Enbridge
ENB
#231
Rank
$76.90 B
Marketcap
$36.18
Share price
0.53%
Change (1 day)
-1.50%
Change (1 year)
Enbridge is a Canadian company that operates the world's largest crude oil and liquid pipeline system in Canada and the United States.

Operating Margin for Enbridge (ENB)

Operating Margin as of March 2024 (TTM): 12.77%

According to Enbridge's latest financial reports and stock price the company's current Operating Margin is 12.77%. At the end of 2022 the company had an Operating Margin of 8.52%.

Operating Margin history for Enbridge from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20228.52%-48.11%
202116.42%53.18%
202010.72%-28.77%
201915.05%95.51%
20187.70%500.36%
20171.28%-81.92%
20167.09%21687.96%
20150.03%-99.44%
20145.77%210.01%
20131.86%-56%
20124.23%-49.56%
20118.39%3.11%
20108.14%-45.69%
200914.98%31.61%
200811.39%48.1%
20077.69%0.45%
20067.65%-17.51%
20059.28%-35.55%
200414.39%-21.32%
200318.29%77.04%
200210.33%-17.01%
200112.45%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
32.50% 154.50%๐Ÿ‡บ๐Ÿ‡ธ USA
16.57% 29.76%๐Ÿ‡จ๐Ÿ‡ฆ Canada
9.17%-28.19%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-4.83%-137.82%๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
10.75%-15.82%๐Ÿ‡บ๐Ÿ‡ธ USA
8.29%-35.08%๐Ÿ‡จ๐Ÿ‡ฆ Canada

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.