Brookfield Infrastructure (BIPC) AI Stock Analysis

• Market Cap: C$8.60B
• Dividend Yield: 4.56%
• Average Volume (3M): 123.03K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.04
• Revenue Growth: 3.29%
• EPS Growth: 76.89%
• Country: CA
• Employees: 1,300
• Sector: Utilities
• Sector Strength: 65
• Industry: Regulated Gas
• EPS (TTM): 0.85
• Shares Outstanding: 119,018,290
• 10 Day Avg. Volume: 170,331
• 30 Day Avg. Volume: 123,025
• PEG Ratio: 0.43
• Price to Book (P/B): -4.17
• Price to Sales (P/S): 1.45
• P/FCF Ratio: 24.70
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$77.66
• Price Target Upside: 19.26% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: C$68.00 ▲(4.42% Upside)

The score is held back mainly by financial risk: elevated leverage with persistently negative equity and volatile, recently negative net income. Technicals are a meaningful offset, showing a clear uptrend and positive momentum, while valuation is mixed—supported by a solid dividend yield but undermined by loss-driven negative P/E.

Positive Factors

Revenue Growth

The positive revenue growth indicates an expanding market presence and effective asset management, supporting long-term business sustainability.

Cash Flow Growth

Strong free cash flow growth enhances financial flexibility, allowing for reinvestment in core operations and potential debt reduction.

Operational Efficiency

High operational efficiency, as evidenced by a strong EBIT margin, suggests effective cost management and a competitive business model.

Negative Factors

High Leverage

High leverage poses financial risk, potentially limiting the company's ability to invest in growth opportunities and manage economic downturns.

Negative Net Margins

Negative net margins indicate profitability challenges, which could hinder long-term financial health and shareholder returns.

Potential Solvency Issues

Potential solvency issues could impact the company's ability to meet long-term obligations, affecting its operational stability and creditworthiness.

Brookfield Infrastructure Business Overview & Revenue Model

Company Description

Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia. It operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; 3.9 million gas and electricity connections; and 61,000 kilometers of operational electricity transmission and distribution lines in Australia. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Infrastructure Corporation is a subsidiary of Brookfield Infrastructure Partners L.P.

How the Company Makes Money

Brookfield Infrastructure generates revenue primarily through the ownership and operation of its infrastructure assets. Key revenue streams include regulated utility operations, which provide stable and predictable cash flows through customer tariffs; transportation assets, such as toll roads and railroads, which earn fees from users; and energy assets, including renewable power generation, which benefit from long-term power purchase agreements. The company also earns revenue from its communications infrastructure, such as data centers and cell towers, through leasing agreements. Additionally, Brookfield Infrastructure might partner with local governments or other entities to enhance infrastructure capabilities, further strengthening its revenue base while contributing to community development.

Brookfield Infrastructure Financial Statement Overview

Summary

Strong revenue growth and solid operating profitability with consistently positive operating cash flow and generally positive free cash flow. Offsetting this, net income has been volatile and recently negative, and the balance sheet is high-risk with elevated/rising debt and persistently negative common equity.

Income Statement

Revenue has grown strongly over the period (from ~$1.4B in 2020 to ~$3.7B in 2025), with consistently high gross profit and EBIT/EBITDA margins. However, bottom-line results are volatile and recently negative: net income swung from a very strong 2022 profit to losses in 2024 and 2025, leaving the latest net margin negative despite robust operating profitability. Overall, growth and operating margins are a clear strength, but earnings stability is a key weakness.

Balance Sheet

Leverage is elevated and has increased materially, with total debt rising sharply by 2025. A major concern is consistently negative common equity across all years provided, which weakens balance-sheet resilience and makes debt-to-equity less meaningful (and negative) while indicating a thin capital cushion. Total assets are sizable and relatively stable, but the combination of high debt and negative equity represents a significant financial risk.

