Enbridge ENB Return on invested capital

Return on invested capital at other companies

National Fuel GasNFG

13%—

Williams CompaniesWMB

7%-2.5pp

Enterprise Products PartnersEPD

11.8%-0.3pp

Kinder MorganKMI

6.4%+0.5pp

DT MidstreamDTM

6.1%+1.2pp

OneokOKE

8.6%-0.2pp

FAQ

What is Enbridge's return on invested capital?

Enbridge (ENB) reported return on invested capital of 8.1% in Q1 2026.

How has Enbridge's return on invested capital changed year-over-year?

Enbridge's return on invested capital increased by 36.1% year-over-year, from 6% to 8.1%.

What is the long-term trend for Enbridge's return on invested capital?

Over 5 years (2020 to 2025), Enbridge's return on invested capital has grown at a 1.9% compound annual growth rate (CAGR), from 5.5% to 6%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.