Enbridge Inc. logo ENB - Enbridge Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 12
HOLD 12
SELL 1
STRONG
SELL 0
| PRICE TARGET: $46.86 DETAILS
HIGH: $63.00
LOW: $42.17
MEDIAN: $43.00
CONSENSUS: $46.86
DOWNSIDE: 19.26%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 65,194 53,473 43,649 53,309 47,071 39,087 50,069 46,378 44,378 34,560 33,794 37,641 32,918 25,306 19,402 15,127 12,466 16,131.3 11,919.4 10,644.5 8,453.1 6,540.5 4,855.3 4,547.5 4,050.1 2,945 2,687.6 2,341.6 2,519.9 2,457.9 2,322.7 591.5 395.2
Cost of Revenue 43,697 34,207 25,979 36,906 32,554 24,381 34,395 32,647 31,800 26,245 27,265 31,060 28,177 20,992 14,854 11,291 9,011 12,792 9,009.5 7,824.6 5,728.4 3,917.0 2,720.1 2,578.0 2,202.8 966.5 903.1 865.0 1,036.5 1,064.3 1,123.0 372.7 189.0
Gross Profit 21,497 19,266 17,670 16,403 14,517 14,706 15,674 13,731 12,578 8,315 6,529 6,581 4,741 4,314 4,548 3,836 3,455 3,339.3 2,909.9 2,819.9 2,724.7 2,623.5 2,135.2 1,969.5 1,847.3 1,978.5 1,784.6 1,476.6 1,483.5 1,393.6 1,199.8 218.8 206.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 0 (135) (239) (150) (148) 6,991 6,792 6,442 4,360 4,248 3,281 3,014 2,890 1,720 1,466 1,430 1,312.2 1,163.7 1,084.2 1,057.6 1,015 800.8 834.1 739.1 870.3 821.6 675.1 638.5 576.3 515.8 0 0
Other Expenses 10,539 9,617 9,154 11,464 6,862 6,897 423 0 0 0 0 28 51 240 937 864 764 658.4 596.9 587.4 575.3 525 443.0 526.6 392.5 453.5 383.8 309.0 274.1 236.9 221.4 102.0 69.8
Operating Expenses 10,539 9,617 9,019 11,225 6,712 6,749 7,414 6,792 6,442 4,358 4,227 3,378 3,375 2,802 2,657 2,330 2,194 1,970.6 1,760.6 1,671.6 1,632.9 1,540 1,243.8 1,360.7 1,131.6 1,323.8 1,205.4 984.1 912.5 813.2 737.3 102.0 69.8
Operating Income
Operating Income 10,958 9,649 8,651 5,178 7,805 7,957 8,260 4,816 1,571 2,581 1,862 3,200 1,365 1,512 1,891 1,506 1,261 1,368.7 1,149.3 1,148.3 1,091.8 1,083.5 891.4 608.8 715.7 654.7 579.1 492.6 571.0 580.4 462.5 116.8 136.4
Interest Expense 4,992 4,401 3,822 3,224 2,705 2,014.1 2,121.5 2,834 2,826 1,590 1,624 1,080 907 841 711 687 597 550.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 10 0 0 0 0 131 270 0 0 23 27 27 (18) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 20,446 16,867 16,349 12,083 14,286 10,746 13,656 7,636 5,727 5,853 3,308 4,616 2,697 3,065 3,164 2,848 3,237 3,102 1,746.0 1,627.9 1,667.1 1,608.5 1,334.4 1,012.7 1,139.0 998.8 963.0 801.5 845.0 817.3 684 218.8 206.1
