BIPH on NYSE
Brookfield Infrastructure Partners
Logo: Brookfield Asset Management, Public domain, via Wikimedia Commons5
Canadian infrastructure management company
Brookfield Infrastructure Partners L.P. is a publicly traded limited partnership with corporate headquarters in Toronto, Canada, that engages in the acquisition and management of infrastructure assets on a global basis. Until a spin-off in January 2008, Brookfield Infrastructure was an operating unit of Brookfield Asset Management, which retains a 30 percent ownership and acts as the partnership's general manager.3 From Wikipedia, CC BY-SA 4.0
$15.31 up 0.16 (1.05%)Price as of Oct 15, 2026 at 19:45 UTC
Last updated Oct 16, 2026.
Overview
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- TickerBIPH on NYSE1
- IndustryInfrastructure asset management1
- HeadquartersHamilton1
- Founded inToronto1
- Websitewww.brookfield.com
- Listed onNew York Stock Exchange (BIP), Toronto Stock Exchange1
- Incorporated inBermuda7
- Business address91 Front Street, First Floor, Hamilton, Hm127
- Filer categoryLarge accelerated filer7
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Brookfield Infrastructure Partners L.P. is a publicly traded limited partnership with corporate headquarters in Toronto, Canada, that engages in the acquisition and management of infrastructure assets on a global basis.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Utilities brought in 52% of the revenue Brookfield Infrastructure Partners broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Utilities | $7.9B | $8.3B | $9.1B |
| Midstream | $4.2B | $4.4B | $5.0B |
| Transport | $2.1B | $2.5B | $2.4B |
| Data | $668.0M | $903.0M | $1.1B |
Regions
United States brought in 28% of the revenue Brookfield Infrastructure Partners broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $4.2B | $5.1B | $6.4B |
| CA [member] | $4.6B | $4.8B | $4.5B |
| India | $1.9B | $2.5B | $3.2B |
| United Kingdoms | $2.2B | $2.4B | $2.5B |
| Aggregated Individually Immaterial Geographical Areas | $1.2B | $2.1B | $1.9B |
| BRMember | $1.5B | $1.4B | $1.7B |
| CO | $996.0M | $1.2B | $1.3B |
| France | $442.0M | $749.0M | $667.0M |
| DEMember | $185.0M | $312.0M | $461.0M |
| AUMember | $678.0M | $543.0M | $453.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs89¢$20.6B
- Profit11¢$2.5B
Out of $23.1B in revenue.6
Where each dollar of operating cash went, fiscal 2025
- Capital spending100¢$6.0B
Out of $6.0B of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.6
Financial statements
No quarterly figures reported.
Every line of the income statement in the latest annual report, as filed.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $2.5B | $1.7B | $1.4B |
| Revaluation surplus | $1.8B | $1.4B | $791.0M |
| Unrealized actuarial gains (losses) | $4.0M | $78.0M | -$8.0M |
| Taxes on the above items | -$405.0M | -$252.0M | -$168.0M |
| Share of (losses) income from investments in associates and joint ventures | -$1.0M | $147.0M | $159.0M |
| Other comprehensive income that will not be reclassified to profit or loss, net of tax | $1.4B | $1.4B | $774.0M |
| Foreign currency translation | $1.8B | -$1.4B | $795.0M |
| Cash flow hedge | -$268.0M | -$8.0M | -$466.0M |
| Net investment hedge | -$179.0M | $41.0M | -$34.0M |
| Taxes on the above items | $60.0M | $39.0M | $61.0M |
| Share of (losses) income from investments in associates and joint ventures | -$371.0M | $214.0M | -$251.0M |
| Other comprehensive income that will be reclassified to profit or loss, net of tax | $997.0M | -$1.1B | $105.0M |
| Total other comprehensive income | $2.4B | $261.0M | $879.0M |
| Comprehensive income | $4.9B | $1.9B | $2.3B |
| Limited partners | $1.0B | $159.0M | $321.0M |
| General partner | $324.0M | $295.0M | $267.0M |
| Redeemable Partnership Units held by Brookfield | $417.0M | $65.0M | $132.0M |
| BIPC exchangeable shares and class A.2 exchangeable shares | $289.0M | $44.0M | $83.0M |
| Exchangeable units | $12.0M | $2.0M | $5.0M |
| Interest of others in operating subsidiaries | $2.9B | $1.4B | $1.5B |
No quarterly figures reported.
