# Brookfield Infrastructure Corporation (BIPC.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Utilities / Gas Utilities. Price C$51.66, market value C$6.4 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Brookfield Infrastructure Corporation reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 1.2×**. Each dollar of revenue is priced at 1.2×.
- **EV / EBITDA: 6.7×**. Enterprise value is 6.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -1.1%** (5-yr avg 6.9%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 62.4%**. Brookfield Infrastructure Corporation keeps 62.4% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 61.0%**. 61.0% of revenue is left after running the business, an exceptional level.
- **Net margin: -6.6%**. The company reported a net loss over the last twelve months.
- **Return on equity: 18.6%**. 18.6% on shareholders' equity is solid.
- **Return on invested capital: 9.8%**. Return on all capital, debt included, is 9.8%.
- **Return on assets: -1.5%**. Each dollar of assets produces -1.5% of profit.

## Growth
- **Revenue growth (1 yr): 0.1%** (3-yr 24.8%/yr, 5-yr 20.7%/yr). Revenue grew 0.1% over the last year, against 20.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 52.7%**. Earnings per share rose 52.7%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -16.2%/yr**. Free cash flow has compounded at -16.2% a year over three years.

## Financial health
- **Net debt / EBITDA: 4.9×**. It would take 4.9 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 1.8×**. Operating profit covers interest 1.8×, thin but manageable.
- **Current ratio: 0.26** (quick 0.26). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 0.28**. A Z-score of 0.28 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.88%** (C$2.52 per share, trailing). Brookfield Infrastructure Corporation yields 4.88%, an income-level yield.
- **Consecutive years of increases: 6**. 6 straight years of increases.
- **Dividend growth (5 yr): 13.4%/yr** (1-yr 8.8%). The dividend has compounded at 13.4% a year over five years, doubling roughly every 5 years at that pace.

## Price and momentum
- **Total return (1 yr): -3.2%** (YTD -15.4%, 3-mo -10.2%). The shares are down 3.2% over twelve months including dividends.
- **From 52-week high: -26.3%** (10.5% above the low). Trading 26% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 35**. An RSI of 35 is neutral.
- **Beta (1 yr): 0.43** (volatility 28%). Beta of 0.43 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BIPC.TO · Page: https://foliofundamentals.com/stocks/bipc.to

Not investment advice.