Enbridge Financials

ENB Stock  CAD 69.95  0.70  1.01%   
Financial data analysis helps to check if markets are presently mispricing Enbridge. We have analyzed fourty available fundamental indicators for Enbridge, which can be compared to its peers. The stock experiences a large bullish trend. Check odds of Enbridge to be traded at C$76.95 in 90 days.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Enbridge Balance Sheet Chart

At this time, Enbridge's Net Debt is very stable compared to the past year. As of the 12th of February 2026, Cash is likely to grow to about 2.2 B, though Retained Earnings are likely to grow to (17.1 B).
Key indicators impacting Enbridge's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.110.12
Significantly Down
Slightly volatile
Return On Assets0.03940.0286
Significantly Up
Slightly volatile
Return On Equity0.140.0949
Way Up
Pretty Stable
Debt Equity Ratio2.181.77
Fairly Up
Pretty Stable
Operating Income12.1 B11.5 B
Sufficiently Up
Slightly volatile
Current Ratio1.050.64
Way Up
Pretty Stable
  
Understanding current and past Enbridge Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Enbridge's financial statements are interrelated, with each one affecting the others. For example, an increase in Enbridge's assets may result in an increase in income on the income statement.

Enbridge Stock Summary

Enbridge competes with TC Energy, Canadian Natural, Imperial Oil, Pembina Pipeline, and Suncor Energy. The company operates through five segments Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. ENBRIDGE INC operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 10900 people.
Foreign Associate
  USA
Specialization
Energy, Oil & Gas Midstream
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA29250N1050
Business Address200, Fifth Avenue
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.enbridge.com
Phone403 231 3900
CurrencyCAD - Canadian Dollar
You should never invest in Enbridge without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Enbridge Stock, because this is throwing your money away. Analyzing the key information contained in Enbridge's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Enbridge Key Financial Ratios

Enbridge's financial ratios allow both analysts and investors to convert raw data from Enbridge's financial statements into concise, actionable information that can be used to evaluate the performance of Enbridge over time and compare it to other companies across industries.

Enbridge Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets168.9B179.6B180.3B219.0B251.8B264.4B
Other Current Liab6.0B6.9B4.7B6.5B7.4B7.8B
Net Debt75.4B80.1B75.3B99.9B114.8B120.6B
Retained Earnings(11.0B)(15.5B)(17.1B)(20.0B)(18.0B)(17.1B)
Cash286M861M5.9B1.8B2.1B2.2B
Net Receivables6.2B7.4B4.8B7.4B8.5B8.9B
Inventory1.7B2.3B1.5B1.5B1.7B931.9M
Other Current Assets259M604M2.2B2.5B2.9B3.0B
Total Liab105.5B116.2B115.8B150.1B172.6B181.2B
Total Current Assets9.0B12.1B14.4B13.2B15.1B15.9B
Short Term Debt7.7B8.0B6.5B8.3B9.5B10.0B
Accounts Payable4.6B5.3B4.3B7.1B8.1B8.5B
Intangible Assets4.0B4.0B3.5B4.6B5.3B5.5B
Other Assets9.0B9.9B8.4B12.0B13.8B14.5B
Good Will32.8B32.4B31.8B36.6B42.1B44.2B
Common Stock64.8B64.8B69.2B71.7B82.5B86.6B
Other Liab17.2B18.1B18.6B22.3B25.6B16.2B
Net Tangible Assets23.0B18.9B16.3B16.6B19.1B16.6B
Long Term Debt68.0B72.9B74.7B93.4B107.4B62.8B
Short Long Term Debt7.7B8.0B6.5B8.3B7.4B5.6B
Long Term Debt Total68.0B73.0B74.7B93.4B107.4B69.2B

Enbridge Key Income Statement Accounts

202120222023202420252026 (projected)
Interest Expense2.4B3.0B3.8B4.5B5.2B5.4B
Total Revenue46.8B53.4B42.9B53.6B61.6B64.7B
Gross Profit14.1B16.6B17.0B19.4B22.3B23.4B
Operating Income7.4B8.4B8.5B10.0B11.5B12.1B
Ebit8.4B5.5B11.7B11.8B13.5B14.2B
Ebitda12.3B9.9B16.3B16.9B19.5B20.5B
Cost Of Revenue32.7B36.8B25.9B34.2B39.3B41.3B
Income Before Tax7.7B4.5B7.9B7.3B8.4B8.8B
Net Income6.2B3.0B6.2B5.4B6.3B6.6B
Income Tax Expense1.4B1.6B1.8B1.7B1.9B2.0B
Minority Interest(125M)65M133M(190M)(171M)(162.5M)
Tax Provision1.4B1.6B1.8B1.7B1.9B977.8M
Interest Income608M2.2B1.4B3.0B3.4B3.6B
Net Interest Income(2.7B)(3.2B)(3.8B)(4.4B)(4.0B)(4.2B)

