Financials · ENB

Enbridge Inc (ENB) financials

For the twelve months ended Jun 30, 2026, Enbridge Inc reported C$83.49B of revenue and C$6.13B of net income. Figures are in CAD, the currency of its SEC filings.

Revenue, TTM
C$83.49B
Revenue growth, YoY
+29.5%
Net income, TTM
C$6.13B
Net income growth, YoY
-7.6%
Net margin
7.3%
Free cash flow, TTM
C$1.67B
EPS, diluted, TTM
C$2.59
EPS growth, YoY
-9.1%
Cash
C$2.01B
Total debt
C$105.42B
Annual revenueC$65.19B
FY2016FY2025
Annual net incomeC$7.49B
FY2016FY2025
Annual free cash flowC$3.30B
FY2016FY2025

ENB revenue and earnings growth

ENB revenueQ2 2026C$29.32B

Quarter YoY
+97.1%
QoQ
+31.1%
FY YoY
+21.9%
5Y CAGR
+10.8%
10Y CAGR
+6.8%

ENB revenue was C$29.32B in fiscal Q2 2026 (ended Jun 30, 2026), up 97.1% from a year earlier and up 31.1% from the prior quarter. For the full fiscal 2025 it was C$65.19B, up 21.9% from fiscal 2024. Compound annual growth was +10.8% over 5 years and +6.8% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

ENB net incomeQ2 2026C$1.50B

Quarter YoY
-34.1%
QoQ
-15.6%
FY YoY
+37.7%
5Y CAGR
+17.4%
10Y CAGR
+40.4%

ENB net income was C$1.50B in fiscal Q2 2026 (ended Jun 30, 2026), down 34.1% from a year earlier and down 15.6% from the prior quarter. For the full fiscal 2025 it was C$7.49B, up 37.7% from fiscal 2024. Compound annual growth was +17.4% over 5 years and +40.4% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

ENB EPSQ2 2026C$0.64

Quarter YoY
-36.0%
QoQ
-15.8%
FY YoY
+37.6%
5Y CAGR
+16.8%

ENB diluted EPS was C$0.64 in fiscal Q2 2026 (ended Jun 30, 2026), down 36.0% from a year earlier and down 15.8% from the prior quarter. For the full fiscal 2025 it was C$3.22, up 37.6% from fiscal 2024. Compound annual growth was +16.8% over 5 years.

ENB free cash flowQ2 2026C$1.14B

Quarter YoY
-15.1%
FY YoY
-44.0%
5Y CAGR
-5.5%

ENB free cash flow was C$1.14B in fiscal Q2 2026 (ended Jun 30, 2026), down 15.1% from a year earlier. For the full fiscal 2025 it was C$3.30B, down 44.0% from fiscal 2024. Compound annual growth was -5.5% over 5 years. It rose in 4 of the last 7 fiscal years.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
RevenueC$65.19BC$53.47BC$43.65BC$53.31BC$47.07BC$39.09BC$50.07BC$46.38BC$44.38BC$34.56B
Cost of revenue--C$21.37BC$32.59BC$28.70BC$20.67BC$31.00BC$29.40BC$28.64BC$24.00B
Gross profit--C$22.28BC$20.72BC$18.37BC$18.42BC$19.07BC$16.98BC$15.74BC$10.55B
Selling, general and adminC$9.97BC$9.43BC$8.60BC$8.22BC$6.71BC$6.75BC$6.99BC$6.79BC$6.44BC$4.36B
Operating incomeC$10.96BC$9.65BC$8.65BC$5.18BC$7.80BC$7.96BC$8.26BC$4.82BC$1.57BC$2.58B
Interest expenseC$5.02BC$4.42BC$3.81BC$3.18BC$2.65BC$2.79BC$2.66BC$2.70BC$2.56BC$1.59B
Pre-tax incomeC$9.79BC$7.30BC$7.88BC$4.54BC$7.73BC$4.19BC$7.54BC$3.57BC$569.00MC$2.45B
Income taxC$2.00BC$1.67BC$1.82BC$1.60BC$1.42BC$774.00MC$1.71BC$237.00M-C$2.70BC$142.00M
Net incomeC$7.49BC$5.44BC$6.19BC$3.00BC$6.19BC$3.36BC$5.71BC$2.88BC$2.86BC$2.07B
EPS, basicC$3.23C$2.34C$2.84C$1.28C$2.87C$1.48C$2.64C$1.46C$1.66C$1.95
EPS, dilutedC$3.22C$2.34C$2.84C$1.28C$2.87C$1.48C$2.63C$1.46C$1.65C$1.93
Diluted shares2.19B2.16B2.06B2.03B2.02B2.02B2.02B1.73B1.53B918.0M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalentsC$1.09BC$2.00BC$5.99BC$907.00MC$320.00MC$490.00MC$676.00MC$637.00MC$587.00MC$1.56B
InventoryC$1.62BC$1.49BC$1.48BC$2.25BC$1.67BC$1.54BC$1.30BC$1.34BC$1.53BC$1.23B
Current assetsC$13.20BC$13.16BC$14.40BC$12.15BC$8.96BC$7.35BC$8.71BC$8.57BC$9.21BC$7.79B
GoodwillC$35.28BC$36.60BC$31.85BC$32.44BC$32.77BC$32.69BC$33.15BC$34.46BC$34.46BC$78.00M
Total assetsC$218.47BC$218.97BC$180.32BC$179.61BC$168.86BC$160.28BC$163.16BC$166.91BC$162.09BC$85.21B
Current liabilitiesC$21.00BC$23.81BC$17.43BC$20.30BC$18.23BC$13.98BC$15.90BC$14.86BC$14.62BC$12.34B
Short-term debtC$1.03BC$529.00MC$400.00MC$2.00BC$1.51BC$1.12BC$898.00MC$1.02BC$1.44BC$351.00M
Long-term debtC$98.96BC$93.41BC$74.72BC$72.94BC$67.96BC$62.82BC$59.66BC$60.33BC$60.87BC$36.49B
Total debtC$99.99BC$93.94BC$75.11BC$74.94BC$69.48BC$63.94BC$60.56BC$61.35BC$62.31BC$36.84B
Total liabilitiesC$152.55BC$150.08BC$115.83BC$116.21BC$105.50BC$95.91BC$93.75BC$93.47BC$92.29BC$59.85B
Shareholders' equityC$62.33BC$65.90BC$64.48BC$63.40BC$63.37BC$64.36BC$69.41BC$73.44BC$65.73BC$21.96B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flowC$12.27BC$12.60BC$14.20BC$11.23BC$9.26BC$9.78BC$9.40BC$10.50BC$6.66BC$5.21B
Capital expendituresC$8.97BC$6.71BC$4.65BC$4.65BC$7.82BC$5.41BC$5.49BC$6.81BC$8.29BC$5.13B
Free cash flowC$3.30BC$5.89BC$9.55BC$6.58BC$1.44BC$4.38BC$3.91BC$3.70B-C$1.63BC$77.00M
Investing cash flow-C$10.50B-C$20.36B-C$6.04B-C$5.27B-C$10.66B-C$5.18B-C$4.66B-C$3.02B-C$11.04B-C$5.15B
Financing cash flow-C$2.40BC$3.54B-C$2.86B-C$5.43BC$1.24B-C$4.77B-C$4.75B-C$7.50BC$3.48BC$840.00M
Dividends paidC$8.22BC$7.88BC$7.28BC$6.97BC$6.77BC$6.56BC$5.97BC$3.48BC$2.75BC$1.15B
Share repurchasesC$0C$0C$125.00MC$151.00MC$0C$0----
Depreciation and amortizationC$5.66BC$5.17BC$4.61BC$4.32BC$3.85BC$3.71BC$3.39BC$3.25BC$3.16BC$2.24B

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY21.9%22.5%-18.1%13.3%20.4%-21.9%8.0%4.5%28.4%2.3%
Net income growth, YoY37.7%-12.1%106.2%-51.5%84.0%-41.1%98.0%0.8%38.2%724.3%
EPS growth, YoY37.6%-17.6%121.9%-55.4%93.9%-43.7%80.1%-11.5%--
Gross margin--51.1%38.9%39.0%47.1%38.1%36.6%35.5%30.5%
Operating margin16.8%18.0%19.8%9.7%16.6%20.4%16.5%10.4%3.5%7.5%
Net margin11.5%10.2%14.2%5.6%13.1%8.6%11.4%6.2%6.4%6.0%
Free cash flow margin5.1%11.0%21.9%12.3%3.1%11.2%7.8%8.0%-3.7%0.2%
Return on equity12.0%8.3%9.6%4.7%9.8%5.2%8.2%3.9%4.3%9.4%
Return on assets3.4%2.5%3.4%1.7%3.7%2.1%3.5%1.7%1.8%2.4%
Current ratio0.630.550.830.600.490.530.550.580.630.63
Debt to equity1.601.431.161.181.100.990.870.840.951.68

Source: XBRL data Enbridge Inc files with the SEC, latest filing dated Jul 31, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ENB peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ENBC$83.49B+29.5%C$6.13B7.3%$102.40B
WMB$15.43B+10.1%$3.07B19.9%$162.73B
NGG£17.69B-3.8%£3.24B18.3%$87.30B
EPD$64.40B+21.5%$6.59B10.2%$79.86B
KMI$18.34B+11.7%$3.60B19.6%$66.73B
TRPC$15.24B+10.7%C$3.52B23.1%$61.92B
TRGP$18.19B+4.7%$2.45B13.5%$56.74B
MPLX$13.21B+3.1%$4.34B32.9%$56.64B
SRE$13.55B+1.6%$1.96B14.4%$51.12B

ENB FAQ

8 questions
  • What is ENB revenue?
    Enbridge Inc (ENB) reported C$83.49B of revenue for the twelve months ended Jun 30, 2026. That is up 29.5% from the year before. Revenue for fiscal 2025 was C$65.19B.
  • Is ENB profitable?
    Yes. Enbridge Inc earned C$6.13B in net income for the twelve months ended Jun 30, 2026, a net margin of 7.3%.
  • How much cash and debt does ENB have?
    Enbridge Inc reported C$2.01B in cash and cash equivalents and C$105.42B of debt on its most recent balance sheet in SEC filings.
  • How fast is ENB revenue growing?
    Enbridge Inc's revenue changed +21.9% in fiscal 2025, to C$65.19B. Its compound annual growth rate was +10.8% over 5 years and +6.8% over 10 years.
  • What is ENB free cash flow?
    Enbridge Inc generated C$1.67B of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of C$12.43B less capital expenditures.
  • What is ENB earnings per share?
    Diluted earnings per share were C$2.59 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did ENB last report financial results?
    The latest statements here come from Enbridge Inc's 10-Q filed on Jul 31, 2026, covering the period ended Jun 30, 2026.
  • Where does this ENB financial data come from?
    Quantisnow builds these statements from the structured XBRL data Enbridge Inc files with the SEC. It is provided for information only and is not investment advice.