Cash Flow

Operating cash flow is consistently positive and sizable (roughly $0.7B–$1.7B annually), supporting the business despite earnings volatility. Free cash flow is positive each year, but it is uneven: after a strong 2024, free cash flow fell sharply in 2025, signaling potential pressure from higher spending, working capital, or financing costs. Cash generation is a strength, but the recent free-cash-flow drop is a notable near-term weakness.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.73B	3.67B	2.50B	1.89B	1.64B
Gross Profit	2.37B	2.29B	1.73B	1.34B	1.12B
EBITDA	2.93B	2.28B	2.04B	2.53B	953.54M
Net Income	-245.22M	-608.00M	111.00M	1.62B	27.00M
Balance Sheet
Total Assets	23.98B	23.59B	23.91B	10.18B	10.09B
Cash, Cash Equivalents and Short-Term Investments	430.22M	742.00M	577.00M	445.00M	469.00M
Total Debt	18.36B	12.28B	12.05B	4.60B	3.69B
Total Liabilities	21.98B	21.36B	19.84B	10.54B	11.51B
Stockholders Equity	-1.30B	-1.25B	-399.00M	-1.12B	-2.13B
Cash Flow
Free Cash Flow	218.76M	655.00M	465.00M	372.00M	424.00M
Operating Cash Flow	1.64B	1.74B	1.06B	893.00M	839.00M
Investing Cash Flow	-1.73B	-1.11B	-3.17B	-1.05B	326.00M
Financing Cash Flow	-207.57M	-428.00M	2.18B	-4.00M	-868.00M

Brookfield Infrastructure Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 65.12
• 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 TSE:BIPC, the sentiment is Positive. The current price of 65.12 is above the 20-day moving average (MA) of 62.30, above the 50-day MA of 62.88, and above the 200-day MA of 57.56, indicating a bullish trend. The MACD of 0.41 indicates Negative momentum. The RSI at 62.45 is Neutral, neither overbought nor oversold. The STOCH value of 77.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BIPC.

Brookfield Infrastructure Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
H	73 Outperform	C$32.29B	24.75	10.58%	2.43%	5.98%	14.79%
EMA	69 Neutral	C$20.36B	18.28	8.83%	4.33%	14.10%	65.76%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
FTS	61 Neutral	C$36.69B	21.57	7.42%	3.50%	5.21%	4.27%
BIPC	59 Neutral	C$8.60B	-27.13	―	4.56%	3.29%	76.89%
BEP.UN	58 Neutral	$27.79B	-105.62	4.66%	5.56%	14.78%	-9.37%

Brookfield Infrastructure Corporate Events

Brookfield Infrastructure Boosts 2025 Earnings as Data and Capital Recycling Drive Growth

Brookfield Infrastructure reported a sharp rise in profitability for 2025, with net income attributable to the partnership climbing to $1.1 billion and funds from operations increasing 6% to $2.6 billion, or $3.32 per unit, driven by strong organic growth, inflation indexation and gains from an aggressive capital recycling program that exceeded its $3 billion target. Segment performance was broadly robust: utilities FFO rose 7% on new capital additions and a South Korean industrial gas acquisition, transport held steady after adjusting for $1.8 billion of asset sales, midstream FFO increased 7% on higher volumes and a U.S. refined products pipeline purchase, and data infrastructure delivered more than 50% FFO growth on new investments and significant capacity additions, expanding its development pipeline to 3.6 GW and underpinning management’s expectation that FFO will inflect higher in 2026 as recent investments and AI-focused infrastructure initiatives scale up.

The most recent analyst rating on (TSE:BIPC) stock is a Hold with a C$57.00 price target. To see the full list of analyst forecasts on Brookfield Infrastructure stock, see the TSE:BIPC Stock Forecast page.

Brookfield Infrastructure Launches $400 Million Equity Issuance Program

Brookfield Infrastructure Corporation has announced the initiation of an ‘at the market’ equity issuance program, allowing the company to sell up to $400 million of class A exchangeable subordinate voting shares. This program provides the company with the flexibility to issue shares directly into the market under favorable conditions, with proceeds intended for repurchasing partnership units and general corporate purposes. The program is designed to be non-dilutive, maintaining the overall number of shares and units stable, and is set to terminate by February 28, 2027, or upon the sale of all shares.

The most recent analyst rating on (TSE:BIPC) stock is a Hold with a C$57.00 price target. To see the full list of analyst forecasts on Brookfield Infrastructure stock, see the TSE:BIPC Stock Forecast page.