ENBRIDGE INC (ENB) Stock Fundamental Analysis
NYSE:ENB • CA29250N1050
51.52 USD
-0.07 (-0.14%)
At close: Feb 20, 2026
52 USD
+0.48 (+0.93%)
After Hours: 2/20/2026, 7:30:01 PM
Taking everything into account, ENB scores 4 out of 10 in our fundamental rating. ENB was compared to 206 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. ENB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year ENB was profitable.
- ENB had a positive operating cash flow in the past year.
- 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 3.24%. This is comparable to the rest of the industry: ENB outperforms 50.49% of its industry peers.
- Looking at the Return On Equity, with a value of 11.35%, ENB is in the better half of the industry, outperforming 67.48% of the companies in the same industry.
- ENB's Return On Invested Capital of 4.46% is on the low side compared to the rest of the industry. ENB is outperformed by 60.68% of its industry peers.
- ENB had an Average Return On Invested Capital over the past 3 years of 4.22%. This is significantly below the industry average of 21.97%.
- The 3 year average ROIC (4.22%) for ENB is below the current ROIC(4.46%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.24% | ||
| ROE | 11.35% | ||
| ROIC | 4.46% |
ROA(3y)2.93%
ROA(5y)2.73%
ROE(3y)9.5%
ROE(5y)8.48%
ROIC(3y)4.22%
ROIC(5y)4.15%
1.3 Margins
- ENB has a Profit Margin of 10.85%. This is in the better half of the industry: ENB outperforms 60.68% of its industry peers.
- In the last couple of years the Profit Margin of ENB has grown nicely.
- ENB has a Operating Margin of 17.37%. This is comparable to the rest of the industry: ENB outperforms 51.94% of its industry peers.
- In the last couple of years the Operating Margin of ENB has declined.
- Looking at the Gross Margin, with a value of 41.37%, ENB is in line with its industry, outperforming 50.49% of the companies in the same industry.
- In the last couple of years the Gross Margin of ENB has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.37% | ||
| PM (TTM) | 10.85% | ||
| GM | 41.37% |
OM growth 3Y3.99%
OM growth 5Y-2.63%
PM growth 3Y30.72%
PM growth 5Y7.29%
GM growth 3Y1.93%
GM growth 5Y-2.35%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB is destroying value.
- ENB has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, ENB has more shares outstanding
- ENB has a worse debt/assets ratio than last year.
2.2 Solvency
- ENB has an Altman-Z score of 0.88. This is a bad value and indicates that ENB is not financially healthy and even has some risk of bankruptcy.
- ENB has a Altman-Z score (0.88) which is comparable to the rest of the industry.
- The Debt to FCF ratio of ENB is 33.90, which is on the high side as it means it would take ENB, 33.90 years of fcf income to pay off all of its debts.
- ENB's Debt to FCF ratio of 33.90 is in line compared to the rest of the industry. ENB outperforms 42.23% of its industry peers.
- A Debt/Equity ratio of 1.61 is on the high side and indicates that ENB has dependencies on debt financing.
- ENB's Debt to Equity ratio of 1.61 is on the low side compared to the rest of the industry. ENB is outperformed by 74.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 33.9 | ||
| Altman-Z | 0.88 |
ROIC/WACC0.71
WACC6.33%
2.3 Liquidity
- ENB has a Current Ratio of 0.63. 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 Current ratio of ENB (0.63) is worse than 77.67% of its industry peers.
- ENB has a Quick Ratio of 0.63. 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 Quick ratio of 0.55. This is in the lower half of the industry: ENB underperforms 77.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
- ENB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.86%.
- Measured over the past 5 years, ENB shows a small growth in Earnings Per Share. The EPS has been growing by 4.44% on average per year.
- The Revenue has grown by 21.92% in the past year. This is a very strong growth!
- Measured over the past years, ENB shows a quite strong growth in Revenue. The Revenue has been growing by 10.77% on average per year.
EPS 1Y (TTM)7.86%
EPS 3Y2.43%
EPS 5Y4.44%
EPS Q2Q%17.33%
Revenue 1Y (TTM)21.92%
Revenue growth 3Y6.94%
Revenue growth 5Y10.77%
Sales Q2Q%5.92%
3.2 Future
- Based on estimates for the next years, ENB will show a small growth in Earnings Per Share. The EPS will grow by 5.83% on average per year.
- ENB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.12% yearly.
EPS Next Y2.97%
EPS Next 2Y5.74%
EPS Next 3Y8.03%
EPS Next 5Y5.83%
Revenue Next Year-1.15%
Revenue Next 2Y0.83%
Revenue Next 3Y0.21%
Revenue Next 5Y1.12%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 23.42, ENB is valued on the expensive side.
- Compared to the rest of the industry, the Price/Earnings ratio of ENB is on the same level as its industry peers.
- ENB is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 22.71, which indicates a rather expensive current valuation of ENB.
- ENB's Price/Forward Earnings ratio is in line with the industry average.
- ENB is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.42 | ||
| Fwd PE | 22.71 |
4.2 Price Multiples
- 64.08% of the companies in the same industry are cheaper than ENB, based on the Enterprise Value to EBITDA ratio.
- The rest of the industry has a similar Price/Free Cash Flow ratio as ENB.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 49.61 | ||
| EV/EBITDA | 15.14 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ENB does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)7.88
PEG (5Y)5.27
EPS Next 2Y5.74%
EPS Next 3Y8.03%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.15%, ENB is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.55, ENB pays a bit more dividend than its industry peers.
