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Enable Midstream Partners, LP (ENBL)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Gathering and Processing  1,886.02,338.02,818.02,170.0 1,663.02,424.0 
    Product  1,132.01,533.02,106.01,653.0    
    Natural Gas, Gathering, Transportation, Marketing and Processing  1,331.01,427.01,325.01,150.0    
    Transportation and Storage  881.01,038.01,162.01,146.0 1,132.01,577.0 
Total revenues   [+]2,463.02,960.03,431.02,803.02,272.02,418.03,367.02,489.0
            Revenue growth   [+]-16.8%-13.7%22.4%23.4%-6.0%-28.2%35.3%161.4%
Cost of goods sold   [+]1,477.01,802.02,298.01,834.01,456.0495.0497.0424.0
Gross profit  986.01,158.01,133.0969.0816.01,923.02,870.02,065.0
            Gross margin  40.0%39.1%33.0%34.6%35.9%79.5%85.2%83.0%
Selling, general and administrative   [+]98.0103.0113.095.098.0103.0107.071.0
Equity in earnings  -210.017.026.028.028.029.020.015.0
Other operating expenses  -25.0-33.0-26.0-20.0-14.01,080.01,893.01,301.0
EBITDA   [+]703.01,105.01,072.0922.0760.0769.0890.0708.0
            EBITDA margin  28.5%37.3%31.2%32.9%33.5%31.8%26.4%28.4%
Depreciation  358.0371.0351.0335.0311.0291.0249.0194.0
EBITA  345.0734.0721.0587.0449.0478.0641.0514.0
            EBITA margin  14.0%24.8%21.0%20.9%19.8%19.8%19.0%20.7%
Amortization of intangibles  62.062.047.031.027.027.027.018.0
EBIT   [+]283.0672.0674.0556.0422.0451.0614.0496.0
            EBIT margin  11.5%22.7%19.6%19.8%18.6%18.7%18.2%19.9%
Non-recurring items   [+]28.086.0  9.01,134.08.012.0
Interest expense  178.0190.0152.0120.099.090.070.067.0
Other income (expense), net  6.03.0   2.0-1.09.0
Pre-tax income  83.0399.0522.0436.0314.0-771.0535.0426.0
Income taxes  0.0-1.0-1.0-1.01.00.02.0-1,192.0
            Tax rate  0.0%   0.3%0.0%0.4% 
Minority interest  -5.04.02.01.01.0-19.03.03.0
Net income  52.0360.0485.0400.0290.0-752.0530.0289.0
            Net margin  2.1%12.2%14.1%14.3%12.8%-31.1%15.7%11.6%
   
Basic EPS   [+]$0.12$0.83$1.12$0.92$0.68($1.78)$1.29 
Diluted EPS   [+]$0.12$0.82$1.11$0.92$0.68($1.78)$1.29 
   
Dividends per share   [+]$0.82$1.29$1.27$0.82 $1.26  
   
Shares outstanding (basic)   [+]437.0436.0434.0433.0424.0422.0412.0 
Shares outstanding (diluted)   [+]438.0437.0436.0434.0424.0422.0412.0 
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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