Brookfield Infrastructure Corporation (BIPC) Stock

About Brookfield Infrastructure Corporation

Brookfield Infrastructure Corporation (BIPC), in conjunction with its subsidiary companies, primarily engages in the ownership and operation of essential infrastructure assets globally. The company manages regulated natural gas transmission systems in Brazil, operating an approximate 2,000-kilometer network of pipelines that span the states of Rio de Janeiro, Sao Paulo, and Minas Gerais. Expanding its international presence, BIPC also oversees regulated gas and electricity distribution operations across the United Kingdom. Furthermore, its Australian operations are comprehensive, covering both electricity transmission and distribution, as well as gas distribution services. In Australia, the firm provides services to roughly 3.9 million gas and electricity connections, supported by an expansive 61,000-kilometer infrastructure of active electricity transmission and distribution lines. Established in 2019, Brookfield Infrastructure Corporation is headquartered in New York, New York, and functions as a subsidiary of Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure Corporation (BIPC) stock trades at $40.99 with a market capitalization of $5.04B. The stock is valued at a price-to-earnings (P/E) ratio of -6.76, price-to-book of -3.79, price-to-sales of 1.41. Over the past 52 weeks the stock has ranged between $34.18 and $51.72, and currently trades 20.7% below its 52-week high. It pays a dividend yielding 4.38%.

On profitability, Brookfield Infrastructure Corporation generates a return on equity (ROE) of 57.39% — well above the market average, a sign of a high-quality business, return on capital employed of 13.58%, an operating margin of 61.44%, a net profit margin of -20.50%.

Official website: bip.brookfield.com/bipc