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May 8, 2026·SEC
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Enbridge Inc.(ENB)Earnings, Financials & Key Ratios
ENB•NYSE
23.7× P/E·Price updated Jun 19, 2026
AboutEnbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines, and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.Show more
- Revenue$65.19B+21.9%
- EBITDA$16.62B+12.2%
- Net Income$7.49B+37.7%
- EPS (Diluted)3.24+38.5%
- Gross Margin32.97%-8.5%
- EBITDA Margin25.49%-8.0%
- Operating Margin16.81%-6.9%
- Net Margin11.49%+12.9%
- ROE9.4%+15.2%
ENB Key Insights
Enbridge Inc. (ENB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 17.4%
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 10.8%
- ✓Healthy 5Y average net margin of 10.9%
✗Weaknesses
- ✗Dividend payout exceeds 100% of earnings
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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ENB Price & Volume
Enbridge Inc. (ENB) stock price & volume — 10-year historical chart
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ENB Growth Metrics
Enbridge Inc. (ENB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.79%
5 Years10.77%
3 Years6.94%
TTM27.95%
Profit CAGR
10 Years40.44%
5 Years17.37%
3 Years35.62%
TTM20.33%
EPS CAGR
10 Years-
5 Years16.97%
3 Years36.28%
TTM20%
Return on Capital
10 Years4.44%
5 Years4.77%
3 Years5.09%
Last Year4.5%
ENB Recent Earnings
Enbridge Inc. (ENB) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 8, 2026Metric
Actual
Est
EPS
$0.71+2.9%
$0.69
Rev
$16.1B+65.7%
$9.7B
Q1 2026
Feb 13, 2026Metric
Actual
Est
EPS
$0.63+5.0%
$0.60
Rev
$12.5B+103.0%
$6.2B
Q4 2025
Nov 7, 2025Metric
Actual
Est
EPS
$0.33-15.4%
$0.39
Rev
$14.6B+61.2%
$9.1B
Q3 2025
Aug 1, 2025Metric
Actual
Est
EPS
$0.47+14.6%
$0.41
Rev
$10.9B+54.3%
$7.0B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 8, 2026 | $0.71vs $0.69+2.9% | $16.1Bvs $9.7B+65.7% |
| Q1 2026 | Feb 13, 2026 | $0.63vs $0.60+5.0% | $12.5Bvs $6.2B+103.0% |
| Q4 2025 | Nov 7, 2025 | $0.33vs $0.39-15.4% | $14.6Bvs $9.1B+61.2% |
| Q3 2025 | Aug 1, 2025 | $0.47vs $0.41+14.6% | $10.9Bvs $7.0B+54.3% |
Based on last 12 quarters of dataView full earnings history →
ENB Peer Comparison
Enbridge Inc. (ENB) competitors in Crude Oil Pipelines and Terminals — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 KMI | 70.28B | 31.59 | 23.06 | 12.45% | 18.92% | 10.27% | 1.00 | |
 WMB | 89.43B | 73.12 | 34.17 | 13.78% | 23.82% | 18.98% | 1.96 | |
 ET | 64.51B | 18.75 | 13.89 | -0.05% | 6.21% | 11.56% | 1.45 | |
