How Enbridge (ENB) Makes Money: A Visual Guide

Enbridge (ENB) generated 65.19B CAD in revenue (TTM through Q4 2025), earning 7.49B CAD in net profit (11.5% margin). Its largest revenue source is Commodity Sales (53.9% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Enbridge (ENB) Income Statement Flow

Frequently asked questions

How does Enbridge (ENB) make money?

Enbridge (ENB) primarily makes money through Commodity Sales, which accounts for 53.9% of total revenue. For TTM through Q4 2025, Enbridge generated 65.19B CAD in total revenue with a net profit margin of 11.5%.

What is Enbridge (ENB) gross profit margin?

Enbridge (ENB) reported a gross profit margin of 33% for TTM through Q4 2025, equivalent to 21.50B CAD in gross profit. This means Enbridge retains 33% of each revenue unit after direct costs of production.

What is Enbridge (ENB) operating profit margin?

Enbridge (ENB) reported an operating profit margin of 16.8% for TTM through Q4 2025, equivalent to 10.96B CAD in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Enbridge (ENB) net profit margin?

Enbridge (ENB) reported a net profit margin of 11.5% for TTM through Q4 2025, equivalent to 7.49B CAD in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

What is Enbridge (ENB) effective tax rate?

Enbridge (ENB) had an effective tax rate of 20.5% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?

A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.

How is the data calculated?

We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.

When was this data last updated?

Based on company filings through TTM through Q4 2025.