Brookfield Infrastructure Partners (BIP)
NYSE:BIP
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Brookfield Infrastructure
(NYSE:BIP)
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Rating:59Neutral
Price Target:
$38.00
▲(4.91% Upside)
Action:ReiteratedDate:02/02/26
The score is held back mainly by very high leverage and uneven free cash flow despite strong top-line growth and healthy operating profitability. Technicals are supportive with the stock trading above key moving averages, while valuation is mixed: a strong dividend yield is offset by a high P/E.
Positive Factors
Robust revenue growth
Sustained revenue expansion across 2020–2025 reflects successful asset acquisition and commercial execution across utilities, transport, energy and communications. Durable top-line growth increases scale, supports long-term contract leverage and underpins future FFO recovery and reinvestment capacity.
Negative Factors
Very high leverage
A materially heavier debt load versus flat equity leaves the capital structure highly sensitive to refinancing and interest-rate moves. Elevated leverage constrains financial flexibility, raises funding costs and increases downside risk to distributions and capital programs if cash flow deteriorates.
Read all positive and negative factors
Positive Factors
Negative Factors
Robust revenue growth
Sustained revenue expansion across 2020–2025 reflects successful asset acquisition and commercial execution across utilities, transport, energy and communications. Durable top-line growth increases scale, supports long-term contract leverage and underpins future FFO recovery and reinvestment capacity.
Read all positive factors
Brookfield Infrastructure (BIP) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$16.73B
Dividend Yield4.92%
Average Volume (3M)1.06M
Price to Earnings (P/E)35.6
Beta (1Y)0.78
Revenue Growth8.14%
EPS GrowthN/A
CountryUS
Employees52,000
SectorUtilities
Sector Strength65
IndustryDiversified Utilities
Share Statistics
EPS (TTM)0.45
Shares Outstanding462,022,430
10 Day Avg. Volume895,010
30 Day Avg. Volume1,059,093
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)2.85
Price to Sales (P/S)0.69
P/FCF Ratio59.64
Enterprise Value/Market Cap4.65
Enterprise Value/Revenue3.37
Enterprise Value/Gross Profit12.50
Enterprise Value/Ebitda7.07
Forecast
1Y Price Target
$45.00Price Target Upside24.24% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)1.21
Revenue Forecast (FY)$9.03B
Brookfield Infrastructure Business Overview & Revenue Model
Company Description
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) ...
How the Company Makes Money
Brookfield Infrastructure generates revenue primarily through the ownership and operation of its infrastructure assets. The company earns income from long-term contracts and regulated revenue models that provide stable cash flows. Key revenue stre...
Brookfield Infrastructure Key Performance Indicators (KPIs)
Any
Funds from Operations by Segment
Shows the cash flow generated by each segment, providing insight into the company's capacity to support operations, pay dividends, and invest in future growth.
Shows the cash flow generated by each segment, providing insight into the company's capacity to support operations, pay dividends, and invest in future growth.
Data provided by:
The Fly
The FlyBrookfield Infrastructure Earnings Call Summary
Earnings Call Date:Nov 06, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Apr 29, 2026
Earnings Call Sentiment Positive
The earnings call presented a generally positive outlook with strong financial performance and strategic achievements, particularly in the Transport and Data segments. However, challenges in the Midstream segment and foreign exchange impacts were noted as areas of concern.Positive Updates
Strong Financial Performance
Brookfield Infrastructure reported a 7% increase in funds from operations (FFO) to $599 million for Q3 2024, driven by new investments and organic growth.
Negative Updates
Midstream Segment Decline
The Midstream segment saw a decrease in FFO to $147 million from $163 million due to capital recycling activities and higher interest costs.
Read all updates
Q3-2024 Updates
Positive
Negative
Strong Financial Performance
Brookfield Infrastructure reported a 7% increase in funds from operations (FFO) to $599 million for Q3 2024, driven by new investments and organic growth.
