BIP Financial Statements

Balance sheet, income statement, cash flow, and dividends for Brookfield Infrastructure Partners Lp (BIP).


$14.67B Market Cap.

As of 03/24/2025 5:00 PM ET (MRY) • Disclaimer

BIP Market Cap. (MRY)


BIP Shares Outstanding (MRY)


BIP Assets (MRY)


Total Assets

$104.59B

Total Liabilities

$74.74B

Total Investments

$7.07B

BIP Income (MRY)


Revenue

$21.04B

Net Income

$391.00M

Operating Expense

$405.00M

BIP Cash Flow (MRY)


CF Operations

$4.65B

CF Investing

-$6.90B

CF Financing

$2.61B

BIP Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$1.63

5.10%

6.21%

4062.50%

0.02

2023

$1.53

4.90%

6.25%

1092.86%

0.09

2022

$1.44

4.60%

5.88%

1028.57%

0.10

2021

$1.36

3.40%

-67.54%

117.24%

0.85

2020

$4.19

12.70%

-

1821.74%

0.05

BIP Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$104,590,000,000 (3.78%)

$100,784,000,000 (38.12%)

$72,969,000,000 (-1.34%)

$73,961,000,000 (20.59%)

Assets Current

$9,607,000,000 (20.40%)

$7,979,000,000 (19.34%)

$6,686,000,000 (36.56%)

$4,896,000,000 (31.93%)

Assets Non-Current

$94,983,000,000 (2.35%)

$92,805,000,000 (40.01%)

$66,283,000,000 (-4.03%)

$69,065,000,000 (19.86%)

Goodwill & Intangible Assets

$28,622,000,000 (-5.64%)

$30,333,000,000 (47.17%)

$20,611,000,000 (-11.13%)

$23,193,000,000 (26.04%)

Shareholders Equity

$7,066,000,000 (-10.24%)

$7,872,000,000 (-1.24%)

$7,971,000,000 (-4.25%)

$8,325,000,000 (38.01%)

Property Plant & Equipment Net

$50,847,000,000 (4.74%)

$48,546,000,000 (30.18%)

$37,291,000,000 (-3.53%)

$38,655,000,000 (22.39%)

Cash & Equivalents

$2,071,000,000 (11.52%)

$1,857,000,000 (45.19%)

$1,279,000,000 (-9.03%)

$1,406,000,000 (62.17%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$7,067,000,000 (1.79%)

$6,943,000,000 (-6.66%)

$7,438,000,000 (23.95%)

$6,001,000,000 (-13.47%)

Investments Current

$669,000,000 (-28.37%)

$934,000,000 (-32.90%)

$1,392,000,000 (88.11%)

$740,000,000 (6.02%)

Investments Non-Current

$6,398,000,000 (6.47%)

$6,009,000,000 (-0.61%)

$6,046,000,000 (14.92%)

$5,261,000,000 (-15.65%)

Inventory

$454,000,000 (-11.33%)

$512,000,000 (-3.58%)

$531,000,000 (32.75%)

$400,000,000 (81.00%)

Trade & Non-Trade Receivables

$4,455,000,000 (-4.73%)

$4,676,000,000 (77.93%)

$2,628,000,000 (19.24%)

$2,204,000,000 (14.49%)

Trade & Non-Trade Payables

$5,758,000,000 (6.59%)

$5,402,000,000 (20.63%)

$4,478,000,000 (11.42%)

$4,019,000,000 (22.64%)

Accumulated Retained Earnings (Deficit)

-

-

-

-

Tax Assets

$120,000,000 (12.15%)

$107,000,000 (-3.60%)

$111,000,000 (-30.63%)

$160,000,000 (29.03%)

Tax Liabilities

$7,667,000,000 (-2.99%)

$7,903,000,000 (32.27%)

$5,975,000,000 (-0.60%)

$6,011,000,000 (30.33%)

Total Debt

$53,874,000,000 (10.65%)

$48,690,000,000 (50.74%)

$32,300,000,000 (-0.59%)

$32,493,000,000 (22.37%)

Debt Current

$3,936,000,000 (-37.55%)

$6,303,000,000 (84.24%)

$3,421,000,000 (-26.30%)

$4,642,000,000 (106.59%)

Debt Non-Current

$49,938,000,000 (17.81%)

$42,387,000,000 (46.77%)

$28,879,000,000 (3.69%)

$27,851,000,000 (14.59%)

Total Liabilities

$74,737,000,000 (11.94%)

$66,768,000,000 (40.82%)

$47,415,000,000 (-0.33%)

$47,570,000,000 (19.95%)

Liabilities Current

$10,903,000,000 (-6.85%)

$11,705,000,000 (39.73%)

$8,377,000,000 (-3.28%)

$8,661,000,000 (56.79%)

Liabilities Non-Current

$63,834,000,000 (15.93%)

$55,063,000,000 (41.05%)

$39,038,000,000 (0.33%)

$38,909,000,000 (13.99%)

BIP Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$21,039,000,000 (17.33%)

$17,931,000,000 (24.29%)

$14,427,000,000 (25.05%)

