Brookfield Infrastructure Corporation (BIPC) Key Metrics
BIPC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $4.64B
- Enterprise value
- $16.50B
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 1.3 10-yr median 2.1
- Price / book
- 37.5
- EV / EBITDA
- 6.4 10-yr median 7.5
- Dividend yield
- 4.82% $1.82 a year
- Beta
- 1.31
BIPC key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBIPC valuation Price multiples at each fiscal year-end price.
Price / sales+11.5%
1.4
2025 · hover or tap a bar for each year
20162025
EV / EBITDA−13.2%
6.2
2025 · hover or tap a bar for each year
20162025
Price / free cash flow+76.4%
24.7
2025 · hover or tap a bar for each year
20162025
Free cash flow yield−3.1 pts
4.0%
2025 · hover or tap a bar for each year
20162025
BIPC returns How much profit the business earns on the capital it uses.
Return on invested capital+3.2 pts
13.6%
2025 · hover or tap a bar for each year
20162025
Return on assets+1.5 pts
−1.0%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin−3.4 pts
5.9%
2025 · hover or tap a bar for each year
20162025
Asset turnover+1.7%
0.16
2025 · hover or tap a bar for each year
20162025
BIPC per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+1.8%
$31.35
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$2.06
2025 · hover or tap a bar for each year
20162025
Free cash flow per share−35.7%
$1.84
2025 · hover or tap a bar for each year
20162025
Book value per share
−$10.89
2025 · hover or tap a bar for each year
20162025
Shares outstanding0.0%
119.1M
2025 · hover or tap a bar for each year
20162025
BIPC financial health Debt, liquidity and how easily interest is covered.
Net debt+$1.3B
$12.82B
2025 · hover or tap a bar for each year
20162025
Net debt / EBITDA−0.70
4.37
2025 · hover or tap a bar for each year
20162025
Current ratio−58.1%
0.26
2025 · hover or tap a bar for each year
20162025
Interest coverage−6.1%
2.0
2025 · hover or tap a bar for each year
20162025
Debt / assets+6.3%
0.55
2025 · hover or tap a bar for each year
20162025
BIPC efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding+10 days
220 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding+151 days
171 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle−141 days
48 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue−0.3 pts
38.0%
2025 · hover or tap a bar for each year
20162025
BIPC valuation history
Fiscal year-endToday10-year median
BIPC returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BIPC debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BIPC cash returned to shareholders
DividendsBuybacksFree cash flow
BIPC price vs earnings per share
Share price at year-endEPS (right axis)
BIPC key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $5.41B | $4.76B | $5.04B | $4.30B | $5.02B | $3.25B | — | — | — | — |
| Enterprise value | $18.23B | $16.30B | $16.52B | $8.40B | $8.24B | $7.68B | — | — | — | — |
| P/E ratio | — | — | 44.6 | 3.9 | — | — | — | — | — | — |
| Price / sales | 1.4 | 1.3 | 2.0 | 2.3 | 3.1 | 2.3 | — | — | — | — |
| Price / free cash flow | 24.7 | 14.0 | 10.8 | 11.7 | 11.8 | 9.8 | — | — | — | — |
| Price / operating cash flow | 3.3 | 2.7 | 4.8 | 4.8 | 6.0 | 4.5 | — | — | — | — |
| EV / sales | 4.9 | 4.4 | 6.5 | 4.5 | 5.1 | 5.4 | — | — | — | — |
| EV / EBITDA | 6.2 | 7.2 | 7.9 | 3.2 | 8.6 | 14.4 | — | — | — | — |
| EV / free cash flow | 83.3 | 47.9 | 35.5 | 22.8 | 19.4 | 23.2 | — | — | — | — |
| Earnings yield | −4.5% | −12.8% | 2.2% | 25.4% | −7.3% | −17.0% | — | — | — | — |
| Free cash flow yield | 4.0% | 7.1% | 9.2% | 8.6% | 8.5% | 10.2% | — | — | — | — |
