EnLink Historical Income Statement

ENLC Stock

USD 13.56 0.19 1.38%

Historical analysis of EnLink Midstream income statement accounts such as Total Revenue of 4.1 B or Gross Profit of 1.4 B can show how well EnLink Midstream LLC performed in making a profits. Evaluating EnLink Midstream income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EnLink Midstream's future profits or losses.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining EnLink Midstream LLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether EnLink Midstream LLC is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EnLink Midstream LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About EnLink Income Statement Analysis

EnLink Midstream LLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to EnLink Midstream shareholders. The income statement also shows EnLink investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

EnLink Midstream Income Statement Chart

EnLink Midstream LLC Income Statement is one of the three primary financial statements used for reporting EnLink's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of EnLink Midstream LLC revenue and expense. EnLink Midstream Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At present, EnLink Midstream's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.4 B, whereas Total Revenue is forecasted to decline to about 4.1 B.

Total Revenue Gross Profit Other Operating Expenses Ebitda

Total Revenue

Total revenue comprises all receipts EnLink Midstream LLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of EnLink Midstream LLC minus its cost of goods sold. It is profit before EnLink Midstream operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of EnLink Midstream LLC. It is also known as EnLink Midstream overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from EnLink Midstream's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into EnLink Midstream LLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EnLink Midstream LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

	2021	2022	2023	2024 (projected)
Gross Profit	888.5M	1.3B	1.4B	1.4B
Total Revenue	6.7B	9.5B	6.9B	4.1B

