Enbridge (EBGEF) Gross Margin (2012 - 2026)
Enbridge's (EBGEF) 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.
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Enbridge (EBGEF) Gross Margin (2012 - 2026) Analysis & Trends
Enbridge (EBGEF) 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 | 110.71 Bn | 111.84 Bn | 3.07 Bn | 68.62% |
| 2 | Enterprise Products Partners | 82.12 Bn | 81.26 Bn | - | - |
| 3 | Energy Transfer | 70.45 Bn | 69.42 Bn | 7.40 Bn | 21.55% |
| 4 | Tc Energy | 62.27 Bn | 61.74 Bn | 1.80 Bn | 62.88% |
| 5 | Targa Resources | 60.51 Bn | 60.52 Bn | 2.14 Bn | 48.15% |
| 6 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 82.28% |
| 7 | Oneok | 56.80 Bn | 56.74 Bn | 2.81 Bn | 23.30% |
| 8 | Cheniere Energy | 56.38 Bn | 60.43 Bn | 5.29 Bn | 92.34% |
| 9 | Enbridge | 54.60 Bn | 55.10 Bn | 5.23 Bn | 24.69% |
| 10 | Venture Global | 32.13 Bn | 32.42 Bn | 2.92 Bn | 63.74% |
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% |
API Access
Enbridge Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=EBGEF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "EBGEF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=EBGEF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();