Enbridge Inc (ENB) Financial Statements
Industry: Pipe Lines (No Natural Gas)
In fiscal 2025, Enbridge reported revenue of $65.19B, up 21.9% from $53.47B the year before. Net income was $7.49B (a 11.5% net margin), or $3.22 per diluted share. Gross margin was 16.8% and operating margin was 16.8%. Operating activities generated $12.27B of cash, leaving $3.30B of free cash flow. At fiscal year end, Enbridge held $218.47B in total assets against $152.55B in total liabilities, including $1.09B of cash and equivalents.
Open the full interactive Enbridge financials → Quarterly statements, key ratios, valuation history and price charts.
Enbridge Key Stats
| Share Price | $47.46 |
|---|---|
| Market Cap | $103.94B |
| P/E Ratio | 14.7 |
| Revenue YoY Growth | +21.9% |
| 52-Week Range | $43.47 – $57.25 |
| Shares Outstanding | 2.18 billion (basic, 2026 Q2) |
Enbridge Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $39.09B | $47.07B | $53.31B | $43.65B | $53.47B | $65.19B |
| Cost of Goods Sold | $31.13B | $39.27B | $48.13B | $35.00B | $43.82B | $54.24B |
| Gross Profit | $18.42B | $18.37B | $20.72B | $22.28B | $9.65B | $10.96B |
| Operating Income | $7.96B | $7.80B | $5.18B | $8.65B | $9.65B | $10.96B |
| Pre-Tax Income | $4.19B | $7.73B | $4.54B | $7.88B | $7.30B | $9.79B |
| Income Tax | $774.0M | $1.42B | $1.60B | $1.82B | $1.67B | $2.00B |
| Net Income | $3.36B | $6.19B | $3.00B | $6.19B | $5.44B | $7.49B |
| Diluted EPS | $1.48 | $2.87 | $1.28 | $2.84 | $2.34 | $3.22 |
Enbridge Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $14.64B | $17.18B | $22.36B | $29.32B |
| Net Income | $788.0M | $2.06B | $1.78B | $1.50B |
| Diluted EPS | $0.30 | $0.94 | $0.76 | $0.64 |
Enbridge Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $452.0M | $286.0M | $861.0M | $5.90B | $1.80B | $1.09B |
| Current Assets | $7.35B | $8.96B | $12.15B | $14.40B | $13.16B | $13.20B |
| Total Assets | $160.28B | $168.86B | $179.61B | $180.32B | $218.97B | $218.47B |
| Current Liabilities | $13.98B | $18.23B | $20.30B | $17.43B | $23.81B | $21.00B |
| Total Long-Term Debt | $2.96B | $6.16B | $6.04B | $6.40B | $7.73B | $5.03B |
| Total Liabilities | $95.91B | $105.50B | $116.21B | $115.83B | $150.08B | $152.55B |
| Shareholders' Equity | $61.37B | $60.83B | $59.89B | $61.45B | $65.90B | $62.33B |
Enbridge Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $9.78B | $9.26B | $11.23B | $14.20B | $12.60B | $12.27B |
| Cash From Investing | -$5.18B | -$10.66B | -$5.27B | -$6.04B | -$20.36B | -$10.50B |
| Cash From Financing | -$4.77B | $1.24B | -$5.43B | -$2.86B | $3.54B | -$2.40B |
| Free Cash Flow | $4.38B | $1.44B | $6.58B | $9.55B | $5.89B | $3.30B |
Figures from Enbridge's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Enbridge financials page for every line item.
Enbridge Company Profile
| Ticker | ENB |
|---|---|
| Exchange | NYSE, OTC |
| Industry | Pipe Lines (No Natural Gas) |
| Headquarters | Calgary, Alberta, Canada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000895728 |
Frequently Asked Questions
What was Enbridge's revenue in fiscal 2025?
Enbridge (ENB) reported revenue of $65.19B for fiscal 2025.
What is Enbridge's annual revenue history?
Enbridge's annual revenue by fiscal year: 2020: $39.09B; 2021: $47.07B; 2022: $53.31B; 2023: $43.65B; 2024: $53.47B; 2025: $65.19B.
What was Enbridge's net income in fiscal 2025?
Enbridge reported net income of $7.49B for fiscal 2025.
What was Enbridge's earnings per share (EPS) in fiscal 2025?
Enbridge's diluted EPS was $3.22 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Enbridge generate in fiscal 2025?
Enbridge generated $3.30B of free cash flow in fiscal 2025.
What was Enbridge's revenue last quarter?
In its most recent reported quarter (2026 Q2), Enbridge reported revenue of $29.32B.
How much debt does Enbridge have?
Enbridge reported $5.03B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Enbridge are outstanding?
Enbridge reported a weighted average of 2.18 billion basic shares outstanding in 2026 Q2.
What is Enbridge's market cap?
Based on its latest closing price, Enbridge (ENB) has a market capitalization of about $103.94B.
When does Enbridge's fiscal year end?
Enbridge's fiscal year end, as registered with the SEC, is December 31.
Where is Enbridge headquartered?
Enbridge lists its business address in Calgary, Alberta, Canada in its SEC filings.