Operating Income for Enbridge (ENB)
According to Enbridge's latest reported financial statements, the company's current operating income (TTM) is $10.96B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

ENB
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$10.96B
YoY change
+13.6%
5Y CAGR
+6.6%
Peak year (2025)
$10.96B
Cumulative operating income
$93.00B
Operating Income history chart for Enbridge (ENB) from 1988 to 2025
Operating Income history table for Enbridge (ENB) from 1988 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $10.96B | +13.6% | ||
| 2024 | $9.65B | +11.5% | ||
| 2023 | $8.65B | +67.1% | ||
| 2022 | $5.18B | -33.7% | ||
| 2021 | $7.80B | -1.9% | ||
| 2020 | $7.96B | -3.7% | ||
| 2019 | $8.26B | +71.5% | ||
| 2018 | $4.82B | +206.6% | ||
| 2017 | $1.57B | -39.1% | ||
| 2016 | $2.58B | +38.6% | ||
| 2015 | $1.86B | -41.8% | ||
| 2014 | $3.20B | +134.4% | ||
| 2013 | $1.36B | -9.7% | ||
| 2012 | $1.51B | -20.0% | ||
| 2011 | $1.89B | +25.6% | ||
| 2010 | $1.51B | +19.4% | ||
| 2009 | $1.26B | -7.9% | ||
| 2008 | $1.37B | +19.1% | ||
| 2007 | $1.15B | +0.1% | ||
| 2006 | $1.15B | +5.2% | ||
| 2005 | $1.09B | +0.8% | ||
| 2004 | $1.08B | +21.6% | ||
| 2003 | $891.40M | +46.4% | ||
| 2002 | $608.80M | -14.9% | ||
| 2001 | $715.70M | +9.3% | ||
| 2000 | $654.70M | +13.0% | ||
| 1999 | $579.14M | +17.6% | ||
| 1998 | $492.57M | -13.7% | ||
| 1997 | $570.98M | -1.6% | ||
| 1996 | $580.38M | +25.5% | ||
| 1995 | $462.50M | +295.8% | ||
| 1994 | $116.85M | -14.3% | ||
| 1993 | $136.35M | +2.0% | ||
| 1992 | $133.63M | -40.2% | ||
| 1991 | $223.36M | -39.1% | ||
| 1990 | $366.78M | +19.8% | ||
| 1989 | $306.08M | +2.1% | ||
| 1988 | $299.81M | — |
Operating Income values are taken from Enbridge's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in CAD as filed.
Analysis
As of the 2025 fiscal year, Enbridge (ENB) reported operating income of $10.96B – grew 13.6% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Enbridge operating income compounded at +6.6% per year, sustaining 3 straight years of year-over-year growth.
2025 marks the peak operating income at $10.96B, with the historical low of $116.85M recorded in 1994.
Within Energy, Enbridge (ENB) ranks 4th among 8 peers we track. The peer median for operating income is $6.69B.
Enbridge Operating Income by Year
Enbridge Operating Income 2025: $10.96B
Enbridge operating income in 2025 was $10.96B, grew 13.6% from 2024. This figure represents the highest annual value in the available history.
Enbridge Operating Income 2024: $9.65B
Enbridge operating income in 2024 was $9.65B, grew 11.5% from 2023.
Enbridge Operating Income 2023: $8.65B
Enbridge operating income in 2023 was $8.65B, surged 67.1% from 2022.
Enbridge Operating Income 2022: $5.18B
Enbridge operating income in 2022 was $5.18B, plunged 33.7% below 2021.
Enbridge Operating Income 2021: $7.80B
Enbridge operating income in 2021 was $7.80B.
See more financial history for Enbridge (ENB).
Sector peers — Operating Income
Companies in the same sector as Enbridge, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $33.94B | Energy |
| Chevron Corporation (CVX) | $16.67B | Energy |
| ConocoPhillips (COP) | $11.49B | Energy |
| EOG Resources, Inc. (EOG) | $7.93B | Energy |
| SLB N.V. (SLB) | $5.46B | Energy |
| Kinder Morgan, Inc. (KMI) | $4.81B | Energy |
| The Williams Companies, Inc. (WMB) | $4.40B | Energy |
| Valero Energy Corporation (VLO) | $4.31B | Energy |
Frequently asked questions
What is Enbridge's operating income?
- Latest reported operating income for Enbridge (ENB) is $10.96B (period ending December 31, 2025).
How has Enbridge operating income changed year-over-year?
- Enbridge (ENB) operating income changed +13.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Enbridge operating income?
- Enbridge (ENB) operating income compound annual growth rate is +6.6% over the most recent 5 years available.
When did Enbridge operating income hit its highest annual value?
- Enbridge operating income reached its highest annual value of $10.96B in 2025.
What was Enbridge operating income in 2024?
- Enbridge (ENB) operating income in 2024 was $9.65B.
What was Enbridge operating income in 2025?
- Enbridge (ENB) operating income in 2025 was $10.96B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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