Enbridge (ENB) EBITDA Margin (2012 - 2026)
Enbridge (ENB) posted quarterly EBITDA Margin of 14.43% for Q1 2026, down 542.0% year-on-year from 3.26% in Q1 2025, and down 9.11% on a QoQ basis from 15.87% in Q4 2025.
Enbridge (ENB) EBITDA Margin (2012 - 2026) Analysis & Trends
Enbridge (ENB) has reported EBITDA Margin for 15 consecutive years, with 14.43% the latest figure, recorded in Q1 2026.
- Quarterly EBITDA Margin fell 542.0% year-over-year to 14.43% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.22% (down 217.0% YoY) and the FY2025 annual result came in at 16.81%, down 124.0% from the prior year.
- EBITDA Margin fell to 14.43% in Q1 2026 per ENB's latest filing, from 15.87% in the prior quarter.
- Over the last five years, EBITDA Margin for ENB reached as high as 24.56% in Q1 2024 and fell as low as 4.02% in Q4 2022.
- A 5-year average of 16.1% and a median of 15.87% in 2025 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2022 — EBITDA Margin plunged 2049 bps — and 2023, when it jumped 2035 bps.
- Year by year, EBITDA Margin stood at 4.02% in 2022, then jumped by 506 bps to 16.33% in 2023, then dropped by 8 bps to 15.09% in 2024, then advanced by 5 bps to 15.87% in 2025, then decreased by 9 bps to 14.43% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 14.43%, 15.87%, and 15.51% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 71.56% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 79.97% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 30.06% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 14.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 13.17% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.10% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 10.74% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 20.68% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 14.85% |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 51.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.43% |
| Dec 31, 2025 | 15.87% |
| Sep 30, 2025 | 15.51% |
| Jun 30, 2025 | 15.39% |
| Mar 31, 2025 | 19.85% |
| Dec 31, 2024 | 15.09% |
| Sep 30, 2024 | 14.90% |
| Jun 30, 2024 | 20.05% |
| Mar 31, 2024 | 24.56% |
| Dec 31, 2023 | 16.33% |
| Sep 30, 2023 | 18.22% |
| Jun 30, 2023 | 22.53% |
| Mar 31, 2023 | 22.05% |
| Dec 31, 2022 | -4.02% |
| Sep 30, 2022 | 15.36% |
| Jun 30, 2022 | 11.50% |
| Mar 31, 2022 | 16.03% |
| Dec 31, 2021 | 16.46% |
| Sep 30, 2021 | 12.11% |
| Jun 30, 2021 | 16.59% |