ENBRIDGE INC (ENB) Stock Fundamental Analysis
NYSE:ENB • CA29250N1050
50.89 USD
-0.55 (-1.07%)
At close: Feb 18, 2026
50.89 USD
0 (0%)
After Hours: 2/18/2026, 4:04:04 PM
ENB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 206 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB while its profitability can be described as average. 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
- ENB had positive earnings in the past year.
- In the past year ENB had a positive cash flow from operations.
- Each year in the past 5 years ENB has been profitable.
- Each year in the past 5 years ENB had a positive operating cash flow.
1.2 Ratios
- With a Return On Assets value of 3.24%, ENB perfoms like the industry average, outperforming 50.49% of the companies in the same industry.
- ENB has a Return On Equity of 11.35%. This is in the better half of the industry: ENB outperforms 67.48% of its industry peers.
- ENB has a Return On Invested Capital of 4.46%. This is in the lower half of the industry: ENB underperforms 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 21.98%.
- 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
- With a decent Profit Margin value of 10.85%, ENB is doing good in the industry, outperforming 60.68% of the companies in the same industry.
- In the last couple of years the Profit Margin of ENB has grown nicely.
- With a Operating Margin value of 17.37%, ENB perfoms like the industry average, outperforming 51.94% of the companies in the same industry.
- In the last couple of years the Operating Margin of ENB has declined.
- ENB's Gross Margin of 41.37% is in line compared to the rest of the industry. ENB outperforms 50.49% of its industry peers.
- 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.
- Compared to 1 year ago, ENB has about the same amount of shares outstanding.
- The number of shares outstanding for ENB has been increased compared to 5 years ago.
- Compared to 1 year ago, ENB has a worse debt to assets ratio.
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's Altman-Z score of 0.88 is in line compared to the rest of the industry. ENB outperforms 44.66% of its industry peers.
- 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 has a Debt to FCF ratio of 33.90. This is comparable to the rest of the industry: ENB outperforms 42.23% of its industry peers.
- ENB has a Debt/Equity ratio of 1.61. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 1.61, ENB is not doing good in the industry: 74.76% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 33.9 | ||
| Altman-Z | 0.88 |
ROIC/WACC0.71
WACC6.32%
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.
- ENB's Current ratio of 0.63 is on the low side compared to the rest of the industry. ENB is outperformed by 77.18% 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's Quick ratio of 0.55 is on the low side compared to the rest of the industry. ENB is outperformed by 77.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 7.86% over the past year.
- ENB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.44% yearly.
- The Revenue has grown by 21.92% in the past year. This is a very strong growth!
- The Revenue has been growing by 10.77% on average over the past years. This is quite good.
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.
- Based on estimates for the next years, ENB will show a small growth in Revenue. The Revenue will grow by 1.12% on average per year.
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
- 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 23.03 indicates a rather expensive valuation of ENB.
- The rest of the industry has a similar Price/Earnings ratio as ENB.
- Compared to an average S&P500 Price/Earnings ratio of 27.16, ENB is valued at the same level.
- A Price/Forward Earnings ratio of 22.35 indicates a rather expensive valuation of ENB.
- The rest of the industry has a similar Price/Forward Earnings ratio as ENB.
- The average S&P500 Price/Forward Earnings ratio is at 28.10. ENB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.03 | ||
| Fwd PE | 22.35 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ENB is valued a bit more expensive than the industry average as 64.56% of the companies are valued more cheaply.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENB is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.83 | ||
| EV/EBITDA | 15.08 |
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)7.75
PEG (5Y)5.18
EPS Next 2Y5.74%
EPS Next 3Y8.03%
5. Dividend
5.1 Amount
- ENB has a Yearly Dividend Yield of 5.29%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.57, 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 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.29% |
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 their dividend for at least 10 years, which is a reliable track record.
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.
- ENB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP122.16%
EPS Next 2Y5.74%
EPS Next 3Y8.03%
50.89
-0.55 (-1.07%)
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 Cap111.03B
Revenue(TTM)65.19B
Net Income(TTM)7.07B
Analysts72.14
Price Target52.12 (2.42%)
Short Float %0.75%
Short Ratio3.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.29% |
Yearly Dividend2.9
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 | 23.03 | ||
| Fwd PE | 22.35 | ||
| P/S | 2.33 | ||
| P/FCF | 48.83 | ||
| P/OCF | 12.36 | ||
| P/B | 2.43 | ||
| P/tB | 6.58 | ||
| EV/EBITDA | 15.08 |
EPS(TTM)2.21
EY4.34%
EPS(NY)2.28
Fwd EY4.47%
FCF(TTM)1.04
FCFY2.05%
OCF(TTM)4.12
OCFY8.09%
SpS21.88
BVpS20.92
TBVpS7.74
PEG (NY)7.75
PEG (5Y)5.18
Graham Number32.25
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
WACC6.32%
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%.