Equity
Retained Earnings
Enbridge Retained Earnings increased by 7.9% to -$19.61B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.3%, from -$17.79B to -$19.61B. Over 5 years (FY 2020 to FY 2025), Retained Earnings shows a downward trend with a 16.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionEquity
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ1 2026May 8, 2026
How to read this metric
A steady increase indicates consistent profitability and successful reinvestment, while a decrease may signal losses or high dividend payouts.
Detailed definition
This represents the cumulative net income earned by the company since inception, reduced by dividends paid to shareholde...
Peer comparison
Standard metric for mature companies; peers in the energy sector typically show consistent growth here.
Metric ID:
retained_earningsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$8.39B | -$9.40B | -$10.99B | -$9.08B | -$10.42B | -$10.88B | -$15.49B | -$13.75B | -$13.75B | -$15.01B | -$17.12B | -$15.70B | -$15.79B | -$16.50B | -$20.05B | -$17.79B | -$17.66B | -$19.06B | -$21.28B | -$19.61B |
| QoQ Change | — | -12.0% | -16.9% | +17.4% | -14.7% | -4.4% | -42.3% | +11.2% | +0.1% | -9.2% | -14.0% | +8.3% | -0.6% | -4.4% | -21.5% | +11.3% | +0.7% | -7.9% | -11.6% | +7.9% |
| YoY Change | — | — | — | — | -24.2% | -15.8% | -40.9% | -51.4% | -31.9% | -38.0% | -10.5% | -14.1% | -14.9% | -9.9% | -17.1% | -13.3% | -11.8% | -15.6% | -6.2% | -10.3% |
Range-$21.28B – -$8.39B
CAGR+19.6%
Avg YoY Growth-20.4%
Median YoY Growth-15.2%
Retained Earnings at Other Companies
Frequently Asked Questions
- What is Enbridge's retained earnings?
- Enbridge (ENB) reported retained earnings of -$19.61B in Q1 2026.
- How has Enbridge's retained earnings changed year-over-year?
- Enbridge's retained earnings decreased by 10.3% year-over-year, from -$17.79B to -$19.61B.
- What is the long-term trend for Enbridge's retained earnings?
- Over 5 years (2020 to 2025), Enbridge's retained earnings has grown at a 16.3% compound annual growth rate (CAGR), from -$10.00B to -$21.28B.
- What does retained earnings mean?
- The total profits the company has kept and reinvested in the business since it started.