EBIT 14,785 11,700 11,736 7,766 10,434 7,034 10,265 6,404 3,395 4,041 1,635 3,253 1,520 1,989 2,902 1,984 2,465 2,443.1 1,149.0 1,148.3 1,091.8 1,083.5 891.4 608.8 746.5 611.3 579.1 492.6 571.0 580.4 462.5 116.8 136.4
Income Before Tax 9,793 7,299 7,879 4,542 7,729 4,190 7,535 3,570 569 2,451 11 2,173 613 1,071 1,628 1,231 1,868 1,836.6 916.3 814.6 784.2 941.4 888.2 469.9 504.3 412.6 387.3 336.2 371.6 318.6 204.8 40.0 120.1
Income Tax Expense 2,004 1,668 1,821 1,604 1,415 774 1,708 237 (2,697) 142 170 611 123 128 568 251 306 508.9 209.2 192.3 221.3 289.2 187.4 102.1 66.7 (1.9) 87.5 95.4 154.3 138.3 74.4 (3.6) 39.3
Net Income 7,491 5,441 6,191 3,003 6,189 3,363 5,705 2,882 2,859 2,069 251 1,405 629 715 1,004 970 1,562 1,327.7 707.1 622.3 562.9 652.2 700.8 610.1 482.9 414.5 299.8 240.9 217.3 180.3 130.4 43.6 80.8
Per Share Data
EPS (Basic) 3.24 2.34 2.84 1.28 2.87 1.48 2.64 1.67 1.66 1.95 -0.04 1.39 0.55 0.79 1.32 1.30 2.13 1.84 0.99 0.91 0.83 0.48 0.51 0.46 0.73 0.64 -0.33 0.10 0.10 0.09 0.14 0.07 0.13
EPS (Diluted) 3.24 2.34 2.84 1.28 2.87 1.48 2.63 1.67 1.65 1.93 -0.04 1.39 0.55 0.78 1.30 1.29 2.13 1.82 0.98 0.90 0.82 0.48 0.51 0.46 0.72 0.63 -0.33 0.10 0.10 0.09 0.14 0.07 0.13
Shares Outstanding 2,180 2,155 2,056 2,025 2,023 2,020 2,017 1,724 1,525 911 847 829 806 772 751 740 728.3 718.6 710.6 680.0 673.9 1,375.2 1,373.7 1,316.8 1,259.2 1,228.8 1,202.0 1,245.7 1,186.6 1,079.8 907.1 634.2 633.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 1,501.1 1,803 5,901 861 286 452 521.3 518 480 2,117 327 541.7 105.5 104.1 40.7 74.0 67.0 53.5 124.9 51.3 13.8 31.8 12.3 225.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 9,834.1 7,385 4,842 6,053 5,471 3,989 5,196.1 5,288 7,100 5,024 2,484 2,322.5 1,451.9 1,138.8 817.5 1,419.1 663.3 678.5 611.3 436.6 361.1 278.8 576.9 44.0
Inventory 2,224.2 1,488 1,479 2,255 1,670 1,536 1,001.7 1,339 1,528 1,233 784 844.7 791.6 809.8 583.8 665.6 519.8 375.1 357.7 309.9 279.0 293.0 0 0
Other Current Assets (9,716.1) 2,487 2,177 2,978 1,532 1,373 0 1,308 1,728 1,064 0 173 0.0 0 (0.0) 123.0 84.8 0 0 0 0 0 388.0 75.2
Total Current Assets 3,843.3 13,163 14,399 12,147 8,959 7,350 6,719.1 8,572 9,215 8,410 3,595 3,708.9 2,349.0 2,052.7 1,442.0 2,281.7 1,334.3 1,107.2 1,094.0 797.9 654.0 603.8 977.3 344.5
Non-Current Assets
Property, Plant & Equipment 180,569.6 131,104 104,641 104,460 100,067 95,279 72,825.1 94,540 90,711 64,284 18,850 16,389.6 9,066.5 8,530.9 6,947.6 7,546.8 7,160 6,770.7 6,364.2 5,215.0 4,807.0 4,377.7 4,051.9 1,127.0
