Enbridge (ENB) Revenue & Revenue Breakdown
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
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.