BROOKFIELD INFRASTRUCTURE PARTNERS L.P Reports Fourth Quarter FY2022 Earnings Results on February 2, 2023.

Earnings Overview

On February 2, 2023, BROOKFIELD INFRASTRUCTURE PARTNERS L.P ($NYSE:BIP). released its financials for the fourth quarter of FY2022, which ended on December 31, 2022. Total revenue was USD 53.0 million, a decrease of 50.0% from the same period in the previous year. Net income was reported at USD 3708.0 million, showing a 14.0% increase from the same period in 2021.

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Brookfield Infrastructure Partners had a successful year in 2022, with their highest quarterly FFO to date of $0.72 per unit and a payout ratio for the fourth quarter of 64%. They recorded FFO of $2.1 billion, a 20% increase compared to 2021, due to organic growth, inflation, and new capital projects and acquisitions. The Utility segment generated FFO of $739 million, an increase of 5%, due to 8% inflation indexation across almost their entire asset base and $485 million of capital in their rate base.

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

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Key Ratios Snapshot

Some of the financial key ratios for BIP are shown below. More…

Market Price

BROOKFIELD INFRASTRUCTURE PARTNERS L.P reported earnings results for the fourth quarter of Fiscal Year 2022 on February 2, 2023. On the day, the company’s stock opened at $35.0 and closed at $34.7, up by 0.8% from the previous closing price of 34.4. This slight uptick in the stock price indicates that shareholders have responded positively to the earning results reported for the quarter.

In total, the fourth quarter earnings results have been encouraging for BROOKFIELD INFRASTRUCTURE PARTNERS L.P, with both revenue and net income increasing year-over-year and cash holdings also increasing significantly. Shareholders have responded positively to the results, with the stock price increasing slightly on the announcement day. Live Quote…

Analysis

At GoodWhale, we conducted a thorough analysis of the wellbeing of BROOKFIELD INFRASTRUCTURE PARTNERS L.P. As seen in the Star Chart, BROOKFIELD INFRASTRUCTURE PARTNERS L.P has an intermediate health score of 6/10, indicating that the company may be able to pay off its debt and fund its future operations. Specifically, the company is strong in dividend and growth, medium in profitability and weak in asset. In conclusion, we classify BROOKFIELD INFRASTRUCTURE PARTNERS L.P as a ‘cheetah’ type of company, one that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors who are comfortable with high risk and potentially high returns may be interested in such companies. More…

Summary

BROOKFIELD INFRASTRUCTURE PARTNERS L.P has released its financial results for the fourth quarter of FY2022, ending December 31, 2022. The company reported total revenue of USD 53.0 million, a decrease of 50.0% compared to the same period last year. Net income was up 14.0%, reaching USD 3708.0 million for the fourth quarter. Investors should consider the overall financial performance of BROOKFIELD INFRASTRUCTURE PARTNERS L.P and analyze the potential impact of this decrease in revenue on future earnings. Close attention should be paid to management strategies to increase sales and reduce costs in order to improve profitability.

Additionally, investors should evaluate the current competitive environment and the company’s competitive advantages before making an investment decision.