Gross Profit Total Revenue

EnLink Midstream income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.94	0.82	0.93	0.82	0.28	0.35	0.74	0.81	0.85	0.07	-0.13	-0.01	0.04	0.81	-0.39	-0.14	0.2	0.55	-0.18	-0.05	-0.92	-0.64	0.77	-0.39
Interest Expense	0.94		0.75	0.9	0.74	0.41	0.38	0.73	0.74	0.72	0.21	0.0	0.1	0.02	0.66	-0.54	0.04	0.02	0.44	-0.06	-0.01	-0.88	-0.78	0.87	-0.54
Total Revenue	0.82	0.75		0.84	1.0	0.16	0.17	0.53	1.0	0.89	0.13	-0.03	0.18	-0.25	0.77	-0.07	-0.02	0.12	0.41	-0.17	-0.34	-0.76	-0.4	0.54	-0.07
Gross Profit	0.93	0.9	0.84		0.83	0.33	0.5	0.81	0.82	0.82	0.17	-0.09	0.14	0.06	0.81	-0.54	-0.04	0.15	0.42	-0.26	-0.05	-0.79	-0.73	0.8	-0.54
Other Operating Expenses	0.82	0.74	1.0	0.83		0.15	0.16	0.52	1.0	0.89	0.12	-0.03	0.18	-0.28	0.77	-0.06	-0.03	0.13	0.41	-0.18	-0.36	-0.75	-0.39	0.53	-0.06
Operating Income	0.28	0.41	0.16	0.33	0.15		0.51	0.5	0.16	0.06	0.54	0.18	0.08	0.04	0.08	-0.43	0.48	-0.45	-0.22	0.68	0.01	-0.35	-0.49	0.53	-0.43
Ebit	0.35	0.38	0.17	0.5	0.16	0.51		0.89	0.14	0.31	-0.19	-0.54	-0.43	0.43	0.46	-0.54	-0.3	0.37	-0.11	-0.16	0.38	-0.21	-0.5	0.51	-0.54
Ebitda	0.74	0.73	0.53	0.81	0.52	0.5	0.89		0.5	0.64	-0.1	-0.46	-0.31	0.32	0.73	-0.58	-0.29	0.36	0.19	-0.2	0.25	-0.6	-0.67	0.74	-0.58
Cost Of Revenue	0.81	0.74	1.0	0.82	1.0	0.16	0.14	0.5		0.87	0.14	0.0	0.21	-0.29	0.75	-0.06	0.0	0.1	0.39	-0.16	-0.37	-0.75	-0.39	0.53	-0.06
Total Operating Expenses	0.85	0.72	0.89	0.82	0.89	0.06	0.31	0.64	0.87		-0.17	-0.33	-0.12	-0.13	0.87	-0.04	-0.34	0.42	0.55	-0.37	-0.23	-0.72	-0.33	0.46	-0.04
Income Before Tax	0.07	0.21	0.13	0.17	0.12	0.54	-0.19	-0.1	0.14	-0.17		0.91	0.84	-0.05	-0.33	-0.38	0.96	-0.94	-0.23	0.6	-0.09	-0.14	-0.43	0.35	-0.38
Total Other Income Expense Net	-0.13	0.0	-0.03	-0.09	-0.03	0.18	-0.54	-0.46	0.0	-0.33	0.91		0.9	-0.12	-0.54	-0.16	0.92	-0.94	-0.22	0.5	-0.11	0.03	-0.2	0.1	-0.16
Net Income	-0.01	0.1	0.18	0.14	0.18	0.08	-0.43	-0.31	0.21	-0.12	0.84	0.9		-0.27	-0.28	-0.28	0.84	-0.78	-0.1	0.18	-0.29	0.01	-0.3	0.15	-0.28
Income Tax Expense	0.04	0.02	-0.25	0.06	-0.28	0.04	0.43	0.32	-0.29	-0.13	-0.05	-0.12	-0.27		-0.13	-0.28	-0.2	0.13	-0.01	-0.06	0.97	0.09	-0.25	0.32	-0.28
Selling General Administrative	0.81	0.66	0.77	0.81	0.77	0.08	0.46	0.73	0.75	0.87	-0.33	-0.54	-0.28	-0.13		-0.18	-0.49	0.58	0.55	-0.44	-0.25	-0.69	-0.29	0.41	-0.18
Discontinued Operations	-0.39	-0.54	-0.07	-0.54	-0.06	-0.43	-0.54	-0.58	-0.06	-0.04	-0.38	-0.16	-0.28	-0.28	-0.18		-0.27	0.21	0.06	0.11	-0.27	0.3	0.83	-0.65	1.0
Net Income From Continuing Ops	-0.14	0.04	-0.02	-0.04	-0.03	0.48	-0.3	-0.29	0.0	-0.34	0.96	0.92	0.84	-0.2	-0.49	-0.27		-0.98	-0.35	0.65	-0.18	0.03	-0.28	0.17	-0.27
Non Recurring	0.2	0.02	0.12	0.15	0.13	-0.45	0.37	0.36	0.1	0.42	-0.94	-0.94	-0.78	0.13	0.58	0.21	-0.98		0.37	-0.72	0.11	-0.05	0.21	-0.11	0.21
Non Operating Income Net Other	0.55	0.44	0.41	0.42	0.41	-0.22	-0.11	0.19	0.39	0.55	-0.23	-0.22	-0.1	-0.01	0.55	0.06	-0.35	0.37		-0.35	-0.06	-0.44	-0.03	0.22	0.06
Minority Interest	-0.18	-0.06	-0.17	-0.26	-0.18	0.68	-0.16	-0.2	-0.16	-0.37	0.6	0.5	0.18	-0.06	-0.44	0.11	0.65	-0.72	-0.35		-0.03	-0.04	0.04	0.05	0.11
Tax Provision	-0.05	-0.01	-0.34	-0.05	-0.36	0.01	0.38	0.25	-0.37	-0.23	-0.09	-0.11	-0.29	0.97	-0.25	-0.27	-0.18	0.11	-0.06	-0.03		0.15	-0.23	0.29	-0.27
Interest Income	-0.92	-0.88	-0.76	-0.79	-0.75	-0.35	-0.21	-0.6	-0.75	-0.72	-0.14	0.03	0.01	0.09	-0.69	0.3	0.03	-0.05	-0.44	-0.04	0.15		0.54	-0.69	0.3
Net Interest Income	-0.64	-0.78	-0.4	-0.73	-0.39	-0.49	-0.5	-0.67	-0.39	-0.33	-0.43	-0.2	-0.3	-0.25	-0.29	0.83	-0.28	0.21	-0.03	0.04	-0.23	0.54		-0.93	0.83
Reconciled Depreciation	0.77	0.87	0.54	0.8	0.53	0.53	0.51	0.74	0.53	0.46	0.35	0.1	0.15	0.32	0.41	-0.65	0.17	-0.11	0.22	0.05	0.29	-0.69	-0.93		-0.65
Extraordinary Items	-0.39	-0.54	-0.07	-0.54	-0.06	-0.43	-0.54	-0.58	-0.06	-0.04	-0.38	-0.16	-0.28	-0.28	-0.18	1.0	-0.27	0.21	0.06	0.11	-0.27	0.3	0.83	-0.65

