# Enbridge Inc: overview

ENB · NYSE · CIK 895728 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/enb.md) · [Financials](/companies/enb/financials.md) · [Filings](/companies/enb/filings.md) · [Insiders](/companies/enb/insiders.md)

Latest reported revenue: [CAD 6.59bn](/filings/0001193125-26-326752.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 31, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-326752).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [5.7](/filings/0001193125-25-270991.md) | [16.2](/filings/0001193125-26-049810.md) | [8.8](/filings/0001193125-26-213266.md) | [6.5](/filings/0001193125-26-326752.md) | [6.1](/filings/0001193125-25-270991.md) | [17.2](/filings/0001193125-26-049810.md) | [9.0](/filings/0001193125-26-213266.md) | [6.6](/filings/0001193125-26-326752.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [38.7%](/filings/0001193125-26-049810.md) | [15.1%](/filings/0001193125-26-049810.md) | [41.8%](/filings/0001193125-26-213266.md) | [35.2%](/filings/0001193125-26-326752.md) | [36.9%](/filings/0001193125-26-049810.md) | [15.9%](/filings/0001193125-26-049810.md) | [36.0%](/filings/0001193125-26-213266.md) | [44.1%](/filings/0001193125-26-326752.md) |
| Net margin | % | [24.3%](/filings/0001193125-26-049810.md) | [3.7%](/filings/0001193125-26-049810.md) | [26.9%](/filings/0001193125-26-213266.md) | [35.0%](/filings/0001193125-26-326752.md) | [12.8%](/filings/0001193125-26-049810.md) | [12.0%](/filings/0001193125-26-049810.md) | [19.8%](/filings/0001193125-26-213266.md) | [22.8%](/filings/0001193125-26-326752.md) |
| Diluted EPS | $ per share | [0.59](/filings/0001193125-26-049810.md) | [0.23](/filings/0001193125-26-049810.md) | [1.03](/filings/0001193125-26-213266.md) | [1.00](/filings/0001193125-26-326752.md) | [0.30](/filings/0001193125-26-049810.md) | [0.89](/filings/0001193125-26-049810.md) | [0.76](/filings/0001193125-26-213266.md) | [0.64](/filings/0001193125-26-326752.md) |
| Free cash flow | $bn | [1.3 d](/filings/0001193125-25-270991.md) | [1.1 d](/filings/0001193125-26-049810.md) | [1.3](/filings/0001193125-26-213266.md) | [1.3 d](/filings/0001193125-26-326752.md) | [0.5 d](/filings/0001193125-25-270991.md) | [0.1 d](/filings/0001193125-26-049810.md) | [(0.1)](/filings/0001193125-26-213266.md) | [1.1 d](/filings/0001193125-26-326752.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [19.4](/filings/0000895728-24-000007.md) | [23.9](/filings/0000895728-25-000006.md) | [24.1](/filings/0001193125-26-049810.md) | [25.9](/filings/0001193125-26-049810.md) | [29.3](/filings/0001193125-26-049810.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [40.2%](/filings/0000895728-24-000007.md) | [21.7%](/filings/0000895728-25-000006.md) | [35.9%](/filings/0001193125-26-049810.md) | [37.3%](/filings/0001193125-26-049810.md) | [37.4%](/filings/0001193125-26-049810.md) |
| Net margin | % | [31.8%](/filings/0000895728-24-000007.md) | [12.6%](/filings/0000895728-25-000006.md) | [25.7%](/filings/0001193125-26-049810.md) | [21.0%](/filings/0001193125-26-049810.md) | [25.5%](/filings/0001193125-26-049810.md) |
| Diluted EPS | $ per share | [2.87](/filings/0000895728-24-000007.md) | [1.28](/filings/0000895728-25-000006.md) | [2.84](/filings/0001193125-26-049810.md) | [2.34](/filings/0001193125-26-049810.md) | [3.22](/filings/0001193125-26-049810.md) |
| Free cash flow | $bn | [1.4](/filings/0000895728-24-000007.md) | [6.6](/filings/0000895728-25-000006.md) | [9.5](/filings/0001193125-26-049810.md) | [5.9](/filings/0001193125-26-049810.md) | [3.3](/filings/0001193125-26-049810.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/enb/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [ROYAL BANK OF CANADA](/funds/1000275.md) | 2026-06-30 | $5.88bn | 108,387,706 |  | Added +5,724,259 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $3.40bn | 62,781,529 |  | Added +869,944 |
| [BANK OF MONTREAL /CAN/](/funds/927971.md) | 2026-06-30 | $3.33bn | 61,486,532 |  | Added +4,282,342 |
| [GQG Partners LLC](/funds/1697233.md) | 2026-06-30 | $2.66bn | 49,084,876 |  | Reduced −27,341,904 |
| [DEUTSCHE BANK AG\\](/funds/948046.md) | 2026-06-30 | $1.85bn | 34,135,814 |  | Reduced −442,537 |
| [TD Asset Management Inc](/funds/1056053.md) | 2026-06-30 | $1.70bn | 31,276,338 |  | Reduced −8,400,831 |
| [MACKENZIE FINANCIAL CORP](/funds/919859.md) | 2026-06-30 | $1.63bn | 21,151,328 |  | Added +721,959 |
| [1832 Asset Management L.P.](/funds/944388.md) | 2026-06-30 | $1.55bn | 28,620,616 |  | Reduced −450,453 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $1.40bn | 25,099,241 |  | Added +2,895,805 |
| [CIBC WORLD MARKET INC.](/funds/1421224.md) | 2026-06-30 | $1.40bn | 25,754,086 |  | Added +428,443 |

## Recent filings

[All 1,051 filings](/companies/enb/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-14 | 08:26 ET | [8-K](/filings/0001104659-26-107292.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-107292 |
| 2026-09-09 | 17:26 ET | [8-K](/filings/0001104659-26-106404.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-106404 |
| 2026-09-09 | 16:23 ET | [8-K](/filings/0001104659-26-106344.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-106344 |
| 2026-09-08 | 16:04 ET | [8-K](/filings/0001104659-26-105899.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-105899 |
| 2026-07-31 | 07:05 ET | [10-Q](/filings/0001193125-26-326752.md) | Quarterly report, period 2026-06-30 | 0001193125-26-326752 |
| 2026-07-31 | 07:01 ET | [8-K](/filings/0001193125-26-326744.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-326744 |
| 2026-05-08 | 07:05 ET | [10-Q](/filings/0001193125-26-213266.md) | Quarterly report, period 2026-03-31 | 0001193125-26-213266 |
| 2026-05-08 | 07:01 ET | [8-K](/filings/0001193125-26-213263.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-213263 |
| 2026-05-07 | 16:18 ET | [8-K](/filings/0001193125-26-212007.md) | 1.01 Entry into a material agreement; 3.03 Change to security holders’ rights; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001193125-26-212007 |
| 2026-03-27 | 16:16 ET | [8-K](/filings/0001104659-26-036134.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-036134 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-049810.md), filed Feb 13, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/39f14020-f5dd-41bf-8cfd-2e4b8ef204fb)

## About the filer

- CIK: 895728
- Tickers: ENB, EBBNF, EBBGF, EBGEF, EBRGF, EBRZF, ENBFF, ENBGF, ENBHF, ENBMF, ENBNF, ENBOF, ENBRF, ENBSF, ENFFF, ENNPF
- Exchange: NYSE
- SIC code: 4610 Pipe Lines (No Natural Gas)
- State of incorporation: A0
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:27 ET. No prices; not investment advice.