Discontinued — last reported Q4 '24

Business Segments · Goodwill Acquired

Gas Distribution and Storage — Goodwill Acquired

Enbridge Gas Distribution and Storage — Goodwill Acquired remained flat by 0.0% to $822.75M in Q4 2024 compared to the prior quarter. Over 3 years (FY 2021 to FY 2024), Gas Distribution and Storage — Goodwill Acquired shows an upward trend with a 457.4% CAGR.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityVolatile
First reportedQ1 2020
Last reportedQ4 2024

How to read this metric

Higher values indicate aggressive inorganic growth and expansion, while zero or low values suggest a focus on organic growth or lack of M&A activity.

Detailed definition

The total amount of goodwill recognized on the balance sheet as a result of new business acquisitions completed by the g...

Peer comparison

Standard metric for companies reporting M&A activity in their financial disclosures.

Metric ID: enb_segment_gas_distributionand_storage_goodwill_acquired_during_period

Historical Data

4 years
 FY'21FY'22FY'23FY'24
Value19M003.3B
YoY Change-100.0%
Range03.3B
CAGR+457.4%
Avg YoY Growth-100.0%
Median YoY Growth-100.0%

Frequently Asked Questions

What is Enbridge's gas distribution and storage — goodwill acquired?
Enbridge (ENB) reported gas distribution and storage — goodwill acquired of $822.75M in Q4 2024.
What is the long-term trend for Enbridge's gas distribution and storage — goodwill acquired?
Over 3 years (2021 to 2024), Enbridge's gas distribution and storage — goodwill acquired has grown at a 457.4% compound annual growth rate (CAGR), from $19.00M to $3.29B.
What does gas distribution and storage — goodwill acquired mean?
The value of goodwill added to the segment's balance sheet from new business acquisitions during the year.