profit from every A$100 of sales.
Infratil
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay A$24.80 for every A$1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Infratil sold, what it kept, and what it did with the cash.
Sales went from NZ$1.19 billion in 2023 to NZ$3.00 billion in 2026, with NZ$550 million of profit last year.
Infratil vs. similar companies
Infratil grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| Infratil | 24.8× · Fair price | ||
Hitachi | 35.8× · Expensive | ||
Mitsubishi | 20.3× · Fair price | ||
Itochu | 18.6× · Fair price | ||
3M | 30.0× · Expensive |
AI analysis
An AI analyst reads Infratil's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of NZD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 1,192 | 2,995 | 3,347 | 2,999 | |
| 1,058 | 2,842 | 3,122 | 2,999 | |
| 43 | 116 | -91 | 203 | |
| 901 | 1,912 | 863 | 1,195 | |
| 643 | 854 | -286 | 550 | |
| 0.89 | 1.06 | -0.31 | 0.56 | |
| 88.7% | 94.9% | 93.3% | 100.0% | |
| 3.6% | 3.9% | -2.7% | 6.8% | |
| 54.0% | 28.5% | -8.6% | 18.3% |
Balance sheet
| In millions of NZD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 10,189 | 16,110 | 17,243 | 18,176 |
| Cash | 775 | 236 | 294 | 313 |
| Total debt | 3,392 | 6,858 | 7,049 | 7,919 |
| Total liabilities | 4,378 | 8,643 | 9,028 | 9,646 |
| 4,208 | 5,919 | 6,661 | 7,677 | |
| 724 | 809 | 935 | 986 | |
| 7.3% | 7.4% | 1.3% | 2.8% | |
| 15.3% | 14.4% | -4.3% | 7.2% |
Cash flow
| In millions of NZD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| – | – | – | – | |
| 164 | 517 | 598 | 551 | |
| -156 | -59 | -212 | -356 | |
| Dividends paid | 258 | 208 | 189 | 195 |
| 10 | 9 | 46 | 109 | |
| – | – | – | – |
Valuation
- 24.8×
- –
- –
- 1.6×
- 4.5×
- –
- 17.8×
- -2.6%
- 4.0%
- 1.4%
Profitability
- 100.0%
- 6.8%
- 18.3%
- –
- 2.8%
- 4.7%
- –
- –
- –
- –
Growth
- +36.0%
- −14.4%
- –
- –
- +10.8%
Financial health
- 6.4×
- 1.03
- –
- 1.3×
- 0.52
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
35.5% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Infratil
Is Infratil a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Infratil AI analysis
What does Infratil do?
Infratil Limited is an infrastructure investment firm specializing in digital Infrastructure, renewables, and social infrastructure. They prefer to invest in renewable electricity, data centers, telecommunications networks healthcare, and airports. It invests around the world. It is in Conglomerates, based in Wellington, New Zealand.
Does Infratil pay a dividend?
Yes. At today's price the dividend is 1.4% a year, about 36% of its yearly profit. In 2026 it paid out A$195 million in dividends.
Is Infratil stock halal?
No. Infratil does not pass our halal screen: its debt is 58% of its market value, at or above the 33% limit. How we check
How has Infratil stock done over the past year?
Up 9.3% over the past twelve months, to A$11.09. It traded between A$8.84 and A$13.16 and is 15.7% below its high.
Who are Infratil's competitors?
The largest listed companies in the same industry are Hitachi, Mitsubishi, Itochu and 3M. The peers table on this page compares their profit, growth and price with Infratil's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