Enbridge Key Cash Accounts

202120222023202420252026 (projected)
Change To Inventory(118M)(599M)763M177M203.6M213.7M
Change In Cash(170M)587M5.1B(4.0B)(4.6B)(4.4B)
Free Cash Flow2.0B6.4B9.3B5.7B6.5B6.8B
Depreciation3.9B4.3B4.6B5.2B5.9B6.2B
Other Non Cash Items148M2.8B(201M)1.2B1.4B1.5B
Dividends Paid(7.1B)(7.3B)(7.6B)(8.3B)(7.4B)(7.1B)
Capital Expenditures7.8B4.8B4.9B6.9B8.0B8.4B
Net Income6.3B2.9B6.1B5.6B6.5B6.8B
End Period Cash Flow320M907M6.0B2B2.3B2.4B
Investments(107M)(5.3B)(5.6B)(20.4B)(18.3B)(17.4B)
Net Borrowings9.1B2.5B876M9.7B11.1B11.7B
Change To Netincome561M2.6B831M3.9B4.5B4.7B

Enbridge Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Enbridge's current stock value. Our valuation model uses many indicators to compare Enbridge value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Enbridge competition to find correlations between indicators driving Enbridge's intrinsic value. More Info.
Enbridge is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Enbridge is roughly  2.69 . At this time, Enbridge's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Enbridge by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Enbridge's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Enbridge Total Assets Over Time

Most indicators from Enbridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enbridge current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.At this time, Enbridge's Selling General Administrative is very stable compared to the past year. As of the 12th of February 2026, Issuance Of Capital Stock is likely to grow to about 3 B, while Discontinued Operations is likely to drop about 27.5 M.
 2023 2024 2025 2026 (projected)
Gross Profit17.0B19.4B22.3B23.4B
Total Revenue42.9B53.6B61.6B64.7B

