Financhill
Buy
75

BIPC Quote, Financials, Valuation and Earnings

Last price:
$47.02
Seasonality move :
2.64%
Day range:
$46.37 - $47.41
52-week range:
$32.08 - $47.71
Dividend yield:
3.67%
P/E ratio:
4.45x
P/S ratio:
1.65x
P/B ratio:
36.05x
Volume:
883.1K
Avg. volume:
613.8K
1-year change:
6.38%
Market cap:
$5.6B
Revenue:
$3.7B
EPS (TTM):
-$0.86
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $1.4B $1.6B $1.9B $2.5B $3.7B
Revenue Growth (YoY) -11.67% 14.9% 14.79% 32.72% 46.46%
 
Cost of Revenues $527M $526M $542M $778M $1.4B
Gross Profit $903M $1.1B $1.3B $1.7B $2.3B
Gross Profit Margin 63.15% 67.99% 71.26% 68.92% 62.41%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $33M $49M $69M $67M $75M
Other Inc / (Exp) -$619M -$342M $1.2B $13M -$711M
Operating Expenses $33M $49M $69M $67M $75M
Operating Income $870M $1.1B $1.3B $1.7B $2.2B
 
Net Interest Expenses $214M $294M $544M $697M $1.1B
EBT. Incl. Unusual Items $37M $432M $1.9B $994M $437M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $269M $405M $262M $368M $365M
Net Income to Company -$232M $27M $1.6B $606M $72M
 
Minority Interest in Earnings -$320M $395M $525M $495M $680M
Net Income to Common Excl Extra Items -$552M $27M $1.6B $606M $72M
 
Basic EPS (Cont. Ops) -$8.18 -$3.28 $9.71 $0.78 -$4.60
Diluted EPS (Cont. Ops) -$8.18 -$3.28 $9.71 $0.78 -$4.60
Weighted Average Basic Share $67.4M $112.3M $112.7M $143M $132.1M
Weighted Average Diluted Share $67.4M $112.3M $112.7M $143M $132.1M
 
EBITDA $534M $1.3B $1.5B $2B $3B
EBIT $251M $1.1B $1.3B $1.7B $2.2B
 
Revenue (Reported) $1.4B $1.6B $1.9B $2.5B $3.7B
Operating Income (Reported) $870M $1.1B $1.3B $1.7B $2.2B
Operating Income (Adjusted) $251M $1.1B $1.3B $1.7B $2.2B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $414M $454M $551M $912M $917M
Revenue Growth (YoY) 18.63% 9.66% 21.37% 65.52% 0.55%
 
Cost of Revenues $136M $121M $146M $339M $336M
Gross Profit $278M $333M $405M $573M $581M
Gross Profit Margin 67.15% 73.35% 73.5% 62.83% 63.36%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $12M $17M $16M $21M $20M
Other Inc / (Exp) $101M $233M $877M -$1B --
Operating Expenses $12M $17M $16M $21M $20M
Operating Income $266M $316M $389M $552M $561M
 
Net Interest Expenses $77M $147M $162M $269M $312M
EBT. Incl. Unusual Items $290M $394M $1.1B -$723M $404M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $77M $71M $95M $85M $96M
Net Income to Company $211.9M $330.5M $1B -$804.8M $323.5M
 
Minority Interest in Earnings $91M $102M $96M $169M $238M
Net Income to Common Excl Extra Items $213M $331M $1B -$808M $320M
 
Basic EPS (Cont. Ops) $1.26 $2.03 $6.39 -$6.83 $0.62
Diluted EPS (Cont. Ops) -- $2.03 $6.39 -$6.83 $0.62
Weighted Average Basic Share $96.7M $112.6M $142.9M $143.1M $132.1M
Weighted Average Diluted Share $96.7M $112.6M $142.9M $143.1M $132.1M
 
