Macquarie Infrastructure Corporation owns and operates a portfolio of businesses that provide services to other businesses, government agencies, and individuals. It operates through four segments: International-Matex Tank Terminals (IMTT), Atlantic Aviation, Contracted Power (CP), and MIC Hawaii. The IMTT segment offers bulk liquid storage, handling, and other services for petroleum products, chemicals, renewable fuels, and vegetable and animal oils through a network of 19 marine terminals, including 17 in the United States and 2 in Canada. This segment also provides environmental emergency response, industrial, and waste transportation and disposal services. The Atlantic Aviation segment offers fuel delivery, de-icing, aircraft parking, and hangar rental services to owners/operators of jet aircraft, as well as for commercial, military, freight, and government aviation customers. The CP segment generates electricity through wind, solar, and gas-fired facilities. As of December 31, 2017, this segment had interests in 7 solar power generating facilities with an aggregate generating capacity of 142 megawatts (MW) located in Arizona, California, Texas, Minnesota, and Utah; 2 wind power generating facilities with an aggregate generating capacity of 203 MW situated in Idaho and New Mexico; and gas-fired facility with a generating capacity of 512 MW located in Bayonne, New Jersey. The MIC Hawaii segment processes, distributes, and sells synthetic and renewable natural gas; and distributes and sells liquefied natural gas and petroleum gas to residential, commercial, hospitality, military, and wholesale customers, as well as to the public sector in Oahu, Hawaii, Maui, Kauai, Molokai, and Lanai. This segment's products are used in various commercial and residential applications, such as water heating, drying, cooking, power generation, and other uses, as well as for use in specialty vehicles. The company was founded in 2004 and is based in New York, New York.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Petroleum products, not elsewhere classified
Sub-IndustryN/A
SectorMulti-Sector Conglomerates
SymbolNYSE:MIC
CUSIPN/A
Phone212-231-1000
Debt
Debt-to-Equity Ratio1.03
Current Ratio2.41
Quick Ratio2.35
Price-To-Earnings
Trailing P/E Ratio16.18
Forward P/E Ratio17.40
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.81 billion
Price / Sales1.95
Cash Flow$6.2006 per share
Price / Cash6.68
Book Value$39.62 per share
Price / Book1.05
Profitability
EPS (Most Recent Fiscal Year)$2.56
Net Income$451.20 million
Net Margins26.49%
Return on Equity6.32%
Return on Assets2.57%
Miscellaneous
Employees1,100
Outstanding Shares85,370,000
Market Cap$3.58 billion