Enbridge fundamental ratios Correlations

0.990.660.960.960.990.99-0.910.321.00.980.320.910.970.990.660.61-0.410.990.970.90.930.960.960.880.94
0.990.680.980.921.01.0-0.920.370.990.980.370.910.951.00.640.67-0.381.00.990.920.950.950.970.890.9
0.660.680.740.560.710.69-0.490.130.650.650.130.750.570.680.660.51-0.110.690.670.730.670.510.630.550.49
0.960.980.740.880.980.98-0.880.350.960.950.350.940.910.980.660.69-0.350.980.980.940.980.940.960.90.84
0.960.920.560.880.930.93-0.860.230.970.940.230.850.970.920.670.45-0.480.910.890.780.840.920.880.820.98
0.991.00.710.980.931.0-0.90.350.990.970.350.920.940.990.660.66-0.351.00.980.920.940.950.950.880.9
0.991.00.690.980.931.0-0.910.330.990.980.330.920.951.00.650.65-0.381.00.990.910.950.960.970.890.9
-0.91-0.92-0.49-0.88-0.86-0.9-0.91-0.44-0.9-0.92-0.44-0.73-0.93-0.91-0.61-0.570.55-0.91-0.93-0.83-0.9-0.88-0.91-0.78-0.86
0.320.370.130.350.230.350.33-0.440.30.281.00.190.290.370.160.58-0.10.370.410.610.370.270.340.320.18
1.00.990.650.960.970.990.99-0.90.30.980.30.910.970.990.660.59-0.410.990.970.880.920.960.950.880.95
0.980.980.650.950.940.970.98-0.920.280.980.280.890.970.970.630.6-0.510.970.970.860.920.940.950.870.93
0.320.370.130.350.230.350.33-0.441.00.30.280.190.290.370.160.58-0.10.370.410.610.370.270.340.320.18
0.910.910.750.940.850.920.92-0.730.190.910.890.190.840.910.720.53-0.210.910.890.870.90.90.90.860.81
0.970.950.570.910.970.940.95-0.930.290.970.970.290.840.940.630.5-0.560.940.940.820.890.920.920.810.97
0.991.00.680.980.920.991.0-0.910.370.990.970.370.910.940.620.68-0.361.00.990.920.940.950.970.890.89
0.660.640.660.660.670.660.65-0.610.160.660.630.160.720.630.620.16-0.110.630.620.650.680.580.640.530.62
0.610.670.510.690.450.660.65-0.570.580.590.60.580.530.50.680.16-0.150.690.690.760.610.560.580.670.37
-0.41-0.38-0.11-0.35-0.48-0.35-0.380.55-0.1-0.41-0.51-0.1-0.21-0.56-0.36-0.11-0.15-0.36-0.41-0.25-0.38-0.36-0.37-0.35-0.53
0.991.00.690.980.911.01.0-0.910.370.990.970.370.910.941.00.630.69-0.360.990.930.950.950.970.890.89
0.970.990.670.980.890.980.99-0.930.410.970.970.410.890.940.990.620.69-0.410.990.930.960.940.980.90.87
0.90.920.730.940.780.920.91-0.830.610.880.860.610.870.820.920.650.76-0.250.930.930.910.840.90.860.73
0.930.950.670.980.840.940.95-0.90.370.920.920.370.90.890.940.680.61-0.380.950.960.910.920.960.890.81
0.960.950.510.940.920.950.96-0.880.270.960.940.270.90.920.950.580.56-0.360.950.940.840.920.940.90.91
0.960.970.630.960.880.950.97-0.910.340.950.950.340.90.920.970.640.58-0.370.970.980.90.960.940.910.88
0.880.890.550.90.820.880.89-0.780.320.880.870.320.860.810.890.530.67-0.350.890.90.860.890.90.910.79
0.940.90.490.840.980.90.9-0.860.180.950.930.180.810.970.890.620.37-0.530.890.870.730.810.910.880.79
Click cells to compare fundamentals

Enbridge Account Relationship Matchups

Enbridge fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets168.9B179.6B180.3B219.0B251.8B264.4B
Other Current Liab6.0B6.9B4.7B6.5B7.4B7.8B
Net Debt75.4B80.1B75.3B99.9B114.8B120.6B
Retained Earnings(11.0B)(15.5B)(17.1B)(20.0B)(18.0B)(17.1B)
Cash286M861M5.9B1.8B2.1B2.2B
Net Receivables6.2B7.4B4.8B7.4B8.5B8.9B
Inventory1.7B2.3B1.5B1.5B1.7B931.9M
Other Current Assets259M604M2.2B2.5B2.9B3.0B
Total Liab105.5B116.2B115.8B150.1B172.6B181.2B
Total Current Assets9.0B12.1B14.4B13.2B15.1B15.9B
Short Term Debt7.7B8.0B6.5B8.3B9.5B10.0B
Accounts Payable4.6B5.3B4.3B7.1B8.1B8.5B
Intangible Assets4.0B4.0B3.5B4.6B5.3B5.5B
Other Assets9.0B9.9B8.4B12.0B13.8B14.5B
Good Will32.8B32.4B31.8B36.6B42.1B44.2B
Common Stock64.8B64.8B69.2B71.7B82.5B86.6B
Other Liab17.2B18.1B18.6B22.3B25.6B16.2B
Net Tangible Assets23.0B18.9B16.3B16.6B19.1B16.6B
Long Term Debt68.0B72.9B74.7B93.4B107.4B62.8B
Short Long Term Debt7.7B8.0B6.5B8.3B7.4B5.6B
Long Term Debt Total68.0B73.0B74.7B93.4B107.4B69.2B
Today, most investors in Enbridge Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Enbridge's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Enbridge growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.17)

At this time, Enbridge's Price Earnings To Growth Ratio is very stable compared to the past year.

Enbridge February 12, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Enbridge help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Enbridge. We use our internally-developed statistical techniques to arrive at the intrinsic value of Enbridge based on widely used predictive technical indicators. In general, we focus on analyzing Enbridge Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Enbridge's daily price indicators and compare them against related drivers.
When determining whether Enbridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enbridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enbridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enbridge Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
It's important to distinguish between Enbridge's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Enbridge should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Enbridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.