Goodwill 48,414.2 36,600 31,848 32,440 32,775 32,688 25,566.2 34,459 34,457 78 372 389.2 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 5,476.2 4,587 3,537 4,018 4,008 2,080 1,675.7 2,372 3,267 1,573 488 225.3 165.4 0 0 330.4 0 0 0 0 0 0 0 125.0
Long-Term Investments 31,230.3 20,691 16,793 15,936 13,324 13,874 13,124.3 16,707 16,644 6,836 2,312 2,491.8 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets (31,230.3) 12,032 8,758 10,135 9,243 9,005 5,138.2 8,881 6,709 3,481 2,425 1,318.4 3,179.2 3,047.2 4,388.8 2,826.8 2,073.9 1,330.3 889.0 659.3 300.1 195.5 316.9 70.2
Total Non-Current Assets 234,460.0 205,810 165,918 167,461 159,905 152,926 119,100.8 158,333 152,878 77,422 24,574 20,992.5 12,556.1 11,770.6 11,545.4 10,846.0 9,233.9 8,101.0 7,253.3 5,874.3 5,107.2 4,573.2 4,368.8 1,322.1
Total Assets 299,776.1 218,973 180,317 179,608 168,864 160,276 125,819.9 166,905 162,093 85,832 28,169 24,701.4 14,905.1 13,823.3 12,987.4 13,127.7 10,568.2 9,208.2 8,347.2 6,672.2 5,761.1 5,177.0 5,346.1 1,666.5
Current Liabilities
Account Payables 10,418.6 7,060 4,308 6,172 4,470 3,519 3,514.2 4,604 5,135 3,718 2,463 2,411 1,275.9 906.5 714.1 805.2 409.9 494.6 540.9 493.4 400.4 308.4 311.2 44.7
Short-Term Debt 8,382.3 8,258 6,484 8,041 7,679 4,503 4,161.2 4,283 4,315 5,074 1,222 1,593.1 1,384.7 1,358.7 899.8 2,221.1 261.3 155.4 400.5 398.9 446.8 401.4 432.7 4.0
Deferred Revenue 0 1,072 1,177 1,056 0 0 0 801 3,847 138 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities (10,603.8) 3,122 1,911 1,656 2,202 5,215 4,584.5 2,115 1,986 2,840 0 (0.1) 83.8 84.6 102.6 174.0 588.7 260.4 345.4 480.2 157.7 178.9 52.7 30.2
Total Current Liabilities 8,368.6 23,812 17,435 20,301 18,229 13,979 12,259.9 14,855 14,624 12,966 3,789 4,106.5 2,744.4 2,349.8 1,716.5 3,200.3 1,259.9 910.4 1,286.7 1,372.4 1,004.9 888.7 796.6 78.9
Non-Current Liabilities
Long-Term Debt 135,905.4 93,414 74,715 72,939 67,961 63,060 46,008.1 60,327 60,865 36,494 12,974 11,629 6,718.5 5,995.5 6,040.3 5,922.8 5,592.7 5,284.9 4,502.3 3,166.4 2,939.0 2,553.9 3,458.4 597.0
Deferred Tax Liabilities 27,829.5 19,596 15,031 13,781 11,689 0 7,609.0 9,454 9,295 6,036 2,211 1,290.8 797.3 829.0 837.4 722.8 756.6 254.5 380.5 374.3 373.6 373.1 398.8 399.9
Other Non-Current Liabilities 35,682.2 13,258 8,653 9,189 7,617 18,151 5,887.8 8,834 3,443 1,589 1,207 258.7 151.8 (0.0) 0 118.6 69.2 157.8 116.3 59.8 47.6 26.9 12.3 127.5
Total Non-Current Liabilities 200,951.2 126,268 98,399 95,909 87,267 81,934 60,036.2 78,615 81,737 50,903 16,392 13,178.7 7,667.6 6,824.5 6,877.7 6,764.2 6,418.5 5,697.2 4,999.1 3,600.4 3,360.1 2,953.8 3,869.5 1,124.4
