Enbridge
ENB
$33.69
Share price
-2.23%
Change (1 day)
-23.71%
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 September 2023 (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 |
|---|---|---|
| 2022 | 8.52% | -48.11% |
| 2021 | 16.42% | 53.18% |
| 2020 | 10.72% | -28.77% |
| 2019 | 15.05% | 95.51% |
| 2018 | 7.70% | 500.36% |
| 2017 | 1.28% | -81.92% |
| 2016 | 7.09% | 21687.96% |
| 2015 | 0.03% | -99.44% |
| 2014 | 5.77% | 210.01% |
| 2013 | 1.86% | -56% |
| 2012 | 4.23% | -49.56% |
| 2011 | 8.39% | 3.11% |
| 2010 | 8.14% | -45.69% |
| 2009 | 14.98% | 31.61% |
| 2008 | 11.39% | 48.1% |
| 2007 | 7.69% | 0.45% |
| 2006 | 7.65% | -17.51% |
| 2005 | 9.28% | -35.55% |
| 2004 | 14.39% | -21.32% |
| 2003 | 18.29% | 77.04% |
| 2002 | 10.33% | -17.01% |
| 2001 | 12.45% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Hess HES | 32.50% | 154.50% | 🇺🇸 USA |
 Imperial Oil
IMO | 16.57% | 29.76% | 🇨🇦 Canada |
 TC Energy
TRP | 9.17% | -28.19% | 🇨🇦 Canada |
 Sea (Garena) SE | -4.83% | -137.82% | 🇸🇬 Singapore |
 Enterprise Products EPD | 10.75% | -15.82% | 🇺🇸 USA |
 Cenovus Energy
CVE | 8.29% | -35.08% | 🇨🇦 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.