Skip to content

Enbridge ENB Q2 2025 earnings

Reported August 1, 2025 · Before market open

Revenue estimate$7.0B
EPS estimate$0.41

Next report

Jul 31, 2026 (in a month)
Revenue estimate$7.9B
EPS estimate$0.44

Financials

Q2 2025

Income statement

See full
Revenue$14.9B+31.2%
Operating income$2.3B+0.7%
Net income$2.3B+17.3%
EPS (diluted)$1.00+16.3%

Balance sheet

See full
Cash & equivalents$1.2B-66.5%
Total debt$97.9B+14.7%
Total equity$65.4B-2.6%
Total assets$211.59B+5.1%

Cash flow

See full
Operating cash flow$3.2B+15.1%
CapEx$1.9B+40.9%
Free cash flow$1.3B-8.7%

Valuation & ratios

Q2 2025

Valuation

See full
Market cap$98.19B+29.8%
Enterprise value$194.88B+23.8%
P/E14.8×+2.0×
P/S1.5×-0.2×

Profitability

See full
Operating margin16.5%-3.3pp
Net margin10.3%-3.3pp
FCF margin7.9%-9.9pp

Returns & leverage

See full
Return on equity10%+0.8pp
Debt / equity1.5×+0.2×
Current ratio0.7×0.0×

Segments

By product

See full
Transportation Revenue$4.3B-0.2%
Gas Distribution Revenue$1.8B+45.9%
Gas Distribution Sales$1.7B+45.4%
Storageand Other Revenue$389.0M+19.0%
Electricity Revenue$52.0M+18.2%

By segment

See full
Liquids Pipelines$10.8B+32.8%
Gas Distributionand Storage$2.0B+45.7%
Gas Transmission$1.6B+7.5%
Renewable Power Generation$145.0M+36.8%

Versus estimates

Ask the moment Enbridge reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Enbridge report Q2 2025 earnings?
Enbridge (ENB) reported Q2 2025 earnings on August 1, 2025 before market open.
What were Enbridge's Q2 2025 revenue and EPS?
Enbridge reported revenue of $10.9B and diluted EPS of $0.47 for Q2 2025.
Did Enbridge beat estimates in Q2 2025?
Revenue beat the consensus estimate of $7.0B by $3.8B. EPS beat the consensus estimate of $0.41 by $0.06.
How did Enbridge's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 31.1% from $8.3B a year earlier and diluted EPS grew 11.9% from $0.42.
Where can I find Enbridge's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0000950170-25-101102) directly on SEC EDGAR. The filing index links above go to sec.gov.