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Sankey diagram of Enbridge Inc.. A complete text table follows the diagram.
Liquids pipelines, gas transmission and gas utilities contribute at similar scale before corporate eliminations, depreciation and interest narrow the flow
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Every flow is directly reported in the segment EBITDA reconciliation. This diagram deliberately uses EBITDA contribution instead of revenue to avoid visually overstating low-margin commodity resale activity.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| Liquids Pipelines | 1 | 2.0B | 36.1% of segment EBITDA |
| Gas Transmission | 1 | 1.6B | Long-haul natural gas networks |
| Gas Distribution & Storage | 1 | 1.7B | Regulated utility earnings |
| Renewable Power | 1 | 188M | Power-generation portfolio |
| Reportable-segment EBITDA | 2 | 5.4B | Four infrastructure platforms |
| Consolidated EBITDA | 3 | 5.0B | 22.5% of operating revenue |
| Eliminations & Other | 3 | 404M | Corporate and consolidation drag |
| Earnings before tax | 4 | 2.4B | After asset and financing costs |
| Depreciation & amortization | 4 | 1.4B | Capital-intensive network assets |
| Interest expense | 4 | 1.2B | Infrastructure financing |
| Earnings | 5 | 1.8B | After income tax |
| Income tax | 5 | 587M | 24.8% effective rate |
| Common shareholder earnings | 6 | 1.7B | C$0.76 diluted EPS |
| Preference dividends | 6 | 107M | Preferred shareholder claim |
| From | To | Value |
|---|---|---|
| Liquids Pipelines | Reportable-segment EBITDA | 2.0B |
| Gas Transmission | Reportable-segment EBITDA | 1.6B |
| Gas Distribution & Storage | Reportable-segment EBITDA | 1.7B |
| Renewable Power | Reportable-segment EBITDA | 188M |
| Reportable-segment EBITDA | Consolidated EBITDA | 5.0B |
| Reportable-segment EBITDA | Eliminations & Other | 404M |
| Consolidated EBITDA | Earnings before tax | 2.4B |
| Consolidated EBITDA | Depreciation & amortization | 1.4B |
| Consolidated EBITDA | Interest expense | 1.2B |
| Earnings before tax | Earnings | 1.8B |
| Earnings before tax | Income tax | 587M |
| Earnings | Common shareholder earnings | 1.7B |
| Earnings | Preference dividends | 107M |