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Brookfield Infrastructure Past Earnings Performance

Past criteria checks 0/6

Brookfield Infrastructure has been growing earnings at an average annual rate of 30.3%, while the Gas Utilities industry saw earnings growing at 4.7% annually. Revenues have been growing at an average rate of 16.7% per year.

Key information

30.3%

Earnings growth rate

42.8%

EPS growth rate

Gas Utilities Industry Growth	8.1%
Revenue growth rate	16.7%
Return on equity	-0.9%
Net Margin	-18.8%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Brookfield Infrastructure makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:BIPC Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	3,639	-685	74
30 Jun 24	3,278	1,205	69
31 Mar 24	2,908	440	69
31 Dec 23	2,503	111	67
30 Sep 23	2,078	903	64
30 Jun 23	1,981	219	65
31 Mar 23	1,922	1,166	65
31 Dec 22	1,886	1,094	69
30 Sep 22	1,808	260	71
30 Jun 22	1,768	153	66
31 Mar 22	1,705	-563	59
31 Dec 21	1,643	-368	49
30 Sep 21	1,604	-201	42
30 Jun 21	1,539	-624	39
31 Mar 21	1,445	-847	37
31 Dec 20	1,430	-552	33
30 Sep 20	1,461	-399	32
30 Jun 20	1,518	-48	31
31 Mar 20	1,600	266	30
31 Dec 19	1,619	197	30
30 Sep 19	1,591	190	27
30 Jun 19	1,563	184	25
31 Mar 19	1,562	193	24
31 Dec 18	1,561	202	24
31 Dec 17	1,323	207	25
31 Dec 16	347	45	9

Quality Earnings: BIPC is currently unprofitable.

Growing Profit Margin: BIPC is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BIPC is unprofitable, but has reduced losses over the past 5 years at a rate of 30.3% per year.

Accelerating Growth: Unable to compare BIPC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BIPC is unprofitable, making it difficult to compare its past year earnings growth to the Gas Utilities industry (-4.7%).

Return on Equity

High ROE: BIPC has a negative Return on Equity (-0.89%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 08:58
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Brookfield Infrastructure Corporation is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Asit Sen	BofA Global Research
Frederic Bastien	Raymond James Ltd.
Jonathan Reeder	Wells Fargo Securities, LLC

This company listing is no longer active

Brookfield Infrastructure Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: US$6.83 loss per share (vs US$6.39 profit in 3Q 2023)

Second quarter 2024 earnings released: EPS: US$3.43 (vs US$2.43 loss in 2Q 2023)

Brookfield Infrastructure Corporation to Report Q2, 2024 Results on Aug 01, 2024

First quarter 2024 earnings released: EPS: US$0.20 (vs US$2.67 loss in 1Q 2023)

Brookfield Infrastructure Corporation to Report Q1, 2024 Results on May 01, 2024

Full year 2023 earnings released: EPS: US$0.78 (vs US$9.71 in FY 2022)

Recent updates

Upcoming dividend of US$0.41 per share

Third quarter dividend of US$0.41 announced

Third quarter 2024 earnings released: US$6.83 loss per share (vs US$6.39 profit in 3Q 2023)

Upcoming dividend of US$0.41 per share

New minor risk - Earnings quality

Second quarter 2024 earnings released: EPS: US$3.43 (vs US$2.43 loss in 2Q 2023)

Brookfield Infrastructure Corporation to Report Q2, 2024 Results on Aug 01, 2024

Insufficient new directors

Upcoming dividend of US$0.41 per share

First quarter dividend of US$0.41 announced

Brookfield Infrastructure Corporation Declares Quarterly Dividend, Payable on June 28, 2024

First quarter 2024 earnings released: EPS: US$0.20 (vs US$2.67 loss in 1Q 2023)

Brookfield Infrastructure Corporation to Report Q1, 2024 Results on May 01, 2024

Brookfield Infrastructure Corporation, Annual General Meeting, Jun 18, 2024

Full year 2023 earnings released: EPS: US$0.78 (vs US$9.71 in FY 2022)

Upcoming dividend of US$0.41 per share

Fourth quarter dividend of US$0.41 announced

Full year 2023 earnings released: EPS: US$0.78 (vs US$9.71 in FY 2022)

New minor risk - Earnings quality

Upcoming dividend of US$0.38 per share at 4.8% yield

Investor sentiment improves as stock rises 16%

Third quarter 2023 earnings released: EPS: US$8.10 (vs US$2.03 in 3Q 2022)

Brookfield Infrastructure Corporation to Report Q3, 2023 Results on Nov 01, 2023

New minor risk - Shareholder dilution

Upcoming dividend of US$0.38 per share at 4.0% yield

Second quarter 2023 earnings released: US$2.43 loss per share (vs US$5.98 profit in 2Q 2022)

Upcoming dividend of US$0.38 per share at 3.2% yield

First quarter 2023 earnings released: US$2.67 loss per share (vs US$3.34 loss in 1Q 2022)

Full year 2022 earnings released: EPS: US$9.71 (vs US$3.30 loss in FY 2021)

Upcoming dividend of US$0.38 per share at 3.5% yield

Full year 2022 earnings released: EPS: US$9.71 (vs US$3.30 loss in FY 2021)

Brookfield Infrastructure Corporation Declares Quarterly Distribution, Payable on March 31, 2023

Upcoming dividend of US$0.36 per share

Third quarter 2022 earnings released: EPS: US$2.03 (vs US$1.27 in 3Q 2021)

High number of new and inexperienced directors

Third quarter 2022 earnings released: EPS: US$2.03 (vs US$1.27 in 3Q 2021)

Now 21% undervalued

Upcoming dividend of US$0.36 per share

Second quarter 2022 earnings released: EPS: US$6.02 (vs US$0.63 loss in 2Q 2021)

Brookfield Infrastructure Corporation Declares Equivalent Quarterly Dividend, Payable on September 29, 2022

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.54 per share

First quarter 2022 earnings released: US$4.98 loss per share (vs US$3.84 loss in 1Q 2021)

Brookfield Infrastructure Partners L.P. and Brookfield Infrastructure Corporation Declare Quarterly Distribution, Payable on June 30, 2022

High number of new and inexperienced directors

Brookfield Infrastructure Corporation, Annual General Meeting, Jun 16, 2022

Full year 2021 earnings: Revenues in line with analyst expectations

Upcoming dividend of US$0.54 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Brookfield Infrastructure Corporation Declarers Quarterly Distribution, Payable on March 31, 2022

Upcoming dividend of US$0.51 per share

Third quarter 2021 earnings released: EPS US$2.63 (vs US$6.49 loss in 3Q 2020)

Upcoming dividend of US$0.51 per share

Second quarter 2021 earnings released: US$0.93 loss per share (vs US$5.73 loss in 2Q 2020)

Brookfield Infrastructure Corporation(NYSE:BIPC) dropped from Russell 2500 Growth Index

Upcoming dividend of US$0.51 per share

Brookfield Infrastructure Corporation Declares Quarterly Dividend, Payable on June 30, 2021

First quarter 2021 earnings released: US$3.84 loss per share (vs US$2.52 profit in 1Q 2020)

New 90-day high: CA$94.93

Managing Partner of Infrastructure & CFO has left the company

Upcoming Dividend of US$0.51 Per Share

New 90-day low: CA$80.47

Revenue misses expectations

Full year 2020 earnings released: US$11.90 loss per share

Brookfield Infrastructure Corporation(NYSE:BIPC) dropped from S&P International 700

New 90-day high: CA$93.44

Insider recently sold CA$1.0m worth of stock