Enbridge (ENB) Operating Margin (2016 - 2026)

Enbridge (ENB) has 11 years of Operating Margin data on file, last reported at 14.43% in Q1 2026.

• Operating Margin for Q1 2026 came in at 14.43%, down 2741.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.22% (down 536.0% YoY), and the FY2025 annual result was 2.25%, down 3502.0% from the prior year.
• Operating Margin declined to 14.43% in Q1 2026 per ENB's latest filing, from 15.87% in the prior quarter.
• Over five years, Operating Margin peaked at 41.84% in Q1 2025 and troughed at 4.02% in Q4 2022.
• A 5-year average of 17.39% and a median of 15.87% in 2025 frame the typical range for Operating Margin.
• The sharpest annual moves came in 2023 and 2026: Operating Margin surged 2035 bps in 2023, then sank 2741 bps in 2026.
• A 5-year view of Operating Margin shows it stood at 4.02% in 2022, then soared by 506 bps to 16.33% in 2023, then fell by 8 bps to 15.09% in 2024, then grew by 5 bps to 15.87% in 2025, then dropped by 9 bps to 14.43% in 2026.
• Business Quant data shows ENB's Operating Margin at 14.43% in Q1 2026, 15.87% in Q4 2025, and 15.51% in Q3 2025.