The full income statement, balance sheet, and cash-flow statement for Brookfield Infrastructure Partners LP Limited Partnership Units (BIP), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
Source: BIP's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BIP filings on SEC EDGAR → Not investment advice.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 23.1B YoY+9.8% | 21.0B YoY+17.3% | 17.9B YoY+24.3% | 14.4B YoY+25.0% | 11.5B YoY+29.8% | |
| Cost of revenue | 16.9B YoY+7.7% | 15.7B YoY+16.4% | 13.5B YoY+28.2% | 10.5B YoY+27.4% | 8.25B YoY+25.9% | |
| Operating income | 5.80B YoY+16.9% | 4.96B YoY+22.5% | 4.05B YoY+16.2% | 3.48B YoY+20.8% | 2.88B YoY+42.4% | |
| Pre-tax income | 3.12B YoY+59.8% | 1.95B YoY-3.7% | 2.03B YoY+4.9% | 1.94B YoY-41.9% | 3.33B YoY+178.9% | |
| Income tax | 589M YoY+118.1% | 270M YoY-53.5% | 581M YoY+3.8% | 560M YoY-8.8% | 614M YoY+111.0% | |
| Net income | 2.53B YoY+50.4% | 1.68B YoY+16.2% | 1.45B YoY+5.3% | 1.38B YoY-49.4% | 2.72B YoY+200.8% | |
$0.90 YoY+2150.0% | $0.04 YoY-71.4% | $0.14 YoY+0.0% | $0.14 YoY-87.9% | $1.16 YoY+404.3% | ||
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
12.0B YoY+24.7% | 9.61B YoY+20.4% | 7.98B YoY+19.3% | 6.69B YoY+36.6% | 4.90B YoY+31.9% | ||
128B YoY+22.5% | 105B YoY+3.8% | 101B YoY+38.1% | 73.0B YoY-1.3% | 74.0B YoY+20.6% | ||
15.3B YoY+40.0% | 10.9B YoY-6.9% | 11.7B YoY+39.7% | 8.38B YoY-3.3% | 8.66B YoY+56.8% | ||
| Total liabilities | 92.6B YoY+23.9% | 74.7B YoY+11.9% | 66.8B YoY+40.8% | 47.4B YoY-0.3% | 47.6B YoY+20.0% | |
35.5B YoY+19.1% | 29.9B YoY-12.2% | 34.0B YoY+33.1% | 25.6B YoY-3.2% | 26.4B YoY+21.8% | ||
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
5.97B YoY+28.3% | 4.65B YoY+14.1% | 4.08B YoY+30.2% | 3.13B YoY+13.0% | 2.77B YoY+9.6% | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 678M YoY+51.3% | 448M YoY-12.7% | 513M YoY-48.4% | 995M YoY+307.8% | 244M YoY-62.9% | |
| Long-term debt repaid | 0.00 YoY-100.0% | 531M | 0.00 | 0.00 | 0.00 YoY-100.0% | |
| Common stock issued | 49.0M YoY+345.5% | 11.0M YoY-98.6% | 763M YoY+5769.2% | 13.0M YoY-98.8% | 1.07B YoY+11822.2% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 1.68B YoY+6.7% | 1.58B YoY+8.5% | 1.45B YoY+7.5% | 1.35B YoY+13.6% | 1.19B YoY+9.9% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 28.2B | — | — | — | — | |
| P/E | 11.1× YoY-98.6% | 794.8× YoY+253.3% | 224.9× YoY+741.9% | 26.7× YoY-23.6% | 34.9× YoY+116.5% | |
| P/S | 1.2× | — | — | — | — | |
| P/B | 0.8× | — | — | — | — | |
9.0% YoY+7043.5% | 0.13% YoY-71.7% | 0.44% YoY-88.1% | 3.7% YoY+30.8% | 2.9% YoY-53.8% | ||
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
