Enbridge EBIT 2024

Enbridge EBIT

11.79 B CAD

Enbridge Dividend yield

7.4 %

Ticker

ENB.TO

ISIN

CA29250N1050

WKN

885427

In 2024, Enbridge's EBIT was 11.79 B CAD, a 32.4% increase from the 8.9 B CAD EBIT recorded in the previous year.

The Enbridge EBIT history

YEAREBIT (undefined CAD)
2027e-
2026e14.67
2025e13.05
2024e11.79
20238.9
20228.23
20217.92
20207.76
20198.17
20186.94
20176.14
20164.01
20152.34
20143.2
20131.37
20121.59
20112.59
20101.95
20091.26
20081.37
20071.15
20061.15
20051.09
20041.08

Enbridge Aktienanalyse

What does Enbridge do?

Enbridge Inc is a Canadian energy company operating in the oil and gas industry. The company was founded in 1949 and is headquartered in Calgary, Alberta. It is one of the largest energy distributors in North America and is listed on the S&P/TSX 60 Index. History Enbridge was founded as the "Interprovincial Pipe Line Company" and has since written an impressive history. In the 1960s, the Interprovincial Pipe Line Company became part of a joint project to improve oil supply between Alberta and Chicago. In the 1980s, the company shifted its focus to pipeline construction, laying the groundwork for its current business model. Business Model Enbridge operates in three business segments: pipelines, gas distribution, and renewable energy. The pipeline segment is the largest segment of the company as Enbridge owns one of the largest pipeline infrastructures in North America. The pipelines transport oil, gas, and other liquids for thousands of kilometers between Canada and the United States. Gas distribution is an important business sector for Enbridge as the company also serves as an energy provider for many households and businesses in Canada and the US. Enbridge focuses on customers in rural areas and delivers natural gas through regional networks. Renewable energy is the fastest-growing area for Enbridge. The company has made significant investments in recent years to expand its portfolio of renewable energy projects. Projects include wind and solar parks, hydropower plants, and biofuels. Products Enbridge offers a variety of products and services. The most important product is pipelines, which enable the transportation of oil and gas. Enbridge operates multiple pipelines with a total length of over 27,000 km. The pipeline infrastructure is crucial for both distribution and transportation to other areas as it provides an efficient transmission mechanism for energy. Another product offered by Enbridge is gas compression facilities. These facilities increase the pressure in the gas flow, allowing the gas to flow quickly and smoothly through the pipeline system. Enbridge also offers various services for pipeline operation and maintenance, including inspection services, repairs, and emergency management. Conclusion Enbridge is a significant player in the North American energy industry. With its extensive pipeline infrastructure and strong presence in gas distribution, the company positions itself as a key service provider for the energy industry. The growing business of renewable energy shows that Enbridge is ready to adapt to changing industry trends and expand its operations accordingly. Enbridge ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing Enbridge's EBIT

Enbridge's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Enbridge's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Enbridge's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Enbridge’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Enbridge Stock

How much did Enbridge achieve in EBIT for the current year?

In the current year, Enbridge has achieved an EBIT of 11.79 B CAD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Enbridge.

How has the EBIT of Enbridge developed in recent years?

The EBIT of Enbridge has increased by 32.405% increased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Enbridge?

The EBIT of Enbridge is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does Enbridge pay?

Over the past 12 months, Enbridge paid a dividend of 3.55 CAD . This corresponds to a dividend yield of about 7.4 %. For the coming 12 months, Enbridge is expected to pay a dividend of 3.36 CAD.

What is the dividend yield of Enbridge?

The current dividend yield of Enbridge is 7.4 %.

When does Enbridge pay dividends?

Enbridge pays a quarterly dividend. This is distributed in the months of June, September, December, March.

How secure is the dividend of Enbridge?

Enbridge paid dividends every year for the past 30 years.

What is the dividend of Enbridge?

For the upcoming 12 months, dividends amounting to 3.36 CAD are expected. This corresponds to a dividend yield of 7.01 %.

In which sector is Enbridge located?

Enbridge is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Enbridge kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Enbridge from 3/1/2024 amounting to 0.915 CAD, you needed to have the stock in your portfolio before the ex-date on 2/14/2024.

When did Enbridge pay the last dividend?

The last dividend was paid out on 3/1/2024.

What was the dividend of Enbridge in the year 2023?

In the year 2023, Enbridge distributed 3.44 CAD as dividends.

In which currency does Enbridge pay out the dividend?

The dividends of Enbridge are distributed in CAD.

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Andere Kennzahlen von Enbridge

Our stock analysis for Enbridge Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Enbridge Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.