 EPD | 79.12B | 36.60 | 13.76 | -6.44% | 11.03% | 19.29% | 1.14 | |
 TRP | 70.49B | 67.70 | 29.20 | 10.29% | 23.23% | 9.37% | 1.65 | |
 MPLX | 57.7B | 56.84 | 11.79 | 8.37% | 37.54% | 32.81% | 1.80 | |
 PAA | 15.06B | 21.34 | 12.86 | -11.61% | 2.54% | 8.84% | 0.86 | |
 OKE | 53.57B | 85.03 | 15.69 | 55.42% | 10.04% | 15.86% | 1.45 |
Compare ENB vs Peers
Enbridge Inc. (ENB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ENB Income Statement
Enbridge Inc. (ENB) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 44.38B | 46.38B | 50.07B | 39.09B | 47.07B | 53.31B | 43.65B | 53.47B | 65.19B | 77.97B |
Revenue Growth % | 28.41% | 4.51% | 7.96% | -21.93% | 20.43% | 13.25% | -18.12% | 22.51% | 21.92% | 27.95% |
Cost of Goods Sold | 31.8B | 32.65B | 34.4B | 24.38B | 32.55B | 36.91B | 25.98B | 34.21B | 43.7B | 53.99B |
COGS % of Revenue | 71.66% | 70.39% | 68.7% | 62.38% | 69.16% | 69.23% | 59.52% | 63.97% | 67.03% | - |
Gross Profit | 12.58B▲ 0% | 13.73B▲ 9.2% | 15.67B▲ 14.2% | 14.71B▼ 6.2% | 14.52B▼ 1.3% | 16.4B▲ 13.0% | 17.67B▲ 7.7% | 19.27B▲ 9.0% | 21.5B▲ 11.6% | 23.98B▲ 0% |
Gross Margin % | 28.34% | 29.61% | 31.3% | 37.62% | 30.84% | 30.77% | 40.48% | 36.03% | 32.97% | 30.76% |
Gross Profit Growth % | 51.27% | 9.17% | 14.15% | -6.18% | -1.29% | 12.99% | 7.72% | 9.03% | 11.58% | - |
Operating Expenses | 6.44B | 6.79B | 7.41B | 6.75B | 6.71B | 11.22B | 9.02B | 9.62B | 10.54B | 11.62B |
OpEx % of Revenue | 14.52% | 14.64% | 14.81% | 17.27% | 14.26% | 21.06% | 20.66% | 17.98% | 16.17% | - |
Selling, General & Admin | 6.44B | 6.79B | 6.99B | -148M | -150M | -239M | -135M | 0 | 0 | 0 |
SG&A % of Revenue | 14.52% | 14.64% | 13.96% | -0.38% | -0.32% | -0.45% | -0.31% | - | - | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | 0 | 0 | 423M | 6.9B | 6.86B | 11.46B | 9.15B | 9.62B | 10.54B | 4M |
Operating Income | 1.57B▲ 0% | 4.82B▲ 206.6% | 8.26B▲ 71.5% | 7.96B▼ 3.7% | 7.8B▼ 1.9% | 5.18B▼ 33.7% | 8.65B▲ 67.1% | 9.65B▲ 11.5% | 10.96B▲ 13.6% | 12.36B▲ 0% |
Operating Margin % | 3.54% | 10.38% | 16.5% | 20.36% | 16.58% | 9.71% | 19.82% | 18.04% | 16.81% | 15.85% |
Operating Income Growth % | -39.13% | 206.56% | 71.51% | -3.67% | -1.91% | -33.66% | 67.07% | 11.54% | 13.57% | - |
EBITDA | 4.73B | 8.06B | 11.65B | 11.67B | 11.66B | 9.49B | 13.26B | 14.82B | 16.62B | 18.58B |
EBITDA Margin % | 10.67% | 17.38% | 23.27% | 29.85% | 24.76% | 17.81% | 30.39% | 27.71% | 25.49% | 23.83% |
EBITDA Growth % | -1.8% | 70.3% | 44.52% | 0.15% | -0.1% | -18.55% | 39.69% | 11.7% | 12.17% | 16.18% |
