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Companies / Energy / Enbridge Inc.
ENB

Enbridge Inc.

EnergyTransportation & Utilities
Ticker ENBCALGARY, A0Fiscal year ends DecemberBook value per share $29.85Diluted shares 2.2B

Enbridge Inc. (NYSE: ENB) is a North American energy infrastructure company that transports, stores and exports crude oil and other liquid hydrocarbons; owns natural gas pipelines, gathering, processing and storage facilities; operates gas utilities; and generates renewable power. Its customers include energy… From the company’s description.

In fiscal 2025, Enbridge Inc. reported revenue of CAD 65.19B, up 21.9% from fiscal 2024, and net income of CAD 7.79B. Its operating margin was 16.8%, and operations generated CAD 12.27B in cash. Over the twelve months to Jun 30, 2026, revenue was CAD 83.49B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$65.19BFY2025
+21.9% year over year
Last 12 mo $83.49B
16.81%FY2025
−1.2 percentage points
Last 12 mo 13.33%
$7.79BFY2025
+38.3% year over year
Last 12 mo $6.33B
12.75%FY2025
+4.3 percentage points
Last 12 mo 9.38%
Cash & financing
$12.27BFY2025
−2.6% year over year
Last 12 mo $12.43B
$3.30BFY2025
−44.0% year over year
Last 12 mo $1.67B
1.68FY2025
Was 1.54× a year earlier
Last 12 mo 1.72
2.2BFY2025
+1.3% year over year
Last 12 mo 2.2B

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Enbridge Inc. does

In the company’s own words

Enbridge Inc. (NYSE: ENB) is a North American energy infrastructure company that transports, stores and exports crude oil and other liquid hydrocarbons; owns natural gas pipelines, gathering, processing and storage facilities; operates gas utilities; and generates renewable power. Its customers include energy producers, refiners, residential, commercial and industrial utility users, and power buyers. The company reports four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. Liquids Pipelines operates pipeline and terminal systems across Canada and the United States, while Gas Transmission provides natural gas transportation and storage in both countries. Gas Distribution and Storage serves utility customers in Canada and the United States, and Renewable Power Generation focuses mainly on wind and solar, with geothermal assets in North America and Europe. In 2025, its liquids system delivered approximately six million barrels per day; its gas utility operations serve customers across multiple jurisdictions, including Ontario, Québec, Ohio, North Carolina, Utah, Wyoming and Idaho. Enbridge’s common shares are also listed in Toronto. Its website is https://www.enbridge.com.

Company details
Sector
Energy
Industry (SIC)
Transportation & Utilities
Headquarters
CALGARY, A0
Fiscal year end
December
CIK
895728
SIC
4610

Financial performance, year by year

Fiscal 2017–2025 · USD
$-8.35B$16.70B$41.75B$66.79B$91.84B201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Enbridge Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

316
funds hold it
0 of 35
superinvestors hold it
$13.08B
held by funds, at market
10.9%
of shares held by funds
115
bond issues held by funds

Largest fund holders · Enbridge Inc.’s weight in each

—of fund net assets
—of fund net assets
VANGUARD DEVELOPED MARKETS INDEX FUND
VEA · VANGUARD TAX-MANAGED FUNDS
0.37%of fund net assets
Fidelity SAI Canada Equity Index Fund
FSCJX · Fidelity Concord Street Trust
—of fund net assets
JPMorgan BetaBuilders Canada ETF
BBCA · J.P. Morgan Exchange-Traded Fund Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Enbridge Inc.’s bonds, as funds hold them

Funds report holding 115 issues of Enbridge Inc.’s debt, $7.42B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.19%, maturing 2026 to 2084.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Enbridge Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Enbridge Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Enbridge Inc.'s last four quarterly filings that the numbers alone won't show?”
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