Enbridge ENB Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 65.1%-2.2pp | 67.3%-1.2pp | 68.6%-2.0pp | 70.6%-3.3pp | 73.9%-3.0pp | |
| Net margin | 41.2%-0.3pp | 41.5%+1.3pp | 40.2%-4.3pp | 44.5%-3.3pp | 47.8%-3.5pp | |
| EBITDA margin | 99.3%-2.8pp | 102.1%-2.2pp | 104.3%-3.5pp | 107.8%-5.8pp | 113.6%-5.1pp | |
| Free cash flow margin | 22.5%-5.9pp | 28.4%-6.0pp | 34.3%-8.1pp | 42.4%-9.9pp | 52.3%-12.0pp | |
| Returns | ||||||
| Return on equity | 41.2%+0.9pp | 40.4%+3.1pp | 37.2%-1.0pp | 38.2%+0.8pp | 37.4%+0.1pp | |
| Return on assets | 12.6%0.0pp | 12.6%+0.7pp | 11.9%-0.6pp | 12.5%+0.1pp | 12.4%-0.1pp | |
| Return on invested capital | 25.9%+2.2pp | 23.8%+0.2pp | 23.6%+0.4pp | 23.2%+0.7pp | 22.4%+0.5pp | |
| Efficiency | ||||||
| Asset turnover | 1.2×0.0× | 1.2×0.0× | 1.2×+0.1× | 1.1×+0.1× | 1×+0.1× | |
| Liquidity | ||||||
| Current ratio | 3×+0.1× | 2.9×+0.1× | 2.8×+0.2× | 2.7×0.0× | 2.7×0.0× | |
| Quick ratio | 2.6×+0.1× | 2.5×+0.1× | 2.5×+0.1× | 2.3×0.0× | 2.4×+0.1× | |
| Cash ratio | 0.3×0.0× | 0.3×0.0× | 0.4×0.0× | 0.4×-0.1× | 0.5×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 4.7×-1.4× | 6.1×+0.2× | 5.9×+0.2× | 5.7×+0.2× | 5.5×+0.2× | |
| Debt-to-assets | 1.4×-0.4× | 1.8×0.0× | 1.8×0.0× | 1.8×0.0× | 1.7×0.0× | |
| Net debt / EBITDA | 18.2×-6.0× | 24.2×-0.3× | 24.5×0.0× | 24.5×-0.1× | 24.6×0.0× | |
| Interest coverage | 8.7×0.0× | 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 / earnings | 64.1×+1.8× | 62.4×-3.0× | 65.4×+5.0× | 60.4×+2.0× | 58.4×+2.3× | |
| Price / sales | 6.5×+0.1× | 6.4×-0.1× | 6.5×-0.1× | 6.7×-0.2× | 6.9×-0.2× | |
| Price / book | 6.7×+0.4× | 6.3×+0.3× | 6×+0.3× | 5.7×+0.4× | 5.3×+0.2× | |
| EV / EBITDA | 44.6×-4.8× | 49.4×-0.2× | 49.6×+0.5× | 49.1×+0.4× | 48.8×+0.3× | |
| EV / sales | 11.1×-1.4× | 12.6×-0.3× | 12.9×-0.3× | 13.3×-0.6× | 13.9×-0.5× | |
| Free cash flow yield | 13.9%-3.9pp | 17.8%-3.2pp | 21%-4.2pp | 25.2%-5.0pp | 30.2%-6.0pp | |
| Earnings yield | 25.2%-0.7pp | 25.9%+1.3pp | 24.6%-2.1pp | 26.7%-1.0pp | 27.7%-1.1pp | |
| Dividend yield | 30.5%-1.3pp | 31.8%-0.6pp | 32.4%-1.4pp | 33.8%-1.8pp | 35.6%-1.4pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
