Brookfield Infrastructure Corporation (BIPC) Stock Analysis
Utilities · Utilities - Regulated Gas · NYSE
Brookfield Infrastructure Corporation (BIPC) posted $3.67B in revenue for fiscal 2025 (up 0.1% year over year), with a net loss of $241.00M, and has compounded revenue about 24.8%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Brookfield Infrastructure Corporation
Brookfield Infrastructure Corporation has grown revenue from $1.89B to $3.67B over the last 4 fiscal years, compounding about 24.8% a year. The most recent year was up 0.1%, so growth has cooled from its longer-run pace.
Net margin sits at -6.6%, up 10 points year over year on a 63.6% gross margin. It carries about $13.27B of total debt.
At today's valuation the market is pricing in roughly -0.4% annual free-cash-flow growth. The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from Brookfield Infrastructure Corporation's SEC filings — descriptive, not advice. Ask the analyst your own question →
Brookfield Infrastructure Corporation revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $1.89B | $2.50B | $3.67B | $3.67B |
| Gross profit | $1.34B | $1.73B | $2.29B | $2.33B |
| Net income | $1.09B | $111.00M | $-608.00M | $-241.00M |
| Net margin | 58.0% | 4.4% | -16.6% | -6.6% |
Source: Brookfield Infrastructure Corporation SEC filings (10-K).
Brookfield Infrastructure Corporation: 4 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 20.8% while revenue rose 0.1% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
- Share count rising (dilution)Shares outstanding grew 8.5% over 3 years (110.6M → 120M) — existing holders' stakes are being diluted.
- Heavy debt loadTotal debt of $14583M is 9.1× last year's operating cash flow — it would take years of cash flow to clear.
- Currently unprofitableThe latest fiscal year was a net loss (net margin -6.6%).
What growth is priced into BIPC stock?
At today's market cap of $5.14B, Brookfield Infrastructure Corporation is priced for free-cash-flow growth of about -0.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $465.00M from the FY ending 2023-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of Brookfield Infrastructure Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Brookfield Infrastructure Corporation financial history by metric
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About Brookfield Infrastructure Corporation
Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates utility investments in Brazil, the United Kingdom, and internationally. It also engages in the regulated gas and electricity business; and operation of regulated natural gas transmission systems. The company operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais, Brazil; gas and electricity connections in the United Kingdom; and a global fleet of twenty-foot equivalent units intermodal containers under long-term contracts. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Infrastructure Corporation operates as a subsidiary of Brookfield Infrastructure Partners L.P.
Brookfield Infrastructure Corporation — frequently asked questions
What is Brookfield Infrastructure Corporation's revenue?
Brookfield Infrastructure Corporation (BIPC) reported revenue of $3.67B for fiscal year 2025, up 0.1% from the prior year, according to its SEC filings.
Is Brookfield Infrastructure Corporation profitable?
No — BIPC reported a net loss of $-241.00M in fiscal 2025.
What is BIPC's P/E ratio?
Brookfield Infrastructure Corporation trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Brookfield Infrastructure Corporation growing?
BIPC's revenue grew at roughly 24.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Brookfield Infrastructure Corporation have?
As of fiscal year 2025, BIPC carried roughly $13.27B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Brookfield Infrastructure Corporation's gross margin?
BIPC's gross margin was 63.6% in fiscal 2025 — gross profit of $2.33B on revenue of $3.67B.
What is Brookfield Infrastructure Corporation's market cap?
Brookfield Infrastructure Corporation (BIPC) has a market capitalization of about $5.14B, based on the latest data in our nightly-refreshed cache.
When does Brookfield Infrastructure Corporation's fiscal year end?
BIPC's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into BIPC stock?
At today's market cap of $5.14B, Brookfield Infrastructure Corporation is priced for free-cash-flow growth of about -0.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $465.00M from the FY ending 2023-12-31).
Where does this data come from?
All figures are computed from Brookfield Infrastructure Corporation's official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.