Enbridge Operating Margin from 2010 to 2026
| ENB Stock | CAD 68.74 0.40 0.58% |
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 6.2 B, Interest Expense of 5.4 B or Total Revenue of 64.7 B, as well as many indicators such as Price To Sales Ratio of 2.76, Dividend Yield of 0.0294 or PTB Ratio of 3.48. Enbridge financial statements analysis is a perfect complement when working with Enbridge Valuation or Volatility modules.
Enbridge | Operating Margin |
Evaluating Enbridge's Operating Margin across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Enbridge's fundamental strength.
Latest Enbridge's Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Enbridge over the last few years. It is Enbridge's Operating Profit Margin 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.
| View | Last Reported 0.16 % | 10 Years Trend |
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Operating Profit Margin |
| Timeline |
Enbridge Operating Margin Regression Statistics
| Arithmetic Mean | 0.15 | |
| Geometric Mean | 0.14 | |
| Coefficient Of Variation | 44.79 | |
| Mean Deviation | 0.05 | |
| Median | 0.16 | |
| Standard Deviation | 0.07 | |
| Sample Variance | 0 | |
| Range | 0.2835 | |
| R-Value | 0.29 | |
| Mean Square Error | 0 | |
| R-Squared | 0.08 | |
| Significance | 0.26 | |
| Slope | 0 | |
| Total Sum of Squares | 0.08 |
Enbridge Operating Margin History
About Enbridge Financial Statements
Enbridge investors utilize fundamental indicators, such as Operating Margin, to predict how Enbridge Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The company operates through five segments Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. ENBRIDGE INC operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 10900 people.
Pair Trading with Enbridge
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enbridge position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enbridge will appreciate offsetting losses from the drop in the long position's value.Moving together with Enbridge Stock
Moving against Enbridge Stock
| 0.41 | ENB-PFC | Enbridge Pref 11 Earnings Call This Week | PairCorr |
| 0.39 | AMZN | Amazon CDR | PairCorr |
| 0.39 | AMZN | Amazon CDR | PairCorr |
| 0.37 | ENB-PFU | Enbridge Pref L Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Enbridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enbridge when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enbridge - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enbridge to buy it.
The correlation of Enbridge is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enbridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enbridge moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enbridge can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Enbridge Correlation against competitors. To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.