Enbridge Net Income 2024

Enbridge Net Income

6.07 B CAD

Enbridge Dividend yield

7.61 %

Ticker

ENB.TO

ISIN

CA29250N1050

WKN

885427

In 2024, Enbridge's profit amounted to 6.07 B CAD, a 3.91% increase from the 5.84 B CAD profit recorded in the previous year.

The Enbridge Net Income history

YEARNET INCOME (undefined CAD)
2027e7.67
2026e7.02
2025e6.37
2024e6.07
20235.84
20222.59
20215.82
20202.98
20195.32
20182.52
20172.53
20161.78
2015-0.04
20141.15
20130.45
20120.6
20110.8
20100.94
20091.54
20081.32
20070.7
20060.62
20050.56
20040.65

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.

Net Income Details

Understanding Enbridge's Profit Margins

The profit margins of Enbridge represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Enbridge's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Enbridge's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Enbridge's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Enbridge’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Enbridge Stock

How much profit has Enbridge made this year?

Enbridge has made 6.07 B CAD this year.

How has the profit developed compared to last year?

The profit has increased by 3.91% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Enbridge publish its earnings?

Enbridge publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Enbridge?

The profits of Enbridge are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Enbridge?

You can learn more about the earnings of Enbridge by reviewing the quarterly or annual reports or following the company presentations.

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 7.61 %. 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 7.61 %.

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 7.2 %.

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.