ENBRIDGE INC (ENB) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:ENB • CA29250N1050
48.71 USD
+0.43 (+0.89%)
Last: Feb 3, 2026, 10:03 AM
ENB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 207 industry peers in the Oil, Gas & Consumable Fuels industry. ENB has a medium profitability rating, but doesn't score so well on its financial health evaluation. ENB is quite expensive at the moment. It does show a decent growth rate. Finally ENB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year ENB was profitable.
- In the past year ENB had a positive cash flow from operations.
- Each year in the past 5 years ENB has been profitable.
- ENB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- ENB has a Return On Assets of 2.59%. This is comparable to the rest of the industry: ENB outperforms 45.89% of its industry peers.
- The Return On Equity of ENB (8.61%) is comparable to the rest of the industry.
- ENB's Return On Invested Capital of 4.12% is on the low side compared to the rest of the industry. ENB is outperformed by 61.84% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ENB is significantly below the industry average of 21.94%.
- The 3 year average ROIC (3.99%) for ENB is below the current ROIC(4.12%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.59% | ||
| ROE | 8.61% | ||
| ROIC | 4.12% |
ROA(3y)2.33%
ROA(5y)2.46%
ROE(3y)7.16%
ROE(5y)7.18%
ROIC(3y)3.99%
ROIC(5y)4.01%
1.3 Margins
- The Profit Margin of ENB (8.74%) is comparable to the rest of the industry.
- ENB's Profit Margin has declined in the last couple of years.
- ENB has a Operating Margin of 16.91%. This is comparable to the rest of the industry: ENB outperforms 51.21% of its industry peers.
- ENB's Operating Margin has improved in the last couple of years.
- With a Gross Margin value of 41.11%, ENB perfoms like the industry average, outperforming 49.76% of the companies in the same industry.
- ENB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.91% | ||
| PM (TTM) | 8.74% | ||
| GM | 41.11% |
OM growth 3Y2.88%
OM growth 5Y2.35%
PM growth 3Y-8.55%
PM growth 5Y-2.33%
GM growth 3Y5.15%
GM growth 5Y4.19%
2. Health
2.1 Basic Checks
- ENB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for ENB has been increased compared to 1 year ago.
- The number of shares outstanding for ENB has been increased compared to 5 years ago.
- ENB has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.89, we must say that ENB is in the distress zone and has some risk of bankruptcy.
- ENB has a Altman-Z score (0.89) which is in line with its industry peers.
- The Debt to FCF ratio of ENB is 25.58, which is on the high side as it means it would take ENB, 25.58 years of fcf income to pay off all of its debts.
- ENB has a Debt to FCF ratio of 25.58. This is comparable to the rest of the industry: ENB outperforms 43.96% of its industry peers.
- A Debt/Equity ratio of 1.56 is on the high side and indicates that ENB has dependencies on debt financing.
- ENB has a worse Debt to Equity ratio (1.56) than 74.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 25.58 | ||
| Altman-Z | 0.89 |
ROIC/WACC0.58
WACC7.11%
2.3 Liquidity
- ENB has a Current Ratio of 0.80. This is a bad value and indicates that ENB is not financially healthy enough and could expect problems in meeting its short term obligations.
- ENB has a worse Current ratio (0.80) than 68.60% of its industry peers.
- ENB has a Quick Ratio of 0.80. This is a bad value and indicates that ENB is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of ENB (0.68) is worse than 67.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 7.43% over the past year.
- The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
- Looking at the last year, ENB shows a very strong growth in Revenue. The Revenue has grown by 32.29%.
- Measured over the past years, ENB shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
EPS 1Y (TTM)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%
3.2 Future
- ENB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.06% yearly.
- Based on estimates for the next years, ENB will show a small growth in Revenue. The Revenue will grow by 7.24% on average per year.
EPS Next Y4.67%
EPS Next 2Y5.39%
EPS Next 3Y6.44%
EPS Next 5Y7.06%
Revenue Next Year34.15%
Revenue Next 2Y15.77%
Revenue Next 3Y11.41%
Revenue Next 5Y7.24%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 22.98 indicates a rather expensive valuation of ENB.
- ENB's Price/Earnings ratio is in line with the industry average.
- The average S&P500 Price/Earnings ratio is at 28.41. ENB is around the same levels.
- The Price/Forward Earnings ratio is 21.38, which indicates a rather expensive current valuation of ENB.
- ENB's Price/Forward Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.64, ENB is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.98 | ||
| Fwd PE | 21.38 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ENB is valued a bit more expensive than 65.70% of the companies in the same industry.
- ENB's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.76 | ||
| EV/EBITDA | 14.89 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)4.92
PEG (5Y)20.75
EPS Next 2Y5.39%
EPS Next 3Y6.44%
5. Dividend
5.1 Amount
- ENB has a Yearly Dividend Yield of 5.84%, which is a nice return.
- ENB's Dividend Yield is a higher than the industry average which is at 3.64.
- ENB's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
5.2 History
- The dividend of ENB has a limited annual growth rate of 4.10%.
- ENB has paid a dividend for at least 10 years, which is a reliable track record.
