Brookfield Infrastructure (BIPC)
Owns regulated utilities, Brazilian gas pipelines, and a global container-leasing fleet.
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Owns Brazilian gas pipelines, U.K. multi-utility distribution networks, and a global intermodal-container leasing platform, earning mostly regulated or contracted revenue. Its exchangeable shares are designed to track Brookfield Infrastructure Partners units economically and would convert into a single corporate issuer if the pending simplification closes.
Owns regulated gas pipelines in southeastern Brazil, U.K. last-mile multi-utility and fiber networks, and a global intermodal-container leasing platform. Revenue comes mainly from regulated tariffs, ship-or-pay gas agreements, and long-term leases with major shipping lines. Growth comes from new utility connections, regulated asset-base investment, fleet utilization, capital recycling, and acquisitions alongside Brookfield-sponsored capital.
Brazilian pipelines are shifting from ship-or-pay agreements to a regulated-asset-base regime, while U.K. demand depends partly on housing development. Each exchangeable share is intended to match the economic return of one Brookfield Infrastructure Partners unit; Brookfield provides external management and allocates opportunities. A proposed simplification would exchange the shares for Brookfield Infrastructure Partners Inc. shares, subject to shareholder, court, regulatory, and listing approvals.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 12, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $48 | Target: $50 |
| Jul 21, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $57 | Target: $48 |
| Mar 23, 2026 | Morgan Stanley | Downgrade | ||
| Jan 28, 2026 | Morgan Stanley | Target | Target: $53 | Target: $57 |
| Dec 2, 2025 | Morgan Stanley | Reiterate | Rating: —Target: $46 | Target: $53 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $690.0M · Total debt $12.79B · Total assets $24.54B · Shareholders' equity −$1.54B
- Revenue
- $940.0M
- Operating income
- $550.0M
- Net income
- −$83.0M
HistoryDividendAnnual yield
| Institutions | ≈ 73.51% | 88.22M ADS | |
|---|---|---|---|
| 399 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Other | ≈ 26.49% | 31.79M ADS | |
| remainder | |||
120.01M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 7.30% | 8.76M A ADS | as of Jun 30, 2026 |
Bank of Montreal /Can/Institution | 4.91% | 5.89M A ADS | as of Jun 30, 2026 |
Royal Bank of CanadaInstitution | 3.80% | 4.55M A ADS | as of Jun 30, 2026 |
FMR LLCInstitution | 3.17% | 3.80M A ADS | as of Jun 30, 2026 |
Hightower Advisors, LLCInstitution | 3.08% | 3.69M A ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Brookfield Infrastructure | $36.11 | −0.11% | $4.45B | — | 20.2 | 1.2 | +6.7% |
| Enbridge | $48.27 | +0.13% | $105.25B | 23.5 | 23.2 | 1.6 | +89.7% |
| TC Energy | $60.42 | −0.10% | $62.96B | 25.4 | 24.1 | 5.5 | +40.3% |
| Kinder Morgan | $31.52 | −0.65% | $70.63B | 20.3 | 21.3 | 3.9 | +10.8% |
| National Grid (ADR) | $76.84 | +0.21% | $77.09B | 17.4 | — | 3.2 | +1.8% |
| Digital Realty | $186.32 | −0.01% | $68.94B | 90.0 | 79.7 | 10.1 | +28.9% |
| Sempra | $81.57 | +0.46% | $53.09B | 23.5 | 15.7 | 3.9 | −0.1% |
| Equinix | $1,058.29 | +0.10% | $104.32B | 68.1 | 60.8 | 10.6 | +16.4% |
| GATX | $181.85 | +0.80% | $6.40B | 17.8 | 17.6 | 3.1 | +34.8% |
| Median | 23.5 | 23.2 | 3.9 | +22.6% |