$11,537,000,000 (29.85%)

Cost of Revenue

$15,676,000,000 (16.38%)

$13,470,000,000 (28.16%)

$10,510,000,000 (27.44%)

$8,247,000,000 (25.95%)

Selling General & Administrative Expense

$405,000,000 (-1.94%)

$413,000,000 (-4.62%)

$433,000,000 (6.65%)

$406,000,000 (30.13%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$405,000,000 (-1.94%)

$413,000,000 (-4.62%)

$433,000,000 (6.65%)

$406,000,000 (30.13%)

Interest Expense

$3,387,000,000 (35.43%)

$2,501,000,000 (34.82%)

$1,855,000,000 (26.36%)

$1,468,000,000 (24.51%)

Income Tax Expense

$270,000,000 (-53.53%)

$581,000,000 (3.75%)

$560,000,000 (-8.79%)

$614,000,000 (111.00%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$1,683,000,000 (16.23%)

$1,448,000,000 (5.31%)

$1,375,000,000 (-49.43%)

$2,719,000,000 (200.77%)

Net Income to Non-Controlling Interests

$1,292,000,000 (27.17%)

$1,016,000,000 (4.96%)

$968,000,000 (-40.47%)

$1,626,000,000 (218.82%)

Net Income

$391,000,000 (-9.49%)

$432,000,000 (6.14%)

$407,000,000 (-62.76%)

$1,093,000,000 (177.41%)

Preferred Dividends Income Statement Impact

$294,000,000 (10.94%)

$265,000,000 (10.42%)

$240,000,000 (14.29%)

$210,000,000 (14.75%)

Net Income Common Stock

$57,000,000 (-44.12%)

$102,000,000 (0.99%)

$101,000,000 (-81.83%)

$556,000,000 (294.33%)

Weighted Average Shares

$461,343,972 (0.65%)

$458,380,315 (0.11%)

$457,898,247 (3.33%)

$443,144,980 (0.65%)

Weighted Average Shares Diluted

-

-

-

-

Earning Before Interest & Taxes (EBIT)

$4,048,000,000 (15.20%)

$3,514,000,000 (24.52%)

$2,822,000,000 (-11.12%)

$3,175,000,000 (70.33%)

Gross Profit

$5,363,000,000 (20.22%)

$4,461,000,000 (13.89%)

$3,917,000,000 (19.06%)

$3,290,000,000 (40.78%)

Operating Income

$4,958,000,000 (22.48%)

$4,048,000,000 (16.19%)

$3,484,000,000 (20.80%)

$2,884,000,000 (42.42%)

BIP Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$6,901,000,000 (46.87%)

-$12,990,000,000 (-286.03%)

-$3,365,000,000 (-186.87%)

-$1,173,000,000 (74.55%)

Net Cash Flow from Financing

$2,612,000,000 (-72.27%)

$9,419,000,000 (16719.64%)

$56,000,000 (105.63%)

-$995,000,000 (-146.80%)

Net Cash Flow from Operations

$4,653,000,000 (14.10%)

$4,078,000,000 (30.25%)

$3,131,000,000 (12.95%)

$2,772,000,000 (9.57%)

Net Cash Flow / Change in Cash & Cash Equivalents

$364,000,000 (-28.21%)

$507,000,000 (384.83%)

-$178,000,000 (-129.47%)

$604,000,000 (1185.11%)

Net Cash Flow - Business Acquisitions and Disposals

-$2,796,000,000 (72.42%)

-$10,136,000,000 (-1065.06%)

-$870,000,000 (-212.55%)

$773,000,000 (125.52%)

Net Cash Flow - Investment Acquisitions and Disposals

$387,000,000 (102.62%)

$191,000,000 (-20.08%)

$239,000,000 (563.89%)

$36,000,000 (123.38%)

Capital Expenditure

-$4,366,000,000 (-87.78%)

-$2,325,000,000 (14.96%)

-$2,734,000,000 (-37.94%)

-$1,982,000,000 (-38.99%)

Issuance (Repayment) of Debt Securities

$8,156,000,000 (51.85%)

$5,371,000,000 (58.72%)

$3,384,000,000 (163.76%)

$1,283,000,000 (-14.92%)

Issuance (Purchase) of Equity Shares

$11,000,000 (184.62%)

-$13,000,000 (-200.00%)

$13,000,000 (-98.79%)

$1,073,000,000 (11822.22%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$150,000,000 (-311.27%)

$71,000,000 (-19.32%)

$88,000,000 (235.38%)

-$65,000,000 (-828.57%)

Share Based Compensation

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Depreciation Amortization & Accretion

$3,644,000,000 (33.04%)

$2,739,000,000 (26.92%)

$2,158,000,000 (5.99%)

$2,036,000,000 (19.41%)

BIP Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

25.50% (2.41%)

24.90% (-8.46%)

27.20% (-4.56%)

28.50% (8.37%)

Profit Margin

0.30% (-50.00%)

0.60% (-14.29%)

0.70% (-85.42%)

4.80% (200.00%)

EBITDA Margin

36.60% (4.87%)

34.90% (1.16%)