D&A (Non-Cash Add-back) | 3.16B | 3.25B | 3.39B | 3.71B | 3.85B | 4.32B | 4.61B | 5.17B | 5.66B | 6.22B |
EBIT | 3.4B | 6.4B | 10.27B | 7.03B | 10.43B | 7.77B | 11.74B | 11.7B | 14.79B | 15.33B |
Net Interest Income | -2.56B | -2.7B | -2.12B | -2.01B | -2.71B | -3.22B | -3.81B | -4.42B | -4.99B | -1.95B |
Interest Income | 270M | 131M | 0 | 0 | 0 | 0 | 10M | 0 | 0 | 0 |
Interest Expense | 2.83B | 2.83B | 2.12B | 2.01B | 2.71B | 3.22B | 3.82B | 4.4B | 4.99B | 1.95B |
Other Income/Expense | -5.14B | -3.97B | -725M | -3.77B | -76M | -636M | -772M | -2.35B | -1.17B | -2.5B |
Pretax Income | 569M▲ 0% | 3.57B▲ 527.4% | 7.54B▲ 111.1% | 4.19B▼ 44.4% | 7.73B▲ 84.5% | 4.54B▼ 41.2% | 7.88B▲ 73.5% | 7.3B▼ 7.4% | 9.79B▲ 34.2% | 9.86B▲ 0% |
Pretax Margin % | 1.28% | 7.7% | 15.05% | 10.72% | 16.42% | 8.52% | 18.05% | 13.65% | 15.02% | 12.64% |
Income Tax | -2.7B | 237M | 1.71B | 774M | 1.42B | 1.6B | 1.82B | 1.67B | 2B | 2.11B |
Effective Tax Rate % | -473.99% | 6.64% | 22.67% | 18.47% | 18.31% | 35.31% | 23.11% | 22.85% | 20.46% | 21.45% |
Net Income | 2.86B▲ 0% | 2.88B▲ 0.8% | 5.71B▲ 98.0% | 3.36B▼ 41.1% | 6.19B▲ 84.0% | 3B▼ 51.5% | 6.19B▲ 106.2% | 5.44B▼ 12.1% | 7.49B▲ 37.7% | 7.57B▲ 0% |
Net Margin % | 6.44% | 6.21% | 11.39% | 8.6% | 13.15% | 5.63% | 14.18% | 10.18% | 11.49% | 9.71% |
Net Income Growth % | 38.18% | 0.8% | 97.95% | -41.05% | 84.03% | -51.48% | 106.16% | -12.11% | 37.68% | 20.33% |
Net Income (Continuing) | 3.27B | 3.33B | 5.83B | 3.42B | 6.31B | 2.94B | 6.06B | 5.63B | 7.79B | 7.74B |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 7.6B | 3.96B | 2.59B | 3B | 2.54B | 3.51B | 3.03B | 2.99B | 4.93B | 4.92B |
EPS (Diluted) | 1.65▲ 0% | 1.67▲ 1.2% | 2.63▲ 57.5% | 1.48▼ 43.7% | 2.87▲ 93.9% | 1.28▼ 55.4% | 2.84▲ 121.9% | 2.34▼ 17.6% | 3.24▲ 38.5% | 3.45▲ 0% |
EPS Growth % | -14.51% | 1.21% | 57.48% | -43.73% | 93.92% | -55.4% | 121.88% | -17.61% | 38.46% | 20% |
EPS (Basic) | 1.66 | 1.67 | 2.64 | 1.48 | 2.87 | 1.28 | 2.84 | 2.34 | 3.24 | - |
Diluted Shares Outstanding | 1.53B | 1.73B | 2.02B | 2.02B | 2.02B | 2.03B | 2.06B | 2.16B | 2.19B | 2.19B |
Basic Shares Outstanding | 1.52B | 1.72B | 2.02B | 2.02B | 2.02B | 2.02B | 2.06B | 2.15B | 2.18B | 2.18B |
Dividend Payout Ratio | 96.19% | 120.75% | 104.7% | 195.06% | 109.32% | 232.03% | 117.53% | 144.73% | 150.44% | - |
ENB Balance Sheet
Enbridge Inc. (ENB) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 9.21B | 8.57B | 6.72B | 7.35B | 8.96B | 12.15B | 14.4B | 13.16B | 3.84B | 26.39B |
Cash & Short-Term Investments | 480M | 518M | 521.3M | 452M | 286M | 861M | 5.9B | 1.8B | 1.5B | 2.55B |
