Brookfield Infrastructure Partners L.P.
UtilitiesNYSE:BIP · New York Stock Exchange
-$0.09 today
Vol 0.31M · Avg 0.94M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$24.0B of revenue converted into $417.0M of net income for the selected period. Gross margin is 27.0% and net margin is 1.7%, showing how much revenue survives after costs and taxes. EPS is $0.76, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.1B +9.8% | $21.0B +17.3% | $17.9B +24.3% | $14.4B +25.0% | $11.5B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $16.9B +7.7% | $15.7B +16.4% | $13.5B +28.2% | $10.5B +27.4% | $8.2B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $6.2B +16.1% | $5.4B +20.2% | $4.5B +13.9% | $3.9B +19.1% | $3.3B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 26.9% +1.5pp | 25.5% +0.6pp | 24.9% -2.3pp | 27.2% -1.4pp | 28.5% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $426.0M +5.2% | $405.0M -1.9% | $413.0M -4.6% | $433.0M +6.7% | $406.0M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $426.0M +5.2% | $405.0M -1.9% | $413.0M -4.6% | $433.0M +6.7% | $406.0M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $4.0B +10.4% | $3.6B +33.0% | $2.7B +26.9% | $2.2B +6.0% | $2.0B | $374.2M | $1.2B | $631.8M |
| EBITDA | $11.0B +27.5% | $8.6B +23.0% | $7.0B +23.4% | $5.7B -13.8% | $6.6B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 47.7% +6.6pp | 41.0% +1.9pp | 39.2% -0.3pp | 39.5% -17.8pp | 57.3% | 5.6% | 46.3% | 42.0% |
| Operating Income | $5.8B +16.9% | $5.0B +22.5% | $4.0B +16.2% | $3.5B +20.8% | $2.9B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 25.1% +1.5pp | 23.6% +1.0pp | 22.6% -1.6pp | 24.1% -0.8pp | 25.0% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $3.9B +27.3% | $3.0B +21.5% | $2.5B +56.4% | $1.6B +29.3% | $1.2B | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$2.7B +10.9% | -$3.0B -48.8% | -$2.0B -30.3% | -$1.5B -445.0% | $449.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $3.1B +59.8% | $2.0B -3.7% | $2.0B +4.9% | $1.9B -41.9% | $3.3B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 13.5% +4.2pp | 9.3% -2.0pp | 11.3% -2.1pp | 13.4% -15.5pp | 28.9% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $589.0M +118.1% | $270.0M -53.5% | $581.0M +3.8% | $560.0M -8.8% | $614.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $449.0M +27.9% | $351.0M -4.4% | $367.0M +7.6% | $341.0M -55.5% | $766.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 1.9% +0.3pp | 1.7% -0.4pp | 2.0% -0.3pp | 2.4% -4.3pp | 6.6% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 +716.7% | $0 -45.5% | $0 +188.0% | $0 -93.1% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 +716.7% | $0 -45.5% | $0 +188.0% | $0 -93.1% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $460.1M -0.3% | $461.6M +0.5% | $459.4M +0.3% | $458.1M +2.9% | $445.1M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $460.1M -0.3% | $461.6M +0.5% | $459.4M +0.3% | $458.1M +2.9% | $445.1M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
NiSource Inc.
NYSE:NI
$22.63B
Evergy, Inc.
NASDAQ:EVRG
$19.33B
Alliant Energy Corporation
NASDAQ:LNT
$18.88B
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
NYSE:SBS
$18.66B
Talen Energy Corporation
NASDAQ:TLN
$16.47B
Korea Electric Power Corporation
NYSE:KEP
$16.38B
Emera Incorporated
NYSE:EMA
$16.08B
The AES Corporation
NYSE:AES
$10.47B
Companhia Paranaense de Energia
NYSE:ELPC
$2.15B
NuScale Power Corporation
NYSE:SMR
$1.32B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does BIP generate?
Brookfield Infrastructure Partners L.P. (BIP) reported $23.10B of revenue in fiscal 2025.
Is BIP profitable?
Brookfield Infrastructure Partners L.P. (BIP) reported $449.00M of net income, with a net margin of 1.9%.
Explore More
Continue the stock analysis
Jump to another research area for this company.