Brookfield Infrastructure Partners L.P. (BIP)
NYSE: BIP · Real-Time Price · USD
37.13
+0.29 (0.79%)
At close: Sep 4, 2026, 4:00 PM EDT
37.09
-0.04 (-0.11%)
After-hours: Sep 4, 2026, 7:41 PM EDT
BIP Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 319 | 449 | 57 | 102 | 101 | 556 |
Depreciation & Amortization | 4,293 | 4,024 | 3,644 | 2,739 | 2,158 | 2,036 |
Loss (Gain) on Equity Investments | 458 | 485 | -156 | 323 | 563 | 69 |
Other Operating Activities | 1,636 | 1,421 | 1,334 | 1,552 | 1,213 | 635 |
Change in Accounts Receivable | - | - | - | - | -445 | -190 |
Change in Accounts Payable | -131 | -131 | -213 | -167 | -342 | -323 |
Change in Other Net Operating Assets | -275 | -277 | -13 | -471 | -117 | -11 |
Operating Cash Flow | 6,300 | 5,971 | 4,653 | 4,078 | 3,131 | 2,772 |
Operating Cash Flow Growth | 30.92% | 28.33% | 14.10% | 30.25% | 12.95% | 9.56% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -7,538 | -6,024 | -4,975 | -2,487 | -2,775 | -2,067 |
Sale of Property, Plant & Equipment | 337 | 321 | 609 | 162 | 41 | 85 |
Cash Acquisitions | -9,863 | -10,032 | -2,523 | -10,747 | -479 | -2,923 |
Divestitures | 4,474 | 2,761 | 77 | 602 | 198 | 3,284 |
Investment in Securities | -606 | 534 | - | 200 | -528 | 429 |
Other Investing Activities | -386 | -221 | -89 | -720 | 178 | 19 |
Investing Cash Flow | -13,582 | -12,661 | -6,901 | -12,990 | -3,365 | -1,173 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Short-Term Debt Issued | - | - | - | 525 | 33 | 431 |
Long-Term Debt Issued | - | 19,374 | 27,612 | 20,536 | 13,105 | 22,682 |
Total Debt Issued | 20,975 | 19,374 | 27,612 | 21,061 | 13,138 | 23,113 |
Short-Term Debt Repaid | - | -115 | -139 | - | - | - |
Long-Term Debt Repaid | - | -11,568 | -19,317 | -15,690 | -9,754 | -21,830 |
Total Debt Repaid | -12,295 | -11,683 | -19,456 | -15,690 | -9,754 | -21,830 |
Net Debt Issued (Repaid) | 8,680 | 7,691 | 8,156 | 5,371 | 3,384 | 1,283 |
Issuance of Common Stock | - | - | 11 | - | 13 | 1,073 |
Repurchase of Common Stock | -9 | -9 | - | -13 | - | - |
Preferred Dividends Paid | -45 | -46 | -52 | -47 | -38 | -41 |
Common Dividends Paid | -813 | -793 | -748 | -701 | -660 | -608 |
Dividends Paid | -858 | -839 | -800 | -748 | -698 | -649 |
Other Financing Activities | 417 | 1,156 | -4,755 | 4,809 | -2,409 | -2,703 |
Financing Cash Flow | 8,139 | 7,818 | 2,612 | 9,419 | 56 | -995 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | -89 | 47 | -150 | 71 | 88 | -65 |
Miscellaneous Cash Flow Adjustments | -105 | -45 | - | - | -37 | - |
Net Cash Flow | 663 | 1,130 | 214 | 578 | -127 | 539 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | -1,238 | -53 | -322 | 1,591 | 356 | 705 |
Free Cash Flow Growth | - | - | - | 346.91% | -49.50% | -33.37% |
Free Cash Flow Margin | -4.94% | -0.23% | -1.53% | 8.87% | 2.47% | 6.11% |
Free Cash Flow Per Share | -2.70 | -0.12 | -0.70 | 3.46 | 0.78 | 1.58 |
Levered Free Cash Flow | -844 | -830.75 | -755.13 | 498.88 | -1,207 | 1,768 |
Unlevered Free Cash Flow | 1,769 | 1,587 | 1,362 | 2,062 | -47.5 | 2,686 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Interest Paid | 3,561 | 3,561 | 3,289 | 2,132 | 1,638 | 1,074 |
Cash Income Tax Paid | 664 | 664 | 597 | 524 | 364 | 262 |
Change in Working Capital | -406 | -408 | -226 | -638 | -904 | -524 |