Brookfield Infrastructure Partners L.P - Unit
BIP - Insider Information
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+ FollowMarket Cap$17.47B
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Earnings Call Q3 2024
November 6, 2024 - AI Summary
Strong Financial Performance: Brookfield Infrastructure Partners (BIP) reported Funds from Operations (FFO) of $599 million in Q3 2024, marking a 7% year-over-year increase, driven by new investments and tuck-in acquisitions. Utilities segment FFO grew 9% to $188 million, Transport segment surged 50% to $308 million, while the Data segment increased 29% to $85 million. Midstream segment FFO slightly declined from $163 million to $147 million due to higher interest costs.
Capital Backlog and Growth Outlook: The company has an $8 billion backlog of organic growth projects, with a 20% increase over the last twelve months. This backlog is expected to provide attractive project-level returns, bolstered by trends in artificial intelligence and decarbonization. The strong growth potential suggests ongoing revenue expansion in the medium to long term.
Capital Recycling Success: BIP achieved $600 million in capital recycling during the quarter, totaling approximately $2 billion for the year. Recent sales include a Mexican regulated natural gas transmission business expected to close in Q1 2025 for about $125 million. This trend is expected to continue, with forecasts of $5 to $6 billion in proceeds from asset sales in the next two years, helping to replenish liquidity.
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$47.25
23.8% upsideBrookfield Infrastructure Partners L.P - Unit Target Price Details
Target Price by Analysts
23.8% upsideBrookfield Infrastructure Partners L.P - Unit Target Price Details$-9.09
123.8% downside
Current Fair Value
123.8% downsideOvervalued by 123.8% based on the discounted cash flow analysis.
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Share Statistics
| Market cap | $17.47 Billion |
|---|---|
| Enterprise Value | $76.85 Billion |
| Annual dividend | $1.79 |
| Dividend yield | 4.81% |
| Earnings per Share | $0.98 |
| Beta | 1.04 |
| Outstanding Shares | 457,600,000 |
Return
| Return on Equity | NaN% |
|---|---|
| Return on Assets | 0.59% |
| Return on Invested Capital | 3.85% |
Valuation & Multiples
| P/E Ratio | 52.01 |
|---|---|
| PEG | -4.59 |
| Price to Sales | 0.73 |
| Price to Book Ratio | 0.54 |
| Enterprise Value to Revenue | 3.18 |
| Enterprise Value to EBIT | 16.51 |
| Enterprise Value to Net Income | 106 |
| Total Debt to Enterprise | 0.81 |
| Debt to Equity | - |
Revenue Sources
No data
Last Earnings Call
Report Date
July 30, 2026
EPS Estimate
$0.16
Consensus analyst estimateRevenue Estimate
$2.23 B
Consensus analyst estimateNext Earnings Call
Expected Date
November 6, 2026
EPS Estimate
$0.11
Consensus analyst estimateRevenue Estimate
$2.20 B
Consensus analyst estimateInstitutional Put/Call Ratio
Compares institutional put options with call options. At 0.00, the ratio is below 1, so institutions hold more calls than puts.
| Put/Call Ratio | 0.0000▼ 123.02% |
|---|---|
| Total Calls | -▼ 100.00% |
| Total Puts | -▼ 100.00% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 1.42%▼ 54.99% |
|---|---|
| Total Invested | $255.19M▼ 97.31% |
| Investors Holding | 102▼ 266.00% |
About Brookfield Infrastructure Partners L.P
2,020 employees
CEO: Samuel Pollock
Brookfield Infrastructure Partners LP operates as an infrastructure company, which engages in the management of diversified portfolio of infrastructure assets that will generate sustainable and growing distributions over the long-term fo...