Enbridge, Inc (ENB) Financial Statements
Historical financial data — 34 statements covering FY2017–FY2025
Enbridge owns extensive midstream assets that transport hydrocarbons across the US and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natur...
Enbridge, Inc's revenue increased 21.9% year over year, from $53.47B to $65.19B.
Net income increased 37.7% over the same period, from $5.44B to $7.49B.
Over the 8-year period from FY2017 to FY2025, revenue grew by 47% in total.
Total debt increased by 6.4% to $99.99B.
The debt-to-equity ratio stands at 1.60, indicating a elevated leverage profile.
Operating cash flow declined 2.6% to $12.27B.
Enbridge, Inc maintains a healthy net profit margin of 11.5%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q2 FY2024 | $11.34B+2.7% | $1.94B | $5.85B | $2.27B | $2.81B | $201.26B | $85.38B | $67.23B |
| Q3 FY2024 | $14.88B+31.3% | $1.39B | $5.82B | $2.22B | $2.97B | $205.77B | $88.25B | $65.79B |
| Q4 FY2024 | $16.22B+9.0% | $595.0M | $6.72B | $2.45B | $3.66B | $218.97B | $93.94B | $65.90B |
| Q1 FY2025 | $18.50B+14.1% | $2.36B | $7.55B | $3.67B | $3.05B | $220.04B | $98.02B | $68.26B |
| Q2 FY2025 | $14.88B-19.6% | $2.28B | $6.32B | $2.29B | $3.24B | $211.59B | $97.89B | $65.45B |
| Q3 FY2025 | $14.64B-1.6% | $788.0M | $6.15B | $2.27B | $2.87B | $216.97B | $101.88B | $65.18B |
| Q4 FY2025 | $17.18B+17.3% | $2.06B | $7.13B | $2.73B | $3.11B | $218.47B | $99.99B | $62.33B |
| Q1 FY2026 | $22.36B+30.2% | $1.78B | $7.23B | $3.23B | $2.34B | $228.20B | $104.50B | $64.97B |
Balance Sheet Summary (Q1 FY2026)
Enbridge, Inc (ENB) Financial Statements & Revenue History
Enbridge, Inc (ENB) is a US-listed stock operating in the Industrials sector, specifically the Pipe Lines (No Natural Gas) industry trading at $48.18 with a market capitalization of $107. This page provides 34 historical financial statements for Enbridge, Inc, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Enbridge, Inc reported revenue of $65.2 billion, representing 21.9% year-over-year growth. The net profit margin of 11.5% indicates moderate profitability. The debt-to-equity ratio of 1.60 indicates elevated leverage.
ENB Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Enbridge, Inc's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether ENB is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track ENB's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Enbridge, Inc converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of ENB's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use ENB Financial Data
Investors use Enbridge, Inc's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare ENB's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how ENB's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View ENB's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Enbridge, Inc's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.ENB trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.