Click cells to compare fundamentals

EnLink Midstream Account Relationship Matchups

EnLink Midstream income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	617M	638.6M	607.5M	639.4M	657.1M	690.0M
Interest Expense	216M	223.3M	215.2M	238.1M	270.8M	284.3M
Total Revenue	6.1B	3.9B	6.7B	9.5B	6.9B	4.1B
Gross Profit	1.0B	866.7M	888.5M	1.3B	1.4B	1.4B
Other Operating Expenses	5.6B	3.5B	6.3B	8.9B	6.2B	3.9B
Operating Income	991.2M	90.6M	(190.4M)	64.6M	692.8M	727.4M
Ebit	991.2M	90.6M	(190.4M)	64.6M	678.8M	712.7M
Ebitda	1.6B	729.2M	417.1M	704M	1.3B	1.4B
Cost Of Revenue	5.0B	3.0B	5.8B	8.2B	5.5B	3.6B
Total Operating Expenses	619.7M	477.1M	470.7M	650.1M	673.7M	339.4M
Income Before Tax	(992.7M)	(172.4M)	168.3M	405.8M	412.8M	433.4M
Total Other Income Expense Net	(2.0B)	(263M)	358.7M	341.2M	(3.5M)	(3.7M)
Net Income	(999.6M)	(315.6M)	142.9M	500.7M	206.2M	216.5M
Income Tax Expense	6.9M	143.2M	25.4M	(94.9M)	62.8M	65.9M
Selling General Administrative	152.6M	103.3M	107.8M	125.2M	115.5M	126.0M
Net Income Applicable To Common Shares	(1.1B)	(421.5M)	22.4M	361.3M	325.2M	341.4M
Net Income From Continuing Ops	(999.6M)	(315.6M)	142.9M	500.7M	350M	367.5M
Non Recurring	1.1B	371.6M	(700K)	18M	16.2M	15.4M
Non Operating Income Net Other	(15.9M)	32.9M	(11.5M)	(11M)	(12.7M)	(12.0M)
Minority Interest	119.7M	105.9M	120.5M	(139.4M)	(143.8M)	(151.0M)
Tax Provision	6.9M	143.2M	25.4M	(94.9M)	62.8M	65.9M
Interest Income	0.0	2.9M	1.4M	500K	1M	950K
Net Interest Income	(216M)	(223.3M)	(220.4M)	(245M)	(276.2M)	(290.0M)
Reconciled Depreciation	617M	638.6M	607.5M	639.4M	657.1M	672.9M

Pair Trading with EnLink Midstream

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 EnLink Midstream 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 EnLink Midstream will appreciate offsetting losses from the drop in the long position's value.

Moving together with EnLink Stock

0.9	AM	Antero Midstream Partners Financial Report 24th of April 2024	Pair Corr
0.9	ET	Energy Transfer LP Financial Report 7th of May 2024	Pair Corr

Moving against EnLink Stock

0.66	TK	Teekay	Pair Corr
0.66	EURN	Euronav NV Financial Report 9th of May 2024	Pair Corr
0.58	CQP	Cheniere Energy Partners Financial Report 7th of May 2024	Pair Corr
0.49	FLNG	FLEX LNG Financial Report 21st of May 2024	Pair Corr

The ability to find closely correlated positions to EnLink Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EnLink Midstream 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 EnLink Midstream - 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 EnLink Midstream LLC to buy it.

The correlation of EnLink Midstream 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 EnLink Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EnLink Midstream LLC 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 EnLink Midstream 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.

Pair Correlation Correlation Matching

When determining whether EnLink Midstream LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EnLink Midstream'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 Enlink Midstream Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enlink Midstream Llc Stock:

How To Invest In EnLink

Details

Is EnLink Stock a good investment?

Details

What is EnLink Midstream's Net Worth?

Details

Largest Oil & Gas Storage & Transportation Companies

View

Largest Oil & Gas Midstream Companies

View

You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for EnLink Stock analysis

When running EnLink Midstream's price analysis, check to measure EnLink Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EnLink Midstream is operating at the current time. Most of EnLink Midstream's value examination focuses on studying past and present price action to predict the probability of EnLink Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnLink Midstream's price. Additionally, you may evaluate how the addition of EnLink Midstream to your portfolios can decrease your overall portfolio volatility.

	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Commodity Channel Use Commodity Channel Index to analyze current equity momentum
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments

Is EnLink Midstream's industry 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 EnLink Midstream. If investors know EnLink 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 EnLink Midstream 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

(0.58)

Dividend Share

0.508

Earnings Share

0.44

Revenue Per Share

14.9

Quarterly Revenue Growth

(0.1)

The market value of EnLink Midstream LLC is measured differently than its book value, which is the value of EnLink that is recorded on the company's balance sheet. Investors also form their own opinion of EnLink Midstream's value that differs from its market value or its book value, called intrinsic value, which is EnLink Midstream'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 EnLink Midstream's market value can be influenced by many factors that don't directly affect EnLink Midstream'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 EnLink Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnLink Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnLink Midstream'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

EnLink Historical Income Statement

About EnLink Income Statement Analysis

EnLink Midstream Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

EnLink Midstream income statement Correlations

EnLink Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EnLink Midstream income statement Accounts

Pair Trading with EnLink Midstream

Moving together with EnLink Stock

Moving against EnLink Stock

Complementary Tools for EnLink Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Extraordinary Items	+ 1.0	Discontinued Operations
Tax Provision	+ 0.97	Income Tax Expense
Net Income From Continuing Ops	+ 0.96	Income Before Tax

Non Recurring	- 0.98	Net Income From Continuing Ops
Non Recurring	- 0.94	Total Other Income Expense Net
Non Recurring	- 0.94	Income Before Tax
Reconciled Depreciation	- 0.93	Net Interest Income
Interest Income	- 0.92	Depreciation And Amortization
Interest Income	- 0.88	Interest Expense