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Enbridge ENB Gas Distributionand Storage — Cost Of Revenue

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Other financials

Income statement

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Revenue$22.4B+20.8%
Operating income$3.2B-12.2%
Net income$1.8B-24.8%
EPS (diluted)$0.76-26.2%

Balance sheet

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Cash & equivalents$1.6B-21.7%
Total debt$1.5B-98.5%
Total equity$65.0B-4.8%
Total assets$228.20B+3.7%

Cash flow

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Operating cash flow$2.3B-23.3%
CapEx$2.4B+41.6%
Free cash flow-$97.0M-107%

Valuation

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Market cap$124.16B+27.6%
Enterprise value$124.02B-36.1%
P/E18×+3.3×
P/S1.8×+0.3×

Profitability

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Operating margin15.2%-2.2pp
Net margin10%-0.3pp
FCF margin2.7%-5.9pp

Returns & leverage

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Return on equity10.4%+0.9pp
Debt / equity-1.4×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by Enbridge in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Enbridge’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Enbridge's gas distributionand storage — cost of revenue?
Enbridge (ENB) reported gas distributionand storage — cost of revenue of $1.98B in Q1 2026.
How has Enbridge's gas distributionand storage — cost of revenue changed year-over-year?
Enbridge's gas distributionand storage — cost of revenue increased by 21.0% year-over-year, from $1.63B to $1.98B.
What is the long-term trend for Enbridge's gas distributionand storage — cost of revenue?
Over 4 years (2021 to 2025), Enbridge's gas distributionand storage — cost of revenue has grown at a 14.6% compound annual growth rate (CAGR), from $2.15B to $3.71B.
What does gas distributionand storage — cost of revenue mean?
This represents the direct costs incurred to provide gas distribution and storage services, including the purchase price of natural gas, pipeline maintenance, and direct operational labor. It is a critical measure of the segment's direct operational efficiency and commodity price exposure. Managing these costs is essential for maintaining margins in a regulated environment.