NYSE : XIFR
XPLR Infrastructure, LP — Financial statements
Utilities · Utilities - Renewable · United States
Last price 9.48 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 893.71M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
XPLR Infrastructure, LP (XIFR) reported revenue of 1.20B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.20B | 1.19B | 1.23B | 1.08B | 969.00M | 722.00M |
| Operations & Maintenance | 563.00M | 498.00M | 504.00M | 517.00M | 525.00M | 359.00M |
| Selling, General & Admin | 2.00M | 3.00M | ||||
| Depreciation & Amortization | 571.00M | 564.00M | 550.00M | 521.00M | 394.00M | 251.00M |
| Other Operating Expenses | 66.00M | 68.00M | 73.00M | 65.00M | 40.00M | 28.00M |
| Total Operating Expenses | 1.20B | 1.13B | 1.13B | 1.10B | 961.00M | 641.00M |
| Operating Income | 2.00M | 58.00M | 103.00M | -25.00M | 8.00M | 81.00M |
| Interest Expense | -381.00M | -437.00M | -145.00M | -345.00M | ||
| Interest Income | 36.00M | |||||
| Net Interest Expense | -381.00M | -437.00M | -109.00M | -345.00M | ||
| Income (Loss) on Equity Investments | 113.00M | 124.00M | 103.00M | 85.00M | 233.00M | 185.00M |
| Other Non-Operating Income (Expenses) | 32.00M | 22.00M | 11.00M | 9.00M | 853.00M | 54.00M |
| EBT Excluding Unusual Items | -234.00M | -233.00M | 108.00M | -276.00M | 1.09B | 320.00M |
| Total Merger & Restructuring Charges | -3.00M | -12.00M | ||||
| Impairment of Goodwill | -253.00M | -575.00M | ||||
| Gain (Loss) on Sale of Assets | -2.00M | 9.00M | 13.00M | 36.00M | -5.00M | |
| Pretax Income | -236.00M | -477.00M | -454.00M | -279.00M | 1.13B | 303.00M |
| Income Tax Expense | -60.00M | -78.00M | -42.00M | -25.00M | 161.00M | 37.00M |
| Earnings From Continuing Ops. | -176.00M | -399.00M | -412.00M | -254.00M | 969.00M | 266.00M |
| Earnings From Discontinued Ops. | -3.00M | -37.00M | 1.00M | 472.00M | 152.00M | 158.00M |
| Net Income to Company | -179.00M | -436.00M | -411.00M | 218.00M | 1.12B | 424.00M |
| Minority Interest in Earnings | 241.00M | 408.00M | 388.00M | -18.00M | -644.00M | -287.00M |
| Net Income | 62.00M | -28.00M | -23.00M | 200.00M | 477.00M | 137.00M |
| Net Income to Common | 62.00M | -28.00M | -23.00M | 200.00M | 477.00M | 137.00M |
| Shares Outstanding (Basic) | 94.10M | 93.90M | 93.50M | 91.60M | 84.90M | 77.20M |
| Shares Outstanding (Diluted) | 94.10M | 93.90M | 93.50M | 91.60M | 84.90M | 77.40M |
| EPS (Basic) | 0.66 | -0.30 | -0.25 | 2.18 | 5.62 | 1.77 |
| EPS (Diluted) | 0.66 | -0.30 | -0.25 | 2.18 | 5.62 | 1.77 |
| Free Cash Flow | -409.00M | -219.00M | 559.00M | -538.00M | -575.00M | 564.00M |
| Free Cash Flow Per Share | -4.35 | -2.33 | 5.98 | -5.87 | -6.77 | 7.29 |
| Dividend Per Share | 2.71 | 3.44 | 3.10 | 2.69 | ||
| Profit Margin | 5.16% | -2.36% | -1.87% | 18.55% | 49.23% | 18.98% |