Cash Only | 480M | 518M | 521.3M | 452M | 286M | 861M | 5.9B | 1.8B | 1.5B | 2.55B |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 7.1B | 5.29B | 5.2B | 3.99B | 5.47B | 6.05B | 4.84B | 7.38B | 9.83B | 14.76B |
Days Sales Outstanding | 58.4 | 41.62 | 37.88 | 37.25 | 42.42 | 41.44 | 40.49 | 50.41 | 55.06 | 40.25 |
Inventory | 1.53B | 1.34B | 1B | 1.54B | 1.67B | 2.25B | 1.48B | 1.49B | 2.22B | 2.58B |
Days Inventory Outstanding | 17.54 | 14.97 | 10.63 | 23 | 18.72 | 22.3 | 20.78 | 15.88 | 18.58 | 12.83 |
Other Current Assets | 1.73B | 1.31B | 0 | 1.37B | 1.53B | 2.98B | 2.18B | 2.49B | -9.72B | 6.5B |
Total Non-Current Assets | 152.88B | 158.33B | 119.1B | 152.93B | 159.91B | 167.46B | 165.92B | 205.81B | 234.46B | 292.9B |
Property, Plant & Equipment | 90.71B | 94.54B | 72.83B | 95.28B | 100.07B | 104.46B | 104.64B | 131.1B | 180.57B | 188.06B |
Fixed Asset Turnover | 0.49x | 0.49x | 0.69x | 0.41x | 0.47x | 0.51x | 0.42x | 0.41x | 0.36x | 0.53x |
Goodwill | 34.46B | 34.46B | 25.57B | 32.69B | 32.77B | 32.44B | 31.85B | 36.6B | 48.41B | 50.04B |
Intangible Assets | 3.27B | 2.37B | 1.68B | 2.08B | 4.01B | 4.02B | 3.54B | 4.59B | 5.48B | 5.6B |
Long-Term Investments | 16.64B | 16.71B | 13.12B | 13.87B | 13.32B | 15.94B | 16.79B | 20.69B | 31.23B | 101.32B |
Other Non-Current Assets | 6.71B | 8.88B | 5.14B | 9.01B | 9.24B | 10.13B | 8.76B | 12.03B | -31.23B | 15.08B |
Total Assets | 162.09B▲ 0% | 166.91B▲ 3.0% | 125.82B▼ 24.6% | 160.28B▲ 27.4% | 168.86B▲ 5.4% | 179.61B▲ 6.4% | 180.32B▲ 0.4% | 218.97B▲ 21.4% | 299.78B▲ 36.9% | 319.29B▲ 0% |
Asset Turnover | 0.27x | 0.28x | 0.40x | 0.24x | 0.28x | 0.30x | 0.24x | 0.24x | 0.22x | 0.32x |
Asset Growth % | 88.85% | 2.97% | -24.62% | 27.39% | 5.36% | 6.36% | 0.39% | 21.44% | 36.9% | 62.84% |
Total Current Liabilities | 14.62B | 14.86B | 12.26B | 13.98B | 18.23B | 20.3B | 17.43B | 23.81B | 8.37B | 32.62B |
Accounts Payable | 5.13B | 4.6B | 3.51B | 3.52B | 4.47B | 6.17B | 4.31B | 7.06B | 10.42B | 13.8B |
Days Payables Outstanding | 58.94 | 51.47 | 37.29 | 52.68 | 50.12 | 61.04 | 60.53 | 75.33 | 87.03 | 58.53 |
Short-Term Debt | 4.32B | 4.28B | 4.16B | 4.5B | 7.68B | 8.04B | 6.48B | 8.26B | 8.38B | 9.12B |
Deferred Revenue (Current) | 3.85B | 801M | 0 | 0 | 0 | 1.06B | 1.18B | 1.07B | 0 | 1.67B |
Other Current Liabilities | 1.99B | 2.12B | 4.58B | 5.21B | 2.2B | 1.66B | 1.91B | 3.12B | -10.6B | 9.7B |
Current Ratio | 0.63x | 0.58x | 0.55x | 0.53x | 0.49x | 0.60x | 0.83x | 0.55x | 0.46x | 0.81x |
