Enbridge Inc. (ENB)
NYSE: ENB · Real-Time Price · USD
46.89
-1.22 (-2.54%)
At close: Nov 6, 2026, 4:00 PM EST
47.19
+0.30 (0.64%)
After-hours: Nov 6, 2026, 7:57 PM EST
Enbridge Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 21,077 | 29,318 | 22,357 | 17,177 | 14,639 | 14,876 | 18,502 | 16,217 | 14,882 | 11,336 | 11,038 | 11,298 | 9,844 | 10,432 | 12,075 | 13,424 | 11,573 | 13,215 | 15,097 | 12,520 | |
Revenue Growth (YoY) | 43.98% | 97.08% | 20.84% | 5.92% | -1.63% | 31.23% | 67.62% | 43.54% | 51.18% | 8.67% | -8.59% | -15.84% | -14.94% | -21.06% | -20.02% | 7.22% | 0.93% | 20.71% | 24.39% | 25.10% |
Cost of Revenue | 14,984 | 22,618 | 15,131 | 10,042 | 8,487 | 8,556 | 10,951 | 9,492 | 9,066 | 5,482 | 5,000 | 5,388 | 4,831 | 4,917 | 6,230 | 7,575 | 6,630 | 8,637 | 9,747 | 7,368 |
Gross Profit | 6,093 | 6,700 | 7,226 | 7,135 | 6,152 | 6,320 | 7,551 | 6,725 | 5,816 | 5,854 | 6,038 | 5,910 | 5,013 | 5,515 | 5,845 | 5,849 | 4,943 | 4,578 | 5,350 | 5,152 |
Selling, General & Admin | 2,390 | 2,292 | 2,499 | 2,627 | 2,412 | 2,238 | 2,399 | 2,649 | 2,237 | 2,260 | 2,093 | 2,446 | 2,021 | 1,994 | 2,004 | 2,198 | 2,030 | 1,935 | 1,817 | 1,810 |
Operating Expenses | 3,880 | 3,721 | 3,932 | 4,091 | 3,810 | 3,629 | 3,807 | 4,033 | 3,554 | 3,533 | 3,286 | 3,612 | 3,185 | 3,131 | 3,150 | 3,320 | 3,106 | 2,999 | 2,872 | 2,857 |
Operating Income | 2,213 | 2,979 | 3,294 | 3,044 | 2,342 | 2,691 | 3,744 | 2,692 | 2,262 | 2,321 | 2,752 | 2,298 | 1,828 | 2,384 | 2,695 | 2,529 | 1,837 | 1,579 | 2,478 | 2,295 |
Interest Expense | -1,049 | -1,395 | -1,222 | -1,246 | -1,262 | -1,181 | -1,334 | -1,118 | -1,314 | -1,082 | -905 | -1,103 | -921 | -883 | -905 | -863 | -806 | -791 | -719 | -732 |
Earnings From Equity Investments | 517 | 532 | 541 | 534 | 451 | 510 | 729 | 640 | 479 | 489 | 696 | 478 | 343 | 478 | 517 | -557 | 1,612 | 510 | 491 | 524 |
Currency Exchange Gain (Loss) | 10 | -268 | -438 | 250 | -505 | 1,090 | -127 | -1,342 | 221 | -221 | -736 | 863 | -621 | 493 | -43 | 233 | -1,023 | -581 | 369 | 140 |
Other Non Operating Income (Expenses) | 188 | 164 | 190 | 114 | 137 | 207 | 175 | 167 | 111 | 142 | 144 | 115 | 122 | 48 | 112 | 51 | 80 | 22 | 33 | -97 |
EBT Excluding Unusual Items | 1,879 | 2,012 | 2,365 | 2,696 | 1,163 | 3,317 | 3,187 | 1,039 | 1,759 | 1,649 | 1,951 | 2,651 | 751 | 2,520 | 2,376 | 1,393 | 1,700 | 739 | 2,652 | 2,130 |
Merger & Restructuring Charges | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -21 |
Impairment of Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2,465 | - | - | - | - |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | - | - | 1,091 | - | - | - | - | - | 1,076 | - | - | - | - |
