(ENB) Enbridge - Overview

Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA29250N1050

Stock: Pipelines, Gas Transmission, Gas Distribution, Renewable Energy

Total Rating 33
Risk 62
Buy Signal -0.35

EPS (Earnings per Share)

EPS (Earnings per Share) of ENB over the last years for every Quarter: "2020-12": 0.56, "2021-03": 0.81, "2021-06": 0.67, "2021-09": 0.59, "2021-12": 0.68, "2022-03": 0.84, "2022-06": 0.67, "2022-09": 0.67, "2022-12": 0.63, "2023-03": 0.85, "2023-06": 0.68, "2023-09": 0.62, "2023-12": 0.64, "2024-03": 0.92, "2024-06": 0.58, "2024-09": 0.59, "2024-12": 0.75, "2025-03": 1.03, "2025-06": 0.65, "2025-09": 0.46, "2025-12": 0,

Revenue

Revenue of ENB over the last years for every Quarter: 2020-12: 10008, 2021-03: 12137, 2021-06: 10948, 2021-09: 11466, 2021-12: 12520, 2022-03: 15097, 2022-06: 13215, 2022-09: 11573, 2022-12: 13424, 2023-03: 12075, 2023-06: 10432, 2023-09: 9844, 2023-12: 11298, 2024-03: 11038, 2024-06: 11336, 2024-09: 14882, 2024-12: 16217, 2025-03: 18502, 2025-06: 14876, 2025-09: 14639, 2025-12: null,

Dividends

Dividend Yield 5.92%
Yield on Cost 5y 13.97%
Yield CAGR 5y 0.24%
Payout Consistency 96.9%
Payout Ratio 94.5%
Risk 5d forecast
Volatility 16.0%
Relative Tail Risk 4.20%
Reward TTM
Sharpe Ratio 0.81
Alpha 11.12
Character TTM
Beta 0.183
Beta Downside 0.195
Drawdowns 3y
Max DD 19.23%
CAGR/Max DD 0.73

Description: ENB Enbridge January 27, 2026

Enbridge Inc. (NYSE: ENB) is a North-American energy-infrastructure firm organized into four operating segments: Liquids Pipelines, which moves crude oil and refined products across Canada and the U.S.; Gas Transmission & Midstream, which owns and expands natural-gas pipelines and processing facilities; Gas Distribution & Storage, which supplies residential, commercial and industrial gas customers in Ontario and Quebec; and Renewable Power Generation, which develops wind, solar, geothermal, waste-heat and transmission assets.

Key recent metrics (Q3 2024 data) illustrate the company’s current positioning: the Liquids Pipelines segment reported an 84 % utilization rate and generated $13.5 billion in adjusted EBITDA for 2023, while the Gas Transmission segment benefited from a 12 % rise in average natural-gas price to $2.70 /MMBtu, supporting a 7 % YoY increase in segment earnings. Enbridge’s renewable portfolio now totals roughly 2.5 GW of operating capacity, contributing about 2 % of total revenue, with a target to double that capacity by 2028. The firm continues to pay a dividend yielding ~7.5 % and has a credit rating of A- (S&P), reflecting its cash-flow stability but also its exposure to regulatory risk on pipeline expansions.

For a deeper quantitative breakdown of ENB’s risk-adjusted returns, the ValueRay platform offers a concise dashboard worth a look.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income: 6.03b TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -1.02 > 1.0
NWC/Revenue: -3.31% < 20% (prev -14.74%; Δ 11.43% < -1%)
CFO/TA 0.08 > 3% & CFO 12.12b > Net Income 6.03b
Net Debt (73.38b) to EBITDA (18.64b): 3.94 < 3
Current Ratio: 0.80 > 1.5 & < 3
Outstanding Shares: last quarter (2.19b) vs 12m ago 0.28% < -2%
Gross Margin: 35.13% > 18% (prev 0.38%; Δ 3474 % > 0.5%)
Asset Turnover: 35.53% > 50% (prev 23.60%; Δ 11.94% > 0%)
Interest Coverage Ratio: 2.68 > 6 (EBITDA TTM 18.64b / Interest Expense TTM 4.88b)

Altman Z'' 0.52

A: -0.01 (Total Current Assets 8.67b - Total Current Liabilities 10.80b) / Total Assets 155.79b
B: -0.09 (Retained Earnings -13.69b / Total Assets 155.79b)
C: 0.07 (EBIT TTM 13.06b / Avg Total Assets 180.78b)
D: 0.39 (Book Value of Equity 41.73b / Total Liabilities 106.38b)
Altman-Z'' Score: 0.52 = B

Beneish M -3.10

DSRI: 0.57 (Receivables 4.27b/5.67b, Revenue 64.23b/48.55b)
GMI: 1.09 (GM 35.13% / 38.45%)
AQI: 1.01 (AQ_t 0.34 / AQ_t-1 0.34)
SGI: 1.32 (Revenue 64.23b / 48.55b)
TATA: -0.04 (NI 6.03b - CFO 12.12b) / TA 155.79b)
Beneish M-Score: -3.10 (Cap -4..+1) = AA

What is the price of ENB shares?

