Skip to content
Screener

Enbridge ENB Q4 2025 Annual earnings

Reported February 13, 2026 · Before market open

Revenue$12.5BBeat by $6.3B
EPS$0.63Beat by $0.03
Revenue estimate$6.2B
EPS estimate$0.60

Next report

Nov 6, 2026 (in 2 months)
Revenue estimate$7.4B
EPS estimate$0.38

Financials

Q4 2025

Income statement

See full
Revenue$17.2B+5.9%
Operating income$2.7B+11.4%
Net income$2.1B+246%
EPS (diluted)$0.89+287%

Balance sheet

See full
Cash & equivalents$1.1B-39.3%
Total debt$101.24B+6.4%
Total equity$62.3B-5.4%
Total assets$218.48B-0.2%

Cash flow

See full
Operating cash flow$3.1B-15.0%
CapEx$3.0B+19.0%
Free cash flow$82.0M-92.7%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$104.41B+13.0%
Enterprise value$204.55B+10.1%
P/E13.9×-3.0×
P/S1.6×-0.1×

Profitability

See full
Operating margin16.8%-1.2pp
Net margin11.5%+1.3pp
FCF margin5.1%-6.0pp

Returns & leverage

See full
Return on equity11.7%+3.1pp
Debt / equity1.6×+0.2×
Current ratio0.6×+0.1×

Segments

By product

See full
Transportation Revenue$4.4B-0.8%
Gas Distribution Revenue$3.0B—
Gas Distribution Sales$2.9B—
Storageand Other Revenue$394.0M+8.8%
Electricity Revenue$66.0M—

By segment

See full
Liquids Pipelines$11.7B+3.3%
Gas Distributionand Storage$3.2B+15.4%
Gas Transmission$1.7B+5.3%
Renewable Power Generation$166.0M+15.3%

FAQ

When did Enbridge report Q4 2025 earnings?
Enbridge (ENB) reported Q4 2025 earnings on February 13, 2026 before market open.
What were Enbridge's Q4 2025 revenue and EPS?
Enbridge reported revenue of $12.5B and eps of $0.63 for Q4 2025.
Did Enbridge beat estimates in Q4 2025?
Revenue beat the consensus estimate of $6.2B by $6.3B. EPS beat the consensus estimate of $0.60 by $0.03.
How did Enbridge's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 11.0% from $11.3B a year earlier and eps grew 18.9% from $0.53.
Where can I find Enbridge's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001193125-26-049808) and the 10-K periodic report (0001193125-26-049810) directly on SEC EDGAR. The filing index links above go to sec.gov.