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Enbridge ENB Proceeds From Redeemable Noncontrolling Interest

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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$112B+8.2%
Enterprise value$111.85B-38.7%
P/E18.6×+3.0×

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 enb:ProceedsFromRedeemableNoncontrollingInterest.

The source filing: Enbridge’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 7:05 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-213266
Line itemThree months ended / March 31, 2026Three months ended / March 31, 2025
Debenture and term note repayments(67)(2,742)
Contributions from noncontrolling interests65
Distributions to noncontrolling interests(82)(100)
Contributions from redeemable noncontrolling interest6
Distributions to redeemable noncontrolling interest(17)
Common shares issued, net of issue costs5
Preference share dividends(107)(102)
Common share dividends(2,116)(2,054)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Enbridge's proceeds from redeemable noncontrolling interest?
Enbridge (ENB) reported proceeds from redeemable noncontrolling interest of $6M in Q1 2026.
What does proceeds from redeemable noncontrolling interest mean?
This represents cash inflows from the issuance of redeemable noncontrolling interests in the company's subsidiaries. It reflects the company's ability to attract capital from partners who require a path to exit or redemption. This is a strategic financing tool for managing subsidiary-level capital.

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