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Enbridge ENB Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Operating margin65.1%-2.2pp67.3%-1.2pp68.6%-2.0pp70.6%-3.3pp73.9%-3.0pp
Net margin41.2%-0.3pp41.5%+1.3pp40.2%-4.3pp44.5%-3.3pp47.8%-3.5pp
EBITDA margin99.3%-2.8pp102.1%-2.2pp104.3%-3.5pp107.8%-5.8pp113.6%-5.1pp
Free cash flow margin22.5%-5.9pp28.4%-6.0pp34.3%-8.1pp42.4%-9.9pp52.3%-12.0pp
Returns
Return on equity41.2%+0.9pp40.4%+3.1pp37.2%-1.0pp38.2%+0.8pp37.4%+0.1pp
Return on assets12.6%0.0pp12.6%+0.7pp11.9%-0.6pp12.5%+0.1pp12.4%-0.1pp
Return on invested capital25.9%+2.2pp23.8%+0.2pp23.6%+0.4pp23.2%+0.7pp22.4%+0.5pp
Efficiency
Asset turnover1.2×0.0×1.2×0.0×1.2×+0.1×1.1×+0.1×+0.1×
Liquidity
Current ratio+0.1×2.9×+0.1×2.8×+0.2×2.7×0.0×2.7×0.0×
Quick ratio2.6×+0.1×2.5×+0.1×2.5×+0.1×2.3×0.0×2.4×+0.1×
Cash ratio0.3×0.0×0.3×0.0×0.4×0.0×0.4×-0.1×0.5×0.0×
Leverage
Debt-to-equity4.7×-1.4×6.1×+0.2×5.9×+0.2×5.7×+0.2×5.5×+0.2×
Debt-to-assets1.4×-0.4×1.8×0.0×1.8×0.0×1.8×0.0×1.7×0.0×
Net debt / EBITDA18.2×-6.0×24.2×-0.3×24.5×0.0×24.5×-0.1×24.6×0.0×
Interest coverage8.7×0.0×8.7×0.0×8.7×+0.1×8.6×0.0×8.6×-0.1×
Valuation
Market capitalization$430.78B+5.3%$409.19B+3.0%$397.19B+5.8%$375.58B+6.4%$353.06B+5.9%
Enterprise value$727.94B-9.3%$802.42B+2.4%$783.59B+4.8%$747.9B+5.3%$710.48B+5.2%
Price / earnings64.1×+1.8×62.4×-3.0×65.4×+5.0×60.4×+2.0×58.4×+2.3×
Price / sales6.5×+0.1×6.4×-0.1×6.5×-0.1×6.7×-0.2×6.9×-0.2×
Price / book6.7×+0.4×6.3×+0.3×+0.3×5.7×+0.4×5.3×+0.2×
EV / EBITDA44.6×-4.8×49.4×-0.2×49.6×+0.5×49.1×+0.4×48.8×+0.3×
EV / sales11.1×-1.4×12.6×-0.3×12.9×-0.3×13.3×-0.6×13.9×-0.5×
Free cash flow yield13.9%-3.9pp17.8%-3.2pp21%-4.2pp25.2%-5.0pp30.2%-6.0pp
Earnings yield25.2%-0.7pp25.9%+1.3pp24.6%-2.1pp26.7%-1.0pp27.7%-1.1pp
Dividend yield30.5%-1.3pp31.8%-0.6pp32.4%-1.4pp33.8%-1.8pp35.6%-1.4pp

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Questions, answered.

Where do Enbridge's ratios come from?
Every ratio is computed from Enbridge's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.