Brookfield Infrastructure Corp
BIPC · Natural Gas Transmisison & Distribution · EDGAR filings ↗
Grade
B75Brookfield infrastructure vehicle with elite margins and high ROE, tempered by tight liquidity and flat revenue.
Strengths
- Top-decile operating margin (98.8th), OCF margin (91.9th) and net margin (85.1th)
- ROE 34.9% (86.9th) with surging net income growth (97.1th)
Risks
- Very weak liquidity — current/quick ratio 0.38 (9.4th/11.5th)
- Revenue essentially flat (31.3rd) and FCF near breakeven despite high margins
Notable findings
- Weak liquidityCurrent ratio 0.38 (<1)
- Strong balance sheetStrong balance sheet — $431M cash & investments
Key metrics
Gross margin
63.6%
Operating margin
61.5%
Net margin
19.1%
Return on equity
34.9%
Return on assets
2.9%
Revenue growth (QoQ)
0.1%
Net-income growth
872.2%
Interest coverage
2.0×
Current ratio
0.4×
Free cash flow
$2M
Tangible book value
$325M
Cash & investments
$431M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-17 | 2025-12-31 | 0001788348-26-000001 ↗ |
| 20-F | 2025-03-24 | 2024-12-31 | 0001628280-25-014377 ↗ |
| 20-F | 2024-03-18 | 2023-12-31 | 0001628280-24-011578 ↗ |
| 20-F | 2023-03-17 | 2022-12-31 | 0001628280-23-008524 ↗ |
| 20-F | 2022-03-09 | 2021-12-31 | 0001628280-22-005591 ↗ |
| 20-F | 2021-02-16 | 2020-12-31 | 0001628280-21-002159 ↗ |