Enbridge's revenue is forecast to decline at 1.2% per annum while its annual earnings are expected to grow at 8.4% per year. EPS is expected to grow by 7.3% per annum. Return on equity is forecast to be 14.1% in 3 years.
Key information
8.4%
Earnings growth rate
7.31%
EPS growth rate
Oil and Gas earnings growth
7.8%
Revenue growth rate
-1.2%
Future return on equity
14.14%
Analyst coverage
Good
Last updated
19 May 2026
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
BMV:ENB N - Analysts future estimates and past financials data (CAD Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
68,863
8,332
8,911
15,625
7
12/31/2027
67,258
7,491
5,999
14,812
8
12/31/2026
67,491
6,580
3,232
13,190
8
3/31/2026
69,049
6,456
1,662
11,559
N/A
12/31/2025
65,194
7,044
3,105
12,270
N/A
9/30/2025
64,234
5,585
4,054
12,821
N/A
6/30/2025
64,477
6,224
4,875
12,926
N/A
3/31/2025
60,937
5,895
5,016
12,502
N/A
12/31/2024
53,473
5,053
5,670
12,600
N/A
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
N/A
9,398
N/A
9/30/2019
49,279
5,665
N/A
9,908
N/A
6/30/2019
49,026
4,626
N/A
8,634
N/A
3/31/2019
46,508
3,961
N/A
9,484
N/A
12/31/2018
46,378
2,515
N/A
10,502
N/A
9/30/2018
47,705
1,633
N/A
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
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ENB N's forecast earnings growth (8.4% per year) is below the savings rate (9%).
Earnings vs Market: ENB N's earnings (8.4% per year) are forecast to grow slower than the MX market (8.6% per year).
High Growth Earnings: ENB N's earnings are forecast to grow, but not significantly.
Revenue vs Market: ENB N's revenue is expected to decline over the next 3 years (-1.2% per year).
High Growth Revenue: ENB N's revenue is forecast to decline over the next 3 years (-1.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ENB N's Return on Equity is forecast to be low in 3 years time (14.1%).
Discover growth companies
7D
1Y
7D
1Y
7D
1Y
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/20 07:30
End of Day Share Price
2026/05/13 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Enbridge Inc. is covered by 47 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.