TSX:BIP.UN Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 13, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	23,938	30,103	29,051	26,398	44,329	31,677
Market Cap Growth	13.25%	3.62%	10.05%	-40.45%	39.94%	24.26%
Enterprise Value	149,782	160,072	133,563	128,594	112,569	101,591
PE Ratio	38.88	38.62	795.75	224.86	220.79	35.01
Forward PE	32.81	28.59	62.64	36.71	38.28	47.34
PEG Ratio	-	3.88	3.88	3.88	3.88	3.50
PS Ratio	0.76	0.95	1.01	1.07	2.24	2.00
PB Ratio	0.49	3.89	3.75	3.07	5.12	3.36
P/TBV Ratio	4.23	3.89	3.73	3.06	-	-
P/FCF Ratio	-	-414.53	-65.85	12.11	90.88	32.79
P/OCF Ratio	2.92	3.68	4.56	4.72	10.33	8.34
EV/Sales Ratio	4.74	5.06	4.63	5.23	5.69	6.43
EV/EBITDA Ratio	10.47	11.89	11.33	13.83	14.56	15.07
EV/EBIT Ratio	17.03	20.15	19.66	23.18	23.58	25.71
EV/FCF Ratio	-15.60	-2204.24	-302.73	58.99	230.78	105.17
Debt / Equity Ratio	1.91	1.91	1.80	1.43	1.26	1.23
Debt / EBITDA Ratio	6.92	6.92	6.26	7.17	5.73	6.60
Debt / FCF Ratio	-1281.55	-1281.55	-167.31	30.60	90.73	46.09
Net Debt / Equity Ratio	11.38	11.38	9.05	7.32	4.69	4.42
Net Debt / EBITDA Ratio	6.54	6.54	5.94	6.76	5.25	6.17
Net Debt / FCF Ratio	-1211.49	-1211.49	-158.80	28.85	83.23	43.05
Asset Turnover	0.20	0.20	0.20	0.21	0.20	0.17
Quick Ratio	0.59	0.59	0.66	0.64	0.63	0.50
Current Ratio	0.78	0.78	0.88	0.68	0.80	0.57
Return on Equity (ROE)	7.74%	7.74%	5.27%	4.86%	5.29%	11.30%
Return on Assets (ROA)	4.04%	4.04%	4.16%	3.33%	3.37%	3.48%
Return on Invested Capital (ROIC)	4.40%	4.40%	4.53%	3.65%	3.71%	3.79%
Return on Capital Employed (ROCE)	5.61%	5.61%	5.43%	5.27%	5.36%	4.76%
Earnings Yield	2.57%	2.59%	0.13%	0.44%	0.45%	2.86%
FCF Yield	-40.11%	-0.24%	-1.52%	8.26%	1.10%	3.05%
Dividend Yield	4.65%	10.90%	11.19%	10.48%	0.00%	0.00%
Payout Ratio	388.20%	226.07%	468.38%	413.08%	415.84%	164.10%
Buyback Yield / Dilution	0.06%	0.04%	-0.05%	0.07%	0.00%	0.00%
Total Shareholder Return	4.70%	10.94%	11.14%	10.55%	0.00%	0.00%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.