Enbridge
ENB
#196
Rank
NZ$142.72 B
Marketcap
$65.43
Share price
-0.10%
Change (1 day)
10.74%
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 2024 (TTM): 17.63%

According to Enbridge's latest financial reports and stock price the company's current Operating Margin is 17.63%. At the end of 2023 the company had an Operating Margin of 18.05%.

Operating Margin history for Enbridge from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202318.05%111.86%
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%-61.28%
20124.81%-35.96%
20117.51%60.34%
20104.68%-68.74%
200914.98%27.69%
200811.74%52.7%
20077.69%0.42%
20067.65%-17.51%
20059.28%-23.06%
200412.06%-18.42%
200314.78%58.7%
20029.31%-24.64%
200112.36%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
25.16% 42.71%๐Ÿ‡จ๐Ÿ‡ฆ Canada
10.77%-38.91%๐Ÿ‡บ๐Ÿ‡ธ USA
0.48%-97.28%๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
13.18%-25.24%๐Ÿ‡จ๐Ÿ‡ฆ Canada
23.50% 33.30%๐Ÿ‡บ๐Ÿ‡ธ USA
10.48%-40.56%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.