Infratil - Public Comps and Valuation Multiples

Infratil Overview

About Infratil

Infratil Ltd is a New Zealand based company that invests in companies that are engaged in the energy, transport, and social infrastructure businesses. The company's business segments include Gurin Energy, Manawa Energy and Mint Renewables, which are renewable generation investments; Wellington International Airport is an airport investment; Qscan Group and RHCNZ Medical Imaging are diagnostic imaging investments and One NZ is a digital infrastructure investment. Geographically, it derives a majority of its revenue from New Zealand; and other segments.

Founded

1994

HQ

Employees

7.1K+

Website

infratil.com

Sectors

Asset Management

Financials

LTM Revenue $1.9B

LTM EBITDA $550M

EV

$10.8B

Valuation Multiples

Multiples.vc

Valuation Multiples for 15K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Browse Valuation Multiples

Infratil Financials

As of October 2025, Infratil reported last 12-month revenue of $1.9B and EBITDA of $550M.

In the same period, Infratil achieved -$43.4M in LTM net income.

See Infratil valuation multiples based on analyst estimates

Infratil P&L

In the most recent fiscal year, Infratil reported revenue of $1.9B and EBITDA of $494M.

Infratil expects next 12-month revenue of XXX and NTM EBITDA of XXX

See Infratil valuation multiples based on analyst estimates

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Revenue	$1.9B	XXX	$1.9B	XXX	XXX	XXX
Gross Profit	n/a	XXX	$1.8B	XXX	XXX	XXX
Gross Margin	n/a	XXX	93%	XXX	XXX	XXX
EBITDA	$550M	XXX	$494M	XXX	XXX	XXX
EBITDA Margin	29%	XXX	26%	XXX	XXX	XXX
EBIT	$202M	XXX	-$52.2M	XXX	XXX	XXX
EBIT Margin	10%	XXX	-3%	XXX	XXX	XXX
Net Profit	-$43.4M	XXX	-$164M	XXX	XXX	XXX
Net Margin	-2%	XXX	-9%	XXX	XXX	XXX
Net Debt	XXX	XXX	$3.2B	XXX	XXX	XXX

Financial data powered by Morningstar, Inc.

.seo-only-financials-wrapper { position: static; left: auto; width: auto; height: auto; overflow: visible; }

Financial performance metrics for Infratil including revenue, profitability, and margin analysis across different time periods. The company reported last twelve months revenue of $1.9B. EBITDA for the last twelve months was $550M. In the most recent fiscal year, Infratil achieved $1.9B in revenue and $494M in EBITDA.
Financial Metric	Last Twelve Months (LTM)	Next Twelve Months (NTM)	Most Recent Fiscal Year	Current Fiscal Year (2025)	Next Fiscal Year (2026)	Two Years Forward (2027)
Total Revenue	$1.9B	Analyst estimates available to subscribers	$1.9B	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Gross Profit	n/a	Analyst estimates available to subscribers	$1.8B	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Gross Profit Margin	n/a	Analyst estimates available to subscribers	93.3% gross profit margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortization)	$550M	Analyst estimates available to subscribers	$494M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBITDA Margin	28.5% EBITDA margin	Analyst estimates available to subscribers	25.8% EBITDA margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBIT (Earnings Before Interest and Taxes)	$202M	Analyst estimates available to subscribers	-$52.2M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBIT Margin	10.5% EBIT margin	Analyst estimates available to subscribers	-2.7% EBIT margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Income (Net Profit)	-$43.4M	Analyst estimates available to subscribers	-$164M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Profit Margin	-2.3% net profit margin	Analyst estimates available to subscribers	-8.6% net profit margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Debt Position	Detailed debt information available to subscribers	Detailed debt information available to subscribers	$3.2B	Detailed debt information available to subscribers	Detailed debt information available to subscribers	Detailed debt information available to subscribers

Financial Performance Summary for Infratil

This financial data table provides comprehensive performance metrics for Infratil, a company based in New Zealand. The metrics include revenue, profitability measures, and operational efficiency indicators across multiple time periods.

Recent Performance Highlights

Infratil generated $1.9B in revenue over the last twelve months.
The company achieved $550M in EBITDA over the last twelve months.
Net income over the last twelve months reached -$43.4M.

Fiscal Year Performance

In the most recent fiscal year, Infratil reported $1.9B in total revenue.
Fiscal year EBITDA was $494M.
The company maintained a gross profit margin of 93.3% in the most recent fiscal year.
EBITDA margin for the fiscal year was 25.8%.
Net profit margin reached -8.6% in the most recent fiscal year.

This financial data is sourced from Morningstar, Inc. and represents the most recent available information for Infratil. Forward-looking estimates and detailed financial projections are available through our premium subscription service.

Infratil Stock Performance

Infratil has current market cap of NZD 12.0B (or $6.9B), and EV of NZD 18.8B (or $10.8B).

Market Cap Evolution

Infratil Stock Data

As of November 3, 2025, Infratil's stock price is NZD 12 (or $7).

See Infratil trading valuation data

EV	Market Cap	Price 1D	Price 1M	Price 3M	Price 12M	EPS
$10.8B	$6.9B	XXX	XXX	XXX	XXX	$-0.10

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Infratil Valuation Multiples

Infratil's trades at 5.8x EV/Revenue multiple, and 16.7x EV/EBITDA.

See valuation multiples for Infratil and 15K+ public comps

Infratil Financial Valuation Multiples

As of November 3, 2025, Infratil has market cap of $6.9B and EV of $10.8B.

Equity research analysts estimate Infratil's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Infratil has a P/E ratio of -158.8x.

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Market cap (current)	$6.9B	XXX	$6.9B	XXX	XXX	XXX
EV (current)	$10.8B	XXX	$10.8B	XXX	XXX	XXX
EV/Revenue	5.6x	XXX	5.8x	XXX	XXX	XXX
EV/EBITDA	19.6x	XXX	16.7x	XXX	XXX	XXX
EV/EBIT	53.2x	XXX	-476.3x	XXX	XXX	XXX
EV/Gross Profit	n/a	XXX	n/a	XXX	XXX	XXX
P/E	-158.8x	XXX	-9806.1x	XXX	XXX	XXX
EV/FCF	-39.3x	XXX	-108.1x	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Infratil Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Infratil Margins & Growth Rates

Infratil's last 12 month revenue growth is 3%

Infratil's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.3M for the same period.

Infratil's rule of 40 is 38% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Infratil's rule of X is 37% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Infratil and other 15K+ public comps

Infratil Operational Valuation Multiples

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Revenue Growth	3%	XXX	4%	XXX	XXX	XXX
EBITDA Margin	29%	XXX	35%	XXX	XXX	XXX
EBITDA Growth	12%	XXX	-1%	XXX	XXX	XXX
Rule of 40	38%	XXX	38%	XXX	XXX	XXX
Bessemer Rule of X	XXX	XXX	37%	XXX	XXX	XXX
Revenue per Employee	XXX	XXX	$0.3M	XXX	XXX	XXX
Opex per Employee	XXX	XXX	$0.3M	XXX	XXX	XXX
S&M Expenses to Revenue	XXX	XXX	n/a	XXX	XXX	XXX
G&A Expenses to Revenue	XXX	XXX	n/a	XXX	XXX	XXX
R&D Expenses to Revenue	XXX	XXX	n/a	XXX	XXX	XXX
Opex to Revenue	XXX	XXX	96%	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics

Pharma Analytics

Private Equity

ERP Software

Developer Tools

Consumer SaaS

Streaming Platforms

Explore Valuation Multiples by Industry

Start Free Trial