Enbridge Inc (ENB) Financial Statements

Enbridge Inc

ENB · NYSE

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$29.33B	$25.89B	$24.10B	$23.92B	$19.43B	$18.82B	$19.70B	$20.80B
Cost of Revenue	—	—	$21.37B	$32.59B	$28.70B	$20.67B	$31.00B	$29.40B
Selling, General & Administrative	$9.97B	$9.43B	$8.60B	$8.22B	$6.71B	$6.75B	$6.99B	$6.79B
Operating Expenses	$54.24B	$43.82B	$35.00B	$48.13B	$39.27B	$31.13B	$41.81B	$41.56B
Operating Income	$10.96B	$9.65B	$8.65B	$5.18B	$7.80B	$7.96B	$8.26B	$4.82B
Interest Expense	$5.02B	$4.42B	$3.81B	$3.18B	$2.65B	$2.79B	$2.66B	$2.70B
Other Income / (Expense)	$1.63B	-$1.33B	$1.22B	-$589.00M	$979.00M	$238.00M	$435.00M	-$52.00M
Income Before Taxes	$9.79B	$7.30B	$7.88B	$4.54B	$7.73B	$4.19B	$7.54B	$3.57B
Provision for Income Taxes	$2.00B	$1.67B	$1.82B	$1.60B	$1.42B	$774.00M	$1.71B	$237.00M
Net Income	$7.49B	$5.44B	$6.19B	$3.00B	$6.19B	$3.36B	$5.71B	$2.88B
Basic EPS	$3.23	$2.34	$2.84	$1.28	$2.87	$1.48	$2.64	$1.46
Diluted EPS	$3.22	$2.34	$2.84	$1.28	$2.87	$1.48	$2.63	$1.46
Basic Shares Outstanding	2.18B	2.15B	2.06B	2.02B	2.02B	2.02B	2.02B	1.72B
Diluted Shares Outstanding	2.19B	2.16B	2.06B	2.03B	2.02B	2.02B	2.02B	1.73B

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$2.12	$2.02	$2.20	6	↑0 ↓5
Dec 2027	$2.31	$2.07	$2.43	8	↑1 ↓4
Dec 2028	$2.54	$2.40	$2.75	6	↑1 ↓3
Dec 2029	$2.74	$2.71	$2.76	2	↑0 ↓2

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: ENB
Type: Stock
Sector: Energy
Industry: Natural Gas Distribution
Country: North America
Exchange: NYSE

At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We're advancing new technologies including hydrogen, renewable natural gas, and carbon capture and storage. Headquartered in Calgary, Alberta, Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To learn more, visit us at enbridge.com.

Key Issues

Bullish view

Enbridge has a $41 billion capital backlog, with rising LNG and power demand supporting growth and up to $50 billion of additional opportunities through 2030.

Bearish view

The $50 billion figure represents opportunities rather than an identified backlog, so the eventual timing, funding, and returns from that pipeline remain unproven.

Analyst Consensus

See all

Hold

20 analysts

$52

Current

—

Low

$57

Average

—

High

Average target implies +9.81% versus the current price.

Earnings History

BeatMissNo estimate

Peers

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