Every line of the balance sheet in the latest annual report, as filed.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $3.2B | $2.1B | $1.9B |
| Financial assets | $512.0M | $669.0M | |
| Accounts receivable and other | $5.3B | $4.5B | |
| Inventory | $583.0M | $454.0M | |
| Assets classified as held for sale | $2.3B | $2.0B | |
| Current assets | $12.0B | $9.6B | |
| Property, plant and equipment | $66.8B | $50.8B | |
| Intangible assets | $15.8B | $14.5B | |
| Investments in associates and joint ventures | $6.4B | $5.7B | $5.4B |
| Investment properties | $2.8B | $5.1B | $4.3B |
| Goodwill | $19.2B | $14.1B | |
| Financial assets | $493.0M | $726.0M | |
| Other assets | $4.6B | $3.9B | |
| Deferred income tax asset | $208.0M | $120.0M | |
| Total assets | $128.2B | $104.6B | |
| Accounts payable and other | $6.9B | $5.8B | |
| Corporate borrowings | $735.0M | $850.0M | |
| Non-recourse borrowings | $6.0B | $2.8B | |
| Financial liabilities | $330.0M | $248.0M | |
| Liabilities directly associated with assets classified as held for sale | $1.3B | $1.2B | |
| Current liabilities | $15.3B | $10.9B | |
| Corporate borrowings | $4.2B | $3.7B | |
| Non-recourse borrowings | $53.5B | $43.7B | |
| Financial liabilities | $3.1B | $2.5B | |
| Other liabilities | $6.7B | $6.2B | |
| Deferred income tax liability | $9.8B | $7.7B | |
| Preferred shares | $20.0M | $20.0M | |
| Total liabilities associated with assets held for sale | $92.6B | $74.7B | |
| Limited partners | $4.9B | $4.7B | |
| General partner | $25.0M | $27.0M | |
| Redeemable Partnership Units held by Brookfield | $2.0B | $1.9B | |
| BIPC exchangeable shares and class A.2 exchangeable shares | $1.4B | $1.4B | |
| Exchangeable units | $61.0M | $62.0M | |
| Perpetual subordinated notes | $293.0M | $293.0M | |
| Interest of others in operating subsidiaries | $26.1B | $20.6B | |
| Preferred unitholders | $729.0M | $918.0M | |
| Total partnership capital | $35.5B | $29.9B | $34.0B |
| Total liabilities and partnership capital | $128.2B | $104.6B | |
| Non-Controlling Interest in Operating Subsidiaries | $1.8B | $1.7B |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $2.5B | $1.7B | $1.4B |
| Earnings from investments in associates and joint ventures, net of distributions received | $485.0M | -$156.0M | $323.0M |
| Depreciation and amortization expense | $4.0B | $3.6B | $2.7B |
| Mark-to-market, provisions and other | -$506.0M | $32.0M | $201.0M |
| Deferred income tax expense (recovery) | -$156.0M | -$324.0M | $5.0M |
| Changes in non-cash working capital, net | -$408.0M | -$226.0M | -$638.0M |
| Cash from operating activities | $6.0B | $4.7B | $4.1B |
| Acquisition of subsidiaries, net of cash acquired | -$10.0B | -$2.5B | -$10.7B |
| Disposal of subsidiaries and assets held for sale, net of cash disposed | $2.8B | $77.0M | $602.0M |
| Investments in associates and joint ventures | -$1.0B | -$350.0M | -$1.1B |
| Disposal of investments in associates and joint ventures | $1.4B | $0 | $1.1B |
| Purchase of long lived assets | -$6.0B | -$5.0B | -$2.5B |
| Disposal of long lived assets | $321.0M | $609.0M | $162.0M |
| Purchase of financial assets | -$227.0M | -$677.0M | -$524.0M |
| Sale of financial assets | $322.0M | $1.0B | $715.0M |
| Net settlement of foreign exchange hedging items | -$113.0M | $37.0M | $0 |
| Other investing activities | -$108.0M | -$126.0M | -$720.0M |
| Cash used by investing activities | -$12.7B | -$6.9B | -$13.0B |
| Distributions to general partner | -$324.0M | -$296.0M | -$269.0M |
| Distributions to other unitholders | -$1.4B | -$1.3B | -$1.2B |
| Subsidiary distributions to non-controlling interest | -$2.5B | -$1.5B | -$2.2B |
| Capital provided by (to) non-controlling interest | $5.1B | -$1.7B | $8.2B |
| Disposal of partial interest to non-controlling interest, net of taxes. | $202.0M | $0 | $124.0M |
| Net (repayment) proceeds from commercial paper program | -$115.0M | -$139.0M | $525.0M |
| Proceeds from corporate borrowings | $678.0M | $448.0M | $513.0M |
| Repayment of corporate borrowings | $0 | -$531.0M | $0 |
| Proceeds from corporate credit facility | $2.5B | $2.8B | $6.3B |
