Brookfield Infrastructure Corporation (BIPC)

Highly Crowded

Held by 367 of 5,944 reporting institutions (95th percentile) — extremely crowded.

Data as of Q1 2026

$36.15▲ 1.26%

EOD close · as of 2026-09-17

Market Cap

$4.45B

Enterprise Value

$4.39B

P/E

6.3×

Revenue (FY)

—

Rev. growth

—

Gross margin

—

Net margin

—

ROIC

—

Debt / EBITDA

—

Revenue—

—

Net Income· FY2025$700.0M

Free Cash Flow—

—

✓ Strengths

No standout strengths flagged.

△ Watch

Nothing notable to watch.

⚠ Risks

No material risks flagged.

Deep analysis

Quality of the business

What backs the price

Is the profit real, and how strong is the balance sheet?

Income statement

How a revenue dollar becomes profit

FY2025 · every deduction from revenue to net income

Not enough detail.

Returns

Why ROE is —

DuPont — the three levers

Net margin

—

profit / rev

Asset turns

—

rev / assets

Leverage

—

assets / equity

ROE

—

return on equity

Watch the leverage lever — a chunk of ROE comes from the balance sheet.

Leverage & liquidity

Debt structure

What the company owes vs. what it holds

Total Debt

—

Cash & Equivalents

$53.0M

Net Debt

—

Net debt / EBITDA—

Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.

Operating leverage

How profit responds to sales

Latest year: profit growth vs revenue growth

Revenue Δ

—

Op. income Δ

—

Op. leverage

—

Operating leverage needs meaningful revenue change.

Operating leverage

Common-size income statement

Each line as % of revenue — the trend in color

% of revenue	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025

Green = margin-favorable vs the row's own range · red = unfavorable.

Track record · FY2018 → FY2025

How the ratios & debt developed

The metrics that matter, over time

ROE

—

— · latest

—

Net margin

—

— · latest

—

ROIC

—

— · latest

—

Gross margin

—

— · latest

—

Debt / EBITDA

—

— · latest

—

Current ratio

—

— · latest

—

FCF margin

—

— · latest

—

Free cash flow

—

— · latest

—

Institutional ownership: 367 holders · 68% of shares · 95th percentile crowding — Held by 367 of 5,944 reporting institutions (95th percentile) — extremely crowded. (see the 13F tab)

A 30-second read on BIPC: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.

Loading snapshot...

Financials

$36.15▲ 1.26%

EOD close · as of 2026-09-17

Market Cap

$4.45B

Enterprise Value

$4.39B

Revenue → Profit Flow

How a revenue dollar becomes profit — FY2025

Not enough income-statement detail for a flow diagram.

No data reported for this breakdown.

Each value shows its share of revenue below it (common-size).

Line Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Cost of Revenue	$1.33B	$1.38B	$778.0M	$542.0M	$526.0M	$527.0M	$552.0M	$236.0M
Selling, General & Admin	$80.0M	$75.0M	$67.0M	$69.0M	$49.0M	$33.0M	$30.0M	$24.0M
Interest Expense	$1.16B	$1.06B	$697.0M	$544.0M	$294.0M	$214.0M	$156.0M	$127.0M
Net Income	$700.0M	$72.0M	$606.0M	$1.62B	$27.0M	-$232.0M	$570.0M	$581.0M

Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.

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BIPC vs. Utilities peers

Ranked against 95 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.

Where it ranks

top thirdmiddlebottompeer median

ValuationCheaper than peers scores higher

P / E

BIPC — · med 20.8× · best 0.0×

not enough peer data

—

P / S

BIPC — · med 2.9× · best 0.1×

not enough peer data

—

EV / EBITDA

BIPC — · med 12.7× · best 4.0×

not enough peer data

—

P / B

BIPC — · med 1.9× · best 0.0×

not enough peer data

—

GrowthLatest fiscal-year revenue vs prior year

Revenue growth (YoY)

BIPC — · med 8.6% · best 341%

not enough peer data

—

ProfitabilityMargins vs the sector

Gross margin

BIPC — · med 33.9% · best 100.0%

not enough peer data

—

Operating margin

BIPC — · med 20.2% · best 37.7%

not enough peer data

—

Net margin

BIPC — · med 11.8% · best 50.3%

not enough peer data

—

FCF margin

BIPC — · med -8.8% · best 47.2%

not enough peer data

—

Returns on capitalHow hard the capital works

Return on equity

BIPC — · med 8.8% · best 436%

not enough peer data

—

Return on invested capital

BIPC — · med 3.9% · best 436%

not enough peer data

—

LeverageLess debt scores higher

Net debt / EBITDA

BIPC — · med 4.9× · best -3.0×

not enough peer data

—

13F convictionInstitutional breadth & ownership

13F holders

BIPC 367 · med 384 · best 2,989

48th pct

Institutional ownership

BIPC 68.4% · med 76.7% · best 108%

37th pct

Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.

