ENBRIDGE INC. (ENB) FY2024 YTD Q3 P&L / Income Statement

Revenue by Business Segment

2024-01-01 to 2024-09-30

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ENBRIDGE INC. (ENB) FY2024 YTD Q3 P&L / Income StatementIncome statement for 2024-01-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETLiquids PipelinesGas Distribution and StorageGas TransmissionRenewable Power GenerationTotal operating revenues (Note 3)Revenue before reconciliation (calculated)Intersegment revenueGross profit (calculated)Cost of revenue (calculated)Commodity costs and Gas distribution costsOperating incomeOperating expenses (calculated)Operating and administrativeDepreciation and amortizationEarnings before income taxesOther income (expense), net (calculated)EarningsIncome tax expenseRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$36.53 BTotal operating revenues (Note 3)Total operatingrevenues (Note 3)$37.26 BGross profit (calculated)Gross profit(calculated)$17.71 BEarnings before income taxesEarnings beforeincome taxes$6.45 BOperating incomeOperating income$7.20 BEarningsEarnings$5.01 BOperating expenses (calculated)Operating expenses(calculated)$10.51 BLiquids PipelinesLiquids Pipelines$26.82 BIncome tax expenseIncome tax expense$1.44 BOther income (expense), net (calculated)Other income,net (calculated)−$752.00 MOperating and administrativeOperating and administrative$6.72 BCost of revenue (calculated)Cost of revenue(calculated)$19.55 BDepreciation and amortizationDepreciation and amortization$3.78 BGas Distribution and StorageGas Distributionand Storage$4.80 BGas TransmissionGas Transmission$4.55 BCommodity costs and Gas distribution costsCommodity costs andGas distribution costs$19.55 BRenewable Power GenerationRenewable PowerGeneration$370.00 MIntersegment revenueIntersegment revenue$725.00 M
Chart details

ENBRIDGE INC. (ENB) FY2024 YTD Q3 P&L / Income Statement

Income statement for 2024-01-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total operating revenues (Note 3)
37,256,000,000 US dollars
Cost of revenue (calculated)
19,548,000,000 US dollars
Gross profit (calculated)
17,708,000,000 US dollars
Operating expenses (calculated)
10,506,000,000 US dollars
Operating income
7,202,000,000 US dollars
Other income (expense), net (calculated)
negative 752,000,000 US dollars
Earnings before income taxes
6,450,000,000 US dollars
Income tax expense
1,437,000,000 US dollars
Earnings
5,013,000,000 US dollars
Liquids Pipelines
26,815,000,000 US dollars
Gas Transmission
4,550,000,000 US dollars
Gas Distribution and Storage
4,796,000,000 US dollars
Renewable Power Generation
370,000,000 US dollars
Commodity costs and Gas distribution costs
19,548,000,000 US dollars
Operating and administrative
6,723,000,000 US dollars
Depreciation and amortization
3,783,000,000 US dollars
Revenue before reconciliation (calculated)
36,531,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Intersegment revenue
725,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

  • 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.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to ENBRIDGE INC.: $4.85 B; to noncontrolling interests: $167.00 M.
ENBRIDGE INC. (ENB) FY2024 YTD Q3 Revenue by Business Segment Sankey chart
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Gross margin

47.5%

Gross profit / revenue

Operating margin

19.3%

Operating profit / revenue

Cash conversion

178.3%

Operating cash / net income, same period

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