| Repayment of corporate credit facility | -$2.8B | -$2.8B | -$6.2B |
| Proceeds from non-recourse borrowings | $16.2B | $24.3B | $13.7B |
| Repayment of non-recourse borrowings | -$8.2B | -$15.6B | -$9.2B |
| Net preferred units redeemed | -$181.0M | $0 | $0 |
| Partnership units (repurchased) issued, net of costs and issuances | -$9.0M | $11.0M | -$13.0M |
| Lease liability repaid | -$499.0M | -$415.0M | -$283.0M |
| Other financing activities | -$744.0M | -$733.0M | -$495.0M |
| Cash from financing activities | $7.8B | $2.6B | $9.4B |
| Change during the year | $1.1B | $364.0M | $507.0M |
| Impact of foreign exchange on cash | $47.0M | -$150.0M | $71.0M |
| Cash reclassified as held for sale | -$45.0M | $0 | $0 |
Compare Brookfield Infrastructure Partners with another company
Products and brands
- public utility
Listed on Wikidata.1
After the spin-off from Brookfield Asset Management, Brookfield Infrastructure operated timber properties and electricity transmission lines. In September 2008, the company announced it would expand and diversify its global operations by buying infrastructure holdings from distressed Babcock & Brown, thus adding approximately US$8 billion of assets under management.
In 2010 the company completed a merger with Australian company Prime Infrastructure in which it held a minority interest.
In 2012, the company participated in a joint venture with Spain's Abertis Infraestructuras to purchase 60 percent of toll operator Obrascon Huarte Lain Brasil in a deal valued at US$1.7 billion.
Also in 2012, the company and its partners agreed to acquire the remaining 45% of the AVN toll road in Chile for a total purchase price of $590-million, after making an initial investment in 2011.
Read the full text
In 2014, the company and its investment partners agreed to acquire 50% of the French telecommunications units of TDF for $2.2 billion.
In 2016, the company announced agreements with Qube Holdings and other investment partners to buy the port assets of Asciano Limited, an Australian rail and port operator, for US $6.55 billion, (A$8.9 billion). The container port assets remained under the Patrick brand in a joint venture with Qube, while the bulk and automotive port services assets rebranded to Linx Cargo Care Group under a Brookfield-led consortium of investment partners. That same year, the company also announced that it and its investment partners would acquire a 90% stake in a Brazilian natural gas pipeline from Petroleo Brasileiro SA for US $5.2 billion.
The company made over $2 billion of new investments in 2016, including its first ventures into businesses in Peru and India. The company also invested in organic projects valued at $850 million, growing the size of its utilities rate base, road and rail networks and energy systems.
In 2022, the company announced an initiative with Intel to jointly invest up to $30 billion at a chip manufacturing plant in Chandler, Arizona.
As of December 31, 2022, BIP declared majority ownership and/or controlling voting interest in the following companies:
The following table lists prior acquisitions by BIP:
From Wikipedia’s article on Brookfield Infrastructure Partners, shared under CC BY-SA 4.0.8
Subsidiaries and ownership
Parent company
Also owns
- Genesee & Wyoming since Dec 2019
From Wikidata.1
Acquisitions
- Dec 2019Acquired Genesee & Wyoming1
Timeline
- 2008Founded Founded in Toronto1
Recent filings
- Oct 14, 20266-K
- Aug 31, 20266-K
- Aug 28, 20266-K
- Aug 5, 20266-K
- Aug 5, 2026SCHEDULE 13G/A
- Aug 5, 20266-K
- Jul 23, 2026SCHEDULE 13D/A
- Jul 22, 20266-K
- May 15, 2026SCHEDULE 13G/A
- May 14, 2026SCHEDULE 13G/A
- May 12, 2026SCHEDULE 13G/A
- May 8, 20266-K
- May 5, 20264 OWNERSHIP DOCUMENT
- May 5, 20264 OWNERSHIP DOCUMENT
- Mar 23, 20263 OWNERSHIP DOCUMENT
Every filing from the last three years, summarized. The full record is on SEC EDGAR.2
Links
- Websitewww.brookfield.com1
- WikipediaBrookfield Infrastructure Partners
- WikidataQ13529408
- SEC EDGARCIK 1406234
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 4Yahoo FinanceBIPH quote
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