ENBRIDGE INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $65.19B | $53.47B | $43.65B | $53.31B | $47.07B | $39.09B | $50.07B | $46.38B |
| Cost of Revenue | — | — | $21.37B | $32.59B | $28.70B | $20.67B | $31.00B | $29.40B |
| Gross Profit | — | — | $22.28B | $20.72B | $18.37B | $18.42B | $19.07B | $16.98B |
| Gross Margin | — | — | 51.1% | 38.9% | 39.0% | 47.1% | 38.1% | 36.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $9.97B | $9.43B | $8.60B | $8.22B | $6.71B | $6.75B | $6.99B | $6.79B |
| Operating Income | $10.96B | $9.65B | $8.65B | $5.18B | $7.81B | $7.96B | $8.26B | $4.82B |
| Operating Margin | 16.8% | 18.0% | 19.8% | 9.7% | 16.6% | 20.4% | 16.5% | 10.4% |
| Interest Expense | $5.02B | $4.42B | $3.81B | $3.18B | $2.66B | $2.79B | $2.66B | $2.70B |
| Pretax Income | $9.79B | $7.30B | $7.88B | $4.54B | $7.73B | $4.19B | $7.54B | $3.57B |
| Income Tax Expense | $2.00B | $1.67B | $1.82B | $1.60B | $1.42B | $774.0M | $1.71B | $237.0M |
| Net Income | $7.49B | $5.44B | $6.19B | $3.00B | $6.19B | $3.36B | $5.71B | $2.88B |
| Net Margin | 11.5% | 10.2% | 14.2% | 5.6% | 13.1% | 8.6% | 11.4% | 6.2% |
| EPS (Basic) | $3.23 | $2.34 | $2.84 | $1.28 | $2.87 | $1.48 | $2.64 | $1.46 |
| EPS (Diluted) | $3.22 | $2.34 | $2.84 | $1.28 | $2.87 | $1.48 | $2.63 | $1.46 |
| Shares Outstanding (Basic) | 2.18B | 2.16B | 2.06B | 2.03B | 2.02B | 2.02B | 2.02B | 1.72B |
| Shares Outstanding (Diluted) | 2.19B | 2.16B | 2.06B | 2.03B | 2.03B | 2.02B | 2.02B | 1.73B |
| Dividends Per Share | $3.77 | $3.66 | $3.55 | $3.44 | $3.34 | $3.24 | $2.95 | $2.68 |