Peer table

Click a column to sort · latest FY

Company	Mkt cap ▼	P/E	EV/EBITDA	P/S	Rev gr	Gross	Net	ROE	ROIC	Net D/EBITDA	13F
GEVGE Vernova Inc.	$249.3B	52.3×	124.5×	6.5×	9.0%	19.8%	12.8%	43.7%	43.4%	0.0×	2,989
NEENEXTERA ENERGY INC	$169.3B	24.6×	—	6.6×	9.8%	—	26.5%	12.5%	4.6%	—	2,911
SOSOUTHERN CO	$95.7B	22.1×	—	3.2×	10.6%	—	14.7%	12.1%	11.8%	—	2,268
DUKDuke Energy Corporatio…	$92.2B	18.8×	10.7×	2.9×	5.6%	—	15.7%	9.6%	3.7%	5.1×	2,360
CEGConstellation Energy C…	$82.0B	35.5×	21.5×	3.2×	8.3%	—	9.1%	16.0%	9.9%	2.2×	1,836
AEPAmerican Electric Powe…	$65.8B	18.3×	12.9×	3.0×	10.9%	—	16.9%	11.9%	4.8%	5.3×	1,854
DDominion Energy, Inc.	$56.5B	18.6×	—	3.4×	14.2%	—	18.2%	10.3%	3.8%	—	1,421
SRESempra	$53.6B	29.9×	—	3.9×	3.9%	—	13.4%	5.8%	5.1%	—	1,217
VSTVistra Corp.	$48.5B	65.8×	17.1×	2.7×	3.0%	—	5.3%	18.5%	3.9%	4.8×	1,246
XELXCEL ENERGY INC	$45.9B	21.5×	—	—	—	—	—	8.5%	3.5%	—	1,208
ETREntergy Corporation	$45.7B	26.4×	13.1×	3.5×	9.0%	—	13.7%	10.5%	3.9%	5.2×	1,224
EXCExelon Corporation	$43.6B	—	11.1×	1.8×	5.3%	—	11.4%	9.6%	3.6%	5.9×	1,230
EDConsolidated Edison, I…	$38.7B	19.0×	—	2.3×	10.9%	—	12.0%	8.4%	4.0%	—	1,368
PEGPublic Service Enterpr…	$35.3B	16.8×	—	2.9×	18.3%	—	17.3%	12.4%	5.3%	—	1,231
WECWEC Energy Group, Inc.	$34.1B	21.8×	14.6×	3.5×	14.0%	66.7%	15.9%	11.1%	4.5%	5.5×	1,310
AEEAmeren Corporation	$28.7B	19.4×	—	3.3×	15.4%	—	16.6%	10.9%	4.5%	—	884
AWKAmerican Water Works C…	$27.0B	24.3×	10.3×	5.3×	10.1%	—	21.7%	10.3%	8.9%	0.6×	1,100
FEFirstEnergy Corp.	$26.4B	26.0×	6.9×	1.8×	12.0%	—	6.8%	8.2%	7.9%	0.1×	894
ATOAtmos Energy Corporati…	$26.2B	21.7×	11.3×	5.6×	12.9%	—	25.5%	8.8%	8.8%	—	961
ESEversource Energy	$25.9B	15.1×	10.0×	1.9×	13.8%	—	12.5%	10.5%	3.8%	5.2×	1,012
PPLPPL Corporation	$25.2B	21.1×	12.4×	2.8×	6.9%	—	13.1%	7.9%	3.5%	5.4×	947
CNPCenterPoint Energy, In…	$25.2B	24.1×	12.7×	2.7×	8.3%	100.0%	11.2%	9.4%	3.3%	5.8×	774
EIXEdison International	$21.4B	4.8×	5.8×	1.1×	9.8%	—	23.1%	25.4%	8.0%	3.7×	1,005
CMSCMS ENERGY CORP	$20.3B	18.8×	12.7×	2.4×	13.6%	—	12.5%	11.7%	3.8%	6.2×	762
NRGNRG Energy, Inc.	$20.2B	26.5×	9.8×	0.7×	9.2%	—	2.8%	51.4%	4.8%	5.1×	1,010
BIPCBrookfield Infrastruct…	$4.4B	—	—	—	—	—	—	—	—	—	367

Peers = companies sharing BIPC's sector (Utilities) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.

Loading peer comparison...

Brookfield Infrastructure Corporation (BIPC)

✓ Strengths

△ Watch

⚠ Risks

Deep analysis

What backs the price

How a revenue dollar becomes profit

Why ROE is —

Debt structure

How profit responds to sales

Common-size income statement

How the ratios & debt developed

Financials

Revenue → Profit Flow

Reverse DCF — what growth does the price assume?

Quality & Risk

Piotroski F-Score

Altman Z-Score

Beneish M-Score

Earnings quality

Solvency

Dividends & Returns

Is the payout covered?

Dividends + buybacks, per year

Debt & Leverage

Capital structure over time

Net debt / EBITDA

Debt servicing

Liquidity

Short-term vs long-term debt

Performance vs. S&P 500

Hover the chart to read any quarter

Annual return vs the market

Cumulative lead over the S&P 500

Drawdown from peak · max -27%

BIPC vs. Utilities peers

Where it ranks

Peer table

Ownership Map

Buy / Sell Volume by Quarter

Institutional Trends (8 Quarters)

Institutional Holders

Institutional Holders

Buy / Sell Volume by Quarter

Institutional Trends (8 Quarters)

Reverse DCF — what growth does the price assume?

Quality & Risk

Piotroski F-Score

Altman Z-Score

Beneish M-Score

Earnings quality

Solvency

Dividends & Returns

Is the payout covered?

Dividends + buybacks, per year

Debt & Leverage

Capital structure over time

Net debt / EBITDA

Debt servicing

Liquidity

Short-term vs long-term debt

Financials

Revenue → Profit Flow

Ownership Map

✓ Strengths

△ Watch

⚠ Risks

Deep analysis

What backs the price

How a revenue dollar becomes profit

Why ROE is —

Debt structure

How profit responds to sales

Common-size income statement

How the ratios & debt developed

BIPC vs. Utilities peers

Where it ranks

Peer table

Performance vs. S&P 500

Hover the chart to read any quarter