ENBRIDGE INC. (ENB) FY2025 Annual P&L / Income Statement

Revenue by Geography

2025-01-01 to 2025-12-31

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ENBRIDGE INC. (ENB) FY2025 Annual P&L / Income StatementIncome statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETUNITED STATESCANADATotal operating revenues (Note 4)Gross profit (calculated)Cost of revenue (calculated)Commodity costs and Gas distribution costsOperating incomeOperating expenses (calculated)Operating and administrativeDepreciation and amortizationImpairment of long-lived assetsEarnings before income taxesOther income (expense), net (calculated)EarningsIncome tax expense (Note 24)Total operating revenues (Note 4)Total operatingrevenues (Note 4)$65.19 BGross profit (calculated)Gross profit(calculated)$27.16 BEarnings before income taxesEarnings beforeincome taxes$9.79 BOperating incomeOperating income$10.96 BEarningsEarnings$7.79 BOperating expenses (calculated)Operating expenses(calculated)$16.20 BUNITED STATESUNITED STATES$42.12 BIncome tax expense (Note 24)Income taxexpense (Note 24)$2.00 BOperating and administrativeOperating and administrative$9.97 BOther income (expense), net (calculated)Other income,net (calculated)−$1.17 BCost of revenue (calculated)Cost of revenue(calculated)$38.04 BDepreciation and amortizationDepreciation and amortization$5.66 BCANADACANADA$23.08 BImpairment of long-lived assetsImpairment of long-lived assets$570.00 MCommodity costs and Gas distribution costsCommodity costs andGas distribution costs$38.04 B
Chart details

ENBRIDGE INC. (ENB) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total operating revenues (Note 4)
65,194,000,000 US dollars
Cost of revenue (calculated)
38,036,000,000 US dollars
Gross profit (calculated)
27,158,000,000 US dollars
Operating expenses (calculated)
16,200,000,000 US dollars
Operating income
10,958,000,000 US dollars
Other income (expense), net (calculated)
negative 1,165,000,000 US dollars
Earnings before income taxes
9,793,000,000 US dollars
Income tax expense (Note 24)
2,004,000,000 US dollars
Earnings
7,789,000,000 US dollars
CANADA
23,077,000,000 US dollars
UNITED STATES
42,117,000,000 US dollars
Commodity costs and Gas distribution costs
38,036,000,000 US dollars
Operating and administrative
9,969,000,000 US dollars
Depreciation and amortization
5,661,000,000 US dollars
Impairment of long-lived assets
570,000,000 US dollars

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.
ENBRIDGE INC. (ENB) FY2025 Annual Revenue by Geography Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

41.7%

Gross profit / revenue

Operating margin

16.8%

Operating profit / revenue

Cash conversion

157.5%

Operating cash / net income, same period

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