Enbridge Cost Of Revenue from 2010 to 2024

ENB Stock  USD 41.37  0.66  1.62%   
Enbridge's Cost Of Revenue is increasing over the years with slightly volatile fluctuation. Cost Of Revenue is expected to dwindle to about 13.5 B. From 2010 to 2024 Enbridge Cost Of Revenue quarterly data regression line had arithmetic mean of  25,409,004,371 and r-squared of  0.18. View All Fundamentals
 
Cost Of Revenue  
First Reported
1992-03-31
Previous Quarter
6.8 B
Current Value
10.3 B
Quarterly Volatility
3.3 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enbridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enbridge's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.8 B, Interest Expense of 4 B or Total Revenue of 45.8 B, as well as many indicators such as Price To Sales Ratio of 2.67, Dividend Yield of 0.0817 or PTB Ratio of 1.52. Enbridge financial statements analysis is a perfect complement when working with Enbridge Valuation or Volatility modules.
  
Check out the analysis of Enbridge Correlation against competitors.
For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.

Latest Enbridge's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Enbridge over the last few years. Cost of Revenue is found on Enbridge income statement and represents the costs associated with goods and services Enbridge provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Enbridge's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enbridge's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Enbridge Cost Of Revenue Regression Statistics

Arithmetic Mean25,409,004,371
Geometric Mean19,678,949,379
Coefficient Of Variation37.96
Mean Deviation7,058,394,172
Median27,265,000,000
Standard Deviation9,644,011,365
Sample Variance93006955.2T
Range36.5B
R-Value0.42
Mean Square Error82072769T
R-Squared0.18
Significance0.11
Slope916,420,396
Total Sum of Squares1302097373T

Enbridge Cost Of Revenue History

202413.5 B
202326 B
202236.9 B
202132.6 B
202024.4 B
201934.4 B
201832.6 B

About Enbridge Financial Statements

Enbridge stakeholders use historical fundamental indicators, such as Enbridge's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Enbridge investors may analyze each financial statement separately, they are all interrelated. For example, changes in Enbridge's assets and liabilities are reflected in the revenues and expenses on Enbridge's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Enbridge. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue26 B13.5 B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Enbridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enbridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enbridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enbridge Stock:
Check out the analysis of Enbridge Correlation against competitors.
For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enbridge. If investors know Enbridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enbridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.271
Dividend Share
3.625
Earnings Share
2.06
Revenue Per Share
22.673
Quarterly Revenue Growth
0.512
The market value of Enbridge is measured differently than its book value, which is the value of Enbridge that is recorded on the company's balance sheet. Investors also form their own opinion of Enbridge's value that differs from its market value or its book value, called intrinsic value, which is Enbridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enbridge's market value can be influenced by many factors that don't directly affect Enbridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enbridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enbridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enbridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.