Enbridge ROE 2024

Enbridge ROE

0.1

Enbridge Dividend yield

7.25 %

Ticker

ENB.TO

ISIN

CA29250N1050

WKN

885427

In 2024, Enbridge's return on equity (ROE) was 0.1, a 119.78% increase from the 0.04 ROE in the previous year.

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.

ROE Details

Decoding Enbridge's Return on Equity (ROE)

Enbridge's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Enbridge's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Enbridge's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Enbridge’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Enbridge Stock

What is the ROE (Return on Equity) of Enbridge this year?

The ROE of Enbridge this year is 0.1 undefined.

How has the Return on Equity (ROE) of Enbridge developed compared to the previous year?

The ROE of Enbridge has increased by 119.78% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Enbridge?

A high ROE indicates that Enbridge generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Enbridge?

A low ROE can indicate that Enbridge is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Enbridge affect the company?

A change in ROE (Return on Equity) of Enbridge can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Enbridge?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Enbridge?

Some factors that can influence Enbridge's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 7.25 %. 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 7.25 %.

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 6.87 %.

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.