Enbridge Inc (ENBHF) stock
ENBHFOTCPipe Lines (No Natural Gas)Fiscal year ends December 31Also trades as EBBGF, EBBNF, EBGEF, EBRGF, EBRZF, ENB, ENBFF, ENBGF, ENBMF, ENBNF, ENBOF, ENBRF, ENBSF, ENFFF, ENNPF
$16.98+0.00 (0.00%)
Close on Oct 19, 2026Market cap $106.89BP/E 26.4Yield 5.52%
Enbridge operating margin
Operating margin is operating income as a percentage of revenue.
Enbridge's operating margin for the twelve months ending Jun 30, 2026 was 13.3%. For fiscal 2025 it was 16.8%, against 18.0% the year before. The highest annual figure on record is 20.4% in fiscal 2020.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 16.8% | −1.2 |
| FY2024 | Dec 31, 2024 | 18.0% | −1.8 |
| FY2023 | Dec 31, 2023 | 19.8% | +10.1 |
| FY2022 | Dec 31, 2022 | 9.7% | −6.9 |
| FY2021 | Dec 31, 2021 | 16.6% | −3.8 |
| FY2020 | Dec 31, 2020 | 20.4% | +3.9 |
| FY2019 | Dec 31, 2019 | 16.5% | +6.1 |
| FY2018 | Dec 31, 2018 | 10.4% | +6.8 |
| FY2017 | Dec 31, 2017 | 3.5% | −3.9 |
| FY2016 | Dec 31, 2016 | 7.5% | +2.0 |
| FY2015 | Dec 31, 2015 | 5.5% | −3.0 |
| FY2014 | Dec 31, 2014 | 8.5% | +4.4 |
| FY2013 | Dec 31, 2013 | 4.1% | −2.3 |
| FY2012 | Dec 31, 2012 | 6.5% | −3.2 |
| FY2011 | Dec 31, 2011 | 9.7% | +3.5 |
| FY2010 | Dec 31, 2010 | 6.2% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 9.9% | −5.5 |
| Q1 FY2026 | Mar 31, 2026 | 14.4% | −5.4 |
| Q4 FY2025 | Dec 31, 2025 | 15.9% | +0.8 |
| Q3 FY2025 | Sep 30, 2025 | 15.5% | +0.6 |
| Q2 FY2025 | Jun 30, 2025 | 15.4% | −4.7 |
| Q1 FY2025 | Mar 31, 2025 | 19.8% | −4.7 |
| Q4 FY2024 | Dec 31, 2024 | 15.1% | −1.2 |
| Q3 FY2024 | Sep 30, 2024 | 14.9% | −3.3 |
| Q2 FY2024 | Jun 30, 2024 | 20.1% | −2.5 |
| Q1 FY2024 | Mar 31, 2024 | 24.6% | +2.5 |
| Q4 FY2023 | Dec 31, 2023 | 16.3% | +20.4 |
| Q3 FY2023 | Sep 30, 2023 | 18.2% | +2.9 |
| Q2 FY2023 | Jun 30, 2023 | 22.5% | +11.0 |
| Q1 FY2023 | Mar 31, 2023 | 22.0% | +6.0 |
| Q4 FY2022 | Dec 31, 2022 | -4.0% | −20.5 |
| Q3 FY2022 | Sep 30, 2022 | 15.4% | +3.3 |
| Q2 FY2022 | Jun 30, 2022 | 11.5% | −5.1 |
| Q1 FY2022 | Mar 31, 2022 | 16.0% | −4.9 |
| Q4 FY2021 | Dec 31, 2021 | 16.5% | −6.0 |
| Q3 FY2021 | Sep 30, 2021 | 12.1% | −10.9 |
| Q2 FY2021 | Jun 30, 2021 | 16.6% | −9.8 |
| Q1 FY2021 | Mar 31, 2021 | 20.9% | +8.3 |
| Q4 FY2020 | Dec 31, 2020 | 22.5% | +8.2 |
| Q3 FY2020 | Sep 30, 2020 | 23.0% | +9.3 |
| Q2 FY2020 | Jun 30, 2020 | 26.4% | +9.1 |
| Q1 FY2020 | Mar 31, 2020 | 12.6% | −7.8 |
| Q4 FY2019 | Dec 31, 2019 | 14.3% | +1.2 |
| Q3 FY2019 | Sep 30, 2019 | 13.7% | +6.2 |
| Q2 FY2019 | Jun 30, 2019 | 17.2% | +2.6 |
| Q1 FY2019 | Mar 31, 2019 | 20.4% | +13.5 |
| Q4 FY2018 | Dec 31, 2018 | 13.1% | +36.1 |
| Q3 FY2018 | Sep 30, 2018 | 7.5% | −8.6 |
| Q2 FY2018 | Jun 30, 2018 | 14.6% | −0.5 |
| Q1 FY2018 | Mar 31, 2018 | 6.9% | −5.3 |
| Q4 FY2017 | Dec 31, 2017 | -23.0% | −26.5 |
| Q3 FY2017 | Sep 30, 2017 | 16.1% | +18.7 |
| Q2 FY2017 | Jun 30, 2017 | 15.1% | – |
| Q1 FY2017 | Mar 31, 2017 | 12.2% | – |
| Q4 FY2016 | Dec 31, 2016 | 3.5% | – |
| Q3 FY2016 | Sep 30, 2016 | -2.5% | – |
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