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Brookfield Infrastructure Partners LPBIP +0.03%91 Forward Rate of Return (Yacktman) % is 16.51% as of Jun. 2026, which is 35% below its 10-year median of 25.56. GuruFocus rates BIP with a GF Score™ of 91/100 and a GF Value™ of $41.69 (Fairly Valued). The stock has 9 warning signs investors should review. Among 425 Utilities - Regulated companies, Brookfield Infrastructure Partners LP ranks better than 76.94% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Brookfield Infrastructure Partners LP's forward rate of return for was 16.51%.
The historical rank and industry rank for Brookfield Infrastructure Partners LP's Forward Rate of Return (Yacktman) % or its related term are showing as below:
BIP'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 16.47 Med: 25.56 Max: 30.99
Current: 16.47
During the past 13 years, Brookfield Infrastructure Partners LP's highest Forward Rate of Return was 30.99. The lowest was 16.47. And the median was 25.56.
BIP's Forward Rate of Return (Yacktman) % is ranked better than 76.94% of 425
companies
in the Utilities - Regulated industry
Industry Median: 6.48
vs BIP: 16.47
Unlike the Earnings Yield %, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Unlike the Earnings Yield, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over five years. The reason we use five years is to make it comparable to the growth rate.
Be Aware
In the Forward Rate of Return calculation, the growth rate is added directly to today's free cash flow yield. Therefore the calculation is reliable only if the company can grow at the same rate in the future as it did in the past. Investors should pay close attention to this when researching growth stocks. A more accurate measurement for return is Return on Capital.
Brookfield Infrastructure Partners LP Forward Rate of Return (Yacktman) % Related Terms
Brookfield Infrastructure Partners LP Forward Rate of Return (Yacktman) % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BIP vs SRE, AES: Forward Rate of Return (Yacktman) % Comparison
For the Utilities - Diversified subindustry, Brookfield Infrastructure Partners LP's Forward Rate of Return (Yacktman) %, along with its competitors' market caps and Forward Rate of Return (Yacktman) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Brookfield Infrastructure Partners LP Forward Rate of Return (Yacktman) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Brookfield Infrastructure Partners LP's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Brookfield Infrastructure Partners LP's Forward Rate of Return (Yacktman) % falls into.
Forward Rate of Return is a concept that Don Yacktman uses in his investment approach. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. He said in the interview (March 2012, when the S&P 500 was at about 1400):
If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.
The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Rate of Return (Yacktman) % of 16.51% mean?
Brookfield Infrastructure Partners LP (BIP) has a Forward Rate of Return (Yacktman) % of 16.51% as of Jun. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Brookfield Infrastructure Partners LP and its competitors. This is 35% below median its historical median of 25.56. Over the past decade, Brookfield Infrastructure Partners LP's Forward Rate of Return (Yacktman) % has ranged from 16.47 to 30.99. According to the industry distribution chart, Brookfield Infrastructure Partners LP ranks #98 out of 425 companies in the Utilities - Regulated industry, placing it in the top 23.1%.
Is Brookfield Infrastructure Partners LP's Forward Rate of Return (Yacktman) % too high?
Brookfield Infrastructure Partners LP's current Forward Rate of Return (Yacktman) % of 16.51% is 35% below median its 10-year median of 25.56. Over the past 10 years, this metric has ranged from a low of 16.47 to a high of 30.99. The Utilities - Regulated industry median Forward Rate of Return (Yacktman) % is 6.48. Brookfield Infrastructure Partners LP's value of 16.51% is 154.8% above this industry median. Based on the distribution chart, Brookfield Infrastructure Partners LP ranks #98 out of 425 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Brookfield Infrastructure Partners LP has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Brookfield Infrastructure Partners LP's Forward Rate of Return (Yacktman) % compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Brookfield Infrastructure Partners LP ranks #98 out of 425 companies for Forward Rate of Return (Yacktman) %. This places Brookfield Infrastructure Partners LP in the top 23% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 6.48. Brookfield Infrastructure Partners LP's value of 16.51% is 154.8% above this benchmark. Historically, Brookfield Infrastructure Partners LP's own Forward Rate of Return (Yacktman) % has ranged from 16.47 to 30.99 over the past decade. While the company's 10-year median is 25.56 vs. the industry median of 6.48, Brookfield Infrastructure Partners LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Rate of Return (Yacktman) % for an Utilities - Regulated company?
The median Forward Rate of Return (Yacktman) % among Utilities - Regulated companies is 6.48, based on 425 companies in the industry. Companies in the top quartile (top 25%) have a Forward Rate of Return (Yacktman) % significantly above this median, while those in the bottom quartile fall well below. However, Forward Rate of Return (Yacktman) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Brookfield Infrastructure Partners LP's current Forward Rate of Return (Yacktman) % of 16.51% is 154.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Rate of Return (Yacktman) % mean?
A high Forward Rate of Return (Yacktman) % can signal that a stock is expensive relative to its fundamentals. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Brookfield Infrastructure Partners LP and its competitors. For the Utilities - Regulated industry, the median Forward Rate of Return (Yacktman) % is 6.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brookfield Infrastructure Partners LP's current Forward Rate of Return (Yacktman) % is 16.51%, which is 35% below median its own 10-year median of 25.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookfield Infrastructure Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Brookfield Infrastructure Partners LP (BIP) is currently considered Fairly Valued. The stock's GF Value™ is $41.69, compared to a current price of $38.95 — trading 6.6% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 16.51%, which is 35% below median its 10-year median of 25.56 and 154.8% above the Utilities - Regulated industry median of 6.48. Brookfield Infrastructure Partners LP's overall GF Score™ is 91/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Rate of Return (Yacktman) % calculated?
Forward Rate of Return (Yacktman) % is calculated from a company's financial statements. For Brookfield Infrastructure Partners LP (BIP), the current Forward Rate of Return (Yacktman) % is 16.51% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Brookfield Infrastructure Partners LP (BIP) Overvalued in 2026?
Based on GuruFocus' analysis, Brookfield Infrastructure Partners LP stock appears to be undervalued.
The current stock price of $38.95 is trading 6.6% below its estimated GF Value™ of $41.69.
GuruFocus considers Brookfield Infrastructure Partners LP to be Fairly Valued.
Key valuation signals for BIP:
Forward Rate of Return (Yacktman) %: 16.51% (35% below median its 10-year median of 25.56)
GF Value™: $41.69 vs. price of $38.95 (6.6% below fair value)
Industry Position: 154.8% above the Utilities - Regulated median (#98 of 425)
No single metric tells the full story. See the BIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics that tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's operating segments consist of: Utilities, Transport, Midstream, Data and Corporate. Geographically, it generates maximum revenue from USA and also has a presence in Australia, Colombia, United Kingdom, Brazil, India, France, Germany, Canada, and Other.
91GF Score
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