Brookfield Infrastructure Partners L.P. (TSX: BIP.UN)

BIP.UN Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	17,931	14,427	11,537	8,885	6,597
Revenue Growth (YoY)	24.29%	25.05%	29.85%	34.68%	41.81%
Cost of Revenue	13,470	10,510	8,247	4,843	3,395
Gross Profit	4,461	3,917	3,290	4,042	3,202
Selling, General & Admin	413	433	406	312	279
Other Operating Expenses	141	92	1,749	1,705	1,214
Operating Expenses	413	433	406	2,017	1,493
Operating Income	4,401	3,588	4,721	2,390	1,775
Interest Income	0	1,855	1,468	1,179	904
Interest Expense	2,254	1,855	1,468	1,179	904
Other Expense / Income	1,199	1,653	1,388	1,195	847
Pretax Income	2,029	1,935	3,333	1,195	928
Income Tax	581	560	614	291	278
Net Income	367	1,375	2,719	904	650
Net Income Growth	-73.31%	-49.43%	200.77%	39.08%	97.57%
Shares Outstanding (Basic)	459	442	479	442	428
Shares Outstanding (Diluted)	459	442	479	443	428
Shares Change	3.92%	-7.77%	8.16%	3.44%	3.14%
EPS (Basic)	0.80	3.11	5.67	2.04	1.52
EPS (Diluted)	0.80	3.11	5.67	2.04	1.52
EPS Growth	-74.28%	-45.15%	177.94%	34.21%	92.41%
Free Cash Flow	1,591	397	790	1,104	999
Free Cash Flow Per Share	3.46	0.90	1.65	2.49	2.33
Gross Margin	24.88%	27.15%	28.52%	45.49%	48.54%
Operating Margin	24.54%	24.87%	40.92%	26.90%	26.91%
Profit Margin	2.05%	9.53%	23.57%	10.17%	9.85%
Free Cash Flow Margin	8.87%	2.75%	6.85%	12.43%	15.14%
Effective Tax Rate	28.63%	28.94%	18.42%	24.35%	29.96%
EBITDA	7,140	5,746	6,757	4,095	2,989
EBITDA Margin	39.82%	39.83%	58.57%	46.09%	45.31%
Depreciation & Amortization	2,739	2,158	2,036	1,705	1,214
EBIT	4,401	3,588	4,721	2,390	1,775
EBIT Margin	24.54%	24.87%	40.92%	26.90%	26.91%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.