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 growth8.0%
Revenue growth rate-4.7%
Future return on equity13.0%
Analyst coverage

Good

Last updated21 Dec 2024

Recent future growth updates

Recent updates

Enbridge: 6.6-7% Yielding Preferred Shares While Common Stock Provides Capital Gains Exposure

Dec 28

Enbridge: Dividend Champion Deeply Undervalued

Dec 22

Enbridge: My Second Largest Investment For Double Digit Compounding

Dec 13

Enbridge: Dividend Play For Retirees And Income Investors, Yielding Over 6%

Nov 26

Enbridge: You 'Ain't Seen Nothing Yet'

Nov 10

Enbridge: Time To Lock In A 7% Yield In U.S. Dollars

Nov 02

Enbridge: Valuations Starting To Look Frothy (Rating Downgrade)

Oct 08

Enbridge: This 6.5%-Yielding Dividend Aristocrat Is Still Buyable Now

Oct 01

Enbridge's New Preferred Shares Yield 8.65%, But I'm Not Interested

Sep 14

Enbridge: A Fat Pitch 7.0% Yield With A Growth Catalyst

Sep 04

Enbridge: A Buy Above, A Hold Below 8% Yield

Aug 26

Enbridge Dividend Yield Supported By Strong Expansion

Aug 18

Enbridge: I'd Like To Lock In A 7.4% Preferred Dividend Yield

Aug 04

Enbridge And Our Digital Future

Jun 20

Enbridge: A 7.5% Yielding Buy And Hold Forever Dividend Aristocrat

Jun 07

Enbridge: The Bullish Case Remains Intact

May 27

Enbridge: A Leading Midstream Opportunity That You Shouldn't Ignore

May 20

Enbridge: Buying More Of This 7%-Yielding Aristocrat For My Portfolio

May 13

Enbridge: The Goldilocks Stock With Catalysts

Apr 26

Enbridge: The Dip Is An Opportunity For Appreciation And Income As The Dividend Approaches 8%

Apr 19

Buy These 2 Very High Yielding Preferred Stock Bargains From Enbridge

Apr 04

Earnings and Revenue Growth Forecasts

NYSE:ENB - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202736,1617,6108,88412,7562
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

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENB's forecast earnings growth (7.3% per year) is above the savings rate (2.6%).

Earnings vs Market: ENB's earnings (7.3% per year) are forecast to grow slower than the US market (14.9% 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 Analysis2025/01/02 05:17
End of Day Share Price 2025/01/02 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.

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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