Enbridge (ENB) EBT Margin (2012 - 2026)
Enbridge (ENB) reported EBT Margin of 6.86% for Q2 2026, down 13.22 percentage points from 20.08% a year earlier and down 3.72 percentage points from the prior quarter.
Enbridge (ENB) EBT Margin (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Enbridge's EBT Margin came in at 9.57%, down 4.03 percentage points year-over-year; for FY2025, it came in at 15.02%, up 1.37 percentage points from FY2024.
- EBT Margin has a five-year change of +4.30 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 13.65% in FY2024 (-4.40 pp), 18.05% in FY2023 (+9.53 pp), 8.52% in FY2022 (-7.90 pp) and 16.42% in FY2021 (+5.70 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBT Margin since Q4 2024.
- Year over year, EBT Margin gained in two of the last eight quarters, with an average year-over-year change of -3.69 percentage points.
- The high point for year-over-year EBT Margin in five years was Q4 2023 (a gain of 23.85 percentage points); the low point was Q4 2022 (a drop of 23.56 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 10.58% (Q1 2026), 14.30% (Q4 2025) and 7.94% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 6.86% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 10.22% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 7.93% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 26.04% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 36.72% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 22.63% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 32.88% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 10.51% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 69.92% |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 38.29% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.86% |
| Mar 31, 2026 | 10.58% |
| Dec 31, 2025 | 14.30% |
| Sep 30, 2025 | 7.94% |
| Jun 30, 2025 | 20.08% |
| Mar 31, 2025 | 17.23% |
| Dec 31, 2024 | 5.24% |
| Sep 30, 2024 | 11.82% |
| Jun 30, 2024 | 24.17% |
| Mar 31, 2024 | 17.68% |
| Dec 31, 2023 | 19.76% |
| Sep 30, 2023 | 7.63% |
| Jun 30, 2023 | 24.16% |
| Mar 31, 2023 | 19.68% |
| Dec 31, 2022 | -4.09% |
| Sep 30, 2022 | 14.70% |
| Jun 30, 2022 | 5.60% |
| Mar 31, 2022 | 17.55% |
| Dec 31, 2021 | 19.47% |
| Sep 30, 2021 | 8.83% |
Enbridge EBT 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=ebt-margin&ticker=ENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();