Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
As of Mar. 2026, Brookfield Infrastructure has a Sloan Ratio of -6.51%, indicating the company is in the safe zone and there is no funny business with accruals.
Brookfield Infrastructure (NYSE:BIPC) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Mar. 2026, Brookfield Infrastructure has a Sloan Ratio of -6.51%, indicating the company is in the safe zone and there is no funny business with accruals.
Brookfield Infrastructure Sloan Ratio % Related Terms
Brookfield Infrastructure Sloan Ratio % 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.
For the Utilities - Regulated Gas subindustry, Brookfield Infrastructure's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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 Sloan Ratio % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Brookfield Infrastructure's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Brookfield Infrastructure's Sloan Ratio % falls into.
Brookfield Infrastructure Sloan Ratio % Calculation
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Brookfield Infrastructure's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Brookfield Infrastructure's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -477 (Jun. 2025 ) + 82 (Sep. 2025 ) + -235 (Dec. 2025 ) + -112 (Mar. 2026 ) = $-742 Mil.
Brookfield Infrastructure's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 478 (Jun. 2025 ) + 389 (Sep. 2025 ) + 498 (Dec. 2025 ) + 183 (Mar. 2026 ) = $1,548 Mil.
Brookfield Infrastructure's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was 195 (Jun. 2025 ) + -873 (Sep. 2025 ) + 98 (Dec. 2025 ) + -133 (Mar. 2026 ) = $-713 Mil.
* 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.
Brookfield Infrastructure (BIPC) has a Sloan Ratio % of -6.51% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Brookfield Infrastructure and its competitors.
Is Brookfield Infrastructure's Sloan Ratio % too high?
Brookfield Infrastructure's current Sloan Ratio % is -6.51%. Overall, Brookfield Infrastructure has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brookfield Infrastructure's Sloan Ratio % compare to ATO and NI?
Brookfield Infrastructure's Sloan Ratio % of -6.51% can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for an Utilities - Regulated company?
A good Sloan Ratio % depends on the Utilities - Regulated industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Brookfield Infrastructure and its competitors. Brookfield Infrastructure's current Sloan Ratio % is -6.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookfield Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Brookfield Infrastructure (BIPC) is currently considered Modestly Undervalued. The stock's GF Value™ is $46.49, compared to a current price of $39.00 — trading 16.1% below its estimated fair value. The current Sloan Ratio % is -6.51%. Brookfield Infrastructure's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Brookfield Infrastructure (BIPC), the current Sloan Ratio % is -6.51% as of Mar. 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 (BIPC) Overvalued in 2026?
Based on GuruFocus' analysis, Brookfield Infrastructure stock appears to be undervalued.
The current stock price of $39.00 is trading 16.1% below its estimated GF Value™ of $46.49.
GuruFocus considers Brookfield Infrastructure to be Modestly Undervalued.
Key valuation signals for BIPC:
Sloan Ratio %: -6.51%
GF Value™: $46.49 vs. price of $39.00 (16.1% below fair value)
No single metric tells the full story. See the BIPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brookfield Infrastructure Corp is an indirect subsidiary of the partnership of the diversified infrastructure owner and operators. Its business is comprised of a U.K. regulated distribution operation, a Brazilian regulated natural gas transmission operation and an international intermodal logistics operation. Geographically, the company generates a majority of its revenue from Brazil and rest from United Kingdom, United States, France, Switzerland, Singapore, China, Denmark, Hong Kong, Germany and Others.
84GF Score
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