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? | $65.19B | $53.47B | $43.65B | $53.31B | $47.07B | $39.09B | $50.07B | $46.38B | $44.38B | $34.56B |
| Revenue Growth? | +21.9% | +22.5% | -18.1% | +13.3% | +20.4% | -21.9% | +8.0% | +4.5% | +28.4% | 0.0% |
| Cost of Revenue? | $43.70B | $34.21B | $25.98B | $36.91B | $32.55B | $24.38B | $34.40B | $32.65B | $31.80B | $26.25B |
| Gross Profit? | $21.50B | $19.27B | $17.67B | $16.40B | $14.52B | $14.71B | $15.67B | $13.73B | $15.74B | $8.31B |
| Gross Margin? | +33.0% | +36.0% | +40.5% | +30.8% | +30.8% | +37.6% | +31.3% | +29.6% | +35.5% | +24.1% |
| Operating Expenses? | $10.54B | $9.62B | $9.02B | $11.22B | $6.71B | $6.75B | $7.41B | $8.91B | $11.01B | $5.73B |
| Operating Income? | $10.96B | $9.65B | $8.65B | $5.18B | $7.80B | $7.96B | $8.26B | $4.82B | $1.57B | $2.58B |
| EBITDA? | $20.45B | $16.87B | $16.35B | $12.08B | $14.29B | $10.75B | $13.66B | $10.31B | $9.55B | $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 | $774.00M | $1.71B | $237.00M | -$2.70B | $142.00M |
| Net Income? | $7.49B | $5.44B | $6.19B | $3.00B | $6.19B | $3.36B | $5.71B | $2.88B | $2.86B | $2.07B |
| EPS? | $3.24 | $2.34 | $2.84 | $1.28 | $2.87 | $1.48 | $2.64 | $1.46 | $1.66 | $1.95 |
| Diluted EPS? | $3.24 | $2.34 | $2.84 | $1.28 | $2.87 | $1.48 | $2.63 | $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