Enbridge
ENB
45.89
-0.65
-1.40%
Enbridge
US · ENB
#202 by market cap
Listed 1970
45.89
-0.65
-1.40%
Live - 5344 symbols - heartbeat 6s ago
· 2026-10-08 08:27
Pre-market
46.14
+0.54%
After-hours
45.95
+0.13%
Overnight
46.06
+0.37%
- Market cap
- 102.28B
- P/E (TTM)i
- 25.16
- P/Bi
- 2.49
- EPSi
- 2.27
- Div yieldi
- 5.87%
- 52W posi
- 33%
Reader sentiment
Are you bullish or bearish on ENB?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.69, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +21.92% YoY
Margins
- Gross margin
- 32.97%
- Operating margin
- 17.68%
- Net margin
- 10.85%
Key ratios & quality
- Enterprise valuei
- 206.44B
- PEG ratioi
- 0.71
- Altman Z-Scorei
- 0.69
PEG uses trailing P/E against the 3-year net income growth rate (35.62%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 46.38B | 50.07B | 39.09B | 47.07B | 53.31B | 43.65B | 53.47B | 65.19B |
| Gross profit | 13.73B | 15.67B | 14.71B | 14.52B | 16.40B | 17.67B | 19.27B | 21.50B |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 6.94B | 8.68B | 7.96B | 7.81B | 8.18B | 9.07B | 9.84B | 11.53B |
| Pretax profit | 3.57B | 7.54B | 4.19B | 7.73B | 4.54B | 7.88B | 7.30B | 9.79B |
| Tax | 237.00M | 1.71B | 774.00M | 1.42B | 1.60B | 1.82B | 1.67B | 2.00B |
| Net profit | 3.33B | 5.83B | 3.42B | 6.31B | 2.94B | 6.06B | 5.63B | 7.79B |
| Basic EPS | 1 | 3 | 1 | 3 | 1 | 3 | 2 | 3 |
| Diluted EPS | 1.46 | 2.63 | 1.48 | 2.87 | 1.28 | 2.84 | 2.34 | 3.22 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 18.50B | 14.88B | 14.64B | 17.18B | 22.36B | 29.32B |
| Gross profit | 6.14B | 4.93B | 4.75B | 5.67B | 5.79B | 5.27B |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 3.67B | 2.62B | 2.27B | 2.97B | 3.23B | 2.91B |
| Pretax profit | 3.19B | 2.99B | 1.16B | 2.46B | 2.37B | 2.01B |
| Tax | 697.00M | 666.00M | 316.00M | 325.00M | 587.00M | 442.00M |
| Net profit | 2.49B | 2.32B | 847.00M | 2.13B | 1.78B | 1.57B |
| Basic EPS | 1 | 1 | 0 | 1 | 1 | 1 |
| Diluted EPS | 1.03 | 1.00 | 0.30 | 0.89 | 0.76 | 0.64 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 8.57B | 8.71B | 7.35B | 8.96B | 12.15B | 14.40B | 13.16B | 13.20B |
| Cash & ST investments | 518.00M | 648.00M | 452.00M | 286.00M | 861.00M | 5.90B | 1.80B | 1.09B |
| Inventory | 1.34B | 1.30B | 1.54B | 1.67B | 2.26B | 1.48B | 1.49B | 1.62B |
| Total assets | 166.91B | 163.16B | 160.28B | 168.86B | 179.61B | 180.32B | 218.97B | 218.48B |
| Total current liabilities | 14.86B | 15.90B | 13.98B | 18.23B | 20.30B | 17.44B | 23.81B | 21.00B |
| Short-term debt | 4.28B | 5.30B | 4.08B | 7.68B | 8.04B | 6.48B | 8.43B | 6.29B |
| Long-term debt | 60.33B | 59.66B | 62.82B | 67.96B | 72.94B | 74.72B | 93.41B | 98.96B |
| Total liabilities | 93,470,000,000.00 | 93,750,000,000.00 | 95,913,000,000.00 | 105,496,000,000.00 | 116,210,000,000.00 | 115,834,000,000.00 | 150,080,000,000.00 | 153,287,000,000.00 |
| Total equity | 73.44B | 69.41B | 64.36B | 63.37B | 63.40B | 64.48B | 68.89B | 65.19B |
| Retained earnings | -5.54B | -6.31B | -10.00B | -10.99B | -15.49B | -17.12B | -20.05B | -21.28B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 13.60B | 11.07B | 12.08B | 13.20B | 18.86B | 17.72B |
| Cash & ST investments | 2.09B | 1.20B | 1.41B | 1.09B | 1.64B | 2.01B |
| Inventory | 1.23B | 1.41B | 1.90B | 1.62B | 1.85B | 1.60B |
| Total assets | 220.05B | 211.59B | 216.97B | 218.48B | 228.20B | 231.65B |
| Total current liabilities | 18.63B | 14.81B | 15.04B | 21.00B | 23.31B | 24.58B |
| Short-term debt | 5.95B | 4.07B | 3.11B | 6.29B | 6.52B | 8.28B |
| Long-term debt | 97.16B | 96.98B | 100.60B | 98.96B | 103.01B | 103.85B |