Total Liabilities 209,319.8 150,080 115,834 116,210 105,496 95,913 72,296.1 93,470 96,361 63,869 20,181 17,285.2 10,412.0 9,174.3 8,594.2 9,964.5 7,678.4 6,607.6 6,285.8 4,972.8 4,365.1 3,842.5 4,666.2 1,203.3
Stockholders' Equity
Common Stock 98,623.2 71,738 69,180 64,760 64,799 64,768 49,929.4 64,677 50,737 10,492 0 3,194 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings (29,204.4) (20,046) (17,115) (15,486) (10,989) (9,995) (4,869.1) (5,538) (2,468) (716) 4,400 3,383.4 1,840.9 1,511.4 1,128.1 812.3 581.3 503.0 407.6 336.7 266.5 212.2 198.1 234.6
Accumulated Other Comprehensive Income 6,422.9 7,115 2,303 3,520 (1,096) (1,430) (249.1) 2,672 (973) 1,058 (543) 32.8 (270.1) (282.7) (123.4) (120.8) (135.9) (145.8) (1,707.0) (1,445.6) (1,263.4) (1,096.7) (892.6) (800.2)
Total Stockholders' Equity 85,529.0 65,900 61,454 59,887 60,826 61,367 50,929.6 69,470 58,135 21,386 7,261 6,618.8 3,978.2 4,126.0 3,832.4 3,032.1 2,763.4 2,500.6 2,061.5 1,699.4 1,396.1 1,095.6 446.3 463.2
Total Liabilities & Equity 299,776.1 218,973 180,317 179,608 168,864 160,276 125,819.9 166,905 162,093 85,832 28,169 24,701.4 14,905.1 13,823.3 12,987.4 13,127.7 10,568.2 9,208.2 8,347.2 6,672.2 5,761.1 5,177.0 5,346.1 1,666.5
Debt Metrics
Total Debt 145,993.3 101,672 81,199 80,980 75,640 68,377 50,700.6 64,610 65,180 41,568 14,196 13,222 8,103.2 7,354.2 6,940.1 8,143.9 5,854.0 5,440.2 4,902.8 3,565.3 3,385.8 2,955.3 3,891.1 601.0
Net Debt 144,492.1 99,869 75,298 80,119 75,354 67,925 50,179.3 64,092 64,700 39,451 13,869 12,680.3 7,997.7 7,250.1 6,899.4 8,069.9 5,787.0 5,386.7 4,777.9 3,513.9 3,371.9 2,923.5 3,878.8 375.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 16,187.0 5,631 6,058 2,938 6,314 3,416 5,705 3,333 3,266 2,309 562.9 652.2 674.1 367.8 437.6 379.9 299.8 240.9 217.3 180.3 130.4 43.6 80.8
Depreciation & Amortization 7,767.6 5,167 4,613 4,317 3,852 3,712 3,391 3,246 3,163 2,240 575.3 525 443.0 403.9 392.5 453.5 383.8 309.0 274.1 236.9 221.4 102.0 69.8
Stock-Based Compensation 0 0 0 0 0 145 0 0 165 130 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (1,926.3) (133) 2,311 (12) (1,466) 93 (259) 915 (427) (362) (397.4) (141.1) (569.8) 151.6 (603.7) (515.4) (131.8) (158.0) (56.0) 73.0 105.0 110.6 (34.7)
Other Non-Cash Items (6,598.8) 1,216 (201) 3,030 (535) 1,968 (595) 3,156 3,294 851 54.6 (162.1) (237.9) 18.8 (38.5) 129.1 (62.2) (49.4) (3.1) 35.1 34.2 (56.5) 17.6
