← ENBRIDGE INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $34.6b
$44.4b +28.41%
$21.1b -52.34%
$19.7b -6.87%
$18.8b -4.47%
$19.4b +3.27%
$23.9b +23.08%
$24.2b +1.18%
$25.9b +7.19%
$29.3b +13.07%
$83.5b +184.67%
Commodity sales $22.8b — — — — — — — — — —
Gas distribution sales $2.5b — — — — — — — — — —
Cost of Goods and Services Sold $24.0b
$28.6b +19.30%
$29.4b +2.67%
$31.0b +5.45%
$20.7b -33.33%
$28.7b +38.86%
$32.6b +13.54%
$21.4b -34.44%
$6.9b -67.88%
$8.4b +22.42%
$62.0b +637.94%
Gross Profit (Calculated) $10.6b
$15.7b +49.13%
($8.3b) -152.42%
($11.3b) -37.04%
($1.9b) +83.62%
($9.3b) -400.54%
($8.7b) +6.44%
$2.8b +132.66%
$19.1b +573.35%
$20.9b +9.70%
—
General and Administrative Expense $4.4b $6.4b $6.8b $7.0b $6.7b $6.7b $8.2b $8.6b $9.4b $10.0b ($157.0m)
Amortization of Intangible Assets $177.0m $280.0m $281.0m $296.0m $294.0m $348.0m $483.0m $535.0m $530.0m $534.0m —
Operating Lease, Expense — — — $113.0m $107.0m $95.0m $118.0m $131.0m $132.0m — —
Operating Lease, Lease Income — — — $625.0m $626.0m $596.0m $587.0m $540.0m $550.0m $571.0m —
Operating expenses:
Operating Income (Loss) $2.6b
$1.6b -39.13%
$4.8b +206.56%
$8.3b +71.51%
$8.0b -3.67%
$7.8b -1.91%
$5.2b -33.66%
$8.7b +67.07%
$9.6b +11.54%
$11.0b +13.57%
$11.4b +3.78%
Other Operating Income (Expense), Net $2.6b — — — — — $186.0m $382.0m $564.0m — —
Interest Expense $1.6b $2.6b $2.7b $2.7b $2.8b $2.7b $3.2b $3.8b $4.4b $5.0b $5.1b
Interest Income, Other — — — — — $39.0m $30.0m — — — —
Investment Income, Interest $3.0m — — — — — — — — — —
Foreign Currency Transaction Gain (Loss), Realized — — — — — — $92.0m ($129.0m) $121.0m ($428.0m) —
Foreign Currency Transaction Gain (Loss), before Tax $91.0m $237.0m ($522.0m) $477.0m $181.0m $286.0m — — — — —
Income (Loss) from Equity Method Investments $428.0m $1.1b $1.5b $1.5b $1.1b $1.7b $2.1b $1.8b $2.3b $2.2b —
Other Nonoperating Income (Expense) $1.0b $199.0m $516.0m $258.0m $74.0m $374.0m ($589.0m) $1.2b ($1.3b) $1.6b —
Other income/(expense) (Note 27) $1.0b — — — — — — — — — —
Earnings from continuing operations before income taxes $2.5b $569.0m $3.6b $7.5b $4.2b $7.7b $4.5b $7.9b $7.3b $9.8b —
Current Income Tax Expense (Benefit) $99.0m $180.0m $385.0m $552.0m $327.0m $324.0m $647.0m $401.0m $949.0m $979.0m $1.7b
Income taxes (Note 25) ($142.0m) — — — — — — — — — —
Net Income (Loss) Attributable to Parent $2.1b
$2.9b +38.18%
$2.9b +0.80%
$5.7b +97.95%
$3.4b -41.05%
$6.2b +84.03%
$3.0b -51.48%
$6.2b +106.16%
$5.4b -12.11%
$7.5b +37.68%
$5.7b -23.90%
Net Income (Loss) Available to Common Stockholders, Basic $1.8b
$2.5b +42.40%
$2.5b -0.55%
$5.3b +111.61%
$3.0b -43.95%
$5.8b +94.97%
$2.6b -55.48%
$5.8b +125.53%
$5.1b -13.46%
$7.1b +39.96%
$5.7b -19.39%
Net Income (Loss) Attributable to Noncontrolling Interest $240.0m $407.0m $451.0m $122.0m $53.0m $125.0m ($65.0m) ($133.0m) $190.0m — $5.7b
Preferred Stock Dividends and Other Adjustments $293.0m $330.0m $367.0m $383.0m $380.0m $373.0m $414.0m $352.0m $388.0m $419.0m $426.0m
Continuing operations (in Canadian dollars per share) $1.93 — — — — — — — — — —
Earnings Per Share, Basic $1.95 — — $2.64 $1.48 $2.87 $1.28 $2.84 $2.34 $3.23 $2.96
Earnings Per Share, Diluted $1.93 — — $2.63 $1.48 $2.87 $1.28 $2.84 $2.34 $3.22 $2.95
Income (Loss) from Continuing Operations, Per Basic Share $2 $2 $1 — — — — — — — —
Income (Loss) from Continuing Operations, Per Diluted Share $2 $2 $1 — — — — — — — —
Weighted Average Number of Shares Outstanding, Basic 911.0m 1.5b 1.7b 2.0b 2.0b 2.0b 2.0b 2.1b 2.2b 2.2b 2.2b
Weighted Average Number of Shares Outstanding, Diluted 918.0m 1.5b 1.7b 2.0b 2.0b 2.0b 2.0b 2.1b 2.2b 2.2b 2.2b
Additional Financial Items
(Earnings)/loss attributable to noncontrolling interests and redeemable noncontrolling interests ($240.0m) — — — — — — — — — —
Commodity costs $22.4b — — — — — — — — — —
Depreciation and amortization $2.2b — — — — — — — — — —
Earnings attributable to Enbridge Inc. $2.1b — — — — — — — — — —
Earnings/(loss) $2.3b — — — — — — — — — —
Earnings/(loss) attributable to Enbridge Inc. common shareholders $1.8b — — — — — — — — — —
Earnings/(loss) from continuing operations $1.8b — — — — — — — — — —
Environmental Remediation Expense ($2.0m) — — — — — — — — — —
Environmental costs, net of recoveries ($2.0m) — — — — — — — — — —
Gas distribution costs $1.6b — — — — — — — — — —
Goodwill impairment (Note 15) $0 — — — — — — — — — —
Goodwill, Impairment Loss $0 $102.0m $1.0b $0 $0 — $2.5b $0 $0 — $240.0m
Impairment of property, plant and equipment (Note 9) $1.4b — — — — — — — — — —
Income from equity investments (Note 11) $428.0m — — — — — — — — — —
Preference share dividends ($293) — — — — — — — — — —
Transportation and other services $9.3b — — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $1.8b — — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $2.3b $3.3b $3.3b $5.8b $3.4b $6.3b — — — — —
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component — — — — — — ($239.0m) ($135.0m) ($188.0m) ($293.0m) —
Total expenses $32.0b — — — — — — — — — $72.1b

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.