| Dividend yield | — | — | — | 0.0% | 1.1% | 1.0% | — | — | — | — |
| Shareholder yield (dividends + buybacks) | — | — | — | 0.0% | 1.1% | 1.0% | — | — | — | — |
| Share price at fiscal year-end | $45.40 | $40.01 | $35.28 | $38.90 | $45.51 | $48.20 | — | — | — | — |
| Per share | ||||||||||
| Revenue per share | $31.35 | $30.80 | $17.83 | $17.06 | $14.77 | $21.20 | $34.51 | $21.24 | $19.65 | $4.97 |
| Earnings per share | −$2.06 | −$5.11 | $0.79 | $9.89 | −$3.31 | −$8.18 | $4.10 | $2.90 | $3.07 | $0.65 |
| Operating cash flow per share | $13.74 | $14.64 | $7.41 | $8.08 | $7.61 | $10.82 | $22.56 | $15.27 | $14.78 | $3.14 |
| Free cash flow per share | $1.84 | $2.86 | $3.25 | $3.33 | $3.85 | $4.91 | $12.86 | $8.92 | $8.80 | −$2.11 |
| Cash per share | $3.73 | $6.23 | $4.04 | $4.54 | $4.25 | $2.85 | $4.25 | $1.42 | $1.12 | — |
| Book value per share | −$10.89 | −$10.53 | −$2.79 | −$10.12 | −$19.29 | −$25.53 | $68.27 | $46.58 | $29.26 | — |
| Tangible book value per share | −$51.05 | −$48.34 | −$40.73 | −$40.55 | −$48.10 | −$77.08 | −$27.62 | −$24.50 | −$56.85 | — |
| Dividends per share | — | — | — | $0.00 | $0.49 | $0.49 | $5.21 | $9.71 | $9.71 | $1.33 |
| Capex per share | $11.90 | $11.79 | $4.15 | $4.75 | $3.76 | $5.92 | $9.70 | $6.35 | $5.99 | $5.25 |
| Debt per share | $111.44 | $103.16 | $84.30 | $41.63 | $33.44 | $68.50 | $78.79 | $48.89 | $25.35 | — |
| Shares outstanding | 119.1M | 119.0M | 143.0M | 110.6M | 110.2M | 67.4M | 48.0M | 69.8M | 69.8M | 69.8M |
| Change in shares outstanding | +0.0% | −16.7% | +29.3% | +0.3% | +63.5% | +40.5% | −31.2% | 0.0% | 0.0% | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | — | — | — | — | — | — | 6.0% | 7.6% | 10.5% | — |
| Return on invested capital (ROIC) | 13.6% | 10.4% | 14.9% | 53.9% | 27.9% | 9.6% | 10.5% | 13.6% | 17.9% | — |
| Return on assets (ROA) | −1.0% | −2.6% | 0.7% | 10.8% | −3.8% | −5.8% | 2.1% | 2.1% | 2.2% | — |
| Return on tangible assets | −1.3% | −3.2% | 0.6% | 16.1% | −5.3% | −9.4% | 3.8% | 4.7% | 5.4% | — |
| Free cash flow margin | 5.9% | 9.3% | 18.2% | 19.5% | 26.0% | 23.1% | 37.3% | 42.0% | 44.8% | −42.4% |
| Income quality (OCF / net income) | — | — | 9.37 | 0.82 | — | — | 5.50 | 5.27 | 4.81 | 4.87 |
| Financial health | ||||||||||
| Total debt | $13.27B | $12.28B | $12.05B | $4.60B | $3.69B | $4.62B | $3.78B | $3.41B | $1.77B | — |
| Cash & short-term investments | $444.0M | $742.0M | $577.0M | $502.0M | $469.0M | $192.0M | $204.0M | $99.0M | $78.0M | — |
| Net debt | $12.82B | $11.54B | $11.48B | $4.10B | $3.22B | $4.43B | $3.58B | $3.31B | $1.69B | — |
| Debt / equity | — | — | — | — | — | — | 1.15 | 1.05 | 0.87 | — |
| Debt / assets | 0.55 | 0.52 | 0.50 | 0.45 | 0.37 | 0.49 | 0.38 | 0.37 | 0.18 | — |
| Net debt / EBITDA | 4.37 | 5.07 | 5.50 | 1.56 | 3.37 | 8.29 | 2.68 | 2.77 | 1.50 | — |
| Current ratio | 0.26 | 0.62 | 0.44 | 0.34 | 0.32 | 0.21 | 1.20 | 1.25 | 1.21 | — |
| Quick ratio | 0.26 | 0.62 | 0.64 | 0.35 | 0.33 | 0.23 | 1.20 | 1.25 | 1.21 | — |
| Interest coverage | 2.0 | 2.1 | 2.4 | 2.3 | 3.6 | 4.3 | 6.6 | 7.7 | 12.3 | — |
| Working capital | −$5.67B | −$2.88B | −$3.56B | −$3.07B | −$4.19B | −$2.17B | $101.0M | $87.0M | $75.0M | — |
| Invested capital | $11.53B | $10.29B | $11.08B | $2.98B | $1.09B | $2.71B | $6.86B | $6.56B | $3.73B | — |
| Tangible asset value | −$2.78B | −$2.28B | −$1.36B | −$3.73B | −$4.60B | −$4.05B | −$1.33B | −$1.71B | −$667.0M | — |
| Net current asset value | −$19.98B | −$16.60B | −$17.04B | −$8.97B | −$9.50B | −$9.33B | −$5.98B | −$5.55B | −$4.20B | — |
| Graham number | — | — | — | — | — | — | $79.40 | $55.09 | $44.99 | — |