Operating Cash Flow 16,836.0 12,600 14,201 11,230 9,256 9,781 9,398 10,502 6,584 5,211 903.5 886.7 395.2 910.6 133.9 264.0 495.1 316.3 432.0 538.0 476.1 199.7 133.4
Investing Activities
Capital Expenditure (12,312.1) (6,930) (4,876) (4,821) (8,093) (5,620) (5,692) (7,346) (8,864) (5,255) (680.6) (496.4) (391.3) (729.9) (683.3) (364.3) (800.3) (1,464.6) (651.5) (560.5) (428.7) (376.6) (82.9)
Acquisitions 0 (10,748) (954) (306) (3,785) (24) 2,122 5,835 657 (645) (88.6) (833.9) (78.3) (289.3) (599.1) (16.5) 0 0 0 0 0 0 0
Purchases of Investments 0 0 (1,276) (1,041) (640) (487) (1,159) (1,312) (4,190) (467) (89.9) (16.6) (50.5) (1,282.7) (41.8) 0 0 0 0 0 0 0 (21.0)
Sales/Maturities of Investments 478.9 0 0 0 0 5,620 (2,122) 0 683 (127) 0 0 331.2 110.5 0 0 0 0 0 0 36.4 13.2 53.9
Other Investing Activities (2,578.2) (2,685) 1,063 898 1,861 (4,666) 2,193 1,189 712 1,302 26.1 347.2 448.4 1,939.7 (16.9) (569.0) (405.4) (129.7) (449.6) (261.9) (117.9) (1,240.7) (12.6)
Investing Cash Flow (14,411.5) (20,363) (6,043) (5,270) (10,657) (5,177) (4,658) (1,634) (11,002) (5,192) (833.0) (999.7) 259.5 (251.7) (1,341.1) (949.8) (1,205.7) (1,594.3) (1,101.1) (822.4) (510.2) (1,604.2) (62.6)
Financing Activities
Net Debt Issuance 8,150.7 9,690 876 2,497 9,122 2,532 2,206 (3,584) 3,901 (411) 290.8 745.1 (340.7) (1,316.2) 1,447.4 726.9 388.7 1,178.6 538.1 259.4 31.5 1,262.6 (28.8)
Stock Repurchased 0 0 (125) (151) 0 0 (300) (210) 0 0 0 (350) 0 0 0 0 0 0 0 0 0 0 (67.6)
Dividends Paid (11,844.2) (8,262) (7,628) (7,306) (7,133) (6,940) (6,356) (3,844) (3,080) (1,443) (368.0) (322.7) (290.8) (284.7) (251.9) (224.3) (198.4) (168.3) (147.1) (125.9) (116.3) (80.2) (79.8)
Other Financing Activities 362.0 (369) (437) 532 (343) (367) (313) (1,269) 617 (303) 1.4 (2.4) (30.7) 422.1 (4.1) 21.2 0.1 (0.2) 0 (8.6) (8) (2.3) 0.0
Financing Cash Flow (3,293.1) 3,544 (2,864) (5,428) 1,236 (4,770) (4,745) (7,503) 3,476 1,102 (22.1) 114.4 (591.3) (692.2) 1,214.7 699.2 639.3 1,351.5 706.6 266.4 53.4 1,191.1 (105.9)
Cash Position
Net Change in Cash (933.0) (3,985) 5,078 587 (170) (186) 39 50 (1,014) 1,102 48.4 1.4 63.4 (33.3) 7.5 13.4 (71.3) 73.5 706.6 266.4 53.4 (212.8) (29.5)
Cash at Beginning 2,744.3 5,985 907 320 490 676 637 587 1,494 1,015 105.5 104.1 40.7 74.0 66.5 53.6 124.9 51.2 13.9 31.8 12.4 225.3 254.7
Cash at End 1,811.2 2,000 5,985 907 320 490 676 637 480 2,117 153.9 105.5 104.1 40.7 74.0 67.0 53.5 124.8 720.5 298.2 65.9 12.5 225.2
Free Cash Flow 4,523.9 5,670 9,325 6,409 1,163 4,161 3,706 3,156 (2,280) (44) 222.9 390.3 3.9 180.7 (549.4) (100.3) (305.3) (1,148.3) (219.4) (22.5) 47.5 (176.9) 50.6
