BIPH on NYSE

Brookfield Infrastructure Partners

Logo: Brookfield Asset Management, Public domain, via Wikimedia Commons6

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. The company's assets carried a book value of US$21.3 billion, on December 31, 2016.3 It is part of Brookfield Corporation.1 Its shares trade on NYSE under the symbol BIPH.1 Wikipedia text CC BY-SA 4.0

$15.19 down 0.11 (0.72%)Price as of Oct 21, 2026 at 18:59 UTC

Last updated Oct 21, 2026.

Overview

$23.1BRevenue, fiscal 20257
$2.5BNet income, fiscal 20257
2008Founded1

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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 inBermuda8
  • Business address91 Front Street, First Floor, Hamilton, Hm128
  • Filer categoryLarge accelerated filer8
  • Legal formExempted Limited Partnership4
  • Kind of organizationLimited partnership1
  • LEI549300WEH5R2OODI7Y904
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered address5th Floor, HM 12 Hamilton, Bermuda4
  • Registered withRegistrar of Companies (Ministry of Economic Development), 401264

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

25.1%Operating margin7
11.0%Net margin7
9.8%Revenue growth, 20257
7.1%Return on equity7
-$53.0MFree cash flow7

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.

  1. Utilities$9.1B752%up 9% from 2024
  2. Midstream$5.0B729%up 16% from 2024
  3. Transport$2.4B713%down 6% from 2024
  4. Data$1.1B76%up 25% from 2024
Business segments by year
Business segments202320242025
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.

  1. United States$6.4B728%up 25% from 2024
  2. CA [member]$4.5B719%down 5% from 2024
  3. India$3.2B714%up 27% from 2024
  4. United Kingdoms$2.5B711%up 5% from 2024
  5. Aggregated Individually Immaterial Geographical Areas$1.9B78%down 7% from 2024
  6. BRMember$1.7B77%up 18% from 2024
  7. CO$1.3B76%up 11% from 2024
  8. France$667.0M73%down 11% from 2024
  9. DEMember$461.0M72%up 48% from 2024
  10. AUMember$453.0M72%down 17% from 2024
Regions by year
Regions202320242025
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

  • Cost of revenue69¢$16.9B
  • Selling, general and admin2¢$426.0M
  • Interest16¢$3.9B
  • Income tax2¢$589.0M
  • Profit10¢$2.5B

Out of $23.1B in revenue.7

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.7

Financial statements

Revenue12131415167$23.1B in 2025+397% since 2018
0$10.0B$20.0B$30.0B2018: $4.7B$4.7B20182019: $6.6B$6.6B2019+42%2020: $8.9B$8.9B2020+35%2021: $11.5B$11.5B2021+30%2022: $14.4B$14.4B2022+25%2023: $17.9B$17.9B2023+24%2024: $21.0B$21.0B2024+17%2025: $23.1B$23.1B2025+10%
Operating income12131415167$5.8B in 2025+308% since 2018
0$2.0B$4.0B$6.0B2018: $1.4B$1.4B20182019: $1.7B$1.7B2019+20%2020: $2.0B$2.0B2020+18%2021: $2.9B$2.9B2021+42%2022: $3.5B$3.5B2022+21%2023: $4.0B$4.0B2023+16%2024: $5.0B$5.0B2024+22%2025: $5.8B$5.8B2025+17%
Net income12131415167$2.5B in 2025+214% since 2018
0$1.0B$2.0B$3.0B2018: $806.0M$806.0M20182019: $650.0M$650.0M2019−19%2020: $904.0M$904.0M2020+39%2021: $2.7B$2.7B2021+201%2022: $1.4B$1.4B2022−49%2023: $1.4B$1.4B2023+5%2024: $1.7B$1.7B2024+16%2025: $2.5B$2.5B2025+50%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-31
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

Compare Brookfield Infrastructure Partners with another company

Corporate structure

Brookfield Infrastructure Partners is part of a group headed by Brookfield Corporation. 472 entities, 23 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Brookfield Infrastructure Partners

  • PRINCIPAL GLOBAL INVESTORS Filed SCHEDULE 13G/A on Brookfield Infrastructure Partners, latest Aug 5, 2026 (6 filings since Nov 13, 2024)
  • Royal Bank of Canada Filed SCHEDULE 13G/A on Brookfield Infrastructure Partners, latest May 15, 2026 (2 filings since Feb 12, 2025)
  • Capital World Investors Filed SCHEDULE 13G/A on Brookfield Infrastructure Partners, latest May 14, 2026 (4 filings since Feb 11, 2022)
  • 1832 Asset Management L.P. Filed SCHEDULE 13G/A on Brookfield Infrastructure Partners, latest Jul 31, 2025 (3 filings since Feb 12, 2024)
  • BANK OF NOVA SCOTIA Filed SC 13G/A on Brookfield Infrastructure Partners, latest Oct 10, 2024 (2 filings since Oct 10, 2024)
  • Bank of Montreal Filed SC 13G/A on Brookfield Infrastructure Partners, latest Feb 9, 2024 (3 filings since Feb 15, 2022)

