Enbridge Inc (ENB)
Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in Canada and the United States. This segment also provides physical commodity marketing and logistical services, and crude oil marketing services. The Gas Transmission 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 activities in Quebec. The Renewable Power Generation segment operates wind, solar, geothermal, waste heat recovery, and transmission assets in North America. 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.
- Ticker
- ENB
- Exchange
- NYSE
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- 52-week range
- $45.03 - $58.45
Valuation
- Share price
- $46.89 (close of Nov 6, 2026)
- P/E (TTM)
- 22.92x
- Price to book
- 2.10x
- Price to free cash flow
- 386.55x
Price performance
| Period | Change |
|---|---|
| 1 day | -2.54% |
| 5 days | -5.20% |
| 1 month | +0.75% |
| 3 months | -9.30% |
| 6 months | -13.49% |
| Year to date | -1.97% |
| 1 year | +0.02% |
| 3 years | +38.52% |
| 5 years | +8.29% |
| 10 years | +13.87% |
| All time | +2,699.76% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 1.19%
- Shares short
- 25.86M
- Days to cover
- 6.17
- Change since prior report
- +10.68%
- Source
- FINRA consolidated short interest
Profitability and growth
- Return on equity
- 11.49%
- Return on invested capital
- 5.25%
- Return on assets
- 3.43%
- Return on capital employed
- 5.55%
- Gross margin
- 32.10%
- Net margin
- 11.49%
- EBITDA margin
- 25.49%
- Revenue growth
- 21.92%
- Net income growth
- 37.68%
- Free cash flow growth
- -44.01%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 0.26%
- Current ratio
- 0.81x
- Net debt to EBITDA
- 5.63x
Latest reported year
- Period end
- Dec 31, 2025
- Fiscal year
- 2025
- Shares outstanding
- 2.18B
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2025-12-31 | 32.10% | 11.49% | 11.49% | 5.25% |
| 2024-12-31 | 35.67% | 10.18% | 7.90% | 4.67% |
| 2023-12-31 | 39.52% | 14.18% | 9.60% | 4.69% |
| 2022-12-31 | 25.13% | 5.63% | 4.74% | 2.48% |
| 2021-12-31 | 30.84% | 13.15% | 9.77% | 4.58% |
| 2020-12-31 | 37.62% | 8.60% | 5.23% | 5.46% |
| 2019-12-31 | 30.46% | 11.39% | 8.22% | 4.86% |
| 2018-12-31 | 25.03% | 6.21% | 3.92% | 3.31% |
| 2017-12-31 | 18.06% | 6.44% | 4.35% | 1.21% |
| 2016-12-31 | 20.08% | 5.99% | 9.42% | 4.15% |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-11-06 | Sep 2026 | - |
| 2026-07-31 | Jun 2026 | - |
| 2026-05-08 | Mar 2026 | - |
| 2026-02-13 | Dec 2025 | - |
| 2025-11-07 | Sep 2025 | - |
| 2025-08-01 | Jun 2025 | - |
| 2025-05-09 | Mar 2025 | - |
| 2025-02-14 | Dec 2024 | - |
Filings and sources
- Company website
- enbridge.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
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