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 65,194 53,473 43,649 53,309 47,071 39,087 50,069 46,378 44,378 34,560 33,794 37,641 32,918 25,306 19,402 15,127 12,466 16,131.3 11,919.4 10,644.5 8,453.1 6,540.5 4,855.3 4,547.5 4,050.1 2,945 2,687.6 2,341.6 2,519.9 2,457.9 2,322.7 591.5 395.2
Gross Profit 21,497 19,266 17,670 16,403 14,517 14,706 15,674 13,731 12,578 8,315 6,529 6,581 4,741 4,314 4,548 3,836 3,455 3,339.3 2,909.9 2,819.9 2,724.7 2,623.5 2,135.2 1,969.5 1,847.3 1,978.5 1,784.6 1,476.6 1,483.5 1,393.6 1,199.8 218.8 206.1
Operating Income 10,958 9,649 8,651 5,178 7,805 7,957 8,260 4,816 1,571 2,581 1,862 3,200 1,365 1,512 1,891 1,506 1,261 1,368.7 1,149.3 1,148.3 1,091.8 1,083.5 891.4 608.8 715.7 654.7 579.1 492.6 571.0 580.4 462.5 116.8 136.4
Net Income 7,491 5,441 6,191 3,003 6,189 3,363 5,705 2,882 2,859 2,069 251 1,405 629 715 1,004 970 1,562 1,327.7 707.1 622.3 562.9 652.2 700.8 610.1 482.9 414.5 299.8 240.9 217.3 180.3 130.4 43.6 80.8
EPS (Diluted) 3.24 2.34 2.84 1.28 2.87 1.48 2.63 1.67 1.65 1.93 -0.04 1.39 0.55 0.78 1.30 1.29 2.13 1.82 0.98 0.90 0.82 0.48 0.51 0.46 0.72 0.63 -0.33 0.10 0.10 0.09 0.14 0.07 0.13
Balance Sheet
Cash & Equivalents 1,501.1 1,803 5,901 861 286 452 521.3 518 480 2,117 327 541.7 105.5 104.1 40.7 74.0 67.0 53.5 124.9 51.3 13.8 31.8 12.3 225.3
Total Assets 299,776.1 218,973 180,317 179,608 168,864 160,276 125,819.9 166,905 162,093 85,832 28,169 24,701.4 14,905.1 13,823.3 12,987.4 13,127.7 10,568.2 9,208.2 8,347.2 6,672.2 5,761.1 5,177.0 5,346.1 1,666.5
Total Debt 145,993.3 101,672 81,199 80,980 75,640 68,377 50,700.6 64,610 65,180 41,568 14,196 13,222 8,103.2 7,354.2 6,940.1 8,143.9 5,854.0 5,440.2 4,902.8 3,565.3 3,385.8 2,955.3 3,891.1 601.0
Stockholders' Equity 85,529.0 65,900 61,454 59,887 60,826 61,367 50,929.6 69,470 58,135 21,386 7,261 6,618.8 3,978.2 4,126.0 3,832.4 3,032.1 2,763.4 2,500.6 2,061.5 1,699.4 1,396.1 1,095.6 446.3 463.2
Cash Flow
Operating Cash Flow 16,836.0 12,600 14,201 11,230 9,256 9,781 9,398 10,502 6,584 5,211 903.5 886.7 395.2 910.6 133.9 264.0 495.1 316.3 432.0 538.0 476.1 199.7 133.4
Capital Expenditure (12,312.1) (6,930) (4,876) (4,821) (8,093) (5,620) (5,692) (7,346) (8,864) (5,255) (680.6) (496.4) (391.3) (729.9) (683.3) (364.3) (800.3) (1,464.6) (651.5) (560.5) (428.7) (376.6) (82.9)
Free Cash Flow 4,523.9 5,670 9,325 6,409 1,163 4,161 3,706 3,156 (2,280) (44) 222.9 390.3 3.9 180.7 (549.4) (100.3) (305.3) (1,148.3) (219.4) (22.5) 47.5 (176.9) 50.6