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Enbridge ENB Interest coverage

Interest coverage at other companies

Williams Companies logo
Williams CompaniesWMB
2.8×+0.1×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
5.1×-0.2×
Energy Transfer logo
Energy TransferET
2.6×-0.2×
Oneok logo
OneokOKE
3.3×-0.1×
Atmos Energy logo
Atmos EnergyATO
11.6×+3.6×
Imperial Oil logo
Imperial OilIMO
298.6×-111×

Other financials

Income statement

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Revenue$22.4B+20.8%
Operating income$3.2B-12.2%
Net income$1.8B-24.8%
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$2.3B-23.3%
CapEx$2.4B+41.6%
Free cash flow-$97.0M-107%

Valuation

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Market cap$118.95B+22.4%
Enterprise value$118.8B-38.7%
P/E17.2×+1.8×
P/S1.7×+0.1×

Profitability

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Operating margin15.2%-2.2pp
Net margin10%-0.3pp

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

Calculated from Enbridge’s reported figures.

Based on trailing twelve months.

The official record: Enbridge’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Enbridge's interest coverage?
Enbridge (ENB) reported interest coverage of 2.1× in Q1 2026.
How has Enbridge's interest coverage changed year-over-year?
Enbridge's interest coverage decreased by 2.2% year-over-year, from 2.2× to 2.1×.
What is the long-term trend for Enbridge's interest coverage?
Over 4 years (2021 to 2025), Enbridge's interest coverage has grown at a -8.7% compound annual growth rate (CAGR), from 12.5× to 8.7×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.