Enbridge (Enbridge) Net Margin %

: 16.09% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Enbridge's Net Income for the three months ended in Dec. 2023 was $1,355 Mil. Enbridge's Revenue for the three months ended in Dec. 2023 was $8,421 Mil. Therefore, Enbridge's net margin for the quarter that ended in Dec. 2023 was 16.09%.

The historical rank and industry rank for Enbridge's Net Margin % or its related term are showing as below:

ENB' s Net Margin % Range Over the Past 10 Years
Min: 0.74 Med: 6.33 Max: 14.18
Current: 14.18

ENB's Net Margin % is ranked better than
70.43% of 974 companies
in the Oil & Gas industry
Industry Median: 4.205 vs ENB: 14.18

Enbridge Net Margin % Historical Data

The historical data trend for Enbridge's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Enbridge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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11.39

8.60

13.15

5.63

14.18

Enbridge Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-7.32	15.05	18.55	6.31	16.09

Competitive Comparison

For the Oil & Gas Midstream subindustry, Enbridge's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Enbridge Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Enbridge's Net Margin % distribution charts can be found below:

* The bar in red indicates where Enbridge's Net Margin % falls into.

Enbridge Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Enbridge's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	4614.639	/	32535.033
	=	14.18 %

Enbridge's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1355.098	/	8421.288
	=	16.09 %

Enbridge (NYSE:ENB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Enbridge Net Margin % Related Terms

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Enbridge (Enbridge) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enbridge Inc (NYSE:ENB) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

Address

425 - 1st Street S.W., Suite 200, Calgary, AB, CAN, T2P 3L8

Website

https://www.enbridge.com

Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. The firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.

Executives

Albert Monaco	director, officer: See Remarks	#3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Mark A. Maki	officer: See remarks	425 - 1ST STREET S.W., CALGARY A0 T2P 3L8
Gruending Colin K	officer: See Remarks	75 DISCOVERY RIDGE PLACE SW, CALGARY A0 T3H 5G4
Laura Buss Sayavedra	officer: See Remarks	5400 WESTHEIMER COURT, HOUSTON TX 77056
William T. Yardley	officer: See Remarks	5400 WESTHEIMER COURT, HOUSTON TX 77056
Susan M Cunningham	director	NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Cynthia L Hansen	officer: See Remarks	500 CONSUMERS ROAD, NORTH YORK A6 M2J 1P8
Allen C Capps	officer: See Remarks	5400 WESTHEIMER COURT, HOUSTON TX 77056-5310
D Guy Jarvis	officer: See Remarks	3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Teresa S Madden	director	414 NICOLLET MALL, MINNEAPOLIS MN 55401
Byron C Neiles	officer: See Remarks	3000, 425 1ST STREET SW, CALGARY A0 T2P 3L8
Robert R Rooney	officer: See Remarks
John K Whelen	officer: See Remarks	425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Vernon D Yu	officer: See Remarks	425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Dan C Tutcher	director	5400 WESTHEIMER COURT, HOUSTON TX 77056