As of January 30, 2026, the stock is trading at USD 49.24 with a total of 3,830,449 shares traded.
Over the past week, the price has changed by +3.71%, over one month by +3.16%, over three months by +7.00% and over the past year by +17.95%.

Is ENB a buy, sell or hold?

Enbridge has received a consensus analysts rating of 3.65. Therefor, it is recommend to hold ENB.
  • StrongBuy: 8
  • Buy: 2
  • Hold: 11
  • Sell: 1
  • StrongSell: 1

What are the forecasts/targets for the ENB price?

Issuer Target Up/Down from current
Wallstreet Target Price 57 15.7%
Analysts Target Price 57 15.7%
ValueRay Target Price 58.3 18.4%

ENB Fundamental Data Overview January 29, 2026

Market Cap CAD = 143.39b (106.01b USD * 1.3527 USD.CAD)
P/E Trailing = 26.1075
P/E Forward = 21.097
P/S = 1.6503
P/B = 2.4631
P/EG = 1.8363
Revenue TTM = 64.23b CAD
EBIT TTM = 13.06b CAD
EBITDA TTM = 18.64b CAD
Long Term Debt = 100.60b CAD (from longTermDebt, last quarter)
Short Term Debt = 2.23b CAD (from shortTermDebt, last quarter)
Debt = 74.46b CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 73.38b CAD (from netDebt column, last quarter)
Enterprise Value = 216.45b CAD (143.39b + Debt 74.46b - CCE 1.41b)
Interest Coverage Ratio = 2.68 (Ebit TTM 13.06b / Interest Expense TTM 4.88b)
EV/FCF = 52.84x (Enterprise Value 216.45b / FCF TTM 4.10b)
FCF Yield = 1.89% (FCF TTM 4.10b / Enterprise Value 216.45b)
FCF Margin = 6.38% (FCF TTM 4.10b / Revenue TTM 64.23b)
Net Margin = 9.38% (Net Income TTM 6.03b / Revenue TTM 64.23b)
Gross Margin = 35.13% ((Revenue TTM 64.23b - Cost of Revenue TTM 41.67b) / Revenue TTM)
Gross Margin QoQ = 42.02% (prev 33.13%)
Tobins Q-Ratio = 1.39 (Enterprise Value 216.45b / Total Assets 155.79b)
Interest Expense / Debt = 1.69% (Interest Expense 1.26b / Debt 74.46b)
Taxrate = 27.17% (316.0m / 1.16b)
NOPAT = 9.51b (EBIT 13.06b * (1 - 27.17%))
Current Ratio = 0.80 (Total Current Assets 8.67b / Total Current Liabilities 10.80b)
Debt / Equity = 1.59 (Debt 74.46b / totalStockholderEquity, last quarter 46.80b)
Debt / EBITDA = 3.94 (Net Debt 73.38b / EBITDA 18.64b)
Debt / FCF = 17.91 (Net Debt 73.38b / FCF TTM 4.10b)
Total Stockholder Equity = 61.60b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.33% (Net Income 6.03b / Total Assets 155.79b)
RoE = 9.78% (Net Income TTM 6.03b / Total Stockholder Equity 61.60b)
RoCE = 8.05% (EBIT 13.06b / Capital Employed (Equity 61.60b + L.T.Debt 100.60b))
RoIC = 5.88% (NOPAT 9.51b / Invested Capital 161.77b)
WACC = 4.76% (E(143.39b)/V(217.86b) * Re(6.59%) + D(74.46b)/V(217.86b) * Rd(1.69%) * (1-Tc(0.27)))
Discount Rate = 6.59% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 33.33 | Cagr: 1.43%
[DCF Debug] Terminal Value 87.27% ; FCFF base≈5.46b ; Y1≈6.04b ; Y5≈7.80b
Fair Price DCF = 71.78 (EV 230.07b - Net Debt 73.38b = Equity 156.70b / Shares 2.18b; r=5.90% [WACC]; 5y FCF grow 12.03% → 2.90% )
EPS Correlation: -42.36 | EPS CAGR: -50.27% | SUE: -4.0 | # QB: 0
Revenue Correlation: 38.14 | Revenue CAGR: 4.26% | SUE: 0.77 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.94 | Chg30d=-0.008 | Revisions Net=-2 | Analysts=4
EPS next Year (2026-12-31): EPS=3.07 | Chg30d=+0.002 | Revisions Net=-3 | Growth EPS=+4.5% | Growth Revenue=-4.3%

Additional Sources for ENB Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle