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Enbridge ENB

US equityMarket cap rank #145Oil & Gas Midstream
$47.47
−$0.39 (-0.80%)
Market open · Sep 24, 2:00 pm ET
After hours $48.00 +0.31%
Open$47.88
Prev close$47.85
Day range$47.38 – $47.99
Volume2.04M
Market cap$105.79B
P/E (TTM)25.7
Dividend yield5.68%

Earnings

Average move on report day±1.6%last 16 reports
Closed higher11 of 1669% of the time
Best reaction+3.9%
Worst reaction-3.8%

Stock move on the day after each report

+1.0%2023/Q3-0.3%2023/Q4+1.2%2024/Q1+1.0%2024/Q2+0.0%2024/Q3-3.8%2024/Q4+0.7%2025/Q1+2.0%2025/Q2+1.8%2025/Q3+3.9%2025/Q4-0.7%2026/Q1-1.8%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q231 Jul 2026Pre Market±1.8%-1.75%Within range
2026/Q18 May 2026Pre Market±1.7%-0.74%Within range
2025/Q413 Feb 2026Pre Market±2.0%+3.94%Bigger than priced
2025/Q37 Nov 2025Pre Market±1.3%+1.77%Bigger than priced
2025/Q21 Aug 2025Pre Market±2.4%+2.01%Within range
2025/Q19 May 2025Pre Market±3.0%+0.70%Within range
2024/Q414 Feb 2025Pre Market±2.3%-3.83%Bigger than priced
2024/Q31 Nov 2024Pre Market±2.7%+0.05%Within range
2024/Q22 Aug 2024Pre Market±1.9%+0.96%Within range
2024/Q110 May 2024Pre Market±1.8%+1.18%Within range
2023/Q49 Feb 2024Pre Market±2.0%-0.35%Within range
2023/Q33 Nov 2023Pre Market±2.5%+0.95%Within range
2023/Q24 Aug 2023Pre Market±2.8%-0.14%Within range
2023/Q15 May 2023Pre Market±2.1%+1.63%Within range
2022/Q410 Feb 2023Pre Market±2.3%+3.26%Bigger than priced
2022/Q34 Nov 2022Pre Market±2.5%+3.05%Bigger than priced

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Liquids PipelinesC$25.22B 86.0%
  • Gas Distribution and StorageC$2.08B 7.1%
  • Gas TransmissionC$1.72B 5.9%
  • Renewable power generationC$164.00M 0.6%
  • Eliminations and otherC$132.00M 0.5%

Latest reported quarter: Q2, ended Jun 2026 · reported in CAD

RevenueC$29.32B+97.1% YoY
Operating profitC$2.91B+11.1% YoY
Net profitC$1.57B-32.4% YoY
Diluted EPSC$0.64-36.0% YoY
Free cash flowC$1.08B-15.5% YoY
Operating cash flowC$4.11B

Revenue, last 8 quarters

C$14.9BSep '24C$16.2BDec '24C$18.5BMar '25C$14.9BJun '25C$14.6BSep '25C$17.2BDec '25C$22.4BMar '26C$29.3BJun '26

Net profit, last 8 quarters

C$1.4BSep '24C$618.0MDec '24C$2.5BMar '25C$2.3BJun '25C$847.0MSep '25C$2.1BDec '25C$1.8BMar '26C$1.6BJun '26

Profitability & balance sheet

Gross margin25.7%
Operating margin13.6%
Net margin6.8%
Return on equity9.7%
Return on assets2.6%
Return on invested capital5.9%
Current ratio0.72
Liabilities / assets70.6%
Cash & investmentsC$2.01B
Total debtC$112.13B
Net cash (debt)-C$110.12B
Free cash flow / sales1.8%
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