Enbridge

ENB · TSX · CAD

$65.54−0.35%−$0.23

Close · October 2, 2026

At a glance

Revenue growth: +21.92%; 2025 vs 2024
Net income growth: +37.68%; 2025 vs 2024
Net margin: 11.5%; 2024: 10.2%

Financial data

Amounts in millions of CAD; per-share values in CAD; shares in millions.

Income statement · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total revenue	65,194	53,473	43,649	53,309	47,071	39,087	50,069	46,378	44,378	34,560
Cost of revenue	38,036	29,040	21,366	32,589	28,702	20,669	31,004	29,401	28,637	24,005
Gross profit	27,158	24,433	22,283	20,720	18,369	18,418	19,065	16,977	15,741	10,555
Selling, general and administrative	9,676	9,239	8,465	7,980	6,541	6,601	6,890	6,662	6,194	4,282
Operating income	11,821	10,027	9,205	8,423	7,976	8,105	8,784	7,069	6,384	4,033
EBIT	11,821	10,027	9,205	8,423	7,976	8,105	8,784	7,069	6,384	4,033
EBITDA	17,482	15,194	13,818	12,740	11,828	11,817	12,175	10,315	9,547	6,273
Interest expense	5,023	4,419	3,812	3,179	2,655	2,790	2,663	2,703	2,556	1,590
Pre-tax income	9,793	7,299	7,879	4,542	7,729	4,190	7,535	3,570	569	2,451
Income tax	2,004	1,668	1,821	1,604	1,415	774	1,708	237	-2,697	142
Net income	7,491	5,441	6,191	3,003	6,189	3,363	5,705	2,882	2,859	2,069
Net income to common shareholders	7,044	5,053	5,839	2,589	5,816	2,983	5,322	2,515	2,529	1,776
Basic EPS	3.23	2.34	2.84	1.28	2.87	1.48	2.64	1.46	1.66	1.95
Diluted EPS	3.22	2.34	2.84	1.28	2.87	1.48	2.63	1.46	1.65	1.93
Average shares (basic)	2,180	2,155	2,056	2,025	2,023	2,020	2,017	1,724	1,525	911
Average shares (diluted)	2,186	2,158	2,058	2,029	2,025	2,021	2,020	1,727	1,532	918
Dividend per share	3.77	3.66	3.55	3.44	3.34	3.24	2.95	2.68	2.41	2.12