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Brookfield Infrastructure Partners reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$50.8B16 Dec 31, 2024$48.5B16 Dec 31, 2023+4.7%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net$2.8B7 Dec 31, 2025$5.1B7 Dec 31, 2024−45.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$3.2B7 Dec 31, 2025$2.1B7 Dec 31, 2024+54.6%
Long-term investments$493.0M7 Dec 31, 2025$726.0M7 Dec 31, 2024−32.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$19.2B7 Dec 31, 2025$14.1B7 Dec 31, 2024+36.2%
Intangible assets, net (excluding goodwill)$15.8B7 Dec 31, 2025$14.5B7 Dec 31, 2024+8.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$583.0M7 Dec 31, 2025$454.0M7 Dec 31, 2024+28.4%
Raw materials$509.0M7 Dec 31, 2025$396.0M7 Dec 31, 2024+28.5%

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

Leadership

Who has led Brookfield Infrastructure Partners, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. David Tyler Krant2026–now
2010201520202025
Board members and other officers (8)

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 4.0.9

Subsidiaries and ownership

Parent company

Also owns

Subsidiaries (GLEIF)

Also consolidated

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. Dec 2019Acquired Genesee & Wyoming1

Timeline

  1. Mar 23, 2026New chief executive Samuel James Bernard Pollock becomes CEO18
  2. 2008Founded Founded in Toronto1

Filings

140 filings to the SEC since October 2021: 5 annual reports, 13 insider forms, 23 large holders, 99 other. The latest 20:

  1. Oct 14, 20266-K EDGAR
  2. Aug 31, 20266-K EDGAR
  3. Aug 28, 20266-K EDGAR
  4. Aug 5, 20266-K EDGAR
  5. Aug 5, 20266-K EDGAR
  6. Aug 5, 2026SCHEDULE 13G/A EDGAR
  7. Jul 23, 2026SCHEDULE 13D/A EDGAR
  8. Jul 22, 20266-K EDGAR
  9. May 15, 2026SCHEDULE 13G/A EDGAR
  10. May 14, 2026SCHEDULE 13G/A EDGAR
  11. May 12, 2026SCHEDULE 13G/A EDGAR
  12. May 8, 20266-K EDGAR
  13. May 5, 20264 OWNERSHIP DOCUMENT EDGAR
  14. May 5, 20264 OWNERSHIP DOCUMENT EDGAR
  15. Mar 23, 20263 OWNERSHIP DOCUMENT EDGAR
  16. Mar 23, 20263 OWNERSHIP DOCUMENT EDGAR
  17. Mar 23, 20263 OWNERSHIP DOCUMENT EDGAR
  18. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  19. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  20. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR

The 140 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 1, 2026Krant David TylerChief Financial OfficerBuy1,150$48.10$55.3KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Brookfield Infrastructure Partners is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBrookfield Infrastructure Partners L.P.2
  • CIK0001406234
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company35
  • Incorporated inBermuda35
  • Fiscal year endsDecember 312
  • Industry code (SIC)4400 Water Transportation2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business address91 Front Street, First Floor, Hamilton, HM12, Bermuda2
  • Phone441 296-44802
  • Shares outstanding460,488,788 Limited Partnership Units shares; 7,986,595 Series9 Preferred Units shares; 9,936,190 Series11 Preferred Units shares; 8,000,000 Class A Preference Limited Partnership Units Series13 shares; 8,000,000 Class A Preference Limited Partnership Units Series14 shares; 1 General Partner1 shares as of Dec 31, 202535
  • AuditorDeloitte LLP, Toronto, Canada PCAOB ID 1208; it also attests to the company’s internal control over financial reporting35
  • On EDGAR sinceJul 31, 20072
  • Filings817 in all: 6-K (436), CORRESP (58), UPLOAD (40), 425 (36), FWP (29), SC 13G/A (22), 20-F (19), 424B3 (15)2
    All 41 form types

    424B5 (15), SC 13G (15), 3 (12), SC 13D/A (11), EFFECT (10), F-4/A (9), SCHEDULE 13G/A (9), 424B2 (8), 20-F/A (7), F-3/A (7), 20FR12B/A (6), F-1/A (6), F-3 (6), F-3ASR (6), 8-A12B (5), CERT (5), 40-APP/A (3), 4 (2), 6-K/A (2), CT ORDER (2), F-4 (2), POS AM (2), SCHEDULE 13D/A (2), 20FR12B (1), 40-APP (1), 8-A12B/A (1), 8-K (1), CERTNYS (1), F-1 (1), F-3D (1), POSASR (1), SC 13D (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (20-F) Mar 17, 2026
    Latest 8-K (8-K) Jan 31, 2008

Securities registered for trading

ClassSymbolExchange
Limited Partnership UnitsBIP; BIP UNNew York Stock Exchange
Class A Preferred Limited Partnership Units, Series 13BIP PR ANew York Stock Exchange
Class A Preferred Limited Partnership Units, Series 14BIP PR BNew York Stock Exchange
5.000% Subordinated Notes due 2081 (and the subordinated guarantees related thereto)BIPHNew York Stock Exchange
5.125% Perpetual Subordinated Notes (and the subordinated guarantees related thereto)BIPINew York Stock Exchange
7.250% Subordinated Notes due 2084 (and the subordinated guarantees related thereto)BIPJNew York Stock Exchange

From the cover page of the 20-F filed Mar 17, 2026 (Section 12(b) of the Exchange Act).35

Sources

The numbers on this page point here. Each one links to the record it came from.

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