Financials in USD. Standardized financial statements.
A compact view of how Enbridge Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $65.07B | $53.49B | $43.65B | $53.31B | $47.07B | $39.09B | $50.07B | $46.38B | $56.42B | $34.56B |
| Revenue Growth? | +21.7% | +22.5% | -18.1% | +13.3% | +20.4% | -21.9% | +8.0% | -17.8% | +63.2% | 0.0% |
| Cost of Revenue? | $43.85B | $34.21B | $25.89B | $32.59B | $28.70B | $20.67B | $31.00B | $29.40B | $40.43B | $24.00B |
| Gross Profit? | $21.22B | $19.27B | $22.28B | $20.72B | $18.50B | $18.42B | $19.07B | $16.98B | $15.92B | $10.55B |
| Gross Margin? | +32.6% | +36.0% | +51.1% | +38.9% | +39.3% | +47.1% | +38.1% | +36.6% | +28.2% | +30.5% |
| Operating Expenses? | $9.98B | $9.43B | $13.63B | $8.22B | $10.56B | $6.75B | $10.80B | $12.16B | $13.99B | $7.97B |
| Operating Income? | $11.24B | $9.65B | $8.47B | $5.18B | $7.80B | $7.96B | $8.26B | $4.82B | $1.57B | $2.58B |
| EBITDA? | $16.90B | $24.26B | $21.67B | $12.74B | $12.37B | $13.72B | $12.51B | $10.75B | $8.34B | $6.28B |
| Income Before Tax | $9.79B | $7.30B | $7.88B | $4.54B | $7.73B | $4.19B | $7.54B | $3.57B | $569.00M | $2.45B |
| Income Tax Expense | $2.00B | $1.67B | $1.82B | $1.60B | $1.42B | $775.75M | $1.71B | $236.25M | -$2.70B | $142.00M |
| Net Income? | $7.48B | $5.44B | $6.19B | $3.00B | $6.19B | $3.37B | $5.71B | $2.87B | $2.86B | $2.08B |
| EPS? | $3.24 | $2.34 | $2.84 | $1.28 | $2.87 | $1.48 | $2.70 | $1.46 | $1.66 | $1.95 |
| Diluted EPS? | $3.24 | $2.34 | $2.84 | $1.28 | $2.87 | $1.48 | $2.70 | $1.46 | $1.65 | $1.93 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality