Enbridge (ENB) EBITDA Margin (2012 - 2026)
Enbridge's EBITDA Margin came in at 14.80% for Q2 2026, down 9.94 percentage points from 24.74% a year earlier and down 6.03 percentage points from the prior quarter.
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Analysis
Enbridge (ENB) EBITDA Margin (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Enbridge reported EBITDA Margin of 20.19%, down 4.80 percentage points year-over-year; for FY2025, it was 25.49%, down 2.22 percentage points from FY2024.
- EBITDA Margin carries a five-year change of -4.36 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 27.71% in FY2024 (-2.68 pp), 30.39% in FY2023 (+12.58 pp), 17.81% in FY2022 (-6.95 pp) and 24.76% in FY2021 (-5.09 pp).
- The Q2 2026 figure represents the lowest quarterly EBITDA Margin since Q4 2022.
- Year-over-year, EBITDA Margin increased in two of the last eight quarters, with an average year-over-year change of -4.78 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2023 (a gain of 22.32 percentage points), and the weakest in Q4 2022 (a drop of 20.52 percentage points).
- Business Quant data shows ENB's EBITDA Margin at 20.83% (Q1 2026), 24.39% (Q4 2025) and 25.06% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn | 14.80% |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn | 54.48% |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - | 14.64% |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn | 39.46% |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn | 11.80% |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - | - |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn | 27.89% |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn | 37.39% |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn | 51.65% |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn | 15.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.80% |
| Mar 31, 2026 | 20.83% |
| Dec 31, 2025 | 24.39% |
| Sep 30, 2025 | 25.06% |
| Jun 30, 2025 | 24.74% |
| Mar 31, 2025 | 27.46% |
| Dec 31, 2024 | 23.62% |
| Sep 30, 2024 | 23.75% |
| Jun 30, 2024 | 31.28% |
| Mar 31, 2024 | 35.37% |
| Dec 31, 2023 | 26.65% |
| Sep 30, 2023 | 30.05% |
| Jun 30, 2023 | 33.43% |
| Mar 31, 2023 | 31.54% |
| Dec 31, 2022 | 4.34% |
| Sep 30, 2022 | 24.66% |
| Jun 30, 2022 | 19.55% |
| Mar 31, 2022 | 23.02% |
| Dec 31, 2021 | 24.86% |
| Sep 30, 2021 | 20.34% |
API Access
Enbridge EBITDA 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=ebitda-margin&ticker=ENB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "ENB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();