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.

Symbol
ENB
Exchange
NYSE
Sector
Energy
Industry
Oil & Gas Midstream
52 week range
45.03 - 58.45

Valuation

Share price
$47.85 (close of 2026-09-23)
P/E (TTM)
25.95x
Price to book
2.16x
Price to free cash flow
88.34x

Price performance

PeriodChange
1 day-0.73%
5 days-1.05%
1 month-5.17%
3 months-14.16%
6 months-11.65%
Year to date+0.04%
1 year-3.53%
3 years+38.62%
5 years+19.39%
10 years+9.50%
All time+2765.27%

Profitability and growth

Return on equity
11.49%
Return on invested capital
5.29%
Return on assets
3.43%
Return on capital employed
5.55%
Gross margin
71.35%
Net margin
25.54%
EBITDA margin
56.66%
Revenue growth
13.29%
Net income growth
37.68%
Free cash flow growth
-44.01%

Cash flow and balance sheet

Free cash flow yield (TTM)
1.13%
Current ratio
0.72x
Net debt to EBITDA
-0.03x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Shares outstanding
2.18B

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3171.35%25.54%11.49%5.29%
2024-12-3173.69%21.02%7.90%4.72%
2023-12-3111.33%25.69%9.60%4.89%
2022-12-31-36.26%12.56%4.74%2.49%
2021-12-31-47.70%31.85%9.77%4.59%
2020-12-31-9.84%17.87%5.23%5.47%
2019-12-31-57.40%28.96%8.22%4.89%
2018-12-31-41.37%13.86%3.92%3.32%
2017-12-3135.47%6.44%4.35%1.21%
2016-12-3130.54%5.99%9.42%11.71%

Investor relations

Next earnings report

Next confirmed report
2026-11-06

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-31Jun/2026-
2026-05-08--
2026-02-13--
2025-11-07--
2025-08-01--
2025-05-09--
2025-02-14--
2025-02-07--

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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Price-to-earnings ratio · 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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