Enbridge Inc Profit Margin 2010-2024 | ENB
Current and historical gross margin, operating margin and net profit margin for Enbridge Inc (ENB) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Enbridge Inc net profit margin as of June 30, 2024 is 13.54%.
| Enbridge Inc Annual Profit Margins |
| Enbridge Inc Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - Production and Pipelines |
$88.023B |
$32.332B |
|
Enbridge Inc. is a energy infrastructure company. One of its businesses is the transportation of energy through the most extensive and advanced crude and liquids pipeline system that spreads across globally. Through the Mainline and Express pipelines, the company transports barrels of crude every day o the U.S. In North America, the company is in gathering, transportation, processing and storage of natural gas. Enbridge also generates energy from wind and solar power. Enbridge is the largest diversified midstream energy player and is responsible for transporting crude in North America. Investors should know that Enbridge generates stable fee-based revenues from its diversified network of midstream assets. Over the years, the company placed online new midstream energy projects worth billions, while divesting non-core assets. The company primarily operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution & Storage, Renewable Power Generation, and Energy Services.
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