ENBRIDGE INC. (ENB) FY2024 YTD Q3 P&L / Income Statement
2024-01-01 to 2024-09-30
Revenue by Business Segment
2024-01-01 to 2024-09-30
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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.
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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.
- 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.

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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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