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Gross Margin for Enbridge (ENB)

As of · Reported

Metric

TTM

30.7%

YoY change

−3.06pp

Trough year (2013)

14.4%

Peak year (2000)

77.0%

Gross Margin history chart for Enbridge (ENB) from 1988 to 2025

Latest: 33.0%

Gross Margin change chart for Enbridge (ENB) from 1988 to 2025

Latest: −3.06pp

Gross Margin history table for Enbridge (ENB) from 1988 to 2025

  • 202533.0%-3.06pp
  • 202436.0%-4.45pp
  • 202340.5%+9.71pp
  • 202230.8%-0.07pp
  • 202130.8%-6.78pp
  • 202037.6%+6.32pp
  • 201931.3%+1.70pp
  • 201829.6%-5.86pp
  • 201735.5%+11.41pp
  • 201624.1%+4.74pp
  • 201519.3%+1.84pp
  • 201417.5%+3.08pp
  • 201314.4%-3.09pp
  • 201217.5%+0.52pp
  • 201117.0%-8.38pp
  • 201025.4%-2.36pp
  • 200927.7%+7.01pp
  • 200820.7%-3.71pp
  • 200724.4%-2.08pp
  • 200626.5%-5.74pp
  • 200532.2%-7.88pp
  • 200440.1%+2.84pp
  • 200337.3%-6.04pp
  • 200243.3%-1.96pp
  • 200145.3%-31.70pp
  • 200077.0%+10.57pp
  • 199966.4%+3.34pp
  • 199863.1%+4.19pp
  • 199758.9%+2.17pp
  • 199656.7%+5.05pp
  • 199551.7%+14.66pp
  • 199437.0%-15.17pp
  • 199352.2%+18.10pp
  • 199234.1%-14.92pp
  • 199149.0%-10.77pp
  • 199059.7%+1.49pp
  • 198958.3%-0.00pp
  • 198858.3%—

Gross Margin values are taken from Enbridge's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in CAD as filed.

About Gross Margin at Enbridge (ENB)

According to Enbridge's latest reported financial statements, the company's latest reported gross margin is 30.7%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Enbridge (ENB) reported gross margin of 32.97% – contracted 3.1 percentage points year-over-year.

The highest annual gross margin of 76.97% was reported in 2000. The lowest in the available history was 14.40% in 2013.

Enbridge Gross Margin by Year

Enbridge Gross Margin 2025: 33.0%

Enbridge posted gross margin of 32.97% in 2025, contracted 3.1 percentage points from 2024.

Enbridge Gross Margin 2024: 36.0%

In 2024, Enbridge reported gross margin of 36.03%, contracted 4.5 percentage points from 2023.

Enbridge Gross Margin 2023: 40.5%

Enbridge gross margin in 2023 was 40.48%, expanded 9.7 percentage points from 2022.

Enbridge Gross Margin 2022: 30.8%

2022's gross margin for Enbridge came in at 30.77%, contracted 0.1 percentage points from 2021.

Enbridge Gross Margin 2021: 30.8%

Enbridge gross margin in 2021 was 30.84%.

See more financial history for Enbridge (ENB).

Sector peers by Gross Margin

Energy peers of Enbridge (ENB), ranked by their latest gross margin

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