| Free Cash Flow Margin | -34.03% | -18.43% | 45.45% | -49.91% | -59.34% | 78.12% |
| EBITDA | 655.00M | 705.00M | 735.00M | 578.00M | 545.00M | 449.00M |
| EBITDA Margin | 54.49% | 59.34% | 59.76% | 53.62% | 56.24% | 62.19% |
| D&A For EBITDA | 653.00M | 647.00M | 632.00M | 603.00M | 537.00M | 368.00M |
| EBIT | 2.00M | 58.00M | 103.00M | -25.00M | 8.00M | 81.00M |
| EBIT Margin | 0.17% | 4.88% | 8.37% | -2.32% | 0.83% | 11.22% |
| Effective Tax Rate | 14.25% | 12.21% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 500.00M | 960.00M | 283.00M | 274.00M | 226.00M | 147.00M |
| Accounts Receivable | 162.00M | 102.00M | 105.00M | 114.00M | 117.00M | 112.00M |
| Other Receivables | 145.00M | 125.00M | 107.00M | 128.00M | 870.00M | 1.03B |
| Inventory | 111.00M | 103.00M | 108.00M | 82.00M | 49.00M | 41.00M |
| Restricted Cash | 61.00M | 62.00M | 45.00M | 20.00M | 49.00M | 4.00M |
| Other Current Assets | 83.00M | 70.00M | 212.00M | 1.60B | 551.00M | 78.00M |
| Total Current Assets | 1.06B | 1.42B | 860.00M | 2.22B | 1.86B | 1.41B |
| Property, Plant & Equipment | 15.19B | 15.41B | 14.63B | 14.91B | 14.26B | 11.51B |
| Goodwill | 253.00M | 833.00M | 812.00M | 891.00M | ||
| Other Intangible Assets | 1.56B | 1.65B | 1.82B | 1.99B | 2.01B | 2.77B |
| Long-Term Investments | 629.00M | 625.00M | 955.00M | 1.96B | 1.97B | 1.94B |
| Long-Term Deferred Tax Assets | 263.00M | 219.00M | 215.00M | 195.00M | 322.00M | |
| Other Long-Term Assets | 548.00M | 230.00M | 1.56B | 386.00M | 1.94B | 133.00M |
| Total Assets | 18.99B | 19.59B | 20.29B | 22.51B | 23.05B | 18.98B |
| Accounts Payable | 44.00M | 58.00M | 65.00M | 72.00M | 97.00M | 882.00M |
| Accrued Expenses | 142.00M | 132.00M | 78.00M | 81.00M | 51.00M | 51.00M |
| Current Portion of Long-Term Debt | 120.00M | 762.00M | 705.00M | 1.35B | 38.00M | 59.00M |
| Other Current Liabilities | 529.00M | 616.00M | 239.00M | 170.00M | 1.14B | 269.00M |
| Total Current Liabilities | 835.00M | 1.57B | 1.09B | 1.67B | 1.33B | 1.26B |
| Long-Term Debt | 5.91B | 5.44B | 4.61B | 4.94B | 5.25B | 5.89B |
| Long-Term Leases | 50.00M | 78.00M | 80.00M | 77.00M | 45.00M | |
| Long-Term Deferred Tax Liabilities | 22.00M | 23.00M | 22.00M | 20.00M | 6.00M | |
| Other Long-Term Liabilities | 1.63B | 1.62B | 1.63B | 1.74B | 1.61B | 616.00M |
| Total Liabilities | 8.38B | 8.70B | 7.43B | 8.45B | 8.28B | 7.82B |
| Common Stock | 3.24B | 3.19B | 3.22B | 3.58B | 3.33B | 2.98B |
| Comprehensive Income & Other | -5.00M | -5.00M | -6.00M | -7.00M | -7.00M | -8.00M |
| Total Common Equity | 3.24B | 3.19B | 3.21B | 3.57B | 3.33B | 2.98B |
| Minority Interest | 7.37B | 7.71B | 9.65B | 10.49B | 11.45B | 8.18B |
| Shareholders' Equity | 10.61B | 10.90B | 12.87B | 14.06B | 14.77B | 11.16B |
