Infrastructure Stocks to Invest in During 2026

Infrastructure is essential to transport and store energy, water, freight, passengers, and data. It's the physical backbone of the global economy, so a well-maintained infrastructure is vital to the health and continued growth of the economy.

Infrastructure is costly to build and maintain. The U.S. alone needs to invest an estimated $3.5 trillion by 2033 to bring its surface transportation infrastructure up to date, according to the American Society of Engineers. On top of that, the country needs to invest money in water transportation ($45 billion), energy ($1.9 trillion), aviation ($310 billion), and drinking water, wastewater, and stormwater ($1.7 trillion) infrastructure.

Globally, the need for infrastructure investment is even greater. Swiss Re estimates that the investment required through 2040 to rebuild and expand the world's infrastructure is more than $80 trillion.

Governments can't afford that expense by themselves, which is leading them to increasingly collaborate with companies in the private sector. An infrastructure company may own, operate, build, maintain, or expand infrastructure systems. The different types include:

• Transportation infrastructure: The physical assets that move people and freight from one place to another, including airports, railroads, toll roads, and ports.
• Commodity infrastructure: The physical assets that produce, transport, process, and store commodities such as water, oil, natural gas, refined petroleum products, and electricity.
• Data infrastructure: Physical networks and components that enable the movement and storage of information, such as communications towers and data centers.

1. Brookfield Infrastructure

Brookfield Infrastructure (BIP +0.82%) (BIPC +0.57%) is a major beneficiary of the trend in government entities increasingly transferring ownership of infrastructure assets to the private sector to fund new investment. It’s a leader in owning, operating, and acquiring transportation, midstream energy, utility, and data infrastructure. Brookfield holds a diversified, global portfolio of infrastructure companies.

Its strategy has paid off. Brookfield Infrastructure has a long history of increasing its dividend payments and outperforming the S&P 500 (^GSPC -0.35%). The company expects to boost its dividend by 5% to 9% annually over the long term, fueled by more than 10% annual funds from operations (FFO) per share growth. That makes it likely to continue paying a higher-than-average dividend yield.

2. Enbridge

Enbridge (ENB +0.44%) is one of the leading energy infrastructure companies in North America. It operates oil and gas pipelines, other midstream assets, and natural gas utilities. The company also has a sizable renewable energy business.

Enbridge has increased its dividend for 30 consecutive years. Despite the shift toward cleaner alternative energy sources, it’s still growing and estimates it can increase its annual cash flow per share at a 3% compound annual rate through 2026 and by 5% thereafter, leaving Enbridge well-positioned to continue increasing its high-yielding dividend.

3. American Tower

American Tower (AMT -0.54%) is one of the largest infrastructure-focused real estate investment trusts (REITs). The company enables mobile data and voice transmissions by operating large communications towers around the world. This infrastructure is crucial for enabling 5G networks to expand. American Tower also has a highly interconnected U.S. data center platform.

American Tower sees a long investment opportunity ahead, supporting the continued growth of communications and data infrastructure. The infrastructure REIT expects the growth to steadily increase its cash flow and its dividend.

4. Caterpillar

Caterpillar (CAT +1.42%) is a leading global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company's products make it a prime beneficiary of increasing global infrastructure spending.

The industrial company has a long history of creating value for shareholders. Caterpillar has increased its dividend for more than 30 years. This trend should continue, given the growing need for equipment to build and maintain global infrastructure.

5. Fluor

The iShares Global Infrastructure ETF (IGF -0.75%) holds stocks in roughly 75 infrastructure companies that are primarily focused on serving developed countries. This infrastructure ETF offers targeted global access to companies that provide transportation, communication, water, and electricity services. The ETF had about $8.3 billion in assets and has a 0.39% expense ratio.

2. Global X US Infrastructure Development ETF

The Global X US Infrastructure Development ETF (PAVE +0.32%) holds stocks in about 100 infrastructure companies, all of which are poised to benefit from an increase in U.S. infrastructure investment spending. The fund holds the stocks of raw materials producers, heavy equipment makers, and engineering and construction companies. The fund has $9.7 billion in AUM and charges a 0.47% ETF expense ratio.

3. FlexShares STOXX Global Broad Infrastructure Index Fund

The FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA -1.10%) is an ETF that holds more than 200 infrastructure stocks. The fund provides global exposure to the energy, utilities, communications, and transportation sectors. The fund had $3 billion of AUM in late 2025 and charges a 0.47% expense ratio.

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Is investing in infrastructure right for you?

The global economy requires trillions of dollars of spending in the coming decades to rebuild aging infrastructure and construct new assets to meet the needs of steadily rising populations. With such immense needs and so many ways to invest, adding infrastructure stocks or ETFs to your investment portfolio is a straightforward way to profit from this megatrend.