Free cash flow margin6.1%Fiscal year 2022Operating margin24.1%Net margin9.5%Free cash flow margin2.5%Fiscal year 2023Operating margin22.6%Net margin8.1%Free cash flow margin8.9%Fiscal year 2024Operating margin23.6%Net margin8.0%Free cash flow margin−1.5%Fiscal year 2025Operating margin25.1%Net margin11.0%Free cash flow margin−0.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 20.8% 31.6% 30.5% 25.9% 22.8% 25.0% 24.1% 22.6% 23.6% 25.1%
Net margin 25.0% 16.2% 17.3% 9.9% 10.2% 23.6% 9.5% 8.1% 8.0% 11.0%
Free cash flow margin 3.0% 21.7% 11.2% 14.6% 11.9% 6.1% 2.5% 8.9% −1.5% −0.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.75Capital expenditure−0.69Free cash flow0.06Buybacks−0.01Dividends paid−0.62Fiscal year 2017Operating cash flow1.48Capital expenditure−0.71Free cash flow0.77 +1,117.5%Buybacks0.00Dividends paid−0.76Fiscal year 2018Operating cash flow1.36Capital expenditure−0.84Free cash flow0.52 −31.8%Buybacks−0.03Dividends paid−0.88Fiscal year 2019Operating cash flow2.14Capital expenditure−1.18Free cash flow0.96 +83.7%Dividends paid−0.98Fiscal year 2020Operating cash flow2.53Capital expenditure−1.47Free cash flow1.06 +10.1%Dividends paid−1.08Fiscal year 2021Operating cash flow2.77Capital expenditure−2.07Free cash flow0.71 −33.4%Dividends paid−1.19Fiscal year 2022Operating cash flow3.13Capital expenditure−2.78Free cash flow0.36 −49.5%Dividends paid−1.35Fiscal year 2023Operating cash flow4.08Capital expenditure−2.49Free cash flow1.59 +346.9%Dividends paid−1.45Fiscal year 2024Operating cash flow4.65Capital expenditure−4.98Free cash flow−0.32 −120.2%Dividends paid−1.58Fiscal year 2025Operating cash flow5.97Capital expenditure−6.02Free cash flow−0.05Dividends paid−1.68
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.75 1.48 1.36 2.14 2.53 2.77 3.13 4.08 4.65 5.97
Capital expenditure −0.69 −0.71 −0.84 −1.18 −1.47 −2.07 −2.78 −2.49 −4.98 −6.02
Free cash flow 0.06 0.77 0.52 0.96 1.06 0.71 0.36 1.59 −0.32 −0.05
Growth +1,117.5% −31.8% +83.7% +10.1% −33.4% −49.5% +346.9% −120.2%
Buybacks −0.01 0.00 −0.03 n/a n/a n/a n/a n/a n/a n/a
Dividends paid −0.62 −0.76 −0.88 −0.98 −1.08 −1.19 −1.35 −1.45 −1.58 −1.68

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.79Shareholders’ equity9.64Fiscal year 2017Cash0.37Shareholders’ equity13.47Fiscal year 2018Cash0.54Shareholders’ equity14.67Fiscal year 2019Cash0.83Shareholders’ equity22.18Fiscal year 2020Cash0.87Total debt0.00Net cash (debt)0.87Shareholders’ equity21.67Debt to equity0.00Fiscal year 2021Cash1.41Total debt0.43Net cash (debt)0.98Shareholders’ equity26.39Debt to equity0.02Fiscal year 2022Cash1.28Total debt0.46Net cash (debt)0.82Shareholders’ equity25.55Debt to equity0.02Fiscal year 2023Cash1.86Total debt1.52Net cash (debt)0.34Shareholders’ equity34.02Debt to equity0.04Fiscal year 2024Cash2.07Total debt0.85Net cash (debt)1.22Shareholders’ equity29.85Debt to equity0.03Fiscal year 2025Cash3.20Shareholders’ equity35.54
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.79 0.37 0.54 0.83 0.87 1.41 1.28 1.86 2.07 3.20
Total debt n/a n/a n/a n/a 0.00 0.43 0.46 1.52 0.85 n/a
Net cash (debt) n/a n/a n/a n/a 0.87 0.98 0.82 0.34 1.22 n/a
Shareholders’ equity 9.64 13.47 14.67 22.18 21.67 26.39 25.55 34.02 29.85 35.54
Debt to equity n/a n/a n/a n/a 0.00 0.02 0.02 0.04 0.03 n/a

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
0.79 0.37 0.54 0.83 0.87 1.41 1.28 1.86 2.07 3.20
0.50 0.84 1.17 1.96 1.93 2.20 2.63 4.68 4.46 5.34
0.10 0.11 0.14 0.24 0.22 0.40 0.53 0.51 0.45 0.58
8.66 9.94 12.81 23.01 31.58 38.66 37.29 48.55 50.85 n/a
0.50 1.30 3.86 6.55 6.63 8.98 8.79 14.49 14.10 19.21
21.28 29.48 36.58 56.31 61.33 73.96 72.97 100.78 104.59 128.15
Growth +38.6% +24.1% +53.9% +8.9% +20.6% −1.3% +38.1% +3.8% +22.5%
Liabilities
n/a n/a n/a n/a 0.00 0.43 0.46 1.52 0.85 n/a
calc n/a n/a n/a n/a 0.00 0.43 0.46 1.52 0.85 n/a
11.63 16.00 21.91 34.13 39.66 47.57 47.42 66.77 74.74 92.61
Equity
−0.70 −1.37 −1.23 −2.05 −2.75 −2.52 −3.42 −4.42 −5.67 −6.09
9.64 13.47 14.67 22.18 21.67 26.39 25.55 34.02 29.85 35.54
Growth +39.7% +8.9% +51.2% −2.3% +21.8% −3.2% +33.1% −12.2% +19.1%
Per share and net cash
calc n/a n/a n/a n/a 0.87 0.98 0.82 0.34 1.22 n/a
n/a 276.6 277.3 293.5 295.4 n/a n/a n/a n/a n/a
calc n/a 48.72 52.89 75.55 73.36 n/a n/a n/a n/a n/a

Lines marked calc are worked out here from filed figures; point at one for how.