Brookfield Infrastructure (BIP) AI Stock Analysis

• Market Cap: $17.68B
• Dividend Yield: 4.92%
• Average Volume (3M): 647.27K
• Price to Earnings (P/E): 39.2
• Beta (1Y): 0.71
• Revenue Growth: 8.14%
• EPS Growth: N/A
• Country: US
• Employees: 52,000
• Sector: Utilities
• Sector Strength: 65
• Industry: Diversified Utilities
• EPS (TTM): 0.45
• Shares Outstanding: 462,022,430
• 10 Day Avg. Volume: 733,900
• 30 Day Avg. Volume: 647,274
• PEG Ratio: 0.05
• Price to Book (P/B): 2.85
• Price to Sales (P/S): 0.69
• P/FCF Ratio: 59.64
• Enterprise Value/Market Cap: 4.48
• Enterprise Value/Revenue: 3.43
• Enterprise Value/Gross Profit: 12.72
• Enterprise Value/Ebitda: 7.19
• 1Y Price Target: $45.00
• Price Target Upside: 16.79% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): 1.46
• Revenue Forecast (FY): $9.02B

• Rating: 59 Neutral
• Price Target: $38.00 ▼(-1.38% Downside)
• Action: Reiterated Date: 02/02/26
• Date: Action: Reiterated 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.

Strong operating margins

High EBITDA margins for an infrastructure/utility-style business indicate resilient cash generation from regulated and contract-backed assets. Margin durability supports operational cash flow even through cycles, enabling maintenance capex, debt servicing and funding for selective growth over the medium term.

Effective capital recycling/self-funding

Achieving capital recycling targets and funding new investments internally reduces reliance on external financing, mitigates dilution, and accelerates portfolio refresh. This self-funding dynamic supports scalable growth, quicker redeployment into higher-return projects (e.g., AI infra) over the coming years.

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.

Inconsistent free cash flow

Volatile free cash flow—despite higher operating cash—signals heavy capex, asset investments or timing mismatches that absorb cash. This undermines the company’s ability to consistently fund dividends, buybacks or debt paydowns and raises execution risk during growth cycles or rate shocks.

Thin, volatile net income

Low net margins despite strong revenues point to heavy depreciation, interest expense or below-the-line items that erode earnings. Persistently thin net income limits retained earnings and ROE, reducing the buffer to absorb shocks and making long-term returns more dependent on capital recycling and leverage management.

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) 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.

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 streams include fees from utility services, tolls from transportation assets, and capacity payments from energy generation facilities. Additionally, the company often engages in partnerships and joint ventures, which allow it to expand its asset base and leverage local expertise. Factors contributing to its earnings include the increasing demand for infrastructure services, inflation-linked pricing mechanisms, and the potential for growth through the acquisition of new assets and optimization of existing operations.

Brookfield Infrastructure Financial Statement Overview

Summary

Strong revenue expansion and solid EBITDA margins support operational strength, reinforced by KPI momentum in Data Infrastructure and parts of Transport. Offsetting this, the balance sheet is highly leveraged (debt rising sharply while equity stays flat), and free cash flow has been inconsistent and recently weak, reducing financial flexibility.

Income Statement

Revenue has grown steadily from 2020 to 2025 (about $8.9B to $23.1B), with 2025 showing a re-acceleration in growth. Operating profitability looks solid for a utility-style infrastructure business, with strong EBITDA margins in the low-to-mid 40% range in recent years. The key weakness is that bottom-line profitability is thin and volatile: net income remains small relative to sales (around ~2% in 2024–2025) and has fallen sharply from the unusually strong 2021–2022 levels, suggesting higher depreciation, interest burden, or other below-the-line pressures.

Balance Sheet

Leverage is the main concern. Total debt has risen materially (about $27.2B in 2020 to ~$64.5B in 2025) while equity has stayed roughly flat, pushing debt relative to equity to very high levels (above 10x in 2024–2025 versus ~1x in 2020–2021). Asset growth is strong, but the capital structure implies elevated refinancing/interest-rate sensitivity. Returns on equity are modest (roughly mid-single digits to ~8% recently), which is not strong enough to fully offset the risk profile created by the high leverage.

Cash Flow

Operating cash flow is improving (about $2.5B in 2020 to ~$6.0B in 2025), indicating the underlying assets are generating cash. However, free cash flow is inconsistent and recently weak: it swung from positive in 2023 to negative in 2024, then barely positive in 2025, with a sharp decline in 2025 versus the prior year. This suggests heavy capital spending and/or other cash demands are absorbing most operating cash, reducing financial flexibility despite revenue growth.

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

• Technical Analysis Sentiment: Positive
• Last Price: 38.53
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: 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 38.53 is above the 20-day moving average (MA) of 37.31, above the 50-day MA of 35.66, and above the 200-day MA of 33.11, indicating a bullish trend. The MACD of 0.94 indicates Negative momentum. The RSI at 66.85 is Neutral, neither overbought nor oversold. The STOCH value of 44.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BIP.

Brookfield Infrastructure Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CIG	70 Outperform	$7.06B	8.98	13.35%	12.98%	-0.38%	-53.94%
ELPC	67 Neutral	$8.03B	20.78	8.00%	5.43%	1.96%	-35.00%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
SRE	65 Neutral	$59.87B	28.24	7.10%	2.91%	9.07%	-28.58%
AES	65 Neutral	$11.60B	9.92	23.02%	5.06%	-1.55%	12.83%
BIP	59 Neutral	$17.68B	39.22	7.99%	4.92%	8.14%	―

Brookfield Infrastructure Corporate Events

Brookfield Infrastructure Renews Issuer Bids to Enhance Market Position

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 Corporation. The renewal, accepted by the Toronto Stock Exchange, allows for the repurchase of up to 5% of the issued and outstanding LP Units and up to 10% of the public float of the Exchangeable Shares, providing flexibility to purchase these securities if they are undervalued. The repurchases are set to begin on December 2, 2025, and will end on December 1, 2026, or earlier if completed sooner, potentially impacting the company’s market positioning and value perception.

The most recent analyst rating on (BIP) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Brookfield Infrastructure stock, see the BIP Stock Forecast page.

Brookfield Infrastructure to Redeem Series 3 Preferred Units by Year-End

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 unit. Holders of these units as of November 28, 2025, will receive a final quarterly distribution of C$0.34375 per unit, payable on December 31, 2025. This strategic move may impact the company’s financial structure and investor relations, as it involves a significant cash outflow and could affect the company’s capital allocation and future investment strategies.

The most recent analyst rating on (BIP) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Brookfield Infrastructure stock, see the BIP Stock Forecast page.

Brookfield Infrastructure Reports Strong Q3 2025 Financial Growth

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 billion at the end of 2024, indicating strong operational performance and strategic asset management.

The most recent analyst rating on (BIP) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Brookfield Infrastructure stock, see the BIP Stock Forecast page.

Brookfield Infrastructure Achieves Strong Q3 2025 Results and Strategic Growth

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 billion in proceeds, and made strategic investments, including a project with Bloom Energy and acquisitions in Asia-Pacific. These activities position Brookfield Infrastructure for continued growth, supported by its capital recycling strategy and expansion into AI infrastructure.

The most recent analyst rating on (BIP) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on Brookfield Infrastructure stock, see the BIP Stock Forecast page.