| Total Liabilities & Equity | 18.99B | 19.59B | 20.29B | 22.51B | 23.05B | 18.98B |
| Total Debt | 6.03B | 6.25B | 5.39B | 6.37B | 5.37B | 5.99B |
| Net Cash (Debt) | -5.53B | -5.29B | -5.11B | -6.09B | -5.14B | -5.85B |
| Net Cash Per Share | -58.77 | -56.36 | -54.64 | -66.54 | -60.53 | -75.53 |
| Filing Date Shares Outstanding | 94.27M | 93.97M | 93.53M | 93.43M | 86.54M | 83.87M |
| Total Common Shares Outstanding | 94.27M | 94.00M | 93.50M | 93.40M | 86.50M | 83.90M |
| Working Capital | 227.00M | -146.00M | -227.00M | 545.00M | 536.00M | 149.00M |
| Book Value Per Share | 34.34 | 33.94 | 34.39 | 38.21 | 38.44 | 35.48 |
| Tangible Book Value | 1.67B | 1.54B | 1.15B | 749.00M | 503.00M | -682.00M |
| Tangible Book Value Per Share | 17.74 | 16.40 | 12.25 | 8.02 | 5.82 | -8.13 |
| Land | 79.00M | 79.00M | 78.00M | 68.00M | 102.00M | |
| Machinery | 17.59B | 16.27B | 16.08B | 14.64B | 10.44B | |
| Construction In Progress | 85.00M | 47.00M | 26.00M | 404.00M | 736.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 62.00M | -28.00M | -23.00M | 200.00M | 477.00M | 137.00M |
| Depreciation & Amortization | 653.00M | 647.00M | 632.00M | 603.00M | 537.00M | 368.00M |
| Loss (Gain) on Sale of Assets | 2.00M | -9.00M | -13.00M | -36.00M | 5.00M | |
| Loss (Gain) on Equity Investments | -4.00M | 45.00M | 76.00M | 28.00M | -47.00M | |
| Asset Writedown | 253.00M | 575.00M | ||||
| Change in Other Net Operating Assets | 84.00M | 64.00M | 14.00M | -113.00M | 18.00M | -25.00M |
| Other Operating Activities | -152.00M | -233.00M | -461.00M | 356.00M | -209.00M | 155.00M |
| Net Cash from Discontinued Operations | -343.00M | 36.00M | 37.00M | |||
| Operating Cash Flow | 645.00M | 739.00M | 800.00M | 731.00M | 776.00M | 677.00M |
| Capital Expenditures | -1.05B | -958.00M | -241.00M | -1.27B | -1.35B | -113.00M |
| Cash Acquisitions | -661.00M | -989.00M | -2.35B | |||
| Divestitures | 1.89B | 204.00M | ||||
| Investment in Securities | 1.14B | 1.45B | 15.00M | 91.00M | ||
| Other Investing Activities | 26.00M | 140.00M | 1.48B | -149.00M | 927.00M | 73.00M |
| Investing Cash Flow | 111.00M | 630.00M | 1.24B | -194.00M | -1.19B | -2.30B |
| Long-Term Debt Issued | 3.45B | 354.00M | 2.36B | 1.50B | 2.88B | |
| Total Debt Issued | 1.88B | 3.45B | 354.00M | 2.36B | 1.50B | 2.88B |
| Long-Term Debt Repaid | -2.50B | -1.34B | -1.52B | -1.56B | -1.17B | |
| Total Debt Repaid | -2.46B | -2.50B | -1.34B | -1.52B | -1.56B | -1.17B |
| Net Debt Issued (Repaid) | -582.00M | 945.00M | -991.00M | 839.00M | -57.00M | 1.71B |
| Issuance of Common Stock | 102.00M | 54.00M | 66.00M | 315.00M | 149.00M | 52.00M |
| Common Dividends Paid | -421.00M | -421.00M | -816.00M | -741.00M | -636.00M | -619.00M |
| Dividends Paid | -421.00M | -421.00M | -816.00M | -741.00M | -636.00M | -619.00M |
