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

TSX:BIP.UN Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	21,244	21,039	17,931	14,427	11,537	8,885
Revenue Growth (YoY)	12.40%	17.33%	24.29%	25.05%	29.85%	34.68%
Cost of Revenue	15,727	15,676	13,470	10,510	8,247	6,548
Gross Profit	5,517	5,363	4,461	3,917	3,290	2,337
Selling, General & Admin	405	405	413	433	406	312
Operating Expenses	405	405	413	433	406	312
Operating Income	5,112	4,958	4,048	3,484	2,884	2,025
Interest Expense	-3,492	-3,387	-2,501	-1,855	-1,468	-1,179
Earnings From Equity Investments	521	439	459	12	88	131
Currency Exchange Gain (Loss)	-156	-26	-146	164	-116	-
Other Non Operating Income (Expenses)	-225	-582	167	90	-155	218
EBT Excluding Unusual Items	1,760	1,402	2,027	1,895	1,233	1,195
Merger & Restructuring Charges	-5	-55	-128	-	-	-
Gain (Loss) on Sale of Investments	-	-	30	40	-	-
Gain (Loss) on Sale of Assets	50	6	100	-	2,100	-
Other Unusual Items	-	600	-	-	-	-
Pretax Income	1,805	1,953	2,029	1,935	3,333	1,195
Income Tax Expense	410	270	581	560	614	291
Earnings From Continuing Operations	1,395	1,683	1,448	1,375	2,719	904
Minority Interest in Earnings	-1,351	-1,609	-1,323	-1,250	-2,065	-748
Net Income	44	74	125	125	654	156
Preferred Dividends & Other Adjustments	39	40	38	38	41	35
Net Income to Common	5	34	87	87	613	121
Net Income Growth	-78.64%	-40.80%	-	-80.89%	319.23%	200.00%
Shares Outstanding (Basic)	462	462	459	458	445	442
Shares Outstanding (Diluted)	462	462	459	458	445	442
Shares Change (YoY)	0.34%	0.48%	0.28%	2.92%	0.68%	3.20%
EPS (Basic)	0.01	0.07	0.19	0.19	1.38	0.27
EPS (Diluted)	0.01	0.07	0.19	0.19	1.38	0.27
EPS Growth	-97.02%	-61.11%	-0.28%	-86.21%	403.20%	517.11%
Free Cash Flow	406	-322	1,591	356	705	1,058
Free Cash Flow Per Share	0.88	-0.70	3.46	0.78	1.58	2.39
Dividend Per Share	1.640	1.620	1.530	1.440	1.360	1.293
Dividend Growth	5.13%	5.88%	6.25%	5.88%	5.16%	-3.48%
Gross Margin	25.97%	25.49%	24.88%	27.15%	28.52%	26.30%
Operating Margin	24.06%	23.57%	22.57%	24.15%	25.00%	22.79%
Profit Margin	0.02%	0.16%	0.48%	0.60%	5.31%	1.36%
Free Cash Flow Margin	1.91%	-1.53%	8.87%	2.47%	6.11%	11.91%
EBITDA	8,780	8,602	6,787	5,642	4,920	3,730
EBITDA Margin	41.33%	40.89%	37.85%	39.11%	42.64%	41.98%
D&A For EBITDA	3,668	3,644	2,739	2,158	2,036	1,705
EBIT	5,112	4,958	4,048	3,484	2,884	2,025
EBIT Margin	24.06%	23.57%	22.57%	24.15%	25.00%	22.79%
Effective Tax Rate	22.71%	13.83%	28.63%	28.94%	18.42%	24.35%

Updated Jan 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.