Brookfield Infrastructure Partners L.P.
Brookfield Infrastructure Partners L.P. (BIP) is listed on NYSE and classified in Utilities - Diversified, part of the Utilities sector. It is headquartered in Hamilton, Bermuda. The company is worth $29.65B and trades at 60.4x its earnings of the last twelve months; the median for its sector is 20.5x. Revenue was $23.1B in fiscal 2025, up 9.8% from the year before. Net income was $771M. The share price is 15.0% below its 52-week high of $44.04. It pays a dividend yielding 4.86%, and has raised its annual dividend for 16 years in a row in our records. None of the 38 superinvestors we track reported it in their latest 13F. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
None of the investors we track reported a position in BIP.
▼ -1.1% over 5Y.
today you would have $1,191.74▲ +19.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $34.74 | $31.79 | $31.49 | $30.99 | |
| P/E | — | 38.6x | 794.8x | 224.9x | 221.4x |
| P/S | 0.8x | 0.7x | 0.7x | 0.8x | 1.0x |
| EPS | $0.90 | $0.04 | $0.14 | $0.14 | |
| Dividend yield | 4.76% | 3.71% | 5.10% | 4.87% |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 4.9% dividend yield. Growth capped at 25%.
Median P/E of 20.5 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Sector median of 13.3x operating profit, less net debt. Banks have no EBITDA.
Companies of similar size in Utilities, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| FTSFortis Inc. | $57.88 | 22.8x | 1.8x | 3.20% | 7.47% | $29.57B |
| ATOAtmos Energy Corp | $173.91 | 20.7x | 1.9x | 2.30% | 9.79% | $29.39B |
| AEEAmeren Corp | $108.94 | 18.8x | 2.2x | 2.75% | 11.94% | $30.16B |
| AWKAmerican Water Works Company, Inc. | $143.23 |
| 4.65% |
| Payout | 1061.43% | 143.33% | 4050.00% | 1094.29% | 1028.57% |
| Profit margin | 2.21% | 3.34% | 1.67% | 2.05% | 2.36% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 7.7% a year against a 9.2% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 3 families.
Room for errors in the reported numbers.
+137.8% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 24.8x |
| 2.4x |
| 2.50% |
| 10.10% |
| $28.46B |
| DTEDTE Energy Co | $133.06 | 21.1x | 2.3x | 3.50% | 11.03% | $27.69B |
| CNPCenterpoint Energy Inc | $41.20 | 23.8x | 2.3x | 2.33% | 9.82% | $27.14B |