Enbridge revenue and financials
Secondary listing. The primary listing is Enbridge · TSX (CAD)
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In the fiscal year ended December 2025, Enbridge reported revenue of $65.19B (+21.92% year over year). Net income was $7.49B, a net margin of 11.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
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.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 231,647 | 228,201 | 218,475 | 216,973 | 211,592 | 220,045 | 218,973 | 205,773 | 201,263 | 190,713 | 180,317 | 178,410 |
| Current assets | 17,720 | 18,859 | 13,195 | 12,080 | 11,072 | 13,598 | 13,163 | 11,895 | 12,499 | 10,012 | 14,399 | 11,131 |
| Cash and equivalents | 2,012 | 1,635 | 1,094 | 1,408 | 1,203 | 2,087 | 1,803 | 1,875 | 3,586 | 1,214 | 5,901 | 2,608 |
| Receivables | 9,940 | 10,547 | 7,513 | 5,945 | 5,528 | 7,717 | 7,385 | 5,668 | 4,852 | 5,005 | 4,842 | 4,161 |
| Inventory | 1,595 | 1,846 | 1,621 | 1,904 | 1,414 | 1,228 | 1,488 | 1,608 | 1,362 | 1,383 | 1,479 | 1,566 |
| Net property, plant and equipment | 137,658 | 134,408 | 132,195 | 130,946 | 128,179 | 131,583 | 131,889 | 124,429 | 120,288 | 113,445 | 105,310 | 105,580 |
| Goodwill | 36,215 | 35,765 | 35,284 | 35,684 | 35,162 | 36,599 | 36,600 | 34,858 | 34,316 | 34,294 | 31,848 | 32,390 |
| Other intangible assets | 3,971 | 4,003 | 3,991 | 4,263 | 4,276 | 4,515 | 4,587 | 4,403 | 4,505 | 4,528 | 3,537 | 3,730 |
| Long-term investments | 22,417 | 22,100 | 21,381 | 21,409 | 20,882 | 21,053 | 20,837 | 18,387 | 18,294 | 17,531 | 16,846 | 15,420 |
| Current liabilities | 24,577 | 23,311 | 21,004 | 15,041 | 14,807 | 18,634 | 23,812 | 19,050 | 16,330 | 14,718 | 17,435 | 16,725 |
| Accounts payable | 10,184 | 9,860 | 7,593 | 6,538 | 5,799 | 6,637 | 7,082 | 6,044 | 4,585 | 3,840 | 4,334 | 4,429 |
| Long-term debt | 103,917 | 103,126 | 99,047 | 100,662 | 97,032 | 97,240 | 93,494 | 87,581 | 85,210 | 81,408 | 74,803 | 68,795 |
| Total debt | — | 109,525 | 105,252 | 103,709 | 101,053 | 103,113 | — | — | — | — | — | — |
| Total liabilities | 162,802 | 159,713 | 152,551 | 148,161 | 143,234 | 148,765 | 150,080 | 136,995 | 131,010 | 123,410 | 115,834 | 109,936 |
| Total equity (incl. minority) | 68,845 | 68,488 | 65,924 | 68,812 | 68,358 | 71,280 | 68,893 | 68,778 | 70,253 | 67,303 | 64,483 | 68,474 |
| Retained earnings | -20,334 | -19,611 | -21,284 | -19,064 | -17,663 | -17,785 | -20,046 | -16,495 | -15,794 | -15,696 | -17,115 | -15,009 |
| Minority interest | 3,496 | 3,518 | 3,591 | 3,630 | 2,910 | 3,022 | 2,993 | 2,990 | 3,025 | 3,042 | 3,029 | 3,382 |