Brookfield Infrastructure Corporation (BIPC) Financial Ratios
9 years of historical data (2017–2025) · Utilities · Regulated Gas
EV/EBITDA
↓
5.92
-8% vs avg
5yr avg: 6.46
30Y Low5.8·High8.0
P/FCF
↑
21.72
↑+49% vs avg
5yr avg: 14.60
30Y Low7.3·High24.7
P/B Ratio
↑
2.36
+16% vs avg
5yr avg: 2.03
30Y Low1.2·High2.7
ROE
↓
-11.6%
↑-46% vs avg
5yr avg: -8.0%
30Y Low-43%·High6%
Debt/EBITDA
↑
4.46
+8% vs avg
5yr avg: 4.14
30Y Low1.5·High5.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BIPC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Brookfield Infrastructure Corporation currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 21.7x P/FCF, 49% above the 5-year average of 14.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.8B | $5.4B | $4.8B | $5.0B | $4.4B | $5.0B | $3.3B | — | — | — |
| Enterprise Value | $17.6B | $18.2B | $16.4B | $16.6B | $8.5B | $8.2B | $7.7B | — | — | — |
| P/E Ratio → | -19.23 | — | — | 45.23 | 2.71 | — | — | — | — | — |
| P/S Ratio | 1.27 | 1.45 | 1.36 | 1.98 | 2.42 | 3.08 | 2.16 | — | — | — |
| P/B Ratio | 2.36 | 2.70 | 2.14 | 1.24 | — | — | — | — | — | — |
| P/FCF | 21.72 | 24.71 | 7.27 | — | — | 11.83 | 9.82 | — | — | — |
| P/OCF | 2.90 | 3.30 | 2.73 | 4.76 | 4.91 | 5.98 | 4.45 | — | — | — |
P/E links to full P/E history page with 30-year chart
BIPC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Brookfield Infrastructure Corporation's enterprise value stands at 5.9x EBITDA, 8% below its 5-year average of 6.5x. The Utilities sector median is 11.9x, placing the stock at a 50% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.89 | 4.69 | 6.50 | 4.72 | 5.06 | 5.10 | — | — | — |
| EV / EBITDA | 5.92 | 6.14 | 5.75 | 8.04 | 5.98 | 6.37 | 6.33 | — | — | — |
| EV / EBIT | 7.67 | 8.10 | 11.45 | 9.62 | 3.67 | 11.44 | 29.06 | — | — | — |
| EV / FCF | — | 83.40 | 24.99 | — | — | 19.42 | 23.20 | — | — | — |
BIPC Profitability
Margins and return-on-capital ratios measuring operating efficiency
Brookfield Infrastructure Corporation earns an operating margin of 61.5%, significantly above the Utilities sector average of 18.5%. Operating margins have compressed from 66.2% to 61.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -11.6% indicates the company is currently destroying shareholder equity. ROIC of 12.0% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 63.6% | 63.6% | 62.4% | 68.9% | 71.3% | 68.0% | 63.1% | 65.9% | 64.4% | 65.4% |
| Operating Margin | 61.5% | 61.5% | 60.4% | 66.2% | 67.6% | 65.0% | 60.8% | 64.1% | 62.9% | 63.5% |
| Net Profit Margin | -6.6% | -6.6% | -16.6% | 4.4% | 58.0% | -22.4% | -38.6% | 12.2% | 12.9% | 15.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -11.6% | -11.6% | -18.4% | 6.1% | — | — | -43.0% | 6.2% | 4.5% | 4.0% |
| ROA | -1.0% | -1.0% | -2.4% | 0.7% | 10.4% | -3.8% | -6.1% | 2.1% | 2.0% | 2.2% |
| ROIC | 12.0% | 12.0% | 10.7% | 13.1% | 32.9% | 28.1% | 13.1% | 12.2% | 10.4% | 9.3% |
| ROCE | 14.2% | 14.2% | 12.6% | 14.4% | 24.9% | 20.2% | 11.5% | 11.6% | 10.1% | 9.1% |
BIPC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Brookfield Infrastructure Corporation carries a Debt/EBITDA ratio of 4.5x, which is highly leveraged (14% below the sector average of 5.2x). Net debt stands at $12.8B ($13.3B total debt minus $430M cash). Interest coverage of just 1.9x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 6.63 | 6.63 | 5.53 | 2.96 | — | — | — | 1.08 | 1.00 | 0.33 |
| Debt / EBITDA | 4.46 | 4.46 | 4.32 | 5.85 | 3.23 | 2.85 | 3.81 | 2.56 | 2.63 | 1.55 |
| Net Debt / Equity | — | 6.42 | 5.22 | 2.83 | — | — | — | 1.01 | 0.97 | 0.32 |