EBITDA $331M $367M $448M $746M $728M
EBIT $266M $316M $389M $552M $561M
 
Revenue (Reported) $414M $454M $551M $912M $917M
Operating Income (Reported) $266M $316M $389M $552M $561M
Operating Income (Adjusted) $266M $316M $389M $552M $561M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $1.6B $1.8B $2.1B $3.6B $3.7B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $561M $490M $598M $1.3B $1.4B
Gross Profit $1B $1.3B $1.5B $2.3B $2.3B
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $42M $71M $64M $74M $78M
Other Inc / (Exp) -$173M $296M $877M -$875M --
Operating Expenses $42M $71M $64M $74M $78M
Operating Income $1B $1.2B $1.4B $2.2B $2.2B
 
Net Interest Expenses $269M $478M $628M $988M $1.2B
EBT. Incl. Unusual Items $559M $1.1B $1.7B $359M $1.2B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $384M $273M $343M $381M $375M
Net Income to Company $177.3M $788.1M $1.3B -$20.1M $823.4M
 
Minority Interest in Earnings $376M $532M $419M $663M $969M
Net Income to Common Excl Extra Items $175M $792M $1.3B -$22M $813M
 
Basic EPS (Cont. Ops) -$3.38 $2.30 $6.30 -$4.78 -$0.86
Diluted EPS (Cont. Ops) -- $2.30 $6.30 -$4.78 -$0.86
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $1.3B $1.4B $1.6B $3B $2.9B
EBIT $1B $1.2B $1.4B $2.2B $2.2B
 
Revenue (Reported) $1.6B $1.8B $2.1B $3.6B $3.7B
Operating Income (Reported) $1B $1.2B $1.4B $2.2B $2.2B
Operating Income (Adjusted) $1B $1.2B $1.4B $2.2B $2.2B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $1.2B $1.4B $1.6B $2.7B $2.7B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $422M $386M $442M $1B $994M
Gross Profit $807M $1B $1.1B $1.7B $1.7B
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $32M $54M $49M $56M $59M
Other Inc / (Exp) -$54M $584M $311M -$577M $92M
Operating Expenses $32M $54M $49M $56M $59M
Operating Income $775M $954M $1.1B $1.7B $1.7B
 
Net Interest Expenses $208M $392M $476M $767M $852M
EBT. Incl. Unusual Items $513M $1.1B $950M $315M $1B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $321M $189M $270M $283M $293M
Net Income to Company $190.9M $952.3M $664.6M $32.1M $784.8M
 
Minority Interest in Earnings -$109M $428M $322M $490M $779M
Net Income to Common Excl Extra Items -$8M $957M $660M $32M $773M
 
Basic EPS (Cont. Ops) -$2.02 $4.69 $1.29 -$3.20 $0.28
Diluted EPS (Cont. Ops) -$3.28 $4.69 $1.29 -$3.20 $0.28
Weighted Average Basic Share $231.6M $337.6M $368.4M $429.2M $383.3M
Weighted Average Diluted Share $231.6M $337.6M $368.4M $429.2M $383.3M
 
EBITDA $830M $1.1B $1.3B $2.2B $2.2B
EBIT $620M $954M $1.1B $1.7B $1.7B
 
Revenue (Reported) $1.2B $1.4B $1.6B $2.7B $2.7B
Operating Income (Reported) $775M $954M $1.1B $1.7B $1.7B
Operating Income (Adjusted) $620M $954M $1.1B $1.7B $1.7B
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $192M $469M $502M $577M $742M
Short Term Investments -- -- -- $38M $68M
Accounts Receivable, Net $345M $402M $441M $797M $648M
Inventory -- -- -- -- --
Prepaid Expenses $49M $46M $58M $51M $30M
Other Current Assets -- -- -- -- --
Total Current Assets $586M $2B $1.6B $2.8B $4.8B
 
