Enbridge financials
$46.65−0.68%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $47.50B | $37.26B | $32.94B | $39.29B | $47.07B | $39.09B | $50.07B | $46.38B | $44.38B | $34.56B |
| Gross profit | $19.79B | $17.03B | $16.82B | $15.27B | $18.37B | $18.42B | $19.07B | $16.98B | $15.74B | $10.55B |
| Gross margin | 41.7% | 45.7% | 51.1% | 38.9% | 39.0% | 47.1% | 38.1% | 36.6% | 35.5% | 30.5% |
| Operating income | $7.98B | $6.72B | $6.53B | $3.82B | $7.80B | $7.96B | $8.26B | $4.82B | $1.57B | $2.58B |
| Net income | $5.15B | $3.52B | $4.41B | $1.91B | $5.82B | $2.98B | $5.32B | $2.52B | $2.53B | $1.78B |
| Net margin | 10.8% | 9.4% | 13.4% | 4.9% | 12.4% | 7.6% | 10.6% | 5.4% | 5.7% | 5.1% |
| Diluted EPS | $2.35 | $1.63 | $2.14 | $0.94 | $2.87 | $1.48 | $2.63 | $1.46 | $1.65 | $1.93 |
| EBITDA | $12.52B | $10.46B | $10.33B | $9.21B | $11.66B | $11.67B | $12.07B | $10.19B | $9.30B | $6.20B |
| Operating cash flow | $8.94B | $8.78B | $10.72B | $8.28B | $9.26B | $9.78B | $9.40B | $10.50B | $6.66B | $5.21B |
| Free cash flow | $2.40B | $4.10B | $7.21B | $4.85B | $1.44B | $4.38B | $3.91B | $3.70B | -$1.63B | $77.0M |
| Diluted shares | 2,186.0M | 2,158.0M | 2,058.0M | 2,029.0M | 2,025.0M | 2,021.0M | 2,020.0M | 1,727.0M | 1,532.0M | 918.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $797.1M | $1.26B | $4.45B | $861.0M | $286.0M | $452.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $77.37B | $71.71B | $62.01B | $81.74B | $76.33B | $67.55B |
| Total assets | $159.17B | $152.59B | $136.09B | $179.61B | $168.86B | $160.28B |
| Total liabilities | $111.14B | $104.58B | $87.42B | $116.21B | $105.50B | $95.91B |
| Shareholders' equity | $47.49B | $48.01B | $48.67B | $63.40B | $63.37B | $64.36B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology