Enbridge Inc.

TSX:ENB Stock Report

Market Cap: CA$131.3b

Enbridge Future Growth

Future criteria checks 1/6

Enbridge's revenue is forecast to decline at 4.7% per annum while its annual earnings are expected to grow at 7.3% per year. EPS is expected to grow by 1.4% per annum. Return on equity is forecast to be 13% in 3 years.

Key information

7.3%

Earnings growth rate

1.4%

EPS growth rate

Oil and Gas earnings growth5.3%
Revenue growth rate-4.7%
Future return on equity13.0%
Analyst coverage

Good

Last updated21 Dec 2024

Recent future growth updates

Recent updates

Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.9425

Dec 20
Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.9425

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

Dec 06
Enbridge (TSE:ENB) Is Paying Out A Larger Dividend Than Last Year

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

Dec 03
Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

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

Oct 20
Enbridge Inc.'s (TSE:ENB) Popularity With Investors Is Under Threat From Overpricing

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

Sep 10
Enbridge (TSE:ENB) Hasn't Managed To Accelerate Its Returns

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

Aug 26
Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

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

Jul 15
Is There An Opportunity With Enbridge Inc.'s (TSE:ENB) 50% Undervaluation?

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

May 21
Enbridge's (TSE:ENB) Solid Earnings May Rest On Weak Foundations

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

Apr 06
Enbridge Inc.'s (TSE:ENB) Business Is Yet to Catch Up With Its Share Price

Earnings and Revenue Growth Forecasts

TSX:ENB - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202640,7687,0507,35913,4756
12/31/202537,4086,8905,29213,5067
12/31/202443,3646,3305,82612,4867
9/30/202448,5546,2867,00112,750N/A
6/30/202443,5165,5257,55612,861N/A
3/31/202442,6125,5258,57813,486N/A
12/31/202343,6495,8399,32514,201N/A
9/30/202345,7753,0469,06714,002N/A
6/30/202347,5043,7938,13713,062N/A
3/31/202350,2872,3957,24212,157N/A
12/31/202253,3092,5896,40911,230N/A
9/30/202252,4055,4964,1519,507N/A
6/30/202252,2984,8993,3339,676N/A
3/31/202250,0315,8432,5619,631N/A
12/31/202147,0715,8161,1639,256N/A
9/30/202144,5595,7511,8729,620N/A
6/30/202142,2036,0592,6029,609N/A
3/31/202139,2116,3123,0089,536N/A
12/31/202039,0872,9834,1619,781N/A
9/30/202041,4311,9543,9489,520N/A
6/30/202043,9191,9134,6909,953N/A
3/31/202049,2262,0024,76110,031N/A
12/31/201950,0695,3223,7069,398N/A
9/30/201949,2795,6653,5739,908N/A
6/30/201949,0264,6262,0718,634N/A
3/31/201946,5083,9612,3939,484N/A
12/31/201846,3782,5153,15610,502N/A
9/30/201847,7051,6331,7279,342N/A
6/30/201845,5872,488N/A9,449N/A
3/31/201845,9582,336N/A8,076N/A
12/31/201744,3782,529N/A6,658N/A
9/30/201740,8272,687N/A6,373N/A
6/30/201740,0881,819N/A5,727N/A
3/31/201736,9111,201N/A5,126N/A
12/31/201634,5601,776N/A5,205N/A
9/30/201634,1361,789N/A4,925N/A
6/30/201633,9681,283N/A4,920N/A
3/31/201634,6601,559N/A4,911N/A
12/31/201533,794-37N/A4,571N/A
9/30/201533,677-327N/A4,475N/A
6/30/201533,654202N/A4,304N/A
3/31/201535,049381N/A3,755N/A
12/31/201437,6411,108N/A2,567N/A
9/30/201437,137749N/A2,672N/A
6/30/201437,8381,250N/A2,756N/A
3/31/201435,542536N/A2,881N/A
12/31/201332,918442N/A3,341N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENB's forecast earnings growth (7.3% per year) is above the savings rate (2.3%).

Earnings vs Market: ENB's earnings (7.3% per year) are forecast to grow slower than the Canadian market (15.5% 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 (-4.7% per year).

High Growth Revenue: ENB's revenue is forecast to decline over the next 3 years (-4.7% 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 (13%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 04:52
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Enbridge Inc. is covered by 46 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
John EadeArgus Research Company
null nullArgus Research Company