Property Plant And Equipment $5.1B $4.8B $4.7B $14.2B $12.6B
Long-Term Investments $27M $30M $468M $1.3B $1.6B
Goodwill $528M $489M $518M $1.7B $1.6B
Other Intangibles $2.9B $2.7B $2.8B $3.7B $2.9B
Other Long-Term Assets $101M $15M $17M $185M $234M
Total Assets $9.3B $10.1B $10.2B $23.9B $23.6B
 
Accounts Payable $84M $39M $44M $85M $67M
Accrued Expenses $265M $413M $562M $759M $653M
Current Portion Of Long-Term Debt $11M $131M $354M $1B $769M
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities $2.2B $4.5B $3.5B $4.2B $5.9B
Total Current Liabilities $2.8B $6.2B $4.6B $6.4B $7.6B
 
Long-Term Debt $4.6B $3.6B $4.2B $11B $11.5B
Capital Leases -- -- -- -- --
Total Liabilities $9.9B $11.5B $10.5B $19.8B $21.4B
 
Common Stock -- $53M $53M $392M $1M
Other Common Equity Adj -- -- $306M $473M $581M
Common Equity -$1.7B -$2.1B -$1.1B -$399M -$1.3B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $1.2B $703M $758M $4.5B $3.5B
Total Equity -$572M -$1.4B -$361M $4.1B $2.2B
 
Total Liabilities and Equity $9.3B $10.1B $10.2B $23.9B $23.6B
Cash and Short Terms $192M $469M $502M $577M $742M
Total Debt $4.6B $3.7B $4.6B $12B $12.2B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $406M $342M $340M $278M $438M
Short Term Investments -- $77M $99M $33M --
Accounts Receivable, Net $522M $478M $1.3B $856M $1.1B
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $1.5B $1.3B $2.9B $2.9B $3B
 
Property Plant And Equipment $4.6B $4.2B $13.8B $14.6B $14B
Long-Term Investments $33M $410M $99M $90M $375M
Goodwill $500M $498M $1.7B $1.7B --
Other Intangibles $2.7B $2.7B $3.7B $3.3B --
Other Long-Term Assets $24M $18M $1.4B $1.5B --
Total Assets $9.4B $9.2B $23.6B $24.1B $24B
 
Accounts Payable $550M $627M $1.3B $1.2B $1.1B
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $260M $1.1B $1.3B $900M --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities $4.5B $4B $3.9B $4.7B --
Total Current Liabilities $5.3B $5.6B $6.6B $6.7B $7.2B
 
Long-Term Debt $3.6B $3.2B $10.7B $12.5B $12.3B
Capital Leases -- -- -- -- --
Total Liabilities $10.6B $10.5B $19.6B $21.7B $21.8B
 
Common Stock $53M $53M $392M $392M $1M
Other Common Equity Adj -- $123M $330M $564M --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $742M $639M $4.3B $3.2B $3.4B
Total Equity -$1.2B -$1.2B $4B $2.5B $2.2B
 
Total Liabilities and Equity $9.4B $9.2B $23.6B $24.1B $24B
Cash and Short Terms $406M $342M $340M $278M $438M
Total Debt $3.8B $4.3B $12B $13.3B $13.4B
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$232M $27M $1.6B $606M $72M
Depreciation & Amoritzation $283M $236M $211M $365M $775M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$71M -$91M -$61M -$85M $140M
Change in Inventories -- -- -- -- --
Cash From Operations $730M $839M $893M $1.1B $1.7B
 
Capital Expenditures $416M $417M $525M $594M $1.4B
Cash Acquisitions -- $283M -- $3.1B $1.1B
Cash From Investing -$399M $43M -$1B -$263M -$2.2B
 
Dividends Paid (Ex Special Dividend) -$33M -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $551M $392M $2.7B $2.4B $7.9B
Long-Term Debt Repaid -$380M -$680M -$1.2B -$2.6B -$6.4B
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$455M -$708M -$1.6B $2.4B -$1.9B
Cash From Financing -$317M -$585M -$4M -$728M $630M
 
