Brookfield Historical Income Statement
BIP Stock | USD 34.74 0.12 0.34% |
Historical analysis of Brookfield Infrastructure income statement accounts such as Interest Expense of 2.6 B, Gross Profit of 4.7 B or Other Operating Expenses of 14.6 B can show how well Brookfield Infrastructure Partners performed in making a profits. Evaluating Brookfield Infrastructure income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Brookfield Infrastructure's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Brookfield Infrastructure latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Brookfield Infrastructure is a good buy for the upcoming year.
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About Brookfield Income Statement Analysis
Brookfield Infrastructure Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Brookfield Infrastructure shareholders. The income statement also shows Brookfield investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Brookfield Infrastructure Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Brookfield Infrastructure. It is also known as Brookfield Infrastructure overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Brookfield Infrastructure income statement and represents the costs associated with goods and services Brookfield Infrastructure provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Total Revenue
Total revenue comprises all receipts Brookfield Infrastructure generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Brookfield Infrastructure's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Brookfield Infrastructure current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Infrastructure Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Brookfield Infrastructure's Cost Of Revenue is relatively stable compared to the past year. As of 11/25/2024, Total Operating Expenses is likely to grow to about 595.5 M, though Minority Interest is likely to grow to (980.4 M).
Brookfield Infrastructure income statement Correlations
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Brookfield Infrastructure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookfield Infrastructure income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 171.9K | 1.7B | 2.0B | 2.2B | 2.7B | 2.9B | |
Interest Expense | 904M | 1.2B | 1.5B | 1.9B | 2.5B | 2.6B | |
Gross Profit | 3.2B | 4.0B | 3.3B | 3.9B | 4.5B | 4.7B | |
Other Operating Expenses | 4.9B | 6.9B | 8.7B | 10.9B | 13.9B | 14.6B | |
Operating Income | 1.8B | 2.4B | 4.7B | 3.6B | 4.0B | 4.3B | |
Ebit | 3.0B | 2.2B | 4.7B | 3.8B | 4.1B | 4.3B | |
Ebitda | 3.0B | 3.9B | 6.7B | 5.9B | 6.8B | 7.2B | |
Cost Of Revenue | 3.4B | 4.8B | 8.2B | 10.5B | 13.5B | 14.1B | |
Total Operating Expenses | 1.5B | 2.0B | 406M | 433M | 413M | 595.5M | |
Income Before Tax | 928M | 1.2B | 3.3B | 1.9B | 2.0B | 2.1B | |
Total Other Income Expense Net | (847M) | (830M) | (803M) | (2.0B) | (2.0B) | (1.9B) | |
Net Income | 650M | 904M | 2.7B | 1.4B | 367M | 516.6M | |
Income Tax Expense | 278M | 291M | 614M | 560M | 581M | 610.1M | |
Selling General Administrative | 279M | 312M | 406M | 433M | 413M | 210.1M | |
Total Revenue | 6.6B | 8.9B | 11.5B | 14.4B | 17.9B | 18.8B | |
Net Income Applicable To Common Shares | 19M | 121M | 556M | 87M | 100.1M | 167.6M | |
Minority Interest | 16.2B | 16.3B | (2.0B) | (1.0B) | (1.0B) | (980.4M) | |
Net Income From Continuing Ops | 650M | 904M | 2.7B | 1.4B | 1.5B | 966.3M | |
Tax Provision | 278M | 291M | 614M | 560M | 544M | 346.5M | |
Interest Income | 623M | 1.1B | 1.3B | 1.6B | 1.9B | 2.0B | |
Net Interest Income | (904M) | (1.2B) | (1.5B) | (1.9B) | (2.3B) | (2.2B) | |
Reconciled Depreciation | 1.2B | 1.7B | 2.0B | 2.2B | 2.5B | 1.7B |
Pair Trading with Brookfield Infrastructure
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brookfield Infrastructure position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brookfield Infrastructure will appreciate offsetting losses from the drop in the long position's value.Moving together with Brookfield Stock
Moving against Brookfield Stock
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0.56 | CIG | Companhia Energetica | PairCorr |
0.31 | ES | Eversource Energy | PairCorr |
The ability to find closely correlated positions to Brookfield Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Infrastructure when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brookfield Infrastructure - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brookfield Infrastructure Partners to buy it.
The correlation of Brookfield Infrastructure is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brookfield Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Infrastructure moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brookfield Infrastructure can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Brookfield Stock Analysis
When running Brookfield Infrastructure's price analysis, check to measure Brookfield Infrastructure's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookfield Infrastructure is operating at the current time. Most of Brookfield Infrastructure's value examination focuses on studying past and present price action to predict the probability of Brookfield Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Infrastructure's price. Additionally, you may evaluate how the addition of Brookfield Infrastructure to your portfolios can decrease your overall portfolio volatility.