| Net Debt / EBITDA | 4.32 | 4.32 | 4.08 | 5.59 | 2.91 | 2.49 | 3.65 | 2.41 | 2.55 | 1.48 |
| Debt / FCF | — | 58.69 | 17.72 | — | — | 7.59 | 13.38 | 5.38 | 5.06 | — |
| Interest Coverage | 1.92 | 1.92 | 1.34 | 2.47 | 4.27 | 2.45 | 1.23 | 6.55 | 7.04 | 12.02 |
BIPC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.26x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.44x to 0.26x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.26 | 0.26 | 0.62 | 0.44 | 0.24 | 0.32 | 0.21 | 1.20 | 1.25 | 1.21 |
| Quick Ratio | 0.26 | 0.26 | 0.62 | 0.44 | 0.25 | 0.32 | 0.21 | 1.20 | 1.25 | 1.21 |
| Cash Ratio | 0.06 | 0.06 | 0.10 | 0.09 | 0.11 | 0.08 | 0.07 | 0.41 | 0.28 | 0.22 |
| Asset Turnover | — | 0.16 | 0.15 | 0.11 | 0.18 | 0.16 | 0.16 | 0.17 | 0.16 | 0.14 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — |
BIPC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Brookfield Infrastructure Corporation does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | 1.0% | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | 126.9% | 353.2% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 2.2% | 36.9% | — | — | — | — | — |
| FCF Yield | 4.6% | 4.0% | 13.8% | — | — | 8.5% | 10.2% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.0% | — | — | — |
| Shares Outstanding | — | $119M | $119M | $143M | $113M | $110M | $67M | $70M | $70M | $70M |
Peer Comparison
Compare BIPC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BIPCYou | $5B | -19.2 | 5.9 | 21.7 | 63.6% | 61.5% | -11.6% | 12.0% | 4.5 |
 BIP | $17B | 38.3 | 8.0 | — | 26.9% | 25.1% | 1.4% | 4.8% | 6.6 |
 AQN | $5B | 25.6 | 11.9 | 2.5 | 73.7% | 21.5% | 3.2% | 3.2% | 7.1 |
 AWK | $24B | 21.9 | 14.5 | — | 43.3% | 36.6% | 10.5% | 5.5% | 5.7 |
 NEE | $181B | 26.4 | 17.8 | — | 62.8% | 30.1% | 10.7% | 4.1% | 6.2 |
 D | $60B | 19.8 | 16.0 | — | 49.0% | 26.7% | 9.4% | 4.3% | 7.2 |
 ET | $65B | 13.9 | 9.1 | 16.8 | 21.8% | 11.4% | 10.2% | 6.3% | 4.9 |
 KMI | $70B | 23.1 | 14.1 | 21.8 | 43.7% | 28.4% | 9.5% | 5.6% | 4.5 |
 WMB | $89B | 34.2 | 17.6 | 89.0 | 42.9% | 36.8% | 17.5% | 7.7% | 4.4 |
 CNI | $69B | 21.3 | 14.1 | 29.0 | 44.9% | 38.1% | 22.1% | 11.6% | 2.6 |
 PAC | $11B | 22.3 | 10.6 | 32.4 | 77.1% | 54.0% | 40.4% | 21.9% | 2.2 |
| Utilities Median | — | 19.0 | 11.9 | 18.6 | 38.4% | 18.5% | 9.3% | 4.9% | 5.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 9 years · Updated daily
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BIPC — Frequently Asked Questions
Quick answers to the most common questions about buying BIPC stock.
What is Brookfield Infrastructure Corporation's P/E ratio?
Brookfield Infrastructure Corporation's current P/E ratio is -19.2x. The historical average is 24.0x.
What is Brookfield Infrastructure Corporation's EV/EBITDA?
Brookfield Infrastructure Corporation's current EV/EBITDA is 5.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.4x.
What is Brookfield Infrastructure Corporation's ROE?
Brookfield Infrastructure Corporation's return on equity (ROE) is -11.6%. The historical average is -7.5%.
Is BIPC stock overvalued?
Based on historical data, Brookfield Infrastructure Corporation is trading at a P/E of -19.2x. Compare with industry peers and growth rates for a complete picture.
What are Brookfield Infrastructure Corporation's profit margins?
Brookfield Infrastructure Corporation has 63.6% gross margin and 61.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Brookfield Infrastructure Corporation have?
Brookfield Infrastructure Corporation's Debt/EBITDA ratio is 4.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.