34.50% (-23.67%)

45.20% (12.44%)

Return on Average Equity (ROAE)

0.80% (-38.46%)

1.30% (0.00%)

1.30% (-83.75%)

8.00% (220.00%)

Return on Average Assets (ROAA)

0.10% (0.00%)

0.10% (0.00%)

0.10% (-87.50%)

0.80% (166.67%)

Return on Sales (ROS)

19.20% (-2.04%)

19.60% (0.00%)

19.60% (-28.73%)

27.50% (30.95%)

Return on Invested Capital (ROIC)

3.50% (-7.89%)

3.80% (0.00%)

3.80% (-20.83%)

4.80% (41.18%)

Dividend Yield

5.10% (4.08%)

4.90% (6.52%)

4.60% (35.29%)

3.40% (-73.23%)

Price to Earnings Ratio (P/E)

794.75 (253.33%)

224.93 (1.61%)

221.36 (533.39%)

34.95 (-75.59%)

Price to Sales Ratio (P/S)

0.7 (-13.42%)

0.81 (-18.19%)

0.98 (-36.80%)

1.56 (-4.60%)

Price to Book Ratio (P/B)

2.08 (13.20%)

1.83 (3.03%)

1.78 (-17.52%)

2.16 (-10.23%)

Debt to Equity Ratio (D/E)

10.58 (24.70%)

8.48 (42.60%)

5.95 (4.10%)

5.71 (-13.10%)

Earnings Per Share (EPS)

0.04 (-71.43%)

0.14 (0.00%)

0.14 (-87.93%)

1.16 (404.35%)

Sales Per Share (SPS)

45.6 (16.58%)

39.12 (24.16%)

31.51 (21.02%)

26.03 (29.01%)

Free Cash Flow Per Share (FCFPS)

0.62 (-83.73%)

3.82 (341.06%)

0.87 (-51.37%)

1.78 (-28.88%)

Book Value Per Share (BVPS)

15.32 (-10.82%)

17.17 (-1.34%)

17.41 (-7.34%)

18.79 (37.12%)

Tangible Assets Book Value Per Share (TABVPS)

164.67 (7.14%)

153.7 (34.42%)

114.34 (-0.19%)

114.56 (17.50%)

Enterprise Value Over EBIT (EV/EBIT)

17 (0.00%)

17 (6.25%)

16 (6.67%)

15 (-31.82%)

Enterprise Value Over EBITDA (EV/EBITDA)

8.98 (-6.13%)

9.57 (7.75%)

8.88 (-5.27%)

9.37 (-17.12%)

Asset Turnover

0.2 (2.53%)

0.2 (1.54%)

0.2 (14.04%)

0.17 (6.88%)

Current Ratio

0.88 (29.18%)

0.68 (-14.54%)

0.8 (41.24%)

0.56 (-15.92%)

Dividends

$1.63 (6.21%)

$1.53 (6.25%)

$1.44 (5.88%)

$1.36 (-67.54%)

Free Cash Flow (FCF)

$287,000,000 (-83.63%)

$1,753,000,000 (341.56%)

$397,000,000 (-49.75%)

$790,000,000 (-28.44%)

Enterprise Value (EV)

$69,079,124,870 (15.47%)

$59,824,396,119 (35.29%)

$44,219,266,675 (-9.46%)

$48,840,097,509 (21.01%)

Earnings Before Tax (EBT)

$661,000,000 (-34.75%)

$1,013,000,000 (4.76%)

$967,000,000 (-43.35%)

$1,707,000,000 (149.20%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$7,692,000,000 (23.01%)

$6,253,000,000 (25.56%)

$4,980,000,000 (-4.43%)

$5,211,000,000 (46.01%)

Invested Capital

$116,868,000,000 (10.69%)

$105,579,000,000 (40.77%)

$75,002,000,000 (2.47%)

$73,194,000,000 (16.01%)

Working Capital

-$1,296,000,000 (65.22%)

-$3,726,000,000 (-120.34%)

-$1,691,000,000 (55.09%)

-$3,765,000,000 (-107.67%)

Tangible Asset Value

$75,968,000,000 (7.83%)

$70,451,000,000 (34.56%)

$52,358,000,000 (3.13%)

$50,768,000,000 (18.26%)

Market Capitalization

$14,666,124,870 (1.61%)

$14,434,396,119 (1.72%)

$14,190,266,675 (-21.01%)

$17,965,097,509 (23.89%)

Average Equity

$7,259,000,000 (-5.33%)

$7,668,000,000 (-4.78%)

$8,053,250,000 (15.89%)

$6,949,250,000 (24.07%)

Average Assets

$103,496,500,000 (14.32%)

$90,529,500,000 (22.53%)

$73,884,250,000 (9.49%)

$67,483,250,000 (21.76%)

Invested Capital Average

$116,149,250,000 (26.35%)

$91,923,250,000 (24.08%)

$74,081,000,000 (12.17%)

$66,043,250,000 (19.15%)

Shares

461,343,972 (0.65%)

458,380,315 (0.11%)

457,898,247 (3.33%)

443,144,980 (0.65%)