Enbridge (ENB) Interest Coverage Ratio (2011 - 2026)
Enbridge's (ENB) Interest Coverage Ratio stood at 2.09 in Q2 2026, up 7.6% from 1.94 a year earlier but down 21.0% from the prior quarter.
Enbridge (ENB) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
On a TTM basis, Enbridge's Interest Coverage Ratio came in at 2.17 as of Jun 30, 2026, up 1.5% year-over-year; for FY2025, it was 2.18, down 0.1% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 2.18 in FY2024 (-3.8%), 2.27 in FY2023 (+39.3%), 1.63 in FY2022 (-44.6%) and 2.94 in FY2021 (+3.1%).
- Quarterly Interest Coverage Ratio has ranged from -0.63 in Q4 2022 to 3.37 in Q1 2022 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio rose in three of the last eight quarters, with growth averaging 1.5%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 38.5% in Q2 2023, against a decline of 34.6% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.64 (Q1 2026), 2.19 (Q4 2025) and 1.80 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 2.04 |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | 2.95 |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 5.17 |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | - |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 2.95 |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | 2.73 |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | - |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | 6.72 |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 4.92 |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn | 3.78 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.04 |
| Jun 30, 2026 | 2.09 |
| Mar 31, 2026 | 2.64 |
| Dec 31, 2025 | 2.19 |
| Sep 30, 2025 | 1.80 |
| Jun 30, 2025 | 1.94 |
| Mar 31, 2025 | 2.75 |
| Dec 31, 2024 | 2.19 |
| Sep 30, 2024 | 1.69 |
| Jun 30, 2024 | 2.10 |
| Mar 31, 2024 | 3.00 |
| Dec 31, 2023 | 1.67 |
| Sep 30, 2023 | 1.95 |
| Jun 30, 2023 | 2.66 |
| Mar 31, 2023 | 2.94 |
| Dec 31, 2022 | -0.63 |
| Sep 30, 2022 | 2.21 |
| Jun 30, 2022 | 1.92 |
| Mar 31, 2022 | 3.37 |
| Dec 31, 2021 | 2.80 |
Enbridge Interest Coverage Ratio 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=interest-coverage-ratio&ticker=ENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();