Revenue Breakdown

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014
Liquids Pipelines Revenue (Post-FY2023 Reporting)	45.94B	38.18B
Liquids Pipelines Revenue (Post-FY2023 Reporting) Growth	20.33%	27.78%
Gas Transmission Revenue	6.65B	6.20B
Gas Transmission Revenue Growth	7.31%	5.89%
Gas Distribution & Storage Revenue	10.65B	7.54B
Gas Distribution & Storage Revenue Growth	41.26%	26.21%
Renewable Power Generation Revenue	561.00M	514.00M
Renewable Power Generation Revenue Growth	9.14%	7.76%
Eliminations & Other Revenue	1.38B	1.04B
Eliminations & Other Revenue Growth	33.62%	-29.11%
Revenue (Total)	65.19B	53.47B
Revenue (Total) Growth	21.92%	22.51%

Revenue Breakdown 2

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014
Gas Transmission Revenue	6.65B	6.20B
Gas Transmission Revenue Growth	7.31%	5.89%
Gas Distribution & Storage Revenue	10.65B	7.54B
Gas Distribution & Storage Revenue Growth	41.26%	26.21%
Renewable Power Generation Revenue	561.00M	514.00M
Renewable Power Generation Revenue Growth	9.14%	7.76%
Revenue (Total)	65.19B	53.47B
Revenue (Total) Growth	21.92%	22.51%

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014
Liquids Pipelines EBITDA (Post-FY2023 Reporting)	9.40B	9.53B
Liquids Pipelines EBITDA (Post-FY2023 Reporting) Growth	-1.42%	1.58%
Gas Transmission EBITDA	5.49B	5.66B
Gas Transmission EBITDA Growth	-2.92%	32.65%
Gas Distribution & Storage EBITDA	3.81B	2.87B
Gas Distribution & Storage EBITDA Growth	32.76%	80.21%
Renewable Power Generation EBITDA	620.00M	733.00M
Renewable Power Generation EBITDA Growth	-15.42%	391.95%
Eliminations & Other EBITDA	1.16B	-1.90B
Operating Income (Other)	-9.52B	-7.24B
Operating Income (Total)	10.96B	9.65B
Operating Income (Total) Growth	13.57%	11.54%

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014
Gas Transmission EBITDA	5.49B	5.66B
Gas Transmission EBITDA Growth	-2.92%	32.65%
Gas Distribution & Storage EBITDA	3.81B	2.87B
Gas Distribution & Storage EBITDA Growth	32.76%	80.21%
Renewable Power Generation EBITDA	620.00M	733.00M
Renewable Power Generation EBITDA Growth	-15.42%	391.95%
Operating Income (Total)	10.96B	9.65B
Operating Income (Total) Growth	13.57%	11.54%

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014
Liquids Pipelines Capital Expenditures	1.36B	1.16B
Liquids Pipelines Capital Expenditures Growth	17.37%	-0.09%
Gas Transmission Capital Expenditures	3.27B	2.57B
Gas Transmission Capital Expenditures Growth	27.23%	32.25%
Gas Distribution & Storage Capital Expenditures	3.35B	2.39B
Gas Distribution & Storage Capital Expenditures Growth	40.44%	64.44%
Renewable Power Generation Capital Expenditures	947.00M	661.00M
Renewable Power Generation Capital Expenditures Growth	43.27%	561.00%

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014
Distributable Cash Flow	12.45T	11.99T
Distributable Cash Flow Growth	3.86%	6.43%

Updated Feb 13, 2026. Data Source: Fiscal.ai.