Beginning Cash (CF) $204M $469M $445M $539M $674M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $14M $277M -$24M $94M $135M
Ending Cash (CF) $192M $726M $555M $659M $739M
 
Levered Free Cash Flow $314M $422M $368M $465M $340M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $211.9M $330.5M $1B -$804.8M $323.5M
Depreciation & Amoritzation $65.6M $51M $59.2M $193.3M $168.5M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$17.3M -$20M -$47.2M -- -$25.3M
Change in Inventories -- -- -- -- --
Cash From Operations $261M $213.3M $194.6M $462.2M $392.7M
 
Capital Expenditures $109.7M $122M $122.3M $597.7M $1.1B
Cash Acquisitions $1.7M -- $3.1B -$332.6M $211.6M
Cash From Investing -$106.9M -$126.5M $85.5M -$1.1M -$998.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $857M $775M $3.8B --
Long-Term Debt Repaid -- -$372M -$893M -$3.9B --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$92M -$811M $2.6B -$281M --
Cash From Financing -$94.3M -$316.8M -$385.5M -$682.3M -$247M
 
Beginning Cash (CF) $406M $265M $241M $245M $380M
Foreign Exchange Rate Adjustment -$22.8M -$12.2M -$10.1M $22.9M $1.9M
Additions / Reductions $36.9M -$242.3M -$115.4M $236M -$851.4M
Ending Cash (CF) $420.1M $10.6M $115.5M $504M -$469.5M
 
Levered Free Cash Flow $151.3M $91.2M $72.3M -$135.4M -$676.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $177.3M $788.1M $1.3B -$20.1M $823.4M
Depreciation & Amoritzation $282.1M $184.8M $223.3M $771.9M $704.3M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$116.9M -$81.9M -$70.2M -- $36.6M
Change in Inventories -- -- -- -- --
Cash From Operations $766.8M $786.3M $769.2M $1.9B $1.6B
 
Capital Expenditures $432.4M $486.1M $530.4M $1.2B $1.8B
Cash Acquisitions $289.1M -$162.5K $3.1B $1.2B $226M
Cash From Investing $53M -$1B -$330M -$1.9B -$1.3B
 
Dividends Paid (Ex Special Dividend) $448.6M -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $443M $1.9B -- $7.8B --
Long-Term Debt Repaid -$208M -$852M -- -$7B --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$1.2B -$1.2B $2.4B -$1.9B --
Cash From Financing -$679.2M $50.2M -$561.8M $118.3M -$205.6M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $159.8M -$130.9M -$34M $1M $126.6M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $334.4M $300.1M $238.8M $644.9M -$210.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $190.9M $952.3M $664.6M $32.1M $784.8M
Depreciation & Amoritzation $210.6M $159M $171.2M $579.3M $522.8M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$73.3M -$64M -$72.2M $59M -$47.7M
Change in Inventories -- -- -- -- --
Cash From Operations $620M $567.8M $450.6M $1.2B $1.1B
 
Capital Expenditures $305.7M $374.9M $381.4M $998.3M $1.4B
Cash Acquisitions $818.7M -- $3.1B $1.2B $390.9M
Cash From Investing $438.1M -$907.6M -$177.5M -$1.9B -$1B
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $377M $1.9B $1.6B $7B $2.2B
Long-Term Debt Repaid -$211M -$383M -$1.7B -$6.1B -$2B
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$996M -$1.4B $2.5B -$1.8B -$534M
Cash From Financing -$832.3M $87.7M -$490.9M $356.2M -$475.1M
 
Beginning Cash (CF) $722M $2B $906M $1.1B $1.9B
Foreign Exchange Rate Adjustment -$10.8M $58.7M $14M -$40.8M $61.9M
Additions / Reductions $202.9M -$193.4M -$203.8M -$293.8M -$298.5M
Ending Cash (CF) $914.1M $1.9B $716.2M $731.4M $1.6B
 
Levered Free Cash Flow $314.3M $192.9M $69.2M $251.3M -$292.4M

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