Company Analysis
Sign in

Brookfield Infrastructure Corporation Class A Exchangeable (BIPC)

NYSE: BIPC · Natural Gas Transmisison & Distribution · New York, NY · filing with the SEC since 2019
Full chart Alerts Compare
Grade5.9
◀ Past 5.5● Present 6.4▶ Future 5.6
2 est.
OverviewBusinessFinancialsGradeForecastSentimentOwnershipPeopleFilingsPatents Chart

The grade of Brookfield Infrastructure Corporation Class A Exchangeable

Nine metrics read from its own filings, by tense
Headline grade
5.9/10
◀ Past5.525% of the headline
● Present6.445% of the headline
▶ Future5.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.5/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
7.9/10

Has it survived what it has been through?

No warning events in its filings since 2019.

weight 45% of this tense · 79th percentile among 19 sector filers · read for itself

From the record

Brookfield Infrastructure Corporation Class A Exchangeable's filings since 2019 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.3/10

What has it actually done, year after year?

+13% a year over 8 filed years; profitable in 7 of 8.

weight 22% of this tense · 63rd percentile among 17 sector filers · read for its customers

From the record

Brookfield Infrastructure Corporation Class A Exchangeable's 8 filed years say what it did: revenue went from $1.6 billion in fiscal 2018 to $3.7 billion in fiscal 2025, up 13% a year; it rose in 6 of 7 years; the deepest fall was 12% from fiscal 2019 to fiscal 2020; net income was positive in 7 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span13.0%top 22% of its family
  • the share of years revenue rosetop 28% of its family
  • the share of filed years with a profittop 47% of its family
  • the deepest fall from a revenue peak11.7%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
1.7/10

How has it treated the people who own it?

SI estimate 1.7/10, confidence 35 of 100 (one part).

weight 33% of this tense · 17th percentile among 18 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the cash returned against operating cash flow, which ranks in the bottom 17% of 18 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: cash returned against operating cash flow, the one part on file, ranked among 18 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Brookfield Infrastructure Corporation Class A Exchangeable's shareholder treatment is put at 1.7 of 10 with a confidence of 35 of 100, because read from one part only, the cash returned against operating cash flow, which ranks in the bottom 17% of 18 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

6.4/1045% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.5/10

Is it financially healthy right now?

ROE 35%: 35¢ of profit per shareholder dollar. Leverage 92%: owes 92¢ per asset dollar.

weight 45% of this tense · 55th percentile among 19 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Brookfield Infrastructure Corporation Class A Exchangeable earned about 35 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 10 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 92 cents per dollar of assets (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 18% of its family
  • return on equitytop 3% of its family
  • gross profit against assetstop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.2/10

How strong is its position in its industry?

top 18% of 16 in its family; net margin 19.1%.

weight 33% of this tense · 82nd percentile among 16 sector filers · read for its customers

From the record

Brookfield Infrastructure Corporation Class A Exchangeable's standing among 16 graded names in its industry family: revenue of $3.7 billion in fiscal 2025 ranks in the top 41% by size; a net margin of 19.1% ranks in the top 3%; revenue growth of 24.8% a year over the last 3 filed years ranks in the top 9% (its annual reports).

What it rests on

  • revenue against the family$3.67Btop 41% of its family
  • net margin19.1%top 3% of its family
  • three-year revenue growth24.8%top 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.5/10

What are the people in charge doing?

SI estimate 5.5/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 16 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 16 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
family median, 16 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Brookfield Infrastructure Corporation Class A Exchangeable's leadership is put at 5.5 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 16 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.9/10

How much room does it have to grow?

top 21% of 15 in its family for room to expand.

weight 22% of this tense · 79th percentile among 15 sector filers · read for itself

From the record

Brookfield Infrastructure Corporation Class A Exchangeable's room to grow, from the newest filed statements (fiscal 2025): cash of $431 million against no long-term debt tagged leaves 1.8% of its assets as net cash, top 19% of its family; cash from operations less capital spending is 0.1% of revenue (top 37%); a gross margin of 63.6% (top 6%) (its annual report).

What it rests on

  • cash less debt against assets1.8%top 19% of its family
  • cash from operations less capital spending against revenue0.1%top 37% of its family
  • gross margin63.6%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.4/10

What could actually drive growth from here?

top 36% of 17 in its family for growth drivers.

weight 45% of this tense · 64th percentile among 17 sector filers · read for its customers

From the record

Brookfield Infrastructure Corporation Class A Exchangeable's growth drivers, from the filed years to fiscal 2025: revenue grew 24.8% a year over the last three filed years against 13% over all 8, speeding up (top 3% of its family); the newest year grew 0.1% (bottom 16%); capital spending grew 64.4% a year (top 21%) (its annual reports). Brookfield Infrastructure Corporation Class A Exchangeable tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+11.8 points a yeartop 3% of its family
  • the newest year's revenue growth0.1%bottom 16% of its family
  • three-year growth of capital spending64.4%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.9/10

Did its newest year beat what its own record pointed to?

bottom 29% of 16 in its family for expectations against reality.

weight 33% of this tense · 29th percentile among 16 sector filers · read for its shareholders

From the record

Brookfield Infrastructure Corporation Class A Exchangeable's newest year against its own record: revenue of $3.7 billion in fiscal 2025 came in 28.2% below the $5.1 billion its prior three years' pace pointed to (bottom 16% of its family); net income of $700 million against a prior three-year average of $766 million (top 50%); a net margin of 19.1% against 37.3% before (bottom 22%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-28.2%bottom 16% of its family
  • net income against the prior three years' average-9%top 50% of its family
  • net margin against its prior average-18.3 pointsbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BIPC · research, not advice