Brookfield Infrastructure Past Earnings Performance
Past criteria checks 2/6
Brookfield Infrastructure has been growing earnings at an average annual rate of 29.6%, while the Gas Utilities industry saw earnings growing at 8.7% annually. Revenues have been growing at an average rate of 10.3% per year. Brookfield Infrastructure's return on equity is 34.2%, and it has net margins of 15.1%.
Key information
29.6%
Earnings growth rate
55.7%
EPS growth rate
| Gas Utilities Industry Growth | 8.1% |
| Revenue growth rate | 10.3% |
| Return on equity | 34.2% |
| Net Margin | 15.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Brookfield Infrastructure makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 2,908 | 440 | 69 | 0 |
| 31 Dec 23 | 2,503 | 111 | 67 | 0 |
| 30 Sep 23 | 2,078 | 903 | 64 | 0 |
| 30 Jun 23 | 1,981 | 219 | 65 | 0 |
| 31 Mar 23 | 1,922 | 1,166 | 65 | 0 |
| 31 Dec 22 | 1,886 | 1,094 | 69 | 0 |
| 30 Sep 22 | 1,808 | 260 | 71 | 0 |
| 30 Jun 22 | 1,768 | 153 | 66 | 0 |
| 31 Mar 22 | 1,705 | -563 | 59 | 0 |
| 31 Dec 21 | 1,643 | -368 | 49 | 0 |
| 30 Sep 21 | 1,604 | -201 | 42 | 0 |
| 30 Jun 21 | 1,539 | -624 | 39 | 0 |
| 31 Mar 21 | 1,445 | -847 | 37 | 0 |
| 31 Dec 20 | 1,430 | -552 | 33 | 0 |
| 30 Sep 20 | 1,461 | -399 | 32 | 0 |
| 30 Jun 20 | 1,518 | -48 | 31 | 0 |
| 31 Mar 20 | 1,600 | 266 | 30 | 0 |
| 31 Dec 19 | 1,619 | 197 | 30 | 0 |
| 30 Sep 19 | 1,591 | 190 | 27 | 0 |
| 30 Jun 19 | 1,563 | 184 | 25 | 0 |
| 31 Mar 19 | 1,562 | 193 | 24 | 0 |
| 31 Dec 18 | 1,561 | 202 | 24 | 0 |
| 31 Dec 17 | 1,323 | 207 | 25 | 0 |
| 31 Dec 16 | 347 | 45 | 9 | 0 |
Quality Earnings: BIPC has high quality earnings.
Growing Profit Margin: BIPC's current net profit margins (15.1%) are lower than last year (60.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BIPC's earnings have grown significantly by 29.6% per year over the past 5 years.
Accelerating Growth: BIPC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BIPC had negative earnings growth (-62.3%) over the past year, making it difficult to compare to the Gas Utilities industry average (-11.2%).
Return on Equity
High ROE: Whilst BIPC's Return on Equity (34.23%) is high, this metric is skewed due to their high level of debt.