Enbridge (ENB) Interest Coverage Ratio (2012 - 2026)
Enbridge (ENB) posted quarterly Interest Coverage Ratio of 2.64 for Q1 2026, down 4.12% year-on-year from 2.75 in Q1 2025, and up 20.63% on a QoQ basis from 2.19 in Q4 2025.
Enbridge (ENB) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
Enbridge (ENB) has reported Interest Coverage Ratio for 15 consecutive years, with 2.64 the latest figure, recorded in Q1 2026.
- Quarterly Interest Coverage Ratio fell 4.12% year-over-year to 2.64 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.14 (down 1.83% YoY) and the FY2025 annual result came in at 2.18, changed 0.09% from the prior year.
- Interest Coverage Ratio rose to 2.64 in Q1 2026 per ENB's latest filing, from 2.19 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for ENB reached as high as 3.37 in Q1 2022 and fell as low as 0.63 in Q4 2022.
- A 5-year average of 2.14 and a median of 2.19 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio tumbled 115.36% — and 2023, when it surged 367.32%.
- Year by year, Interest Coverage Ratio stood at 0.63 in 2022, then jumped by 367.32% to 1.67 in 2023, then surged by 30.85% to 2.19 in 2024, then declined by 0.04% to 2.19 in 2025, then climbed by 20.63% to 2.64 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.64, 2.19, and 1.8 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 29.67 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -4.16 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 5.26 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.88 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.70 |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 3.15 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 2.21 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 3.25 |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 4.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 4.07 |
| Sep 30, 2021 | 2.14 |
| Jun 30, 2021 | 2.94 |