ENB

Enbridge Inc.

Fundamental data last updated:June 7, 2026

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company profile

SECTOR

Energy

industry

Oil & Gas Midstream

Exchange

NYSE

County of HQ

CA

Next Earnings Date

07/31/2026

Business Summary

Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines, and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.

 


VALUATION

P/E

15.60

Market Cap ($M USD)

$122.96B

Forward P/E

17.37

PEG

-1.70

PRICE TO SALES

2.05

PRICE TO BOOK

1.89

EV / EBITDA

14.37

5-Year Average P/E

Free Cash Flow Yield

1.38%

DCF Value

$41.36

Graham Number

$58.10

Price to FCF

72.67

EV to FCF

136.36

Earnings Yield

4.60%

FCF Yield

1.38%

DIVIDEND

Yield

4.87%

Annual Payout

$3.83

Payout Ratio

121.05%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$3.61

Next Year EPS Growth Estimate

$3.24

Next Year Revenue Growth Estimate

$6.45T

Return on Equity (ROE)

11.11%

FREE CASH FLOW

Operating Margin

16.47%

Debt-to-Equity

1.71

Piotroski F-Score

6

Altman Z-Score

0.72

Return on Invested Capital (ROIC)

4.81%

Current Ratio

0.81

Quick Ratio

0.73

Net Debt to EBITDA

6.71

Interest Coverage

2.30

Gross Profit margin

33.21%

FCF PER SHARE

$1.08

REVENUE PER SHARE

$38.30

Gainseekers Quantitative Analysis

Summary

Enbridge Inc. presents a mixed valuation picture. While the market cap is substantial, the stock has traded above its DCF value, suggesting a potential overvaluation. The Forward P/E of 14.72 indicates moderate growth expectations, yet the Altman Z-score of 0.69 raises red flags about financial distress risk. The Earnings Yield of 4.64% is modest, hinting at a fair return relative to its price. Overall, the market seems to price in stability but overlooks underlying financial vulnerabilities.

AI Exposure / Tech Reliance

Operating in the Oil & Gas Midstream sector, Enbridge is not directly exposed to rapid AI advancements. However, its infrastructure could benefit from tech-driven efficiencies in logistics and monitoring. The company’s resilience will depend on integrating these technologies to optimize operations.

The Bull Case

For value investors, Enbridge's appeal lies in its robust operating margin of 16.54% and a solid ROIC of 4.50%, indicating efficient capital use. The Piotroski F-Score of 6 suggests reasonable financial health, while the TTM yield of 5.08% offers attractive income. These metrics reflect a company with strong pricing power and the ability to generate consistent cash flow.

The Bear Case

Despite some strengths, Enbridge faces significant structural risks. The Price to FCF ratio of 75.44 and EV to FCF of 144.92 highlight poor cash flow efficiency. With a Net Debt to EBITDA of 7.20, the company is heavily leveraged, posing a risk in volatile markets. Additionally, trading near its 52-week high suggests potential technical overextension.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$46.86

Institutional Ownership %

1-Year Beta

0.81

Insider Buying % (6 Mo)

Distance to 52-Week High

3.80%

Distance to 52-Week Low

22.59%

EARNINGS SURPRISE %

2.90%

50-DAY SMA

$54.50

200-DAY SMA

$50.34

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.