Enbridge Inc.

TSX:ENB Stock Report

Market Cap: CA$129.0b

Enbridge Past Earnings Performance

Past criteria checks 5/6

Enbridge has been growing earnings at an average annual rate of 5.4%, while the Oil and Gas industry saw earnings growing at 39.1% annually. Revenues have been growing at an average rate of 0.5% per year. Enbridge's return on equity is 9.6%, and it has net margins of 12.9%.

Key information

5.4%

Earnings growth rate

4.3%

EPS growth rate

Oil and Gas Industry Growth42.1%
Revenue growth rate0.5%
Return on equity9.6%
Net Margin12.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

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

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

Recent updates

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

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

Mar 01
Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

Revenue & Expenses Breakdown

How Enbridge makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:ENB Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2448,5546,2869,0360
30 Jun 2443,5165,5258,8200
31 Mar 2442,6125,5258,5540
31 Dec 2343,6495,8398,4650
30 Sep 2345,7753,0468,2170
30 Jun 2347,5043,7938,2260
31 Mar 2350,2872,3958,1670
31 Dec 2253,3092,5897,9800
30 Sep 2252,4055,4967,5920
30 Jun 2252,2984,8997,2360
31 Mar 2250,0315,8436,7920
31 Dec 2147,0715,8166,5410
30 Sep 2144,5595,7516,6010
30 Jun 2142,2036,0596,4850
31 Mar 2139,2116,3126,5640
31 Dec 2039,0872,9836,6010
30 Sep 2041,4311,9546,5020
30 Jun 2043,9191,9136,6870
31 Mar 2049,2262,0026,8160
31 Dec 1950,0695,3226,8900
30 Sep 1949,2795,6656,8170
30 Jun 1949,0264,6266,7310
31 Mar 1946,5083,9616,7370
31 Dec 1846,3782,5156,6620
30 Sep 1847,7051,6336,3540
30 Jun 1845,5872,4886,3050
31 Mar 1845,9582,3366,2400
31 Dec 1744,3782,5296,1940
30 Sep 1740,8272,6875,9100
30 Jun 1740,0881,8195,4030
31 Mar 1736,9111,2014,7830
31 Dec 1634,5601,7764,2820
30 Sep 1634,1361,7894,2950
30 Jun 1633,9681,2834,2910
31 Mar 1634,6601,5594,1990
31 Dec 1533,794-374,1310
30 Sep 1533,677-3273,9330
30 Jun 1533,6542023,6410
31 Mar 1535,0493813,5270
31 Dec 1437,6411,1083,2810
30 Sep 1437,1377493,1520
30 Jun 1437,8381,2503,1130
31 Mar 1435,5425363,0950
31 Dec 1332,9184423,0140

Quality Earnings: ENB has high quality earnings.

Growing Profit Margin: ENB's current net profit margins (12.9%) are higher than last year (6.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ENB's earnings have grown by 5.4% per year over the past 5 years.

Accelerating Growth: ENB's earnings growth over the past year (106.4%) exceeds its 5-year average (5.4% per year).

Earnings vs Industry: ENB earnings growth over the past year (106.4%) exceeded the Oil and Gas industry -20.2%.

Return on Equity

High ROE: ENB's Return on Equity (9.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 05:12
End of Day Share Price 2024/12/17 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