Enbridge (EBBGF) Gross Margin (2012 - 2026)
Enbridge's (EBBGF) quarterly Gross Margin came in at 24.69% in Q2 2026, down 2148.0% year-over-year from 1.21% in Q2 2025, and down 39.97% quarter-over-quarter from 41.12% in Q1 2026.
Analysis
Enbridge (EBBGF) Gross Margin (2012 - 2026) Analysis & Trends
Enbridge (EBBGF) has reported Gross Margin for 15 consecutive years, with 24.69% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 2148.0% year-over-year to 24.69% in Q2 2026; TTM through Jun 2026 was 37.4%, a 869.0% decrease from a year earlier, with the FY2025 full-year figure at 47.3%, down 304.0% from the prior year.
- Gross Margin was 24.69% for Q2 2026 at Enbridge, down from 41.12% in the prior quarter.
- Over five years, Gross Margin peaked at 63.71% in Q1 2024 and troughed at 24.69% in Q2 2026.
- A 5-year average of 48.46% and a median of 48.12% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 1830 bps in 2023 and sank 2148 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 54.04% in 2022, then climbed by 8 bps to 58.46% in 2023, then slipped by 19 bps to 47.51% in 2024, then grew by 3 bps to 48.72% in 2025, then sank by 49 bps to 24.69% in 2026.
- The last three Gross Margin figures came in at 24.69% (Q2 2026), 41.12% (Q1 2026), and 48.72% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.43 Bn | 112.31 Bn | 3.07 Bn | 68.62% |
| 2 | Enterprise Products Partners | 85.02 Bn | 84.11 Bn | - | - |
| 3 | Energy Transfer | 74.51 Bn | 73.47 Bn | 7.40 Bn | 21.55% |
| 4 | Targa Resources | 62.54 Bn | 62.41 Bn | 2.14 Bn | 48.15% |
| 5 | Mplx | 60.94 Bn | 59.91 Bn | 2.73 Bn | 82.28% |
| 6 | Oneok | 60.43 Bn | 60.27 Bn | 2.81 Bn | 23.30% |
| 7 | Enbridge | 55.26 Bn | 55.75 Bn | 5.23 Bn | 24.69% |
| 8 | Gas Transporter Of The South | 22.53 Bn | -3,018.52 Bn | - | - |
| 9 | Plains All American Pipeline | 18.19 Bn | 17.13 Bn | 1.14 Bn | 6.43% |
| 10 | Tc Energy | 16.13 Bn | 15.60 Bn | 1.80 Bn | 62.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.69% |
| Mar 31, 2026 | 41.12% |
| Dec 31, 2025 | 48.72% |
| Sep 30, 2025 | 43.94% |
| Jun 30, 2025 | 46.17% |
| Mar 31, 2025 | 49.55% |
| Dec 31, 2024 | 47.51% |
| Sep 30, 2024 | 40.43% |
| Jun 30, 2024 | 54.37% |
| Mar 31, 2024 | 63.71% |
| Dec 31, 2023 | 58.46% |
| Sep 30, 2023 | 52.78% |
| Jun 30, 2023 | 56.39% |
| Mar 31, 2023 | 61.61% |
| Dec 31, 2022 | 54.04% |
| Sep 30, 2022 | 45.56% |
| Jun 30, 2022 | 38.09% |
| Mar 31, 2022 | 45.08% |
| Dec 31, 2021 | 46.81% |
| Sep 30, 2021 | 35.92% |