Brookfield Infrastructure Corporation (BIPC)

Brookfield Infrastructure 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	3,693	3,666	2,503	1,886	1,643	1,430
Revenue Growth (YoY)	26.99%	46.46%	32.71%	14.79%	14.89%	-11.67%
Selling, General & Admin	76	75	67	69	49	33
Other Operating Expenses	1,394	1,378	778	542	526	527
Total Operating Expenses	1,470	1,453	845	611	575	560
Operating Income	2,223	2,213	1,658	1,275	1,068	870
Interest Expense	-1,099	-1,065	-697	-544	-294	-214
Net Interest Expense	-1,099	-1,065	-697	-544	-294	-214
Income (Loss) on Equity Investments	-	-	-20	4	-	-
Currency Exchange Gain (Loss)	-	-	-49	-	-21	-
Other Non-Operating Income (Expenses)	-126	-711	131	1,146	-321	-619
EBT Excluding Unusual Items	998	437	1,023	1,881	432	37
Total Merger & Restructuring Charges	-	-	-49	-	-	-
Pretax Income	998	437	974	1,881	432	37
Income Tax Expense	361	365	368	262	405	269
Earnings From Continuing Ops.	637	72	606	1,619	27	-232
Minority Interest in Earnings	-884	-680	-495	-525	-395	-320
Net Income	-247	-608	111	1,094	-368	-552
Net Income to Common	-247	-608	111	1,094	-368	-552
Net Income Growth	-	-	-89.85%	-	-	-
Shares Outstanding (Basic)	119	119	143	113	112	69
Shares Outstanding (Diluted)	119	119	143	113	112	69
Shares Change (YoY)	-16.78%	-16.75%	26.91%	1.00%	62.05%	-
EPS (Basic)	-2.08	-5.11	0.78	9.71	-3.30	-8.02
EPS (Diluted)	-2.08	-5.11	0.78	9.71	-3.30	-8.02
EPS Growth	-	-	-92.01%	-	-	-
Free Cash Flow	343	340	465	368	422	314
Free Cash Flow Per Share	2.88	2.86	3.25	3.27	3.78	4.56
Dividend Per Share	1.645	1.620	1.530	1.440	1.380	0.970
Dividend Growth	5.96%	5.88%	6.25%	4.35%	42.27%	-
Profit Margin	-6.69%	-16.59%	4.44%	58.01%	-22.40%	-38.60%
Free Cash Flow Margin	9.29%	9.27%	18.58%	19.51%	25.69%	21.96%
EBITDA	2,998	2,988	2,023	1,486	1,304	1,153
EBITDA Margin	81.18%	81.51%	80.82%	78.79%	79.37%	80.63%
D&A For EBITDA	775	775	365	211	236	283
EBIT	2,223	2,213	1,658	1,275	1,068	870
EBIT Margin	60.20%	60.37%	66.24%	67.60%	65.00%	60.84%
Effective Tax Rate	36.17%	83.52%	37.78%	13.93%	93.75%	727.03%

Updated Mar 22, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q