Quick Ratio | 0.53x | 0.49x | 0.47x | 0.42x | 0.40x | 0.49x | 0.74x | 0.49x | 0.19x | 0.73x |
Cash Conversion Cycle | 17 | 5.11 | 11.22 | 7.56 | 11.03 | 2.71 | 0.74 | -9.05 | -13.39 | -5.46 |
Total Non-Current Liabilities | 81.74B | 78.61B | 60.04B | 81.93B | 87.27B | 95.91B | 98.4B | 126.27B | 200.95B | 190.85B |
Long-Term Debt | 60.87B | 60.33B | 46.01B | 63.06B | 67.96B | 72.94B | 74.72B | 93.41B | 135.91B | 144.12B |
Capital Lease Obligations | -4.07B | 0 | 531.33M | 723M | 0 | 0 | 0 | 0 | 1.53B | 0 |
Deferred Tax Liabilities | 9.29B | 9.45B | 7.61B | 0 | 11.69B | 13.78B | 15.03B | 19.6B | 27.83B | 91.43B |
Other Non-Current Liabilities | 3.44B | 8.83B | 5.89B | 18.15B | 7.62B | 9.19B | 8.65B | 13.26B | 35.68B | 17.33B |
Total Liabilities | 96.36B | 93.47B | 72.3B | 95.91B | 105.5B | 116.21B | 115.83B | 150.08B | 209.32B | 223.46B |
Total Debt | 65.18B | 64.61B | 50.7B | 68.38B | 75.64B | 80.98B | 81.2B | 101.67B | 145.99B | 153.24B |
Net Debt | 64.7B | 64.09B | 50.18B | 67.92B | 75.35B | 80.12B | 75.3B | 99.87B | 144.49B | 150.69B |
Debt / Equity | 0.99x | 0.88x | 0.95x | 1.06x | 1.19x | 1.28x | 1.26x | 1.48x | 1.61x | 1.60x |
Debt / EBITDA | 13.77x | 8.01x | 4.35x | 5.86x | 6.49x | 8.53x | 6.12x | 6.86x | 8.78x | 8.25x |
Net Debt / EBITDA | 13.67x | 7.95x | 4.31x | 5.82x | 6.46x | 8.44x | 5.68x | 6.74x | 8.69x | 8.11x |
Interest Coverage | 1.20x | 2.26x | 4.84x | 3.49x | 3.86x | 2.41x | 3.07x | 2.66x | 2.96x | 7.85x |
Total Equity | 65.73B▲ 0% | 73.44B▲ 11.7% | 53.52B▼ 27.1% | 64.36B▲ 20.3% | 63.37B▼ 1.5% | 63.4B▲ 0.0% | 64.48B▲ 1.7% | 68.89B▲ 6.8% | 90.46B▲ 31.3% | 95.83B▲ 0% |
Equity Growth % | 199.29% | 11.72% | -27.11% | 20.25% | -1.55% | 0.05% | 1.71% | 6.84% | 31.3% | 34.87% |
Book Value per Share | 42.91 | 42.52 | 26.50 | 31.85 | 31.29 | 31.25 | 31.33 | 31.92 | 41.38 | 43.69 |
Total Shareholders' Equity | 58.13B | 69.47B | 50.93B | 61.37B | 60.83B | 59.89B | 61.45B | 65.9B | 85.53B | 90.9B |
Common Stock | 50.74B | 64.68B | 49.93B | 64.77B | 64.8B | 64.76B | 69.18B | 71.74B | 98.62B | 100.66B |
Retained Earnings | -2.47B | -5.54B | -4.87B | -9.99B | -10.99B | -15.49B | -17.11B | -20.05B | -29.2B | -27.44B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -973M | 2.67B | -249.08M | -1.43B | -1.1B | 3.52B | 2.3B | 7.12B | 6.42B | 7.91B |
Minority Interest | 7.6B | 3.96B | 2.59B | 3B | 2.54B | 3.51B | 3.03B | 2.99B | 4.93B | 4.92B |
ENB Cash Flow Statement
Enbridge Inc. (ENB) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 6.58B | 10.5B | 9.4B | 9.78B | 9.26B | 11.23B | 14.2B | 12.6B | 16.84B | 13.89B |
