Enbridge (ENB) Revenue & Revenue Breakdown


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Enbridge Revenue Highlights


Latest Revenue (Y)

$43.65B

Latest Revenue (Q)

$14.88B

Main Segment (Y)

Commodity Sales

Main Geography (Y)

CANADA

Enbridge Revenue by Period


Enbridge Revenue by Year

DateRevenueChange
2023-12-31$43.65B-18.12%
2022-12-31$53.31B13.25%
2021-12-31$47.07B20.43%
2020-12-31$39.09B-21.93%
2019-12-31$50.07B7.96%
2018-12-31$46.38B4.51%
2017-12-31$44.38B28.41%
2016-12-31$34.56B2.27%
2015-12-31$33.79B-10.22%
2014-12-31$37.64B14.35%
2013-12-31$32.92B30.08%
2012-12-31$25.31B30.43%
2011-12-31$19.40B28.26%
2010-12-31$15.13B21.35%
2009-12-31$12.47B-22.72%
2008-12-31$16.13B35.34%
2007-12-31$11.92B11.98%
2006-12-31$10.64B25.92%
2005-12-31$8.45B29.24%
2004-12-31$6.54B34.71%
2003-12-31$4.86B6.77%
2002-12-31$4.55B12.28%
2001-12-31$4.05B37.52%
2000-12-31$2.94B9.58%
1999-12-31$2.69B14.78%
1998-12-31$2.34B-7.08%
1997-12-31$2.52B2.53%
1996-12-31$2.46B5.82%
1995-12-31$2.32B292.67%
1994-12-31$591.53M49.70%
1993-12-31$395.15M-

Enbridge generated $43.65B in revenue during NA 2023, up -18.12% compared to the previous quarter, and up 94.12% compared to the same period a year ago.

Enbridge Revenue by Quarter

DateRevenueChange
2024-09-30$14.88B31.17%
2024-06-30$11.35B3.47%
2024-03-31$10.97B-2.94%
2023-12-31$11.30B14.77%
2023-09-30$9.84B-5.64%
2023-06-30$10.43B-13.61%
2023-03-31$12.07B-10.05%
2022-12-31$13.42B15.99%
2022-09-30$11.57B-12.43%
2022-06-30$13.21B-12.47%
2022-03-31$15.10B20.58%
2021-12-31$12.52B9.19%
2021-09-30$11.47B4.73%
2021-06-30$10.95B-10.17%
2021-03-31$12.19B21.77%
2020-12-31$10.01B9.86%
2020-09-30$9.11B14.50%
2020-06-30$7.96B-33.77%
2020-03-31$12.01B-2.74%
2019-12-31$12.35B6.50%
2019-09-30$11.60B-12.55%
2019-06-30$13.26B3.17%
2019-03-31$12.86B11.19%
2018-12-31$11.56B1.91%
2018-09-30$11.35B5.58%
2018-06-30$10.74B-15.57%
2018-03-31$12.73B-1.26%
2017-12-31$12.89B39.69%
2017-09-30$9.23B-16.99%
2017-06-30$11.12B-0.27%
2017-03-31$11.15B19.36%
2016-12-31$9.34B10.01%
2016-09-30$8.49B6.92%
2016-06-30$7.94B-9.73%
2016-03-31$8.79B-1.33%
2015-12-31$8.91B7.14%
2015-09-30$8.32B-3.60%
2015-06-30$8.63B8.85%
2015-03-31$7.93B-9.87%
2014-12-31$8.80B6.03%
2014-09-30$8.30B-17.25%
2014-06-30$10.03B-4.70%
2014-03-31$10.52B26.87%
2013-12-31$8.29B-7.84%
2013-09-30$9.00B14.67%
2013-06-30$7.85B-2.12%
2013-03-31$8.02B11.77%
2012-12-31$7.17B23.93%
2012-09-30$5.79B1.22%
2012-06-30$5.72B-13.72%
2012-03-31$6.63B21.91%
2011-12-31$5.44B27.25%
2011-09-30$4.27B-14.23%
2011-06-30$4.98B5.69%
2011-03-31$4.71B13.76%
2010-12-31$4.14B18.30%
2010-09-30$3.50B-0.09%
2010-06-30$3.50B-11.87%
2010-03-31$3.98B24.78%
2009-12-31$3.19B21.24%
2009-09-30$2.63B-8.33%
2009-06-30$2.87B-24.19%
2009-03-31$3.78B-3.59%
2008-12-31$3.92B-10.19%
2008-09-30$4.37B12.84%
2008-06-30$3.87B-2.42%
2008-03-31$3.97B-

Enbridge generated $14.88B in revenue during Q3 2024, up 31.17% compared to the previous quarter, and up 142.66% compared to the same period a year ago.

Enbridge Revenue Breakdown


Enbridge Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Transportation Revenue$17.99B$17.08B$14.53B$14.36B$14.30B
Storage and Other Revenue$1.07B$893.00M$648.00M$571.00M$578.00M
Gas Distribution Service$4.86B$5.65B$4.03B$3.66B-
Electricity and Transmission Revenue$259.00M$281.00M$177.00M$198.00M$180.00M
Other Revenue$486.00M$243.00M$766.00M$1.01B$1.07B
Commodity Sales$18.96B$29.15B$26.87B$19.26B-
Gas Gathering and Processing Revenue-$22.00M$49.00M$27.00M$423.00M
Transportation And Other Services Revenues----$16.55B
Commodity Sales Revenue----$29.31B
Gas Distribution Revenue----$4.21B

Enbridge's latest annual revenue breakdown by segment (product or service), as of Dec 23: Commodity Sales (43.46%), Transportation Revenue (41.23%), Gas Distribution Service (11.14%), Storage and Other Revenue (2.46%), Other Revenue (1.11%), and Electricity and Transmission Revenue (0.59%).

