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ENBRIDGE INC ENB

NYSE · stock · Pipe Lines (No Natural Gas) · website · IPO 2001-10-30 · LEI

ENBRIDGE INC statistics & valuation

Profitability & efficiency

Net margin (%)
6.00% 6.40% 6.20% 11.40% 8.60% 13.10% 5.60% 14.20% 10.20% 11.50% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
7.50% 3.50% 10.40% 16.50% 20.40% 16.60% 9.70% 19.80% 18.00% 16.80% 2016201720182019202020212022202320242025
Return on equity (%)
9.40% 4.30% 3.90% 8.20% 5.20% 9.80% 4.70% 9.60% 7.90% 11.50% 2016201720182019202020212022202320242025
Shares outstanding
1.89B 1.70B 2.02B 2.02B 2.03B 2.03B 2.03B 2.12B 2.18B 2.19B 2016201720182019202020212022202320242025
Net debt ($)
$62.45B $62.45B $62.94B $64.91B $73.52B $77.88B $74.54B $100.02B $103.32B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.40% 1.80% 1.70% 3.50% 2.10% 3.70% 1.70% 3.40% 2.50% 3.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
0.20% -3.70% 8.00% 7.80% 11.20% 3.10% 12.30% 21.90% 11.00% 5.10% 2016201720182019202020212022202320242025
Debt / equity (×)
0.96× 0.86× 0.92× 1.02× 1.16× 1.24× 1.25× 1.48× 1.60× 2016201720182019202020212022202320242025
EPS ($)
$0.96 $1.65 $1.46 $2.63 $1.48 $2.87 $1.28 $2.84 $2.34 $3.22 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ENBRIDGE INC trades at about 16× earnings — below its 10-year norm (10-year range 12.5×–44.1×, median 22.2×).

12.5× 44.1×

Shaded band = 10-year range (12.5×–44.1×); dot = today's 16×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
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%
FCF margin5.1%11.0%21.9%12.3%3.1%11.2%7.8%8.0%-3.7%0.2%
Return on assets3.4%2.5%3.4%1.7%3.7%2.1%3.5%1.7%1.8%2.4%
Return on equity11.5%7.9%9.6%4.7%9.8%5.2%8.2%3.9%4.3%9.4%
Debt / equity1.60×1.48×1.25×1.24×1.16×1.02×0.92×0.86×0.96×—
Current ratio0.630.550.830.600.490.530.550.580.630.63

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.