| Other Financing Activities | -224.00M | -1.25B | -261.00M | -940.00M | 1.09B | 522.00M |
| Financing Cash Flow | -1.12B | -674.00M | -2.00B | -527.00M | 551.00M | 1.66B |
| Net Cash Flow | -369.00M | 695.00M | 34.00M | 10.00M | 133.00M | 39.00M |
| Free Cash Flow | -409.00M | -219.00M | 559.00M | -538.00M | -575.00M | 564.00M |
| Free Cash Flow Margin | -34.03% | -18.43% | 45.45% | -49.91% | -59.34% | 78.12% |
| Free Cash Flow Per Share | -4.35 | -2.33 | 5.98 | -5.87 | -6.77 | 7.29 |
| Levered Free Cash Flow | -777.88M | -8.88M | 1.79B | -2.17B | -1.10B | 232.62M |
| Unlevered Free Cash Flow | -539.75M | 264.25M | 1.88B | -1.95B | -1.10B | 232.62M |
| Cash Interest Paid | 269.00M | 167.00M | 193.00M | 250.00M | 154.00M | 126.00M |
| Cash Income Tax Paid | -45.00M | -47.00M | -1.00M | 2.00M | ||
| Change in Working Capital | 84.00M | 64.00M | 14.00M | -113.00M | 18.00M | -25.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 900.31M | 939.66M | 1.66B | 2.84B | 6.07B | 7.08B |
| Enterprise Value | 6.43B | 13.91B | 16.74B | 19.87B | 19.84B | 17.56B |
| PE Ratio | 14.49 | 14.21 | 12.71 | 51.67 | ||
| PS Ratio | 0.75 | 0.79 | 1.35 | 2.64 | 6.26 | 9.80 |
| PB Ratio | 0.28 | 0.09 | 0.13 | 0.20 | 0.41 | 0.63 |
| P/FCF Ratio | 2.98 | 12.55 | ||||
| P/OCF Ratio | 1.40 | 1.27 | 2.08 | 3.89 | 7.82 | 10.46 |
| EV/Sales Ratio | 5.35 | 11.71 | 13.61 | 18.43 | 20.48 | 24.33 |
| EV/EBITDA Ratio | 9.82 | 19.73 | 22.77 | 34.37 | 36.41 | 39.12 |
| EV/EBIT Ratio | 3,216.10 | 239.81 | 162.52 | 2,480.28 | 216.85 | |
| EV/FCF Ratio | 29.95 | 31.14 | ||||
| Debt / Equity Ratio | 0.57 | 0.57 | 0.42 | 0.45 | 0.36 | 0.54 |
| Debt / EBITDA Ratio | 9.08 | 8.76 | 7.25 | 10.87 | 9.67 | 13.06 |
| Debt / FCF Ratio | 9.65 | 10.63 | ||||
| Net Debt / Equity Ratio | 0.52 | 0.49 | 0.40 | 0.43 | 0.35 | 0.52 |
| Net Debt / EBITDA Ratio | 8.44 | 7.51 | 6.95 | 10.54 | 9.43 | 13.02 |
| Net Debt / FCF Ratio | -13.52 | -24.16 | 9.14 | -11.33 | -8.94 | 10.37 |
| Quick Ratio | 0.97 | 0.76 | 0.46 | 0.31 | 0.92 | 1.02 |
| Current Ratio | 1.27 | 0.91 | 0.79 | 1.33 | 1.40 | 1.12 |
| Asset Turnover | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 |
| Return on Equity (ROE) | -1.61% | -3.36% | -3.06% | -1.76% | 7.47% | 2.82% |
| Return on Assets (ROA) | 0.01% | 0.18% | 0.30% | -0.07% | 0.02% | 0.32% |
| Return on Capital Employed (ROCE) | 0.00% | 0.30% | 0.50% | -0.10% | 0.00% | 0.50% |
| Earnings Yield | 6.90% | -2.98% | -1.38% | 7.04% | 7.86% | 1.93% |
| FCF Yield | -45.33% | -23.31% | 33.58% | -18.93% | -9.48% | 7.97% |
| Dividend Yield | 15.25% | 11.32% | 4.41% | 3.19% | ||
| Payout Ratio | 370.50% | 133.33% | 451.82% | |||
| Buyback Yield / Dilution | -0.48% | -0.43% | -2.07% | -7.89% | -9.69% | -13.16% |
| Total Shareholder Return | -0.48% | -0.43% | 13.17% | 3.43% | -5.28% | -9.97% |