Operating CF Margin % | 14.84% | 22.64% | 18.77% | 25.02% | 19.66% | 21.07% | 32.53% | 23.56% | 25.82% | - |
Operating CF Growth % | 26.35% | 59.51% | -10.51% | 4.08% | -5.37% | 21.33% | 26.46% | -11.27% | 33.62% | 35.67% |
Net Income | 3.27B | 3.33B | 5.71B | 3.42B | 6.31B | 2.94B | 6.06B | 5.63B | 16.19B | 7.57B |
Depreciation & Amortization | 3.16B | 3.25B | 3.39B | 3.71B | 3.85B | 4.32B | 4.61B | 5.17B | 7.77B | 7.31B |
Stock-Based Compensation | 165M | 0 | 0 | 145M | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes | -2.88B | -148M | 1.16B | 447M | 1.09B | 957M | 1.42B | 719M | 1.41B | 1.18B |
Other Non-Cash Items | 3.29B | 3.16B | -595M | 1.97B | -535M | 3.03B | -201M | 1.22B | -6.6B | 10.42B |
Working Capital Changes | -427M | 915M | -259M | 93M | -1.47B | -12M | 2.31B | -133M | -1.93B | -1.43B |
Change in Receivables | -759M | 911M | -653M | 1.55B | -1.07B | -555M | 1.14B | -1.66B | -711.56M | 0 |
Change in Inventory | -289M | 164M | -24M | -254M | -118M | -599M | 763M | 177M | -227.59M | 0 |
Change in Payables | 224M | -273M | 151M | -769M | 704M | 601M | -1.61B | 1.38B | 525.1M | 0 |
Cash from Investing | -11B | -1.63B | -4.66B | -5.18B | -10.66B | -5.27B | -6.04B | -20.36B | -14.41B | -14.11B |
Capital Expenditures | -8.86B | -7.35B | -5.69B | -5.62B | -8.09B | -4.82B | -4.88B | -6.93B | -12.31B | -12.63B |
CapEx % of Revenue | 19.97% | 15.84% | 11.37% | 14.38% | 17.19% | 9.04% | 11.17% | 12.96% | 18.89% | 16.2% |
Acquisitions | 657M | 5.83B | 2.12B | -24M | -3.79B | -306M | -954M | -10.75B | 0 | -645.31M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 712M | 1.19B | 2.19B | -4.67B | 1.86B | 898M | 1.06B | -2.69B | -2.58B | -886.1M |
Cash from Financing | 3.48B | -7.5B | -4.75B | -4.77B | 1.24B | -5.43B | -2.86B | 3.54B | -3.29B | 21.21M |
Debt Issued (Net) | 3.9B | -3.58B | 2.21B | 2.53B | 9.12B | 2.5B | 876M | 9.69B | 8.15B | 2.59B |
Equity Issued (Net) | 2.04B | -189M | -282M | 5M | -410M | -1.15B | 4.33B | 2.48B | 38.39M | -7.2M |
Dividends Paid | -3.08B | -3.84B | -6.36B | -6.94B | -7.13B | -7.31B | -7.63B | -8.26B | -11.84B | -10.34B |
Share Repurchases | 0 | -210M | -300M | 0 | 0 | -151M | -125M | 0 | 0 | 0 |
Other Financing | 617M | -1.27B | -313M | -367M | -343M | 532M | -437M | -369M | 362.01M | 7.78B |
Net Change in Cash | -1.01B▲ 0% | 50M▲ 104.9% | 39M▼ 22.0% | -186M▼ 576.9% | -170M▲ 8.6% | 587M▲ 445.3% | 5.08B▲ 765.1% | -3.98B▼ 178.5% | -933.05M▲ 76.6% | 227.04M▲ 0% |
Free Cash Flow | -2.28B▲ 0% | 3.16B▲ 238.4% | 3.71B▲ 17.4% | 4.16B▲ 12.3% | 1.16B▼ 72.0% | 6.41B▲ 451.1% | 9.32B▲ 45.5% | 5.67B▼ 39.2% | 4.52B▼ 20.2% | 2.03B▲ 0% |
