Enlink Midstream Llc's ROA from the third quarter of 2024 to the third quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics

What is Enlink Midstream Llc's ROA in the third quarter of 2024?
Enlink Midstream Llc achieved a return on average assets (ROA) of 3.2 % in its third quarter of 2024, this is above ENLC's average return on assets of -1.95%.
Enlink Midstream Llcs assets during the 12 months ending in the third quarter of 2024 are valued at $8 billion

ROA decreased relative to the period ending Jun 30 2024, due to the decline in net income.

However, within the Utilities sector 49 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the second quarter of 2024 from 1569 to 1587.

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Return on Assets ROA▼

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Return On Assets	(Sep 30 2024) III. Quarter	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter
Y / Y Total Assets Change	-7.16 %	-2.94 %	-4.88 %	-11.63 %	-3.66 %
Y / Y Net Income Change	-34.5 %	-25.47 %	-46.92 %	-48.46 %	-43.57 %
Net Income (TTM) in million	260	283	306	350	444
Return On Assets (TTM)	3.2 %	3.42 %	3.67 %	4.15 %	5.09 %
ENLC's Total Ranking	# 1587	# 1569	# 1526	# 1640	# 1233
Total Assets (TTM) in million	7,885	8,155	8,131	8,329	8,493
Seq. Total Assets Change	-3.31 %	0.3 %	-2.39 %	-1.93 %	1.09 %
Seq. Net Income Change	-35.67 %	34 %	-50.05 %	52.13 %	-26.81 %

ENLC's 5 Years Annual ROA >> Back to ENLC Management Effectiveness >> Compare ENLC ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 28
Sector	# 50
Overall	# 1565

Return On Assets Statistics
High	Average	Low
6.1 %	-1.95 %	-23.45 %
(Mar 31 2023)		(Jun 30 2016)

Financial Statements
Enlink Midstream Llc's Assets	$ 7,885 million	ENLC's Balance sheet
Enlink Midstream Llc's Income	$ 43 million	Quarterly ENLC's Income Statement
ENLC's Income by Division		See ENLC's Income by Division

Annual Return On Assets	(Dec 31 2023) FY 2023	(Dec 31 2022) FY 2022	(Dec 31 2021) FY 2021	(Dec 31 2020) FY 2020	(Dec 31 2019) FY 2019
Y / Y Total Assets Change	-3.72 %	1.98 %	-0.79 %	-8.41 %	-12.7 %
Total Assets in million	8,329	8,651	8,483	8,551	9,336
Y / Y Net Income Change	-30.1 %	250.38 %	-	-	-
Net Income in million	350	501	143	-316	-1,000
Annual Return On Assets	4.2 %	5.79 %	1.68 %	-3.69 %	-10.71 %

ENLC's 5 Years Annual ROA >> Back to ENLC Management Effectiveness >> Compare ENLC ROA to its Competitors

Comment on ENLC's ROA in the fiscal year ending 2023

In the fiscal year 2023 Enlink Midstream Llc's ROA decreased compared to previous year to 4.2 %, due to deterioration of net income -30.1 % to $350.00 million, from $500.70 million a year ago, as ENLC's assets were $8,329.40 million.

More Return On Assets Ratios
ENLC's' Return on Assets at Yahoo Finance
Natural Gas Utilities Industry Return On Assets Trends and Statistics
Utilities Sector Roa Statistics
Roa Trends for overall market
ENLC's Roa Ratio versus Natural Gas Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for ENLC's Competitors
Subscribers only: Roa for Enlink Midstream Llc's Suppliers
Subscribers only: Return On Assets for ENLC's Customers

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ENLC's Roi	ENLC's Inventory Turnover Ratio	ENLC's Growth Rates	ENLC's Dividend Comparisons
	ENLC's Profitability Ratios	ENLC's Asset Turnover Ratio	ENLC's Dividend Growth
ENLC's Roe	ENLC's Valuation Ratios	ENLC's Financial Strength Ratios	ENLC's Dividend Payout Ratio

Companies with similar Return On Assets at Sep 30 2024, within Utilities Sector	ROA
Pure Cycle Corporation	8.35 %
Transcontinental Gas Pipe Line Company Llc	8.24 %
Enterprise Products Partners L p	8.16 %
Talen Energy Corporation	7.34 %
Targa Resources Corp	7.07 %
Antero Midstream Corporation	6.77 %
Montauk Renewables Inc	6.38 %
Oneok Inc	6.08 %
Vistra Corp	5.77 %
Williams companies inc	5.66 %
Energy Transfer Lp	5.63 %
Constellation Energy Corporation	5.53 %
Kinetik Holdings Inc	5.49 %
Opal Fuels Inc	5.10 %
Plains All American Pipeline Lp	5.09 %
Archrock inc	4.91 %
American States Water Co	4.78 %
Boardwalk Pipeline Partners Lp	4.77 %
Stabilis Solutions Inc	4.69 %
Dt Midstream Inc	4.68 %
Plains Gp Holdings Lp	4.67 %
Excelerate Energy Inc	4.44 %
Mge Energy Inc	4.38 %
Atmos Energy Corp	4.32 %
New Jersey Resources Corporation	4.30 %
Northwest Natural Holding Company	4.18 %
California Water Service Group	4.16 %
Public Service Enterprise Group Incorporated	3.88 %
Nrg Energy Inc	3.82 %
Kinder Morgan Inc	3.73 %

Date modified: 2026-09-08T17:32:46+00:00

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