- ENB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.1%
Div Incr Years24
Div Non Decr Years24
5.3 Sustainability
- ENB pays out 152.61% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of ENB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP152.61%
EPS Next 2Y5.39%
EPS Next 3Y6.44%
NYSE:ENB (2/3/2026, 10:03:09 AM)
48.71
+0.43 (+0.89%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-07 2025-11-07/bmo
Earnings (Next)02-13 2026-02-13/amc
Inst Owners55.5%
Inst Owner Change-2.46%
Ins Owners0.05%
Ins Owner Change0%
Market Cap106.25B
Revenue(TTM)64.23B
Net Income(TTM)5.61B
Analysts72.14
Price Target51.25 (5.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
Yearly Dividend2.84
Dividend Growth(5Y)4.1%
DP152.61%
Div Incr Years24
Div Non Decr Years24
Ex-Date02-17 2026-02-17 (0.97)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.44%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)1.65%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.31%
EPS beat(8)3
Avg EPS beat(8)-0.05%
EPS beat(12)4
Avg EPS beat(12)-1.22%
EPS beat(16)5
Avg EPS beat(16)-1.89%
Revenue beat(2)2
Avg Revenue beat(2)13.23%
Min Revenue beat(2)1.89%
Max Revenue beat(2)24.58%
Revenue beat(4)4
Avg Revenue beat(4)40.96%
Min Revenue beat(4)1.89%
Max Revenue beat(4)108.58%
Revenue beat(8)7
Avg Revenue beat(8)46.34%
Revenue beat(12)7
Avg Revenue beat(12)26.28%
Revenue beat(16)10
Avg Revenue beat(16)20.58%
PT rev (1m)-0.43%
PT rev (3m)3.19%
EPS NQ rev (1m)-0.54%
EPS NQ rev (3m)-2.03%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-3.4%
Revenue NQ rev (1m)0.38%
Revenue NQ rev (3m)6.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.98 | ||
| Fwd PE | 21.38 | ||
| P/S | 2.26 | ||
| P/FCF | 35.76 | ||
| P/OCF | 11.31 | ||
| P/B | 2.22 | ||
| P/tB | 5.75 | ||
| EV/EBITDA | 14.89 |
EPS(TTM)2.12
EY4.35%
EPS(NY)2.28
Fwd EY4.68%
FCF(TTM)1.36
FCFY2.8%
OCF(TTM)4.31
OCFY8.84%
SpS21.58
BVpS21.9
TBVpS8.48
PEG (NY)4.92
PEG (5Y)20.75
Graham Number32.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.59% | ||
| ROE | 8.61% | ||
| ROCE | 5.38% | ||
| ROIC | 4.12% | ||
| ROICexc | 4.14% | ||
| ROICexgc | 5.17% | ||
| OM | 16.91% | ||
| PM (TTM) | 8.74% | ||
| GM | 41.11% | ||
| FCFM | 6.31% |
ROA(3y)2.33%
ROA(5y)2.46%
ROE(3y)7.16%
ROE(5y)7.18%
ROIC(3y)3.99%
ROIC(5y)4.01%
ROICexc(3y)4.07%
ROICexc(5y)4.06%
ROICexgc(3y)5.22%
ROICexgc(5y)5.26%
ROCE(3y)5.22%
ROCE(5y)5.24%
ROICexgc growth 3Y-2.31%
ROICexgc growth 5Y-2.5%
ROICexc growth 3Y-1.04%
ROICexc growth 5Y-1.82%
OM growth 3Y2.88%
OM growth 5Y2.35%
PM growth 3Y-8.55%
PM growth 5Y-2.33%
GM growth 3Y5.15%
GM growth 5Y4.19%
F-Score5
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 25.58 | ||
| Debt/EBITDA | 6.2 | ||
| Cap/Depr | 157.09% | ||
| Cap/Sales | 13.65% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.99% | ||
| Profit Quality | 72.23% | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 0.89 |
F-Score5
WACC7.11%
ROIC/WACC0.58
Cap/Depr(3y)117.17%
Cap/Depr(5y)142.6%
Cap/Sales(3y)11.06%
Cap/Sales(5y)12.95%
Profit Quality(3y)173.15%
Profit Quality(5y)135.79%
High Growth Momentum
Growth
EPS 1Y (TTM)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
EPS Next Y4.67%
EPS Next 2Y5.39%
EPS Next 3Y6.44%
EPS Next 5Y7.06%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%
Revenue Next Year34.15%
Revenue Next 2Y15.77%
Revenue Next 3Y11.41%
Revenue Next 5Y7.24%
EBIT growth 1Y13.39%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year73.94%
EBIT Next 3Y24.05%
EBIT Next 5Y15.94%
FCF growth 1Y-55.29%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-8.43%
OCF growth 3Y10.83%
OCF growth 5Y6.04%
ENBRIDGE INC / ENB FAQ
What is the fundamental rating for ENB stock?
ChartMill assigns a fundamental rating of 4 / 10 to ENB.
What is the valuation status for ENB stock?
ChartMill assigns a valuation rating of 2 / 10 to ENBRIDGE INC (ENB). This can be considered as Overvalued.
What is the profitability of ENB stock?
ENBRIDGE INC (ENB) has a profitability rating of 5 / 10.
What is the expected EPS growth for ENBRIDGE INC (ENB) stock?
The Earnings per Share (EPS) of ENBRIDGE INC (ENB) is expected to grow by 4.67% in the next year.
Is the dividend of ENBRIDGE INC sustainable?
The dividend rating of ENBRIDGE INC (ENB) is 7 / 10 and the dividend payout ratio is 152.61%.