Quarterly Revenue by Product

Product/ServiceDec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Transportation Revenue$4.63B$4.30B$4.46B$4.60B$4.66B$4.37B$3.92B$4.13B$3.96B$3.55B$3.35B$3.67B$3.59B$3.44B$3.42B$3.91B$3.67B$3.51B$3.51B$3.60B
Other Revenue$225.00M$21.00M$161.00M$79.00M$247.00M$-190.00M$-67.00M$285.00M$187.00M$-58.00M$320.00M$317.00M$774.00M$438.00M$711.00M$-912.00M$374.00M$-73.00M$298.00M$468.00M
Storage and Other Revenue$289.00M$266.00M$260.00M$258.00M$253.00M$212.00M$246.00M$182.00M$198.00M$141.00M$151.00M$158.00M$136.00M$137.00M$146.00M$152.00M$173.00M$148.00M$123.00M$134.00M
Gas Distribution Revenue-$528.00M$792.00M$2.28B$695.00M$905.00M$2.10B$492.00M$737.00M$1.54B$440.00M$694.00M$1.42B$1.12B$454.00M$755.00M$1.88B---
Commodity Sales Revenue-$4.65B$4.68B$4.78B$6.42B$8.11B$8.32B$7.28B$6.33B$6.43B$4.59B$2.94B$7.39B$6.87B$7.40B$8.42B$6.63B---
Gas Gathering and Processing Revenue----$1.00M$6.00M$15.00M$17.00M$15.00M$10.00M$7.00M$8.00M$7.00M$5.00M$7.00M$94.00M$98.00M$115.00M$116.00M-
Electricity and Transmission Revenue----$70.00M$68.00M$81.00M$62.00M$52.00M$44.00M$55.00M$76.00M$48.00M$46.00M$54.00M$50.00M$41.00M$46.00M$43.00M$50.00M
Transportation And Other Services Revenues----------------$4.37B---

Enbridge's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Transportation Revenue (90.01%), Storage and Other Revenue (5.62%), and Other Revenue (4.37%).

Enbridge Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
UNITED STATES$19.87B$25.81B$26.60B$22.63B$30.11B
CANADA$23.78B$27.50B$20.47B$16.45B$19.95B

Enbridge's latest annual revenue breakdown by geography, as of Dec 23: CANADA (54.48%), and UNITED STATES (45.52%).

Enbridge Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ETEnergy Transfer LP$78.59B$20.73B
EPDEnterprise Products Partners$49.72B$13.78B
ENBEnbridge$43.65B$14.88B
OKEONEOK$17.68B$5.02B
KMIKinder Morgan$15.33B$3.70B
WMBWilliams Companies$10.91B$2.65B
MPLXMPLX LP$10.68B$2.97B
PBAPembina Pipeline$9.13B$1.60B

ENB Revenue FAQ


Enbridge's yearly revenue for 2023 was $43.65B, representing a decrease of -18.12% compared to 2022. The company's yearly revenue for 2022 was $53.31B, representing an increase of 13.25% compared to 2021. ENB's yearly revenue for 2021 was $47.07B, representing an increase of 20.43% compared to 2020.

Enbridge's quarterly revenue for Q3 2024 was $14.88B, a 31.17% increase from the previous quarter (Q2 2024), and a 51.18% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $11.35B, a 3.47% increase from the previous quarter (Q1 2024), and a 8.76% increase year-over-year (Q2 2023). ENB's quarterly revenue for Q1 2024 was $10.97B, a -2.94% decrease from the previous quarter (Q4 2023), and a -9.18% decrease year-over-year (Q1 2023).

Enbridge's revenue growth rate for the last 3 years (2021-2023) was -7.27%, and for the last 5 years (2019-2023) was -12.82%.

Enbridge's revenue streams in c 23 are Transportation Revenue, Storage and Other Revenue, Gas Distribution Service, Electricity and Transmission Revenue, Other Revenue, and Commodity Sales. Transportation Revenue generated $17.99B in revenue, accounting 41.23% of the company's total revenue, up 5.35% year-over-year. Storage and Other Revenue generated $1.07B in revenue, accounting 2.46% of the company's total revenue, up 20.16% year-over-year. Gas Distribution Service generated $4.86B in revenue, accounting 11.14% of the company's total revenue, down -14.05% year-over-year. Electricity and Transmission Revenue generated $259M in revenue, accounting 0.59% of the company's total revenue, down -7.83% year-over-year. Other Revenue generated $486M in revenue, accounting 1.11% of the company's total revenue, up 100.00% year-over-year. Commodity Sales generated $18.96B in revenue, accounting 43.46% of the company's total revenue, down -34.94% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Enbridge was Commodity Sales. This segment made a revenue of $18.96B, representing 43.46% of the company's total revenue.