FCF Margin % | -5.14% | 6.8% | 7.4% | 10.65% | 2.47% | 12.02% | 21.36% | 10.6% | 6.94% | 2.61% |
FCF Growth % | -5081.82% | 238.42% | 17.43% | 12.28% | -72.05% | 451.07% | 45.5% | -39.2% | -20.21% | -61.37% |
FCF per Share | -1.49 | 1.83 | 1.83 | 2.06 | 0.57 | 3.16 | 4.53 | 2.63 | 2.07 | 0.93 |
FCF Conversion (FCF/Net Income) | 2.30x | 3.64x | 1.65x | 2.91x | 1.50x | 3.74x | 2.29x | 2.32x | 2.25x | 0.27x |
Interest Paid | 2.67B | 2.51B | 2.74B | 2.54B | 2.43B | 2.92B | 3.38B | 4.13B | 4.92B | 0 |
Taxes Paid | 172M | 277M | 571M | 524M | 489M | 495M | 578M | 861M | 1.21B | 0 |
ENB Key Ratios
Enbridge Inc. (ENB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 6.52% | 4.14% | 8.99% | 5.71% | 9.69% | 4.74% | 9.68% | 8.16% | 9.4% | 9.96% |
Return on Invested Capital (ROIC) | 1.23% | 2.7% | 5.14% | 5.06% | 4.32% | 2.75% | 4.58% | 4.69% | 4.07% | 4.81% |
Gross Margin | 28.34% | 29.61% | 31.3% | 37.62% | 30.84% | 30.77% | 40.48% | 36.03% | 32.97% | 30.76% |
Net Margin | 6.44% | 6.21% | 11.39% | 8.6% | 13.15% | 5.63% | 14.18% | 10.18% | 11.49% | 9.71% |
Debt / Equity | 0.99x | 0.88x | 0.95x | 1.06x | 1.19x | 1.28x | 1.26x | 1.48x | 1.61x | 1.60x |
Interest Coverage | 1.20x | 2.26x | 4.84x | 3.49x | 3.86x | 2.41x | 3.07x | 2.66x | 2.96x | 7.85x |
FCF Conversion | 2.30x | 3.64x | 1.65x | 2.91x | 1.50x | 3.74x | 2.29x | 2.32x | 2.25x | 0.27x |
Revenue Growth | 28.41% | 4.51% | 7.96% | -21.93% | 20.43% | 13.25% | -18.12% | 22.51% | 21.92% | 27.95% |
Related:ENB Dividend History·ENB Revenue History·ENB Price History·ENB P/E History·ENB Financial Ratios·ENB Institutional Holders
ENB SEC Filings & Documents
Enbridge Inc. (ENB) SEC filings — annual & quarterly reports (10-K, 10-Q)
ENB Frequently Asked Questions
Enbridge Inc. (ENB) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Enbridge Inc. (ENB) reported $77.97B in revenue for fiscal year 2025. This represents a 3072% increase from $2.46B in 1996.
Enbridge Inc. (ENB) grew revenue by 21.9% over the past year. This is strong growth.
Yes, Enbridge Inc. (ENB) is profitable, generating $7.57B in net income for fiscal year 2025 (11.5% net margin).
Dividend & Returns
Yes, Enbridge Inc. (ENB) pays a dividend with a yield of 6.70%. This makes it attractive for income-focused investors.
Enbridge Inc. (ENB) has a return on equity (ROE) of 9.4%. This is below average, suggesting room for improvement.
Enbridge Inc. (ENB) generated $2.03B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.