Brookfield Infrastructure Corp (Exchangeable Shares) - Class A BIPC Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$39.66 up $1.74, 4.59% at close Nov 6
Last close · Previous close $37.92
- Market cap
- $4.76BAt the Nov 6 close
- Dividend yield
- 4.53%Last 12 months
Price chart
$39.66up $1.74, 4.59%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$37.92Nov 5
- Volume2.95MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume1.32MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $34.18 to $51.72; now $39.66
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
BIPC beat the S&P 500 in 2 of 4 periods.
| Period | BIPC and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | BIPC: up 5.1% S&P 500: down 5.6% | BIPC beat the S&P 500 by 10.7 percentage points Beat |
| 3M | BIPC: up 1.3% S&P 500: down 4.1% | BIPC beat the S&P 500 by 5.4 percentage points Beat |
| YTD | BIPC: down 9.8% S&P 500: up 8.7% | BIPC trailed the S&P 500 by 18.5 percentage points Trailed |
| 1Y | BIPC: down 11.0% S&P 500: up 10.9% | BIPC trailed the S&P 500 by 21.9 percentage points Trailed |
$10,000 invested in BIPC a year ago (Nov 6, 2025) would be worth about $8,901 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $11,088.
BIPC beat the S&P 500 in 2 of 4 periods.
| Period | BIPC and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | BIPC: up 5.1% S&P 500: down 5.6% | BIPC beat the S&P 500 by 10.7 percentage points Beat |
| 3M | BIPC: up 0.1% S&P 500: down 4.3% | BIPC beat the S&P 500 by 4.4 percentage points Beat |
| YTD | BIPC: down 12.6% S&P 500: up 7.8% | BIPC trailed the S&P 500 by 20.4 percentage points Trailed |
| 1Y | BIPC: down 14.6% S&P 500: up 9.7% | BIPC trailed the S&P 500 by 24.3 percentage points Trailed |
$10,000 invested in BIPC a year ago (Nov 6, 2025) would be worth about $8,542 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $10,969.
All-time high
$51.00
Closing high on . Now 22.2% below that record.
Split-adjusted daily closes since Dec 27, 2024.
Stock splits
BIPC hasn’t split since its price history begins in 2024.
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Jun 30, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
Not reported
Other valuation measures
- 1.3×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 9.0×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - −0.69%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $16.94BAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Jun 30, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own BIPC DCF in Excel. Value Brookfield Infrastructure Corp (Exchangeable Shares) with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $3.70Bup 1.3%
- Net income
- −$348.00M
- Diluted EPS
- Not reported
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $912.00M | −$977.00M | Not reported |
| Q4 FY24 (Dec 31, 2024) | $944.00M | −$150.00M | Not reported |
| Q1 FY25 (Mar 31, 2025) | $929.00M | $389.00M | Not reported |
| Q2 FY25 (Jun 30, 2025) | $866.00M | −$477.00M | Not reported |
| Q3 FY25 (Sep 30, 2025) | $917.00M | $82.00M | Not reported |
| Q4 FY25 (Dec 31, 2025) | $956.00M | −$235.00M | Not reported |
| Q1 FY26 (Mar 31, 2026) | $884.00M | −$112.00M | Not reported |
| Q2 FY26 (Jun 30, 2026) | $940.00M | −$83.00M | Not reported |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $1.64B | −$368.00M | Not reported |
| FY22 (Dec 31, 2022) | $1.89B | $1.09B | Not reported |
| FY23 (Dec 31, 2023) | $2.50B | $111.00M | Not reported |
| FY24 (Dec 31, 2024) | $3.67B | −$608.00M | Not reported |
| FY25 (Dec 31, 2025) | $3.67B | −$241.00M | Not reported |
Margins
- Gross 62.4%
- Operating 60.2%
- Net −9.4%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- −$33.00MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$1.55BLast 12 months
- Capital spending$1.59BLast 12 months
- −0.9%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- Not reportedLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paidNot reportedLast 12 months
Balance sheet
- $1.08BAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$12.94BAs of Jun 30, 2026
- Net debt$11.86BAs of Jun 30, 2026
- 0.53As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio
Financial strength
- 6 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✗Net income was positive: not passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✓Current ratio improved: passed
- ✗Share count didn’t rise: not passed
- ✗Gross margin improved: not passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- −1.4%Last 12 months
Over the last 12 months, Brookfield Infrastructure Corp (Exchangeable Shares)’s net loss was 1.4% of its total assets (averaged over the last four quarter-ends).
