BROOKFIELD INFRASTRUCTURE PARTNERS L.P.

BIPJ ·Industrials, Marine Shipping
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Revenue $23.10B $21.04B $17.93B $14.43B $11.54B $8.89B $6.60B $4.65B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $5.80B $4.96B $4.05B $3.48B $2.88B $2.03B $1.71B $1.42B
Operating Margin 25.1% 23.6% 22.6% 24.1% 25.0% 22.8% 25.9% 30.5%
Interest Expense $3.87B $3.39B $2.50B $1.86B $1.47B $1.18B $904.0M $555.0M
Pretax Income $3.12B $1.95B $2.03B $1.94B $3.33B $1.20B $928.0M $1.17B
Income Tax Expense $589.0M $270.0M $581.0M $560.0M $614.0M $291.0M $278.0M $364.0M
Net Income $2.53B $1.68B $1.45B $1.38B $2.72B $904.0M $650.0M $806.0M
Net Margin 11.0% 8.0% 8.1% 9.5% 23.6% 10.2% 9.9% 17.3%
EPS (Basic) $0.90 $0.04 $0.14 $0.14 $1.16 $0.23 $0.06
EPS (Diluted) $0.90 $0.04 $0.14 $0.14 $1.16 $0.23 $0.06
Shares Outstanding (Basic) 295.4M 293.5M 277.3M
Shares Outstanding (Diluted) 295.4M 293.5M 277.3M
Dividends Per Share
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