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Enbridge (TSX:ENB.PF.G.PFD) Tax Rate % : 17.74% (As of Sep. 2024)


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What is Enbridge Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Enbridge's Tax Expense for the three months ended in Sep. 2024 was C$312.00 Mil. Enbridge's Pre-Tax Income for the three months ended in Sep. 2024 was C$1,759.00 Mil. Therefore, Enbridge's Tax Rate % for the quarter that ended in Sep. 2024 was 17.74%.

Enbridge Tax Rate % Historical Data

The historical data trend for Enbridge's Tax Rate % 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 Tax Rate % Chart

Enbridge Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.67 18.47 18.31 35.31 23.11

Enbridge Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.04 29.75 19.78 26.97 17.74

Enbridge Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Enbridge's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=1821/7879
=23.11 %

Enbridge's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=312/1759
=17.74 %

* 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.

Enbridge Tax Rate % Related Terms

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Enbridge Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enbridge Inc (TSX:ENB.PF.G.PFD) » Definitions » Tax Rate %
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Traded in Other Exchanges
EBBGF.PFD:USA ENBFF.PFD:USA EBGEF.PFD:USA EBBNF.PFD:USA ENB:USA 0KTI:UK EN3:Germany EN3:Germany ENB.PF.K.PFD:Canada ENB.PR.Y.PFD:Canada ENB.PR.V.PFD:Canada ENB.PR.T.PFD:Canada ENB.PR.P.PFD:Canada ENB.PR.N.PFD:Canada ENB.PR.J.PFD:Canada ENB.PR.H.PFD:Canada ENB.PR.F.PFD:Canada ENB.PR.D.PFD:Canada ENB.PR.B.PFD:Canada ENB.PR.A.PFD:Canada ENB.PF.V.PFD:Canada ENB.PF.U.PFD:Canada ENB.PF.E.PFD:Canada ENB.PF.C.PFD:Canada ENB.PF.A.PFD:Canada ENB:Canada
Address
425 - 1st Street South West, Suite 200, Calgary, AB, CAN, T2P 3L8
Website
https://www.enbridge.com
Enbridge owns extensive midstream assets that transport hydrocarbons across the us 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.

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