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.000 |
| 2017 | $0.000 |
| 2018 | $0.000 |
| 2019 | $0.000 |
| 2020 | $0.000 |
| 2021 | $0.000 |
| 2022 | $0.000 |
| 2023 | $0.000 |
| 2024 | $0.000 |
| 2025 | $1.72 |
| 2026 (to date) | $1.37 |
Dividend details
- $1.80Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- 4.53%; 5-yr low 1.07%, 5-yr high 5.82%Last 12 months
Dividends paid over the last 12 months as a share of the Nov 6 close. The bar shows where that yield sits in its range over the past five years; the median was 3.67%.
- $0.46Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
About Brookfield Infrastructure Corp (Exchangeable Shares) - Class A
Brookfield Infrastructure Corp (Exchangeable Shares) - Class A
- Sector
- Utilities
- Industry
- Utilities - Regulated Gas
- Headquarters
- New York, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
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BIPC stock FAQ
What is BIPC stock’s price today?
Brookfield Infrastructure Corp (Exchangeable Shares) (BIPC) traded at $39.66 at the close on , up $1.74 (4.59%) from the previous close of $37.92. Over the past 52 weeks it has traded between $34.18 and $51.72.
What is Brookfield Infrastructure Corp (Exchangeable Shares)’s market cap?
Brookfield Infrastructure Corp (Exchangeable Shares)’s market capitalization is about $4.8 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $39.66 (how market cap works). Brookfield Infrastructure Corp (Exchangeable Shares) reported 120.01M shares outstanding at the end of its latest quarter ().
How much revenue does Brookfield Infrastructure Corp (Exchangeable Shares) make?
Brookfield Infrastructure Corp (Exchangeable Shares) reported $3.7 billion of revenue over the four quarters to , up 1.3% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $940.0 million, up 8.5% from a year earlier.
Is Brookfield Infrastructure Corp (Exchangeable Shares) profitable?
Not over the four quarters to . Brookfield Infrastructure Corp (Exchangeable Shares) reported a net loss of $348.0 million across those four quarters on $3.7 billion of revenue. Its operations were still profitable before interest, other items and taxes, with $2.2 billion of operating income.
Does BIPC pay a dividend?
Yes. Brookfield Infrastructure Corp (Exchangeable Shares) pays a quarterly dividend. The most recent was $0.46 per share, with an ex-dividend date of . Over the last twelve months it paid $1.80 per share, a 4.53% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($1.80 per share), and if the next 12 months match the last 12, 100 shares would receive about $180 over 12 months, and $1,000 over 12 months would take about 558 shares, roughly $22,130 at the close. Dividends can change.
What is BIPC’s 52-week high and low?
Over the past 52 weeks BIPC has traded as low as $34.18 and as high as $51.72. At $39.66 at the close on , it is 23.3% below that high and 16.0% above the low.
What is BIPC’s all-time high?
BIPC’s highest closing price was $51.00 on , adjusted for stock splits. At $39.66 at the close on , it is 22.2% below that record.
Has BIPC stock ever split?
No. BIPC hasn’t split since its price history begins in 2024.
How has BIPC stock performed?
Including dividends and measured to the close on , BIPC has returned −9.8% so far this year and −11.0% over the past year. Over the same periods the S&P 500, measured by SPY, returned +8.7% and +10.9%. Past performance doesn’t predict future returns.
What sector and industry is Brookfield Infrastructure Corp (Exchangeable Shares) in?
Brookfield Infrastructure Corp (Exchangeable Shares) is in the Utilities sector and the Utilities - Regulated Gas industry, and is headquartered in New York, USA.
What exchange does BIPC trade on?
Brookfield Infrastructure Corp (Exchangeable Shares) trades on the NYSE under the ticker symbol BIPC. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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