BIPH

MKT CAP:$6B

Brookfield Infrastructure Corpo

Market Cap

$6B

Financial Services·Financial - Conglomerates·🇺🇸 United States·NYSE

Financials·Financial·🇺🇸·NYSE

Stock Price

$16.54+$0.09 (+0.55%)

Apr 24, 2026

Company Details

Brookfield Infrastructure Finance Ulc operates as investment company. The company is headquartered in Toronto, Canada.

CEO

Sam Pollock

IPO Date

May 26, 2021

Website

bip.brookfield.com

Key Metrics TTM

Revenue

$21.2B

— YoY

Net Income

-$91M

EPS (Diluted)

-$0.28

Free Cash Flow

$269M

Revenue / Share

$46.02

Gross Margin

25.9%

Operating Margin

24.0%

Net Margin

-0.4%

FCF Margin

1.3%

P/S

0.3x

P/E

—

Earnings Reports

Q2 2025

Aug 6, 2025

$5.4B+5.7%EPS -$0.03

Q1 2025

May 9, 2025

$5.4BEPS $0.04

FY 2024

Mar 21, 2025

$21.0B+17.3%EPS $0.12

Q3 2024

Nov 12, 2024

$5.3BEPS -$0.18

Q2 2024

Aug 9, 2024

$5.1BEPS -$0.10

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 17	$984M	$585M	$389M
Q4 18	$1.4B	$699M	$413M
Q4 20	$2.5B	-$527M	$566M
Q2 24	$5.1B	$1.3B	$1.2B
Q3 24	$5.3B	$1.4B	$1.3B
Q1 25	$5.4B	$1.4B	$1.3B
Q2 25	$5.4B	$1.4B	$1.3B

Valuation

Quarter	P/S	P/E
Q4 17	—	—
Q4 18	—	—
Q4 20	—	—
Q2 24	0.6x	26.5x
Q3 24	0.4x	48.0x
Q1 25	0.3x	48.0x
Q2 25	0.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 17	$509M	$310M
Q4 18	$376M	$99M
Q4 20	$417M	-$55M
Q2 24	$1.1B	$66M
Q3 24	$1.2B	$36M
Q1 25	$868M	-$2M
Q2 25	$1.2B	$169M

Capital Expenditures

Quarter	CapEx
Q4 17	$199M
Q4 18	$277M
Q4 20	$472M
Q2 24	$991M
Q3 24	$1.2B
Q1 25	$870M
Q2 25	$1.0B

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 24	+435.6%	+573.9%
Q1 25	+277.6%	+300.1%
Q2 25	+114.2%	+108.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 17	$0	0.0%
Q4 18	$0	0.0%
Q4 20	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q4 17	$66M
Q4 18	$54M
Q4 20	$93M
Q2 24	$92M
Q3 24	$113M
Q1 25	$97M
Q2 25	$108M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 21	$1.8B	$985M	$2.8B
Q4 21	$1.4B	$556M	$2.0B
Q1 22	$2.0B	$714M	$2.7B
Q2 22	$1.3B	$870M	$2.2B
Q3 22	$1.1B	$1.1B	$2.1B
Q4 22	$1.3B	$1.1B	$2.4B
Q1 23	$1.5B	$1.1B	$2.6B
Q2 23	$1.4B	$966M	$2.3B
Q3 23	$1.3B	$943M	$2.3B
Q4 23	$1.9B	$801M	$2.7B
Q1 24	$1.6B	$1.1B	$2.7B
Q2 24	$1.3B	$915M	$2.2B
Q3 24	$1.6B	$561M	$2.2B
Q4 24	$2.1B	$0	$2.1B
Q1 25	$1.5B	$301M	$1.8B
Q2 25	$2.3B	$240M	$2.6B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 17	415M	—	—
Q4 18	416M	+0.4%	—
Q4 20	443M	+6.5%	—
Q2 24	462M	+4.2%	—
Q3 24	462M	+0.0%	+11.3%
Q1 25	462M	+0.0%	+11.0%
Q2 25	461M	-0.1%	+4.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 17	—	—
Q4 18	—	—
Q4 20	$1M	2K
Q2 24	$2M	3K
Q3 24	$2M	3K
Q1 25	$2M	3K
Q2 25	$2M	3K

Revenue / Employee