
Enable Midstream Partners, LP Income Statement 2020-2011 | ENBL
Brief overview of financial performance at Enable Midstream Partners, LP
The conclusions below are based on five years of reported results. Revenue at Enable Midstream Partners, LP moved from $2.4 billion in 2015 to $2.5 billion in 2020. The total change was +1.9%, with a CAGR of approximately 0.4%. The business did not achieve meaningful top-line expansion.
The gross result shifted from $1.3 billion to $1.1 billion, or −18.4%. Gross margin moved from 54.6% to 43.8%. The contraction points to pressure from direct costs or weaker pricing power.
Over the period, EBITDA shifted from −394 million dollars to 913 million dollars, a change of +331.7%. The operating result outpaced sales and points to improving efficiency. EBITDA margin was −16.3% at the start and 37.1% at the end. Higher profitability strengthens the quality of operating growth.
Across the five years, the net result shifted from −$752 million to $88 million. The trajectory reversed from a loss to positive earnings.
The market value of the business moved from 3.2 billion dollars to 2.3 billion dollars, or −27.7%. The market is not yet fully reflecting the fundamental progress.
Financial takeaway
Signs of deterioration dominate the five-year picture. Key strengths include higher operating efficiency and a stronger final result. The overall view is constrained by a lower gross margin, declining capitalization and limited revenue growth. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement Enable Midstream Partners, LP
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
2.31 B | 4.26 B | 6.85 B | 6.54 B | 6.9 B | 3.2 B | 7.33 B | - | - | - |
Shares |
435 M | 437 M | 436 M | 433 M | 424 M | 422 M | 412 M | - | - | - |
Net Income |
88 M | 396 M | 521 M | 436 M | 312 M | -752 M | 530 M | 1.62 B | 316 M | 232 M |
Revenue |
2.46 B | 2.96 B | 3.43 B | 2.8 B | 2.27 B | 2.42 B | 3.37 B | 2.49 B | 952 M | 932 M |
EBITDA |
913 M | 1 B | 1.05 B | 894 M | 723 M | -394 M | 862 M | 681 M | 522 M | 531 M |
Operating Expenses |
585 M | 593 M | 566 M | 528 M | 523 M | 581 M | 583 M | 483 M | 301 M | 300 M |
General and Administrative Expenses |
98 M | 593 M | 566 M | 528 M | 523 M | 581 M | 583 M | 483 M | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Enable Midstream Partners, LP (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.