Enbridge (ENB) Return on Equity [ROE] (2012 - 2026)
Enbridge (ENB) posted Return on Equity [ROE] of 9.28% for Q2 2026, down 0.65 percentage points from 9.93% a year earlier and down 1.36 percentage points from the prior quarter.
Enbridge (ENB) Return on Equity [ROE] (2012 - 2026) Analysis & Trends
For FY2025, Enbridge's Return on Equity [ROE] came in at 11.50%, up 3.11 percentage points from FY2024.
- Annual Return on Equity [ROE] shows a five-year change of +6.42 percentage points (FY2020 to FY2025).
- In prior years, Enbridge's Return on Equity [ROE] was 8.38% in FY2024 (-0.92 pp), 9.30% in FY2023 (+4.75 pp), 4.55% in FY2022 (-5.67 pp) and 10.22% in FY2021 (+5.14 pp).
- Quarterly Return on Equity [ROE] has run from a low of 4.43% in Q1 2023 to a high of 11.55% in Q4 2025 over five years.
- On a year-over-year basis, Return on Equity [ROE] increased in five of the last eight quarters, with an average year-over-year change of +1.14 percentage points.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q3 2021, with a gain of 5.96 percentage points; the weakest was Q1 2023, with a drop of 5.60 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 10.64% (Q1 2026), 11.55% (Q4 2025) and 9.04% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 9.28% |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 20.74% |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 14.04% |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 10.91% |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 446.22% |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 65.25% |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 33.40% |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 44.23% |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 16.10% |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | 33.19% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.28% |
| Mar 31, 2026 | 10.64% |
| Dec 31, 2025 | 11.55% |
| Sep 30, 2025 | 9.04% |
| Jun 30, 2025 | 9.93% |
| Mar 31, 2025 | 9.50% |
| Dec 31, 2024 | 8.28% |
| Sep 30, 2024 | 9.50% |
| Jun 30, 2024 | 8.37% |
| Mar 31, 2024 | 8.77% |
| Dec 31, 2023 | 9.11% |
| Sep 30, 2023 | 5.10% |
| Jun 30, 2023 | 6.50% |
| Mar 31, 2023 | 4.43% |
| Dec 31, 2022 | 4.76% |
| Sep 30, 2022 | 9.22% |
| Jun 30, 2022 | 8.50% |
| Mar 31, 2022 | 10.03% |
| Dec 31, 2021 | 9.91% |
| Sep 30, 2021 | 9.47% |
Enbridge Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=ENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();