Gain (Loss) on Sale of Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -12 | 1 | 1 | -2 | 319 |
Asset Writedown | - | - | - | -240 | - | -330 | - | -190 | - | - | - | -419 | - | - | - | -541 | - | - | - | - |
Pretax Income | 1,879 | 2,012 | 2,365 | 2,456 | 1,163 | 2,987 | 3,187 | 849 | 1,759 | 2,740 | 1,951 | 2,232 | 751 | 2,520 | 2,376 | -549 | 1,701 | 740 | 2,650 | 2,428 |
Income Tax Expense | 438 | 442 | 587 | 325 | 316 | 666 | 697 | 231 | 312 | 739 | 386 | 664 | 128 | 519 | 510 | 560 | 318 | 133 | 593 | 463 |
Earnings From Continuing Operations | 1,441 | 1,570 | 1,778 | 2,131 | 847 | 2,321 | 2,490 | 618 | 1,447 | 2,001 | 1,565 | 1,568 | 623 | 2,001 | 1,866 | -1,109 | 1,383 | 607 | 2,057 | 1,965 |
Minority Interest in Earnings | -46 | -69 | - | -71 | -59 | -42 | -126 | -23 | -56 | -58 | -53 | 250 | -2 | -66 | -49 | 126 | -21 | -12 | -28 | -32 |
Net Income | 1,395 | 1,501 | 1,778 | 2,060 | 788 | 2,279 | 2,364 | 595 | 1,391 | 1,943 | 1,512 | 1,818 | 621 | 1,935 | 1,817 | -983 | 1,362 | 595 | 2,029 | 1,933 |
Preferred Dividends & Other Adjustments | 104 | 102 | 107 | 108 | 134 | 102 | 103 | 102 | 98 | 95 | 93 | 92 | 89 | 87 | 84 | 84 | 83 | 145 | 102 | 93 |
Net Income to Common | 1,291 | 1,399 | 1,671 | 1,952 | 654 | 2,177 | 2,261 | 493 | 1,293 | 1,848 | 1,419 | 1,726 | 532 | 1,848 | 1,733 | -1,067 | 1,279 | 450 | 1,927 | 1,840 |
Net Income Growth (YoY) | 97.40% | -35.74% | -26.10% | 295.94% | -49.42% | 17.80% | 59.34% | -71.44% | 143.04% | 0% | -18.12% | - | -58.40% | 310.67% | -10.07% | - | 87.54% | -67.72% | 1.42% | 3.66% |
Shares Outstanding (Basic) | 2,192 | 2,184 | 2,182 | 2,180 | 2,181 | 2,180 | 2,179 | 2,179 | 2,177 | 2,137 | 2,126 | 2,125 | 2,048 | 2,024 | 2,025 | 2,022 | 2,025 | 2,026 | 2,026 | 2,023 |
Shares Outstanding (Diluted) | 2,198 | 2,190 | 2,188 | 2,186 | 2,187 | 2,186 | 2,185 | 2,182 | 2,180 | 2,139 | 2,128 | 2,127 | 2,049 | 2,027 | 2,028 | 2,022 | 2,028 | 2,030 | 2,029 | 2,025 |
Shares Change (YoY) | 0.50% | 0.18% | 0.14% | 0.18% | 0.32% | 2.20% | 2.68% | 2.59% | 6.39% | 5.53% | 4.93% | 5.19% | 1.04% | -0.15% | -0.05% | -0.15% | 0.10% | 0.20% | 0.30% | 0.20% |
EPS (Basic) | 0.59 | 0.64 | 0.77 | 0.90 | 0.30 | 1.00 | 1.04 | 0.23 | 0.59 | 0.86 | 0.67 | 0.81 | 0.26 | 0.91 | 0.86 | -0.53 | 0.63 | 0.22 | 0.95 | 0.91 |
EPS (Diluted) | 0.59 | 0.64 | 0.76 | 0.89 | 0.30 | 1.00 | 1.03 | 0.23 | 0.59 | 0.86 | 0.67 | 0.81 | 0.26 | 0.91 | 0.85 | -0.53 | 0.63 | 0.22 | 0.95 | 0.91 |
EPS Growth (YoY) | 96.41% | -35.88% | -26.21% | 294.94% | -49.18% | 16.12% | 54.32% | -72.25% | 127.13% | -5.50% | -21.48% | - | -58.77% | 313.64% | -10.53% | - | 86.97% | -68.06% | 1.10% | 3.51% |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -739 | 1,136 | -97 | 82 | 547 | 1,338 | 1,330 | 1,116 | 1,341 | 1,466 | 1,966 | 2,442 | 1,893 | 2,475 | 2,737 | 2,170 | 942 | 1,580 | 1,891 | -41 |