- ENB's Dividend Yield is rather good when compared to the S&P500 average which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.15% |
5.2 History
- The dividend of ENB has a limited annual growth rate of 2.95%.
- ENB has been paying a dividend for at least 10 years, so it has a reliable track record.
- ENB has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.95%
Div Incr Years24
Div Non Decr Years24
5.3 Sustainability
- 122.16% of the earnings are spent on dividend by ENB. This is not a sustainable payout ratio.
- The dividend of ENB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP122.16%
EPS Next 2Y5.74%
EPS Next 3Y8.03%
51.52
-0.07 (-0.14%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-13 2026-02-13/bmo
Earnings (Next)05-07 2026-05-07/bmo
Inst Owners55.5%
Inst Owner Change-1.4%
Ins Owners0.05%
Ins Owner Change0%
Market Cap112.40B
Revenue(TTM)65.19B
Net Income(TTM)7.07B
Analysts72.14
Price Target52.12 (1.16%)
Short Float %0.75%
Short Ratio3.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.15% |
Yearly Dividend2.89
Dividend Growth(5Y)2.95%
DP122.16%
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)0.59%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.62%
EPS beat(4)3
Avg EPS beat(4)4.97%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.62%
EPS beat(8)4
Avg EPS beat(8)2.41%
EPS beat(12)5
Avg EPS beat(12)1.05%
EPS beat(16)6
Avg EPS beat(16)-0.39%
Revenue beat(2)2
Avg Revenue beat(2)1.4%
Min Revenue beat(2)0.91%
Max Revenue beat(2)1.89%
Revenue beat(4)4
Avg Revenue beat(4)14.04%
Min Revenue beat(4)0.91%
Max Revenue beat(4)28.78%
Revenue beat(8)8
Avg Revenue beat(8)48.45%
Revenue beat(12)8
Avg Revenue beat(12)26.69%
Revenue beat(16)10
Avg Revenue beat(16)20.02%
PT rev (1m)1.27%
PT rev (3m)5.62%
EPS NQ rev (1m)-0.22%
EPS NQ rev (3m)-1.3%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-2.87%
Revenue NQ rev (1m)0.38%
Revenue NQ rev (3m)6.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.42 | ||
| Fwd PE | 22.71 | ||
| P/S | 2.36 | ||
| P/FCF | 49.61 | ||
| P/OCF | 12.55 | ||
| P/B | 2.47 | ||
| P/tB | 6.68 | ||
| EV/EBITDA | 15.14 |
EPS(TTM)2.2
EY4.27%
EPS(NY)2.27
Fwd EY4.4%
FCF(TTM)1.04
FCFY2.02%
OCF(TTM)4.1
OCFY7.97%
SpS21.8
BVpS20.85
TBVpS7.71
PEG (NY)7.88
PEG (5Y)5.27
Graham Number32.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.24% | ||
| ROE | 11.35% | ||
| ROCE | 5.73% | ||
| ROIC | 4.46% | ||
| ROICexc | 4.49% | ||
| ROICexgc | 5.6% | ||
| OM | 17.37% | ||
| PM (TTM) | 10.85% | ||
| GM | 41.37% | ||
| FCFM | 4.76% |
ROA(3y)2.93%
ROA(5y)2.73%
ROE(3y)9.5%
ROE(5y)8.48%
ROIC(3y)4.22%
ROIC(5y)4.15%
ROICexc(3y)4.29%
ROICexc(5y)4.2%
ROICexgc(3y)5.45%
ROICexgc(5y)5.39%
ROCE(3y)5.41%
ROCE(5y)5.33%
ROICexgc growth 3Y2.49%
ROICexgc growth 5Y0.68%
ROICexc growth 3Y3.74%
ROICexc growth 5Y1.66%
OM growth 3Y3.99%
OM growth 5Y-2.63%
PM growth 3Y30.72%
PM growth 5Y7.29%
GM growth 3Y1.93%
GM growth 5Y-2.35%
F-Score6
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 33.9 | ||
| Debt/EBITDA | 5.9 | ||
| Cap/Depr | 161.9% | ||
| Cap/Sales | 14.06% | ||
| Interest Coverage | 2.3 | ||
| Cash Conversion | 72.25% | ||
| Profit Quality | 43.91% | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 0.88 |
F-Score6
WACC6.33%
ROIC/WACC0.71
Cap/Depr(3y)133.91%
Cap/Depr(5y)144.7%
Cap/Sales(3y)12.73%
Cap/Sales(5y)12.89%
Profit Quality(3y)105.27%
Profit Quality(5y)116.67%
High Growth Momentum
Growth
EPS 1Y (TTM)7.86%
EPS 3Y2.43%
EPS 5Y4.44%
EPS Q2Q%17.33%
EPS Next Y2.97%
EPS Next 2Y5.74%
EPS Next 3Y8.03%
EPS Next 5Y5.83%
Revenue 1Y (TTM)21.92%
Revenue growth 3Y6.94%
Revenue growth 5Y10.77%
Sales Q2Q%5.92%
Revenue Next Year-1.15%
Revenue Next 2Y0.83%
Revenue Next 3Y0.21%
Revenue Next 5Y1.12%
EBIT growth 1Y15.61%
EBIT growth 3Y11.21%
EBIT growth 5Y7.86%
EBIT Next Year58.19%
EBIT Next 3Y20.9%
EBIT Next 5Y13.83%
FCF growth 1Y-45.24%
FCF growth 3Y-21.46%
FCF growth 5Y-5.69%
OCF growth 1Y-2.62%
OCF growth 3Y3%
OCF growth 5Y4.64%
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 2.97% 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 122.16%.