Read all positive updates
Company Guidance
In the third quarter of 2024, Brookfield Infrastructure Partners reported funds from operations (FFO) of $599 million, marking a 7% increase from the previous year, bolstered by new investments and organic growth. The Utilities segment achieved an FFO of $188 million, driven by inflation indexation and a $450 million capital commissioning. The Transport segment saw a significant 50% FFO increase to $308 million, owing to strategic acquisitions and strong volume growth. Meanwhile, the Midstream segment's FFO decreased to $147 million due to past capital recycling and higher interest costs, yet the underlying business remained robust. The Data segment excelled with a 29% FFO increase, reaching $85 million, supported by new investments like the acquisition of retail colocation data centers. The company also reinforced its capital strategy by completing $3 billion in nonrecourse financings, enhancing liquidity to $4.6 billion, and maintaining a strong balance sheet with no corporate debt maturities until 2027.Brookfield Infrastructure Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
32
Negative
Cash Flow
44
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 23.10B | 21.04B | 17.93B | 14.43B | 11.54B |
| Gross Profit | 6.22B | 5.36B | 4.46B | 3.92B | 3.29B |
| EBITDA | 11.01B | 8.64B | 7.02B | 5.69B | 6.61B |
| Net Income | 449.00M | 351.00M | 367.00M | 341.00M | 766.00M |
Balance Sheet | |||||
| Total Assets | 128.15B | 104.59B | 100.78B | 72.97B | 73.96B |
| Cash, Cash Equivalents and Short-Term Investments | 3.20B | 2.43B | 2.44B | 2.27B | 1.81B |
| Total Debt | 64.50B | 56.35B | 49.57B | 33.83B | 33.12B |
| Total Liabilities | 92.61B | 74.74B | 66.77B | 47.41B | 47.57B |
| Stockholders Equity | 5.62B | 5.62B | 6.24B | 6.29B | 6.84B |
Cash Flow | |||||
| Free Cash Flow | 268.00M | -322.00M | 1.59B | 356.00M | 705.00M |
| Operating Cash Flow | 5.97B | 4.65B | 4.08B | 3.13B | 2.77B |
| Investing Cash Flow | -12.66B | -6.90B | -12.99B | -3.37B | -1.17B |
| Financing Cash Flow | 7.82B | 2.61B | 9.42B | 56.00M | -995.00M |
Brookfield Infrastructure Technical Analysis
Positive
36.22
Price Trends
37.12
Negative
35.79
Positive
33.62
Positive
Market Momentum
-0.40
Negative
46.89
Neutral
69.37
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BIP, the sentiment is Positive. The current price of 36.22 is below the 20-day moving average (MA) of 36.51, below the 50-day MA of 37.12, and above the 200-day MA of 33.62, indicating a neutral trend. The MACD of -0.40 indicates Negative momentum. The RSI at 46.89 is Neutral, neither overbought nor oversold. The STOCH value of 69.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BIP.
Brookfield Infrastructure Risk Analysis
Brookfield Infrastructure disclosed 88 risk factors in its most recent earnings report. Brookfield Infrastructure reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Brookfield Infrastructure Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $9.14B | 3.67 | 8.00% | 5.43% | 1.96% | -35.00% | |
69 Neutral | $7.96B | 6.53 | 17.23% | 12.98% | -0.38% | -53.94% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
64 Neutral | $64.03B | 31.37 | 5.82% | 2.91% | 9.07% | -28.58% | |
59 Neutral | $16.73B | 35.60 | 9.74% | 4.92% | 8.14% | ― | |
55 Neutral | $10.21B | 10.76 | 20.40% | 5.06% | -1.55% | 12.83% |
* Utilities Sector Average
BIP
Brookfield Infrastructure
36.22
10.55
41.09%
CIG
Companhia Energetica Minas Gerais
2.47
1.05
74.07%
SRE
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98.01
36.12
58.36%
AES
AES
14.33
4.65
48.10%
ELPC
Companhia Paranaense de Energia Sponsored ADR
12.34
6.61
115.43%
Brookfield Infrastructure Corporate Events
Brookfield Infrastructure Renews Issuer Bids to Enhance Market Position
Nov 28, 2025
On November 28, 2025, Brookfield Infrastructure announced the renewal of its normal course issuer bids for its limited partnership units and preferred units, as well as for the exchangeable subordinate voting shares of Brookfield Infrastructure Co...
Brookfield Infrastructure to Redeem Series 3 Preferred Units by Year-End
Nov 26, 2025
On November 26, 2025, Brookfield Infrastructure Partners L.P. announced its intention to redeem all outstanding Cumulative Class A Preferred Limited Partnership Units, Series 3, for cash on December 31, 2025, at a redemption price of C$25.00 per u...
Brookfield Infrastructure Reports Strong Q3 2025 Financial Growth
Nov 14, 2025
Brookfield Infrastructure Partners L.P. released its interim report for the third quarter of 2025, highlighting significant financial growth. As of September 30, 2025, the company reported total assets of $124.3 billion, an increase from $104.6 bi...
Brookfield Infrastructure Achieves Strong Q3 2025 Results and Strategic Growth
Nov 7, 2025
Brookfield Infrastructure reported strong financial results for the third quarter of 2025, with a 9% increase in funds from operations (FFO) per unit and net income of $440 million. The company achieved significant asset sales, generating over $3 ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.