ENBRIDGE INC. (ENB) FY2024 Annual P&L / Income Statement
2024-01-01 to 2024-12-31
Revenue by Product and Service
2024-01-01 to 2024-12-31
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ENBRIDGE INC. (ENB) FY2024 Annual P&L / Income Statement
Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue and costs use their disclosed categories.
- Total operating revenues (Note 4)
- 53,473,000,000 US dollars
- Cost of revenue (calculated)
- 29,040,000,000 US dollars
- Gross profit (calculated)
- 24,433,000,000 US dollars
- Operating expenses (calculated)
- 14,784,000,000 US dollars
- Operating income
- 9,649,000,000 US dollars
- Other income (expense), net (calculated)
- negative 2,350,000,000 US dollars
- Earnings before income taxes
- 7,299,000,000 US dollars
- Income tax expense (Note 24)
- 1,668,000,000 US dollars
- Earnings
- 5,631,000,000 US dollars
- Commodity sales revenue
- 27,018,000,000 US dollars
- Gas distribution sales revenue
- 6,802,000,000 US dollars
- Transportation and other services
- 19,653,000,000 US dollars
- Commodity sales cost of revenue
- 26,556,000,000 US dollars
- Gas distribution sales cost of revenue
- 2,484,000,000 US dollars
- Impairment of long-lived assets
- 190,000,000 US dollars
- Operating and administrative
- 9,427,000,000 US dollars
- Depreciation and amortization
- 5,167,000,000 US dollars
- Impairment of goodwill
- 0 US dollars
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to ENBRIDGE INC.: $5.44 B; to noncontrolling interests: $190.00 M.

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Gross margin
45.7%
Gross profit / revenue
Operating margin
18.0%
Operating profit / revenue
Cash conversion
223.8%
Operating cash / net income, same period
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