| Graham net-net per share | −$165.40 | −$160.44 | −$127.81 | −$84.21 | −$90.18 | −$140.71 | −$127.19 | −$80.95 | −$61.61 | — |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | $0 | $54.0M | $33.0M | $250.0M | $677.0M | $677.0M | $93.0M |
| Dividend payout ratio | — | — | — | 0.0% | — | — | 126.9% | 335.1% | 315.7% | 206.7% |
| Dividends + buybacks / free cash flow | — | — | — | 0.0% | 12.7% | 10.0% | 40.5% | 108.8% | 110.3% | — |
| Capex / revenue | 38.0% | 38.3% | 23.3% | 27.8% | 25.5% | 27.9% | 28.1% | 29.9% | 30.5% | 105.5% |
| Capex / operating cash flow | 86.6% | 80.5% | 56.1% | 58.8% | 49.5% | 54.7% | 43.0% | 41.6% | 40.5% | 167.1% |
| Capex / depreciation | 2.09 | 1.81 | 1.63 | 2.49 | 1.76 | 1.41 | 1.51 | 1.39 | 1.59 | 3.52 |
| Stock-based compensation / revenue | — | — | −28.9% | — | — | — | — | −25.6% | −27.0% | — |
| SG&A / revenue | 2.1% | 2.0% | 2.7% | 3.7% | 3.0% | 2.3% | 1.8% | 1.6% | 1.8% | 2.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 219.5 | 209.5 | 227.9 | 242.1 | 206.2 | 89.5 | 75.4 | 82.3 | 90.5 | — |
| Days of inventory on hand | — | — | -309.8 | -34.7 | -33.2 | -33.9 | — | — | — | — |
| Days payables outstanding | 171.1 | 20.1 | 29.7 | 27.9 | 43.1 | 60.3 | 50.7 | 44.4 | 46.9 | — |
| Cash conversion cycle (days) | 48.4 | 189.4 | -111.7 | 179.5 | 129.9 | -4.7 | 24.6 | 37.9 | 43.6 | — |
| Receivables turnover | 1.66 | 1.74 | 1.60 | 1.51 | 1.77 | 4.08 | 4.84 | 4.44 | 4.03 | — |
| Payables turnover | 2.13 | 18.13 | 12.28 | 13.06 | 8.48 | 6.06 | 7.20 | 8.23 | 7.78 | — |
| Asset turnover | 0.16 | 0.15 | 0.15 | 0.19 | 0.17 | 0.15 | 0.17 | 0.15 | 0.14 | — |
| Average receivables | $2.24B | $2.10B | $1.59B | $1.25B | $920.0M | $350.5M | $342.0M | $334.0M | $340.0M | — |
| Average payables | $636.4M | $76.0M | $64.5M | $41.5M | $61.5M | $87.0M | $78.5M | $64.0M | $61.0M | — |
| Average inventory | — | — | −$672.5M | −$51.5M | −$47.5M | −$49.0M | — | — | — | — |
| Intangibles / total assets | 19.9% | 19.1% | 22.7% | 33.1% | 31.5% | 37.2% | 46.7% | 53.7% | 60.2% | — |
Computed from BIPC's annual financial statements (latest annual report filed March 17, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BIPC valuation and financial ratios
Brookfield Infrastructure earned a return on invested capital of 13.6% in fiscal 2025. It ended the year with $13.3 billion of debt and $444.0 million in cash and short-term investments, net debt of $12.8 billion. The share count rose 70.7% from 69.8M to 119.1M over 9 years.
See the BIPC income statement, the BIPC chart for price history, or the BIPC stock overview for the latest quote and news.
BIPC key metrics FAQ
What is Brookfield Infrastructure's EV/EBITDA?
Brookfield Infrastructure's enterprise value was 6.2 times EBITDA at the end of fiscal 2025 (enterprise value $18.2 billion, EBITDA $2.9 billion); the current EV/EBITDA is 6.4.
What is Brookfield Infrastructure's ROIC?
Brookfield Infrastructure's return on invested capital was 13.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Brookfield Infrastructure have?
Brookfield Infrastructure had total debt of $13.3 billion at the end of fiscal 2025 and $12.8 billion of net debt (4.37 times EBITDA).
What is Brookfield Infrastructure's free cash flow yield?
Brookfield Infrastructure generated $218.8 million of free cash flow in fiscal 2025, a free cash flow yield of 4.0% on its market value at year-end ($5.4 billion).
What is Brookfield Infrastructure's current ratio?
Brookfield Infrastructure's current ratio was 0.26 at the end of fiscal 2025: current assets were 0.26 times current liabilities.