| Total liabilities | 148,765,000,000.00 | 143,234,000,000.00 | 148,897,000,000.00 | 153,287,000,000.00 | 160,449,000,000.00 | 163,538,000,000.00 |
| Total equity | 71.28B | 68.36B | 68.08B | 65.19B | 67.75B | 68.11B |
| Retained earnings | -17.79B | -17.66B | -19.06B | -21.28B | -19.61B | -20.33B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 10.50B | 9.40B | 9.78B | 9.26B | 11.23B | 14.20B | 12.60B | 12.27B |
| Depreciation & amortization | 3.25B | 3.39B | 3.71B | 3.85B | 4.32B | 4.61B | 5.17B | 5.66B |
| Free cash flow | 3.16B | 3.71B | 4.16B | 1.16B | 6.41B | 9.33B | 5.67B | 3.11B |
| Dividends paid | -3.84B | -6.36B | -6.94B | -7.13B | -7.31B | -7.63B | -8.26B | -8.64B |
| Stock buybacks / issuance | 21.00M | 18.00M | 5.00M | 5.00M | -148.00M | 4.33B | 2.49B | 28.00M |
| Ending cash balance | 637.00M | 676.00M | 490.00M | 320.00M | 907.00M | 5.99B | 2.00B | 1.32B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 3.05B | 3.24B | 2.87B | 3.11B | 2.34B | 4.11B |
| Depreciation & amortization | 1.41B | 1.39B | 1.40B | 1.46B | 1.43B | 1.43B |
| Free cash flow | 1.27B | 1.27B | 456.00M | 105.00M | -173.00M | 1.08B |
| Dividends paid | -2.16B | -2.16B | -2.16B | -2.16B | -2.22B | -2.23B |
| Stock buybacks / issuance | 5.00M | 1.00M | 2.00M | 20.00M | 0 | 0 |
| Ending cash balance | 2.32B | 1.42B | 1.65B | 1.32B | 1.97B | 2.21B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 4.49 | 8.87 | 5.33 | 10.90 | 4.88 | 10.84 | 8.89 | 12.34 |
| ROA %i | 1.53 | 3.22 | 1.84 | 3.53 | 1.49 | 3.24 | 2.53 | 3.23 |
| ROIC %i | 4.27 | 5.96 | 4.35 | 6.44 | 3.56 | 6.53 | 5.70 | 6.87 |
| 5-year avg ROE %i | 7.56 | 6.85 | 7.98 | 7.49 | 6.89 | 8.16 | 8.17 | 9.57 |
| EBIT margin %i | 13.81 | 20.50 | 18.00 | 22.17 | 14.57 | 26.89 | 21.88 | 22.68 |
| FCF / sales %i | 6.81 | 7.40 | 10.65 | 2.47 | 12.02 | 21.36 | 10.60 | 4.76 |
| Current ratioi | 0.58 | 0.55 | 0.53 | 0.49 | 0.60 | 0.83 | 0.55 | 0.63 |
| Quick ratioi | 0.36 | 0.39 | 0.34 | 0.32 | 0.34 | 0.62 | 0.39 | 0.41 |
| Debt / assetsi | 38.71 | 39.82 | 41.74 | 44.79 | 45.09 | 45.03 | 46.51 | 48.18 |
| LT debt / equityi | 97.74 | 102.34 | 117.16 | 128.04 | 137.44 | 136.75 | 158.11 | 178.26 |
| Interest coveragei | 2.26 | 3.76 | 2.47 | 3.86 | 2.41 | 3.04 | 2.66 | 2.96 |
| Revenue CAGR (3Y) %i | 11.13 | 13.15 | -4.14 | 0.50 | 2.11 | 3.75 | 4.34 | 6.94 |
| Net income CAGR (3Y) %i | 125.60 | 40.23 | 5.56 | 29.02 | -19.26 | 22.56 | -4.20 | 35.62 |
| FCF CAGR (3Y) %i | -- | -- | -- | -28.31 | 20.03 | 30.86 | 69.56 | -21.46 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 9.92 | 10.46 | 9.57 | 12.34 | 10.84 | 9.73 |
| ROA %i | 2.87 | 3.02 | 2.66 | 3.23 | 2.89 | 2.57 |
| ROIC %i | 6.21 | 6.46 | 5.91 | 6.87 | 6.22 | 5.89 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 21.93 | 21.26 | 20.34 | 22.68 | 20.06 | 15.68 |
| FCF / sales %i | 8.23 | 7.56 | 6.31 | 4.76 | 2.41 | 1.75 |
| Current ratioi | 0.73 | 0.75 | 0.80 | 0.63 | 0.81 | 0.72 |
| Quick ratioi | 0.53 | 0.45 | 0.49 | 0.41 | 0.52 | 0.49 |
| Debt / assetsi | 46.86 | 47.76 | 47.80 | 48.18 | 48.00 | 48.41 |
| LT debt / equityi | 158.14 | 165.41 | 172.37 | 178.26 | 177.13 | 177.43 |
| Interest coveragei | 2.77 | 2.78 | 2.68 | 2.96 | 2.84 | 2.57 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Liquids Pipelines is the largest reported line at 86.03% of revenue, across 5 reported segments.
- The next-largest line, Gas Distribution and Storage, is a distant second at 7.10% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Liquids Pipelines86.03%
Gas Distribution and Storage7.10%
Gas Transmission5.87%
Renewable power generation0.56%
Eliminations and other0.45%
Quote time 2026-10-08 08:27:37 · For reference only, not investment advice and not tailored to your situation.