Enbridge (ENB) EV to EBITDA (2015 - 2026)
Enbridge's (ENB) EV to EBITDA stood at 9.75 in Q2 2026, up 14.7% from 8.50 a year earlier but down 4.1% from the prior quarter.
Enbridge (ENB) EV to EBITDA (2015 - 2026) Analysis & Trends
On a TTM basis, Enbridge's EV to EBITDA came in at 9.50 as of Jun 30, 2026, up 16.7% year-over-year; for FY2025, it was 8.88, up 3.0% from FY2024.
- Across earlier years, EV to EBITDA came in at 8.62 in FY2024 (+13.9%), 7.57 in FY2023 (-31.9%), 11.12 in FY2022 (+27.7%) and 8.71 in FY2021 (+13.7%).
- Quarterly EV to EBITDA has ranged from 7.57 in Q4 2023 to 10.98 in Q4 2022 over the past five years.
- On a year-over-year basis, EV to EBITDA has increased for seven consecutive quarters, with growth averaging 9.6% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 30.8% in Q1 2022, against a decline of 31.1% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.16 (Q1 2026), 8.90 (Q4 2025) and 9.58 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.58 Bn | 100.18 Bn | 4.84 Bn |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 80.00 Bn | 78.39 Bn | - |
| 4 | Kinder Morgan | 74.74 Bn | 74.44 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.24 Bn | 60.32 Bn | 2.81 Bn |
| 7 | Targa Resources | 62.85 Bn | 62.33 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.18 Bn | 54.01 Bn | 5.29 Bn |
| 9 | Mplx | 59.17 Bn | 52.74 Bn | 2.91 Bn |
| 10 | Oneok | 58.67 Bn | 57.06 Bn | 2.81 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.74 |
| Mar 31, 2026 | 10.16 |
| Dec 31, 2025 | 8.90 |
| Sep 30, 2025 | 9.58 |
| Jun 30, 2025 | 8.50 |
| Mar 31, 2025 | 8.48 |
| Dec 31, 2024 | 8.61 |
| Sep 30, 2024 | 8.67 |
| Jun 30, 2024 | 7.78 |
| Mar 31, 2024 | 7.90 |
| Dec 31, 2023 | 7.57 |
| Sep 30, 2023 | 8.84 |
| Jun 30, 2023 | 9.58 |
| Mar 31, 2023 | 10.60 |
| Dec 31, 2022 | 10.98 |
| Sep 30, 2022 | 8.10 |
| Jun 30, 2022 | 9.55 |
| Mar 31, 2022 | 10.24 |
| Dec 31, 2021 | 8.71 |
| Sep 30, 2021 | 8.86 |
Enbridge EV to EBITDA 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=ev-to-ebitda&ticker=ENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();