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

Date	Revenue	Change
2023-12-31	$43.65B	-18.12%
2022-12-31	$53.31B	13.25%
2021-12-31	$47.07B	20.43%
2020-12-31	$39.09B	-21.93%
2019-12-31	$50.07B	7.96%
2018-12-31	$46.38B	4.51%
2017-12-31	$44.38B	28.41%
2016-12-31	$34.56B	2.27%
2015-12-31	$33.79B	-10.22%
2014-12-31	$37.64B	14.35%
2013-12-31	$32.92B	30.08%
2012-12-31	$25.31B	30.43%
2011-12-31	$19.40B	28.26%
2010-12-31	$15.13B	21.35%
2009-12-31	$12.47B	-22.72%
2008-12-31	$16.13B	35.34%
2007-12-31	$11.92B	11.98%
2006-12-31	$10.64B	25.92%
2005-12-31	$8.45B	29.24%
2004-12-31	$6.54B	34.71%
2003-12-31	$4.86B	6.77%
2002-12-31	$4.55B	12.28%
2001-12-31	$4.05B	37.52%
2000-12-31	$2.94B	9.58%
1999-12-31	$2.69B	14.78%
1998-12-31	$2.34B	-7.08%
1997-12-31	$2.52B	2.53%
1996-12-31	$2.46B	5.82%
1995-12-31	$2.32B	292.67%
1994-12-31	$591.53M	49.70%
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

Date	Revenue	Change
2024-09-30	$14.88B	31.17%
2024-06-30	$11.35B	3.47%
2024-03-31	$10.97B	-2.94%
2023-12-31	$11.30B	14.77%
2023-09-30	$9.84B	-5.64%
2023-06-30	$10.43B	-13.61%
2023-03-31	$12.07B	-10.05%
2022-12-31	$13.42B	15.99%
2022-09-30	$11.57B	-12.43%
2022-06-30	$13.21B	-12.47%
2022-03-31	$15.10B	20.58%
2021-12-31	$12.52B	9.19%
2021-09-30	$11.47B	4.73%
2021-06-30	$10.95B	-10.17%
2021-03-31	$12.19B	21.77%
2020-12-31	$10.01B	9.86%
2020-09-30	$9.11B	14.50%
2020-06-30	$7.96B	-33.77%
2020-03-31	$12.01B	-2.74%
2019-12-31	$12.35B	6.50%
2019-09-30	$11.60B	-12.55%
2019-06-30	$13.26B	3.17%
2019-03-31	$12.86B	11.19%
2018-12-31	$11.56B	1.91%
2018-09-30	$11.35B	5.58%
2018-06-30	$10.74B	-15.57%
2018-03-31	$12.73B	-1.26%
2017-12-31	$12.89B	39.69%
2017-09-30	$9.23B	-16.99%
2017-06-30	$11.12B	-0.27%
2017-03-31	$11.15B	19.36%
2016-12-31	$9.34B	10.01%
2016-09-30	$8.49B	6.92%
2016-06-30	$7.94B	-9.73%
2016-03-31	$8.79B	-1.33%
2015-12-31	$8.91B	7.14%
2015-09-30	$8.32B	-3.60%
2015-06-30	$8.63B	8.85%
2015-03-31	$7.93B	-9.87%
2014-12-31	$8.80B	6.03%
2014-09-30	$8.30B	-17.25%
2014-06-30	$10.03B	-4.70%
2014-03-31	$10.52B	26.87%
2013-12-31	$8.29B	-7.84%
2013-09-30	$9.00B	14.67%
2013-06-30	$7.85B	-2.12%
2013-03-31	$8.02B	11.77%
2012-12-31	$7.17B	23.93%
2012-09-30	$5.79B	1.22%
2012-06-30	$5.72B	-13.72%
2012-03-31	$6.63B	21.91%
2011-12-31	$5.44B	27.25%
2011-09-30	$4.27B	-14.23%
2011-06-30	$4.98B	5.69%
2011-03-31	$4.71B	13.76%
2010-12-31	$4.14B	18.30%
2010-09-30	$3.50B	-0.09%
2010-06-30	$3.50B	-11.87%
2010-03-31	$3.98B	24.78%
2009-12-31	$3.19B	21.24%
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	$4.37B	12.84%
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/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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/Service	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 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

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ET	Energy Transfer LP	$78.59B	$20.73B
EPD	Enterprise Products Partners	$49.72B	$13.78B
ENB	Enbridge	$43.65B	$14.88B
OKE	ONEOK	$17.68B	$5.02B
KMI	Kinder Morgan	$15.33B	$3.70B
WMB	Williams Companies	$10.91B	$2.65B
MPLX	MPLX LP	$10.68B	$2.97B
PBA	Pembina Pipeline	$9.13B	$1.60B

ENB Revenue FAQ

What is Enbridge’s yearly revenue?

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.

What is Enbridge’s quarterly revenue?

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).

What is Enbridge’s revenue growth rate?

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%.

What are Enbridge’s revenue streams?

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.

What is Enbridge’s main source of revenue?

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.