Free Cash Flow Per Share | -0.34 | 0.52 | -0.04 | 0.04 | 0.25 | 0.61 | 0.61 | 0.51 | 0.61 | 0.69 | 0.92 | 1.15 | 0.92 | 1.22 | 1.35 | 1.07 | 0.46 | 0.78 | 0.93 | -0.02 |
Dividend Per Share | 0.970 | 0.970 | 0.970 | 0.943 | 0.940 | 0.940 | 0.940 | 0.900 | 0.920 | 0.915 | 0.920 | 0.880 | 0.890 | 0.890 | 0.890 | 0.860 | 0.860 | 0.860 | 0.860 | 0.835 |
Dividend Growth (YoY) | 3.19% | 3.19% | 3.19% | 4.72% | 2.17% | 2.73% | 2.17% | 2.27% | 3.37% | 2.81% | 3.37% | 2.33% | 3.49% | 3.49% | 3.49% | 2.99% | 2.99% | 2.99% | 2.99% | 3.09% |
Gross Margin | 28.91% | 22.85% | 32.32% | 41.54% | 42.02% | 42.48% | 40.81% | 41.47% | 39.08% | 51.64% | 54.70% | 52.31% | 50.92% | 52.87% | 48.41% | 43.57% | 42.71% | 34.64% | 35.44% | 41.15% |
Operating Margin | 10.50% | 10.16% | 14.73% | 17.72% | 16.00% | 18.09% | 20.24% | 16.60% | 15.20% | 20.47% | 24.93% | 20.34% | 18.57% | 22.85% | 22.32% | 18.84% | 15.87% | 11.95% | 16.41% | 18.33% |
Profit Margin | 6.13% | 4.77% | 7.47% | 11.36% | 4.47% | 14.63% | 12.22% | 3.04% | 8.69% | 16.30% | 12.86% | 15.28% | 5.40% | 17.71% | 14.35% | -7.95% | 11.05% | 3.40% | 12.76% | 14.70% |
Free Cash Flow Margin | -3.51% | 3.88% | -0.43% | 0.48% | 3.74% | 8.99% | 7.19% | 6.88% | 9.01% | 12.93% | 17.81% | 21.61% | 19.23% | 23.72% | 22.67% | 16.16% | 8.14% | 11.96% | 12.53% | -0.33% |
EBITDA | 3,703 | 4,408 | 4,727 | 4,508 | 3,740 | 4,082 | 5,152 | 4,076 | 3,579 | 3,594 | 3,945 | 3,464 | 2,992 | 3,521 | 3,841 | 3,651 | 2,913 | 2,643 | 3,533 | 3,342 |
EBITDA Margin | 17.57% | 15.04% | 21.14% | 26.24% | 25.55% | 27.44% | 27.85% | 25.13% | 24.05% | 31.70% | 35.74% | 30.66% | 30.39% | 33.75% | 31.81% | 27.20% | 25.17% | 20.00% | 23.40% | 26.69% |
D&A For EBITDA | 1,490 | 1,429 | 1,433 | 1,464 | 1,398 | 1,391 | 1,408 | 1,384 | 1,317 | 1,273 | 1,193 | 1,166 | 1,164 | 1,137 | 1,146 | 1,122 | 1,076 | 1,064 | 1,055 | 1,047 |
EBIT | 2,213 | 2,979 | 3,294 | 3,044 | 2,342 | 2,691 | 3,744 | 2,692 | 2,262 | 2,321 | 2,752 | 2,298 | 1,828 | 2,384 | 2,695 | 2,529 | 1,837 | 1,579 | 2,478 | 2,295 |
EBIT Margin | 10.50% | 10.16% | 14.73% | 17.72% | 16.00% | 18.09% | 20.24% | 16.60% | 15.20% | 20.47% | 24.93% | 20.34% | 18.57% | 22.85% | 22.32% | 18.84% | 15.87% | 11.95% | 16.41% | 18.33% |
Effective Tax Rate | 23.31% | 21.97% | 24.82% | 13.23% | 27.17% | 22.30% | 21.87% | 27.21% | 17.74% | 26.97% | 19.79% | 29.75% | 17.04% | 20.59% | 21.46% | - | 18.70% | 17.97% | 22.38% | 19.07% |
Revenue as Reported | 21,077 | 29,318 | 22,357 | 17,177 | 14,639 | 14,876 | 18,502 | 16,217 | 14,882 | 11,336 | 11,038 | 11,298 | 9,844 | 10,432 | 12,075 | 13,424 | 11,573 | 13,215 | 15,097 | 12,520 |