Enbridge Future Growth

Future criteria checks 1/6

Enbridge's revenue is forecast to decline at 3.2% per annum while its annual earnings are expected to grow at 9% per year. EPS is expected to grow by 2.3% per annum. Return on equity is forecast to be 14% in 3 years.

Key information

9.0%

Earnings growth rate

2.3%

EPS growth rate

Oil and Gas earnings growth	4.7%
Revenue growth rate	-3.2%
Future return on equity	14.0%
Analyst coverage	Good
Last updated	19 Nov 2024

Recent future growth updates

Recent updates

Enbridge Inc.'s (TSE:ENB) Popularity With Investors Is Under Threat From Overpricing

Oct 20

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

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

Jan 23

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	41,560	7,277	6,973	13,814	6
12/31/2025	36,466	6,633	5,849	13,360	8
12/31/2024	43,565	6,334	6,507	12,460	8
9/30/2024	48,554	6,286	7,001	12,750	N/A
6/30/2024	43,516	5,525	7,556	12,861	N/A
3/31/2024	42,612	5,525	8,578	13,486	N/A
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	N/A	9,449	N/A
3/31/2018	45,958	2,336	N/A	8,076	N/A
12/31/2017	44,378	2,529	N/A	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

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENB's forecast earnings growth (9% per year) is above the savings rate (2.3%).

Earnings vs Market: ENB's earnings (9% per year) are forecast to grow slower than the Canadian market (16.4% per year).

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

Revenue vs Market: ENB's revenue is expected to decline over the next 3 years (-3.2% per year).

High Growth Revenue: ENB's revenue is forecast to decline over the next 3 years (-3.2% 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 (14%).

Enbridge Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus revenue estimates decrease by 11%, EPS upgraded

Enbridge Inc. Reaffirms Earnings Guidance for the Year 2024

Recent updates

Enbridge Inc.'s (TSE:ENB) Popularity With Investors Is Under Threat From Overpricing

Insider exercised options to buy CA$3.0m worth of stock.

Enbridge Inc. to Report Q3, 2024 Results on Nov 01, 2024

Enbridge Inc. (TSX:ENB) completed the acquisition of Public Service Company of North Carolina, Incorporated from Dominion Energy, Inc. (NYSE:D).

Enbridge (TSE:ENB) Hasn't Managed To Accelerate Its Returns

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

Consensus revenue estimates decrease by 11%, EPS upgraded

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

First quarter dividend of CA$0.92 announced

Enbridge Inc. Declares Quarterly Dividend, Payable on September 1, 2024

Is There An Opportunity With Enbridge Inc.'s (TSE:ENB) 50% Undervaluation?

Enbridge Inc. to Report Q2, 2024 Results on Aug 02, 2024

Enbridge Inc. (TSX:ENB) completed the acquisition of Fall West Holdco LLC from Dominion Energy, Inc. (NYSE:D).

Enbridge's (TSE:ENB) Solid Earnings May Rest On Weak Foundations

Enbridge Inc. has filed a Follow-on Equity Offering in the amount of CAD 2.75 billion.

Enbridge Inc. Reaffirms Earnings Guidance for the Year 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Enbridge Inc. Appoints Theresa B.Y. Jang to the Board

Fourth quarter dividend of CA$0.92 announced

Enbridge Inc. Declares Quarterly Dividend, Payable on June 1, 2024

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

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies