Enbridge Future Growth

Future criteria checks 1/6

Enbridge is forecast to grow earnings and revenue by 9.5% and 5.3% per annum respectively. EPS is expected to grow by 8.3% per annum. Return on equity is forecast to be 12.9% in 3 years.

Key information

9.5%

Earnings growth rate

8.3%

EPS growth rate

Oil and Gas earnings growth	5.2%
Revenue growth rate	5.3%
Future return on equity	12.9%
Analyst coverage	Good
Last updated	15 Apr 2024

Recent future growth updates

No updates

Recent updates

Enbridge Inc.'s (TSE:ENB) Business Is Yet to Catch Up With Its Share Price

Apr 06

Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

Mar 01

Enbridge (TSE:ENB) Has Announced That It Will Be Increasing Its Dividend To CA$0.915

Feb 09

Enbridge Inc.'s (TSE:ENB) Intrinsic Value Is Potentially 34% Above Its Share Price

Feb 08

Earnings and Revenue Growth Forecasts

TSX:ENB - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	49,895	7,612	8,145	14,040	4
12/31/2025	48,335	6,681	6,741	13,328	9
12/31/2024	45,430	6,161	6,553	12,415	9
12/31/2023	43,649	5,839	9,325	14,201	N/A
9/30/2023	45,775	3,046	9,067	14,002	N/A
6/30/2023	47,504	3,793	8,137	13,062	N/A
3/31/2023	50,287	2,395	7,242	12,157	N/A
12/31/2022	53,309	2,589	6,409	11,230	N/A
9/30/2022	52,405	5,496	4,151	9,507	N/A
6/30/2022	52,298	4,899	3,333	9,676	N/A
3/31/2022	50,031	5,843	2,561	9,631	N/A
12/31/2021	47,071	5,816	1,163	9,256	N/A
9/30/2021	44,559	5,751	1,872	9,620	N/A
6/30/2021	42,203	6,059	2,602	9,609	N/A
3/31/2021	39,211	6,312	3,008	9,536	N/A
12/31/2020	39,087	2,983	4,161	9,781	N/A
9/30/2020	41,431	1,954	3,948	9,520	N/A
6/30/2020	43,919	1,913	4,690	9,953	N/A
3/31/2020	49,226	2,002	4,761	10,031	N/A
12/31/2019	50,069	5,322	3,706	9,398	N/A
9/30/2019	49,279	5,665	3,573	9,908	N/A
6/30/2019	49,026	4,626	2,071	8,634	N/A
3/31/2019	46,508	3,961	2,393	9,484	N/A
12/31/2018	46,378	2,515	3,156	10,502	N/A
9/30/2018	47,705	1,633	1,727	9,342	N/A
6/30/2018	45,587	2,488	1,090	9,449	N/A
3/31/2018	45,958	2,336	-1,018	8,076	N/A
12/31/2017	44,378	2,529	-2,418	6,658	N/A
9/30/2017	40,827	2,687	N/A	6,373	N/A
6/30/2017	40,088	1,819	N/A	5,727	N/A
3/31/2017	36,911	1,201	N/A	5,126	N/A
12/31/2016	34,560	1,776	N/A	5,205	N/A
9/30/2016	34,136	1,789	N/A	4,925	N/A
6/30/2016	33,968	1,283	N/A	4,920	N/A
3/31/2016	34,660	1,559	N/A	4,911	N/A
12/31/2015	33,794	-37	N/A	4,571	N/A
9/30/2015	33,677	-327	N/A	4,475	N/A
6/30/2015	33,654	202	N/A	4,304	N/A
3/31/2015	35,049	381	N/A	3,755	N/A
12/31/2014	37,641	1,108	N/A	2,567	N/A
9/30/2014	37,137	749	N/A	2,672	N/A
6/30/2014	37,838	1,250	N/A	2,756	N/A
3/31/2014	35,542	536	N/A	2,881	N/A
12/31/2013	32,918	442	N/A	3,341	N/A
9/30/2013	31,632	938	N/A	3,062	N/A
6/30/2013	28,310	704	N/A	2,972	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENB's forecast earnings growth (9.5% per year) is above the savings rate (2%).

Earnings vs Market: ENB's earnings (9.5% per year) are forecast to grow slower than the Canadian market (11.4% per year).

High Growth Earnings: ENB's earnings are forecast to grow, but not significantly.

Revenue vs Market: ENB's revenue (5.3% per year) is forecast to grow slower than the Canadian market (6.6% per year).

High Growth Revenue: ENB's revenue (5.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ENB's Return on Equity is forecast to be low in 3 years time (12.9%).

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Enbridge Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

Enbridge Inc.'s (TSE:ENB) Business Is Yet to Catch Up With Its Share Price

Enbridge Inc. to Report Q1, 2024 Results on May 10, 2024

Enbridge Inc. (TSX:ENB) completed the acquisition of Dominion Energy Questar Corporation from Dominion Energy, Inc. (NYSE:D).

Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Enbridge Inc., Annual General Meeting, May 08, 2024

Enbridge Inc., Annual General Meeting, May 08, 2024

Enbridge (TSE:ENB) Has Announced That It Will Be Increasing Its Dividend To CA$0.915

Enbridge Inc., Annual General Meeting, May 08, 2024

Enbridge Inc.'s (TSE:ENB) Intrinsic Value Is Potentially 34% Above Its Share Price

Upcoming dividend of CA$0.92 per share at 7.8% yield

Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.915

Enbridge Inc. to Report Q4, 2023 Results on Feb 09, 2024

Enbridge's (TSE:ENB) Shareholders Will Receive A Bigger Dividend Than Last Year

Enbridge's (TSE:ENB) Shareholders Will Receive A Bigger Dividend Than Last Year

Enbridge Inc.'s (TSE:ENB) Popularity With Investors Is Clear

Enbridge (TSE:ENB) Is Paying Out A Larger Dividend Than Last Year

Enbridge Inc. Appoints Manjit Minhas as a Director

Enbridge Inc. Announces Quarterly Dividend, Payable on March 1, 2024

Enbridge (TSE:ENB) Is Doing The Right Things To Multiply Its Share Price

Upcoming dividend of CA$0.89 per share at 7.7% yield

Enbridge Inc. (TSX:ENB) entered into an agreement to acquire Seven Operating Landfill-to-Renewable Natural Gas Assets Located in Texas and Arkansas from Morrow Renewables, LLC for $1.2 billion

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Enbridge Inc. (TSX:ENB) completed the acquisition of an unknown majority stake in in FortisBC Midstream Inc. from FortisBC Holdings Inc.

Enbridge Inc. Announces Executive Changes

Enbridge Inc. to Report Q3, 2023 Results on Nov 03, 2023

Calculating The Fair Value Of Enbridge Inc. (TSE:ENB)

Enbridge Inc. Announces Resignation of Robert R. Rooney as Executive Vice President & Chief Legal Officer

Enbridge Inc. Announces Executive Changes

Enbridge Inc. has completed a Follow-on Equity Offering in the amount of CAD 4.000203 billion.

Enbridge Inc. has completed a Follow-on Equity Offering in the amount of CAD 4.000203 billion.

Enbridge Inc. (TSX:ENB) entered into an agreement to acquire membership interests in Fall West Holdco LLC from Dominion Energy, Inc. (NYSE:D) for $4.3 billion.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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