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Enbridge ENB Gas Distribution and Storage — Other Long Term Investments

Other segment segments

Gas Transmission
$139M0.0%
Renewable Power Generation
$21M0.0%

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Other financials

Income statement

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Revenue$22.4B+20.8%
Operating income$3.2B-12.2%
Net income$1.4B-38.7%
EPS (diluted)$0.76-26.2%

Balance sheet

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Cash & equivalents$1.6B-21.7%
Total debt$1.5B-98.5%
Total equity$65.0B-4.8%
Total assets$228.20B+3.7%

Cash flow

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Operating cash flow$4.1B+27.0%
CapEx$2.4B+41.6%
Free cash flow-$97.0M-107%

Valuation

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Market cap$118.92B+17.0%
Enterprise value$118.78B-38.7%
P/E19.8×+4.4×

Profitability

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Operating margin15.2%-2.2pp
Net margin10%-0.3pp
FCF margin2.7%-5.9pp

Returns & leverage

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Return on equity10.4%+0.9pp
Debt / equity-1.4×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by Enbridge in its filing.

Tagged under the XBRL concept us-gaap:OtherLongTermInvestments.

The source filing: Enbridge’s 10-K, filed February 13, 2026.

Filed
Feb 13, 2026, 7:05 AM EST
Fiscal year
FY2025
Accession
0001193125-26-049810
December 31,Ownership Interest20252024
Rampion Offshore Wind Limited24.9%365387
Other16.4%–50.0%8793
OTHER LONG-TERM INVESTMENTS
Gas Transmission139139
Gas Distribution and Storage2527
Renewable Power Generation2121
Eliminations and Other91,1491,032
21,26420,691

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Enbridge's gas distribution and storage — other long term investments?
Enbridge (ENB) reported gas distribution and storage — other long term investments of $25M in Q4 2025.
How has Enbridge's gas distribution and storage — other long term investments changed year-over-year?
Enbridge's gas distribution and storage — other long term investments decreased by 7.4% year-over-year, from $27M to $25M.
What does gas distribution and storage — other long term investments mean?
Captures the value of long-term financial assets held by the gas distribution and storage segment that do not qualify as equity method investments or property, plant, and equipment. These may include long-term notes receivable, restricted cash, or strategic minority stakes in non-core entities. It represents the segment's allocation of capital toward long-duration financial instruments.

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